MORNMorningstar, Inc.

$212.50

$141.8452 weeks$263.25

Price

$212.50-18%1Y

1M+27%1Y-18%

Prices are end-of-day closes. This is a research view, the focus is on the fundamentals, quality and valuation below, not intraday price.

Smart Score

Average

6/10

Value77

Quality69

Momentum5

Growth50

Strongest Value, weakest Momentum · ranked vs Financial Services peers. The five questions below judge the company on its own terms.

What they do

Our mission is to empower investor success. We deliver connected data, independent research, investor-first tools, and long-term portfolio strategies with a focus on removing frictions that can slow decisions, cloud markets, and drive up costs.

In the company’s own words · 10-K filed Feb 13, 2026 · SEC EDGAR

P/E (TTM)21.7

Market Cap$5.84B

1Y Return-18%

5Y Return-15%

Business segments

Q1 2026 · $644.8M

The company’s own SEC segment disclosure.

US$462.0M72%
Europe Excluding United Kingdom$57.0M9%
GB$49.2M8%
CA$42.7M7%
AU$18.1M3%
Asia$11.8M2%
Other (1)$4.0M1%

Morningstar, Inc. (MORN) reported revenue of $645M in Q1 2026 (quarter ended March 31, 2026), up 11% from the same quarter a year earlier. That came with a gross margin of 63% and net income of $107M (17% of revenue). For the full year FY2025, revenue was $2.45B (+7.5% year on year) and net income $374M. Its largest region in 2026-Q1 was US at $462M, 72% of the disclosed total, just ahead of Europe Excluding United Kingdom at 8.8%.

Raw charts

11 series · TTM

As reported to the SEC, without any scoring.

Financial Data & Stock Exchanges

Ranks #7 of 11 by Smart Score