Morningstar MORN
NASDAQ MORN
$192.98 -5.10 (-2.58%)
As of: Sep 10, 2026 · 3:59 PM EDT

Morningstar (MORN) EBT Margin (2009 - 2026)

Morningstar's (MORN) quarterly EBT Margin came in at 22.17% in Q2 2026, up 291.0% year-over-year from 5.67% in Q2 2025, and up 0.79% quarter-over-quarter from 21.99% in Q1 2026.

Analysis

Morningstar (MORN) EBT Margin (2009 - 2026) Analysis & Trends

Morningstar (MORN) has reported EBT Margin for 18 consecutive years, with 22.17% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, EBT Margin rose 291.0% year-over-year to 22.17% in Q2 2026; TTM through Jun 2026 was 21.93%, a 107.0% decrease from a year earlier, with the FY2025 full-year figure at 20.4%, down 119.0% from the prior year.
  • EBT Margin was 22.17% for Q2 2026 at Morningstar, up from 21.99% in the prior quarter.
  • Over five years, EBT Margin peaked at 27.56% in Q4 2024 and troughed at 0.49% in Q3 2022.
  • A 5-year average of 15.23% and a median of 16.4% in 2024 frame the typical range for EBT Margin.
  • Across the five-year window, EBT Margin tumbled 1523 bps in 2022 and jumped 1559 bps in 2024, its largest moves.
  • Over 5 years, EBT Margin stood at 6.44% in 2022, then surged by 160 bps to 16.76% in 2023, then surged by 64 bps to 27.56% in 2024, then retreated by 15 bps to 23.54% in 2025, then dropped by 6 bps to 22.17% in 2026.
  • The last three EBT Margin figures came in at 22.17% (Q2 2026), 21.99% (Q1 2026), and 23.54% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 S&P Global 121.34 Bn 117.20 Bn 2.98 Bn 41.70%
2 Moodys 81.34 Bn 79.84 Bn 1.67 Bn 53.59%
3 Msci 39.85 Bn 39.49 Bn 717.10 Mn 48.13%
4 Verisk Analytics 22.97 Bn 22.42 Bn 572.90 Mn 37.63%
5 Factset Research Systems 9.48 Bn 9.17 Bn 310.73 Mn 24.74%
6 Morningstar 7.30 Bn 6.77 Bn 423.90 Mn 22.17%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 22.17%
Mar 31, 2026 21.99%
Dec 31, 2025 23.54%
Sep 30, 2025 19.94%
Jun 30, 2025 19.25%
Mar 31, 2025 18.65%
Dec 31, 2024 27.56%
Sep 30, 2024 26.68%
Jun 30, 2024 15.65%
Mar 31, 2024 16.03%
Dec 31, 2023 16.76%
Sep 30, 2023 11.13%
Jun 30, 2023 6.28%
Mar 31, 2023 0.44%
Dec 31, 2022 6.44%
Sep 30, 2022 -0.49%
Jun 30, 2022 8.35%
Mar 31, 2022 13.79%
Dec 31, 2021 16.05%
Sep 30, 2021 14.74%