Morningstar, Inc. MORN
NASDAQ
| 09/30/2026 | 06/30/2026 | 03/31/2026 | 12/31/2025 | 09/30/2025 | |
|---|---|---|---|---|---|
| Revenue | 2.62B | 2.57B | 2.51B | 2.45B | 2.40B |
| Total Other Revenue | -- | -- | -- | -- | -- |
| Total Revenue | 2.62B | 2.57B | 2.51B | 2.45B | 2.40B |
| Cost of Revenue | 968.10M | 969.10M | 960.40M | 952.90M | 935.90M |
| Gross Profit | 1.65B | 1.60B | 1.55B | 1.49B | 1.46B |
| SG&A Expenses | 831.00M | 821.50M | 806.60M | 796.50M | 798.40M |
| Depreciation & Amortization | 205.40M | 199.30M | 194.30M | 189.90M | 191.20M |
| Other Operating Expenses | -- | -- | -- | -- | -- |
| Total Operating Expenses | 2.00B | 1.99B | 1.96B | 1.94B | 1.93B |
| Operating Income | 616.70M | 576.60M | 547.10M | 506.20M | 469.90M |
| Income Before Tax | 593.20M | 562.30M | 531.50M | 495.70M | 495.00M |
| Income Tax Expenses | 147.70M | 140.70M | 128.70M | 121.50M | 119.00M |
| Earnings from Continuing Operations | 445.50 | 421.60 | 402.80 | 374.20 | 376.00 |
| Earnings from Discontinued Operations | -- | -- | -- | -- | -- |
| Extraordinary Item & Accounting Change | -- | -- | -- | -- | -- |
| Minority Interest in Earnings | -- | -- | -- | -- | -- |
| Net Income | 445.50M | 421.60M | 402.80M | 374.20M | 376.00M |
| EBIT | 616.70M | 576.60M | 547.10M | 506.20M | 469.90M |
| EBITDA | 822.10M | 775.90M | 741.40M | 696.10M | 661.10M |
| EPS Basic | 11.52 | 10.61 | 9.87 | 8.96 | 8.84 |
| Normalized Basic EPS | 9.17 | 8.42 | 7.81 | 7.10 | 6.33 |
| EPS Diluted | 11.45 | 10.56 | 9.82 | 8.91 | 8.79 |
| Normalized Diluted EPS | 9.10 | 8.37 | 7.77 | 7.06 | 6.29 |
| Average Basic Shares Outstanding | 154.80M | 159.50M | 163.90M | 167.60M | 170.00M |
| Average Diluted Shares Outstanding | 155.90M | 160.40M | 164.80M | 168.60M | 171.00M |
| Dividend Per Share | 2.00 | 1.96 | 1.92 | 1.88 | 1.83 |
| Payout Ratio | 17.17% | 18.26% | 19.19% | 20.55% | 20.03% |