MORN · NASDAQ
Morningstar (MORN) Stock Price & Fundamentals
Morningstar (MORN) closed at $406.47 on Oct 9, 2026, up 1.23% from the previous close of $401.55.
Share price, past year
1Y −3.82%Monthly closing prices
| Date | Close |
|---|---|
| Oct 9, 2026 | $406.47 |
| Sep 30, 2026 | $384.88 |
| Aug 31, 2026 | $391.74 |
| Jul 31, 2026 | $366.94 |
| Jun 30, 2026 | $382.99 |
| May 29, 2026 | $403.44 |
| Apr 30, 2026 | $404.89 |
| Mar 31, 2026 | $440.80 |
| Feb 27, 2026 | $443.59 |
| Jan 30, 2026 | $451.24 |
| Dec 31, 2025 | $452.86 |
| Nov 28, 2025 | $452.68 |
| Oct 31, 2025 | $436.11 |
Key statistics
- Market cap
- $15.25B
- P/E (TTM)
- 38.6
- EPS (TTM)
- $10.52
- Revenue (TTM)
- $2.57B
- Net income (TTM)
- —
- Shares outstanding
- 37.5M
- Dividend yield
- 0.48%
- 52-week range
- $360.42 – $479.29
Morningstar's market cap is $15.25B, based on a share price of $406.47 and 37.5M shares outstanding as of Jun 30, 2026.
Financials
Morningstar reported revenue of $2.45B for fiscal 2025, up 7.49% from fiscal 2024.
Morningstar earned net income of $183.00M in fiscal 2018, a net margin of 17.9%.
Fiscal 2025 revenue was the highest in the 10 years shown.
Annual revenue
| Fiscal year | Revenue | Growth | Net income | Net margin | EPS (diluted) | Free cash flow |
|---|---|---|---|---|---|---|
| FY2025ended Dec 31, 2025 | $2.45B | +7.5% | — | — | $8.87 | $442.60M |
| FY2024ended Dec 31, 2024 | $2.28B | +11.6% | — | — | $8.58 | $448.90M |
| FY2023ended Dec 31, 2023 | $2.04B | +9.0% | — | — | $3.29 | $197.30M |
| FY2022ended Dec 31, 2022 | $1.87B | +10.1% | — | — | $1.64 | $168.30M |
| FY2021ended Dec 31, 2021 | $1.70B | +22.3% | — | — | $4.45 | $348.10M |
| FY2020ended Dec 31, 2020 | $1.39B | +17.9% | — | — | $5.18 | $307.60M |
| FY2019ended Dec 31, 2019 | $1.18B | +15.6% | — | — | $3.52 | $254.40M |
| FY2018ended Dec 31, 2018 | $1.02B | +11.9% | $183.00M | 17.9% | $4.25 | $238.70M |
| FY2017ended Dec 31, 2017 | $911.70M | +14.2% | $136.90M | 15.0% | $3.18 | $183.50M |
| FY2016ended Dec 31, 2016 | $798.60M | — | $161.00M | 20.2% | $3.72 | $150.90M |
| Quarter | Revenue | Net income | EPS (diluted) |
|---|---|---|---|
| Q2 FY2026ended Jun 30, 2026 | $663.20M | — | $2.83 |
| Q1 FY2026ended Mar 31, 2026 | $644.80M | — | $2.73 |
| Q4 FY2025ended Dec 31, 2025 | $641.10M | — | $2.79 |
| Q3 FY2025ended Sep 30, 2025 | $617.40M | — | $2.17 |
| Q2 FY2025ended Jun 30, 2025 | $605.10M | — | $2.09 |
| Q1 FY2025ended Mar 31, 2025 | $581.90M | — | $1.82 |
| Q4 FY2024ended Dec 31, 2024 | $591.00M | — | $2.72 |
| Q3 FY2024ended Sep 30, 2024 | $569.40M | — | $2.77 |
Company profile
- Name
- Morningstar, Inc.
- Ticker
- MORN
- Exchange
- NASDAQ
- Industry (SEC SIC)
- Investment Advice
- Headquarters
- 22 West Washington Street, Chicago, IL 60602
- Incorporated in
- IL
- Fiscal year ends
- December
- SEC CIK
- 0001289419
Recent SEC filings
- Sep 25, 2026
- Sep 18, 2026
- Aug 25, 2026
- Jul 29, 2026
- Jul 29, 2026
- Jun 25, 2026
- Jun 18, 2026
- May 22, 2026
Frequently asked questions
What is Morningstar's stock price?
Morningstar (MORN) closed at $406.47 on Oct 9, 2026, up 1.23% from the previous close of $401.55.
What is Morningstar's market cap?
Morningstar's market cap is $15.25B, based on a share price of $406.47 and 37.5M shares outstanding as of Jun 30, 2026.
How much revenue does Morningstar make?
Morningstar reported revenue of $2.45B for fiscal 2025, up 7.49% from fiscal 2024.
What is MORN's P/E ratio?
Morningstar's price-to-earnings ratio is 38.6, based on trailing twelve-month diluted EPS of $10.52.
Does Morningstar pay a dividend?
Yes. Morningstar declared $1.95 per share in dividends over the last four quarters, a yield of 0.48%.
Sources and methodology
Fundamentals come from Morningstar, Inc.'s filings with the SEC (EDGAR XBRL company facts). Fourth-quarter figures that companies don't report separately are calculated as the fiscal year minus the first three quarters. Trailing twelve-month (TTM) figures sum the latest four quarters. Prices are generated sample data for development. Last updated Oct 9, 2026. Data sources and disclosures