MORN
Morningstar, Inc.NASDAQFinancial Services$172.91+1.89%ClosedMarket Cap: $6.84B
As of 2026-04-06
Valuation
P/E (TTM)
18.29
PEG
15.73
P/B
5.73
P/S
2.80
EV/EBITDA
10.67
DCF Value
$275.62
FCF Yield
6.5%
Div Yield
1.1%
Margins & Returns
Gross Margin
61.0%
Operating Margin
21.5%
Net Margin
15.3%
ROE
25.1%
ROA
23.4%
ROIC
15.4%
Income Statement
| Period | Revenue | Gross Margin | Operating Income | Net Income | EPS | Dividend |
|---|---|---|---|---|---|---|
| Q4 2025 | $641.1M | 61.1% | $159.6M | $115.1M | $2.83 | $0.46 |
| FY 2025 | $2.45B | 61.0% | $526.6M | $374.2M | $8.87 | $1.82 |
| Q3 2025 | $617.4M | 60.9% | $127.8M | $91.6M | $2.17 | $0.46 |
| Q2 2025 | $605.1M | 61.9% | $125.1M | $89.0M | $2.09 | $0.46 |
| Q1 2025 | $581.9M | 60.2% | $114.1M | $78.5M | $1.82 | $0.46 |
| Q4 2024 | $591.0M | 60.7% | $168.2M | $116.9M | $2.71 | $0.41 |
| FY 2024 | $2.28B | 60.6% | $484.8M | $369.9M | $8.58 | $1.62 |
| Q3 2024 | $569.4M | 60.9% | $115.5M | $119.7M | $2.77 | $0.41 |
| Q2 2024 | $571.9M | 61.1% | $108.5M | $69.1M | $1.60 | $0.41 |
| Q1 2024 | $542.8M | 59.8% | $92.6M | $64.2M | $1.49 | $0.41 |
| Q4 2023 | $538.7M | 61.9% | $94.4M | $73.5M | $1.71 | $0.38 |
| FY 2023 | $2.04B | 58.6% | $230.6M | $141.1M | $3.29 | $1.50 |