Company Deep Dive
Read the full research report: business segments breakdown, earnings transcripts review, management credibility analysis, competitive landscape, and scenarios.
MORN
HOLDMorningstar, Inc. · Financial Services · United States · $5.9B · Avg Vol: $81M/d
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% | 2.5B | 2.6B | 2.8B | 6.5% |
| EPS | 1.65 | 3.31 | 8.64 | 8.93 | 75.6% | 9.82 | 10.80 | 12.18 | 16.8% |
| Shares | 42.5M | 42.7M | 42.9M | 39.7M | -6.4% | 38.0M | — | — | — |
| 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% | 590.2M | — | — | — |
| Inv CF | -799.3M | -81.9M | -21.3M | -139.3M | — | — | — | — | — |
| Fin CF | 415.1M | -278.4M | -384.4M | -514.7M | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
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) | $5.9B | 42 | HOLD |
| FDS | FactSet Research Systems Inc. | $8.4B | 43 | HOLD |
| TRU | TransUnion | $13.6B | 47 | HOLD |
| NDAQ | Nasdaq, Inc. | $44.4B | 38 | HOLD |
| CBOE | Cboe Global Markets, Inc. | $25.3B | 63 | HOLD |
| ICE.MX | Intercontinental Exchange, Inc. | $70.8B | 46 | HOLD |
| MCO | Moody's Corporation | $78.6B | 38 | HOLD |
| MSCI | MSCI Inc. | $40.4B | 60 | HOLD |
| CME.MX | CME Group Inc. | $81.1B | 49 | HOLD |
| COIN.MX | Coinbase Global, Inc. | $39.4B | 17 | STRONG SELL |
Peer medians: ROE 10.1% · P/E 13.9x · Gross margin 0.0%