What is Morningstar, Inc.'s (MORN) StockRank?

MoatMap's StockRank for Morningstar, Inc. (MORN) is 60/100, with a Hold signal. This is a composite score combining Quality (72), Value (26), and Momentum (55) factor ranks across MoatMap's 20,000+ stock universe.

Does Morningstar, Inc. have an economic moat?

Morningstar, Inc. (MORN) has a Quality factor score of 72/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the financial characteristics of a moated business.

Is Morningstar, Inc. a buy, hold, or sell?

MoatMap's current signal for Morningstar, Inc. (MORN) is Hold, based on a StockRank of 60/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.

What sector is Morningstar, Inc. in?

Morningstar, Inc. (MORN) operates in the Financial Services sector, specifically the Financial Data & Stock Exchanges industry (United States).

Company Deep Dive

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MORN

Hold

Morningstar, Inc. · Financial Services · United States · $8.2B · Avg Vol: $81M/d

StockRank

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P/E (TTM)

20.2x

ROE

32.0%

D/E

1.9x

Dividend %

0.9%

COMPANY DESCRIPTION

Morningstar, Inc. is a leading global provider of independent investment research, offering comprehensive data, analysis, and ratings on a wide spectrum of investment offerings, alongside investment management and software solutions. The company's competitive moat is built on its trusted brand reputation, extensive proprietary financial data, and widely adopted investment methodologies that are integral to client decision-making. Morningstar serves a diverse clientele from individual investors to large institutions, establishing itself as a premier source for investment insights.

FINANCIAL SUMMARY (USD)

Year	2022	2023	2024	2025	CAGR	TTM	2026E	2027E	Fwd CAGR
Revenue	1.9B	2.0B	2.3B	2.4B	9.3%	2.6B	2.6B	2.8B	7.0%
EPS	1.65	3.31	8.64	8.93	75.6%	10.51	11.15	12.62	18.9%
Shares	42.5M	42.7M	42.9M	39.7M	-6.4%	37.5M	—	—	—
Debt	1.3B	1.2B	904.0M	1.3B	-1.6%	1.9B	—	—	—
Equity	1.2B	1.3B	1.6B	1.2B	0.4%	—	—	—	—
Op CF	297.8M	316.4M	591.6M	589.7M	25.6%	646.9M	—	—	—
Inv CF	-799.3M	-81.9M	-21.3M	-139.3M	—	—	—	—	—
Fin CF	415.1M	-278.4M	-384.4M	-514.7M	—	—	—	—	—

Loading 1Y...

PRICE (1Y)+26.7%

SMA 50SMA 200

$217.65

RSI (14)

68.6

52W High

$262.59

From 52W High

0.8%

SCORE BREAKDOWN

Quality

ROIC

21.2%94.5

ROE

32.0%94.3

GP/Assets

44.5%94.9

Op. Margin

24.2%42.5

FCF/Assets

12.6%91.5

Piotroski

658.1

Int. Cover

13.5x56.6

D/E Ratio

1.86x17.1

Current Ratio

1.06x33.2

Value

P/E (TTM)

20.2x22.8

EV/EBITDA

13.7x28.3

P/FCF

18.0x31.9

P/B

7.8x6.3

P/S

3.1x59.1

Div Yield

0.9%7.2

Momentum

52W High %

83%27.5

RS 6M

7%70.3

SMA 50/200

0.98x25.3

EPS Rev 4W

+3.6%77.6

EPS Rev 12W

+5.3%84.8

EPS Improve

+33%65.1

Q Growth

21%54.8

FUNDAMENTALS

Market Cap

$8.2B

P/E (Forward)

15.2x

Gross Margin

62.2%

SECTOR PEERS

Closest peers in Financial Services, ranked by industry match, size, and score similarity. Cross-listings of MORN are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
MORN	Morningstar, Inc.(you)	$8.2B	60	Hold
FDS	FactSet Research Systems Inc.	$11.0B	58	Hold
TRU	TransUnion	$16.4B	51	Hold
CBOE	Cboe Global Markets, Inc.	$32.4B	51	Hold
NDAQ	Nasdaq, Inc.	$55.5B	59	Hold
MSCI	MSCI Inc.	$41.5B	42	Hold
MCO	Moody's Corporation	$89.2B	52	Hold
ICE.MX	Intercontinental Exchange, Inc.	$89.8B	49	Hold
COIN.MX	Coinbase Global, Inc.	$47.5B	25	Sell
SPGI.MX	S&P Global Inc.	$127.7B	44	Hold

Peer medians: ROE 9.7% · P/E 13.1x · Gross margin 100.0%

Morningstar, Inc. (MORN): Stock Score Summary

Morningstar, Inc. (MORN) has a MoatMap StockRank of 60/100 based on Quality (72/100), Value (26/100), and Momentum (55/100) factor scores. The current signal is HOLD.

Key Financial Metrics

Price	$217.65
Market Cap	$8.2B
P/E (TTM)	20.21
P/E (Forward)	15.24
Price/Book	7.78
Return on Equity	32.0%
Return on Invested Capital	21.2%
Debt/Equity	1.86x
Gross Margin	62.2%
Operating Margin	24.2%
Revenue Growth	9.6%
Dividend Yield	0.9%
Free Cash Flow	$453M

Morningstar, Inc. operates in the Financial Data & Stock Exchanges industry, part of the Financial Services sector (United States).

Frequently Asked Questions

What is Morningstar, Inc.’s (MORN) StockRank?: MoatMap’s StockRank for Morningstar, Inc. (MORN) is 60/100, with a Hold signal. It is a composite of Quality (72), Value (26), and Momentum (55) factor ranks across MoatMap’s 20,000+ stock universe.
Does Morningstar, Inc. have an economic moat?: Morningstar, Inc. (MORN) has a Quality factor score of 72/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Morningstar, Inc. a buy, hold, or sell?: MoatMap’s current signal for Morningstar, Inc. (MORN) is Hold, based on a StockRank of 60/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is Morningstar, Inc. in?: Morningstar, Inc. (MORN) operates in the Financial Services sector, specifically the Financial Data & Stock Exchanges industry (United States).

Morningstar (MORN): When Founders Turn Aggressive on Buybacks, We Sit Up and Listen

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