MORN
Neutral signalScored 2026-08-07 Drivers: fundamentals. Moteurs : fondamentaux.
Research, not advice.
À propos
Morningstar, Inc.
- Nom
- Morningstar, Inc.
- Secteur
- Financial Services
- Industrie
- Financial - Data & Stock Exchanges
- Bourse
- NASDAQ
- Capitalisation
- $8.4B
- Employés
- 10,973
- PDG
- Kunal Kapoor
- Site web
- https://www.morningstar.com
- Marché
- FDSICEMCOMSCISPGIVALU
Morningstar, Inc. operates as a leading global provider of independent investment research and insights, catering to clients across North America, Europe, Australia, and Asia. The firm delivers a comprehensive range of services, including sophisticated web-based analytical tools, extensive investment data, and specialized research focusing on fundamental equity, manager selection, and private capital markets. Additionally, Morningstar offers credit and fund ratings, ESG (environmental, social, and governance) ratings, and index solutions. Its product suite also encompasses various investment offerings, such as managed portfolios, data on both publicly traded and private companies, fixed income securities, and real-time global market information. These services are designed to serve a diverse client base, including financial advisors, asset management companies, retirement plan administrators and sponsors, alongside individual and institutional investors. Among its key offerings are: Morningstar Data: A vast repository of investment intelligence, encompassing equity fundamentals, managed investments, ESG factors, and market data. Morningstar Direct: An advanced platform built for in-depth investment analysis. Morningstar Managed Portfolios: A model portfolio service tailored for independent financial advisors, also providing asset allocation strategies for asset managers, broker/dealers, and insurance providers. Morningstar Advisor Workstation: A web-based platform enabling research, financial planning, and the generation of proposals. Morningstar.com: The company's dedicated online portal for individual investors. Furthermore, Morningstar provides Morningstar Enterprise Components and Morningstar Credit Ratings, which offer issuance and surveillance capabilities for structured finance products, corporate credit evaluations, and operational risk assessments. It also creates Morningstar Indexes for developing specialized investment products and offers workplace solutions, including retirement accounts, fiduciary services, allocation funds, and custom models. Through its PitchBook Platform, the company provides a robust research and analysis workstation for investment and research professionals, supplemented by a mobile application, an Excel plug-in, data feeds, and various data solutions. Morningstar, Inc. was founded in 1984 and has its corporate headquarters situated in Chicago, Illinois.
Price (1 year)
Live chart from TradingView — independent market data, as price context around the filings, not the Quorum score. EMA 50/200 and Bollinger load by default. When the exchange is known it is sent as EXCHANGE:SYMBOL; otherwise TradingView resolves the ticker best-effort.
VENTE TOTALE: 101 000 titres (~20 606 355,93 $ US)
- Insiders
- Mansueto Joseph DLyons William M
- Total bought
-
—
Avg buy (VWAP, 90d window) —
- Total sold
-
$3,282,389
Avg sell (VWAP, 90d window) $203.57 vs last close —
Total sold sums Form 4 code S in this window. Codes F, M, A and G are left out.
$3,083,389 of that total is under a Rule 10b5-1 plan. It is shown here and left out of the score.
- Last activity
- 2026-08-24
- Last synced
-
2026-08-30 10:16:45
Sign in to request a sync of this company's price history and timing levels.
Insider holdings as a share of total assets aren't available for this company.
Avg buy and avg sell are volume-weighted prices (sum of shares × price, divided by shares) for Form 4 rows in this 90-day window that report both figures. A comparison with last close is market context for that average, not advice.
Recent Form 4
Filings in the 90-day window for this company. Value is shares × price from the filing. Research, not advice.
| Date | Person | Side | Shares | Price | Value | Form 4 |
|---|---|---|---|---|---|---|
| 2026-08-24 | Mansueto Joseph D | Sell · S · 10b5-1 | 226 | $221.12 | $49,973 | Form 4 |
| 2026-08-21 | Mansueto Joseph D | Sell · S · 10b5-1 | 268 | $217.57 | $58,308 | Form 4 |
| 2026-08-20 | Mansueto Joseph D | Sell · S · 10b5-1 | 501 | $217.13 | $108,784 | Form 4 |
| 2026-08-19 | Mansueto Joseph D | Sell · S · 10b5-1 | 369 | $215.93 | $79,677 | Form 4 |
| 2026-08-18 | Mansueto Joseph D | Sell · S · 10b5-1 | 656 | $212.53 | $139,422 | Form 4 |
| 2026-08-17 | Mansueto Joseph D | Sell · S · 10b5-1 | 1,501 | $207.81 | $311,927 | Form 4 |
| 2026-08-14 | Mansueto Joseph D | Sell · S · 10b5-1 | 277 | $209.38 | $57,999 | Form 4 |
| 2026-08-13 | Mansueto Joseph D | Sell · S · 10b5-1 | 178 | $206.78 | $36,808 | Form 4 |
| 2026-08-12 | Mansueto Joseph D | Sell · S · 10b5-1 | 26 | $197.63 | $5,138 | Form 4 |
| 2026-08-11 | Mansueto Joseph D | Sell · S · 10b5-1 | 974 | $200.32 | $195,108 | Form 4 |
| 2026-08-10 | Mansueto Joseph D | Sell · S · 10b5-1 | 7,250 | $201.84 | $1,463,370 | Form 4 |
| 2026-08-07 | Mansueto Joseph D | Sell · S · 10b5-1 | 506 | $201.53 | $101,974 | Form 4 |
| 2026-08-06 | Mansueto Joseph D | Sell · S · 10b5-1 | 2,272 | $198.38 | $450,730 | Form 4 |
| 2026-08-05 | Mansueto Joseph D | Sell · S · 10b5-1 | 30 | $202.51 | $6,075 | Form 4 |
| 2026-08-04 | Mansueto Joseph D | Sell · S · 10b5-1 | 64 | $201.15 | $12,874 | Form 4 |
| 2026-08-03 | Mansueto Joseph D | Sell · S · 10b5-1 | 26 | $200.87 | $5,223 | Form 4 |
| 2026-08-03 | Lyons William M | Sell · S | 1,000 | $199.00 | $199,000 | Form 4 |
Sales marked 10b5-1 are scheduled in advance and don't count toward the Quorum score. Les ventes marquées 10b5-1 sont planifiées à l'avance et ne pèsent pas dans le score Quorum.
Congressional trades
STOCK Act disclosures (90-day window)
Amounts are STOCK Act brackets as disclosed. Quorum does not turn a bracket into an exact price or a midpoint.
No STOCK Act disclosures for this company in this window.
Recent trades
| Date | Representative | Type | Amount |
|---|---|---|---|
| 2026-05-06 | April Delaney | Sale | $1,001 - $15,000 |
| 2026-05-04 | April Delaney | Sale | $1,001 - $15,000 |
| 2026-04-30 | April Delaney | Sale | $1,001 - $15,000 |
| 2026-04-17 | April Delaney | Sale | $1,001 - $15,000 |
| 2026-04-16 | April Delaney | Sale | $1,001 - $15,000 |
| 2026-02-25 | April Delaney | Sale | $1,001 - $15,000 |
| 2026-02-19 | April Delaney | Sale | $1,001 - $15,000 |
| 2026-02-06 | April Delaney | Sale | $1,001 - $15,000 |
| 2026-01-15 | April Delaney | Sale | $1,001 - $15,000 |
| 2025-08-04 | Lisa McClain | Sale | $1,001 - $15,000 |
| 2025-08-02 | April Delaney | Purchase | $15,001 - $50,000 |
| 2025-07-22 | Lisa McClain | Purchase | $1,001 - $15,000 |
Signal
Neutral signalScored 2026-08-07 Drivers: fundamentals. Moteurs : fondamentaux.
MORN shows a genuine fundamental recovery with rebounding margins and positive cash generation, but the financial structure remains fragile with a current ratio below 1.0 and rising leverage.
The first sentence of the analysis written for MORN on 2026-08-07 - a real excerpt, not a sample. The rest of it, the 0-100 score and the rating it produced are part of Plus. See plans.
Factor checklist — research, not advice
A check leans with a bullish reading. A cross leans against it. A dash is unavailable or mixed.
- Insider Pulls against a bullish reading. Selling cluster — sale value, no purchase value
- Congress Unavailable or mixed. No purchase disclosures in the stored window
- Narrative Pulls against a bullish reading. Stored narrative reading is in the bearish band
- Timing Unavailable or mixed. No stored price series
- Financial indicators Unavailable or mixed. Current ratio 0.99 · operating margin 22% — readings disagree
Market snapshot
Financial ratios
| Metric | Trend | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|---|
| Gross Profit Margin | 61.0% | 60.6% | 58.6% | 58.3% | 58.9% | |
| Ebit Margin | 22.0% | 23.8% | 11.4% | 8.5% | 15.3% | |
| Ebitda Margin | 29.8% | 32.2% | 20.5% | 17.4% | 24.1% | |
| Operating Profit Margin | 21.5% | 21.3% | 11.3% | 9.0% | 15.1% | |
| Pretax Profit Margin | 20.3% | 20.8% | 8.5% | 6.8% | 15.1% | |
| Continuous Operations Profit Margin | 15.3% | 16.3% | 6.9% | 3.8% | 11.4% | |
| Net Profit Margin | 15.3% | 16.3% | 6.9% | 3.8% | 11.4% | |
| Bottom Line Profit Margin | 15.3% | 16.3% | 6.9% | 3.8% | 11.4% | |
| Current Ratio | 0.985 | 1.048 | 0.926 | 0.919 | 1.133 | |
| Quick Ratio | 0.985 | 1.048 | 0.926 | 0.919 | 1.133 | |
| Solvency Ratio | 0.238 | 0.290 | 0.157 | 0.105 | 0.238 | |
| Cash Ratio | 0.450 | 0.520 | 0.384 | 0.427 | 0.617 | |
| Price To Earnings Ratio | 24.335 | 38.977 | 86.477 | 131.267 | 75.998 | |
| Price To Earnings Growth Ratio | 7.250 | 0.242 | 0.860 | -2.073 | -5.510 | |
| Forward Price To Earnings Growth Ratio | 7.250 | 0.242 | 0.860 | -2.073 | -5.510 | |
| Price To Earnings Diluted Ratio | 24.499 | 39.249 | 87.003 | 132.067 | 76.852 | |
| Price To Earnings Diluted Growth Ratio | 7.248 | 0.244 | 0.865 | -2.091 | -5.453 | |
| Price To Book Ratio | 7.452 | 8.905 | 9.183 | 7.644 | 10.386 | |
| Price To Sales Ratio | 3.723 | 6.335 | 5.981 | 4.932 | 8.654 | |
| Price To Free Cash Flow Ratio | 20.572 | 32.108 | 61.803 | 54.823 | 42.245 | |
| Price To Operating Cash Flow Ratio | 15.441 | 24.363 | 38.539 | 30.983 | 32.686 | |
| Debt To Assets Ratio | 0.392 | 0.255 | 0.341 | 0.381 | 0.186 | |
| Debt To Equity Ratio | 1.152 | 0.559 | 0.874 | 1.097 | 0.375 | |
| Debt To Capital Ratio | 0.535 | 0.358 | 0.466 | 0.523 | 0.273 | |
| Long Term Debt To Capital Ratio | 0.499 | 0.301 | 0.415 | 0.472 | 0.202 | |
| Financial Leverage Ratio | 2.938 | 2.193 | 2.563 | 2.879 | 2.022 | |
| Working Capital Turnover Ratio | 155.270 | -248.645 | -29.804 | 115.469 | 16.371 | |
| Operating Cash Flow Ratio | 0.560 | 0.612 | 0.359 | 0.337 | 0.574 | |
| Operating Cash Flow Sales Ratio | 0.241 | 0.260 | 0.155 | 0.159 | 0.265 | |
| Free Cash Flow Operating Cash Flow Ratio | 0.751 | 0.759 | 0.624 | 0.565 | 0.774 | |
| Debt Service Coverage Ratio | 15.185 | 12.577 | 4.595 | 4.448 | 39.920 | |
| Interest Coverage Ratio | 13.165 | 9.715 | 4.460 | 5.908 | 29.540 | |
| Short Term Operating Cash Flow Coverage Ratio | 0.000 | 0.000 | 9.857 | 9.277 | 0.000 | |
| Operating Cash Flow Coverage Ratio | 0.419 | 0.654 | 0.273 | 0.225 | 0.846 | |
| Capital Expenditure Coverage Ratio | 4.009 | 4.146 | 2.657 | 2.300 | 4.419 | |
| Dividend Paid And Capex Coverage Ratio | 2.633 | 2.791 | 1.729 | 1.559 | 2.884 | |
| Dividend Payout Ratio | 0.206 | 0.187 | 0.453 | 0.872 | 0.280 | |
| Enterprise Value Multiple | 13.772 | 20.250 | 31.132 | 31.246 | 35.992 |
Sparkline shows each ratio oldest → newest (left → right).
How the latest year compares
For each ratio: its most recent value, the change versus one year earlier, and versus its 5-year average. ▲ higher ▼ lower
| Metric | Current | vs 1Y ago | vs 5Y avg |
|---|---|---|---|
| Gross Profit Margin | 61.0% | ▲0.4% | ▲1.5% |
| Ebit Margin | 22.0% | ▼-1.8% | ▲5.8% |
| Ebitda Margin | 29.8% | ▼-2.4% | ▲5.0% |
| Operating Profit Margin | 21.5% | ▲0.2% | ▲5.9% |
| Pretax Profit Margin | 20.3% | ▼-0.6% | ▲6.0% |
| Continuous Operations Profit Margin | 15.3% | ▼-1.0% | ▲4.6% |
| Net Profit Margin | 15.3% | ▼-1.0% | ▲4.6% |
| Bottom Line Profit Margin | 15.3% | ▼-1.0% | ▲4.6% |
| Current Ratio | 0.986 | ▼-0.063 | ▼-0.017 |
| Quick Ratio | 0.986 | ▼-0.063 | ▼-0.017 |
| Solvency Ratio | 0.238 | ▼-0.052 | ▲0.033 |
| Cash Ratio | 0.451 | ▼-0.069 | ▼-0.029 |
| Price To Earnings Ratio | 24.335 | ▼-14.642 | ▼-47.076 |
| Price To Earnings Growth Ratio | 7.250 | ▲7.008 | ▲7.096 |
| Forward Price To Earnings Growth Ratio | 7.250 | ▲7.008 | ▲7.096 |
| Price To Earnings Diluted Ratio | 24.499 | ▼-14.750 | ▼-47.435 |
| Price To Earnings Diluted Growth Ratio | 7.248 | ▲7.004 | ▲7.086 |
| Price To Book Ratio | 7.452 | ▼-1.453 | ▼-1.262 |
| Price To Sales Ratio | 3.723 | ▼-2.612 | ▼-2.202 |
| Price To Free Cash Flow Ratio | 20.572 | ▼-11.536 | ▼-21.738 |
| Price To Operating Cash Flow Ratio | 15.441 | ▼-8.923 | ▼-12.962 |
| Debt To Assets Ratio | 0.392 | ▲0.137 | ▲0.081 |
| Debt To Equity Ratio | 1.152 | ▲0.594 | ▲0.341 |
| Debt To Capital Ratio | 0.535 | ▲0.177 | ▲0.104 |
| Long Term Debt To Capital Ratio | 0.499 | ▲0.198 | ▲0.121 |
| Financial Leverage Ratio | 2.938 | ▲0.746 | ▲0.419 |
| Working Capital Turnover Ratio | 155.270 | ▲403.915 | ▲153.538 |
| Operating Cash Flow Ratio | 0.560 | ▼-0.052 | ▲0.071 |
| Operating Cash Flow Sales Ratio | 0.241 | ▼-0.019 | ▲0.025 |
| Free Cash Flow Operating Cash Flow Ratio | 0.751 | ▼-0.008 | ▲0.056 |
| Debt Service Coverage Ratio | 15.185 | ▲2.608 | ▼-0.160 |
| Interest Coverage Ratio | 13.165 | ▲3.450 | ▲0.607 |
| Short Term Operating Cash Flow Coverage Ratio | 0.000 | 0.000 | ▼-3.827 |
| Operating Cash Flow Coverage Ratio | 0.419 | ▼-0.235 | ▼-0.065 |
| Capital Expenditure Coverage Ratio | 4.009 | ▼-0.137 | ▲0.503 |
| Dividend Paid And Capex Coverage Ratio | 2.633 | ▼-0.158 | ▲0.314 |
| Dividend Payout Ratio | 0.205 | ▲0.018 | ▼-0.194 |
| Enterprise Value Multiple | 13.772 | ▼-6.477 | ▼-12.706 |
Key metrics
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Market cap | $9.11B | $14.41B | $12.19B | $9.23B | $14.71B | |
| Enterprise value | $10.04B | $14.81B | $13.02B | $10.17B | $14.75B | |
| EV / Sales | 4.11x | 6.51x | 6.38x | 5.44x | 8.68x | |
| EV / Op. cash flow | 17.02x | 25.04x | 41.14x | 34.16x | 32.79x | |
| EV / Free cash flow | 22.68x | 33.00x | 65.97x | 60.45x | 42.38x | |
| EV / EBITDA | 13.77x | 20.25x | 31.13x | 31.25x | 35.99x | |
| Net debt / EBITDA | 1.28x | 0.55x | 1.97x | 2.91x | 0.12x | |
| Current ratio | 0.98x | 1.05x | 0.93x | 0.92x | 1.13x | |
| Income quality | 1.58x | 1.60x | 2.24x | 4.22x | 2.33x | |
| Graham number | $77 | $86 | $48 | $32 | $58 | |
| Graham net-net | -$37 | -$26 | -$34 | -$38 | -$16 | |
| Tax burden | 75.5% | 78.1% | 81.0% | 55.5% | 75.5% | |
| Interest burden | 92.0% | 87.6% | 74.7% | 79.9% | 98.7% | |
| Working capital | -$15.3M | $46.8M | -$65.1M | -$71.7M | $104.1M | |
| Invested capital | $2.37B | $2.42B | $2.37B | $2.44B | $1.96B | |
| Return on assets | 10.4% | 10.4% | 4.1% | 2.0% | 6.8% | |
| Operating ROA | 14.8% | 13.9% | 6.7% | 5.3% | 9.2% | |
| Return on tangible assets | 23.4% | 23.4% | 10.5% | 5.2% | 14.6% | |
| Return on equity | 30.6% | 22.9% | 10.6% | 5.8% | 13.7% | |
| Return on invested capital | 15.4% | 14.5% | 7.2% | 3.5% | 9.2% | |
| Return on capital employed | 20.8% | 18.8% | 9.1% | 6.5% | 12.4% | |
| Earnings yield | 4.1% | 2.6% | 1.2% | 0.8% | 1.3% | |
| Free cash flow yield | 4.9% | 3.1% | 1.6% | 1.8% | 2.4% | |
| Capex / Op. cash flow | 24.9% | 24.1% | 37.6% | 43.5% | 22.6% | |
| Capex / Depreciation | 77.5% | 74.9% | 64.4% | 77.7% | 67.6% | |
| Capex / Sales | 6.0% | 6.3% | 5.8% | 6.9% | 6.0% | |
| SG&A / Sales | 32.8% | 33.8% | 38.2% | 40.5% | 34.9% | |
| R&D / Sales | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Stock comp / Sales | 0.0% | 2.4% | 2.6% | 4.4% | 2.5% | |
| Intangibles / Total assets | 55.4% | 55.5% | 60.6% | 61.0% | 53.6% | |
| Days sales outstanding | 61d | 59d | 62d | 60d | 60d | |
| Days payables outstanding | 38d | 36d | 34d | 36d | 40d | |
| Operating cycle | 61d | 59d | 62d | 60d | 60d | |
| Cash conversion cycle | 23d | 24d | 28d | 24d | 20d |
Change by theme
Grouped by what each metric measures. Each figure is the change over the period shown — ▲ up ▼ down versus then.
Change over 1 year
Change over 5 years
Employee count
Peer market caps
Recent news
- 2026-08-27 American Capital Management Inc. Takes Position in Morningstar, Inc. $MORN American Capital Management Inc. purchased a new position in shares of Morningstar, Inc. (NASDAQ: MORN) in the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 114,947 shares of the business services provider''s stock, valued at approximately $17,934,000. American Capital Management Inc. owned 0.31%
- 2026-08-25 Morningstar and PitchBook Help Ground AI with Trusted Investment Intelligence in Gemini Enterprise for Financial Services, Expanding Access Across AI Ecosystems [url="]Morningstar, Inc.[/url] (Nasdaq: MORN), a leading provider of independent investment insights, and [url="]PitchBook[/url], a Morningstar company and a le
- 2026-08-25 Callan Family Office LLC Makes New $846,000 Investment in Morningstar, Inc. $MORN Callan Family Office LLC purchased a new position in Morningstar, Inc. (NASDAQ: MORN) in the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,421 shares of the business services provider''s stock, valued at approximately $846,000. A number of other
- 2026-08-24 Should iShares Morningstar Small-Cap Growth ETF (ISCG) Be on Your Investing Radar? Launched on June 28, 2004, the iShares Morningstar Small-Cap Growth ETF (ISCG) is a passively managed exchange traded fund designed to provide a broad exposure to the Small Cap Growth segment of the US equity market.
- 2026-08-20 Should iShares Morningstar Mid-Cap Growth ETF (IMCG) Be on Your Investing Radar? The iShares Morningstar Mid-Cap Growth ETF (IMCG) was launched on June 28, 2004, and is a passively managed exchange traded fund designed to offer broad exposure to the Mid Cap Growth segment of the US equity market.
- 2026-08-20 9,515 Shares in Morningstar, Inc. $MORN Acquired by Aurora Investment Counsel Aurora Investment Counsel acquired a new position in shares of Morningstar, Inc. (NASDAQ: MORN) during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 9,515 shares of the business services provider''s stock, valued at approximately $1,485,000. Several other large investors also recently added to
- 2026-08-17 Got $200? 1 Quantum Computing ETF to Buy Right Now. This ETF is a diversified way to bet on the future of quantum computing and AI without picking a single winner.
- 2026-08-16 Bank of America Corp DE Increases Stake in Morningstar, Inc. $MORN Bank of America Corp DE increased its stake in Morningstar, Inc. (NASDAQ: MORN) by 11.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 183,575 shares of the business services provider''s stock after buying an additional
- 2026-08-03 Morningstar: Undervalued With A Differentiated Business Model Morningstar (MORN) is a global financial services firm with a 15-year dividend growth streak, strong cash flow, and a conservative payout ratio. MORN delivered solid Q2 2026 results, beating revenue and EPS estimates, with 9.6% revenue growth and 29.2% non-GAAP EPS growth year-over-year. The stock trades at ~15.6x 2026E EPS, well below its historical 35–40x range, and is currently viewed as undervalued with a fair value estimate of $246.40.
- 2026-07-31 Morningstar DBRS Confirms “A” Rating to WSFS Bank; WSFS Financial Corporation Receives “A (low)” Rating with Stable Outlook WILMINGTON, Del.--(BUSINESS WIRE)--Morningstar DBRS confirmed its credit ratings of WSFS Financial Corporation (NASDAQ: WSFS) (“WSFS” or “the Company”) with a Long-Term Issuer Rating of "A (low)" and “A” to WSFS Bank. The trends on all credit ratings are Stable. The Intrinsic Assessment (IA) for the Bank is “a,” while its Support Assessment is SA1. The Company''s Support Assessment is SA3, and the Long-Term Issuer Rating is positioned one notch below the Bank''s IA. Morningstar DBRS'' debt ratings.