Morningstar Overview
- Year Founded
-
1984
- Status
-
Public
- Employees
-
11,334
- Stock Symbol
-
MORN
- Investments
-
61
- Share Price
-
$305.15
- (As of Friday Closing)
Morningstar General Information
Description
Morningstar Inc is a provider of independent investment research to financial advisers, asset managers, and investors. The company focuses its operations on two core sectors: data and research. It offers data on investments such as mutual funds, stocks, exchange-traded funds, closed-end funds, separate accounts, and variable annuities. Further, the company tracks real-time market data of equity, derivative, currency exchanges, and other investments. In its research operation, Morningstar offers analyst research on passive and active mutual funds, alternative funds, and college saving plans. Morningstar's largest share of revenue is generated in the United States of America.
Contact Information
Website
www.morningstar.comCorporate Office
- 22 West Washington Street
- Chicago, IL 60602
- United States
Corporate Office
- 22 West Washington Street
- Chicago, IL 60602
- United States
Morningstar Stock Performance
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $305.15 | $311.92 | $219.45 - $330.22 | $13.1B | 42.8M | 102K | $5.75 |
Morningstar Financials Summary
|
In Thousands, USD |
TTM 30-Jun-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 13,365,081 | 13,098,890 | 10,143,520 | 14,778,128 |
| Revenue | 2,168,900 | 2,038,600 | 1,870,600 | 1,699,300 |
| EBITDA | 559,700 | 418,100 | 325,600 | 409,900 |
| Net Income | 245,900 | 141,100 | 70,500 | 193,300 |
| Total Assets | 3,403,500 | 3,403,400 | 3,474,800 | 2,862,700 |
| Total Debt | 1,068,200 | 1,160,200 | 1,323,600 | 531,500 |
Morningstar Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Morningstar Comparisons
Industry
Financing
Details
000 00
000000
Morningstar Competitors (12)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| SEI Investments | Formerly VC-backed | Oaks Village, PA | 0000 | 000.00 | 000000000000 | 000.00 |
| FactSet Research Systems | Corporation | Norwalk, CT | 00000 | 000.00 | 000000000 - | 000.00 |
| Moody's Investors Service | Corporation | New York, NY | 00000 | 0000 | ||
| Verity (New York) | Private Equity-Backed | New York, NY | 000 | 0000000 0000 | ||
| FE fundinfo | Private Equity-Backed | London, United Kingdom | 0000 | 00.00 | 000000000 00 | 00.00 |
Morningstar Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
News about Morningstar
Dive into recent articles by PitchBook offering invaluable insights and context.
-
NEWS | Aug 27, 2024
Credit estimate snapshot shows higher leverage across sectors – Morningstar DBRS
The modest proportion of new CEs suggests that M&A activity, which drives the demand for new CEs, remains subdued.
-
NEWS | Aug 20, 2024
Private credit downgrades outpace upgrades again in Q2 – Morningstar DBRS
New private credit rating assignments for Morningstar DBRS increased 82% year-over-year in Q2.
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NEWS | Jun 20, 2024
Nearly 10% of rated private credit issuers are under covenant relief — Morningstar
Requests for covenant-relief are relatively common in direct lending "accommodated by the close relationship between borrowers and lenders,” the report said.
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NEWS | Dec 15, 2023
More private credit downgrades, more cov-lite in 2024, Morningstar DBRS says
It's expected to be yet another challenging year for middle-market private credit borrowers, with the recent trend of downgrades exceeding upgrades expected to continue.
-
NEWS | Oct 27, 2023
Deep Dive: Reviewing a year of Morningstar US HY Index distressed opportunities
Over the past year, the distressed subset of the Morningstar US High-Yield Index presented investors with first growing, and then later diminishing, investing opportunities.
Morningstar Patents
Morningstar Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| AU-2021292328-A1 | Method, computer system and computer program product for improved table processing | Pending | 18-Jun-2020 | 0000000000 | |
| CA-3187262-A1 | Method, computer system and computer program product for improved table processing | Pending | 18-Jun-2020 | 0000000000 | |
| EP-4168924-A1 | Method, computer system and computer program product for improved table processing | Pending | 18-Jun-2020 | 0000000000 | |
| EP-3926511-A1 | Method, computer system and computer program product for improved table processing | Inactive | 18-Jun-2020 | 0000000000 | 0 |
| US-20230252231-A1 | Method, computer system and computer program product for improved table processing | Pending | 18-Jun-2020 | G06F40/177 |
Morningstar Executive Team (51)
| Name | Title | Board Seat |
|---|---|---|
| Kunal Kapoor | Chief Executive Officer & Board Member | |
| Davide Pelusi | Chief Executive Officer & Managing Director, Morningstar South EMEA (Iberia & Italy) | |
| Michael Holt | Chief Strategy Officer & President of Research | |
| James Rhodes | President, Morningstar Data, Research & Enterprise Solutions and Chief Technology Officer | |
| Brock Johnson | President, Global Retirement and Workplace Solutions business & Co-Head - Registered Investment Advisory Arm |
Morningstar Board Members (13)
| Name | Representing | Role | Since |
|---|---|---|---|
| 00000000 0000 | Self | Board Member | 000 0000 |
| 000000 0000000 | Self | Board Member | 000 0000 |
| 000000 000000 | Self | Board Member | 000 0000 |
| 0000 000000 | Self | Board Member | 000 0000 |
| 000000 00000000 | Self | Founder & Executive Chairman | 000 0000 |
Morningstar Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Morningstar Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Morningstar Investments & Acquisitions (61)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Bondex (Human Capital Services) | 13-Jun-2024 | 00000 0000 | 000 | Human Capital Services | |
| Morningstar Wealth Platform | 30-Jun-2022 | 0000000000 | 000.00 | Financial Software | 000000 00 |
| LCD | 01-Jun-2022 | 0000000000 | 00000 | Media and Information Services (B2B) | 00000 000 |
| SMArtX Advisory Solutions | 03-May-2022 | 00000 0000 | 0000 | Asset Management | |
| Ellevest | 06-Apr-2022 | Later Stage VC | 0000 | Financial Software |
Morningstar Subsidiaries (13)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Moorgate Benchmarks | Media and Information Services (B2B) | London, United Kingdom | 2017 |
| Firstlinks | Publishing | Sydney, Australia | 0000 |
| FundVotes | Vertical Market Software | Vancouver, Canada | 0000 |
| PitchBook Data | Media and Information Services (B2B) | Seattle, WA | 0000 |
| Morningstar Wealth Platform | Financial Software | London, United Kingdom | 0000 |
Morningstar ESG
Risk Overview
Risk Rating
Updated December, 13, 2019
10 | Negl Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
00.0
Management
Management is related to actions taken to manage ESG issues
00.00
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
00 of 12,087
Rank
Percentile
Media
Industry
0. of 267
Rank
Percentile
Publishing
Subindustry
0. of 64
Rank
Percentile
Morningstar Exits (9)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| United Income | 28-Jun-2016 | 0000 00000 | 00.00 | Completed |
|
| YCharts | 04-May-2015 | 00000 00000 | 00.000 | Completed |
|
| HelloWallet | 01-Jun-2014 | 000000000000 | 0000 | Completed |
|
| YCharts | 09-May-2013 | 00000 00000 | 00.000 | Completed |
|
| Inquiry Financial Europe | 01-Oct-2012 | Corporate | 00.000 | Completed |
Morningstar FAQs
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When was Morningstar founded?
Morningstar was founded in 1984.
-
Who is the CEO of Morningstar?
Kunal Kapoor and Davide Pelusi are the CEOs of Morningstar.
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Where is Morningstar headquartered?
Morningstar is headquartered in Chicago, IL.
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What is the size of Morningstar?
Morningstar has 11,334 total employees.
-
What industry is Morningstar in?
Morningstar’s primary industry is Media and Information Services (B2B).
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Is Morningstar a private or public company?
Morningstar is a Public company.
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What is Morningstar’s stock symbol?
The ticker symbol for Morningstar is MORN.
-
What is the current stock price of Morningstar?
As of 06-Sep-2024 the stock price of Morningstar is $305.15.
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What is the current market cap of Morningstar?
The current market capitalization of Morningstar is $13.1B.
-
What is Morningstar’s current revenue?
The trailing twelve month revenue for Morningstar is $2.17B.
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Who are Morningstar’s competitors?
SEI Investments, FactSet Research Systems, Moody's Investors Service, Verity (New York), and FE fundinfo are some of the 12 competitors of Morningstar.
-
What is Morningstar’s annual earnings per share (EPS)?
Morningstar’s EPS for 12 months was $5.75.
Data Transparency
-
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Discover how our experts ensure you’re getting the most accurate financial data in the industry.
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