Morningstar (MORN) Consolidated Net Income (2009 - 2026)
Morningstar (MORN) posted Consolidated Net Income of $115.5 million for Q3 2026, up 26.1% from $91.6 million a year earlier and up 7.1% from the prior quarter.
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Analysis
Morningstar (MORN) Consolidated Net Income (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Consolidated Net Income at Morningstar was $445.5 million, up 18.5% year-over-year; for FY2025, it was $374.2 million, up 1.2% from FY2024.
- Annual Consolidated Net Income has increased for three consecutive years, with a five-year compound annual growth rate of 10.8% (FY2020 to FY2025).
- In prior years, Morningstar's Consolidated Net Income was $369.9 million in FY2024 (+162.2%), $141.1 million in FY2023 (+100.1%), $70.5 million in FY2022 (-63.5%) and $193.3 million in FY2021 (-13.6%).
- The Q3 2026 figure stands as the highest quarterly Consolidated Net Income since Q4 2024.
- On a year-over-year basis, Consolidated Net Income has increased in each of the last three quarters, with growth averaging 21.1% over the last eight quarters.
- The strongest year-over-year quarter for Consolidated Net Income in the past five years was Q3 2024, with growth of 206.1%; the weakest was Q4 2022, with a decline of 94.2%.
- According to Business Quant data, Consolidated Net Income for the three prior quarters was $107.8 million (Q2 2026), $107.1 million (Q1 2026) and $115.1 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 135.95 Bn | 125.80 Bn | 2.64 Bn | 1.35 Bn |
| 2 | Moodys | 87.18 Bn | 80.11 Bn | 1.50 Bn | 736.00 Mn |
| 3 | Msci | 46.24 Bn | 44.72 Bn | 739.80 Mn | 351.00 Mn |
| 4 | Verisk Analytics | 26.46 Bn | 21.10 Bn | 572.90 Mn | 228.60 Mn |
| 5 | Equifax | 22.29 Bn | 21.56 Bn | 940.10 Mn | 213.40 Mn |
| 6 | TransUnion | 15.65 Bn | 12.34 Bn | - | 160.50 Mn |
| 7 | Factset Research Systems | 11.79 Bn | 10.64 Bn | 308.40 Mn | 121.13 Mn |
| 8 | Morningstar | 9.04 Bn | 6.93 Bn | 431.40 Mn | 115.50 Mn |
| 9 | Mastercard | 577.18 Bn | 537.27 Bn | - | 4.63 Bn |
| 10 | Cme | 108.04 Bn | 96.37 Bn | - | 1.04 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 115.50 Mn |
| Jun 30, 2026 | 107.80 Mn |
| Mar 31, 2026 | 107.10 Mn |
| Dec 31, 2025 | 115.10 Mn |
| Sep 30, 2025 | 91.60 Mn |
| Jun 30, 2025 | 89.00 Mn |
| Mar 31, 2025 | 78.50 Mn |
| Dec 31, 2024 | 116.90 Mn |
| Sep 30, 2024 | 119.70 Mn |
| Jun 30, 2024 | 69.10 Mn |
| Mar 31, 2024 | 64.20 Mn |
| Dec 31, 2023 | 73.50 Mn |
| Sep 30, 2023 | 39.10 Mn |
| Jun 30, 2023 | 36.10 Mn |
| Mar 31, 2023 | -7.60 Mn |
| Dec 31, 2022 | 3.30 Mn |
| Sep 30, 2022 | -9.00 Mn |
| Jun 30, 2022 | 30.10 Mn |
| Mar 31, 2022 | 46.10 Mn |
| Dec 31, 2021 | 56.50 Mn |
API Access
Morningstar Consolidated Net Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=consolidated-net-income&ticker=MORN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "consolidated-net-income", "ticker": "MORN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=consolidated-net-income&ticker=MORN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();