MORNMorningstar, Inc.

$204.56-12% 1Y

Is it growing?

Good

Growing: earnings up +12% year on year and operating margin widening (+1.2 points).

2 good, 1 neutral
Revenue trend+9% in a year

Trailing-twelve-month revenue vs a year earlier, from the company's own filings. Five-year pace: +11% a year.

Earnings trend+12% in a year

Trailing-twelve-month earnings per share against a year earlier. Growing faster than revenue, so margins or the share count are helping.

Margin direction+1.2 points operating

Trailing-twelve-month operating margin, 23.5% now against 22.3% a year earlier.

All from SEC EDGAR, as of Jun 30, 2026.

Where this answer is blind. These are trailing numbers from the filings, not forecasts: an acquisition or a one-off year can flatter them, so check the quarters.

Is MORN growing?

Morningstar, Inc. has grown revenue 9.3% a year over three years and 12% a year over five, with earnings per share compounding at 76%.

+9.3%

Revenue growth, 3-year annual rate · Financial Data & Stock Exchanges median +8.1% · steady growth, ahead of inflation · compounded from fiscal-year columns as filed

Revenue growth, 5-year rate
+12%

Revenue growth, 5-year rate · +9.3% over three · growth has slowed since the five-year average

Earnings per share, 3-year rate
+76%

Earnings per share, 3-year rate · revenue +9.3% · earnings outgrew revenue: margins or the share count worked for shareholders

Years of annual history on file
18

Years of annual history on file · FY2008 to FY2025, as filed

Details›
Revenue FY2021
$1.70B
Revenue FY2022
$1.87B
Revenue FY2023
$2.04B
Revenue FY2024
$2.28B
Revenue FY2025
$2.45B

Annual income statements as filed with the SEC.