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Saturday 31 October 2026
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Morningstar, Inc.
MORN Financial Financial Data & Stock Exchanges
Morningstar, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.4 billion, up 7.49% from fiscal 2024.
- Revenue
- +9.60%
- EPS
- +35.1%
- Free cash flow
- +96.3%
- Total debt
- +104.3%
Quarter to June 2026, against a year earlier
226.19
3.65
+1.64%
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Morningstar, Inc. (MORN) P/E ratio
As of 30 October 2026, Morningstar, Inc. (MORN) trades at a P/E ratio of 21.4×. Over the past ten years it has ranged from 14.4× (June 2026) to 523× (April 2023); the current reading is higher than 10% of that period. That is below the Financial Data & Stock Exchanges industry median of 24.6× and above the Financial sector median of 12.5×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 24.3× | (37.92%) |
| FY2024 | 39.1× | (53.42%) |
| FY2023 | 83.9× | (36.56%) |
| FY2022 | 132× | 73.95% |
| FY2021 | 76.0× | 71.64% |
| FY2020 | 44.3× | 4.17% |
| FY2019 | 42.5× | 66.00% |
| FY2018 | 25.6× | (15.48%) |
| FY2017 | 30.3× | 52.74% |
| FY2016 | 19.8× | (25.75%) |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 14.7× | (14.14%) |
| Mar 2026 | 17.1× | (29.38%) |
| Dec 2025 | 24.3× | (7.59%) |
| Sep 2025 | 26.2× | (21.00%) |
| 42 more quarters | Free account |
Against its own ten years
Low 14.4×
High 523×
Ten-year median
37.4×
Current reading's percentile
11
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| COIN Coinbase Global, Inc. compare | n/m |
| TRU TransUnion compare | 20.2× |
| MORN Morningstar, Inc. | 21.4× |
| FDS FactSet Research Systems Inc. compare | 22.5× |
| ICE Intercontinental Exchange Inc. compare | 23.7× |
| CBOE Cboe Global Markets, Inc. compare | 25.9× |
| NDAQ Nasdaq, Inc. compare | 30.7× |
| MCO Moody's Corporation compare | 31.2× |
| MSCI MSCI Inc compare | 34.1× |
| Financial Data & Stock Exchanges industry median | 24.6× |
| Financial sector median | 12.5× |
| Market median | 18.6× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)