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
- +8.86%
- EPS
- +41.7%
- Free cash flow
- −2.94%
- Total debt
- +97.8%
Quarter to September 2026, against a year earlier
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Morningstar, Inc. (MORN) Return on assets
Morningstar, Inc.'s return on assets over the twelve months to 30 September 2026 was 11.9%, up 1.4 percentage points from fiscal 2025 (10.5%). Over the past ten years it has ranged from 2.22% (fiscal 2022) to 13.5% (fiscal 2016); the current reading is higher than 64% of that period. That is above the Financial Data & Stock Exchanges industry median of 8.22% and above the Financial sector median of 1.15%.
Return on assets, annual
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Annual newest first
| Period | Return on assets | Change (points) |
|---|---|---|
| FY2025 | 10.5% | (0.16) |
| FY2024 | 10.6% | 6.54 |
| FY2023 | 4.10% | 1.88 |
| FY2022 | 2.22% | (4.73) |
| FY2021 | 6.95% | (1.88) |
| FY2020 | 8.83% | 0.88 |
| FY2019 | 7.95% | (4.85) |
| FY2018 | 12.8% | 2.87 |
| FY2017 | 9.93% | (3.60) |
| FY2016 | 13.5% | 0.53 |
Against its own ten years
Return on assets against peers
| Company | Return on assets |
|---|---|
| MSCI MSCI Inc compare | 25.2% |
| MCO Moody's Corporation compare | 19.1% |
| CBOE Cboe Global Markets, Inc. compare | 14.5% |
| FDS FactSet Research Systems Inc. compare | 12.6% |
| MORN Morningstar, Inc. | 11.9% |
| NDAQ Nasdaq, Inc. compare | 7.18% |
| TRU TransUnion compare | 6.88% |
| ICE Intercontinental Exchange Inc. compare | 2.62% |
| COIN Coinbase Global, Inc. compare | −2.39% |
| Financial Data & Stock Exchanges industry median | 8.22% |
| Financial sector median | 1.15% |
| Market median | 0.00% |
What Return on assets is
ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.
Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)
More on MORN
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement