Morningstar Inc. (MORN)$179.64
Market Cap: 12.62 BCurrency: USD
Research Snapshot
Static fundamentals, valuation context, and investor signals for Morningstar Inc. (MORN).
FINANCIAL
FINANCIAL DATA & STOCK EXCHANGES
DCF ready
Valuation
27.5x
EV/FCF, 3.6% FCF yield
Quality
30.6%
ROIC, 18.1% FCF margin
Growth
12.0%
5Y sales (revenue) CAGR
Balance sheet
0.0x
Debt/equity, 1.0x current ratio
Superinvestors
1
Top: Robert Vinall (0.2%)
Strengths to research
- Revenue compounded at 12.0% over five years.
- Return on equity is strong at 30.6%.
- Free cash flow margin is healthy at 18.1%.
- Debt/equity looks manageable at 0.0x.
Watchouts
- Current ratio is below 1 at 1.0x.
Annual data: 10 periods
Quarterly data: 24 periods
Stock snapshot: May 25, 2026
Static dataset: May 25, 2026
Quality Scorecard
Build-time composite score for MORN.
Grade B
80
/ 100
Peer Comparison
Target stock against 8 market-cap comparable peers.
Heat map: red worst to green best
| MORN Target | Morningstar Inc. | $12.6B | 20.3x | 27.5x | 30.6% | 12.0% | 18.1% | N/A | -0.7x | N/A |
| FDS | FactSet Research Systems | $16.4B | 14.9x | 28.3x | 16.8% | 9.2% | 26.6% | N/A | 1.1x | N/A |
| TRU | TransUnion | $16.5B | 30.5x | 31.4x | 4.8% | 12.6% | 14.5% | N/A | 4.4x | N/A |
| CBOE | Cboe Global Markets, Inc. | $24.3B | 34.3x | 14.0x | 16.7% | N/A | N/A | N/A | -0.5x | N/A |
| MSCI | MSCI Inc. | $42.6B | 37.5x | 31.2x | 33.9% | 13.1% | 49.4% | N/A | 3.3x | N/A |
| NDAQ | Nasdaq Inc. | $44.9B | 29.5x | 26.6x | 8.6% | 8.0% | 24.1% | 63.5% | 3.2x | N/A |
| COIN | Coinbase Global Inc. | $50.8B | 41.6x | 19.2x | 5.9% | 41.2% | 33.8% | N/A | -2.5x | N/A |
| MCO | Moody's Corp. | $83.6B | 32.9x | 34.3x | 22.3% | 7.5% | 33.4% | N/A | 1.4x | N/A |
| ICE | Intercontinental Exchange Inc. | $100.0B | 26.5x | 23.1x | 11.5% | 8.9% | 33.9% | N/A | -0.2x | N/A |
Financial Charts
No financial data available for MORN (annual).
1 superinvestors own MORN
Current quarter ownership and quarter-over-quarter share changes.
Superinvestor ownership
| Fund | Shares | Value | % Portfolio | QoQ Change |
|---|---|---|---|---|
| Robert Vinall RV Capital GmbH | 3,700 | $654,000 | 0.17% | 0.0% |