Morningstar, Inc. (MORN)
NASDAQ: MORN · Real-Time Price · USD
295.36
+2.17 (0.74%)
May 5, 2025, 4:00 PM EDT - Market closed

Morningstar Statistics

Total Valuation

Morningstar has a market cap or net worth of $12.47 billion. The enterprise value is $12.91 billion.

Market Cap 12.47B
Enterprise Value 12.91B

Important Dates

The last earnings date was Wednesday, April 30, 2025, after market close.

Earnings Date Apr 30, 2025
Ex-Dividend Date Oct 3, 2025

Share Statistics

Morningstar has 42.25 million shares outstanding. The number of shares has increased by 0.23% in one year.

Current Share Class 42.25M
Shares Outstanding 42.25M
Shares Change (YoY) +0.23%
Shares Change (QoQ) n/a
Owned by Insiders (%) 41.79%
Owned by Institutions (%) 63.98%
Float 24.57M

Valuation Ratios

The trailing PE ratio is 33.13 and the forward PE ratio is 31.94.

PE Ratio 33.13
Forward PE 31.94
PS Ratio 5.46
Forward PS 5.07
PB Ratio 7.80
P/TBV Ratio n/a
P/FCF Ratio 27.82
P/OCF Ratio 21.17
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 24.01, with an EV/FCF ratio of 28.81.

EV / Earnings 33.61
EV / Sales 5.58
EV / EBITDA 24.01
EV / EBIT 29.20
EV / FCF 28.81

Financial Position

The company has a current ratio of 1.11, with a Debt / Equity ratio of 0.62.

Current Ratio 1.11
Quick Ratio 1.00
Debt / Equity 0.62
Debt / EBITDA 1.68
Debt / FCF 2.24
Interest Coverage 9.87

Financial Efficiency

Return on equity (ROE) is 25.68% and return on invested capital (ROIC) is 10.79%.

Return on Equity (ROE) 25.68%
Return on Assets (ROA) 7.93%
Return on Invested Capital (ROIC) 10.79%
Return on Capital Employed (ROCE) 16.54%
Revenue Per Employee $208,769
Profits Per Employee $34,659
Employee Count 11,085
Asset Turnover 0.66
Inventory Turnover n/a

Taxes

In the past 12 months, Morningstar has paid $110.10 million in taxes.

Income Tax 110.10M
Effective Tax Rate 22.27%

Stock Price Statistics

The stock price has increased by +0.45% in the last 52 weeks. The beta is 1.00, so Morningstar's price volatility has been similar to the market average.

Beta (5Y) 1.00
52-Week Price Change +0.45%
50-Day Moving Average 289.99
200-Day Moving Average 318.55
Relative Strength Index (RSI) 58.13
Average Volume (20 Days) 217,952

Short Selling Information

The latest short interest is 359,310, so 0.85% of the outstanding shares have been sold short.

Short Interest 359,310
Short Previous Month 245,023
Short % of Shares Out 0.85%
Short % of Float 1.46%
Short Ratio (days to cover) 1.64

Income Statement

In the last 12 months, Morningstar had revenue of $2.31 billion and earned $384.20 million in profits. Earnings per share was $8.91.

Revenue 2.31B
Gross Profit 1.41B
Operating Income 442.30M
Pretax Income 317.20M
Net Income 384.20M
EBITDA 537.90M
EBIT 442.30M
Earnings Per Share (EPS) $8.91
Full Income Statement

Balance Sheet

The company has $559.20 million in cash and $1.00 billion in debt, giving a net cash position of -$443.90 million or -$10.51 per share.

Cash & Cash Equivalents 559.20M
Total Debt 1.00B
Net Cash -443.90M
Net Cash Per Share -$10.51
Equity (Book Value) 1.61B
Book Value Per Share 37.86
Working Capital 100.00M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $589.00 million and capital expenditures -$140.80 million, giving a free cash flow of $448.20 million.

Operating Cash Flow 589.00M
Capital Expenditures -140.80M
Free Cash Flow 448.20M
FCF Per Share $10.61
Full Cash Flow Statement

Margins

Gross margin is 60.72%, with operating and profit margins of 19.11% and 16.60%.

Gross Margin 60.72%
Operating Margin 19.11%
Pretax Margin 21.36%
Profit Margin 16.60%
EBITDA Margin 23.24%
EBIT Margin 19.11%
FCF Margin 19.37%

Dividends & Yields

This stock pays an annual dividend of $1.82, which amounts to a dividend yield of 0.62%.

Dividend Per Share $1.82
Dividend Yield 0.62%
Dividend Growth (YoY) 12.35%
Years of Dividend Growth 3
Payout Ratio 20.43%
Buyback Yield -0.23%
Shareholder Yield 0.38%
Earnings Yield 3.08%
FCF Yield 3.59%
Dividend Details

Analyst Forecast

The average price target for Morningstar is $366.67, which is 24.14% higher than the current price. The consensus rating is "Buy".

Price Target $366.67
Price Target Difference 24.14%
Analyst Consensus Buy
Analyst Count 3
Revenue Growth Forecast (5Y) 9.37%
EPS Growth Forecast (5Y) 13.74%
Stock Forecasts

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 5.96 and a Piotroski F-Score of 8.

Altman Z-Score 5.96
Piotroski F-Score 8