Morningstar, Inc. Financial Ratios — MRS Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	12.03	13.67	17.45	11.65	20.5	24.09	18.24	21.04	15.06	18.99	14.39	5.38	11.13	25.11	26.35
Return on Assets (%)	8.71	9.76	11.92	7.67	13	13.53	9.93	12.8	7.95	8.83	6.95	2.22	4.1	10.64	10.48
Return on Capital (%)	12.12	13.69	17.45	11.43	19.52	19.98	14.61	18.54	11.43	12.66	10.39	3.87	7.31	16.33	16.16
Return on Invested Capital (%)	11.65	12.49	16.52	10.56	19	16.01	13.45	17.3	10.55	9.28	10.05	4.26	7.54	15.2	15.79
Gross Margin (%)	62.74	62.51	61.13	58.08	58.15	56.89	57.6	59.69	59.02	59.96	58.9	58.34	58.62	60.63	61.03
EBITDA Margin (%)	28.72	29.43	30.99	21.12	32.33	31.49	28.63	30.64	26.06	25.53	23.99	17.88	20.38	29.68	29.3
Operating Margin (%)	21.92	22.89	24.45	21.92	24.16	22.64	18.62	21.16	16.08	15.49	15.12	8.97	11.31	18.5	20.61
Incremental Operating Margin (%)	22.82	45.57	50.06	- -	83.62	- -	- -	42.51	- -	12.16	13.49	- -	37.38	80.42	48.77
Pretax Margin (%)	22.19	23.34	25.49	15	24.56	28.16	19.86	22.84	16.84	20.37	14.74	6.98	8.9	21.59	20.4
Profit Margin (%)	15.58	16.42	17.69	10.3	16.81	20.16	15.02	17.94	12.89	16.09	11.38	3.77	6.92	16.26	15.3
Net Income to Common Margin (%)	15.58	16.42	17.69	10.3	16.81	20.16	15.02	17.94	12.89	16.09	11.38	3.77	6.92	16.26	15.3
Effective Tax Rate (%)	31.16	34.42	31.46	31.32	32.37	28.32	23.69	20.52	22.97	21.1	24.99	43.26	18.18	21.17	24.35
Dvd Payout Ratio (%)	10.22	24.83	14.11	38.95	25.34	23.54	28.71	23.28	31.45	22.99	28.04	87.23	45.29	18.73	20.55
Sustainable Growth Rate (%)	10.8	10.28	14.98	7.11	15.3	18.42	13	16.14	10.33	14.62	10.35	0.69	6.09	20.4	20.93

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	- -	- -	- -	30	35	250	180	70	688	627	532	1,324	1,160	904	1,261
ST Debt	- -	- -	- -	30	35	- -	- -	- -	47	40	36	69	69	35	42
LT Debt	- -	- -	- -	- -	- -	250	180	70	641	587	495	1,254	1,092	869	1,219
Total Debt/EBITDA	- -	- -	- -	0.19	0.14	0.99	0.69	0.22	2.24	1.77	1.3	3.96	2.79	1.34	1.76
Net Debt/EBITDA	-1.11	-0.85	-0.78	-0.97	-0.67	-0.04	-0.49	-0.96	0.58	0.07	-0.31	2.19	1.53	0.29	0.83
Total Debt/EBIT	- -	- -	- -	0.28	0.18	1.38	1.06	0.32	3.63	2.91	2.07	7.89	5.03	1.86	2.39
Net Debt/EBIT	-1.45	-1.09	-0.99	-1.47	-0.9	-0.05	-0.76	-1.39	0.94	0.12	-0.48	4.37	2.75	0.4	1.14
EBITDA to Interest Expense	137.58	623.04	949.12	321	510	167.67	47.45	173.61	35.32	31.95	46.86	11.77	8.04	13.53	17.91
EBITDA-CapEx/Interest Expense	137.58	623.04	949.12	321	510	167.67	47.45	173.61	35.32	31.95	46.86	11.77	8.04	13.53	17.91
EBIT to Interest Expense	105.02	484.46	748.68	333.2	381.2	120.53	30.87	119.89	21.79	19.39	29.54	5.91	4.46	8.43	12.6
Interest Expense	1	- -	- -	1	1	2	6	2	9	11	9	28	52	50	40
Common Equity/Total Assets	72.98	69.63	66.97	64.68	62.23	51.56	57.26	64.29	45.7	47.16	49.46	34.74	39.01	45.61	34.03
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	35.88	22.36	7.49	59.14	46.15	34.97	103.9	82.22	53.68	99.79
Long-Term Debt/Capital (%)	- -	- -	- -	- -	- -	26.4	18.28	6.97	36.18	30.92	25.42	49.56	43.88	34.44	49.11
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	- -	18.51	12.81	4.81	27.03	21.77	17.29	36.09	32.08	24.48	33.96
Total Debt/Equity (%)	- -	- -	- -	4.58	5.46	35.88	22.36	7.49	63.46	49.29	37.54	109.65	87.38	55.85	103.21
Total Debt/Capital (%)	- -	- -	- -	4.38	5.18	26.4	18.28	6.97	38.82	33.02	27.29	52.3	46.63	35.84	50.79
Total Debt/Total Assets (%)	- -	- -	- -	2.97	3.4	18.51	12.81	4.81	29	23.25	18.57	38.09	34.09	25.47	35.13
Net Debt to Equity	-23.39	-22.55	-24.33	-23.72	-26.87	-1.31	-15.93	-32.02	16.52	2.09	-8.79	60.72	47.79	12.1	48.95
Net Debt/Capital (%)	-30.53	-29.11	-32.14	-31.09	-36.73	-1.32	-18.94	-47.1	12.46	1.8	-8.5	34.03	29.51	9.7	29.78
EBITDA	181	194	216	161	255	252	261	313	307	355	408	334	416	675	717
EBITDA-CapEx	181	194	216	161	255	252	261	313	307	355	408	334	416	675	717
Operating Income (Loss)	138	151	171	167	191	181	170	216	190	215	257	168	231	421	504

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	1.74	1.25	1.11	0.76	0.82	1.03	1.09	1.09	0.74	0.74	0.7	0.47	0.44	0.57	0.5
Current Ratio	2.26	1.84	1.66	1.33	1.35	1.6	1.64	1.66	1.22	1.17	1.13	0.92	0.93	1.05	0.99
Quick Ratio	2.18	1.75	1.55	1.23	1.27	1.53	1.55	1.57	1.13	1.07	1.05	0.82	0.83	0.95	0.89
CFO/Avg Current Liab	0.63	0.55	0.71	0.48	0.81	0.71	0.81	0.92	0.78	0.68	0.64	0.36	0.36	0.64	0.58
Common Equity/Total Assets	72.98	69.63	66.97	64.68	62.23	51.56	57.26	64.29	45.7	47.16	49.46	34.74	39.01	45.61	34.03
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	35.88	22.36	7.49	59.14	46.15	34.97	103.9	82.22	53.68	99.79
Long-Term Debt/Capital (%)	- -	- -	- -	- -	- -	26.4	18.28	6.97	36.18	30.92	25.42	49.56	43.88	34.44	49.11
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	- -	18.51	12.81	4.81	27.03	21.77	17.29	36.09	32.08	24.48	33.96
Total Debt/Equity (%)	- -	- -	- -	4.58	5.46	35.88	22.36	7.49	63.46	49.29	37.54	109.65	87.38	55.85	103.21
Total Debt/Capital (%)	- -	- -	- -	4.38	5.18	26.4	18.28	6.97	38.82	33.02	27.29	52.3	46.63	35.84	50.79
Total Debt/Total Assets (%)	- -	- -	- -	2.97	3.4	18.51	12.81	4.81	29	23.25	18.57	38.09	34.09	25.47	35.13
CFO/Total Liabilities	52.36	46.34	55.01	38.38	62.18	32.67	41.63	60.64	25.98	26.98	31.1	13.13	15.24	30.65	24.9
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	5.63	5.78	6.11	6.06	5.72	5.6	6.2	6.37	6.54	7.06	7.17	6.49	6.26	6.48	6.53
Days Sales Outstanding	64.8	63.12	59.72	60.22	63.86	65.15	58.85	57.33	55.83	51.7	50.91	56.27	58.35	56.31	55.86
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Cash & Cash Equivalents	200	164	168	185	207	259	308	369	334	423	484	377	338	503	475
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	2	1	1	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	- -	- -	30	35	250	180	70	688	627	532	1,324	1,160	904	1,261
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Capital	857	727	691	684	676	947	985	1,005	1,771	1,898	1,947	2,531	2,488	2,523	2,483
Total Debt/Capital (%)	- -	- -	- -	4.38	5.18	26.4	18.28	6.97	38.82	33.02	27.29	52.3	46.63	35.84	50.79
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Sales	631	658	698	760	789	799	912	1,020	1,179	1,390	1,699	1,871	2,039	2,275	2,446
TTM EBITDA	181	194	216	161	255	252	261	313	307	355	408	334	416	675	717
TTM Operating Income	138	151	171	167	191	181	170	216	190	215	257	168	231	421	504
TTM Cash Flow to Firm	166	146	187	137	242	215	254	316	341	393	456	314	359	631	620
TTM Free Cash Flow to Firm	166	146	187	137	242	215	254	316	341	393	456	314	359	631	620

Multiples (USD)

Valuation Multiples API ChatGPT

No data availableFinancial data will appear here once available

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	50	47	45	44	43	43	43	43	43	43	43	42	43	43	40
Diluted Weighted Avg Shares	51	49	46	45	44	43	43	43	43	43	43	43	43	43	42
Basic Weighted Avg Shares	50	48	46	45	44	43	43	43	43	43	43	43	43	43	42
Revenue per Share	12.62	13.57	15.13	17.01	17.85	18.57	21.35	23.94	27.61	32.39	39.52	43.91	47.85	53.16	58.37
EBITDA per Share	3.62	4	4.69	3.59	5.77	5.85	6.11	7.34	7.2	8.27	9.48	7.85	9.75	15.78	17.1
Operating Income per Share	2.77	3.11	3.7	3.73	4.31	4.2	3.98	5.07	4.44	5.02	5.98	3.94	5.41	9.83	12.03
Basic EPS, GAAP	1.97	2.23	2.68	1.75	3	3.74	3.21	4.3	3.56	5.21	4.5	1.65	3.31	8.64	8.93
Basic EPS from Cont Ops	1.97	2.12	2.67	1.75	3	3.74	3.21	4.3	3.56	5.21	4.5	1.65	3.31	8.64	8.93
Diluted EPS, GAAP	1.93	2.2	2.66	1.74	2.99	3.72	3.18	4.26	3.52	5.18	4.45	1.64	3.29	8.58	8.87
Diluted EPS from Cont Ops	1.93	2.09	2.65	1.74	3	3.72	3.18	4.26	3.52	5.18	4.45	1.64	3.29	8.58	8.87
Dividend per Share	0.2	0.53	0.38	0.68	0.76	0.88	0.92	1	1.12	1.2	1.26	1.44	1.5	1.62	1.84
Cash Flow per Share	3.3	3.01	4.04	3.06	5.46	4.97	5.86	7.39	7.83	8.96	10.46	6.99	7.43	13.82	14.07
Free Cash Flow per Basic Share	3.3	3.01	4.04	3.06	5.46	4.97	5.86	7.39	7.83	8.96	10.46	6.99	7.43	13.82	14.07
Cash & Equivalents per Share	9.39	6.91	6.64	5.06	5.73	7.08	8.3	9.29	8.58	10.82	12.66	9.76	9.1	12.85	13.3
Book Value per Share	17.08	15.59	15.35	14.74	14.75	16.22	18.92	21.93	25.29	29.64	32.82	28.42	31.08	37.76	30.75
Tangible Book Value per Share	7.93	6.19	5.78	4.23	4.65	0.44	3.4	7.13	-6.74	-7.31	-2.77	-21.5	-17.21	-8.22	-19.33