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Morningstar stock price, quote, forecast and news

MORN
US6177001095
A0EADM

Price

317.16
Today +/-
-1.63
Today %
-0.57 %
P

Morningstar stock price

%
Weekly
Details

Price

ⓘ

Overview

The Quote Chart provides detailed and dynamic insights into the Morningstar stock's performance, showcasing daily, weekly, or monthly aggregated quotes. Users can switch between different time frames to analyze the stock's progression meticulously and make informed investment decisions.

Intraday Feature

The intraday feature provides real-time data, allowing investors to view the Morningstar stock’s price fluctuations within the trading day, facilitating timely and strategic investment decisions.

Total Return and Relative Price Change

View the total return of the Morningstar stock to gauge its profitability over time. The relative price change, based on the first quote available in the selected timeframe, offers insights into the stock’s performance, assisting in evaluating its investment potential.

Interpretation and Investment

Utilize the comprehensive data presented in the Quote Chart to analyze Morningstar's market trends, price movements, and potential returns. Make informed investment choices by comparing different time frames and evaluating intraday data for optimized portfolio management.

Morningstar Stock Price History

DateMorningstar Price
9/25/2024317.16 undefined
9/24/2024318.98 undefined
9/23/2024323.74 undefined
9/20/2024320.69 undefined
9/19/2024320.82 undefined
9/18/2024316.32 undefined
9/17/2024320.20 undefined
9/16/2024317.10 undefined
9/13/2024310.61 undefined
9/12/2024307.67 undefined
9/11/2024305.74 undefined
9/10/2024307.89 undefined
9/9/2024305.04 undefined
9/6/2024304.72 undefined
9/5/2024311.92 undefined
9/4/2024313.27 undefined
9/3/2024312.54 undefined
8/30/2024313.77 undefined
8/29/2024311.60 undefined
8/28/2024310.19 undefined

Morningstar Revenue, EBIT, Net Income

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  • Max

Revenue
EBIT
Net Income
Details

Revenue, EBIT and Profit

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Understanding Revenue, EBIT, and Income

Gain insights into Morningstar, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by Morningstar from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects Morningstar’s net earnings, an ultimate measure of its financial health and profitability.

Yearly Analysis and Comparisons

Observe the yearly bars to understand the annual performance and growth of Morningstar. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.

Utilizing Expectations for Investment

The expected values for the forthcoming years offer investors a glimpse into Morningstar’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.

Investment Insights

Leveraging the comparison between Revenue and EBIT helps in assessing Morningstar’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on Morningstar’s growth potential.

Morningstar Revenue, EBIT and net profit per share

DateMorningstar RevenueMorningstar EBITMorningstar Net Income
2027e3.02 B undefined644.64 M undefined478.92 M undefined
2026e2.67 B undefined570.98 M undefined415.36 M undefined
2025e2.45 B undefined473.25 M undefined350.3 M undefined
2024e2.27 B undefined397.23 M undefined313.74 M undefined
20232.04 B undefined230.6 M undefined141.1 M undefined
20221.87 B undefined167.8 M undefined70.5 M undefined
20211.7 B undefined257 M undefined193.3 M undefined
20201.39 B undefined253.3 M undefined223.6 M undefined
20191.18 B undefined189.6 M undefined152 M undefined
20181.02 B undefined215.8 M undefined183 M undefined
2017911.7 M undefined169.8 M undefined136.9 M undefined
2016798.6 M undefined180.8 M undefined161 M undefined
2015788.8 M undefined190.6 M undefined132.6 M undefined
2014760.1 M undefined166.6 M undefined78.3 M undefined
2013698.3 M undefined170.7 M undefined123.5 M undefined
2012658.3 M undefined150.7 M undefined108 M undefined
2011631.4 M undefined138.4 M undefined98.1 M undefined
2010555.4 M undefined121.1 M undefined86 M undefined
2009479 M undefined124.7 M undefined82.1 M undefined
2008502.5 M undefined138.9 M undefined89.6 M undefined
2007435.1 M undefined117.3 M undefined73.9 M undefined
2006315.2 M undefined77.5 M undefined51.8 M undefined
2005227.1 M undefined46.5 M undefined31.1 M undefined
2004179.7 M undefined17.7 M undefined8.8 M undefined

Morningstar Income Statement, Balance Sheet, Cash Flow Statement

  • Simple

  • Expanded

  • Income Statement

  • Balance Sheet

  • Cashflow

 
REVENUE (B)REVENUE GROWTH (%)GROSS MARGIN (%)GROSS INCOME (B)EBIT (M)EBIT MARGIN (%)NET INCOME (M)NET INCOME GROWTH (%)DIV. ()DIV. GROWTH (%)SHARES (M)DOCUMENTS
19992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024e2025e2026e2027e
0.050.080.090.110.140.180.230.320.440.50.480.560.630.660.70.760.790.80.911.021.181.391.71.872.042.272.452.673.02
-44.2321.3319.7827.5228.7826.8238.7738.1015.40-4.5815.8713.694.286.088.883.681.2714.1611.8615.7017.8122.3210.068.9811.438.018.6413.40
--56.0464.2269.0669.2771.3772.3873.7974.1073.0771.7171.1670.2161.0358.0358.1256.8957.6359.6758.9562.7158.8658.3458.64----
000.050.070.10.120.160.230.320.370.350.40.450.460.430.440.460.450.530.610.70.8711.091.20000
-42-62-16-8-10174677117138124121138150170166190180169215189253257167230397473570644
-80.77-82.67-17.58-7.34-7.199.5020.2624.4426.9027.4925.8921.8021.8722.8024.3621.8424.1122.5618.5521.1016.0318.2115.138.9311.2917.4819.2821.3921.31
-29-28-90-118315173898286981081237813216113618315222319370141313350415478
--3.45-67.86---172.73287.5064.5243.1421.92-7.874.8813.9510.2013.89-36.5969.2321.97-15.5334.56-16.9446.71-13.45-63.73101.43121.9911.8218.5715.18
-----------------------------
-----------------------------
33.238.438.338.338.441.944.546.748.249.249.850.65149.146.544.944.343.3434343.243.243.442.942.90000
-----------------------------
Details

Keystats

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Revenue and Growth

The Morningstar Revenue and Revenue Growth are pivotal to understanding the company's financial health and operational efficiency. A consistent increase in revenue indicates a company’s ability to effectively market and sell its products or services, while the revenue growth percentage offers insights into the pace at which the company is expanding over the years.

Gross Margin

The Gross Margin is a crucial metric that showcases the percentage of revenue exceeding the cost of goods sold (COGS). A higher gross margin is indicative of a company’s efficiency in controlling its production costs, thereby promising potential profitability and financial stability.

EBIT and EBIT Margin

EBIT (Earnings Before Interest and Taxes) and EBIT Margin offer deep insights into a company’s profitability, excluding the impacts of interest and taxes. Investors often assess these metrics to gauge the operational efficiency and inherent profitability of a business, separate from its financial structure and tax environment.

Income and Growth

Net Income and its subsequent growth are quintessential for investors looking to understand a company’s profitability. Consistent income growth underscores a company’s ability to enhance its profitability over time, reflecting operational efficiency, strategic competitiveness, and financial health.

Shares Outstanding

Shares outstanding refer to the total number of shares a company has issued. It's instrumental in calculating key metrics like Earnings Per Share (EPS) which is pivotal for investors to evaluate a company’s profitability on a per-share basis, offering a more granular view of financial health and valuation.

Interpreting Year to Year Comparison

Comparing yearly data allows investors to identify trends, assess the company’s growth, and anticipate potential future performance. Analyzing how metrics like revenue, income, and margins change year over year can provide valuable insights into the company’s operational efficiency, competitiveness, and overall financial health.

Expectations and Predictions

Investors often juxtapose the current and past financial data with the market’s expectations. This comparison aids in assessing whether the Morningstar is performing as anticipated, underperforming or outperforming the market predictions, providing pivotal data for investment decisions.

 
ASSETSCASH BALANCE (M)RECEIVABLES (M)OTHER REC. (M)INVENTORIES (M)OTHER CURRENT LIAB. (M)CURRENT ASSETS (M)TANGIBLE ASSETS (M)LONG-T. INVEST. (M)LONG-T. REC. (M)INTANGIBLE ASSETS (M)GOODWILL (B)OTHER NON-CURRENT ASSETS (M)NON-CURRENT ASSETS (B)TOTAL ASSETS (B)LIABILITIESCOMMON STOCK (M)ADDITIONAL PAID-IN CAPITAL (M)RETAINED EARNINGS (B)OTHER EQUITY (M)UNREAL. GAINS/LOSSES (M)EQUITY (B)LIABILITIES (M)PROVISIONS (M)OTHER SHORT-TERM LIAB. (M)SHORT-TERM DEBTS (M)LONG-TERM DEBT PORTION (M)SHORT-TERM REC. (M)LONG-T. LIAB. (B)DEFERRED TAXES (M)OTHER LIAB. (M)LONG-T. LIABILITIES (B)DEBT (B)TOTAL CAPITAL (B)
2002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
                                           
64.876.295.5153.2163.8258.6297.6342.6365.4470.2321.4298.6224.6248.6304353.3395.9367.5464.2546.1414.6389
19.822.233.747.565.286.889.582.3110.9113.3114.4114.1136.7139.3145.8148.2187205.4226.2300.1348.6385.8
0000099.25.610.57.514.2400001.86.32.28.900.6
0000000000000000000000
8.86.46.65.58.613.217.413.720.521.124.630.329.52222.228.316.92437.432.547.640.3
93.4104.8135.8206.2237.6367.6413.7444.2507.3612.1474.6447390.8409.9472529.8601.6603.2730887.6810.8815.7
15.317.617.517.415.919.158.859.862.168.284105117.6134.5152.1147.4143.5299.5302.8321391371.6
15.713.914.716.418.719.920.424.124.327.635.338.728.835.640.36263.159.632.663.396100.2
000000000000000010.313.518.531.135.429.3
01.91.67.372.895.8119.8135.5169139.8116.7103.995.974.2120.995.473.9333.4380.1328.2548.6484.4
0.010.010.010.020.090.130.190.250.320.320.320.330.370.360.560.560.561.041.211.211.571.58
24.828.129.431.616.318.93.96.165.910.49.77.110.68.86.24.722.62724.521.323.4
0.060.080.080.090.210.280.390.480.580.560.570.580.620.620.880.880.851.771.971.982.662.59
0.160.180.210.30.450.650.80.921.091.171.041.031.011.031.351.411.452.372.72.863.473.4
                                           
0000000000000000000000
127.8139.2148.1226.6268.7332.2390.4428.1458.4491.4521.3539.5561.1575.5584601621.7655671.3689757.8789
-0.08-0.09-0.08-0.0500.070.160.240.320.410.50.590.640.740.860.961.111.221.391.531.541.61
4.6-0.51.31.12.97.6-16.4-0.34.51.98.94.6-25.1-53.5-81.3-47.9-74.5-63-25.7-40.8-99-86.4
00-0.1-0.100.10.50.40.6-0.30.80.60.3-1.1-0.21.3-0.52.43.75.50-0.1
0.050.050.070.180.270.410.540.670.790.91.031.141.181.261.361.511.661.812.042.182.192.31
15.319.412.113.72122.330.130.542.741.443.842.134.339.244.649.254.458.964.576.576.278.4
16.924.936.126.540.964.77348.962.473.167.371.480.580.971.792109.5173.3209.1310.1257.4250.8
51.159.170.775.7105.6130.8130.4128.1147.6156.1146.3156149149.3178.6182198.9252.6352.9396.9516.8519.5
000000000000303500000000
0.26.6000000000000000110032.132.1
83.5110118.9115.9167.5217.8233.5207.5252.7270.6257.4269.5293.8304.4294.9323.2362.8495.8626.5783.5882.5880.8
0.0100000000000000.250.180.070.50.450.361.080.94
0000007.514.62015.921.623.81719.838.223.622.295108.9101.762.935.6
14.725.530.16.81123.22731.232.228.536.146.145.164.2717464.1194.4240.1202.2244.8218.9
0.020.030.030.010.010.020.030.050.050.040.060.070.060.080.360.280.160.790.80.661.391.19
0.10.140.150.120.180.240.270.250.30.320.320.340.360.390.650.60.521.291.421.452.272.08
0.160.180.220.30.450.650.810.921.091.221.341.481.531.652.022.112.183.13.463.634.464.39
Details

Balance Sheet

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Understanding the Balance Sheet

The balance sheet of Morningstar provides a detailed financial snapshot, revealing the company's assets, liabilities, and equity at a specific point in time. Analyzing these components is crucial for investors looking to understand Morningstar's financial health and stability.

Assets

Morningstar's assets represent everything the company owns or controls that has monetary value. These are categorized into current and non-current assets, offering insights into the company's liquidity and long-term investments.

Liabilities

Liabilities are obligations that Morningstar must settle in the future. Analyzing the ratio of liabilities to assets provides insights into the company's financial leverage and risk exposure.

Equity

Equity refers to the residual interest in the assets of Morningstar after deducting liabilities. It represents the owners’ claim on the company’s assets and earnings.

Year-to-Year Analysis

Comparing balance sheet figures year-to-year allows investors to identify trends, growth patterns, and potential financial risks, facilitating informed investment decisions.

Interpreting the Data

Detailed analysis of assets, liabilities, and equity can provide investors with comprehensive insights into Morningstar's financial standing, aiding in investment evaluations and risk assessments.

 
NET INCOME (M)DEPRECIATION (M)DEFERRED TAXES (M)CHANGES IN WORKING CAPITAL (M)NON-CASH ITEM (M)PAID INTEREST (M)PAID TAXES (M)NET CASH FLOW FROM OPERATING ACTIVITIES (M)CAPITAL EXPENDITURES (M)CASH FLOW FROM INVESTING ACTIVITIES (M)CASH FLOW FROM OTHER INVESTING ACTIVITIES (M)INTEREST INCOME AND EXPENSES (M)NET DEBT CHANGE (M)NET CHANGE IN EQUITY (M)CASH FLOW FROM FINANCING ACTIVITIES (M)CASH FLOW FROM OTHER FINANCING ACTIVITIES (M)TOTAL DIVIDENDS PAID (M)NET CHANGE IN CASH FLOW (M)FREE CASH FLOW (M)SHARE-BASED COMPENSATION (M)
20012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
-90-118315173908286981081237813216113618315222319370141
5578815212632394243455464709196117139150166184
-50200-3-111-20-46-1324-14-1-6-6-12-37-32
-1930-3433937-13-322-1915-112652318413863-1228
58571411-7-10-414142126182529-13364973259619347
0000000000000001531111102858
00061992719383738474030505847676358807573
-51629324898112149101123165146186132238213250314334384449297316
-5-6-8-7-7-4-11-48-12-14-23-30-33-58-57-62-66-76-80-76-101-129-119
31-29-22-16-129-102-179-174-87-11080-14-31-79-274-60-49-746-123-167-799-81
97-21-15-9-124-91-130-162-73-871101827-22-211526-666-47-65-66937
00000000000000000000000
0-20-6000000000305215-70-110444-63-90750-137
-100025202223165-32-247-149-70-93-48-42-20-4-40-1-226-1
-1-20-6253452502512-32-265-166-71-124123-157-188373-182-211415-278
0000013302787970-1-3-5-6-15-18-27-66-48-75
0000000000-10-25-17-30-33-37-39-42-47-51-54-61-63
-216045636314-434920-3641721524961-358861-107-38
-11.110.521.125.240.994101.1100.888.9108.6141.7116153.173.9181.6150.9183.5238.7254.4307.6348.1168.3197.3
00000000000000000000000

Morningstar stock margins

The Morningstar margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Morningstar. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Morningstar.

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Gross margin
EBIT margin
Profit margin
Details

Margin

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Understanding Gross Margin

The gross margin, expressed as a percentage, delineates the gross profit made from the Morningstar's sales revenue. A higher gross margin percentage indicates that the Morningstar retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.

EBIT Margin Analysis

EBIT margin represents the Morningstar's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.

Revenue Margin Insights

The revenue margin demonstrates the Morningstar's total revenue generated. When comparing the revenue margin year over year, investors can gauge the Morningstar's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.

Interpreting Expectations

The expected values for gross, EBIT, and revenue margins provide future financial outlook of the Morningstar. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.

Comparative Analysis

Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the Morningstar's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.

Morningstar Margin History

Morningstar Gross marginMorningstar Profit marginMorningstar EBIT marginMorningstar Profit margin
2027e58.62 %21.33 %15.85 %
2026e58.62 %21.43 %15.59 %
2025e58.62 %19.29 %14.28 %
2024e58.62 %17.49 %13.82 %
202358.62 %11.31 %6.92 %
202258.34 %8.97 %3.77 %
202158.9 %15.12 %11.38 %
202062.7 %18.23 %16.09 %
201959.02 %16.08 %12.89 %
201859.69 %21.16 %17.94 %
201757.6 %18.62 %15.02 %
201656.89 %22.64 %20.16 %
201558.15 %24.16 %16.81 %
201458.07 %21.92 %10.3 %
201361.12 %24.45 %17.69 %
201270.32 %22.89 %16.41 %
201171.16 %21.92 %15.54 %
201071.71 %21.8 %15.48 %
200973.15 %26.03 %17.14 %
200874.11 %27.64 %17.83 %
200773.85 %26.96 %16.98 %
200672.4 %24.59 %16.43 %
200571.64 %20.48 %13.69 %
200469.5 %9.85 %4.9 %

Morningstar Stock Sales Revenue, EBIT, Earnings per Share

The Morningstar earnings per share therefore indicates how much revenue Morningstar has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

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Sales per Share
EBIT per share
Earnings per Share
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Revenue, EBIT and Earnings per share

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Revenue Per Share

Revenue per share represents the total revenue Morningstar earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates Morningstar's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of Morningstar’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating Morningstar's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

Morningstar Revenue, EBIT and net profit per share

DateMorningstar Sales per ShareMorningstar EBIT per shareMorningstar Earnings per Share
2027e70.54 undefined0 undefined11.18 undefined
2026e62.21 undefined0 undefined9.7 undefined
2025e57.26 undefined0 undefined8.18 undefined
2024e53.01 undefined0 undefined7.32 undefined
202347.52 undefined5.38 undefined3.29 undefined
202243.6 undefined3.91 undefined1.64 undefined
202139.15 undefined5.92 undefined4.45 undefined
202032.16 undefined5.86 undefined5.18 undefined
201927.29 undefined4.39 undefined3.52 undefined
201823.72 undefined5.02 undefined4.26 undefined
201721.2 undefined3.95 undefined3.18 undefined
201618.44 undefined4.18 undefined3.72 undefined
201517.81 undefined4.3 undefined2.99 undefined
201416.93 undefined3.71 undefined1.74 undefined
201315.02 undefined3.67 undefined2.66 undefined
201213.41 undefined3.07 undefined2.2 undefined
201112.38 undefined2.71 undefined1.92 undefined
201010.98 undefined2.39 undefined1.7 undefined
20099.62 undefined2.5 undefined1.65 undefined
200810.21 undefined2.82 undefined1.82 undefined
20079.03 undefined2.43 undefined1.53 undefined
20066.75 undefined1.66 undefined1.11 undefined
20055.1 undefined1.04 undefined0.7 undefined
20044.29 undefined0.42 undefined0.21 undefined

Morningstar business model

Morningstar Inc is an international provider of financial data, investment research, and software solutions. The company was founded in 1984 and is headquartered in Chicago, Illinois. Morningstar's history began with the goal of democratizing asset management. The founders, Joe Mansueto and Brian D. Singerman, believed that every investor should have access to the same information and ratings as Wall Street professionals. Morningstar initially provided investment research products to banks and investment companies but quickly started selling directly to individual investors. The breakthrough came in the late 1980s when Morningstar introduced the star rating system, which rates investment funds based on their performance and risks from 1 to 5 stars, with 5 being the highest rating. Today, the star rating system is a globally recognized measure of the quality of investment funds. Morningstar continued to grow in the 1990s, expanding its product offerings to include data and analysis on stocks and bonds, Morningstar Analyst Ratings, Morningstar Quantitative Ratings, and more. The company also launched its own family of investment funds in 1995, which is now known as Morningstar Investment Management. Today, Morningstar is one of the largest providers of financial information worldwide, operating in 27 countries and employing over 6,000 people. The various divisions of Morningstar offer a wide range of products and services, including investment research, software platforms for institutional investors and financial advisors, investment management services, and financial data. Morningstar is one of the most popular companies on Eulerpool.com.

Morningstar SWOT Analysis

Strengths

Morningstar Inc offers a vast array of investment products, including mutual funds, exchange-traded funds, and alternative investments. This wide range of choices attracts a diverse client base and increases revenue opportunities.

Morningstar Inc has established itself as a reputable and trusted player in the financial industry. Its comprehensive research and analysis tools are highly regarded among investors and financial professionals, enhancing its competitive advantage.

With operations in multiple countries, Morningstar Inc enjoys a strong international presence. This global reach helps the company access new markets, diversify its revenue streams, and mitigate risks associated with regional economic fluctuations.

Weaknesses

Morningstar Inc's performance is heavily influenced by market conditions. During economic downturns, investors may reduce their spending on investment research and related services, leading to a decline in the company's revenue.

The emergence of technology giants, like Google and Yahoo, in the financial information sector poses a threat to Morningstar Inc's market share. These companies have the resources to develop competitive financial tools and analytics platforms.

Opportunities

The increasing interest in Environmental, Social, and Governance (ESG) investments presents an opportunity for Morningstar Inc to expand its product offering and capture market share. Developing ESG-focused research and rating tools can attract socially-conscious investors.

As emerging markets continue to grow, Morningstar Inc can seize the opportunity to expand its presence in these regions. Providing tailored research and analysis for specific emerging market segments can drive revenue growth.

Threats

Changes in regulations related to financial services or investment research can impact Morningstar Inc's operations. Compliance with new rules may require significant adjustments and increase costs, affecting profitability.

As a provider of financial information and analysis tools, Morningstar Inc faces the constant risk of data breaches or cyberattacks. Protecting customer data and maintaining data privacy are crucial to maintaining trust and credibility.

Morningstar Revenue by Segment

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Details

Revenue by Segment

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Overview of Revenue by Segment

The chart visualizes revenues by segments and provides a clear overview of the revenue distribution. Each segment is clearly marked to facilitate comparisons of revenues.

Interpretation and Use

The chart enables quick identification of the highest-revenue segments, which is helpful in strategic decision-making. It supports the analysis of growth potentials and targeted resource allocation.

Investment Strategy

An investment strategy determines how capital is deliberately invested into various asset classes to maximize returns. It is based on risk tolerance, investment objectives, and a long-term plan.

Morningstar Revenue by Segment

Segmente202320122011
License-based1.52 B USD--
Asset-based279.6 M USD--
Transaction-based241.5 M USD--
Asset-based Revenue---
Licensed-based Revenue---
Investment Management---
Investment Information---
Morningstar Data and Analytics Segment747.2 M USD--
PitchBook Segment551.9 M USD--
Morningstar Credit Segment215.4 M USD--
Corporate and Other183.7 M USD--
Investment Information-529.98 M USD500.91 M USD
Investment Management-128.3 M USD130.49 M USD
Morningstar Wealth Segment229.9 M USD--
Morningstar Retirement Segment110.5 M USD--
Corporate Elimination---

Morningstar Revenue by Region

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Revenue by Segment

ⓘ

Overview of Revenue by Region

The chart shows revenues by region and provides a clear comparison of regional revenue distribution. Each region is clearly marked to illustrate the differences.

Interpretation and Usage

The diagram helps to identify the regions with the highest revenue and to make targeted decisions for regional expansion or investments. It supports the analysis of market potentials and strategic priorities.

Investment Strategy

An investment strategy focused on regions concentrates on the deliberate capital allocation in different markets to optimally use regional growth opportunities. It takes into account market conditions and regional risk factors.

Morningstar Revenue by Segment

DateAsiaAsia, Excluding JapanAustraliaAUSTRALIACanadaCANADAEurope excluding the United KingdomEurope, excluding the United KingdomJapanNon United StatesOther CountriesSegment, Geographical, Group of Other CountriesUnited KingdomUNITED KINGDOMUnited States
202141.1 M USD--56.9 M USD-112.9 M USD159.1 M USD--515 M USD-9.3 M USD-135.7 M USD1.18 B USD
2017-21.2 M USD34.6 M USD-29.4 M USD-69.9 M USD--224.7 M USD4.9 M USD-64.7 M USD-687 M USD
2016-20 M USD32.2 M USD-28.2 M USD-62.6 M USD--208.1 M USD4 M USD-61.1 M USD-590.5 M USD
2015-18.5 M USD30.5 M USD-27.9 M USD-58.8 M USD--203.7 M USD3.8 M USD-64.2 M USD-585.1 M USD
2014-15.83 M USD34.98 M USD-30.79 M USD-62.68 M USD--209.33 M USD3.21 M USD-61.84 M USD-550.74 M USD
2013-13.86 M USD35.29 M USD-31.85 M USD-57.58 M USD---2.66 M USD-56.3 M USD-500.73 M USD
2012-9.93 M USD38.23 M USD-30.66 M USD--49.84 M USD3.83 M USD191.34 M USD2.05 M USD-56.79 M USD-466.95 M USD
2011-9.24 M USD39.76 M USD-27.81 M USD--49.51 M USD3.95 M USD184.93 M USD1.24 M USD-53.43 M USD-446.47 M USD

Morningstar Eulerpool Fair Value

Details

Fair Value

ⓘ

Understanding Fair Value

The fair value of a stock provides insights into whether the stock is currently undervalued or overvalued. It is calculated based on profit, revenue, or dividends and offers a comprehensive perspective of the stock’s intrinsic value.

Income-Based Fair Value

This is calculated by multiplying the earnings per share by the average P/E ratio of the selected past years for smoothing. If the fair value is higher than the current market price, it suggests that the stock is undervalued.

Example 2022

Fair Value Profit 2022 = Earnings per Share 2022 / Average P/E Ratio 2019 - 2021 (3 Years Smoothing)

Revenue-Based Fair Value

It is derived by multiplying the revenue per share by the average price-to-sales ratio of the selected past years for smoothing. An undervalued stock is identified if the fair value exceeds the ongoing market price.

Example 2022

Fair Value Revenue 2022 = Revenue per Share 2022 / Average PSR 2019 - 2021 (3 Years Smoothing)

Dividend-Based Fair Value

This value is determined by dividing the dividend per share by the average dividend yield of the selected past years for smoothing. A higher fair value than the market price indicates an undervalued stock.

Example 2022

Fair Value Dividend 2022 = Dividend per Share 2022 * Average Dividend Yield 2019 - 2021 (3 Years Smoothing)

Expectations and Forecasts

Future expectations provide potential trajectories for stock prices and aid investors in decision-making. The expected values are forecasted figures of fair value, taking into account the growth or decline trends of profit, revenue, or dividend.

Comparative Analysis

Comparing the fair value based on profit, revenue, and dividend provides a holistic overview of the stock’s financial health. Observing the annual and per-annual variations contributes to understanding the consistency and reliability of stock performance.

Morningstar historical P/E ratio, EBIT, and P/S ratio.

Morningstar shares outstanding

The number of shares was Morningstar in 2023 — This indicates how many shares 42.9 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

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Number of stocks
Details

Revenue, EBIT and Earnings per share

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Revenue Per Share

Revenue per share represents the total revenue Morningstar earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates Morningstar's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of Morningstar’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating Morningstar's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

Morningstar dividend history and estimates

In 2023, Morningstar paid a dividend amounting to 1.88 USD. Dividend means that Morningstar distributes a portion of its profits to its owners.

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Dividend (Estimate)
Details

Dividend

ⓘ

Dividend Overview

The dividend per year chart for Morningstar provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Morningstar’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Morningstar's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Morningstar Dividend History

DateMorningstar Dividend
2027e1.92 undefined
2026e1.93 undefined
2025e1.92 undefined
2024e1.93 undefined
20231.88 undefined
20221.44 undefined
20210.95 undefined
20201.52 undefined
20191.12 undefined
20181 undefined
20170.92 undefined
20160.88 undefined
20150.76 undefined
20140.68 undefined
20130.5 undefined
20120.53 undefined
20110.15 undefined
20100.05 undefined

Morningstar dividend payout ratio

In 2023, Morningstar had a payout ratio of 46.1%. The payout ratio indicates the percentage of the company's profits that Morningstar distributes as dividends.

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Payout ratio

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What is Yearly Payout Ratio?

The yearly payout ratio for Morningstar represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Morningstar could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Morningstar's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Morningstar Payout Ratio History

DateMorningstar Payout ratio
2027e55.6 %
2026e53.23 %
2025e61.87 %
2024e51.71 %
202346.1 %
202287.8 %
202121.24 %
202029.25 %
201931.82 %
201823.53 %
201728.93 %
201623.66 %
201525.42 %
201439.08 %
201318.8 %
201223.97 %
20117.81 %
20102.94 %
200946.1 %
200846.1 %
200746.1 %
200646.1 %
200546.1 %
200446.1 %
Unfortunately, there are currently no price targets and forecasts available for Morningstar.

Morningstar latest earnings and earnings surprises

DateEPS EstimateEPS ActualQuarterly report
6/30/20240 2.01  (0 %)2024 Q2
3/31/20240 1.73  (0 %)2024 Q1
12/31/20230 1.97  (0 %)2023 Q4
9/30/20230 1.28  (0 %)2023 Q3
6/30/20230 1.6  (0 %)2023 Q2
3/31/20230 0.56  (0 %)2023 Q1
12/31/20220 0.58  (0 %)2022 Q4
3/31/20170.71 0.42  (-41.18 %)2017 Q1
12/31/20160.79 2.32  (195.39 %)2016 Q4
9/30/20160.79 0.7  (-10.87 %)2016 Q3
1
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Eulerpool ESG Scorecard© for the Morningstar stock

Eulerpool World ESG Rating (EESG©)

88/ 100

🌱 Environment

80

👫 Social

99

🏛️ Governance

84

Environment

Scope 1 - Direct Emissions
321
Scope 2 - Indirect emissions from purchased energy
5,288
Scope 3 - Indirect emissions within the value chain
4,115
Total CO₂ emissions
5,609
CO₂ reduction strategy
✅
Coal energy
❌
Nuclear power
❌
Animal experiments
❌
Fur & Leather
—
Pesticides
—
Palm Oil
—
Tobacco
❌
Genetically modified organisms
❌
Climate concept
—
Sustainable forestry
—
Recycling regulations
❌
Environmentally friendly packaging
❌
Hazardous substances
❌
Fuel consumption and efficiency
❌
Water consumption and efficiency
✅

Social

Percentage of female employees40
Percentage of women in management—
Percentage of Asian employees22
Share of Asian management21
Percentage of Hispanic/Latino employees5
Hispano/Latino Management share5
Percentage of Black employees5
Black Management Share3
Percentage of white employees65
White Management Share68
Adult content❌
Alcohol❌
Weapons—
Firearms
❌
Gambling❌
Military contracts❌
Human rights concept✅
Privacy concept—
Occupational health and safety✅
Catholic✅

Governance (Corporate Governance)

Environmental reporting✅
Stakeholder Engagement❌
Call Back Policies❌
Antitrust law❌

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Morningstar list of shareholders

%
Name
Stocks
Change
Date
6.96552 % Select Equity Group, L.P.2,984,027-614,88112/31/2023
6.00200 % The Vanguard Group, Inc.2,571,25524,16712/31/2023
5.09304 % BlackRock Institutional Trust Company, N.A.2,181,85711,80112/31/2023
4.10392 % Atlanta Capital Management Company, L.L.C.1,758,121-7,59912/31/2023
36.89229 % Mansueto (Joseph D)15,804,659-60,7043/12/2024
3.08695 % Baron Capital Management, Inc.1,322,451-4,15712/31/2023
2.90982 % Kayne Anderson Rudnick Investment Management, LLC1,246,569-6,09212/31/2023
2.79161 % Bank of America Corp1,195,926-1,017,82312/31/2023
2.76739 % BofA Global Research (US)1,185,550-1,85412/31/2023
2.50973 % MFS Investment Management1,075,16967,92312/31/2023
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Morningstar Executives and Management Board

Mr. Kunal Kapoor47
Morningstar Chief Executive Officer, Director (since 2009)
Compensation 6.31 M
Mr. Jason Dubinsky49
Morningstar Chief Financial Officer
Compensation 2.23 M
Mr. Danny Dunn47
Morningstar Chief Revenue Officer
Compensation 1.71 M
Ms. Cheryl Francis69
Morningstar Independent Director
Compensation 309,243
Dr. Steven Kaplan63
Morningstar Independent Director
Compensation 299,243
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Morningstar Supply Chain

NameRelationshipTwo-week correlationOne-month correlationThree-Month CorrelationSix-Month CorrelationOne Year CorrelationTwo-Year Correlation
Credito Valtellinese SCARL Stock
Credito Valtellinese SCARL
SupplierCustomer-----0,81
Tremor International Stock
Tremor International
SupplierCustomer0,840,800,790,46-0,180,72
FactSet Stock
FactSet
SupplierCustomer0,660,930,970,930,880,73
Atlassian A Stock
Atlassian A
SupplierCustomer0,600,920,920,910,660,83
Uzabase Stock
Uzabase
SupplierCustomer0,580,830,830,90-0,09-0,48
Morningstar Japan Stock
Morningstar Japan
SupplierCustomer0,500,800,820,750,580,79
iPic Entertainment Stock
iPic Entertainment
SupplierCustomer0,380,700,660,670,73-
Intapp Stock
Intapp
SupplierCustomer0,280,720,420,30--
HWA Hong Stock
HWA Hong
SupplierCustomer0,23-0,18-0,100,330,35-
Verizon Communications Stock
Verizon Communications
SupplierCustomer0,140,570,46-0,05-0,43-0,65
1
2

Most common questions regarding Morningstar

What values and corporate philosophy does Morningstar represent?

Morningstar Inc represents a strong commitment to investors' success through its core values and corporate philosophy. The company believes in providing independent financial research, insights, and tools to empower individuals to make well-informed investment decisions. Morningstar Inc focuses on delivering transparency, integrity, and innovation in its services, aiming to enhance investors' trust in the financial industry. By prioritizing long-term thinking, unbiased analysis, and diligent research, Morningstar Inc strives to create value for its clients and help them achieve their financial goals. Through its comprehensive range of products and services, Morningstar Inc is dedicated to being a trusted partner for investors worldwide.

In which countries and regions is Morningstar primarily present?

Morningstar Inc is primarily present in countries and regions worldwide, including the United States, Europe, Asia-Pacific, and Latin America. With a global presence, Morningstar offers financial data, research, and investment advisory services, catering to individuals, financial advisors, and institutional clients in these regions. Morningstar's comprehensive product offerings and investment solutions have made them a prominent player in the financial industry globally.

What significant milestones has the company Morningstar achieved?

Morningstar Inc, a renowned investment research firm, has achieved several significant milestones throughout its history. The company pioneered the concept of independent investment research, empowering individual investors with access to unbiased, reliable financial information. Morningstar Inc introduced the Morningstar Rating™, a widely recognized measure of mutual fund performance, helping investors make informed decisions. It also launched Morningstar Direct™, a platform that enables investment professionals to efficiently analyze and monitor portfolios. Morningstar Inc expanded globally, establishing its presence in various countries, fueling its mission to empower investor success worldwide. This commitment to innovation and dedication to providing valuable insights have propelled Morningstar Inc's reputation as a trusted and influential player in the financial industry.

What is the history and background of the company Morningstar?

Morningstar Inc is a leading provider of independent investment research. Established in 1984, Morningstar has become a trusted source of information for investors worldwide. The company offers an extensive range of products and services, including investment data, analysis, ratings, and the popular Morningstar Rating for funds. Known for its rigorous methodology and objective approach, Morningstar helps investors make informed decisions by providing in-depth research and insights. Over the years, Morningstar has expanded its offerings and acquired several companies to enhance its capabilities. With a strong emphasis on transparency and integrity, Morningstar continues to be a go-to platform for investors seeking reliable investment information.

Who are the main competitors of Morningstar in the market?

Morningstar Inc faces competition in the market from several major players. Some of its main competitors include S&P Global Inc, FactSet Research Systems Inc, and MSCI Inc. These companies are also renowned for their provision of financial data, ratings, and investment research services. However, Morningstar Inc differentiates itself through its comprehensive investment management platform, research tools, and its highly-regarded Morningstar Rating system, which evaluates mutual funds based on risk-adjusted returns. With its strong brand presence and innovative offerings, Morningstar Inc continues to navigate the market while keeping its competitors in check.

In which industries is Morningstar primarily active?

Morningstar Inc is primarily active in the financial services industry.

What is the business model of Morningstar?

Morningstar Inc is a renowned financial services firm that provides investment research and data to individuals and institutions worldwide. Morningstar's business model primarily revolves around offering independent investment analyses, ratings, and advice to assist investors in making informed decisions. With a focus on empowering investors, the company offers a range of services, including investment management, asset allocation, and portfolio construction tools. Morningstar also operates as a trusted source of information on mutual funds, stocks, exchange-traded funds (ETFs), and other investment options. Through its comprehensive research, Morningstar Inc aims to enable investors to navigate the complexities of the financial market efficiently.

What is the P/E ratio of Morningstar 2024?

The Morningstar P/E ratio is 43.37.

What is the P/S ratio of Morningstar 2024?

The Morningstar P/S ratio is 5.99.

What is the AlleAktien quality score of Morningstar?

The AlleAktien quality score for Morningstar is 6/10.

What is the revenue of Morningstar 2024?

The expected Morningstar revenue is 2.27 B USD.

How high is the profit of Morningstar 2024?

The expected Morningstar profit is 313.74 M USD.

What is the business model of Morningstar

Morningstar Inc is an independent provider of investment research, whose goal is to help investors make better decisions about their investments. The company was founded in 1984 and is headquartered in Chicago, USA. It is listed on the Nasdaq stock exchange under the symbol MORN. Morningstar has several business segments tailored to the needs of investors. The core of the business model is to provide data and analysis to assist investors in selecting investment products. The company offers reports and ratings on investment funds, stocks, bonds, and other investment instruments. An important division of Morningstar is the research division. Here, the company provides basic analysis, ratings, and reports on investment funds. This helps investors find the right funds for their investment goals. Morningstar's research team consists of experienced analysts capable of understanding and conveying complex relationships in the financial industry. Another important business segment of Morningstar is the software division. The company offers a variety of applications for financial advisors and investors to help them manage portfolios and analyze investments. One of the main products is the Morningstar Direct platform, which provides a wide range of data and analysis to assist clients in portfolio construction. The third major division of Morningstar is the media division. This division comprises a variety of publishing activities, including a range of print and online publications. The most notable publications are the Morningstar Magazine, the Morningstar.com website, and the Morningstar columns by founder Joe Mansueto. Morningstar also has a variety of data providers that supply the company's comprehensive database with up-to-date information. This information includes financial data from companies, governments, and other major institutions. The company uses this data to create reflective and informed analysis of investment products. Over the years, Morningstar has established itself as a trusted source of information and analysis in the financial industry. The company has also expanded its business activities to international markets and operates in many countries, including the United Kingdom, France, Germany, and Japan. In summary, Morningstar's business model aims to provide investors with high-quality information and analysis to assist them in selecting investment products. The company has several business segments, including research, software, and media, as well as an extensive database of data providers. Morningstar's global presence and expertise in the financial industry have made it a preferred destination for investors worldwide.

What is the Morningstar dividend?

Morningstar pays a dividend of 1.44 USD distributed over 3 payouts per year.

How often does Morningstar pay dividends?

Morningstar pays out a dividend 3 times a year.

What is the Morningstar ISIN?

The ISIN of Morningstar is US6177001095.

What is the Morningstar WKN?

The WKN of Morningstar is A0EADM.

What is the Morningstar ticker?

The ticker of Morningstar is MORN.

How much dividend does Morningstar pay?

Over the past 12 months, Morningstar paid a dividend of 1.88 USD . This corresponds to a dividend yield of about 0.59 %. For the coming 12 months, Morningstar is expected to pay a dividend of 1.92 USD.

What is the dividend yield of Morningstar?

The current dividend yield of Morningstar is 0.59 %.

When does Morningstar pay dividends?

Morningstar pays a quarterly dividend. This is distributed in the months of August, August, November, November.

How secure is the dividend of Morningstar?

Morningstar paid dividends every year for the past 18 years.

What is the dividend of Morningstar?

For the upcoming 12 months, dividends amounting to 1.92 USD are expected. This corresponds to a dividend yield of 0.6 %.

In which sector is Morningstar located?

Morningstar is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Morningstar kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Morningstar from 10/31/2024 amounting to 0.405 USD, you needed to have the stock in your portfolio before the ex-date on 10/4/2024.

When did Morningstar pay the last dividend?

The last dividend was paid out on 10/31/2024.

What was the dividend of Morningstar in the year 2023?

In the year 2023, Morningstar distributed 1.44 USD as dividends.

In which currency does Morningstar pay out the dividend?

The dividends of Morningstar are distributed in USD.

All fundamentals about Morningstar

Our stock analysis for Morningstar Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Morningstar Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.