Morningstar (MORN) EBIAT (2009 - 2026)
Morningstar (MORN) reported EBIAT of $107.1 million for Q1 2026, up 36.43% year-over-year from $78.5 million in Q1 2025, and down 6.95% on a QoQ basis from $115.1 million in Q4 2025.
Morningstar (MORN) has 18 years of EBIAT data on file, last reported at $107.1 million in Q1 2026.
- Quarterly EBIAT rose 36.43% year-over-year to $107.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $402.8 million (up 4.84% YoY) and the FY2025 annual result came in at $374.2 million, up 1.16% from the prior year.
- EBIAT retreated to $107.1 million in Q1 2026 per MORN's latest filing, from $115.1 million in the prior quarter.
- Across five years, EBIAT topped out at $119.7 million in Q3 2024 and bottomed at -$9.0 million in Q3 2022.
- The 5-year median for EBIAT is $69.1 million (2024), against an average of $62.5 million.
- The widest annual swing landed in 2022, when EBIAT plunged 118.37%; it then soared 2127.27% in 2023.
- Tracing MORN's EBIAT over 5 years: stood at $3.3 million in 2022, then soared by 2127.27% to $73.5 million in 2023, then surged by 59.05% to $116.9 million in 2024, then slipped by 1.54% to $115.1 million in 2025, then declined by 6.95% to $107.1 million in 2026.
- Per Business Quant, the three latest MORN EBIAT figures stand at $107.1 million (Q1 2026), $115.1 million (Q4 2025), and $91.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIAT (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | 1.40 Bn |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | - |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | 1.43 Bn |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | 661.00 Mn |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | 519.00 Mn |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | -394.12 Mn |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | 406.00 Mn |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 385.70 Mn |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | 400.40 Mn |
| 10 | Morningstar | 7.12 Bn | 6.58 Bn | 405.90 Mn | 107.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 49.00 Mn |
| Jun 30, 2021 | 32.90 Mn |
| Mar 31, 2021 | 54.90 Mn |
| Dec 31, 2020 | 76.20 Mn |
| Sep 30, 2020 | 76.20 Mn |
| Jun 30, 2020 | 48.20 Mn |
| Mar 31, 2020 | 23.90 Mn |
| Dec 31, 2019 | 27.60 Mn |
| Sep 30, 2019 | 49.10 Mn |
| Jun 30, 2019 | 42.10 Mn |
| Mar 31, 2019 | 33.20 Mn |
| Dec 31, 2018 | 42.40 Mn |
| Sep 30, 2018 | 56.90 Mn |
| Jun 30, 2018 | 41.80 Mn |
| Mar 31, 2018 | 41.90 Mn |
| Dec 31, 2017 | 38.90 Mn |
| Sep 30, 2017 | 33.90 Mn |
| Jun 30, 2017 | 46.10 Mn |
| Mar 31, 2017 | 18.00 Mn |
| Dec 31, 2016 | 70.30 Mn |
| Sep 30, 2016 | 30.20 Mn |
| Jun 30, 2016 | 31.80 Mn |
| Mar 31, 2016 | 28.70 Mn |
| Dec 31, 2015 | 37.30 Mn |
| Sep 30, 2015 | 33.50 Mn |
| Jun 30, 2015 | 32.20 Mn |
| Mar 31, 2015 | 29.70 Mn |
| Dec 31, 2014 | 31.50 Mn |
| Sep 30, 2014 | 30.20 Mn |
| Jun 30, 2014 | -9.80 Mn |
| Mar 31, 2014 | 26.30 Mn |
| Dec 31, 2013 | 31.33 Mn |
| Sep 30, 2013 | 31.46 Mn |
| Jun 30, 2013 | 31.10 Mn |
| Mar 31, 2013 | 29.62 Mn |
| Dec 31, 2012 | 27.74 Mn |
| Sep 30, 2012 | 27.07 Mn |
| Jun 30, 2012 | 27.88 Mn |
| Mar 31, 2012 | 20.11 Mn |
| Dec 31, 2011 | 28.02 Mn |
| Sep 30, 2011 | 21.38 Mn |
| Jun 30, 2011 | 26.49 Mn |
| Mar 31, 2011 | 22.44 Mn |
| Dec 31, 2010 | 23.60 Mn |
| Sep 30, 2010 | 24.68 Mn |
| Jun 30, 2010 | 17.92 Mn |
| Mar 31, 2010 | 20.19 Mn |
| Dec 31, 2009 | 14.14 Mn |
| Sep 30, 2009 | 22.50 Mn |
| Jun 30, 2009 | 20.62 Mn |