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EBITDA at other companies

S&P Global logo
S&P GlobalSPGI
$2.12B+14.7%
VAL
Value LineVALU
$343K-70.0%
FactSet Research Systems logo
FactSet Research SystemsFDS
$212.17M-9.7%
Moody's logo
Moody'sMCO
$1.17B+24.9%
MSCI logo
MSCIMSCI
$493.7M+14.6%
Blackrock logo
BlackrockBLK
$2.85B+46.1%

Other financials

Income statement

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Revenue$663.2M+9.6%
Gross profit$423.9M+13.2%
Operating income$160.6M+28.4%
Net income$107.8M+21.1%
EPS (diluted)$2.83+35.4%

Balance sheet

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Cash & equivalents$489.5M-2.8%
Total debt$1.9B+86.0%
Total equity$1.0B-36.6%
Total assets$3.9B+8.7%

Cash flow

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Operating cash flow$155.7M+57.3%
CapEx$33.2M-9.3%
Free cash flow$122.5M+96.3%

Valuation

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Market cap$7.37B-32.8%
Enterprise value$8.81B-23.4%
P/E17.5×-9.6×
P/S2.9×-1.8×

Profitability

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Gross margin62.2%+1.3pp
Operating margin23.5%+1.3pp
Net margin16.4%-0.8pp
FCF margin19.4%+2.8pp

Returns & leverage

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Return on equity32%+5.4pp
Debt / equity1.9×+1.2×
Current ratio1.1×-0.1×

Where this comes from

Calculated from Morningstar’s reported figures.

$160.6Mebit+
$53.5MDepreciation Depletion & Amortization
=$214.1M

The source filing: Morningstar’s 10-Q, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 4:27 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001289419-26-000041

FAQ

What is Morningstar's EBITDA?
Morningstar (MORN) reported EBITDA of $214.1M in Q2 2026.
How has Morningstar's EBITDA changed year-over-year?
Morningstar's EBITDA increased by 23.3% year-over-year, from $173.6M to $214.1M.
What is the long-term trend for Morningstar's EBITDA?
Over 4 years (2021 to 2025), Morningstar's EBITDA has grown at a 15.1% compound annual growth rate (CAGR), from $407.7M to $716.5M.
What does EBITDA mean?
Earnings before interest, taxes, depreciation, and amortization — EBIT plus the D&A add-back from the cash-flow statement (EBITDA = EBIT + D&A). A proxy for cash earnings that strips out financing, tax, and non-cash charges.

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