Morningstar (MORN) Net Margin (2009 - 2026)

Morningstar (MORN) has 16 years of Net Margin data on file, last reported at 16.63% in Q1 2026.

• On a quarterly basis, Net Margin rose 269.0% year-over-year to 16.63% in Q1 2026; TTM through Mar 2026 was 16.09%, a 131.0% decrease from a year earlier, with the FY2025 full-year figure at 15.44%, down 159.0% from the prior year.
• Net Margin for Q1 2026 stood at 16.63%, down from 17.86% in the prior quarter.
• Over the last five years, Net Margin for MORN reached as high as 21.83% in Q4 2024 and fell as low as 1.64% in Q3 2022.
• Historically, Net Margin has averaged 11.18% across 5 years, with a median of 12.29% in 2024.
• Across the five-year window, Net Margin tumbled 1263 bps in 2022 and jumped 1358 bps in 2024, its largest moves.
• Year by year, Net Margin stood at 0.88% in 2022, then jumped by 1500 bps to 14.15% in 2023, then surged by 54 bps to 21.83% in 2024, then slipped by 18 bps to 17.86% in 2025, then declined by 7 bps to 16.63% in 2026.
• Per Business Quant data, the three most recent Net Margin figures were 16.63% in Q1 2026, 17.86% in Q4 2025, and 14.85% in Q3 2025.