Revenue
2018
2019
2020
2021
2022
2023
2024
2025
Morningstar, Inc. (MORN)
Price—Loading quote
Net income
2018
2019
2020
2021
2022
2023
2024
2025
Free cash flow
2018
2019
2020
2021
2022
2023
2024
2025
Total cash / debt
CashTotal debt
2018
2019
2020
2021
2022
2023
2024
2025
Financial statements
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.45B | $2.28B | $2.04B | $1.87B | $1.70B | $1.39B | $1.18B | $1.02B | $911.7M | $798.6M | $788.8M | $760.1M | $698.3M | $658.3M | $631.4M | $555.4M | $479.0M | $502.5M |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — | — | $51.4M | $53.2M | $49.2M | $38.4M | $40.3M |
| Operating income | $526.6M | $484.8M | $230.6M | $167.8M | $257.0M | $215.2M | $189.6M | $215.8M | $169.8M | $180.8M | $190.6M | $105.6M | $170.7M | $150.7M | $138.4M | $121.1M | $124.7M | $138.9M |
| EBITDAderived | $716.5M | $675.2M | $415.5M | $334.4M | $407.7M | $354.7M | $307.3M | $312.5M | $261.0M | $251.5M | $255.0M | $160.5M | $216.4M | $193.8M | $181.3M | $160.7M | $156.6M | $164.9M |
| Net income | $374.2M | $369.9M | $141.1M | $70.5M | $193.3M | $223.6M | $152.0M | $183.0M | $136.9M | $161.0M | $132.6M | $78.3M | $123.5M | $108.1M | $98.4M | $86.4M | $82.1M | $89.6M |
| Basic EPSper diluted share | $8.93 | $8.64 | $3.31 | $1.65 | $4.50 | $5.22 | $3.56 | $4.30 | $3.21 | $3.74 | $3.00 | $1.75 | $2.68 | $2.23 | $1.96 | $1.75 | $1.71 | $1.94 |
| Diluted EPSper diluted share | $8.87 | $8.58 | $3.29 | $1.64 | $4.45 | $5.18 | $3.52 | $4.25 | $3.18 | $3.72 | $3.00 | $1.74 | $2.66 | $2.20 | $1.92 | $1.70 | $1.65 | $1.82 |
Insider buys & sells
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| May 27, 2026Form 4 | Lyons William MDirector | SellCommon Stock | 700 | $179.00 | $125.3K | 13.9K |
| May 22, 2026Form 4 · 10b5-1 | Mansueto Joseph DExecutive Chairman | SellCommon Stock | 227 | $179.52 | $40.8K | 8.04M |
| May 22, 2026Form 4 · 10b5-1 | Mansueto Joseph DExecutive Chairman | SellCommon Stock | 293 | $178.39 | $52.3K | 8.04M |
| May 22, 2026Form 4 · 10b5-1 | Mansueto Joseph DExecutive Chairman | SellCommon Stock | 578 | $177.08 | $102.4K | 8.04M |
| May 22, 2026Form 4 · 10b5-1 | Mansueto Joseph DExecutive Chairman | SellCommon Stock | 741 | $176.30 | $130.6K | 8.04M |