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Morningstar, Inc.(MORN)Earnings, Financials & Key Ratios
MORN•NASDAQ•Banking & Credit
$167.66
$6.38B mkt cap·18.9× P/E·Price updated May 6, 2026
SectorFinancial ServicesIndustryFinancial Data & ExchangesSub-IndustryMarket Data, Analytics and Research
AboutMorningstar, Inc. provides independent investment research services in North America, Europe, Australia, and Asia. The company offers web-based tools; investment data, fundamental equity and manager research, private capital markets research, credit and fund rating, and index, as well as environmental, social, and governance (ESG) rating services; and investment offerings, including managed investment products, publicly listed and private companies, fixed income securities, and real-time global market data for financial advisors, asset managers, retirement plan providers and sponsors, and individual and institutional investors. It also provides Morningstar Data, an investment data spanning various databases, including equity fundamentals, managed investments, ESG factors, and market data; Morningstar Direct, an investment-analysis platform; Morningstar Managed Portfolios, an advisor service consisting of model portfolio that offers services for independent financial advisors, as well as offers asset allocation services for asset managers, broker/dealers, and insurance providers; Morningstar Advisor Workstation, a web-based research, financial planning, and proposal generation platform; and Morningstar.com, a website for individual investors. In addition, the company offers Morningstar Enterprise Components; Morningstar Credit Ratings that provides issuance and surveillance services for structured finance products and instruments; corporate credit estimates and operational risk assessment rankings; Morningstar Indexes for creating investment products; Morningstar workplace solutions, such as retirement accounts, fiduciary services, allocation funds, and custom models; and PitchBook Platform, research and analysis workstation for investment and research professionals. Further, its PitchBook provides a mobile application, excel plug-in, data feeds, and data solutions. The company was incorporated in 1984 and is headquartered in Chicago, Illinois.Show more
- Net Interest Income-$29M+24.1%
- Total Revenue$2.45B+7.5%
- Net Income$374M+1.2%
- Return on Equity26.35%+4.9%
- Net Interest Margin-0.8%+25.0%
- Efficiency Ratio39.5%+0.5%
- ROA10.48%-1.5%
- Equity / Assets34.03%-25.4%
- Book Value per Share28.95-22.9%
- Tangible BV/Share-18.20-122.8%
- Debt/Equity1.15+106.3%
MORN Key Insights
Morningstar, Inc. (MORN) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Excellent 3Y average ROE of 20.9%
- ✓Efficient operations: 39.5% efficiency ratio
- ✓12 consecutive years of dividend growth
- ✓Well capitalized: 34.0% equity/assets
- ✓Share count reduced 2.1% through buybacks
- ✓Diversified revenue: 99.5% from non-interest income
✗Weaknesses
- ✗Weak NIM of -0.8%
- ✗Weak momentum: RS Rating 20 (bottom 20%)
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
MORN Price & Volume
Morningstar, Inc. (MORN) stock price & volume — 10-year historical chart
Loading chart...
MORN Growth Metrics
Morningstar, Inc. (MORN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years11.98%
5 Years11.97%
3 Years9.34%
TTM-
Profit CAGR
10 Years10.93%
5 Years10.85%
3 Years74.44%
TTM4.84%
EPS CAGR
10 Years11.45%
5 Years11.36%
3 Years75.53%
TTM10.34%
Return on Capital
10 Years14.79%
5 Years13.63%
3 Years16.2%
Last Year20.58%
MORN Recent Earnings
Morningstar, Inc. (MORN) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 6/12 qtrs (86%)●Beat Revenue 3/12 qtrs (38%)
Q2 2026Latest
Apr 29, 2026EPS
$3.18
Est $2.41
+32.0%
Revenue
$645M
Est $627M
+2.9%
Q1 2026
Feb 12, 2026EPS
$2.71
Est $2.36
+14.8%
Revenue
$641M
Est $634M
+1.1%
Q4 2025
Oct 29, 2025EPS
$2.55
Est $2.34
+9.0%
Revenue
$617M
Est $634M
-2.7%
Q3 2025
Jul 30, 2025EPS
$2.40
Est $2.21
+8.6%
Revenue
$605M
Est $606M
-0.1%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 29, 2026 | $3.18vs $2.41+32.0% | $645Mvs $627M+2.9% |
| Q1 2026 | Feb 12, 2026 | $2.71vs $2.36+14.8% | $641Mvs $634M+1.1% |
| Q4 2025 | Oct 29, 2025 | $2.55vs $2.34+9.0% | $617Mvs $634M-2.7% |
| Q3 2025 | Jul 30, 2025 | $2.40vs $2.21+8.6% | $605Mvs $606M-0.1% |
Based on last 12 quarters of dataView full earnings history →
MORN Peer Comparison
Morningstar, Inc. (MORN) competitors in Market Data, Analytics and Research — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 MSCI | 42.38B | 582.14 | 37.41 | 9.74% | ||||
 SPGI | 125.38B | 423.57 | 28.89 | 7.94% | 12.92% | 0.39 | ||
 MCO | 79.54B | 448.64 | 32.82 | 8.89% | 64.11% | 1.75 | ||
 FDS | 9.11B | 211.79 | 13.62 | 5.39% | 27.66% | 0.71 | ||
 ICE | 86.89B | 153.40 | 26.59 | 7.46% | 11.57% | 0.70 | ||
 LSE | 84.14M | 4.99 | 10.39 | -5.49% | 10.65% | 34.64% | 0.05 | |
 VRSK | 22.39B | 170.89 | 26.33 | 6.63% | 29.34% | 437.95% | 16.26 | |
 TRI | 40.01B | 91.75 | 26.99 | 4.81% | 19.91% | 12.67% | 0.18 |
Compare MORN vs Peers
Morningstar, Inc. (MORN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MORN Income Statement
Morningstar, Inc. (MORN) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income | -3.6M | 500K | -6.3M | -9.5M | -7M | -26.7M | -42.7M | -37.7M | -28.6M | -36.9M |
| NII Growth % | -1300% | 113.89% | -1360% | -50.79% | 26.32% | -281.43% | -59.93% | 11.71% | 24.14% | -129.91% |
| Net Interest Margin % | -0.26% | 0.03% | -0.27% | -0.35% | -0.24% | -0.77% | -1.25% | -1.06% | -0.8% | -0.93% |
| Interest Income | 1.9M | 2.3M | 2.4M | 1.6M | 1.7M | 1.7M | 9M | 12.2M | 11.4M | 9.8M |
| Interest Expense | 5.5M | 1.8M | 8.7M | 11.1M | 8.7M | 28.4M | 51.7M | 49.9M | 40M | 46.7M |
| Loan Loss Provision | 381.1M | 409.3M | 474.4M | 545.3M | 689.7M | 750.9M | 791.8M | 845.8M | 912.9M | 913.7M |
| Non-Interest Income | 909.8M | 1.02B | 1.18B | 1.39B | 1.7B | 1.87B | 2.03B | 2.26B | 2.43B | 2.5B |
| Non-Interest Income % | 99.79% | 99.77% | 99.8% | 99.88% | 99.9% | 99.91% | 99.56% | 99.46% | 99.53% | 99.61% |
| Total Revenue | 911.7M▲ 0% | 1.02B▲ 11.9% | 1.18B▲ 15.6% | 1.39B▲ 17.9% | 1.7B▲ 22.3% | 1.87B▲ 10.1% | 2.04B▲ 9.0% | 2.28B▲ 11.6% | 2.45B▲ 7.5% | 2.51B▲ 0% |
| Revenue Growth % | 14.16% | 11.87% | 15.6% | 17.85% | 22.3% | 10.08% | 8.98% | 11.6% | 7.49% | 33.52% |
| Non-Interest Expense | 355.3M | 393M | 506.3M | 617.9M | 743.9M | 923.5M | 964.5M | 894.6M | 966M | 979.6M |
| Efficiency Ratio | 38.97% | 38.53% | 42.94% | 44.47% | 43.78% | 49.37% | 47.31% | 39.32% | 39.5% | 39.05% |
| Operating Income | 169.8M▲ 0% | 215.8M▲ 27.1% | 189.6M▼ 12.1% | 215.2M▲ 13.5% | 257M▲ 19.4% | 167.8M▼ 34.7% | 230.6M▲ 37.4% | 484.8M▲ 110.2% | 526.6M▲ 8.6% | 568.4M▲ 0% |
| Operating Margin % | 18.62% | 21.16% | 16.08% | 15.49% | 15.12% | 8.97% | 11.31% | 21.31% | 21.53% | 22.66% |
| Operating Income Growth % | -6.08% | 27.09% | -12.14% | 13.5% | 19.42% | -34.71% | 37.43% | 110.23% | 8.62% | - |
| Pretax Income | 179.8M▲ 0% | 230.8M▲ 28.4% | 197.6M▼ 14.4% | 283.3M▲ 43.4% | 255.9M▼ 9.7% | 127M▼ 50.4% | 174.1M▲ 37.1% | 473.9M▲ 172.2% | 495.7M▲ 4.6% | 531.5M▲ 0% |
| Pretax Margin % | 19.72% | 22.63% | 16.76% | 20.39% | 15.06% | 6.79% | 8.54% | 20.83% | 20.27% | 21.19% |
| Income Tax | 42.9M | 47.8M | 45.6M | 59.7M | 62.6M | 56.5M | 33M | 104M | 121.5M | 128.7M |
| Effective Tax Rate % | 23.86% | 20.71% | 23.08% | 21.07% | 24.46% | 44.49% | 18.95% | 21.95% | 24.51% | 24.21% |
| Net Income | 136.9M▲ 0% | 183M▲ 33.7% | 152M▼ 16.9% | 223.6M▲ 47.1% | 193.3M▼ 13.6% | 70.5M▼ 63.5% | 141.1M▲ 100.1% | 369.9M▲ 162.2% | 374.2M▲ 1.2% | 402.8M▲ 0% |
| Net Margin % | 15.02% | 17.94% | 12.89% | 16.09% | 11.38% | 3.77% | 6.92% | 16.26% | 15.3% | 16.06% |
| Net Income Growth % | -14.97% | 33.67% | -16.94% | 47.11% | -13.55% | -63.53% | 100.14% | 162.15% | 1.16% | 4.84% |
| Net Income (Continuing) | 136.9M | 183M | 152M | 223.6M | 193.3M | 70.5M | 141.1M | 369.9M | 374.2M | 402.8M |
| EPS (Diluted) | 3.18▲ 0% | 4.26▲ 34.0% | 3.52▼ 17.4% | 5.18▲ 47.2% | 4.45▼ 14.1% | 1.64▼ 63.1% | 3.29▲ 100.6% | 8.58▲ 160.8% | 8.87▲ 3.4% | 10.25▲ 0% |
| EPS Growth % | -14.52% | 33.96% | -17.37% | 47.16% | -14.09% | -63.15% | 100.61% | 160.79% | 3.38% | 10.34% |
| EPS (Basic) | 3.21 | 4.30 | 3.56 | 5.22 | 4.50 | 1.65 | 3.31 | 8.64 | 8.93 | - |
| Diluted Shares Outstanding | 43M | 43M | 43.2M | 43.2M | 43.4M | 42.9M | 42.9M | 43.1M | 42.2M | 39.3M |
MORN Balance Sheet
Morningstar, Inc. (MORN) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 353.3M | 395.9M | 367.5M | 464.2M | 546.1M | 414.6M | 389M | 551M | 528.7M | 2.08B |
| Cash & Due from Banks | 308.2M | 369.3M | 334.1M | 422.5M | 483.8M | 376.6M | 337.9M | 502.7M | 474.5M | 492.8M |
| Short Term Investments | 45.1M | 26.6M | 33.4M | 41.7M | 62.3M | 38M | 51.1M | 48.3M | 54.2M | 0 |
| Total Investments | 107.1M | 89.7M | 93M | 74.3M | 125.6M | 134M | 151.3M | 133.6M | 104.5M | 50.3M |
| Investments Growth % | 25.7% | -16.25% | 3.68% | -20.11% | 69.04% | 6.69% | 12.91% | -11.7% | -21.78% | -124.41% |
| Long-Term Investments | 62M | 63.1M | 59.6M | 32.6M | 63.3M | 96M | 100.2M | 85.3M | 50.3M | 249.6M |
| Accounts Receivables | 148.2M | 172.2M | 188.5M | 205.1M | 268.9M | 307.9M | 343.9M | 358.1M | 390.4M | 402.6M |
| Goodwill & Intangibles | 660.3M | 630.6M | 1.37B | 1.59B | 1.54B | 2.12B | 2.06B | 1.97B | 1.99B | 2.34B |
| Goodwill | 564.9M | 556.7M | 1.04B | 1.21B | 1.21B | 1.57B | 1.58B | 1.56B | 1.61B | 1.75B |
| Intangible Assets | 95.4M | 73.9M | 333.4M | 380.1M | 328.2M | 548.6M | 484.4M | 408.8M | 379.3M | 591.4M |
| PP&E (Net) | 147.4M | 143.5M | 299.5M | 302.8M | 321M | 391M | 371.6M | 400.1M | 390.9M | 400.8M |
| Other Assets | 6.2M | 15M | 25.4M | 32.9M | 42.8M | 45.9M | 38.1M | 35.4M | 42.2M | 47.3M |
| Total Current Assets | 529.8M | 601.6M | 603.2M | 730M | 887.6M | 810.8M | 815.7M | 1.01B | 1.04B | 1.06B |
| Total Non-Current Assets | 875.9M | 852.2M | 1.77B | 1.97B | 1.98B | 2.66B | 2.59B | 2.53B | 2.55B | 2.92B |
| Total Assets | 1.41B▲ 0% | 1.45B▲ 3.4% | 2.37B▲ 63.1% | 2.7B▲ 13.7% | 2.86B▲ 6.2% | 3.47B▲ 21.4% | 3.4B▼ 2.1% | 3.55B▲ 4.3% | 3.59B▲ 1.2% | 3.99B▲ 0% |
| Asset Growth % | 4.06% | 3.42% | 63.08% | 13.71% | 6.18% | 21.38% | -2.05% | 4.28% | 1.16% | 18.74% |
| Return on Assets (ROA) | 9.93% | 12.8% | 7.95% | 8.83% | 6.95% | 2.22% | 4.1% | 10.64% | 10.48% | 10.91% |
| Accounts Payable | 49.2M | 54.4M | 0 | 0 | 76.5M | 76.2M | 78.4M | 87.3M | 97.9M | 104.6M |
| Total Debt | 180M | 70M | 687.6M | 626.7M | 531.5M | 1.32B | 1.16B | 904M | 1.41B | 1.91B |
| Net Debt | -128.2M | -299.3M | 353.5M | 204.2M | 47.7M | 947M | 822.3M | 401.3M | 933.3M | 1.41B |
| Long-Term Debt | 180M | 70M | 502.1M | 449.1M | 359.4M | 1.08B | 940.3M | 698.6M | 1.22B | 1.85B |
| Short-Term Debt | 0 | 0 | 11M | 0 | 0 | 32.1M | 32.1M | 0 | 0 | 60.9M |
| Other Liabilities | 59.8M | 49.9M | 23.5M | 68.9M | 30.1M | 34.6M | 41.2M | 44.1M | -99.2M | 69.8M |
| Total Current Liabilities | 323.2M | 362.8M | 495.8M | 626.5M | 783.5M | 882.5M | 880.8M | 967.3M | 1.05B | 1.03B |
| Total Non-Current Liabilities | 277.6M | 156.3M | 791.5M | 798.1M | 663.3M | 1.39B | 1.19B | 963M | 1.31B | 1.94B |
| Total Liabilities | 600.8M | 519.1M | 1.29B | 1.42B | 1.45B | 2.27B | 2.08B | 1.93B | 2.37B | 2.97B |
| Total Equity | 804.9M▲ 0% | 934.7M▲ 16.1% | 1.08B▲ 15.9% | 1.27B▲ 17.3% | 1.42B▲ 11.4% | 1.21B▼ 14.7% | 1.33B▲ 10.0% | 1.62B▲ 21.9% | 1.22B▼ 24.5% | 1.02B▲ 0% |
| Equity Growth % | 15.51% | 16.13% | 15.93% | 17.33% | 11.37% | -14.75% | 10% | 21.9% | -24.51% | -51.9% |
| Equity / Assets (Capital Ratio) | 57.26% | 64.29% | 45.7% | 47.16% | 49.46% | 34.74% | 39.01% | 45.61% | 34.03% | 25.56% |
| Return on Equity (ROE) | 18.23% | 21.04% | 15.06% | 18.99% | 14.39% | 5.38% | 11.13% | 25.11% | 26.35% | 30.01% |
| Book Value per Share | 18.72 | 21.74 | 25.08 | 29.43 | 32.62 | 28.14 | 30.95 | 37.55 | 28.95 | 25.92 |
| Tangible BV per Share | 3.36 | 7.07 | -6.69 | -7.26 | -2.75 | -21.29 | -17.14 | -8.17 | -18.20 | -33.59 |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Additional Paid-in Capital | 601M | 621.7M | 655M | 671.3M | 689M | 757.8M | 789M | 822.7M | 869.5M | 0 |
| Retained Earnings | 958.7M | 1.11B | 1.22B | 1.39B | 1.53B | 1.53B | 1.61B | 1.91B | 2.21B | 2.29B |
| Accumulated OCI | -46.6M | -75M | -60.6M | -22M | -35.3M | -99M | -86.5M | -119.4M | -68.1M | 0 |
| Treasury Stock | -708.2M | -726.8M | -728.7M | -767.3M | -764.3M | -986.7M | -985.5M | -993.9M | -1.79B | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
MORN Cash Flow Statement
Morningstar, Inc. (MORN) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 250.1M | 314.8M | 334.4M | 384.3M | 449.9M | 297.8M | 316.4M | 591.6M | 589.7M | 589.7M |
| Operating CF Growth % | 17.03% | 25.87% | 6.23% | 14.92% | 17.07% | -33.81% | 6.25% | 86.98% | -0.32% | 0.35% |
| Net Income | 136.9M | 183M | 152M | 223.6M | 193.3M | 70.5M | 141.1M | 369.9M | 374.2M | 402.8M |
| Depreciation & Amortization | 91.2M | 96.7M | 117.7M | 139.5M | 150.7M | 166.6M | 184.9M | 190.4M | 189.9M | 98.5M |
| Deferred Taxes | -14.1M | -1.1M | -6M | -6.7M | -12.1M | -37.3M | -32.4M | -34.8M | -42.2M | -34.2M |
| Other Non-Cash Items | -11.3M | -14M | -15.2M | -47.6M | 12.5M | 26.8M | -58.1M | -81.4M | 38.9M | 32.9M |
| Working Capital Changes | 23.3M | 18.5M | 41.5M | 38.9M | 63.6M | -12M | 28.1M | 92.8M | 28.9M | 69.9M |
| Cash from Investing | -60.8M | -49.9M | -746.3M | -123.8M | -167.7M | -799.3M | -81.9M | -21.3M | -139.3M | -453M |
| Purchase of Investments | -59.7M | -43.1M | -37.7M | -56.4M | -100.9M | -36.5M | -3.7M | -16M | -26.3M | -16.6M |
| Sale/Maturity of Investments | 42.2M | 51.2M | 35.8M | 46.9M | 58.8M | 43M | 31.1M | 27.1M | 45.5M | 38.8M |
| Net Investment Activity | -17.5M | 8.1M | -1.9M | -9.5M | -42.1M | 6.5M | 27.4M | 11.1M | 19.2M | 22.2M |
| Acquisitions | 22.7M | 18M | -664.3M | -39.3M | -54.6M | -676.1M | -800K | 52.4M | -39M | -360.9M |
| Other Investing | 600K | 100K | -100K | 1.7M | 30.8M | -200K | 10.6M | 57.9M | 27.6M | 38.5M |
| Cash from Financing | -157.5M | -188.8M | 373.7M | -182.2M | -211.8M | 415.1M | -278.4M | -384.4M | -514.7M | -173.7M |
| Dividends Paid | -39.3M | -42.6M | -47.8M | -51.4M | -54.2M | -61.5M | -63.9M | -69.3M | -76.9M | -77.3M |
| Share Repurchases | -42.3M | -20.9M | -4.9M | -41.9M | -1.3M | -226M | -1.4M | -11.6M | -787M | -977.4M |
| Stock Issued | 0 | 0 | 0 | 0 | 200K | 0 | 0 | 0 | 0 | 0 |
| Net Stock Activity | -42.3M | -20.9M | -4.9M | -41.9M | -1.1M | -226M | -1.4M | -11.6M | -787M | -977.4M |
| Debt Issuance (Net) | -1000K | -1000K | 1000K | -1000K | -1000K | 1000K | -1000K | -1000K | 1000K | 3M |
| Other Financing | -5.9M | -15.3M | -18M | -25.5M | -66.5M | -48.3M | -75.6M | -29.1M | -25.8M | 311M |
| Net Change in Cash | 49.1M▲ 0% | 61.1M▲ 24.4% | -35.2M▼ 157.6% | 88.4M▲ 351.1% | 61.3M▼ 30.7% | -107.2M▼ 274.9% | -38.7M▲ 63.9% | 164.8M▲ 525.8% | -28.2M▼ 117.1% | -18.7M▲ 0% |
| Exchange Rate Effect | 17.3M | -15M | 3M | 10.1M | -9.1M | -20.8M | 5.2M | -21.1M | 36.1M | 17.8M |
| Cash at Beginning | 259.1M | 308.2M | 369.3M | 334.1M | 422.5M | 483.8M | 376.6M | 337.9M | 502.7M | 474.5M |
| Cash at End | 308.2M | 369.3M | 334.1M | 422.5M | 483.8M | 376.6M | 337.9M | 502.7M | 474.5M | 492.8M |
| Interest Paid | 5.4M | 3.7M | 11M | 11.1M | 10.4M | 28.4M | 58.4M | 47.4M | 0 | 17.9M |
| Income Taxes Paid | 47.1M | 67M | 63.3M | 58.2M | 80.9M | 75.3M | 73.2M | 115.6M | 0 | 119.8M |
| Free Cash Flow | 183.5M▲ 0% | 238.7M▲ 30.1% | 254.4M▲ 6.6% | 307.6M▲ 20.9% | 348.1M▲ 13.2% | 168.3M▼ 51.7% | 197.3M▲ 17.2% | 448.9M▲ 127.5% | 442.6M▼ 1.4% | 437.4M▲ 0% |
| FCF Growth % | 21.6% | 30.08% | 6.58% | 20.91% | 13.17% | -51.65% | 17.23% | 127.52% | -1.4% | -2.41% |
MORN Banking Ratios
Morningstar, Inc. (MORN) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 18.23% | 21.04% | 15.06% | 18.99% | 14.39% | 5.38% | 11.13% | 25.11% | 26.35% | 30.01% |
| Return on Assets (ROA) | 9.93% | 12.8% | 7.95% | 8.83% | 6.95% | 2.22% | 4.1% | 10.64% | 10.48% | 10.91% |
| Net Interest Margin | -0.26% | 0.03% | -0.27% | -0.35% | -0.24% | -0.77% | -1.25% | -1.06% | -0.8% | -0.93% |
| Efficiency Ratio | 38.97% | 38.53% | 42.94% | 44.47% | 43.78% | 49.37% | 47.31% | 39.32% | 39.5% | 39.05% |
| Equity / Assets | 57.26% | 64.29% | 45.7% | 47.16% | 49.46% | 34.74% | 39.01% | 45.61% | 34.03% | 25.56% |
| Book Value / Share | 18.72 | 21.74 | 25.08 | 29.43 | 32.62 | 28.14 | 30.95 | 37.55 | 28.95 | 25.92 |
| NII Growth | -1300% | 113.89% | -1360% | -50.79% | 26.32% | -281.43% | -59.93% | 11.71% | 24.14% | -16.77% |
| Dividend Payout | 28.71% | 23.28% | 31.45% | 22.99% | 28.04% | 87.23% | 45.29% | 18.73% | 20.55% | 14.25% |
MORN SEC Filings & Documents
Morningstar, Inc. (MORN) SEC filings — annual & quarterly reports (10-K, 10-Q)
MORN Frequently Asked Questions
Morningstar, Inc. (MORN) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Morningstar, Inc. (MORN) grew revenue by 7.5% over the past year. This is steady growth.
Yes, Morningstar, Inc. (MORN) is profitable, generating $402.8M in net income for fiscal year 2025 (15.3% net margin).
Dividend & Returns
Yes, Morningstar, Inc. (MORN) pays a dividend with a yield of 1.09%. This makes it attractive for income-focused investors.
Morningstar, Inc. (MORN) has a return on equity (ROE) of 26.3%. This is excellent, indicating efficient use of shareholder capital.
Industry Metrics
Morningstar, Inc. (MORN) has a net interest margin (NIM) of -0.8%. NIM has been under pressure due to interest rate environment.
Morningstar, Inc. (MORN) has an efficiency ratio of 39.5%. This is excellent, indicating strong cost control.
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