Valuation: Morningstar, Inc.

Market Cap 7.85B 7.01B 6.51B 5.92B 11.14B 743B 11.34B 78.22B 30.6B 388B 29.46B 28.83B 1,241B P/E 2026 *
19.3x
P/E 2027 * 16.8x
Enterprise Value 8.87B 7.92B 7.36B 6.7B 12.6B 841B 12.83B 88.43B 34.6B 439B 33.3B 32.6B 1,403B EV / Sales 2026 *
3.34x
EV / Sales 2027 * 3.04x
Free-Float
34.28%
Yield 2026 *
0.96%
Yield 2027 * 1.05%

Last Transcript: Morningstar, Inc.

1 day+2.59%
1 week+3.21%
Current month+10.10%
1 month+3.72%
3 months+23.63%
6 months+16.59%
Current year-3.71%
1 week 201.56
Extreme 201.5585
210
1 month 182.39
Extreme 182.39
210
Current year 141.49
Extreme 141.49
221.22
1 year 141.49
Extreme 141.49
223.78
3 years 141.49
Extreme 141.49
365
5 years 141.49
Extreme 141.49
365
10 years 67.74
Extreme 67.74
365
Manager TitleAgeSince
Chief Executive Officer 50 2016-12-31
Director of Finance/CFO 46 2024-12-31
Chief Tech/Sci/R&D Officer 57 -
Director TitleAgeSince
Chairman 69 1984-05-15
Director/Board Member 72 2002-06-30
Director/Board Member 66 1998-12-31
Date Insider Type Main position Quantity % Market Cap. Importance
9/30/26 Others -657,779 1.7534%
9/22/26 Other 3,925,077 10.4631%
9/1/26 Tax

Chief Financial Officer

-54 0.0001%
Change 5-day change 1-year change 3-year change Capi.($)
+2.59%+3.21%-4.75%-7.20% 7.65B
+3.97%+5.48%-12.03%+16.80% 120B
+4.52%+5.45%+1.08%+52.39% 80.14B
+2.07%+5.99%-32.63%-12.76% 45.52B
+2.60%+2.39%+4.68%+12.64% 40.75B
+5.90%+10.92%-19.53%+2.85% 31.07B
+4.30%+13.43%-25.81%-32.90% 19.35B
+3.48%+5.39%-24.79%-2.01% 19B
+7.25%+10.80%-29.78%-9.62% 17.67B
+1.39%+3.96%+12.07%+61.59% 16.32B
Average +3.81%+6.41%-13.15%+8.18% 39.79B
Weighted average by Cap. +3.88%+6.02%-11.56%+15.96%

Financials

2026 *2027 *
Net sales 2.65B 2.37B 2.2B 2B 3.77B 251B 3.84B 26.45B 10.35B 131B 9.96B 9.75B 420B 2.81B 2.51B 2.33B 2.12B 3.99B 266B 4.06B 27.98B 10.95B 139B 10.54B 10.31B 444B
Net income 415M 371M 344M 313M 590M 39.33B 600M 4.14B 1.62B 20.52B 1.56B 1.53B 65.66B 463M 414M 384M 350M 658M 43.88B 670M 4.62B 1.81B 22.89B 1.74B 1.7B 73.26B
Net Debt 1.02B 915M 850M 773M 1.45B 97.06B 1.48B 10.21B 4B 50.64B 3.85B 3.76B 162B 685M 611M 568M 517M 972M 64.85B 990M 6.82B 2.67B 33.84B 2.57B 2.52B 108B
Projected Income Statement - Annual - Morningstar, Inc.
Logo Morningstar, Inc.
Morningstar, Inc. is a provider of independent investment insights. The Company's segments include Morningstar Direct Platform, PitchBook, Morningstar Credit, Morningstar Wealth, and Morningstar Retirement. The Morningstar Direct Platform provides investors with data, research and insights, and investment analysis to empower investment decision-making. The PitchBook provides investors with access to data, research, analytics, and artificial intelligence (AI) enabled software across private capital markets, including venture capital, private equity, private credit, bank loans, and mergers & acquisitions (M&A). Morningstar Credit provides investors with credit ratings, research, data, and credit analytics solutions. Morningstar Wealth provides investment products, investor tools, and an advisor platform powered by research and data. The Morningstar Retirement offers products designed to help individuals reach retirement goals.
Employees
10,973
Date Price Change Volume
26-10-15 US$209.24 +2.59% 216,707
26-10-14 US$203.96 -0.20% 170,811
26-10-13 US$204.37 +0.03% 155,225
26-10-12 US$204.30 -0.07% 188,193
26-10-09 US$204.45 +0.84% 229,609
Trader
Investor
Global
Quality
ESG MSCI
BBB
MarketScreener Ratings - Morningstar, Inc.
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
209.24USD
Average target price
239.00USD
Spread / Average Target
+14.22%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - Morningstar, Inc.
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