NASDAQ:MORN
Morningstar, Inc.
Morningstar, Inc.'s revenue grew 7.5% in fiscal 2025 to $2.4B. Return on average equity was 26.3%, and the diluted share count fell 2.1%.Summary generated from Morningstar, Inc.'s SEC filings. Latest annual report filed Feb 13, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$2.4B
Revenue growth+7.5%
Revenue, 5-yr CAGR+12.0%
Net margin15.3%
Return on equity26.3%
Share count change−2.1%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 1,699 | 1,871 | 2,039 | 2,275 | 2,446 |
| Net income | 193 | 71 | 141 | 370 | 374 |
Recent filings
- 4Insider transaction report
Oct 2, 2026 - 8-KRegulation FD disclosure
Sep 25, 2026 - 8-KOther events
Sep 18, 2026 - 4Insider transaction report
Sep 2, 2026 - 8-KRegulation FD disclosure
Aug 25, 2026 - 8-KResults of operations and financial condition
Jul 29, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Jul 29, 2026 - 8-KRegulation FD disclosure
Jun 25, 2026