We deliver connected data, independent research, investor-first tools, and long-term portfolio strategies with a focus on removing frictions that can slow decisions, cloud markets, and drive up costs. Our Business Morningstar, Inc. is a leading global provider of independent investment insights.
Margins and capital returns are both well above average: 21.53% operating margin, ROIC at 16.19%. Consistent with durable pricing power, though that alone doesn't make it a buy.
Revenue grew 7.5%, steady but not accelerating.
Insufficient data to identify specific risks. Treat any missing metrics as a data gap, not a clean bill of health.
Profitability & Returns
Revenue (TTM)
$2.51B
▲ +7.5% YoY
Net Income (TTM)
$403M
▲ +1.2% YoY
Op. Margin
22.66%
▲ +0.2pp YoY
ROIC
16.54%
▲ +1.1pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$437M
▼ -1.4% YoY
Op. Cash Flow (TTM)
$590M
▼ -0.3% YoY
Net Debt
$1.39B
Cash & Equiv.
$532M
5Y CAGR: +12.0%
5Y CAGR: +7.5%
Continue Research