Morningstar Inc

NASDAQ:MORN USA Financial Data & Stock Exchanges
Market Cap
$7.54 Billion
Market Cap Rank
#3406 Global
#2242 in USA
Share Price
$183.24
Change (1 day)
-0.35%
52-Week Range
$154.01 - $313.93
All Time High
$358.78
About

Morningstar, Inc. provides independent investment insights in the United States, Asia, Australia, Canada, Continental Europe, the United Kingdom, and internationally. The company operates in five segments: Morningstar Data and Analytics; PitchBook; Morningstar Wealth; Morningstar Credit; and Morningstar Retirement. The company offers managed investments, including mutual funds, ETFs, separate acc… Read more

Market Cap & Net Worth: Morningstar Inc (MORN)

Morningstar Inc (NASDAQ:MORN) has a market capitalization of $7.54 Billion ($7.54 Billion) as of March 19, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #3406 globally and #2242 in its home market, demonstrating a -0.60% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Morningstar Inc's stock price $183.24 by its total outstanding shares 41129198 (41.13 Million).

Morningstar Inc Market Cap History: 2015 to 2026

Morningstar Inc's market capitalization history from 2015 to 2026. Data shows growth from $3.08 Billion to $7.54 Billion (8.55% CAGR).

Index Memberships

Morningstar Inc is a constituent of 3 market indices:

Index Total Market Cap Weight (%) Rank by Market Cap
NASDAQ Financial 100
IXF
$855.00 Billion 0.44% #45 of 100
NASDAQ Composite
IXIC
$32.97 Trillion 0.01% #417 of 3165
S&P Midcap 400
MID
$3.02 Trillion 0.29% #310 of 401

Weight: Morningstar Inc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Morningstar Inc Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Morningstar Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

3.64x

Morningstar Inc's market cap is 3.64 times its annual revenue

Industry average:
7.40x
Lower than industry average

Latest Price to Earnings (P/E) Ratio

23.89x

Morningstar Inc's market cap is 23.89 times its annual earnings

Industry average:
11.07x
Higher than industry average
What These Ratios Tell Investors:
  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2016 $2.85 Billion $798.60 Million $161.00 Million 3.56x 17.68x
2017 $3.80 Billion $911.70 Million $136.90 Million 4.16x 27.73x
2018 $4.34 Billion $1.02 Billion $183.00 Million 4.26x 23.72x
2019 $6.03 Billion $1.18 Billion $152.00 Million 5.11x 39.67x
2020 $9.32 Billion $1.39 Billion $223.60 Million 6.71x 41.67x
2021 $13.81 Billion $1.70 Billion $193.30 Million 8.13x 71.46x
2022 $8.80 Billion $1.87 Billion $70.50 Million 4.70x 124.78x
2023 $11.71 Billion $2.04 Billion $141.10 Million 5.74x 82.98x
2024 $13.85 Billion $2.28 Billion $369.90 Million 6.09x 37.44x
2025 $8.94 Billion $2.46 Billion $374.20 Million 3.64x 23.89x

Competitor Companies of MORN by Market Capitalization

Companies near Morningstar Inc in the global market cap rankings as of March 19, 2026.

Key companies related to Morningstar Inc by market ranking:

  • S&P Global Inc (NYSE:SPGI): Ranked #147 globally with a market cap of $124.01 Billion USD.
  • CME Group Inc (NASDAQ:CME): Ranked #172 globally with a market cap of $110.13 Billion USD.
  • Intercontinental Exchange Inc (NYSE:ICE): Ranked #232 globally with a market cap of $86.83 Billion USD.
  • Moodys Corporation (NYSE:MCO): Ranked #291 globally with a market cap of $71.81 Billion USD.

Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#147 S&P Global Inc NYSE:SPGI $124.01 Billion $426.64
#172 CME Group Inc NASDAQ:CME $110.13 Billion $308.90
#232 Intercontinental Exchange Inc NYSE:ICE $86.83 Billion $157.16
#291 Moodys Corporation NYSE:MCO $71.81 Billion $438.67

Morningstar Inc Historical Marketcap From 2015 to 2026

Between 2015 and today, Morningstar Inc's market cap moved from $3.08 Billion to $ 7.54 Billion, with a yearly change of 8.55%.

Year Market Cap Change (%)
2026 $7.54 Billion -15.68%
2025 $8.94 Billion -35.47%
2024 $13.85 Billion +18.29%
2023 $11.71 Billion +33.10%
2022 $8.80 Billion -36.31%
2021 $13.81 Billion +48.23%
2020 $9.32 Billion +54.54%
2019 $6.03 Billion +38.93%
2018 $4.34 Billion +14.34%
2017 $3.80 Billion +33.38%
2016 $2.85 Billion -7.52%
2015 $3.08 Billion --

End of Day Market Cap According to Different Sources

On Mar 19th, 2026 the market cap of Morningstar Inc was reported to be:

Source Market Cap
Yahoo Finance $7.54 Billion USD
MoneyControl $7.54 Billion USD
MarketWatch $7.54 Billion USD
marketcap.company $7.54 Billion USD
Reuters $7.54 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.