MORN
NASDAQ · Financial Services
Morningstar Inc
$153.41
-0.27 (-0.18%)
Financial Highlights (FY 2026)
Revenue
2.20B
Net Income
337.21M
Gross Margin
61.0%
Profit Margin
15.3%
Rev Growth
+9.3%
D/E Ratio
0.88
Revenue & Net Income
Margin Trends
| FY 2026 | FY 2025 | FY 2024 | FY 2023 | |
|---|---|---|---|---|
| Gross Margin | 61.0% | 61.0% | 51.7% | 51.7% |
| Operating Margin | 21.5% | 19.4% | 46.7% | 44.6% |
| Profit Margin | 15.3% | 14.5% | 29.2% | 30.7% |
Income Statement
| FY 2026 | FY 2025 | FY 2024 | FY 2023 | |
|---|---|---|---|---|
| Revenue | 2.20B | 2.02B | 1.05B | 946.28M |
| Gross Profit | 1.34B | 1.23B | 542.48M | 489.17M |
| Operating Income | 474.46M | 390.54M | 489.72M | 422.09M |
| Net Income | 337.21M | 277.56M | 306.06M | 290.30M |
| Gross Margin | 61.0% | 61.0% | 51.7% | 51.7% |
| Operating Margin | 21.5% | 19.4% | 46.7% | 44.6% |
| Profit Margin | 15.3% | 14.5% | 29.2% | 30.7% |
| Rev Growth | +9.3% | +9.3% | -1.4% | +24.5% |
Balance Sheet
| FY 2026 | FY 2025 | FY 2024 | FY 2023 | |
|---|---|---|---|---|
| Total Debt | 1.37B | 1.37B | 2.56B | 2.55B |
| Total Equity | 1.56B | 1.56B | 3.90B | 3.45B |
| D/E Ratio | 0.88 | 0.88 | 0.66 | 0.74 |
Cash Flow
| FY 2026 | FY 2025 | FY 2024 | FY 2023 | |
|---|---|---|---|---|
| EBITDA | 645.67M | 560.99M | 705.15M | 617.33M |
| Free Cash Flow | — | — | 405.20M | 423.30M |