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XNAS
MORN
Market cap7.61bUSD
Oct 08, Last price  
202.74USD
1D
1.04%
1Q
22.74%
Jan 2017
175.61%
IPO
838.61%
Name

Morningstar Inc

Chart & performance

D1W1MN
XNAS:MORN chart
P/E
20.32
P/S
3.11
EPS
9.98
Div yield, %
0.90%
Shrs. gr., 5y
-0.47%
Rev. gr., 5y
11.97%
Revenues
2.45b
+7.49%
315,175,000435,107,000502,457,000478,996,000555,351,000631,400,000658,288,000698,300,000760,100,000788,800,000798,600,000911,700,0001,019,900,0001,179,000,0001,389,500,0001,699,300,0001,870,600,0002,038,600,0002,275,100,0002,445,500,000
Net income
374m
+1.16%
51,762,00073,922,00092,532,00082,456,00086,370,00098,357,000108,079,000123,500,00078,300,000132,600,000161,000,000136,900,000183,000,000152,000,000223,600,000193,300,00070,500,000141,100,000369,900,000374,200,000
CFO
590m
-0.32%
98,677,000112,368,000152,446,00096,182,000123,620,000164,976,000145,996,000186,658,000132,221,000241,500,000213,700,000250,100,000314,800,000334,400,000384,300,000449,900,000297,800,000316,400,000591,600,000589,700,000
Dividend
Jan 02, 20260.5 USD/sh

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Profile

Morningstar, Inc. operates as a leading global provider of independent investment research and insights, catering to clients across North America, Europe, Australia, and Asia. The firm delivers a comprehensive range of services, including sophisticated web-based analytical tools, extensive investment data, and specialized research focusing on fundamental equity, manager selection, and private capital markets. Additionally, Morningstar offers credit and fund ratings, ESG (environmental, social, and governance) ratings, and index solutions. Its product suite also encompasses various investment offerings, such as managed portfolios, data on both publicly traded and private companies, fixed income securities, and real-time global market information. These services are designed to serve a diverse client base, including financial advisors, asset management companies, retirement plan administrators and sponsors, alongside individual and institutional investors. Among its key offerings are: Morningstar Data: A vast repository of investment intelligence, encompassing equity fundamentals, managed investments, ESG factors, and market data. Morningstar Direct: An advanced platform built for in-depth investment analysis. Morningstar Managed Portfolios: A model portfolio service tailored for independent financial advisors, also providing asset allocation strategies for asset managers, broker/dealers, and insurance providers. Morningstar Advisor Workstation: A web-based platform enabling research, financial planning, and the generation of proposals. Morningstar.com: The company's dedicated online portal for individual investors. Furthermore, Morningstar provides Morningstar Enterprise Components and Morningstar Credit Ratings, which offer issuance and surveillance capabilities for structured finance products, corporate credit evaluations, and operational risk assessments. It also creates Morningstar Indexes for developing specialized investment products and offers workplace solutions, including retirement accounts, fiduciary services, allocation funds, and custom models. Through its PitchBook Platform, the company provides a robust research and analysis workstation for investment and research professionals, supplemented by a mobile application, an Excel plug-in, data feeds, and various data solutions. Morningstar, Inc. was founded in 1984 and has its corporate headquarters situated in Chicago, Illinois.

Related entities

Subsidiaries (21)
MORNINGSTAR ASSOCIATES INC.
MORNINGSTAR INVESTMENT MANAGEMENT AUSTRALIA LIMITED
Morningstar Investment Management Europe Limited
MORNINGSTAR INVESTMENT MANAGEMENT LLC
Morningstar Sweden AB
PITCHBOOK DATA, INC.
Sustainalytics B.V.
DBRS LIMITED
DBRS RATINGS GMBH
DBRS RATINGS LIMITED
DBRS Ratings Pty Limited
DBRS, INC.
MORNINGSTAR DANMARK A/S
Morningstar Deutschland GmbH
MORNINGSTAR INDIA PRIVATE LIMITED
Morningstar Investment Management South Africa (Pty) Ltd
MORNINGSTAR NORGE AS
MORNINGSTAR REAL-TIME DATA LIMITED
Morningstar Switzerland GmbH
MORNINGSTAR UK LIMITED
Managed funds
MORNINGSTAR ALTERNATIVES FUND

Key people

Michael Holt
Chief Financial Officer · since 2025
Conan Wiersema
Principal Accounting Officer · since 2024
Joe Mansueto
Executive Chairman of the Board · since 2017
Daniel Dunn
Chief Revenue Officer · since 2017
Julie Willoughby
Chief Revenue Officer · since 2025
Director · since 2026
Kunal Kapoor
Chief Executive Officer, Director · since 2017
Robin Diamonte
Independent Director · since 2015
Independent Director · since 2002
Stephen Joynt
Independent Director · since 2022
Steven Kaplan
Independent Director · since 1999
Gail Landis
Independent Director · since 2013
Independent Director · since 2007
Independent Director · since 2021
Independent Director · since 2017
IPO date
May 03, 2005
Employees
12,126
Domiciled in
US
Incorporated in
US
Legal address
C/O C T CORPORATION SYSTEM
208 SO LASALLE ST
SUITE 814
CHICAGO, IL 60604-1101
US
Headquarters
22 West Washington Street
Chicago, IL 60602
US
Previous name
MUTUAL FUND SOURCEBOOK, INC.

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