Morningstar, Inc. (MORN) Financials

MORN Assets vs Liabilities
DateAssetsLiabilities
June 30, 2026 3.9 billion 2.9 billion
March 31, 2026 4.0 billion 3.0 billion
Dec. 31, 2025 3.6 billion 2.4 billion
Sept. 30, 2025 3.6 billion 2.0 billion

MORN Free Cash Flow and Stock based compensation
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DateFree Cash FlowStock based compensation
June 30, 2026 122.5 million 27.3 million
March 31, 2026 53.6 million 10.8 million
Dec. 31, 2025 161.3 million 10.3 million
Sept. 30, 2025 160.1 million 18.6 million

MORN Net Income
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DateNet Income
June 30, 2026 107.8 million
March 31, 2026 107.1 million
Dec. 31, 2025 115.1 million
Sept. 30, 2025 91.6 million

MORN Cash and Debt
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DateCashDebtCapital Lease
June 30, 2026 523.8 million 1.7 billion 191.5 million
March 31, 2026 532.2 million 1.7 billion 193.7 million
Dec. 31, 2025 528.7 million 1.2 billion 188.5 million
Sept. 30, 2025 514.5 million 848.9 million 193.7 million

MORN Shares Outstanding
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DateShares Outstanding
June 30, 2026 38.1 million
March 31, 2026 39.3 million
Dec. 31, 2025 40.7 million
Sept. 30, 2025 42.6 million

MORN Expenses
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DateCapexR&DG&AS&M
June 30, 2026 33.2 million - 216.6 million 118.1 million
March 31, 2026 37.9 million - 199.2 million 115.2 million
Dec. 31, 2025 42.7 million - 208.8 million 119.2 million
Sept. 30, 2025 35.6 million - 201.4 million 115.5 million

MORN Cost of Revenue
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DateRevenueCost of Revenue
June 30, 2026 663.2 million 239.3 million
March 31, 2026 644.8 million 238.9 million
Dec. 31, 2025 641.1 million 249.2 million
Sept. 30, 2025 617.4 million 241.7 million

MORN Revenue by Segment
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MORN

Price: $209.86

52 week price:
141.49
266.05

Dividend Yield: 0.97%

5-year range yield:
0.46%
0.97%

Forward Dividend Yield: 0.91%

Payout Ratio: 28.32%

Payout Ratio Range:
-209.21%
463.64%

Dividend Per Share: 2.00 USD

Earnings Per Share: 10.51 USD

P/E Ratio: 18.93

Exchange: NMS

Sector: Financial Services

Industry: Financial Data & Stock Exchanges

Country: United States

Volume: 47700

Ebitda: 306.5 million

Market Capitalization: 7.5 billion

Average Dividend Frequency: 4

Years Paying Dividends: 17

DGR3: 8.17%

DGR5: 8.76%

DGR10: 9.20%

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