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Ratios
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) Gross Margin (2016 - 2026)

Morningstar (MORN) has disclosed Gross Margin for 18 consecutive years, with 62.95% as the latest value for Q1 2026.

  • For Q1 2026, Gross Margin fell 1770.0% year-over-year to 62.95%; the TTM value through Mar 2026 reached 66.74%, down 392.0%, while the annual FY2025 figure was 61.03%, 40.0% up from the prior year.
  • Gross Margin hit 62.95% in Q1 2026 for Morningstar, up from 61.13% in the prior quarter.
  • Across five years, Gross Margin topped out at 147.96% in Q4 2022 and bottomed at 57.99% in Q2 2022.
  • Average Gross Margin over 5 years is 76.29%, with a median of 78.3% recorded in 2023.
  • Year-over-year, Gross Margin surged 8898bps in 2022 and then crashed -8609bps in 2023.
  • Morningstar's Gross Margin stood at 147.96% in 2022, then plummeted by -58bps to 61.87% in 2023, then decreased by -2bps to 60.71% in 2024, then grew by 1bps to 61.13% in 2025, then rose by 3bps to 62.95% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods came in at 62.95%, 61.13%, and 81.29% for Q1 2026, Q4 2025, and Q3 2025 respectively.