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AI brief of an SEC Form 8-K · Morningstar (MORN)

Morningstar Q3 revenue rises 10.5% to $569.4 million; CFO Jason Dubinsky to step down

Positive Impact 4 of 5 earnings Written later

Morningstar reported third-quarter 2024 revenue of $569.4 million, up 10.5% from a year earlier, and diluted net income per share of $2.77, up 204.4%. The EPS figure includes a $1.05 per-share gain from the sale of its Commodity and Energy Data business; adjusted diluted EPS was $2.00, up 56.3%. The company also said CFO Jason Dubinsky will step down effective December 31, 2024, and then serve as a consultant through June 30, 2025.

Key points

  • Revenue rose 10.5% to $569.4 million; organic revenue grew 10.1%.
  • Operating income rose 65.0% to $115.5 million; adjusted operating income rose 41.6% to $130.3 million.
  • Diluted EPS was $2.77 including a $45.3 million gain on the business sale; adjusted diluted EPS was $2.00.
  • Jason Dubinsky will leave the CFO role effective December 31, 2024, and consult through June 30, 2025.

The filing

CompanyMorningstar (MORN)
Form8-K, current report
Filed with the SECOct 23, 2024, 4:50 PM ET
Accession number0001289419-24-000107

Items reported: 2.02 Results of Operations5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:17 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 23, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.