Morningstar, Inc. (MORN)
NASDAQ: MORN · Real-Time Price · USD
340.07
+4.30 (1.28%)
Nov 21, 2024, 4:00 PM EST - Market closed

Morningstar Statistics

Total Valuation

Morningstar has a market cap or net worth of $14.58 billion. The enterprise value is $14.84 billion.

Market Cap 14.58B
Enterprise Value 14.84B

Important Dates

The last earnings date was Wednesday, October 23, 2024, after market close.

Earnings Date Oct 23, 2024
Ex-Dividend Date Oct 4, 2024

Share Statistics

Morningstar has 42.88 million shares outstanding. The number of shares has increased by 0.88% in one year.

Current Share Class 42.88M
Shares Outstanding 42.88M
Shares Change (YoY) +0.88%
Shares Change (QoQ) +0.23%
Owned by Insiders (%) 36.42%
Owned by Institutions (%) 63.94%
Float 27.24M

Valuation Ratios

The trailing PE ratio is 44.98 and the forward PE ratio is 42.94.

PE Ratio 44.98
Forward PE 42.94
PS Ratio 6.46
Forward PS 24.48
PB Ratio 9.20
P/TBV Ratio n/a
P/FCF Ratio 32.44
P/OCF Ratio 25.00
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 28.63, with an EV/FCF ratio of 33.43.

EV / Earnings 45.45
EV / Sales 6.68
EV / EBITDA 28.63
EV / EBIT 36.11
EV / FCF 33.43

Financial Position

The company has a current ratio of 1.14, with a Debt / Equity ratio of 0.67.

Current Ratio 1.14
Quick Ratio 1.04
Debt / Equity 0.67
Debt / EBITDA 1.81
Debt / FCF 2.35
Interest Coverage 7.64

Financial Efficiency

Return on equity (ROE) is 23.24% and return on invested capital (ROIC) is 10.09%.

Return on Equity (ROE) 23.24%
Return on Assets (ROA) 7.43%
Return on Capital (ROIC) 10.09%
Revenue Per Employee $196,118
Profits Per Employee $28,807
Employee Count 11,334
Asset Turnover 0.64
Inventory Turnover n/a

Taxes

In the past 12 months, Morningstar has paid $84.20 million in taxes.

Income Tax 84.20M
Effective Tax Rate 20.50%

Stock Price Statistics

The stock price has increased by +23.88% in the last 52 weeks. The beta is 1.18, so Morningstar's price volatility has been higher than the market average.

Beta (5Y) 1.18
52-Week Price Change +23.88%
50-Day Moving Average 331.14
200-Day Moving Average 308.08
Relative Strength Index (RSI) 48.46
Average Volume (20 Days) 172,206

Short Selling Information

The latest short interest is 118,371, so 0.28% of the outstanding shares have been sold short.

Short Interest 118,371
Short Previous Month 147,029
Short % of Shares Out 0.28%
Short % of Float 0.43%
Short Ratio (days to cover) 0.93

Income Statement

In the last 12 months, Morningstar had revenue of $2.22 billion and earned $326.50 million in profits. Earnings per share was $7.57.

Revenue 2.22B
Gross Profit 1.35B
Operating Income 411.00M
Pretax Income 317.20M
Net Income 326.50M
EBITDA 518.30M
EBIT 411.00M
Earnings Per Share (EPS) $7.57
Full Income Statement

Balance Sheet

The company has $601.70 million in cash and $1.04 billion in debt, giving a net cash position of -$440.90 million or -$10.28 per share.

Cash & Cash Equivalents 601.70M
Total Debt 1.04B
Net Cash -440.90M
Net Cash Per Share -$10.28
Equity (Book Value) 1.57B
Book Value Per Share 36.51
Working Capital 126.90M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $576.00 million and capital expenditures -$132.10 million, giving a free cash flow of $443.90 million.

Operating Cash Flow 576.00M
Capital Expenditures -132.10M
Free Cash Flow 443.90M
FCF Per Share $10.35
Full Cash Flow Statement

Margins

Gross margin is 60.91%, with operating and profit margins of 18.49% and 14.69%.

Gross Margin 60.91%
Operating Margin 18.49%
Pretax Margin 18.48%
Profit Margin 14.69%
EBITDA Margin 23.32%
EBIT Margin 18.49%
FCF Margin 17.96%

Dividends & Yields

This stock pays an annual dividend of $1.62, which amounts to a dividend yield of 0.48%.

Dividend Per Share $1.62
Dividend Yield 0.48%
Dividend Growth (YoY) 8.00%
Years of Dividend Growth 2
Payout Ratio 21.40%
Buyback Yield -0.88%
Shareholder Yield -0.39%
Earnings Yield 2.27%
FCF Yield 3.08%
Dividend Details

Analyst Forecast

The average price target for Morningstar is $360.67, which is 6.06% higher than the current price. The consensus rating is "Buy".

Price Target $360.67
Price Target Difference 6.06%
Analyst Consensus Buy
Analyst Count 3
Revenue Growth Forecast (5Y) 10.34%
EPS Growth Forecast (5Y) 35.77%
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 5.46 and a Piotroski F-Score of 8.

Altman Z-Score 5.46
Piotroski F-Score 8