Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Morningstar (MORN) EBITDA Margin (2016 - 2025)

Morningstar (MORN) has disclosed EBITDA Margin for 17 consecutive years, with 29.9% as the latest value for Q4 2025.

  • On a quarterly basis, EBITDA Margin fell 428.0% to 29.9% in Q4 2025 year-over-year; TTM through Dec 2025 was 26.85%, a 3.0% increase, with the full-year FY2025 number at 26.85%, up 3.0% from a year prior.
  • EBITDA Margin was 29.9% for Q4 2025 at Morningstar, up from 25.87% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 34.18% in Q4 2024 to a low of 4.7% in Q3 2022.
  • A 5-year average of 17.74% and a median of 16.65% in 2021 define the central range for EBITDA Margin.
  • Peak YoY movement for EBITDA Margin: plummeted -1111bps in 2022, then soared 1733bps in 2024.
  • Morningstar's EBITDA Margin stood at 16.18% in 2021, then crashed by -54bps to 7.47% in 2022, then skyrocketed by 134bps to 17.52% in 2023, then soared by 95bps to 34.18% in 2024, then dropped by -13bps to 29.9% in 2025.
  • Per Business Quant, the three most recent readings for MORN's EBITDA Margin are 29.9% (Q4 2025), 25.87% (Q3 2025), and 26.16% (Q2 2025).