Morningstar/$MORN
1D1W1MYTD1Y5YMAX
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
$7.4B
18.70
$10.50
1.01
$1.96
1.02%
Price and volume
Market cap
$7.4B
Beta
1.01
52-week high
$238.04
52-week low
$141.49
Average daily volume
308K
Dividend rate
$1.96
Financial strength
Current ratio
1.056
Quick ratio
0.938
Long term debt to equity
1.802
Total debt to equity
1.861
Dividend payout ratio (TTM)
18.26%
Interest coverage (TTM)
10.51%
Profitability
EBITDA (TTM)
680.1
Gross margin (TTM)
62.24%
Net profit margin (TTM)
16.43%
Operating margin (TTM)
22.74%
Effective tax rate (TTM)
25.02%
Revenue per employee (TTM)
$230,000
Management effectiveness
Return on assets (TTM)
9.63%
Return on equity (TTM)
31.96%
Valuation
Price to earnings (TTM)
18.698
Price to revenue (TTM)
3.053
Price to book
7.2
Price to tangible book (TTM)
-5.71
Price to free cash flow (TTM)
15.065
Free cash flow yield (TTM)
6.64%
Free cash flow per share (TTM)
13.038
Dividend yield (TTM)
1.00%
Forward dividend yield
1.02%
Growth
Revenue change (TTM)
9.33%
Earnings per share change (TTM)
11.68%
3-year revenue growth (CAGR)
10.01%
10-year revenue growth (CAGR)
12.54%
3-year earnings per share growth (CAGR)
170.28%
10-year earnings per share growth (CAGR)
13.30%
3-year dividend per share growth (CAGR)
9.48%
10-year dividend per share growth (CAGR)
8.69%
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
Morningstar delivered 9.6% reported revenue growth to $663.2 million and a 22.7% increase in adjusted operating income in Q2 2026, reflecting robust demand across its Morningstar Direct, PitchBook, and Credit segments (stocktitan.net)
Free cash flow nearly doubled, rising 96.3% to $122.5 million in Q2 2026, and management repurchased $400 million of shares during the first half of 2026, underscoring strong cash generation and capital return discipline (stocktitan.net)
Morningstar is proactively revamping its index construction methodology ahead of SpaceX’s pending IPO, demonstrating agility and thought leadership in navigating unprecedented index composition challenges (investing.com)
Morningstar’s DBRS and Indexes operations face extensive regulatory obligations under EU Benchmarks Regulation and global credit-rating frameworks, which could increase compliance costs and operational complexity (sec.gov)
Growing sector-wide concerns about AI disruption have led Morningstar to downgrade moats on information services peers, reflecting investor anxiety that AI tools may undercut Morningstar’s pricing power and long-term growth (morningstar.com)
The effective tax rate rose to 26.2% in Q2 2026 from 22.8% in the prior-year period due to negative tax impacts from stock-based compensation vesting and deferred foreign earnings, putting pressure on net margins (newsroom.morningstar.com)
Data summarised monthly by Lightyear AI. Last updated on 5 Sept 2026.
Morningstar Financial Performance
Revenues and expenses
Morningstar Earnings Performance
Company profitability
Upcoming events
Morningstar News
AllArticlesVideos
Morningstar Completes Quarterly Reconstitution for Morningstar Market Indexes
Business Wire2 days ago
Morningstar, Inc. Declares Quarterly Dividend of 50 Cents Per Share
Business Wire7 days ago
Morningstar Survey: Asset Owners Increase U.S. and Private Market Exposure as AI Risks Rise
Business Wire1 week ago
Funds containing Morningstar
AllUSDGBPEUR
Fund name | Fund size | $MORN weighting |
|---|---|---|
SPDR S&P 400 US Mid Cap$SPY4 | $6.3B | 0.11% |
SPDR S&P 400 US Mid Cap£SPX4 | £4.7B | 0.11% |
iShares MSCI USA Small Cap ESG Enhanced CTB€SXRG | €2.8B | 0.05% |
iShares MSCI USA Small Cap CTB Enhanced ESG£CUS1 | £2.4B | 0.05% |
iShares MSCI World Small Cap$WSML | $9B | 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.