Morningstar, Inc. (FRA:MRS)

Morningstar Statistics

Total Valuation

Morningstar has a market cap or net worth of EUR 5.36 billion. The enterprise value is 5.98 billion.

Market Cap	5.36B
Enterprise Value	5.98B

Important Dates

The last earnings date was Thursday, February 12, 2026.

Earnings Date	Feb 12, 2026
Ex-Dividend Date	Jan 2, 2026

Share Statistics

Current Share Class	39.58M
Shares Outstanding	n/a
Shares Change (YoY)	-2.09%
Shares Change (QoQ)	-3.78%
Owned by Insiders (%)	47.13%
Owned by Institutions (%)	62.82%
Float	20.91M

Valuation Ratios

The trailing PE ratio is 16.81 and the forward PE ratio is 13.91.

PE Ratio	16.81
Forward PE	13.91
PS Ratio	2.57
PB Ratio	5.15
P/TBV Ratio	n/a
P/FCF Ratio	14.21
P/OCF Ratio	10.67
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 10.80, with an EV/FCF ratio of 15.86.

EV / Earnings	18.76
EV / Sales	2.88
EV / EBITDA	10.80
EV / EBIT	14.01
EV / FCF	15.86

Financial Position

The company has a current ratio of 0.99, with a Debt / Equity ratio of 1.03.

Current Ratio	0.99
Quick Ratio	0.89
Debt / Equity	1.03
Debt / EBITDA	1.92
Debt / FCF	2.85
Interest Coverage	12.66

Financial Efficiency

Return on equity (ROE) is 26.35% and return on invested capital (ROIC) is 19.12%.

Return on Equity (ROE)	26.35%
Return on Assets (ROA)	8.86%
Return on Invested Capital (ROIC)	19.12%
Return on Capital Employed (ROCE)	19.95%
Weighted Average Cost of Capital (WACC)	n/a
Revenue Per Employee	189,814
Profits Per Employee	29,045
Employee Count	10,973
Asset Turnover	0.69
Inventory Turnover	n/a

Taxes

In the past 12 months, Morningstar has paid 103.48 million in taxes.

Income Tax	103.48M
Effective Tax Rate	24.51%

Stock Price Statistics

The stock price has decreased by -56.45% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	-56.45%
50-Day Moving Average	167.14
200-Day Moving Average	208.30
Relative Strength Index (RSI)	35.00
Average Volume (20 Days)	1

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	1.48

Income Statement

In the last 12 months, Morningstar had revenue of EUR 2.08 billion and earned 318.71 million in profits. Earnings per share was 7.55.

Revenue	2.08B
Gross Profit	1.27B
Operating Income	431.13M
Pretax Income	422.19M
Net Income	318.71M
EBITDA	505.40M
EBIT	431.13M
Earnings Per Share (EPS)	7.55

Balance Sheet

The company has 450.29 million in cash and 1.07 billion in debt, with a net cash position of -623.79 million.

Cash & Cash Equivalents	450.29M
Total Debt	1.07B
Net Cash	-623.79M
Net Cash Per Share	n/a
Equity (Book Value)	1.04B
Book Value Per Share	26.19
Working Capital	-13.03M

Cash Flow

In the last 12 months, operating cash flow was 502.25 million and capital expenditures -125.29 million, giving a free cash flow of 376.96 million.

Operating Cash Flow	502.25M
Capital Expenditures	-125.29M
Free Cash Flow	376.96M
FCF Per Share	n/a

Margins

Gross margin is 61.03%, with operating and profit margins of 20.70% and 15.30%.

Gross Margin	61.03%
Operating Margin	20.70%
Pretax Margin	20.27%
Profit Margin	15.30%
EBITDA Margin	24.26%
EBIT Margin	20.70%
FCF Margin	18.10%

Dividends & Yields

This stock pays an annual dividend of 1.61, which amounts to a dividend yield of 1.20%.

Dividend Per Share	1.61
Dividend Yield	1.20%
Dividend Growth (YoY)	3.66%
Years of Dividend Growth	4
Payout Ratio	20.55%
Buyback Yield	2.09%
Shareholder Yield	3.28%
Earnings Yield	5.95%
FCF Yield	7.04%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Morningstar has an Altman Z-Score of 4.92 and a Piotroski F-Score of 6.

Altman Z-Score	4.92
Piotroski F-Score	6