Morningstar (MORN) EBT (2009 - 2026)
Morningstar (MORN) reported EBT of $141.8 million for Q1 2026, up 30.69% year-over-year from $108.5 million in Q1 2025, and down 6.03% quarter-over-quarter from $150.9 million in Q4 2025.
Morningstar (MORN) EBT (2009 - 2026) Analysis & Trends
Morningstar (MORN) has 18 years of EBT data on file, last reported at $141.8 million in Q1 2026.
- EBT for Q1 2026 came in at $141.8 million, up 30.69% year-over-year; the trailing twelve-month figure through Mar 2026 was $532.3 million (up 3.8% YoY), and the FY2025 annual result was $499.0 million, up 1.57% from the prior year.
- EBT fell to $141.8 million in Q1 2026 per MORN's latest filing, from $150.9 million in the prior quarter.
- Over five years, EBT peaked at $162.9 million in Q4 2024 and troughed at -$2.3 million in Q3 2022.
- A 5-year average of $85.0 million and a median of $89.5 million in 2024 frame the typical range for EBT.
- The sharpest annual moves came in 2022 and 2024: EBT tumbled 103.64% in 2022, then soared 4042.86% in 2024.
- A 5-year view of EBT shows it stood at $30.6 million in 2022, then jumped by 195.1% to $90.3 million in 2023, then jumped by 80.4% to $162.9 million in 2024, then retreated by 7.37% to $150.9 million in 2025, then dropped by 6.03% to $141.8 million in 2026.
- Business Quant data shows MORN's EBT at $141.8 million in Q1 2026, $150.9 million in Q4 2025, and $123.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 122.27 Bn | 125.38 Bn | 2.94 Bn | 1.91 Bn |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn | 1.51 Bn |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn | 870.00 Mn |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - | 1.90 Bn |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn | 677.00 Mn |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn | -464.71 Mn |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn | 389.20 Mn |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn | 515.50 Mn |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn | 428.10 Mn |
| 10 | Morningstar | 6.04 Bn | 5.51 Bn | 405.90 Mn | 141.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 45.80 Mn |