Morningstar General and Administrative Expenses | MORN

General and Administrative Expenses — these are a part of a company's operating expenses that are not directly related to the production of goods or the provision of services but are necessary for the overall functioning of the business.

What these expenses include

Salaries of administrative staff (executives, HR, accountants, legal personnel)
Office rent and utilities
Office equipment and IT infrastructure
Professional services (auditors, lawyers, consultants)
Insurance
General administrative travel and representation expenses

What the metric indicates

Cost control
A high level of such expenses may indicate inefficient management or an overly complex structure
Profitability
Reducing administrative expenses while maintaining stable revenue increases operating profit
Comparative analysis
Investors can compare this metric as a percentage of revenue among companies in the same industry
Business flexibility
Companies with a flexible and controlled expense structure are more resilient to revenue declines

Annual General and Administrative Expenses Morningstar

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
334 M	327 M	356 M	400 M	318 M	272 M	211 M	148 M	130 M	105 M	107 M	109 M	107 M	109 M	108 M	92.8 M	83.6 M	85.5 M	-

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
400 M	83.6 M	189 M

Quarterly General and Administrative Expenses Morningstar

2026-Q2	2026-Q1	2025-Q4	2025-Q3	2025-Q2	2025-Q1	2024-Q4	2024-Q3	2024-Q2	2024-Q1	2023-Q4	2023-Q3	2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1	2010-Q3	2010-Q2
98.5 M	84 M	-	85.9 M	82 M	76.5 M	-	77.6 M	80.3 M	80.3 M	-	89.7 M	90.1 M	84 M	-	117 M	87.1 M	90.3 M	-	67 M	95.7 M	69.8 M	-	85.8 M	54.6 M	57.4 M	-	57.2 M	44 M	40.8 M	-	35.4 M	36 M	32.2 M	-	33.3 M	29.7 M	30.2 M	-	25.8 M	24.7 M	25.6 M	-	26 M	27.8 M	26.1 M	-	26.4 M	30.4 M	26.1 M	-	22.4 M	28.1 M	27.3 M	-	24 M	24.9 M	28.2 M	-	26.4 M	26.2 M	30.6 M	23.5 M	23.1 M

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
117 M	22.4 M	51.3 M

General and Administrative Expenses of other stocks in the Financial data industry

Issuer	General and Administrative Expenses	Price	% 24h	Market Cap	Country
Московская Биржа MOEX	1.6 B	-	-	-	Russia
Cboe Global Markets CBOE	126 M	$ 285.26	1.5 %	$ 29.9 B	USA
CME Group CME	548 M	$ 280.65	1.85 %	$ 101 B	USA
Cohen & Company COHN	19.3 M	$ 10.92	2.01 %	$ 18.9 M	USA
FactSet Research Systems FDS	476 M	$ 276.74	6.61 %	$ 10.5 B	USA
Intercontinental Exchange ICE	293 M	$ 157.49	0.05 %	$ 90.1 B	USA
Jefferies Financial Group JEF	710 M	$ 49.86	0.89 %	$ 10.7 B	USA
Moody's Corporation MCO	1.8 B	$ 476.41	0.28 %	$ 85.3 B	USA
MSCI MSCI	180 M	$ 550.52	0.06 %	$ 42.1 B	USA
Nasdaq NDAQ	75 M	$ 91.16	0.07 %	$ 52.3 B	USA
B. Riley Financial RILY	600 M	$ 6.23	0.15 %	$ 190 M	USA
Siebert Financial Corp. SIEB	6.95 M	$ 2.47	0.37 %	$ 99.7 M	USA
S&P Global SPGI	3.42 B	$ 417.62	1.67 %	$ 127 B	USA
Value Line VALU	4.86 M	$ 38.46	1.89 %	$ 362 M	USA
Voya Financial VOYA	2.15 B	$ 102.8	0.45 %	$ 9.85 B	USA