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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |