Morningstar (MORN) Net Margin (2009 - 2026)

Morningstar (MORN) has reported Net Margin for 18 consecutive years, with 16.39% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Net Margin rose 148.0% year-over-year to 16.39% in Q2 2026; TTM through Jun 2026 was 16.45%, a 156.0% decrease from a year earlier, with the FY2025 full-year figure at 15.44%, down 159.0% from the prior year.
• Net Margin was 16.39% for Q2 2026 at Morningstar, down from 16.63% in the prior quarter.
• Over five years, Net Margin peaked at 21.83% in Q4 2024 and troughed at 1.64% in Q3 2022.
• A 5-year average of 11.47% and a median of 13.11% in 2025 frame the typical range for Net Margin.
• Across the five-year window, Net Margin slumped 1263 bps in 2022 and surged 1358 bps in 2024, its largest moves.
• Over 5 years, Net Margin stood at 0.88% in 2022, then soared by 1500 bps to 14.15% in 2023, then jumped by 54 bps to 21.83% in 2024, then declined by 18 bps to 17.86% in 2025, then dropped by 8 bps to 16.39% in 2026.
• The last three Net Margin figures came in at 16.39% (Q2 2026), 16.63% (Q1 2026), and 17.86% (Q4 2025), per Business Quant data.