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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) EBT Margin (2016 - 2025)

Morningstar (MORN) has disclosed EBT Margin for 17 consecutive years, with 23.54% as the latest value for Q4 2025.

  • On a quarterly basis, EBT Margin fell 403.0% to 23.54% in Q4 2025 year-over-year; TTM through Dec 2025 was 20.4%, a 119.0% decrease, with the full-year FY2025 number at 20.4%, down 119.0% from a year prior.
  • EBT Margin was 23.54% for Q4 2025 at Morningstar, up from 19.94% in the prior quarter.
  • In the past five years, EBT Margin ranged from a high of 27.56% in Q4 2024 to a low of 0.49% in Q3 2022.
  • A 5-year average of 14.45% and a median of 15.84% in 2024 define the central range for EBT Margin.
  • Peak YoY movement for EBT Margin: tumbled -1523bps in 2022, then surged 1559bps in 2024.
  • Morningstar's EBT Margin stood at 16.05% in 2021, then tumbled by -60bps to 6.44% in 2022, then skyrocketed by 160bps to 16.76% in 2023, then skyrocketed by 64bps to 27.56% in 2024, then fell by -15bps to 23.54% in 2025.
  • Per Business Quant, the three most recent readings for MORN's EBT Margin are 23.54% (Q4 2025), 19.94% (Q3 2025), and 19.25% (Q2 2025).