Morningstar, Inc. (MORN) Stock Price

MORNStock

$215.01−17.56%52W

Market Cap$8.07B

P/E19.74x

PEG Ratio2.31

Div yield0.54%

Beta1.02

MORN Share Price Chart

Favorite Metrics

Price vs S&P 500 (26W)22.39%

Price vs S&P 500 (4W)8.99%

PEG Ratio2.31

VGM Score53.62

P/E Ratio (Annual)19.74x

Indicated Dividend Yield (Annual)0.54%

P/CF (Annual)12.53x

Book Value / Share (Quarterly)$27.29

P/TBV (Annual)10.61x

Indicated Dividend (Annual)$2.00

Revenue Growth (3Y)9.34%

Cash Flow / Share (Quarterly)$13.26

Payout Ratio (TTM)18.26%

Price vs S&P 500 (YTD)-11.87%

Gross Margin (TTM)62.24%

Net Profit Margin (TTM)16.43%

EPS (TTM)$10.53

10-Day Avg Trading Volume0.30M

EPS Excl Extra (TTM)$10.53

Revenue Growth (5Y)11.97%

EPS (Annual)$8.87

Dividend / Share (Annual)$1.86

ROI (Annual)16.31%

Gross Margin (Annual)61.03%

Net Profit Margin (5Y Avg)10.73%

Cash / Share (Quarterly)$13.96

P/E Basic Excl Extra (TTM)17.52x

Revenue Growth QoQ (YoY)9.60%

EPS Growth (5Y)11.37%

P/E Normalized (Annual)19.74x

ROA (Last FY)10.42%

Revenue Growth TTM (YoY)9.33%

EBITD / Share (TTM)$19.99

ROE (5Y Avg)16.72%

Operating Margin (TTM)23.53%

Cash Flow / Share (Annual)$11.14

P/B Ratio7.22x

P/B Ratio (Quarterly)5.80x

Net Income / Employee (Annual)$34,100

EV / Revenue (TTM)3.36x

Net Interest Coverage (TTM)18.45x

ROA (TTM)11.18%

EPS Growth QoQ (YoY)35.11%

EV / EBITDA (TTM)10.72x

EPS Incl Extra (Annual)$8.87

Current Ratio (Annual)0.99x

Quick Ratio (Quarterly)1.00x

3-Month Avg Trading Volume0.47M

52-Week Price Return-17.56%

EV / Free Cash Flow (Annual)19.45x

P/E Incl Extra (TTM)17.52x

Revenue / Employee (TTM)$233,900

Tangible BV / Share (Quarterly)$12.12

P/S Ratio (Annual)3.02x

Asset Turnover (Annual)0.68x

52-Week High$266.05

Operating Margin (5Y Avg)16.05%

EPS Excl Extra (Annual)$8.87

CapEx CAGR (5Y)13.91%

Tangible BV CAGR (5Y)-1.12%

26-Week Price Return33.64%

Quick Ratio (Annual)0.95x

13-Week Price Return25.45%

Total Debt / Equity (Annual)0.88x

Current Ratio (Quarterly)1.06x

Enterprise Value$8.61B

Revenue / Share Growth (5Y)12.50%

Asset Turnover (TTM)0.68x

Book Value / Share Growth (5Y)0.74%

Revenue / Employee (Annual)$222,900

Pretax Margin (Annual)20.40%

Cash / Share (Annual)$13.30

3-Month Return Std Dev48.48%

Gross Margin (5Y Avg)59.50%

Net Income / Employee (TTM)$38,400

EBITDA CAGR (5Y)15.10%

EBITDA Interim CAGR (5Y)20.35%

ROE (Last FY)30.62%

Net Interest Coverage (Annual)13.08x

EPS Basic Excl Extra (Annual)$8.87

P/FCF (TTM)14.85x

Receivables Turnover (TTM)6.12x

EV / Free Cash Flow (TTM)17.31x

Total Debt / Equity (Quarterly)1.67x

EPS Incl Extra (TTM)$10.53

Receivables Turnover (Annual)5.94x

ROI (TTM)16.65%

Dividend Growth Rate (5Y)9.19%

P/S Ratio (TTM)2.88x

Pretax Margin (5Y Avg)14.52%

Revenue / Share (Annual)$57.95

Tangible BV / Share (Annual)$21.20

Forward P/E14.94x

Free OCF CAGR (5Y)7.55%

Price vs S&P 500 (52W)-35.87%

P/E Ratio (TTM)17.52x

EPS Growth TTM (YoY)12.01%

Year-to-Date Return0.09%

5-Day Price Return4.20%

EPS Normalized (Annual)$8.87

ROA (5Y Avg)6.75%

Net Profit Margin (Annual)15.30%

Month-to-Date Return12.95%

Cash Flow / Share (TTM)$6.08

EBITD / Share (Annual)$16.98

EPS Growth (3Y)75.39%

Operating Margin (Annual)21.53%

LT Debt / Equity (Annual)0.88x

P/CF (TTM)11.42x

ROI (5Y Avg)10.47%

P/E Excl Extra (TTM)17.52x

LT Debt / Equity (Quarterly)1.66x

EPS Basic Excl Extra (TTM)$10.53

P/TBV (Quarterly)13.05x

Payout Ratio (Annual)20.55%

P/B Ratio (Annual)7.31x

Dividend / Share (TTM)$1.93

Pretax Margin (TTM)21.93%

Book Value / Share (Annual)$30.75

Price vs S&P 500 (13W)22.66%

Net Margin Growth (5Y)-1.00%

Dividend Yield (TTM)1.04%

Beta1.02x

P/FCF (Annual)16.69x

Revenue / Share (TTM)$67.36

ROE (TTM)35.29%

52-Week Low$141.49

vGradeC

gGradeC

mGradeB

vgmGradeC

MORN Earnings Surprise History

Q2 252.40est. 2.19

Q3 252.55est. 2.42

Q4 252.71est. 2.36

Q1 263.18est. 2.66

Q2 263.10est. 2.83

MORN Analyst Recommendations

May 2026

Jun 2026

Jul 2026

Aug 2026

4.00

Industry Peers — Investment Advice(128)

Symbol	Value Score	Growth Score	Momentum Score	Price
MORNMorningstar, Inc.	C	C	B	$215.01
BXBlackstone Inc.	F	B	C	$143.41
KKRKKR & Co. Inc.	D	C	C	$107.58
BAMBrookfield Asset Management Ltd.	F	B	C	$52.50
APOApollo Global Management, Inc.	C	C	C	$133.18
AMPAmeriprise Financial, Inc.	C	C	B	$560.26
ARESAres Management Corporation Class A Common Stock	D	B	C	$142.76
OWLBlue Owl Capital Inc.	D	C	C	$11.79
TROWT Rowe Price Group Inc	B	D	B	$112.87
TPGTPG Inc. Class A Common Stock	D	B	C	$52.88
BENFranklin Templeton, Inc.	C	C	B	$35.03
CGThe Carlyle Group Inc. Common Stock	D	D	C	$48.92
PSPershing Square Inc.	—	A	B	$42.65
IVZInvesco LTD	B	C	B	$32.72
EVREvercore Inc.	C	C	F	$289.54
AMGAffiliated Managers Group	C	C	B	$365.28
HLIHoulihan Lokey, Inc.	C	D	F	$129.04
PJTPJT Partners Inc.	C	B	B	$174.61
VCTRVictory Capital Holdings, Inc. Class A Common Stock	C	B	A	$115.34
MAASMaase Inc. Class A Ordinary Shares	F	D	A	$15.01
STEPStepStone Group Inc. Class A Common Stock	D	B	D	$49.77
HLNEHamilton Lane Incorporated Class A Common Stock	D	B	C	$106.83
MCMOELIS & COMPANY	C	D	C	$68.01
FHIFederated Hermes, Inc.	B	C	B	$65.39
CNSCohen & Steers Inc.	D	D	B	$83.01
LAZLazard, Inc.	B	F	D	$43.79
ABAllianceBernstein Holding, L.P.	C	D	D	$36.62
AAMIAcadian Asset Management Inc.	F	D	A	$93.48
APAMARTISAN PARTNERS ASSET MANAGEMENT INC.	B	D	C	$43.64
DBRGDigitalBridge Group, Inc.	C	B	C	$15.97
LCLNLincoln International, Inc.	—	C	C	$23.77
BVCBitVentures Limited Ordinary Shares	F	D	B	$14.66
PAXPatria Investments Limited Class A Common Shares	C	C	D	$11.78
VRTSVirtus Investment Partners, Inc.	B	D	C	$166.26
RPCRidgepost Capital, Inc.	D	C	C	$8.82
ABXAbacus Global Management, Inc.	B	B	B	$9.88
GCMGGCM Grosvenor Inc. Class A Common Stock	D	C	B	$13.52
VINPVinci Compass Investments Ltd. Class A Common Shares	B	C	D	$9.64
ALTIAlTi Global, Inc. Class A Common Stock	C	B	C	$4.02
NOAHNoah Holdings Limited American Depositary Shares (each representing five (5) Ordinary shares)	B	D	F	$8.77
VALUValue Line Inc	D	F	C	$37.50
RILYBRC Group Holdings, Inc. Common Stock	A	C	D	$7.22
WHGWESTWOOD HOLDINGS GROUP, INC.	B	D	B	$19.66
SAMGSilvercrest Asset Management Group Inc.	B	F	F	$10.03
HNNAHennessy Advisors, Inc.	B	D	D	$9.92
GROWUS Global Investors Inc	C	B	B	$3.30
MLCIMount Logan Capital Inc. Common Stock	C	A	D	$3.27
ILLRTriller Group Inc. Common Stock	D	C	F	$0.83
ABXLAbacus Global Management, Inc. 9.875% Fixed Rate Senior Notes due 2028	B	B	B	$25.37
APOSApollo Global Management, Inc. 7.625% Fixed-Rate Resettable Junior Subordinated Notes due 2053	C	C	C	$25.64
APOpAApollo Global Management, Inc. 6.75% Series A Mandatory Convertible Preferred Stock	—	—	—	$0.00

About Morningstar, Inc.

Morningstar Inc provides independent investment data, research, and insights to financial advisers, asset managers, and investors across equities, fixed income, private markets, and managed products. Its flagship Morningstar Direct Platform generates the majority of revenue through comprehensive analytics and research tools. The company also operates specialized segments including PitchBook for private capital intelligence, Morningstar Credit for fixed income research, and wealth management solutions, with the bulk of revenue coming from the U.S. market.