Morningstar, Inc. (MORN)

Morningstar Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Apr 15, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	12,158	14,442	12,222	9,193	14,738	9,919
Market Cap Growth	18.16%	18.16%	32.95%	-37.62%	48.59%	53.13%
Enterprise Value	12,511	14,883	13,099	10,144	14,778	10,206
Last Close Price	284.24	335.77	283.85	213.26	334.86	225.90
PE Ratio	33.13	39.04	86.62	130.40	76.25	44.36
Forward PE	33.25	29.04	29.04	29.04	29.04	29.04
PS Ratio	5.35	6.35	6.00	4.92	8.67	7.14
PB Ratio	7.53	8.92	9.21	7.62	10.41	7.80
P/FCF Ratio	27.08	32.17	61.95	54.63	42.34	32.25
P/OCF Ratio	20.55	24.41	38.63	30.87	32.76	25.81
PEG Ratio	-	2.14	2.14	2.14	2.14	2.14
EV/Sales Ratio	5.50	6.54	6.43	5.42	8.70	7.35
EV/EBITDA Ratio	24.23	28.83	39.18	34.27	42.49	33.93
EV/EBIT Ratio	29.73	35.37	56.80	52.37	57.50	47.43
EV/FCF Ratio	27.87	33.15	66.39	60.27	42.45	33.18
Debt / Equity Ratio	0.56	0.56	0.87	1.10	0.38	0.49
Debt / EBITDA Ratio	1.57	1.57	2.90	3.92	1.36	1.83
Debt / FCF Ratio	2.01	2.01	5.88	7.87	1.53	2.04
Asset Turnover	0.65	0.65	0.59	0.59	0.61	0.55
Quick Ratio	0.95	0.95	0.83	0.82	1.05	1.07
Current Ratio	1.05	1.05	0.93	0.92	1.13	1.17
Return on Equity (ROE)	25.11%	25.11%	11.13%	5.38%	14.39%	18.99%
Return on Assets (ROA)	7.57%	7.57%	4.19%	3.82%	5.78%	5.31%
Return on Capital (ROIC)	10.50%	10.50%	5.74%	5.41%	8.35%	7.33%
Return on Capital Employed (ROCE)	16.30%	16.30%	9.10%	7.50%	12.40%	10.40%
Earnings Yield	304.25%	2.56%	1.15%	0.77%	1.31%	2.25%
FCF Yield	369.23%	3.11%	1.61%	1.83%	2.36%	3.10%
Dividend Yield	64.03%	0.50%	0.54%	0.69%	0.39%	0.54%
Payout Ratio	2121.21%	18.73%	45.29%	87.23%	28.04%	22.99%
Buyback Yield / Dilution	-46.60%	-0.47%	-	1.15%	-0.46%	-0.47%
Total Shareholder Return	17.43%	0.03%	0.54%	1.84%	-0.07%	0.07%

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q