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MORN FINANCIAL STATEMENTS

Morningstar Inc — balance sheet, income statement and cash flow trends

MORNMorningstar Inc

🇺🇸 USA · NASDAQ · Financial Services · Financial Data & Stock Exchanges

Value itDuel
PriceFinancialsPeers

Income Statement

Quarterly progression — trailing-twelve-month values
RevenueNet Income to Owners
01 B2 B202120222023202420252026

Profit Funnel

Q2 2026 · TTM
Revenue2.6 B $Gross Profit1.6 B $ · 62%Operating Income603.9 M $ · 24%Pre-tax Income563.2 M $ · 22%Net Income to Owners421.6 M $ · 16%

Percentages are relative to revenue.

Key Figures

YoY change
Revenue2.6 B $+9.3%
Gross Profit1.6 B $+11.7%
Operating Income603.9 M $+15.5%
EBITDA812.1 M $+5.2%
Net Income to Owners421.6 M $+4.3%

No peer data is available for this stock.

Balance Sheet

Quarterly period-end values
Total AssetsTotal LiabilitiesEquity
02 B4 B202120222023202420252026

Capital Structure

Q2 2026
Total Assets3.9 B
  • Equity1 B $26%
  • Current Liabilities980.3 M $25%
  • Long-term Liabilities1.9 B $49%

Key Figures

YoY change
Total Assets3.9 B $+8.7%
Total Liabilities2.9 B $+44.9%
Total Equity1 B $-36.6%
Cash & ST Investments523.8 M $-3.3%
Total Debt1.9 B $+84.2%
Net Debt1.4 B $+166.8%

No peer data is available for this stock.

Cash Flow Statement

Quarterly progression — trailing-twelve-month values
Operating Cash FlowCapital ExpendituresFree Cash Flow
0200 M400 M600 M202120222023202420252026

Cash Flow Bridge

Q2 2026 · TTM
0200 M400 M600 M646.9 M $Operating-455.1 M $Investing-195.8 M $Financing-4 M $Net Change

Key Figures

YoY change
Operating Cash Flow646.9 M $+20.8%
Capital Expenditures149.4 M $+2.7%
Free Cash Flow497.5 M $+27.6%
Dividends Paid77 M $+4.8%

No peer data is available for this stock.

Amounts are in the company’s reporting currency. Peer comparison tables use ratio-based metrics so currency differences do not distort the picture.

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Data on this page refreshes once per day. Price data as of Sep 11, 26. This content is for informational purposes only and is not investment advice.