Morningstar Inc (NASDAQ:MORN) — Market Cap & Net Worth

$6.28 Billion USD  · Rank #3096

Market Cap & Net Worth: Morningstar Inc (MORN)

Morningstar Inc (NASDAQ:MORN) has a market capitalization of $6.28 Billion ($6.28 Billion) as of September 16, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #3096 globally and #1088 in its home market, demonstrating a -6.54% 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 $201.64 by its total outstanding shares 38028018 (38.03 Million). Also see how large is Morningstar Inc's balance sheet for a full breakdown of the balance sheet.

Morningstar Inc Market Cap History: 2015 to 2026

Morningstar Inc's market capitalization history from 2015 to 2026. Data shows growth from $2.85 Billion to $7.67 Billion (9.10% CAGR). Also see cash efficiency ratio of Morningstar Inc for how efficiently the company converts equity into cash flow.

Index Memberships

Morningstar Inc is a constituent of 3 market indices:

Index Total Market Cap Weight (%) Rank by Market Cap
NASDAQ Financial 100
IXF
$1.05 Trillion 0.60% #39 of 100
NASDAQ Composite
IXIC
$41.94 Trillion 0.01% #339 of 3165
S&P Midcap 400
MID
$3.42 Trillion 0.29% #217 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. Check Morningstar Inc stock price for real-time trading data and today's change.

Latest Price to Sales (P/S) Ratio

3.38x

Morningstar Inc's market cap is 3.38 times its annual revenue

Industry average: 27.37x Lower than industry average

Latest Price to Earnings (P/E) Ratio

22.08x

Morningstar Inc's market cap is 22.08 times its annual earnings

Industry average: 4.32x 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 $2.63 Billion $798.60 Million $161.00 Million 3.29x 16.34x
2017 $3.51 Billion $911.70 Million $136.90 Million 3.85x 25.64x
2018 $4.01 Billion $1.02 Billion $183.00 Million 3.93x 21.93x
2019 $5.58 Billion $1.18 Billion $152.00 Million 4.73x 36.68x
2020 $8.62 Billion $1.39 Billion $223.60 Million 6.20x 38.53x
2021 $12.77 Billion $1.70 Billion $193.30 Million 7.52x 66.07x
2022 $8.13 Billion $1.87 Billion $70.50 Million 4.35x 115.37x
2023 $10.83 Billion $2.04 Billion $141.10 Million 5.31x 76.73x
2024 $12.81 Billion $2.28 Billion $369.90 Million 5.63x 34.62x
2025 $8.26 Billion $2.45 Billion $374.20 Million 3.38x 22.08x

Competitor Companies of MORN by Market Capitalization

Companies near Morningstar Inc in the global market cap rankings as of September 16, 2026. Review MORN intangible-adjusted equity ratio to assess the quality of the company's equity after excluding intangible assets.

Key companies related to Morningstar Inc by market ranking:

  • S&P Global Inc (NYSE:SPGI): Ranked #208 globally with a market cap of $120.33 Billion USD.
  • CME Group Inc (NASDAQ:CME): Ranked #248 globally with a market cap of $101.63 Billion USD.
  • Intercontinental Exchange Inc (NYSE:ICE): Ranked #353 globally with a market cap of $78.63 Billion USD.
  • Moodys Corporation (NYSE:MCO): Ranked #355 globally with a market cap of $78.32 Billion USD.
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#208 S&P Global Inc NYSE:SPGI $120.33 Billion $418.54
#248 CME Group Inc NASDAQ:CME $101.63 Billion $280.46
#353 Intercontinental Exchange Inc NYSE:ICE $78.63 Billion $157.75
#355 Moodys Corporation NYSE:MCO $78.32 Billion $477.93

Morningstar Inc Historical Marketcap From 2015 to 2026

Between 2015 and today, Morningstar Inc's market cap moved from $2.85 Billion to $ 7.67 Billion, with a yearly change of 9.10%.

Year Market Cap Change (%)
2026 $7.67 Billion -7.21%
2025 $8.26 Billion -35.47%
2024 $12.81 Billion +18.29%
2023 $10.83 Billion +33.10%
2022 $8.13 Billion -36.31%
2021 $12.77 Billion +48.23%
2020 $8.62 Billion +54.54%
2019 $5.58 Billion +38.93%
2018 $4.01 Billion +14.34%
2017 $3.51 Billion +33.38%
2016 $2.63 Billion -7.52%
2015 $2.85 Billion --

End of Day Market Cap According to Different Sources

On Sep 15th, 2026 the market cap of Morningstar Inc was reported to be:

Source Market Cap
Yahoo Finance $6.28 Billion USD
MoneyControl $6.28 Billion USD
MarketWatch $6.28 Billion USD
marketcap.company $6.28 Billion USD
Reuters $6.28 Billion USD

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

About Morningstar Inc

NASDAQ:MORN USA Financial Data & Stock Exchanges
Market Cap
$7.67 Billion
Market Cap Rank
#3096 Global
#1088 in USA
Share Price
$201.64
Change (1 day)
+5.56%
52-Week Range
$141.84 - $248.92
All Time High
$358.78
About

Morningstar, Inc. provides independent investment insights for investors in the United States, Asia, Australia, Canada, Continental Europe, the United Kingdom, and internationally. It operates through five segments: Morningstar Direct Platform, PitchBook, Morningstar Credit, Morningstar Wealth, and Morningstar Retirement. The company offers managed investments, including mutual funds, exchanged t… Read more