Morningstar Inc (MORN)
299.98
-5.87
(-1.92%)
USD |
NASDAQ |
Apr 15, 16:00
300.10
+0.12
(+0.04%)
After-Hours: 20:00
Morningstar Gross Profit Margin (Quarterly): 61.87% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 61.87% |
| September 30, 2023 | 60.64% |
| June 30, 2023 | 57.12% |
| March 31, 2023 | 54.39% |
| December 31, 2022 | 58.95% |
| September 30, 2022 | 58.27% |
| June 30, 2022 | 57.99% |
| March 31, 2022 | 58.14% |
| December 31, 2021 | 58.98% |
| September 30, 2021 | 57.31% |
| June 30, 2021 | 59.46% |
| March 31, 2021 | 59.95% |
| December 31, 2020 | 60.67% |
| September 30, 2020 | 61.17% |
| June 30, 2020 | 60.02% |
| March 31, 2020 | 57.72% |
| December 31, 2019 | 57.25% |
| September 30, 2019 | 59.08% |
| June 30, 2019 | 60.75% |
| March 31, 2019 | 59.41% |
| December 31, 2018 | 58.55% |
| September 30, 2018 | 61.73% |
| June 30, 2018 | 60.46% |
| March 31, 2018 | 57.95% |
| December 31, 2017 | 57.47% |
| Date | Value |
|---|---|
| September 30, 2017 | 60.46% |
| June 30, 2017 | 58.42% |
| March 31, 2017 | 53.70% |
| December 31, 2016 | 58.53% |
| September 30, 2016 | 56.71% |
| June 30, 2016 | 56.56% |
| March 31, 2016 | 55.60% |
| December 31, 2015 | 57.89% |
| September 30, 2015 | 57.30% |
| June 30, 2015 | 58.83% |
| March 31, 2015 | 58.54% |
| December 31, 2014 | 58.66% |
| September 30, 2014 | 58.57% |
| June 30, 2014 | 56.97% |
| March 31, 2014 | 58.17% |
| December 31, 2013 | 59.62% |
| September 30, 2013 | 58.25% |
| June 30, 2013 | 63.27% |
| March 31, 2013 | 63.49% |
| December 31, 2012 | 64.46% |
| September 30, 2012 | 62.37% |
| June 30, 2012 | 70.20% |
| March 31, 2012 | 68.70% |
| December 31, 2011 | 36.08% |
| September 30, 2011 | 69.96% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
54.39%
Minimum
Mar 2023
61.87%
Maximum
Dec 2023
58.93%
Average
58.98%
Median
Dec 2021
Gross Profit Margin (Quarterly) Benchmarks
| CME Group Inc | 85.21% |
| Nasdaq Inc | 44.93% |
| Value Line Inc | 59.27% |
| Cboe Global Markets Inc | 39.87% |
| Coinbase Global Inc | 86.84% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 11.34% |
| Return on Assets | 4.12% |
| Return on Invested Capital | 6.06% |
| Profit Margin (Quarterly) | 13.64% |
| Operating Margin (Quarterly) | 17.52% |
| Return on Net Operating Assets | 4.98% |