Morningstar, Inc.MORNNASDAQ
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Gross Profit Over Time
Trending higher, above historical average, strong compound growth.
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Revenue minus cost of goods sold
Latest
$1.38B
↑ 67% above average
Average (9y)
$824.26M
Historical baseline
Range
High:$1.38B
Low:$454.30M
CAGR
+13.0%
Consistent expansion
| Period | Value | Change |
|---|---|---|
| 2024 | $1.38B | +15.4% |
| 2023 | $1.20B | +9.5% |
| 2022 | $1.09B | +9.0% |
| 2021 | $1.00B | +20.1% |
| 2020 | $833.10M | +19.7% |
| 2019 | $695.90M | +14.3% |
| 2018 | $608.80M | +15.9% |
| 2017 | $525.10M | +15.6% |
| 2016 | $454.30M | -1.0% |
| 2015 | $458.70M | - |