Skip to content
Screener

Morningstar MORN Operating margin

Operating margin at other companies

S&P Global logo
S&P GlobalSPGI
44.4%+4.5pp
VAL
Value LineVALU
12.1%-5.0pp
FactSet Research Systems logo
FactSet Research SystemsFDS
29.6%-1.0pp
Moody's logo
Moody'sMCO
44.8%+4.2pp
MSCI logo
MSCIMSCI
55.7%+1.8pp
Blackrock logo
BlackrockBLK
32.6%-2.2pp

Other financials

Income statement

See full
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

See full
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

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

Valuation

See full
Market cap$7.48B-32.8%
Enterprise value$8.91B-23.4%
P/E17.7×-9.8×
P/S2.9×-1.8×

Profitability

See full
Gross margin62.2%+1.3pp
Net margin16.4%-0.8pp
FCF margin19.4%+2.8pp

Returns & leverage

See full
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.

Based on trailing twelve months.

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 operating margin?
Morningstar (MORN) reported operating margin of 23.5% in Q2 2026.
How has Morningstar's operating margin changed year-over-year?
Morningstar's operating margin increased by 5.6% year-over-year, from 22.3% to 23.5%.
What is the long-term trend for Morningstar's operating margin?
Over 5 years (2020 to 2025), Morningstar's operating margin has grown at a 6.8% compound annual growth rate (CAGR), from 15.5% to 21.5%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

Ask your AI about Morningstar's operating margin.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude