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Morningstar, Inc.

MORN Finance Investment Managers
$185.76
▲ +1.0% Today
as of Jun 7, 07:21 ET
Last 30 days +1.10% Apr 28 → Jun 05
$163.67 $172.30 $180.94 $189.57 $198.20 Apr 28 May 05 May 13 May 20 May 29 Jun 05
Open
$185.87
High
$187.25
Low
$183.99
Volume
$418,791
Avg Vol
$449,043
Mkt Cap
$6.8B
P/E (TTM)
26.58
Beta
52w High
$316.71
52w Low
$149.08
Div Yield
Shares Out
$38M

Overview

52-week range
$149
$317
22% of range
Avg surprise (last 0)
Avg reaction (last 1)
+0.8%
100% positive
Latest IV / EM
50%
EM ±6.9% · $185 · Jun 18

Earnings trends

EPS — actual vs estimate Actual Estimate
$0.84$1.32$1.81$2.29$2.77 Actual $0.84Actual $0.91Actual $1.49Actual $1.60Actual $2.77Actual $2.23Actual $2.09Actual $2.17Actual $2.73 JunSepMarJunSepMar/2025JunSepMar
Revenue vs Net Income Revenue Net income
$0$169M$339M$508M$677M Jun 24Sep 24Mar 25Jun 25Sep 25Mar 26

Earnings history

DatePeriodActual EPSEstSurpriseYoY %ΔDay reactSource
Tue Mar 31, 2026Mar 2026 $2.73 financials
Tue Sep 30, 2025Sep 2025 $2.17 financials
Mon Jun 30, 2025Jun 2025 $2.09 financials
Wed Apr 30, 2025Mar/2025 $2.23 +0.8% earnings
Mon Sep 30, 2024Sep 2024 $2.77 financials
Sun Jun 30, 2024Jun 2024 $1.60 financials
Sun Mar 31, 2024Mar 2024 $1.49 financials
Sat Sep 30, 2023Sep 2023 $0.91 financials
Fri Jun 30, 2023Jun 2023 $0.84 financials

Financials

Income statement (quarterly)

MetricMar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024
Revenue$645M$617M$605M$582M$569M$572M
Cost of revenue
Gross profit
Operating income$156M$128M$125M$114M$116M$108M
Net income
EPS (diluted)$2.73$2.17$2.09$1.82$2.77$1.60

Balance sheet (quarterly)

MetricMar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024
Cash & equivalents
Inventory
Total current assets$1.06B$1.04B$979M$1.04B$1.01B$1.01B$1.02B$876M
Total assets$3.99B$3.59B$3.56B$3.63B$3.59B$3.55B$3.57B$3.40B
Long-term debt$1.71B$1.07B$849M$839M$804M$699M$865M$900M
Total liabilities$2.97B$2.37B$2.04B$2.02B$1.98B$1.93B$2.00B$1.97B
Total equity

Implied volatility — last 90 days

44%47%49%52%54% Jun 07 — IV 50% · EM ±6.9%

Sector peers

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