Morningstar (MORN) EBIT (2009 - 2026)
Morningstar (MORN) reported EBIT of $155.9 million for Q1 2026, up 36.63% year-over-year from $114.1 million in Q1 2025, and down 2.32% on a QoQ basis from $159.6 million in Q4 2025.
Morningstar (MORN) has 18 years of EBIT data on file, last reported at $155.9 million in Q1 2026.
- Quarterly EBIT rose 36.63% year-over-year to $155.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $568.4 million (up 12.27% YoY) and the FY2025 annual result came in at $526.6 million, up 8.62% from the prior year.
- EBIT fell to $155.9 million in Q1 2026 per MORN's latest filing, from $159.6 million in the prior quarter.
- Across five years, EBIT topped out at $168.2 million in Q4 2024 and bottomed at $22.0 million in Q3 2022.
- The 5-year median for EBIT is $94.4 million (2023), against an average of $92.1 million.
- The widest annual swing landed in 2022, when EBIT slumped 67.55%; it then soared 277.96% in 2024.
- Tracing MORN's EBIT over 5 years: stood at $35.5 million in 2022, then surged by 165.92% to $94.4 million in 2023, then surged by 78.18% to $168.2 million in 2024, then retreated by 5.11% to $159.6 million in 2025, then retreated by 2.32% to $155.9 million in 2026.
- Per Business Quant, the three latest MORN EBIT figures stand at $155.9 million (Q1 2026), $159.6 million (Q4 2025), and $127.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | 2.00 Bn |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | 1.31 Bn |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | 1.67 Bn |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | 922.00 Mn |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | 657.00 Mn |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | -21.42 Mn |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | 456.90 Mn |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 505.60 Mn |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | 244.80 Mn |
| 10 | Morningstar | 7.12 Bn | 6.58 Bn | 405.90 Mn | 155.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 155.90 Mn |
| Dec 31, 2025 | 159.60 Mn |
| Sep 30, 2025 | 127.80 Mn |
| Jun 30, 2025 | 125.10 Mn |
| Mar 31, 2025 | 114.10 Mn |
| Dec 31, 2024 | 168.20 Mn |
| Sep 30, 2024 | 115.50 Mn |
| Jun 30, 2024 | 108.50 Mn |
| Mar 31, 2024 | 92.60 Mn |
| Dec 31, 2023 | 94.40 Mn |
| Sep 30, 2023 | 70.00 Mn |
| Jun 30, 2023 | 41.70 Mn |
| Mar 31, 2023 | 24.50 Mn |
| Dec 31, 2022 | 35.50 Mn |
| Sep 30, 2022 | 22.00 Mn |
| Jun 30, 2022 | 53.90 Mn |
| Mar 31, 2022 | 56.40 Mn |
| Dec 31, 2021 | 74.80 Mn |
| Sep 30, 2021 | 67.80 Mn |
| Jun 30, 2021 | 47.20 Mn |
| Mar 31, 2021 | 67.20 Mn |
| Dec 31, 2020 | 65.10 Mn |
| Sep 30, 2020 | 44.30 Mn |
| Jun 30, 2020 | 61.30 Mn |
| Mar 31, 2020 | 44.50 Mn |
| Dec 31, 2019 | 39.70 Mn |
| Sep 30, 2019 | 49.60 Mn |
| Jun 30, 2019 | 50.80 Mn |
| Mar 31, 2019 | 49.50 Mn |
| Dec 31, 2018 | 49.30 Mn |
| Sep 30, 2018 | 65.40 Mn |
| Jun 30, 2018 | 53.60 Mn |
| Mar 31, 2018 | 47.50 Mn |
| Dec 31, 2017 | 42.60 Mn |
| Sep 30, 2017 | 52.80 Mn |
| Jun 30, 2017 | 46.00 Mn |
| Mar 31, 2017 | 28.40 Mn |
| Dec 31, 2016 | 49.90 Mn |
| Sep 30, 2016 | 44.20 Mn |
| Jun 30, 2016 | 44.40 Mn |
| Mar 31, 2016 | 42.30 Mn |
| Dec 31, 2015 | 50.10 Mn |
| Sep 30, 2015 | 46.20 Mn |
| Jun 30, 2015 | 49.70 Mn |
| Mar 31, 2015 | 44.50 Mn |
| Dec 31, 2014 | 46.60 Mn |
| Sep 30, 2014 | 45.30 Mn |
| Jun 30, 2014 | -24.80 Mn |
| Mar 31, 2014 | 38.50 Mn |
| Dec 31, 2013 | 41.90 Mn |
| Sep 30, 2013 | 44.61 Mn |
| Jun 30, 2013 | 43.58 Mn |
| Mar 31, 2013 | 40.56 Mn |
| Dec 31, 2012 | 39.27 Mn |
| Sep 30, 2012 | 39.86 Mn |
| Jun 30, 2012 | 41.14 Mn |
| Mar 31, 2012 | 30.40 Mn |
| Dec 31, 2011 | 34.14 Mn |
| Sep 30, 2011 | 33.86 Mn |
| Jun 30, 2011 | 38.61 Mn |
| Mar 31, 2011 | 31.81 Mn |
| Dec 31, 2010 | 32.29 Mn |
| Sep 30, 2010 | 30.16 Mn |
| Jun 30, 2010 | 27.67 Mn |
| Mar 31, 2010 | 30.94 Mn |
| Dec 31, 2009 | 23.68 Mn |
| Sep 30, 2009 | 33.68 Mn |
| Jun 30, 2009 | 32.69 Mn |