Morningstar, Inc. logo MORN - Morningstar, Inc.

NEXT EARNINGS: Apr 29, 2026 EPS Est: $2.65 | Rev Est: $625.6M
Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 2
HOLD 4
SELL 0
STRONG
SELL
0
| PRICE TARGET: $236.50 DETAILS
HIGH: $280.00
LOW: $193.00
MEDIAN: $236.50
CONSENSUS: $236.50
UPSIDE: 45.15%
Market Cap: 6.70B
Volume: 618,280
Avg Volume: 498,396
52 Week Range: 149.08-325.62
Sector: Financial Services
Industry: Financial - Data & Stock Exchanges
Beta: 1.08
Last Dividend: $1.86
Exchange: NASDAQ
Country: US
Employees: 11,115
IPO Date: 2005-05-03
EPS (TTM): 8.93
P/E Ratio: 24.33
Revenue (TTM): 2.45B
Total Assets: 3.59B
Total Debt: 1.41B
Cash & Equiv: 474.50M
Rev Growth (5Y): 12.0%
EPS Growth (5Y): 11.3%
FCF Growth (5Y): 7.5%
ROCE: 21.2%
Debt/Equity: 1.15

Earnings History

Date EPS Actual EPS Est EPS Surprise Rev Actual Rev Est Rev Surprise
2026-02-12 $2.71 $2.51 +8.0% $641.1M $616.1M +4.1%
2025-10-29 $2.55 $2.34 +9.0% $617.4M $634.4M -2.7%
2025-07-30 $2.40 $2.21 +8.6% $605.1M $605.8M -0.1%
2025-04-30 $2.23 $2.06 +8.3% $581.9M $585.8M -0.7%
2025-02-26 $2.14 $2.06 +3.9% $591.0M $580.8M +1.7%
2024-10-23 $2.00 $2.01 -0.5% $569.4M $576.6M -1.2%
2024-07-24 $2.01 $570.5M
2024-04-24 $1.73 $544.0M $2.3B -76.4%

Track Record

Statements >
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue 2.45B 2.28B 2.04B 1.87B 1.70B 1.39B 1.18B 1.02B 911.70M 798.60M 788.80M 760.10M
Net Income 374.20M 369.90M 141.10M 70.50M 193.30M 223.60M 152.00M 183.00M 136.90M 161.00M 132.60M 78.30M
EPS 8.93 8.64 3.31 1.65 4.50 5.22 3.56 4.30 3.21 3.74 3.00 1.75
Total Assets 3.59B 3.55B 3.40B 3.47B 2.86B 2.70B 2.37B 1.45B 1.41B 1.35B 1.03B 1.02B
Total Debt 1.41B 904.00M 1.16B 1.32B 531.50M 626.70M 687.60M 70.00M 180.00M 250.00M 35.00M 30.00M
Cash & Equivalents 474.50M 502.70M 337.90M 376.60M 483.80M 422.50M 334.10M 369.30M 308.20M 259.10M 207.10M 185.15M
Operating Cash Flow 589.70M 591.60M 316.40M 297.80M 449.90M 384.30M 334.40M 314.80M 250.10M 213.70M 241.50M 132.22M
Free Cash Flow 442.60M 448.90M 197.30M 168.30M 348.10M 307.60M 254.40M 238.70M 183.50M 150.90M 184.20M 73.90M
FCF per Share 10.56 10.49 4.63 3.95 8.10 7.17 5.96 5.60 4.30 3.51 4.17 1.65
Book Value 1.22B 1.62B 1.33B 1.21B 1.42B 1.27B 1.08B 934.70M 804.90M 696.50M 640.30M 653.50M
Cash & ST Investments 528.70M 551.00M 389.00M 414.60M 546.10M 464.20M 367.50M 395.90M 353.30M 304.00M 248.60M 224.60M
ROC Equity 0.31 0.23 0.11 0.06 0.14 0.18 0.14 0.20 0.17 0.23 0.21 0.12