Morningstar, Inc. (MORN) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 6, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Jul 29, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the MORN SEC filings page.
Morningstar, Inc. (MORN) reported $2.6B in revenue over the twelve months to Jun 30, 2026, up 9.3% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Morningstar's operating engine strengthened, but FY2025's large buyback left the balance sheet more leveraged and slightly short on current coverage.
From FY2024 to FY2025, operating margin stayed around21% while net income barely increased, indicating that below-operating costs absorbed much of the operating improvement. At the same time, free cash flow edged lower despite continued revenue expansion, suggesting cash conversion stopped improving even as reported profitability remained elevated.
Revenue reached
The current ratio was just under 1.0x, and debt-to-equity rose to 0.9x, leaving less balance-sheet flexibility than in FY2024. The
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Morningstar, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Morningstar, Inc. has an operating margin of 21.5%, meaning the company retains $22 of operating profit per $100 of revenue. This strong profitability earns a score of 79/100, reflecting efficient cost management and pricing power. This is up from 21.3% the prior year.
Morningstar, Inc.'s revenue grew 7.5% year-over-year to $2.4B, a solid pace of expansion. This earns a growth score of 64/100.
Morningstar, Inc. has a moderate D/E ratio of 0.88. This balance of debt and equity financing earns a leverage score of 51/100.
Morningstar, Inc.'s current ratio of 0.99 is below the typical benchmark, resulting in a score of 18/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Morningstar, Inc. converts 18.1% of revenue into free cash flow ($442.6M). This strong cash generation earns a score of 82/100.
Morningstar, Inc. earns a strong 30.6% return on equity (ROE), meaning it generates $31 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 78/100. This is up from 22.9% the prior year.
Morningstar, Inc. scores 3.82, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Morningstar, Inc. passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Morningstar, Inc. generates $1.58 in operating cash flow ($589.7M OCF vs $374.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Morningstar, Inc. earns $18.41 in operating income for every $1 of interest expense ($526.6M vs $28.6M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Morningstar, Inc. generated $663.2M in revenue in Q2 2026. This represents an increase of 9.6% from the same quarter a year earlier. Against the prior quarter it is up 2.9%.
Morningstar, Inc.'s EBITDA was $214.1M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 23.3% from the same quarter a year earlier. Against the prior quarter it is up 3.1%.
Morningstar, Inc. reported $107.8M in net income in Q2 2026. This represents an increase of 21.1% from the same quarter a year earlier. Against the prior quarter it is up 0.7%.
Morningstar, Inc. earned $2.83 per diluted share (EPS) in Q2 2026. This represents an increase of 35.4% from the same quarter a year earlier. Against the prior quarter it is up 3.7%.
Cash & Balance Sheet
Morningstar, Inc. generated $122.5M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 96.3% from the same quarter a year earlier. Against the prior quarter it is up 128.5%.
Morningstar, Inc. held $489.5M in cash against $1.7B in long-term debt as of Q2 2026.
Morningstar, Inc. paid $0.50 per share in dividends in Q2 2026. This represents an increase of 8.7% from the same quarter a year earlier. It is unchanged from the prior quarter.
Margins & Returns
Morningstar, Inc.'s gross margin was 63.9% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 2.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.0 percentage points.
Morningstar, Inc.'s operating margin was 24.2% in Q2 2026, reflecting core business profitability. This is up 3.6 percentage points from the same quarter a year earlier. It is unchanged from the prior quarter.
Morningstar, Inc.'s net profit margin was 16.3% in Q2 2026, showing the share of revenue converted to profit. This is up 1.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.4 percentage points.
Morningstar, Inc.'s ROE was 10.5% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 5.0 percentage points from the same quarter a year earlier. It is unchanged from the prior quarter.
Capital Allocation
Morningstar, Inc. spent $100.0M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 10.7% from the same quarter a year earlier. Against the prior quarter it is down 66.7%.
Morningstar, Inc. invested $33.2M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 9.3% from the same quarter a year earlier. Against the prior quarter it is down 12.4%.
Not reported for Q2 2026.
MORN Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $663.2M+9.6% | $644.8M+10.8% | $641.1M+8.5% | $617.4M+8.4% | $605.1M+5.8% | $581.9M+7.2% | $591.0M+9.7% | $569.4M+10.5% |
| Cost of Revenue | $239.3M+3.8% | $238.9M+3.2% | $249.2M+7.3% | $241.7M+8.5% | $230.6M+3.5% | $231.4M+6.1% | $232.2M+13.0% | $222.7M+9.8% |
| Gross Profit | $423.9M+13.2% | $405.9M+15.8% | $391.9M+9.2% | $375.7M+8.4% | $374.5M+7.2% | $350.5M+7.9% | $358.8M+7.7% | $346.7M+10.9% |
| SG&A Expenses | $98.5M+20.1% | $84.0M+9.8% | $89.6M+0.7% | $85.9M+10.7% | $82.0M+2.1% | $76.5M-4.7% | $89.0M-3.3% | $77.6M-13.5% |
| Operating Income | $160.6M+28.4% | $155.9M+36.6% | $159.6M-5.1% | $127.8M+10.6% | $125.1M+15.3% | $114.1M+23.2% | $168.2M+78.2% | $115.5M+65.0% |
| EBITDA | $214.1M+23.3% | $207.6M+28.6% | $206.7M-4.6% | $174.8M+8.4% | $173.6M+10.2% | $161.4M+15.5% | $216.6M+53.7% | $161.2M+38.3% |
| Interest Expense | $17.1M+131.1% | $13.7M+153.7% | $8.8M+25.7% | $7.0M-21.3% | $7.4M-28.2% | $5.4M-53.0% | $7.0M-39.1% | $8.9M-30.5% |
| Income Tax | $38.3M+45.6% | $34.6M+26.3% | $36.4M+7.4% | $31.4M+6.1% | $26.3M+37.0% | $27.4M+28.6% | $33.9M+140.4% | $29.6M+77.2% |
| Net Income | $107.8M+21.1% | $107.1M+36.4% | $115.1M-1.5% | $91.6M-23.5% | $89.0M+28.8% | $78.5M+22.3% | $116.9M+59.0% | $119.7M+206.1% |
| EPS (Basic) | $2.85+35.1% | $2.74+49.7% | $2.81+2.9% | $2.18-21.9% | $2.11+31.1% | $1.83+22.0% | $2.73+58.7% | $2.79+203.3% |
| EPS (Diluted) | $2.83+35.4% | $2.73+50.0% | $2.79+3.0% | $2.17-21.7% | $2.09+30.6% | $1.82+22.1% | $2.71+58.5% | $2.77+204.4% |
| Diluted Shares (Avg) | 38M-10.4% | 39M-8.8% | N/A | 42M-2.1% | 43M-1.4% | 43M+0.2% | N/A | 43M+0.7% |
Not reported in any period shown, so not listed: R&D Expenses.
MORN Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $3.9B+8.7% | $4.0B+11.2% | $3.6B+1.2% | $3.6B-0.2% | $3.6B+6.7% | $3.6B+5.8% | $3.5B+4.3% | $3.6B+6.6% |
| Current Assets | $1.0B-0.7% | $1.1B+5.0% | $1.0B+2.4% | $979.2M-4.3% | $1.0B+19.0% | $1.0B+21.9% | $1.0B+24.3% | $1.0B+34.9% |
| Cash & Equivalents | $489.5M-2.8% | $492.8M-3.7% | $474.5M-5.6% | $474.2M-14.2% | $503.5M+28.7% | $511.5M+44.6% | $502.7M+48.8% | $552.9M+70.1% |
| Short-Term Investments | $34.3M-10.0% | $39.4M-17.4% | $54.2M+12.2% | $40.3M-17.4% | $38.1M-20.6% | $47.7M-13.9% | $48.3M-5.5% | $48.8M+26.1% |
| Accounts Receivable | $382.9M-0.3% | $402.6M+17.7% | $390.4M+9.0% | $363.9M+10.8% | $384.0M+14.1% | $342.1M+4.9% | $358.1M+4.1% | $328.4M+10.2% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $1.7B+7.9% | $1.7B+9.1% | $1.6B+3.1% | $1.6B+2.2% | $1.6B+3.1% | $1.6B+1.7% | $1.6B-1.1% | $1.6B+0.7% |
| Total Liabilities | $2.9B+44.9% | $3.0B+50.1% | $2.4B+22.7% | $2.0B+2.1% | $2.0B+2.3% | $2.0B-1.5% | $1.9B-7.0% | $2.0B-4.7% |
| Current Liabilities | $980.3M+6.4% | $1.0B+13.0% | $1.1B+8.9% | $945.5M+5.5% | $921.0M+10.0% | $912.3M+7.7% | $967.3M+9.8% | $895.9M+10.7% |
| Non-Current Liabilities | $1.9B+77.3% | $1.9B+81.9% | $1.3B+36.6% | $1.1B-0.6% | $1.1B-3.3% | $1.1B-8.2% | $963.0M-19.4% | $1.1B-14.4% |
| Long-Term Debt | $1.7B+104.3% | $1.7B+113.1% | $1.1B+53.5% | $848.9M-1.8% | $838.8M-6.8% | $803.7M-15.3% | $698.6M-28.2% | $864.7M-18.1% |
| Total Equity | $1.0B-36.6% | $1.0B-36.7% | $1.2B-24.5% | $1.5B-3.3% | $1.6B+12.6% | $1.6B+16.3% | $1.6B+21.9% | $1.6B+25.9% |
| Retained Earnings | $2.4B+16.9% | $2.3B+16.6% | $2.2B+15.6% | $2.1B+16.5% | $2.0B+19.2% | $2.0B+18.7% | $1.9B+18.5% | $1.8B+16.5% |
Not reported in any period shown, so not listed: Inventory.
MORN Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $155.7M+57.3% | $91.5M+0.5% | $204.0M+33.0% | $195.7M+2.0% | $99.0M-35.2% | $91.0M-2.8% | $153.4M+11.3% | $191.9M+46.8% |
| Depreciation & Amortization | $53.5M+10.3% | $51.7M+9.3% | $47.1M-2.7% | $47.0M+2.8% | $48.5M-1.2% | $47.3M+0.2% | $48.4M+4.1% | $45.7M-1.9% |
| Stock-Based Compensation | $27.3M+48.4% | $10.8M+18.7% | N/A | $18.6M+40.9% | $18.4M+29.6% | $9.1M-20.2% | N/A | $13.2M-10.2% |
| Capital Expenditures | $33.2M-9.3% | $37.9M+17.7% | $42.7M+5.2% | $35.6M-1.4% | $36.6M+14.7% | $32.2M-5.6% | $40.6M+35.3% | $36.1M+23.2% |
| Free Cash Flow | $122.5M+96.3% | $53.6M-8.8% | $161.3M+43.0% | $160.1M+2.8% | $62.4M-48.3% | $58.8M-1.2% | $112.8M+4.6% | $155.8M+53.6% |
| Investing Cash Flow | -$26.0M-8.8% | -$384.4M-443.7% | -$11.7M-148.5% | -$33.0M-334.0% | -$23.9M+27.1% | -$70.7M-164.8% | $24.1M+173.5% | $14.1M+166.2% |
| Financing Cash Flow | -$130.6M-20.4% | $316.9M+1414.9% | -$194.0M+2.6% | -$188.1M-212.5% | -$108.5M-33.0% | -$24.1M+44.6% | -$199.1M-92.6% | -$60.2M+49.9% |
| Dividends Paid | $19.0M-1.6% | $19.9M+2.1% | $18.9M+9.2% | $19.2M+10.3% | $19.3M+11.6% | $19.5M+12.7% | $17.3M+8.1% | $17.4M+8.8% |
| Share Buybacks | $100.0M-10.7% | $300.0M+173.7% | $395.3M+3307.8% | $170.1M | $112.0M | $109.6M | $11.6M | $0 |
MORN Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 63.9%+2.0pp | 62.9%+2.7pp | 61.1%+0.4pp | 60.9%0.0pp | 61.9%+0.8pp | 60.2%+0.4pp | 60.7%-1.2pp | 60.9%+0.2pp |
| Operating Margin | 24.2%+3.6pp | 24.2%+4.6pp | 24.9%-3.6pp | 20.7%+0.4pp | 20.7%+1.7pp | 19.6%+2.5pp | 28.5%+10.9pp | 20.3%+6.7pp |
| Net Margin | 16.3%+1.5pp | 16.6%+3.1pp | 17.9%-1.8pp | 14.8%-6.2pp | 14.7%+2.6pp | 13.5%+1.7pp | 19.8%+6.1pp | 21.0%+13.4pp |
| Return on Equity | 10.5%+5.0pp | 10.5%+5.6pp | 9.4%+2.2pp | 6.0%-1.6pp | 5.5%+0.7pp | 4.9%+0.2pp | 7.2%+1.7pp | 7.6%+4.5pp |
| Return on Assets | 2.7%+0.3pp | 2.7%+0.5pp | 3.2%-0.1pp | 2.6%-0.8pp | 2.5%+0.4pp | 2.2%+0.3pp | 3.3%+1.1pp | 3.4%+2.2pp |
| Current Ratio | 1.06-0.1x | 1.03-0.1x | 0.99-0.1x | 1.04-0.1x | 1.13+0.1x | 1.11+0.1x | 1.05+0.1x | 1.14+0.2x |
| Debt-to-Equity | 1.67+1.2x | 1.68+1.2x | 0.88+0.4x | 0.560.0x | 0.52-0.1x | 0.50-0.2x | 0.43-0.3x | 0.55-0.3x |
| Asset Turnover | 0.170.0x | 0.160.0x | 0.180.0x | 0.170.0x | 0.170.0x | 0.160.0x | 0.170.0x | 0.160.0x |
| FCF Margin | 18.5%+8.2pp | 8.3%-1.8pp | 25.2%+6.1pp | 25.9%-1.4pp | 10.3%-10.8pp | 10.1%-0.9pp | 19.1%-0.9pp | 27.4%+7.7pp |
Note: The current ratio is below 1.0 (0.99), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Morningstar, Inc. MORN | FY2025 | $2.4B | $374.2M | 15.3% | $7.1B | 62/100 |
| Factset Research Systems FDS | FY2025 | $2.3B | $597.0M | 25.7% | $9.5B | 68/100 |
| TransUnion TRU | FY2025 | $4.6B | $455.4M | 10.0% | $12.2B | 56/100 |
| Cboe Global Markets, Inc. CBOE | FY2025 | $4.7B | $1.1B | 23.3% | $28.3B | — |
| Moody's Corporation MCO | FY2025 | $7.7B | $2.5B | 31.9% | $76.4B | 75/100 |
| MSCI, Inc. MSCI | FY2025 | $3.1B | $1.2B | 38.4% | $39.0B | 66/100 |
Where Morningstar, Inc. Ranks
Frequently Asked Questions
What is Morningstar, Inc.'s annual revenue?
Morningstar, Inc. (MORN) reported $2.4B in total revenue for fiscal year 2025. This represents a 7.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Morningstar, Inc.'s revenue growing?
Morningstar, Inc. (MORN) revenue grew by 7.5% year-over-year, from $2.3B to $2.4B in fiscal year 2025.
Is Morningstar, Inc. profitable?
Yes, Morningstar, Inc. (MORN) reported a net income of $374.2M in fiscal year 2025, with a net profit margin of 15.3%.
What is Morningstar, Inc.'s EBITDA?
Morningstar, Inc. (MORN) had EBITDA of $716.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Morningstar, Inc. have?
As of fiscal year 2025, Morningstar, Inc. (MORN) had $474.5M in cash and equivalents against $1.1B in long-term debt.
What is Morningstar, Inc.'s gross margin?
Morningstar, Inc. (MORN) had a gross margin of 61.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Morningstar, Inc.'s operating margin?
Morningstar, Inc. (MORN) had an operating margin of 21.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Morningstar, Inc.'s net profit margin?
Morningstar, Inc. (MORN) had a net profit margin of 15.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Morningstar, Inc. pay dividends?
Yes, Morningstar, Inc. (MORN) paid $1.87 per share in dividends during fiscal year 2025.
What is Morningstar, Inc.'s return on equity (ROE)?
Morningstar, Inc. (MORN) has a return on equity of 30.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Morningstar, Inc.'s free cash flow?
Morningstar, Inc. (MORN) generated $442.6M in free cash flow during fiscal year 2025. This represents a -1.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Morningstar, Inc.'s operating cash flow?
Morningstar, Inc. (MORN) generated $589.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Morningstar, Inc.'s total assets?
Morningstar, Inc. (MORN) had $3.6B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Morningstar, Inc.'s capital expenditures?
Morningstar, Inc. (MORN) invested $147.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Morningstar, Inc.'s current ratio?
Morningstar, Inc. (MORN) had a current ratio of 0.99 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Morningstar, Inc.'s debt-to-equity ratio?
Morningstar, Inc. (MORN) had a debt-to-equity ratio of 0.88 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Morningstar, Inc.'s return on assets (ROA)?
Morningstar, Inc. (MORN) had a return on assets of 10.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Morningstar, Inc.'s P/E ratio?
Morningstar, Inc. (MORN) trades at 16.8x earnings, its market capitalization divided by net income of $421.6M net income, trailing 12 months to June 30, 2026. The market capitalization is $7.1B as of Oct 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Morningstar, Inc.'s price-to-sales ratio?
Morningstar, Inc. (MORN) trades at 2.8x sales, its market capitalization divided by revenue of $2.6B revenue, trailing 12 months to June 30, 2026. The market capitalization is $7.1B as of Oct 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Morningstar, Inc.'s Altman Z-Score?
Morningstar, Inc. (MORN) has an Altman Z-Score of 3.82, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Morningstar, Inc.'s Piotroski F-Score?
Morningstar, Inc. (MORN) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Morningstar, Inc.'s earnings high quality?
Morningstar, Inc. (MORN) has an earnings quality ratio of 1.58x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Morningstar, Inc. cover its interest payments?
Morningstar, Inc. (MORN) has an interest coverage ratio of 18.41x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Morningstar, Inc.?
Morningstar, Inc. (MORN) scores 62 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.