MORNNasdaqInvestment AdviceFiscal year ends December 31
Morningstar, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 29, 2026
$205.66−1.71 (-0.82%)
Close on Oct 19, 2026
- Market cap
- $7.84B
- P/E (TTM)
- 23.2
- Dividend yield
- 0.88%
Morningstar statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Investment Advice companies for comparison
Valuation
| Measure | Morningstar | Industry median |
|---|---|---|
| Market Cap | $7.72B | $689.15M |
| Enterprise Value | $8.92B | $509.37M |
| PS Ratio | 3.01 | 3.16 |
| P/FCF Ratio | 15.51 | 12.40 |
| P/OCF Ratio | 11.93 | 12.04 |
Enterprise value
| Measure | Morningstar | Industry median |
|---|---|---|
| EV / Sales | 3.48 | 2.19 |
| EV / EBITDA | 11.11 | 14.83 |
| EV / EBIT | 14.78 | 18.34 |
| EV / FCF | 17.94 | 11.82 |
Income (trailing twelve months)
| Measure | Morningstar | Industry median |
|---|---|---|
| Revenue | $2.57B | $858.37M |
| Gross Profit | $1.60B | $692.31M |
| Operating Income | $603.90M | $7.74M |
| Pretax Income | $559.50M | $269.30M |
| EBITDA | $803.20M | $72.05M |
Margins
| Measure | Morningstar | Industry median |
|---|---|---|
| Gross Margin | 62.2% | 54.1% |
| Operating Margin | 23.5% | 18.8% |
| Pretax Margin | 21.8% | 22.3% |
| EBITDA Margin | 31.3% | 21.9% |
| FCF Margin | 19.4% | 20.4% |
Returns
| Measure | Morningstar | Industry median |
|---|---|---|
| Return on Capital Employed (ROCE) | 20.4% | 4.91% |
Growth
| Measure | Morningstar | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 9.33% | 15.2% |
| FCF Growth (YoY) | 27.6% | 8.53% |
| Revenue Growth (3Y CAGR) | 9.34% | 11.9% |
| Revenue Growth (5Y CAGR) | 12.0% | 9.48% |
| EPS Growth (3Y CAGR) | 75.5% | 11.0% |
| EPS Growth (5Y CAGR) | 11.4% | 8.95% |
Balance sheet
| Measure | Morningstar | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $523.80M | $64.64M |
| Total Debt | $1.73B | $187.43M |
| Net Cash (Debt) | -$1.21B | $39.27M |
| Net Cash Per Share | -$32.19 | $1.34 |
| Working Capital | $54.60M | $59.01M |
Financial position
| Measure | Morningstar | Industry median |
|---|---|---|
| Current Ratio | 1.06 | 1.64 |
| Quick Ratio | 0.92 | 0.74 |
| Debt / EBITDA | 2.16 | 0.77 |
| Debt / FCF | 3.48 | 0.62 |
| Net Debt / EBITDA | 1.50 | -0.50 |
Cash flow (trailing twelve months)
| Measure | Morningstar | Industry median |
|---|---|---|
| Operating Cash Flow | $646.90M | $11.08M |
| Capital Expenditures | -$149.40M | -$11.81M |
| Free Cash Flow | $497.50M | $313.40M |
| FCF Per Share | $13.26 | $1.71 |
Efficiency
| Measure | Morningstar | Industry median |
|---|---|---|
| Asset Turnover | 0.68 | 0.25 |
| Revenue Per Employee | $233.89K | $1.00M |
| Employee Count | 10,973 | 700 |
Dividends and yields
| Measure | Morningstar | Industry median |
|---|---|---|
| FCF Yield | 6.45% | 6.26% |
| Dividend Yield | 0.88% | 1.85% |
| Buyback Yield | 12.5% | 1.19% |
| Shareholder Yield | 13.4% | 1.82% |
| Dividend Per Share | $1.82 | $1.40 |
| Dividend Growth (YoY) | 12.3% | 5.80% |
| Years of Dividend Growth | 11 | 2 |
| FCF Payout Ratio | 15.5% | 28.5% |
Shares
| Measure | Morningstar | Industry median |
|---|---|---|
| Shares Outstanding | 37,513,600 | 41,100,900 |
| Shares Change (YoY) | -6.52% | 0.87% |
| Shares Change (QoQ) | -1.35% | 0.00% |
| Float | 18,723,300 | 27,062,500 |
| Shares Held by Insiders | 50.1% | 0.00% |
| Shares Held by Institutions | 64.6% | 36.9% |
Taxes
| Measure | Morningstar | Industry median |
|---|---|---|
| Income Tax | $140.70M | $39.89M |
| Effective Tax Rate | 25.1% | 21.6% |
Scores
| Measure | Morningstar | Industry median |
|---|---|---|
| Altman Z-Score | 3.60 | 9.82 |
| Beneish M-Score | -2.76 |
Calculated by StockData from Morningstar's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.