Morningstar, Inc. Website

Morningstar, Inc.

NasdaqGS-MORN

Basic

  • Market Cap

    $13.06B

  • EV

    $13.78B

  • Shares Out

    42.75M

  • Revenue

    $2,101.7M

  • Employees

    11,334

Margins

  • Gross

    59.9%

  • EBITDA

    19.26%

  • Operating

    14.21%

  • Pre-Tax

    12.31%

  • Net

    10.13%

  • FCF

    12.51%

Returns (5Yr Avg)

  • ROA

    6.33%

  • ROTA

    18.55%

  • ROE

    13.28%

  • ROCE

    11.44%

  • ROIC

    7.49%

Valuation (TTM)

  • P/E

  • P/B

  • EV/Sales

  • EV/EBITDA

  • P/FCF

  • EV/Gross Profit

Valuation (NTM)

  • Price Target

    $340

  • P/E

  • PEG

  • EV/Sales

  • EV/EBITDA

  • P/FCF

Financial Health

  • Cash

    $409.1M

  • Net Debt

    $718.8M

  • Debt/Equity

    0.82

  • EBIT/Interest

    4.96

Growth (CAGR)

  • Rev 3Yr

    12.96%

  • Rev 5Yr

    15.21%

  • Rev 10Yr

    11.45%

  • Dil EPS 3Yr

    -5.71%

  • Dil EPS 5Yr

    4.14%

  • Dil EPS 10Yr

    6.59%

  • Rev Fwd 2Yr

    9.81%

  • EBITDA Fwd 2Yr

    21.59%

  • EPS Fwd 2Yr

    28.01%

  • EPS LT Growth Est

    17%

Dividends

  • Yield

  • Payout

    31.15%

  • DPS

    $1.56

  • DPS Growth 3Yr

    7.84%

  • DPS Growth 5Yr

    7.97%

  • DPS Growth 10Yr

    10.18%

  • DPS Growth Fwd 2Yr

    15.18%

Select a metric from the list below to chart it

Dec '14

Dec '15

Dec '16

Dec '17

Dec '18

Dec '19

Dec '20

Dec '21

Dec '22

Dec '23

LTM

Dec '24 (E)

Dec '25 (E)

Dec '26 (E)

Total Revenues

1,179

1,389.5

1,699.3

1,870.6

2,038.6

2,101.7

Total Revenues % Chg.

15.6%

17.9%

22.3%

10.1%

9%

11%

Cost of Goods Sold, Total

483.1

556.4

698.4

779.3

843.5

842.8

Gross Profit

695.9

833.1

1,000.9

1,091.3

1,195.1

1,258.9

Selling General & Admin Expenses, Total

388.6

478.4

593.2

731

779.6

772.9

Depreciation & Amortization

117.7

139.5

150.7

166.6

184.9

187.3

Other Operating Expenses, Total

506.3

617.9

743.9

897.6

964.5

960.2

Operating Income

189.6

215.2

257

193.7

230.6

298.7

Interest Expense, Total

-8.7

-9.5

-8.7

-30.1

-60.7

-60.2

Interest And Investment Income

1.7

9

10.3

Net Interest Expenses

-8.7

-9.5

-8.7

-28.4

-51.7

-49.9

Income (Loss) On Equity Invest.

-0.9

0.3

5.4

-3.6

-19.2

42

Currency Exchange Gains (Loss)

-3.1

-5.7

-3.7

-6.7

11.5

11.5

Other Non Operating Income (Expenses)

0.8

EBT, Excl. Unusual Items

176.9

200.3

250

155

171.2

303.1

Restructuring Charges

-25.9

Gain (Loss) On Sale Of Investments

20.7

83

5.9

-2.1

2.9

-44.3

Gain (Loss) On Sale Of Assets

Legal Settlements

EBT, Incl. Unusual Items

197.6

283.3

255.9

127

174.1

258.8

Income Tax Expense

45.6

59.7

62.6

56.5

33

45.9

Earnings From Continuing Operations

152

223.6

193.3

70.5

141.1

212.9

Minority Interest

Net Income

152

223.6

193.3

70.5

141.1

212.9

Net Income to Common Incl Extra Items

152

223.6

193.3

70.5

141.1

212.9

Net Income to Common Excl. Extra Items

152

223.6

193.3

70.5

141.1

212.9

Total Shares Outstanding

42.8

42.9

43.1

42.5

42.7

42.7

Weighted Avg. Shares Outstanding

42.7

42.9

43

42.6

42.6

42.7

Weighted Avg. Shares Outstanding Dil

43.2

43.2

43.4

42.9

42.9

43

EPS

3.6

5.2

4.5

1.7

3.3

5

EPS Diluted

3.5

5.2

4.5

1.6

3.3

4.9

EBITDA

246.2

300.8

347.8

296

334.3

404.8

Effective Tax Rate

23.1%

21.1%

24.5%

44.5%

19%

17.7%