Valuation: Morningstar, Inc.

Market Cap 6.89B 6.12B 5.71B 5.2B 9.82B 662B 9.91B 69.1B 26.78B 338B 25.85B 25.29B 1,086B P/E 2026 *
17x
P/E 2027 * 14.8x
Enterprise Value 7.91B 7.03B 6.56B 5.98B 11.28B 761B 11.38B 79.4B 30.77B 389B 29.71B 29.06B 1,248B EV / Sales 2026 *
2.99x
EV / Sales 2027 * 2.7x
Free-Float
34.28%
Yield 2026 *
1.09%
Yield 2027 * 1.2%

Last Transcript: Morningstar, Inc.

1 day-3.75%
1 week-6.34%
Current month-3.42%
1 month-14.93%
3 months+10.61%
6 months+6.15%
Current year-15.54%
1 week 183.21
Extreme 183.21
194.8
1 month 183.21
Extreme 183.21
209.4
Current year 141.49
Extreme 141.49
221.22
1 year 141.49
Extreme 141.49
228.95
3 years 141.49
Extreme 141.49
365
5 years 141.49
Extreme 141.49
365
10 years 67.74
Extreme 67.74
365
Manager TitleAgeSince
Chief Executive Officer 50 01/01/2017
Director of Finance/CFO 46 01/01/2025
Chief Tech/Sci/R&D Officer 57 -
Director TitleAgeSince
Chairman 69 16/05/1984
Director/Board Member 72 01/07/2002
Director/Board Member 66 01/01/1999
Date Insider Type Main position Quantity % Market Cap. Importance
01/09/26 Tax

Chief Financial Officer

-54 0.0001%
01/09/26 Tax

Controller/Auditor

-29 0.0001%
24/08/26 Sell

Founder

-5,659 0.0151%
Change 5-day change 1-year change 3-year change Capi.($)
-3.75%-6.34%-18.83%-18.65% 6.89B
-0.49%-4.22%-19.50%+8.37% 114B
-1.34%-5.83%-9.01%+43.39% 76.44B
-1.57%-0.56%-35.75%-17.36% 42.34B
-1.73%-2.79%-4.32%+8.17% 38.96B
+1.24%-5.86%-30.77%-8.29% 28.75B
-2.62%-4.18%-33.13%-10.70% 17.72B
-1.19%-1.22%-39.58%-40.90% 17.01B
+0.19%-5.48%-40.85%-21.63% 16.45B
+0.25%-1.62%+9.68%+54.88% 16.08B
Average -1.10%-3.55%-22.20%-0.27% 37.45B
Weighted average by Cap. -0.91%-3.83%-19.71%+8.35%

Financials

2026 *2027 *
Net sales 2.65B 2.35B 2.2B 2B 3.78B 255B 3.81B 26.58B 10.3B 130B 9.94B 9.73B 418B 2.8B 2.49B 2.32B 2.12B 3.99B 269B 4.03B 28.11B 10.89B 138B 10.52B 10.29B 442B
Net income 413M 367M 343M 312M 589M 39.74B 595M 4.15B 1.61B 20.31B 1.55B 1.52B 65.19B 461M 410M 382M 348M 657M 44.32B 663M 4.63B 1.79B 22.65B 1.73B 1.69B 72.71B
Net Debt 1.03B 912M 851M 776M 1.46B 98.7B 1.48B 10.3B 3.99B 50.45B 3.85B 3.77B 162B 689M 612M 571M 521M 982M 66.23B 991M 6.91B 2.68B 33.86B 2.59B 2.53B 109B
Logo Morningstar, Inc.
Morningstar, Inc. is a provider of independent investment insights. The Company's segments include Morningstar Direct Platform, PitchBook, Morningstar Credit, Morningstar Wealth, and Morningstar Retirement. The Morningstar Direct Platform provides investors with data, research and insights, and investment analysis to empower investment decision-making. The PitchBook provides investors with access to data, research, analytics, and artificial intelligence (AI) enabled software across private capital markets, including venture capital, private equity, private credit, bank loans, and mergers & acquisitions (M&A). Morningstar Credit provides investors with credit ratings, research, data, and credit analytics solutions. Morningstar Wealth provides investment products, investor tools, and an advisor platform powered by research and data. The Morningstar Retirement offers products designed to help individuals reach retirement goals.
Employees
10,973
Date Price Change Volume
02/10/26 $183.55 -4.01% 196,270
01/10/26 $191.21 +0.62% 186,375
30/09/26 $190.04 +1.98% 242,288
29/09/26 $186.35 -2.72% 291,129
28/09/26 $191.56 -2.26% 215,222
Trader
Investor
Global
Quality
ESG MSCI
BBB
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
183.55USD
Average target price
236.67USD
Spread / Average Target
+28.94%

Quarterly revenue - Rate of surprise

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