Valuation: Morningstar, Inc.

Market Cap 766.96Cr 684.98Cr 637.2Cr 579.59Cr 1.09TCr 74TCr 1.1TCr 7.67TCr 3TCr 38TCr 2.88TCr 2.82TCr 1,21400Cr P/E 2026 *
18.8x
P/E 2027 * 16.4x
Enterprise Value 869.44Cr 776.5Cr 722.34Cr 657.03Cr 1.24TCr 84TCr 1.25TCr 8.69TCr 3.41TCr 43TCr 3.26TCr 3.19TCr 1,37700Cr EV / Sales 2026 *
3.28x
EV / Sales 2027 * 2.98x
Free-Float
34.28%
Yield 2026 *
0.98%
Yield 2027 * 1.08%

Last Transcript: Morningstar, Inc.

1 day+0.84%
1 week+11.39%
Current month+7.58%
1 month+5.85%
3 months+23.77%
6 months+21.72%
Current year-5.92%
1 week 182.39
Extreme 182.39
205.94
1 month 182.39
Extreme 182.39
207.72
Current year 141.49
Extreme 141.49
221.22
1 year 141.49
Extreme 141.49
227.51
3 years 141.49
Extreme 141.49
365
5 years 141.49
Extreme 141.49
365
10 years 67.74
Extreme 67.74
365
Manager TitleAgeSince
Chief Executive Officer 50 01/01/2017
Director of Finance/CFO 46 01/01/2025
Chief Tech/Sci/R&D Officer 57 -
Director TitleAgeSince
Chairman 69 16/05/1984
Director/Board Member 72 01/07/2002
Director/Board Member 66 01/01/1999
Date Insider Type Main position Quantity % Market Cap. Importance
30/09/26 Others -6,57,779 1.7534%
22/09/26 Other 39,25,077 10.4631%
01/09/26 Tax

Chief Financial Officer

-54 0.0001%
Change 5-day change 1-year change 3-year change Capi.($)
+0.84%+11.39%-9.27%-13.27% 766.96Cr
+1.26%+5.58%-16.10%+10.35% 12TCr
+1.21%+5.18%-4.10%+44.23% 8.04TCr
+1.97%+5.73%-31.60%-15.75% 4.47TCr
+0.61%+5.44%+3.32%+8.51% 4.11TCr
+4.20%+9.16%-24.02%-3.56% 3.14TCr
+0.15%+5.43%-28.95%-8.83% 1.87TCr
+4.49%+10.59%-31.38%-37.86% 1.87TCr
+0.16%+4.13%-36.70%-22.15% 1.71TCr
+1.18%+0.98%+8.72%+58.98% 1.63TCr
Average +1.61%+6.07%-17.01%+2.06% 3.96TCr
Weighted average by Cap. +1.54%+5.74%-15.10%+9.94%

Financials

2026 *2027 *
Net sales 265.42Cr 237.04Cr 220.51Cr 200.57Cr 378.7Cr 26TCr 380.34Cr 2.65TCr 1.04TCr 13TCr 996.69Cr 974.9Cr 42TCr 280.78Cr 250.76Cr 233.27Cr 212.18Cr 400.62Cr 27TCr 402.35Cr 2.81TCr 1.1TCr 14TCr 1.05TCr 1.03TCr 44TCr
Net income 42Cr 37Cr 34Cr 31Cr 59Cr 4.02TCr 60Cr 415.2Cr 162.68Cr 2.05TCr 155.93Cr 152.52Cr 6.57TCr 46Cr 41Cr 38Cr 35Cr 66Cr 4.48TCr 66Cr 463.25Cr 181.51Cr 2.29TCr 173.97Cr 170.17Cr 7.34TCr
Net Debt 102.48Cr 92Cr 85Cr 77Cr 146.22Cr 9.92TCr 146.85Cr 1.02TCr 401.5Cr 5.06TCr 384.82Cr 376.41Cr 16TCr 68Cr 61Cr 57Cr 52Cr 98Cr 6.63TCr 98Cr 684.66Cr 268.27Cr 3.38TCr 257.13Cr 251.5Cr 11TCr
Projected Income Statement - Annual - Morningstar, Inc.
Logo Morningstar, Inc.
Morningstar, Inc. is a provider of independent investment insights. The Company's segments include Morningstar Direct Platform, PitchBook, Morningstar Credit, Morningstar Wealth, and Morningstar Retirement. The Morningstar Direct Platform provides investors with data, research and insights, and investment analysis to empower investment decision-making. The PitchBook provides investors with access to data, research, analytics, and artificial intelligence (AI) enabled software across private capital markets, including venture capital, private equity, private credit, bank loans, and mergers & acquisitions (M&A). Morningstar Credit provides investors with credit ratings, research, data, and credit analytics solutions. Morningstar Wealth provides investment products, investor tools, and an advisor platform powered by research and data. The Morningstar Retirement offers products designed to help individuals reach retirement goals.
Employees
10,973
Date Price Change Volume
09/26/09 $204.45 +0.84% 2,29,609
08/26/08 $202.74 +1.04% 3,56,691
07/26/07 $200.65 +2.53% 5,32,119
06/26/06 $195.69 +3.45% 2,86,319
05/26/05 $189.16 +3.06% 2,96,284
Trader
Investor
Global
Quality
ESG MSCI
BBB
Ratings Surperformance© - Morningstar, Inc.
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
204.45USD
Average target price
236.67USD
Spread / Average Target
+15.76%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - Morningstar, Inc.
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