Latest revenue
$644.8M
as of 2026-03-31
Latest net income
—
as of 2026-03-31
Net margin
—
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $6.83B
- Enterprise value
- $6.83B
- P/E (trailing)
- —
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 1.1%
- 52-wk high
- $316.71
- 52-wk low
- $149.08
- Beta
- —
- Shares out
- 38.0M
5-year trend
What this company does
Part I Item 1. Business Our Mission Our mission is to empower investor success. We deliver connected data, independent research, investor-first tools, and long-term portfolio strategies with a focus on removing frictions that can slow decisions, cloud markets, and drive up costs. Our Business Morningstar, Inc. is a leading global provider of independent investment insights. Our core competencies are data, research, design, and technology, and we employ each of these to create products built on the depth and breadth of our data that are designed to clearly convey complex investment information. We offer a variety of products and solutions that serve a wide range of market participants. We…
AI summary unavailable — showing raw filing excerpt
Generated from MORN's filing dated 2026-02-13
Key risks
21 Table of Contents Item 1A. Risk Factors Risk Factors You should carefully consider the risks and uncertainties described below and all of the other information included in this Report when deciding whether to invest in our common stock or otherwise evaluating our business. If any of the following risks or uncertainties materialize, our business, financial condition, or operating results could suffer. In that case, the trading price of our common stock could decline, and you may lose all or part of your investment. Our operations could also be affected by other risks and uncertainties that are not presently known to us or that we currently consider to be immaterial to our operations.…
AI summary unavailable — showing raw filing excerpt
Generated from MORN's filing dated 2026-02-13
Profitability
Operating margin
21.5%
1.1%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $644.8M | +10.8% | — | — | — |
Q4 2025 2025-12-31 | $641.1M | +8.5% | — | — | — |
Q3 2025 2025-09-30 | $617.4M | +8.4% | — | — | — |
Q2 2025 2025-06-30 | $605.1M | +5.8% | — | — | — |
Q1 2025 2025-03-31 | $581.9M | +7.2% | — | — | — |
Q4 2024 2024-12-31 | $591.0M | — | — | — | — |
Q3 2024 2024-09-30 | $569.4M | +10.5% | — | — | — |
Q2 2024 2024-06-30 | $571.9M | +13.3% | — | — | — |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Investment Advice · SIC 6282
Your notes
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Insider activity
Insider buying
$186.6K
Insider selling
$80.2M
Net activity
−$80.1M
Distinct insiders
3
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns MORN
Institutional value
$1.66B
Total shares held
10.0M
Distinct holders
289
-85 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 2.3M | $395.3M | -25.0K (-1.1%) | Trimmed |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 1.1M | $177.8M | — | New |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 989.5K | $167.3M | — | New |
| 4 | LOS ANGELES CAPITAL MANAGEMENT LLC | 645.4K | $109.1M | +645.3K (+581327.0%) | Added |
| 5 | DIMENSIONAL FUND ADVISORS LP | 517.8K | $87.5M | +45.8K (+9.7%) | Added |
| 6 | JPMORGAN CHASE & CO | 430.1K | $70.8M | +64.5K (+17.6%) | Added |
| 7 | JANE STREET GROUP, LLC | 333.9K | $56.4M | -90.4K (-21.3%) | Trimmed |
| 8 | Invesco Ltd. | 285.1K | $48.2M | +13.1K (+4.8%) | Added |
| 9 | SEI INVESTMENTS CO | 189.3K | $32.0M | +130.0K (+219.4%) | Added |
| 10 | CONFLUENCE INVESTMENT MANAGEMENT LLC | 177.6K | $30.0M | — | New |
| 11 | Bank of New York Mellon Corp | 175.0K | $29.6M | +5.0K (+3.0%) | Added |
| 12 | ROYCE & ASSOCIATES LP | 174.3K | $29.5M | +31.3K (+21.9%) | Added |
| 13 | M&G PLC | 149.8K | $25.3M | -6.5K (-4.1%) | Trimmed |
| 14 | VANGUARD FIDUCIARY TRUST CO | 142.8K | $24.1M | — | New |
| 15 | Copeland Capital Management, LLC | 135.2K | $22.9M | +29.9K (+28.4%) | Added |
| 16 | ENVESTNET ASSET MANAGEMENT INC | 106.8K | $18.1M | +20.8K (+24.2%) | Added |
| 17 | CONGRESS ASSET MANAGEMENT CO | 77.4K | $13.1M | — | New |
| 18 | PRINCIPAL FINANCIAL GROUP INC | 77.1K | $13.0M | -11.0K (-12.5%) | Trimmed |
| 19 | Chicago Capital, LLC | 74.2K | $12.5M | — | New |
| 20 | NORDEA INVESTMENT MANAGEMENT AB | 73.2K | $12.3M | — | New |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once MORN's latest filing finishes processing.