Morningstar, Inc. (MORN)

Nasdaq · Financial Services · Financial Data & Stock Exchanges

$189.16+3.06%as of Oct 6, 2026, 1:35 AM ET

Market cap
$7.1B
P/E (trailing)
18.0
Forward P/E
13.6
Dividend yield
1.1%
52-week range
$141.49 – $228.95
52-week change
−18.87%
EPS (trailing)
$10.51
Next earnings
Oct 28, 2026

Fiscal year to Dec 2025

Revenue
$2.4B (+7.49%)
Operating margin
21.5%
Diluted EPS
$8.87
Free cash flow
$443M

From the company’s annual report on SEC EDGAR.

About Morningstar, Inc.

Morningstar, Inc. provides independent investment insights for investors in the United States, Asia, Australia, Canada, Continental Europe, the United Kingdom, and internationally. It operates through five segments: Morningstar Direct Platform, PitchBook, Morningstar Credit, Morningstar Wealth, and Morningstar Retirement. The company offers managed investments, including mutual funds, exchanged traded funds, separate accounts, collective investment trusts, model portfolios, equities, and fixed-income securities; Morningstar Direct, an investment analysis and reporting application; and Morningstar Advisor Workstation, a suite of tools to provide advice to clients. It also provides PitchBook that offers data and research covering the private capital markets comprising venture capital, private equity and credit, bank loans, and merger and acquisition activities through the PitchBook platform; Morningstar Model Portfolios, an advisor service with model portfolios for fee-based financial advisors; Morningstar International Wealth Platform, which offers discretionary asset management services; and Morningstar Investor/Morningstar.com, an individual investor platform and media site.

Headquarters: Chicago, United States · 10,973 employees · morningstar.com