Morningstar/$MORN
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Morningstar
Morningstar Inc is a provider of independent investment insights to financial advisers, asset managers, and investors. It provides data and research insights on various investment offerings, including managed investment products, publicly listed companies, private capital markets, debt securities, and real-time market data. The company has five reportable segments: Morningstar Direct Platform, PitchBook, Morningstar Credit, Morningstar Wealth, and Morningstar Retirement. Maximum revenue is derived from the Morningstar Direct Platform, which provides investors with comprehensive data, research, insights, and investment analysis through product areas such as Morningstar Data, Morningstar Direct, and Morningstar Advisor Workstation. Geographically, it generates maximum revenue from the USA.
- Ticker
- $MORN
- Sector
- Finance
- Primary listing
- NASDAQ
- Employees
- 10,973
- Headquarters
- Chicago, United States
- Website
- www.morningstar.com
Morningstar Metrics
BasicAdvanced
$8.4B
19.81
$11.42
1.02
$2.00
0.88%
Price and volume
Market cap
$8.4B
Beta
1.02
52-week high
$227.05
52-week low
$141.49
Average daily volume
257K
Dividend rate
$2.00
Financial strength
Current ratio
1.048
Quick ratio
0.946
Long term debt to equity
1.756
Total debt to equity
1.813
Dividend payout ratio (TTM)
17.17%
Interest coverage (TTM)
9.33%
Profitability
EBITDA (TTM)
719.4
Gross margin (TTM)
63.07%
Net profit margin (TTM)
17.00%
Operating margin (TTM)
23.53%
Effective tax rate (TTM)
24.90%
Revenue per employee (TTM)
$240,000
Management effectiveness
Return on assets (TTM)
10.27%
Return on equity (TTM)
35.08%
Valuation
Price to earnings (TTM)
19.807
Price to revenue (TTM)
3.337
Price to book
8.18
Price to tangible book (TTM)
-6.61
Price to free cash flow (TTM)
16.97
Free cash flow yield (TTM)
5.89%
Free cash flow per share (TTM)
13.329
Dividend yield (TTM)
0.88%
Forward dividend yield
0.88%
Growth
Revenue change (TTM)
9.43%
Earnings per share change (TTM)
29.83%
3-year revenue growth (CAGR)
9.90%
10-year revenue growth (CAGR)
12.77%
3-year earnings per share growth (CAGR)
90.24%
10-year earnings per share growth (CAGR)
14.52%
3-year dividend per share growth (CAGR)
9.73%
10-year dividend per share growth (CAGR)
8.53%
What the Analysts think about Morningstar
Analyst ratings (Buy, Hold, Sell) for Morningstar stock.
Analyst projections of the future price of Morningstar stock.
Bulls say / Bears say
Third-quarter revenue rose 8.9%, while adjusted operating income grew 26.1% and adjusted operating margin increased to 28.3%. The results show that Morningstar is currently turning steady sales growth into faster profit growth. (Morningstar)
Morningstar Credit revenue grew 18.3% in the quarter and adjusted operating income rose 44.5%, with growth across regions and asset classes. This gives the group a strong current growth engine beyond its data platforms. (Morningstar)
Morningstar has launched Direct AI, putting its proprietary investment research and data into task-focused workflows for professional clients. PitchBook’s connector usage also rose to more than 13 million tool calls in October from 1 million in July, an early sign that clients are using its data in AI workflows. (Morningstar, Morningstar)
PitchBook revenue growth slowed to 3.9%, with higher churn among corporate and venture-capital clients. Its adjusted operating margin also fell 1.5 percentage points as compensation and technology costs rose. (Morningstar)
Morningstar Wealth remained under pressure: revenue fell 4.3% and reported AUMA declined 8.5% year on year. Even excluding the effect of its retired Morningstar Office product, organic revenue was down 2.1%. (Morningstar)
Debt stood at $1.7 billion at the end of September, up from $1.1 billion at year-end 2025, while third-quarter free cash flow fell 2.9%. Higher debt and weaker quarterly cash generation could limit financial flexibility. (Morningstar)
Data summarised monthly by Lightyear AI. Last updated on 29 Oct 2026.
Morningstar Financial Performance
Revenues and expenses
Morningstar Earnings Performance
Company profitability
Upcoming events
No upcoming events
Morningstar News
AllArticlesVideos
Active ETF Inflows Hit Record $576 Billion Through September
ETF Trends3 weeks ago
Advisors Adopt AI Fast, but Still Aren't Getting Their Time Back, Says 2026 Morningstar Investor Perspectives Advisor Study
Business Wire4 weeks ago
Morningstar Announces New Global Headquarters at Chicago's Thompson Center and $5 Million Community Investment Donation
Business Wire1 month ago
Funds containing Morningstar
AllUSDEURGBP
Fund name | Fund size | $MORN weighting |
|---|---|---|
SPDR S&P 400 US Mid Cap$SPY4 | $6.4B | 0.12% |
SPDR S&P 400 US Mid Cap£SPX4 | $6.4B | 0.12% |
iShares MSCI USA Small Cap ESG Enhanced CTB€SXRG | $3.2B | 0.05% |
iShares MSCI USA Small Cap CTB Enhanced ESG£CUS1 | $3.2B | 0.05% |
SPDR MSCI USA Small Cap Value Weighted$USSC | $1.1B | 0.04% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.