Morningstar (MORN) EBT (2009 - 2026)
Morningstar (MORN) reported EBT of $147 million for Q2 2026, up 26.2% from $116.5 million a year earlier and up 3.7% from the prior quarter.
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Analysis
Morningstar (MORN) EBT (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Morningstar's EBT came in at $562.8 million, up 4.3% year-over-year; for FY2025, it was $499 million, up 1.6% from FY2024.
- EBT has increased for three consecutive years, with a five-year compound annual growth rate of 12.0% (FY2020 to FY2025).
- By year, EBT came in at $491.3 million in FY2024 (+170.7%), $181.5 million in FY2023 (+39.0%), $130.6 million in FY2022 (-47.9%) and $250.5 million in FY2021 (-11.5%).
- Five-year quarterly EBT spans a low of -$2.3 million in Q3 2022 and a high of $162.9 million in Q4 2024.
- Year over year, EBT gained in six of the last eight quarters, with growth averaging 41.3%.
- The high point for year-over-year EBT in five years was Q4 2023 (growth of 195.1%); the low point was Q1 2023 (a decline of 96.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $141.8 million (Q1 2026), $150.9 million (Q4 2025) and $123.1 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 116.73 Bn | 112.33 Bn | 2.98 Bn | 1.73 Bn |
| 2 | Moodys | 79.69 Bn | 72.12 Bn | 1.67 Bn | 1.17 Bn |
| 3 | Msci | 39.48 Bn | 37.82 Bn | 717.10 Mn | 417.30 Mn |
| 4 | Verisk Analytics | 21.83 Bn | 16.47 Bn | 572.90 Mn | 303.40 Mn |
| 5 | Equifax | 17.14 Bn | 16.54 Bn | 926.40 Mn | 256.90 Mn |
| 6 | TransUnion | 12.68 Bn | 9.66 Bn | - | 201.50 Mn |
| 7 | Factset Research Systems | 9.57 Bn | 8.33 Bn | 310.73 Mn | 154.12 Mn |
| 8 | Morningstar | 7.19 Bn | 5.09 Bn | 423.90 Mn | 147.00 Mn |
| 9 | Mastercard | 494.77 Bn | 454.69 Bn | - | 5.49 Bn |
| 10 | Cme | 94.58 Bn | 94.58 Bn | - | 1.33 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 147.00 Mn |
| Mar 31, 2026 | 141.80 Mn |
| Dec 31, 2025 | 150.90 Mn |
| Sep 30, 2025 | 123.10 Mn |
| Jun 30, 2025 | 116.50 Mn |
| Mar 31, 2025 | 108.50 Mn |
| Dec 31, 2024 | 162.90 Mn |
| Sep 30, 2024 | 151.90 Mn |
| Jun 30, 2024 | 89.50 Mn |
| Mar 31, 2024 | 87.00 Mn |
| Dec 31, 2023 | 90.30 Mn |
| Sep 30, 2023 | 57.40 Mn |
| Jun 30, 2023 | 31.70 Mn |
| Mar 31, 2023 | 2.10 Mn |
| Dec 31, 2022 | 30.60 Mn |
| Sep 30, 2022 | -2.30 Mn |
| Jun 30, 2022 | 39.30 Mn |
| Mar 31, 2022 | 63.00 Mn |
| Dec 31, 2021 | 74.20 Mn |
| Sep 30, 2021 | 63.20 Mn |
API Access
Morningstar EBT 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=ebt&ticker=MORN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt", "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=ebt&ticker=MORN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();