MORN
Morningstar, Inc.
NasdaqGSUSDEQUITY
DELAYED
Last price
215.97
▼ 1.52 (0.70%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
Lower pane
Tool
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
217.49
Prev close
217.49
Day high
218.32
Day low
214.52
Volume
194.14K
Market cap
—
P/E (TTM)
—
52W range
141.49 – 265.73
Day trading desk
Gap from prior close
-0.00%
Prior close 217.49
VWAP
216.05
-0.04% from price
Relative volume
—
—
Session range
1.77%
214.52 – 218.32
Position in range
38%
Mid range
ATR (14D)
6.85
3.17% of price
Prior day high
218.13
PDH
Prior day low
211.66
PDL
Bid / ask spread
—
Quote not published
Session volume
162.84K
Shares traded
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
+4.13%
+5.5%
1M
+28.88%
+25.2%
3M
+24.57%
+21.5%
6M
+35.42%
+24.4%
YTD
-0.62%
-12.9%
1Y
-17.66%
-37.7%
3Y
-1.66%
-75.8%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Free account
3 more panels on MORN open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Fundamentals
Market cap—
Enterprise value—
Revenue (TTM)—
Gross profit—
EBITDA—
Net income—
EPS (TTM)—
Free cash flow—
Total cash—
Total debt—
Book value / share—
Shares outstanding—
Float—
Short % of float—
Dividend yield—
Beta (5Y)—
Valuation & profitability ratios
Trailing P/E—
Forward P/E—
PEG ratio—
Price / sales—
Price / book—
EV / revenue—
EV / EBITDA—
Gross margin—
Operating margin—
Profit margin—
Return on equity—
Return on assets—
Debt / equity—
Current ratio—
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $2.45B | $2.28B | $2.04B | $1.87B | +7.5% |
| Operating revenue | $2.45B | $2.28B | $2.04B | $1.87B | +7.5% |
| Cost of revenue | $952.90M | $895.70M | $843.50M | $779.30M | +6.4% |
| Gross profit | $1.49B | $1.38B | $1.20B | $1.09B | +8.2% |
| Selling, general & admin | $801.00M | $768.20M | $779.60M | $756.90M | +4.3% |
| Total operating expense | $988.70M | $958.60M | $964.50M | $923.50M | +3.1% |
| Operating income | $503.90M | $420.80M | $230.60M | $167.80M | +19.7% |
| Net interest income | -$28.60M | -$37.70M | -$51.70M | -$28.40M | +24.1% |
| Pre-tax income | $499.00M | $491.30M | $181.50M | $130.60M | +1.6% |
| Tax provision | $121.50M | $104.00M | $33.00M | $56.50M | +16.8% |
| Net income | $374.20M | $369.90M | $141.10M | $70.50M | +1.2% |
| Net income to common | $374.20M | $369.90M | $141.10M | $70.50M | +1.2% |
| Basic EPS | 8.93 | 8.64 | 3.31 | 1.65 | +3.4% |
| Diluted EPS | 8.87 | 8.58 | 3.29 | 1.64 | +3.4% |
| EBIT | $539.00M | $541.20M | $233.20M | $159.00M | -0.4% |
| EBITDA | $728.90M | $731.60M | $418.10M | $325.60M | -0.4% |
| Basic shares | 41.90M | 42.80M | 42.60M | 42.60M | -2.1% |
| Diluted shares | 42.20M | 43.10M | 42.90M | 42.90M | -2.1% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $474.50M | $502.70M | $337.90M | $376.60M | -5.6% |
| Cash & short-term investments | $528.70M | $551.00M | $389.00M | $414.60M | -4.0% |
| Accounts receivable | $390.40M | $358.10M | $343.90M | $307.90M | +9.0% |
| Total current assets | $1.04B | $1.01B | $815.70M | $810.80M | +2.4% |
| Property, plant & equipment | $390.90M | $400.10M | $371.60M | $391.00M | -2.3% |
| Goodwill & intangibles | $1.99B | $1.97B | $2.06B | $2.12B | +1.0% |
| Total assets | $3.59B | $3.55B | $3.40B | $3.47B | +1.2% |
| Total current liabilities | $1.05B | $967.30M | $880.80M | $882.50M | +8.9% |
| Current debt | — | — | $32.10M | $32.10M | — |
| Long-term debt | $1.07B | $698.60M | $940.30M | $1.08B | +53.5% |
| Total debt | $1.26B | $904.00M | $1.16B | $1.32B | +39.5% |
| Total liabilities | $2.37B | $1.93B | $2.08B | $2.27B | +22.7% |
| Retained earnings | $2.21B | $1.91B | $1.61B | $1.53B | +15.6% |
| Shareholder equity | $1.22B | $1.62B | $1.33B | $1.21B | -24.5% |
| Working capital | -$15.30M | $46.80M | -$65.10M | -$71.70M | -132.7% |
| Net tangible assets | -$768.20M | -$352.20M | -$735.40M | -$913.20M | -118.1% |
| Shares issued | 55.02M | 54.88M | 54.72M | 54.47M | +0.3% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $374.20M | $369.90M | $141.10M | $70.50M | +1.2% |
| Depreciation & amortisation | $189.90M | $190.40M | $184.90M | $166.60M | -0.3% |
| Stock-based compensation | $56.40M | $54.70M | $52.80M | $83.20M | +3.1% |
| Change in working capital | $28.90M | $92.80M | $28.10M | -$12.00M | -68.9% |
| Operating cash flow | $589.70M | $591.60M | $316.40M | $297.80M | -0.3% |
| Capital expenditure | -$147.10M | -$142.70M | -$119.10M | -$129.50M | -3.1% |
| Investing cash flow | -$139.30M | -$21.30M | -$81.90M | -$799.30M | -554.0% |
| Share buybacks | -$787.00M | -$11.60M | -$1.40M | -$226.00M | -6,684.5% |
| Dividends paid | -$76.90M | -$69.30M | -$63.90M | -$61.50M | -11.0% |
| Financing cash flow | -$514.70M | -$384.40M | -$278.40M | $415.10M | -33.9% |
| Free cash flow | $442.60M | $448.90M | $197.30M | $168.30M | -1.4% |
| End cash position | $474.50M | $502.70M | $337.90M | $376.60M | -5.6% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $663.20M | $644.80M | $641.10M | $617.40M | $605.10M | +2.9% |
| Operating revenue | $663.20M | $644.80M | $641.10M | $617.40M | $605.10M | +2.9% |
| Cost of revenue | $239.30M | $238.90M | $249.20M | $241.70M | $230.60M | +0.2% |
| Gross profit | $423.90M | $405.90M | $391.90M | $375.70M | $374.50M | +4.4% |
| Selling, general & admin | $216.60M | $199.20M | $208.80M | $201.40M | $201.70M | +8.7% |
| Total operating expense | $263.30M | $250.00M | $255.00M | $247.90M | $249.40M | +5.3% |
| Operating income | $160.60M | $155.90M | $136.90M | $127.80M | $125.10M | +3.0% |
| Net interest income | -$17.10M | -$13.70M | -$8.80M | -$7.00M | -$7.40M | -24.8% |
| Pre-tax income | $147.00M | $141.80M | $150.90M | $123.10M | $116.50M | +3.7% |
| Tax provision | $38.30M | $34.60M | $36.40M | $31.40M | $26.30M | +10.7% |
| Net income | $107.80M | $107.10M | $115.10M | $91.60M | $89.00M | +0.7% |
| Net income to common | $107.80M | $107.10M | $115.10M | $91.60M | $89.00M | +0.7% |
| Basic EPS | 2.85 | 2.74 | 2.84 | 2.18 | 2.11 | +4.0% |
| Diluted EPS | 2.83 | 2.73 | 2.83 | 2.17 | 2.09 | +3.7% |
| EBIT | $166.10M | $157.40M | $162.30M | $132.50M | $126.80M | +5.5% |
| EBITDA | $219.60M | $209.10M | $209.40M | $179.50M | $175.30M | +5.0% |
| Basic shares | 37.80M | 39.10M | 40.50M | 42.10M | 42.20M | -3.3% |
| Diluted shares | 38.10M | 39.30M | 40.70M | 42.30M | 42.50M | -3.1% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $489.50M | $492.80M | $474.50M | $474.20M | $503.50M | -0.7% |
| Cash & short-term investments | $523.80M | $532.20M | $528.70M | $514.50M | $541.60M | -1.6% |
| Accounts receivable | $382.90M | $402.60M | $390.40M | $363.90M | $384.00M | -4.9% |
| Total current assets | $1.03B | $1.06B | $1.04B | $979.20M | $1.04B | -2.7% |
| Property, plant & equipment | $404.30M | $400.80M | $390.90M | $390.30M | $390.10M | +0.9% |
| Goodwill & intangibles | $2.31B | $2.34B | $1.99B | $2.01B | $2.03B | -1.0% |
| Total assets | $3.95B | $3.99B | $3.59B | $3.56B | $3.63B | -1.0% |
| Total current liabilities | $980.30M | $1.03B | $1.05B | $945.50M | $921.00M | -4.9% |
| Current debt | $18.20M | $18.20M | — | — | — | 0.0% |
| Long-term debt | $1.70B | $1.69B | $1.07B | $848.90M | $838.80M | +0.0% |
| Total debt | $1.90B | $1.91B | $1.26B | $1.04B | $1.03B | -0.1% |
| Total liabilities | $2.92B | $2.97B | $2.37B | $2.04B | $2.02B | -1.5% |
| Retained earnings | $2.38B | $2.29B | $2.21B | $2.11B | $2.04B | +3.9% |
| Shareholder equity | $1.02B | $1.02B | $1.22B | $1.51B | $1.61B | +0.5% |
| Working capital | $54.60M | $32.60M | -$15.30M | $33.70M | $121.30M | +67.5% |
| Net tangible assets | -$1.29B | -$1.32B | -$768.20M | -$496.70M | -$417.00M | +2.2% |
| Shares issued | 37.51M | 55.03M | 55.02M | 54.96M | 54.95M | -31.8% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | $107.80M | $107.10M | $115.10M | $91.60M | $89.00M | +0.7% |
| Depreciation & amortisation | $53.50M | $51.70M | $47.10M | $47.00M | $48.50M | +3.5% |
| Stock-based compensation | $27.30M | $10.80M | $10.30M | $18.60M | $18.40M | +152.8% |
| Change in working capital | -$19.40M | -$67.40M | $64.30M | $56.30M | -$50.70M | +71.2% |
| Operating cash flow | $155.70M | $91.50M | $204.00M | $195.70M | $99.00M | +70.2% |
| Capital expenditure | -$33.20M | -$37.90M | -$42.70M | -$35.60M | -$36.60M | +12.4% |
| Investing cash flow | -$26.00M | -$384.40M | -$11.70M | -$33.00M | -$23.90M | +93.2% |
| Share buybacks | -$100.00M | -$300.00M | -$395.30M | -$170.10M | -$112.00M | +66.7% |
| Dividends paid | -$19.00M | -$19.90M | -$18.90M | -$19.20M | -$19.30M | +4.5% |
| Financing cash flow | -$130.60M | $316.90M | -$194.00M | -$188.10M | -$108.50M | -141.2% |
| Free cash flow | $122.50M | $53.60M | $161.30M | $160.10M | $62.40M | +128.5% |
| End cash position | $489.50M | $492.80M | $474.50M | $474.20M | $503.50M | -0.7% |
Analyst targets & ownership
Mean target—
High target—
Low target—
Implied upside—
Analyst count—
Consensus—
Strong buy / Buy— / —
Hold—
Sell / Strong sell— / —
Held by insiders—
Held by institutions—
Institutions holding—
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
207.08
+4.29% from price
SMA 20
201.37
+7.25% from price
SMA 50
179.60
+20.25% from price
SMA 100
178.36
+21.09% from price
SMA 200
187.86
+14.96% from price
EMA 12
206.67
+4.50% from price
EMA 26
196.89
+9.69% from price
EMA 50
188.22
+14.74% from price
RSI (14)
71.8
Overbought
MACD (12,26,9)
9.78
Hist 1.00
ATR (14)
6.85
3.17% of price
Realised vol 30D
38.4%
Annualised
Bollinger upper
218.25
20, 2σ
Bollinger lower
184.50
20, 2σ
50 / 200 cross
Death
179.60 vs 187.86
Trend bias
Above 200
+14.96%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.07
Less volatile than market
Correlation to SPY
0.02
Largely independent
Realised vol 30D
38.4%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-46.5%
Peak to trough
Max drawdown 5Y
-60.5%
Peak to trough
ATR 14
6.85
3.17% of price
Beta (reported)
—
5Y monthly, from filing
Headlines
Morningstar Insider Sold Shares Worth $2,440,238, According to a Recent SEC Filing
MT Newswires · 2d ago
S&P 500 Could Hit 8,000 Soon, Morningstar Says — CRM, NOW, WDAY And MSFT Lead The August Rebound
Stocktwits · 3d ago
Morningstar Insider Sold Shares Worth $4,572,830, According to a Recent SEC Filing
MT Newswires · 4d ago
Good Stock Picks, Bad Trading: Why Active Funds Still Lagged
Wealth Management · 5d ago
GenAI Disruption Fears Pullback in Morningstar (MORN) Despite Solid Financial Fundamentals
Insider Monkey · 6d ago
AI Is Driving Up Treasury Yields: ‘It Just Touches Everything’
Bloomberg · 6d ago
NIO Stock Suffers Worst Run In 3 Weeks — Morningstar Sees 2027 Profit Even As China EV Price War Rages
Stocktwits · 6d ago
CXMT’s Rise to China’s Most Valuable Firm Heralds New Tech Era
Bloomberg · 6d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.