Morningstar (MORN) EV to EBIT (2009 - 2026)
Morningstar's (MORN) quarterly EV to EBIT came in at 33.18 in Q2 2026, down 67.31% year-over-year from 101.51 in Q2 2025, and down 12.27% quarter-over-quarter from 37.82 in Q1 2026.
Analysis
Morningstar (MORN) EV to EBIT (2009 - 2026) Analysis & Trends
Morningstar (MORN) has reported EV to EBIT for 18 consecutive years, with 33.18 the latest figure, recorded in Q2 2026.
- On a quarterly basis, EV to EBIT fell 67.31% year-over-year to 33.18 in Q2 2026; TTM through Jun 2026 was 8.82, a 63.66% decrease from a year earlier, with the FY2025 full-year figure at 15.4, down 46.25% from the prior year.
- EV to EBIT was 33.18 for Q2 2026 at Morningstar, down from 37.82 in the prior quarter.
- Over five years, EV to EBIT peaked at 391.39 in Q3 2022 and troughed at 33.18 in Q2 2026.
- A 5-year average of 147.71 and a median of 119.36 in 2023 frame the typical range for EV to EBIT.
- Across the five-year window, EV to EBIT jumped 148.55% in 2022 and slumped 67.31% in 2026, its largest moves.
- Over 5 years, EV to EBIT stood at 247.5 in 2022, then sank by 49.32% to 125.44 in 2023, then plunged by 34.19% to 82.55 in 2024, then tumbled by 38.47% to 50.8 in 2025, then sank by 34.68% to 33.18 in 2026.
- The last three EV to EBIT figures came in at 33.18 (Q2 2026), 37.82 (Q1 2026), and 50.8 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | S&P Global | 130.73 Bn | 131.62 Bn | 2.98 Bn |
| 2 | Moodys | 85.51 Bn | 84.15 Bn | 1.67 Bn |
| 3 | Msci | 41.67 Bn | 41.32 Bn | 717.10 Mn |
| 4 | Verisk Analytics | 24.18 Bn | 23.63 Bn | 572.90 Mn |
| 5 | Factset Research Systems | 10.80 Bn | 10.50 Bn | 310.73 Mn |
| 6 | Morningstar | 7.86 Bn | 7.33 Bn | 423.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.18 |
| Mar 31, 2026 | 37.82 |
| Dec 31, 2025 | 50.80 |
| Sep 30, 2025 | 71.33 |
| Jun 30, 2025 | 101.51 |
| Mar 31, 2025 | 106.80 |
| Dec 31, 2024 | 82.55 |
| Sep 30, 2024 | 113.28 |
| Jun 30, 2024 | 112.76 |
| Mar 31, 2024 | 137.93 |
| Dec 31, 2023 | 125.44 |
| Sep 30, 2023 | 137.69 |
| Jun 30, 2023 | 191.48 |
| Mar 31, 2023 | 336.89 |
| Dec 31, 2022 | 247.50 |
| Sep 30, 2022 | 391.39 |
| Jun 30, 2022 | 182.91 |
| Mar 31, 2022 | 197.48 |
| Dec 31, 2021 | 189.92 |
| Sep 30, 2021 | 157.47 |