Morningstar, Inc.
MORN
$160.97
-$14.85-8.45%
NASDAQ
| 03/31/2026 | 12/31/2025 | 09/30/2025 | 06/30/2025 | 03/31/2025 | |
|---|---|---|---|---|---|
| Revenue | 2.51B | 2.45B | 2.40B | 2.35B | 2.31B |
| Total Other Revenue | -- | -- | -- | -- | -- |
| Total Revenue | 2.51B | 2.45B | 2.40B | 2.35B | 2.31B |
| Cost of Revenue | 960.40M | 952.90M | 935.90M | 916.90M | 909.00M |
| Gross Profit | 1.55B | 1.49B | 1.46B | 1.43B | 1.41B |
| SG&A Expenses | 806.60M | 796.50M | 798.40M | 782.50M | 772.40M |
| Depreciation & Amortization | 194.30M | 189.90M | 191.20M | 189.90M | 190.50M |
| Other Operating Expenses | -900.00K | 0.00 | -1.30M | -800.00K | -- |
| Total Operating Expenses | 1.96B | 1.94B | 1.92B | 1.89B | 1.87B |
| Operating Income | 548.00M | 506.20M | 471.20M | 458.90M | 442.30M |
| Income Before Tax | 531.50M | 495.70M | 495.00M | 521.30M | 494.30M |
| Income Tax Expenses | 128.70M | 121.50M | 119.00M | 117.20M | 110.10M |
| Earnings from Continuing Operations | 402.80 | 374.20 | 376.00 | 404.10 | 384.20 |
| Earnings from Discontinued Operations | -- | -- | -- | -- | -- |
| Extraordinary Item & Accounting Change | -- | -- | -- | -- | -- |
| Minority Interest in Earnings | -- | -- | -- | -- | -- |
| Net Income | 402.80M | 374.20M | 376.00M | 404.10M | 384.20M |
| EBIT | 548.00M | 506.20M | 471.20M | 458.90M | 442.30M |
| EBITDA | 742.30M | 696.10M | 662.40M | 648.80M | 632.80M |
| EPS Basic | 9.87 | 8.96 | 8.84 | 9.46 | 8.96 |
| Normalized Basic EPS | 7.79 | 7.08 | 6.32 | 6.01 | 5.61 |
| EPS Diluted | 9.82 | 8.91 | 8.79 | 9.39 | 8.90 |
| Normalized Diluted EPS | 7.75 | 7.03 | 6.28 | 5.97 | 5.58 |
| Average Basic Shares Outstanding | 163.90M | 167.60M | 170.00M | 170.80M | 171.40M |
| Average Diluted Shares Outstanding | 164.80M | 168.60M | 171.00M | 171.90M | 172.50M |
| Dividend Per Share | 1.91 | 1.87 | 1.82 | 1.78 | 1.73 |
| Payout Ratio | 19.19% | 20.55% | 20.03% | 18.19% | 18.61% |