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
$7.1B
18.09
$10.50
1.01
$1.96
1.05%
Price and volume
Market cap
$7.1B
Beta
1.01
52-week high
$233.46
52-week low
$141.49
Average daily volume
299K
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)
18.091
Price to revenue (TTM)
2.954
Price to book
6.96
Price to tangible book (TTM)
-5.52
Price to free cash flow (TTM)
14.576
Free cash flow yield (TTM)
6.86%
Free cash flow per share (TTM)
13.038
Dividend yield (TTM)
1.03%
Forward dividend yield
1.05%
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
Second-quarter operating income rose 28.4% and adjusted EPS rose 29.2%, both well ahead of 9.6% revenue growth. Free cash flow nearly doubled to $122.5 million, showing stronger earnings conversion. (Morningstar)
Growth is coming from more than one area: Morningstar Credit revenue rose 23.4% and Retirement revenue grew 17.0% in the second quarter. Retirement assets under management also increased 9.0%, supported by positive net flows. (Morningstar)
The Perplexity integration puts Morningstar and PitchBook research into another AI-enabled discovery channel. If this draws more users to their proprietary data and research, it could widen distribution beyond their own platforms. (Morningstar)
Organic revenue grew 6.8% in the second quarter, below reported growth of 9.6%. The retirement of Morningstar Office and second-party opinions also weighed on organic growth, leaving a transition headwind to work through. (Morningstar)
PitchBook revenue grew only 4.9%, with venture-capital softness and elevated churn among corporate clients. Licensed user counts were flat, while its adjusted operating margin fell 1.4 percentage points to 30.3%. (Morningstar)
Debt rose to $1.7 billion at June-end from $1.1 billion at the end of 2025, while cash and investments were $523.8 million. Higher borrowing and interest costs could limit financial flexibility if growth or cash generation weakens. (Morningstar)
Data summarised monthly by Lightyear AI. Last updated on 2 Oct 2026.
Morningstar Financial Performance
Revenues and expenses
Morningstar Earnings Performance
Company profitability
Upcoming events
Morningstar News
AllArticlesVideos
Morningstar Announces New Global Headquarters at Chicago's Thompson Center and $5 Million Community Investment Donation
Business Wire2 days ago
Morningstar, Inc. to Announce Third-Quarter 2026 Financial Results on Oct. 28
Business Wire4 days ago
Morningstar Completes Quarterly Reconstitution for Morningstar Market Indexes
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.