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

Morningstar (MORN) Market Capitalization (2009 - 2026)

Morningstar's (MORN) quarterly Market Capitalization came in at $5.9 billion in Q2 2026, down 55.8% year-over-year from $13.2 billion in Q2 2025, and down 8.96% quarter-over-quarter from $6.4 billion in Q1 2026.

Analysis

Morningstar (MORN) Market Capitalization (2009 - 2026) Analysis & Trends

Morningstar (MORN) has reported Market Capitalization for 18 consecutive years, with $5.9 billion the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Market Capitalization fell 55.8% year-over-year to $5.9 billion in Q2 2026; TTM through Jun 2026 was $5.9 billion, a 55.8% decrease from a year earlier, with the FY2025 full-year figure at $8.6 billion, down 40.18% from the prior year.
  • Market Capitalization was $5.9 billion for Q2 2026 at Morningstar, down from $6.4 billion in the prior quarter.
  • Over five years, Market Capitalization peaked at $14.4 billion in Q4 2024 and troughed at $5.9 billion in Q2 2026.
  • A 5-year average of $10.6 billion and a median of $10.1 billion in 2022 frame the typical range for Market Capitalization.
  • Across the five-year window, Market Capitalization soared 52.58% in 2024 and slumped 55.8% in 2026, its largest moves.
  • Over 5 years, Market Capitalization stood at $9.2 billion in 2022, then jumped by 32.93% to $12.2 billion in 2023, then increased by 18.04% to $14.4 billion in 2024, then sank by 40.18% to $8.6 billion in 2025, then tumbled by 32.23% to $5.9 billion in 2026.
  • The last three Market Capitalization figures came in at $5.9 billion (Q2 2026), $6.4 billion (Q1 2026), and $8.6 billion (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 5.85 Bn
Mar 31, 2026 6.43 Bn
Dec 31, 2025 8.64 Bn
Sep 30, 2025 9.63 Bn
Jun 30, 2025 13.24 Bn
Mar 31, 2025 12.74 Bn
Dec 31, 2024 14.44 Bn
Sep 30, 2024 13.69 Bn
Jun 30, 2024 12.67 Bn
Mar 31, 2024 13.18 Bn
Dec 31, 2023 12.23 Bn
Sep 30, 2023 10.00 Bn
Jun 30, 2023 8.36 Bn
Mar 31, 2023 8.64 Bn
Dec 31, 2022 9.20 Bn
Sep 30, 2022 9.02 Bn
Jun 30, 2022 10.28 Bn
Mar 31, 2022 11.68 Bn
Dec 31, 2021 14.75 Bn
Sep 30, 2021 11.16 Bn