Morningstar MORN
NASDAQ MORN
$198.09 -2.44 (-1.22%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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