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% quarter-over-quarter from $159.6 million in Q4 2025.
Morningstar (MORN) EBIT (2009 - 2026) Analysis & Trends
Morningstar (MORN) has 18 years of EBIT data on file, last reported at $155.9 million in Q1 2026.
- EBIT for Q1 2026 came in at $155.9 million, up 36.63% year-over-year; the trailing twelve-month figure through Mar 2026 was $568.4 million (up 12.27% YoY), and the FY2025 annual result was $526.6 million, up 8.62% from the prior year.
- EBIT declined to $155.9 million in Q1 2026 per MORN's latest filing, from $159.6 million in the prior quarter.
- Over five years, EBIT peaked at $168.2 million in Q4 2024 and troughed at $22.0 million in Q3 2022.
- A 5-year average of $92.1 million and a median of $94.4 million in 2023 frame the typical range for EBIT.
- The sharpest annual moves came in 2022 and 2024: EBIT plunged 67.55% in 2022, then surged 277.96% in 2024.
- A 5-year view of EBIT shows it stood at $35.5 million in 2022, then jumped by 165.92% to $94.4 million in 2023, then jumped by 78.18% to $168.2 million in 2024, then slipped by 5.11% to $159.6 million in 2025, then slipped by 2.32% to $155.9 million in 2026.
- Business Quant data shows MORN's EBIT at $155.9 million in Q1 2026, $159.6 million in Q4 2025, and $127.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 122.27 Bn | 125.38 Bn | 2.94 Bn | 2.00 Bn |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn | 1.31 Bn |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn | 922.00 Mn |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - | 1.67 Bn |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn | 657.00 Mn |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn | -21.42 Mn |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn | 456.90 Mn |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn | 505.60 Mn |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn | 244.80 Mn |
| 10 | Morningstar | 6.04 Bn | 5.51 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 |