MORN Pre-Tax Margin - Morningstar, Inc.

Complete source-backed pre-tax margin history.

Available history: 2008-12-31 to 2026-06-30
Data captured: 2026-09-04

Historical Pre-Tax Margin

Date	Pre-Tax Margin
2026-06-30	22.17%
2026-03-31	21.99%
2025-12-31	23.02%
2025-09-30	19.94%
2025-06-30	19.25%
2025-03-31	18.65%
2024-12-31	24.62%
2024-09-30	26.68%
2024-06-30	15.65%
2024-03-31	16.03%
2023-12-31	15.39%
2023-09-30	11.13%
2023-06-30	6.28%
2023-03-31	0.44%
2022-12-31	6.44%
2022-09-30	-0.49%
2022-06-30	8.35%
2022-03-31	13.79%
2021-12-31	16.05%
2021-09-30	14.74%
2021-06-30	11.03%
2021-03-31	17.13%
2020-12-31	24.55%
2020-09-30	25.90%
2020-06-30	19.49%
2020-03-31	10.25%
2019-12-31	10.74%
2019-09-30	20.24%
2019-06-30	19.39%
2019-03-31	17.84%
2018-12-31	18.42%
2018-09-30	27.82%
2018-06-30	21.79%
2018-03-31	23.33%
2017-12-31	17.24%
2017-09-30	22.10%
2017-06-30	26.75%
2017-03-31	12.94%
2016-12-31	41.66%
2016-09-30	23.61%
2016-06-30	23.92%
2016-03-31	22.28%
2015-12-31	25.55%
2015-09-30	24.37%
2015-06-30	24.89%
2015-03-31	23.23%
2014-12-31	24.69%
2014-09-30	23.30%
2014-06-30	-9.98%
2014-03-31	21.74%
2013-12-31	24.60%
2013-09-30	26.16%
2013-06-30	26.62%
2013-03-31	24.58%
2012-12-31	22.68%
2012-09-30	25.94%
2012-06-30	25.39%
2012-03-31	19.32%
2011-12-31	22.48%
2011-09-30	20.80%
2011-06-30	23.98%
2011-03-31	21.47%
2010-12-31	21.81%
2010-09-30	26.01%
2010-06-30	20.35%
2010-03-31	23.98%
2009-12-31	19.01%
2009-09-30	28.71%
2009-06-30	29.00%

Annual Pre-Tax Margin

Date	Pre-Tax Margin
2025-12-31	20.27%
2024-12-31	20.83%
2023-12-31	8.54%
2022-12-31	6.98%
2021-12-31	14.74%
2020-12-31	20.37%
2019-12-31	16.84%
2018-12-31	22.84%
2017-12-31	19.86%
2016-12-31	28.16%
2015-12-31	24.56%
2014-12-31	15.00%
2013-12-31	25.49%
2012-12-31	23.34%
2011-12-31	22.19%
2010-12-31	23.01%
2009-12-31	26.64%
2008-12-31	28.49%