Morningstar, Inc. financial data

Symbol
MORN on Nasdaq
Location
22 West Washington Street, Chicago, IL
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2025 - Jul 31, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 111 % +13.9%
Operating Margin 22.3 % +32.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 42.2M shares -1.54%
Common Stock, Shares, Outstanding 42.2M shares -1.54%
Entity Public Float 8B USD +56.9%
Common Stock, Value, Issued 0 USD
Weighted Average Number of Shares Outstanding, Basic 42.2M shares -1.4%
Weighted Average Number of Shares Outstanding, Diluted 42.5M shares -1.39%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 2.35B USD +8.23%
Revenue from Contract with Customer, Excluding Assessed Tax 2.35B USD +8.23%
Selling and Marketing Expense 457M USD +8.24%
General and Administrative Expense 325M USD -5.03%
Costs and Expenses 1.89B USD +4.76%
Operating Income (Loss) 523M USD +43.1%
Nonoperating Income (Expense) 16.9M USD +54.7%
Income Tax Expense (Benefit) 117M USD +64.4%
Earnings Per Share, Basic 9 USD/shares +64.7%
Earnings Per Share, Diluted 9 USD/shares +64.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 503M USD +48.8%
Marketable Securities, Current 38.1M USD -20.6%
Accounts Receivable, after Allowance for Credit Loss, Current 384M USD +14.2%
Other Assets, Current 10.8M USD -25%
Assets, Current 1.04B USD +19%
Deferred Income Tax Assets, Net 51.9M USD +114%
Property, Plant and Equipment, Net 226M USD +7.28%
Operating Lease, Right-of-Use Asset 165M USD +11.1%
Goodwill 1.62B USD +3.1%
Other Assets, Noncurrent 8.7M USD +17.6%
Assets 3.63B USD +6.67%
Employee-related Liabilities, Current 180M USD +8%
Contract with Customer, Liability, Current 616M USD +7.71%
Liabilities, Current 921M USD +9.98%
Contract with Customer, Liability, Noncurrent 22.4M USD -14.8%
Deferred Income Tax Liabilities, Net 29.9M USD -1.65%
Operating Lease, Liability, Noncurrent 156M USD +14.1%
Other Liabilities, Noncurrent 13.7M USD -26.3%
Liabilities 2.02B USD +2.35%
Accumulated Other Comprehensive Income (Loss), Net of Tax -60.7M USD +38.4%
Retained Earnings (Accumulated Deficit) 2.04B USD +19.2%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1.61B USD +12.6%
Liabilities and Equity 3.63B USD +6.67%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 91M USD -2.78%
Net Cash Provided by (Used in) Financing Activities -24.1M USD +44.6%
Net Cash Provided by (Used in) Investing Activities -70.7M USD -165%
Common Stock, Shares Authorized 200M shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 8.8M USD -44.3%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 504M USD +28.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities 6.4M USD -44.3%
Operating Lease, Liability 195M USD +15.8%
Depreciation 33.2M USD +5.4%
Payments to Acquire Property, Plant, and Equipment 32.2M USD -5.57%
Lessee, Operating Lease, Liability, to be Paid 226M USD +19.7%
Property, Plant and Equipment, Gross 1.01B USD +9.5%
Operating Lease, Liability, Current 39.3M USD +22.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 46.2M USD +26.6%
Lessee, Operating Lease, Liability, to be Paid, Year One 24.5M USD +16.1%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 30.6M USD +52.2%
Lessee, Operating Lease, Liability, to be Paid, Year Three 39.3M USD +1.03%
Unrecognized Tax Benefits 12.3M USD -10.9%
Lessee, Operating Lease, Liability, to be Paid, Year Four 32.9M USD +5.11%
Operating Lease, Payments 42.6M USD -4.27%
Amortization of Intangible Assets 59M USD -16.3%
Depreciation, Depletion and Amortization 190M USD +0.26%
Deferred Tax Assets, Net of Valuation Allowance 221M USD +20%
Share-based Payment Arrangement, Expense 56.6M USD +10.1%