Valuation: Morningstar, Inc.

Market Cap 6.56B 5.77B 5.36B 4.92B 9.24B 632B 9.39B 63.67B 24.87B 311B 24.64B 24.11B 1,075B P/E 2026 *
16.6x
P/E 2027 * 14.4x
Enterprise Value 7.54B 6.63B 6.16B 5.65B 10.63B 727B 10.79B 73.18B 28.59B 357B 28.32B 27.71B 1,235B EV / Sales 2026 *
2.87x
EV / Sales 2027 * 2.61x
Free-Float
35.04%
Yield 2026 *
1.17%
Yield 2027 * 1.28%
1 day+3.01%
1 week+0.08%
Current month+10.63%
1 month+21.69%
3 months-2.08%
6 months-18.16%
Current year-20.57%
1 week 163.33
Extreme 163.33
173.14
1 month 153.18
Extreme 153.18
178.54
Current year 141.49
Extreme 141.49
221.22
1 year 141.49
Extreme 141.49
289.63
3 years 141.49
Extreme 141.49
365
5 years 141.49
Extreme 141.49
365
10 years 67.74
Extreme 67.74
365
Manager TitleAgeSince
Chief Executive Officer 50 31/12/2016
Director of Finance/CFO 46 31/12/2024
Chief Tech/Sci/R&D Officer 57 -
Director TitleAgeSince
Chairman 69 15/05/1984
Director/Board Member 72 30/06/2002
Director/Board Member 66 31/12/1998
Date Insider Type Main position Quantity % Market Cap.
27/05/26 Sell

Director

-700 0.0018%
22/05/26 Sell

Founder

-2,270 0.0060%
20/05/26 Sell

Founder

-7,250 0.0191%
Change 5-day change 1-year change 3-year change Capi.($)
+3.01%+0.08%-37.92%-20.22% 6.56B
+3.35%+0.92%-32.35%-8.87% 32.38B
-4.04%-2.69%-44.97%+2.56% 2.23B
+4.21%-3.38%-25.02%+0.40% 1.21B
+0.64%+0.32%+19.32%-71.62% 373M
+3.05%+21.12%+213.40%-53.55% 303M
-10.80%-10.38%+142.04%+161.71% 148M
Average -0.08%+1.40%+33.50%+1.49% 6.17B
Weighted average by Cap. +2.87%+0.47%-30.87%-10.01%

Financials

2026 *2027 *
Net sales 2.63B 2.31B 2.15B 1.97B 3.7B 253B 3.76B 25.47B 9.95B 124B 9.86B 9.65B 430B 2.78B 2.44B 2.27B 2.08B 3.91B 267B 3.97B 26.93B 10.52B 131B 10.42B 10.2B 454B
Net income 401M 352M 328M 301M 565M 38.64B 574M 3.89B 1.52B 19B 1.51B 1.47B 65.68B 452M 397M 369M 339M 636M 43.52B 646M 4.38B 1.71B 21.39B 1.7B 1.66B 73.97B
Net Debt 981M 861M 801M 735M 1.38B 94.45B 1.4B 9.51B 3.72B 46.43B 3.68B 3.6B 161B 680M 597M 556M 510M 958M 65.5B 973M 6.6B 2.58B 32.2B 2.55B 2.5B 111B
Logo Morningstar, Inc.
Morningstar, Inc. is a provider of independent investment insights. The Company's segments include Morningstar Direct Platform, PitchBook, Morningstar Credit, Morningstar Wealth, and Morningstar Retirement. The Morningstar Direct Platform provides investors with data, research and insights, and investment analysis to empower investment decision-making. The PitchBook provides investors with access to data, research, analytics, and artificial intelligence (AI) enabled software across private capital markets, including venture capital, private equity, private credit, bank loans, and mergers & acquisitions (M&A). Morningstar Credit provides investors with credit ratings, research, data, and credit analytics solutions. Morningstar Wealth provides investment products, investor tools, and an advisor platform powered by research and data. The Morningstar Retirement offers products designed to help individuals reach retirement goals.
Employees
10,973
Date Price Change Volume
24/07/26 US$172.61 +3.01% 438,207
23/07/26 US$167.57 +0.44% 424,792
22/07/26 US$166.83 +0.68% 283,403
21/07/26 US$165.70 -3.53% 479,697
20/07/26 US$171.76 -0.42% 228,273
Trader
Investor
Global
Quality
ESG MSCI
BBB
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
172.61USD
Average target price
226.00USD
Spread / Average Target
+30.93%

Quarterly revenue - Rate of surprise

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