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MO

Morningstar, Inc. (MORN)

NASDAQ • Financial Services

$193.15
-$4.93 (-2.5%)
Market closed

Last close at September 10, 2026 at 20:00 UTC

Open$198.34
Day Range$192.63 - $199.53
Avg. Volume (3M)289.6K
Market Cap$7.3B
P/E Ratio18.2
52 Week Range
$141.49$261.37
Next EarningsIn 48 daysOct 28, 2026

Metrics Over Time

Where the Money Goes

Q2 2026
Revenueeverything earned$663.2M100%
Gross Profitminus cost of goods$423.9M64%
Operating Incomeminus R&D and overhead$160.6M24%
Net Incomeminus taxes and the rest$107.8M16%

In plain terms: out of every $100 in revenue, Morningstar, Inc. keeps $16 as net profit.

Fundamentals & Financials

Revenue (TTM)
$2.5B
Net Income (TTM)
$421.6M
EPS (TTM)
$10.61
ROA (TTM)
10.69%
Current Ratio
1.06
Dividend Yield
0.32%

TTM is calculated as the sum of the four most recently completed quarters. This is a standard approach when monthly or real-time data is not available.

Earnings

+14.8%Q1 2026$2.71
+32.0%Q2 2026$3.18
+9.5%Q3 2026$3.1
Next

Oct 28

in 48 daysQ4 2026

% — EPS deviation from the forecast (beat / miss); quarters without a forecast show the reported EPS

Latest report — Q3 2026
Beat +9.5%

Morningstar topped expectations on both the top and bottom line in the second fiscal quarter of 2026, reported July 29, as revenue of $663.2 million against a $649.7 million estimate, +2.1%, and adjusted EPS of $3.10 against a $2.83 estimate, +9.5%. Net income came in at about $107.8 million, up from $89.0 million a year ago, while operating income reached roughly $160.6 million and operating margin held near 24%. The company also returned cash through about $100.0 million of stock repurchases and roughly $19.0 million in dividends. For the next period, consensus calls for EPS of $2.97 and revenue of $657.3 million.

View full earnings history

About Morningstar, Inc.

Morningstar, Inc. trades on the NASDAQ as MORN and operates in financial information and market-data services, providing research, ratings, indexes, portfolio tools, and investment platforms for institutions and individuals across professional and self-directed investing markets. The company generated $2.4 billion of revenue in FY2025.

Name
Morningstar, Inc.
CEO
Kunal Kapoor
Website
www.morningstar.com
Industry
Financial Services
Year Founded
1984
Employees
10,973

Today's Snapshot

AI-generated

MORN closed 2.5% below yesterday's close, while its sector was flat.

Trading Volume

Below 10d avg (305.3K)

260.8K

vs S&P 500 Today

Underperforming Market

-1.92%

Updated: September 10, 2026 at 20:03 UTC

Technical Indicators

2 Buy2 Neutral4 Sell
MORN's sell rating reflects weakening momentum and intraday pressure despite mixed longer-term averages. Momentum measures are negative with RSI below 40 and a deeply negative CCI, while MACD is mildly positive but not confirming strength. The stock trades below short-term moving averages and beneath VWAP and pivot levels, which act as nearby resistance, whereas several longer-term averages remain supportive, producing a mixed trend profile. ADX indicates only moderate trend strength and ATR shows moderate volatility, while OBV is negative, implying weak buying interest. Technical takeaway: short-term momentum and volume weaknesses keep the bias tilted toward sell.
All signals
  • EMA (5 indicators)$190.26 - $205.92
    Sell
  • RSI (14)39.70
    Neutral
  • Stochastic %K (14, 3, 3)6.73
    Buy
  • MACD Level (12, 26)1.94
    Neutral

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