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Visnia

MMorningstar, Inc.

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Morningstar, Inc.

  • Overview
  • Financial statements
  • Metrics
    • Revenue & profit
    • Revenue by segment
    • Launches
    • Revenue concentration
    • Margins
    • Contracted revenue
    • Off-balance-sheet commitments
    • Cash flow
    • Cash & debt
    • Earnings per share
    • P/E ratio
    • Share count & dilution
  • Quarterly earnings
  • Similar companies
  • History
  • Insider Transactions
Loading financial graphs

Metrics

Revenue & profit
Revenue by segment
Margins
Contracted revenue
Cash flow
Cash & debt
Earnings per share
Share count & dilution

Metrics

Compare sales with the profit left after direct costs and the profit left after all expenses and taxes.Formula: Gross profit = revenue − cost of revenue Net income = total income − total expenses
Q2 ’262017201820192020202120222023202420250200M400M600MLatest period Q2 '26. Revenue 663.2M. Gross profit 423.9M. Net profit 107.8M.
RevenueGross profitNet profit
See which business lines, products, or regions generate the company’s sales.Formula: Company revenue = Σ(segment revenues) + reconciliation adjustments
Q2 ’262017201820192020202120222023202420250200M400M600MLatest period Q2 '26. Corporate And Other 63.3M. Morningstar Credit 60.3M. Morningstar Data And Analytics 222.1M. Morningstar Retirement 37.9M. Morningstar Wealth 104.9M. Pitch Book 174.7M.
Asset BasedLicensed BasedTransaction BasedCorporate And OtherMorningstar CreditMorningstar Data And AnalyticsMorningstar RetirementMorningstar WealthPitch Book
See how much of each dollar of sales remains after direct costs, after running the business, and after all expenses and taxes.Formula: Gross margin = gross profit ÷ revenue × 100% Operating margin = operating income ÷ revenue × 100% Net margin = net income ÷ revenue × 100%
Q2 ’262017201820192020202120222023202420250%20%40%60%Latest period Q2 '26. Gross margin 63.9%. Operating margin 24.2%. Net profit margin 16.3%.
Gross marginOperating marginNet profit margin
Revenue the company expects from promised goods or services it still needs to deliver under customer contracts.
Q2 ’262017201820192020202120222023202420250500M1B1.5B
      Latest period Q2 '26. Remaining performance obligations 1.6B.
      Remaining performance obligations
      See the amounts the company has committed to pay that its balance sheet does not record yet: leases it has signed that have not started, unconditional purchase and other contractual commitments, and the most it could have to pay under guarantees and credit backstops. Amounts are as the filing reports them at each balance-sheet date.Formula: Commitments = leases not yet commenced + purchase & other commitments + maximum guarantee exposure
      Q4 ’1920172018201920212022202320242025202605M10M15M20M25M
          Latest period Q4 '19. Leases not yet commenced 16.7M.
          Leases not yet commencedPurchase & other commitmentsGuarantees & contingent commitments
          Compare cash generated by the business, spending on long-lived assets, and what remains afterward.Formula: Free cash flow = operating cash flow − capital expenditures
          $
          Q2 ’26201720182019202020212022202320242025050M100M150M200M
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            • Capex: purchases of property, plant and equipment
            Latest period Q2 '26. Operating cash flow 155.7M. Capex -33.2M. Free cash flow 122.5M.
            Operating cash flowCapexFree cash flow
            Compare the company’s cash cushion with its borrowings. Negative net cash means debt is greater than cash.Formula: Net cash = cash − debt
            20252017201820192020202120222023202420250200M400M600M800M1B
                Latest period 2025. Cash 474.5M. Debt 1.1B.
                CashDebtNet cash
                Profit for each share over the trailing 12 months, adjusted for stock splits.Formula: Earnings available to common shareholders ÷ weighted-average shares
                $/shareUsing split history cached 2026-09-23; assuming no new splits
                Q2 ’262017201820192020202120222023202420250.002.004.006.008.0010.0012.00
                  • Earnings period 2017-01-01 to 2017-03-31. Shares as of 2017-03-31: 42,930,624 source shares.
                  • Earnings period 2017-04-01 to 2017-06-30. Shares as of 2017-06-30: 42,656,167 source shares.
                  • Earnings period 2017-07-01 to 2017-09-30. Shares as of 2017-09-30: 42,529,709 source shares.
                  • Earnings period 2017-01-01 to 2017-12-31. Shares as of 2017-12-31: 42,547,707 source shares.
                  • Earnings period 2018-01-01 to 2018-03-31. Shares as of 2018-03-31: 42,534,228 source shares.
                  • Earnings period 2018-04-01 to 2018-06-30. Shares as of 2018-06-30: 42,636,066 source shares.
                  • Earnings period 2018-07-01 to 2018-09-30. Shares as of 2018-09-30: 42,670,728 source shares.
                  • Earnings period 2018-01-01 to 2018-12-31. Shares as of 2018-12-31: 46,624,118 source shares.
                  • Earnings period 2019-01-01 to 2019-03-31. Shares as of 2019-03-31: 42,655,713 source shares.
                  • Earnings period 2019-04-01 to 2019-06-30. Shares as of 2019-06-30: 42,763,022 source shares.
                  • Earnings period 2019-07-01 to 2019-09-30. Shares as of 2019-09-30: 42,809,867 source shares.
                  • Earnings period 2019-01-01 to 2019-12-31. Shares as of 2019-12-31: 42,848,359 source shares.
                  • Earnings period 2020-01-01 to 2020-03-31. Shares as of 2020-03-31: 42,793,123 source shares.
                  • Earnings period 2020-04-01 to 2020-06-30. Shares as of 2020-06-30: 42,921,183 source shares.
                  • Earnings period 2020-07-01 to 2020-09-30. Shares as of 2020-09-30: 42,848,921 source shares.
                  • Earnings period 2020-01-01 to 2020-12-31. Shares as of 2020-12-31: 42,898,158 source shares.
                  • Earnings period 2021-01-01 to 2021-03-31. Shares as of 2021-03-31: 42,945,984 source shares.
                  • Earnings period 2021-04-01 to 2021-06-30. Shares as of 2021-06-30: 43,066,571 source shares.
                  • Earnings period 2021-07-01 to 2021-09-30. Shares as of 2021-09-30: 43,099,193 source shares.
                  • Earnings period 2021-01-01 to 2021-12-31. Shares as of 2021-12-31: 43,136,273 source shares.
                  • Earnings period 2022-01-01 to 2022-03-31. Shares as of 2022-03-31: 42,767,652 source shares.
                  • Earnings period 2022-04-01 to 2022-06-30. Shares as of 2022-06-30: 42,492,188 source shares.
                  • Earnings period 2022-07-01 to 2022-09-30. Shares as of 2022-09-30: 42,472,580 source shares.
                  • Earnings period 2022-01-01 to 2022-12-31. Shares as of 2022-12-31: 42,480,051 source shares.
                  • Earnings period 2023-01-01 to 2023-03-31. Shares as of 2023-03-31: 42,550,943 source shares.
                  • Earnings period 2023-04-01 to 2023-06-30. Shares as of 2023-06-30: 42,653,561 source shares.
                  • Earnings period 2023-07-01 to 2023-09-30. Shares as of 2023-09-30: 42,699,798 source shares.
                  • Earnings period 2023-01-01 to 2023-12-31. Shares as of 2023-12-31: 42,728,182 source shares.
                  • Earnings period 2024-01-01 to 2024-03-31. Shares as of 2024-03-31: 42,745,570 source shares.
                  • Earnings period 2024-04-01 to 2024-06-30. Shares as of 2024-06-30: 42,838,572 source shares.
                  • Earnings period 2024-07-01 to 2024-09-30. Shares as of 2024-09-30: 42,884,181 source shares.
                  • Earnings period 2024-01-01 to 2024-12-31. Shares as of 2024-12-31: 42,869,380 source shares.
                  • Earnings period 2025-01-01 to 2025-03-31. Shares as of 2025-03-31: 42,501,250 source shares.
                  • Earnings period 2025-04-01 to 2025-06-30. Shares as of 2025-06-30: 42,176,959 source shares.
                  • Earnings period 2025-07-01 to 2025-09-30. Shares as of 2025-09-30: 41,506,582 source shares.
                  • Earnings period 2025-01-01 to 2025-12-31. Shares as of 2025-12-31: 39,740,881 source shares.
                  • Earnings period 2026-01-01 to 2026-03-31. Shares as of 2026-03-31: 38,027,605 source shares.
                  • Earnings period 2026-04-01 to 2026-06-30. Shares as of 2026-06-30: 37,513,530 source shares.
                  Latest period Q2 2026. EPS (TTM) 11.24.
                  EPS (TTM)
                  How much investors pay for each dollar of the company’s yearly earnings. It is not useful when the company has no profit.Formula: Share price ÷ trailing 12-month EPS
                  Using split history cached 2026-09-23; assuming no new splits
                  Security type not verifiedMissingSecurity type not verifiedMissingSecurity type not verifiedMissingSecurity type not verifiedMissingSecurity type not verifiedMissingSecurity type not verifiedMissingSecurity type not verifiedMissingSecurity type not verifiedMissingSecurity type not verifiedMissingSecurity type not verifiedMissingSecurity type not verifiedMissingSecurity type not verifiedMissingSecurity type not verifiedMissingSecurity type not verifiedMissingSecurity type not verifiedMissingSecurity type not verifiedMissingSecurity type not verifiedMissingSecurity type not verifiedMissingSecurity type not verifiedMissingSecurity type not verifiedMissingSecurity type not verifiedMissingSecurity type not verifiedMissingSecurity type not verifiedMissingSecurity type not verifiedMissingSecurity type not verifiedMissingSecurity type not verifiedMissingSecurity type not verifiedMissingSecurity type not verifiedMissingSecurity type not verifiedMissingSecurity type not verifiedMissingSecurity type not verifiedMissingSecurity type not verifiedMissingSecurity type not verifiedMissingSecurity type not verifiedMissingSecurity type not verifiedMissingSecurity type not verifiedMissingSecurity type not verifiedMissingSecurity type not verifiedMissingQ2 ’262017201820192020202120222023202420250x0.2x0.4x0.6x0.8x1x
                  • Q1 2017: Security type not verified
                  • Q2 2017: Security type not verified
                  • Q3 2017: Security type not verified
                  • FY 2017: Security type not verified
                  • Q1 2018: Security type not verified
                  • Q2 2018: Security type not verified
                  • Q3 2018: Security type not verified
                  • FY 2018: Security type not verified
                  • Q1 2019: Security type not verified
                  • Q2 2019: Security type not verified
                  • Q3 2019: Security type not verified
                  • FY 2019: Security type not verified
                  • Q1 2020: Security type not verified
                  • Q2 2020: Security type not verified
                  • Q3 2020: Security type not verified
                  • FY 2020: Security type not verified
                  • Q1 2021: Security type not verified
                  • Q2 2021: Security type not verified
                  • Q3 2021: Security type not verified
                  • FY 2021: Security type not verified
                  • Q1 2022: Security type not verified
                  • Q2 2022: Security type not verified
                  • Q3 2022: Security type not verified
                  • FY 2022: Security type not verified
                  • Q1 2023: Security type not verified
                  • Q2 2023: Security type not verified
                  • Q3 2023: Security type not verified
                  • FY 2023: Security type not verified
                  • Q1 2024: Security type not verified
                  • Q2 2024: Security type not verified
                  • Q3 2024: Security type not verified
                  • FY 2024: Security type not verified
                  • Q1 2025: Security type not verified
                  • Q2 2025: Security type not verified
                  • Q3 2025: Security type not verified
                  • FY 2025: Security type not verified
                  • Q1 2026: Security type not verified
                  • Q2 2026: Security type not verified
                  • Earnings period 2017-01-01 to 2017-03-31. Shares as of 2017-03-31: 42,930,624 source shares.
                  • Earnings period 2017-04-01 to 2017-06-30. Shares as of 2017-06-30: 42,656,167 source shares.
                  • Earnings period 2017-07-01 to 2017-09-30. Shares as of 2017-09-30: 42,529,709 source shares.
                  • Earnings period 2017-01-01 to 2017-12-31. Shares as of 2017-12-31: 42,547,707 source shares.
                  • Earnings period 2018-01-01 to 2018-03-31. Shares as of 2018-03-31: 42,534,228 source shares.
                  • Earnings period 2018-04-01 to 2018-06-30. Shares as of 2018-06-30: 42,636,066 source shares.
                  • Earnings period 2018-07-01 to 2018-09-30. Shares as of 2018-09-30: 42,670,728 source shares.
                  • Earnings period 2018-01-01 to 2018-12-31. Shares as of 2018-12-31: 46,624,118 source shares.
                  • Earnings period 2019-01-01 to 2019-03-31. Shares as of 2019-03-31: 42,655,713 source shares.
                  • Earnings period 2019-04-01 to 2019-06-30. Shares as of 2019-06-30: 42,763,022 source shares.
                  • Earnings period 2019-07-01 to 2019-09-30. Shares as of 2019-09-30: 42,809,867 source shares.
                  • Earnings period 2019-01-01 to 2019-12-31. Shares as of 2019-12-31: 42,848,359 source shares.
                  • Earnings period 2020-01-01 to 2020-03-31. Shares as of 2020-03-31: 42,793,123 source shares.
                  • Earnings period 2020-04-01 to 2020-06-30. Shares as of 2020-06-30: 42,921,183 source shares.
                  • Earnings period 2020-07-01 to 2020-09-30. Shares as of 2020-09-30: 42,848,921 source shares.
                  • Earnings period 2020-01-01 to 2020-12-31. Shares as of 2020-12-31: 42,898,158 source shares.
                  • Earnings period 2021-01-01 to 2021-03-31. Shares as of 2021-03-31: 42,945,984 source shares.
                  • Earnings period 2021-04-01 to 2021-06-30. Shares as of 2021-06-30: 43,066,571 source shares.
                  • Earnings period 2021-07-01 to 2021-09-30. Shares as of 2021-09-30: 43,099,193 source shares.
                  • Earnings period 2021-01-01 to 2021-12-31. Shares as of 2021-12-31: 43,136,273 source shares.
                  • Earnings period 2022-01-01 to 2022-03-31. Shares as of 2022-03-31: 42,767,652 source shares.
                  • Earnings period 2022-04-01 to 2022-06-30. Shares as of 2022-06-30: 42,492,188 source shares.
                  • Earnings period 2022-07-01 to 2022-09-30. Shares as of 2022-09-30: 42,472,580 source shares.
                  • Earnings period 2022-01-01 to 2022-12-31. Shares as of 2022-12-31: 42,480,051 source shares.
                  • Earnings period 2023-01-01 to 2023-03-31. Shares as of 2023-03-31: 42,550,943 source shares.
                  • Earnings period 2023-04-01 to 2023-06-30. Shares as of 2023-06-30: 42,653,561 source shares.
                  • Earnings period 2023-07-01 to 2023-09-30. Shares as of 2023-09-30: 42,699,798 source shares.
                  • Earnings period 2023-01-01 to 2023-12-31. Shares as of 2023-12-31: 42,728,182 source shares.
                  • Earnings period 2024-01-01 to 2024-03-31. Shares as of 2024-03-31: 42,745,570 source shares.
                  • Earnings period 2024-04-01 to 2024-06-30. Shares as of 2024-06-30: 42,838,572 source shares.
                  • Earnings period 2024-07-01 to 2024-09-30. Shares as of 2024-09-30: 42,884,181 source shares.
                  • Earnings period 2024-01-01 to 2024-12-31. Shares as of 2024-12-31: 42,869,380 source shares.
                  • Earnings period 2025-01-01 to 2025-03-31. Shares as of 2025-03-31: 42,501,250 source shares.
                  • Earnings period 2025-04-01 to 2025-06-30. Shares as of 2025-06-30: 42,176,959 source shares.
                  • Earnings period 2025-07-01 to 2025-09-30. Shares as of 2025-09-30: 41,506,582 source shares.
                  • Earnings period 2025-01-01 to 2025-12-31. Shares as of 2025-12-31: 39,740,881 source shares.
                  • Earnings period 2026-01-01 to 2026-03-31. Shares as of 2026-03-31: 38,027,605 source shares.
                  • Earnings period 2026-04-01 to 2026-06-30. Shares as of 2026-06-30: 37,513,530 source shares.
                  Latest period Q2 2026. P/E ratio Missing.
                  P/E ratio
                  See how the number of shares changes over time. More shares can mean each existing share owns a smaller slice of the company.Formula: Outstanding shares = issued shares − treasury shares Share-count growth = (current shares ÷ previous shares − 1) × 100%
                  Stock split history may be out of date.
                  2026201720182019202020212022202320242025010M20M30M40M
                      Latest period 2026. Shares outstanding 37.5M. Class detail unavailable 37.5M.
                      Class detail unavailable