Morningstar (MORN) Profit After Tax (2009 - 2026)
Morningstar (MORN) reported Profit After Tax of $108.7 million for Q2 2026, up 20.5% from $90.2 million a year earlier and up 1.4% from the prior quarter.
Powered by 
Analysis
Morningstar (MORN) Profit After Tax (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Morningstar's Profit After Tax came in at $422.1 million, down 0.1% year-over-year; for FY2025, it was $377.5 million, down 2.5% from FY2024.
- Profit After Tax has a five-year compound annual growth rate of 11.1% (FY2020 to FY2025).
- By year, Profit After Tax came in at $387.3 million in FY2024 (+160.8%), $148.5 million in FY2023 (+100.4%), $74.1 million in FY2022 (-60.6%) and $187.9 million in FY2021 (-15.9%).
- Five-year quarterly Profit After Tax spans a low of -$7.7 million in Q3 2022 and a high of $129 million in Q4 2024.
- Year over year, Profit After Tax gained in six of the last eight quarters, with growth averaging 42.2%.
- The high point for year-over-year Profit After Tax in five years was Q3 2024 (growth of 200.5%); the low point was Q4 2022 (a decline of 92.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $107.2 million (Q1 2026), $114.5 million (Q4 2025) and $91.7 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 113.90 Bn | 109.50 Bn | 2.98 Bn | 1.32 Bn |
| 2 | Moodys | 76.48 Bn | 68.91 Bn | 1.67 Bn | 879.00 Mn |
| 3 | Msci | 38.99 Bn | 37.33 Bn | 717.10 Mn | 342.00 Mn |
| 4 | Verisk Analytics | 21.33 Bn | 15.96 Bn | 572.90 Mn | 228.60 Mn |
| 5 | Equifax | 16.47 Bn | 15.87 Bn | 926.40 Mn | 185.10 Mn |
| 6 | TransUnion | 12.16 Bn | 9.14 Bn | - | 146.70 Mn |
| 7 | Factset Research Systems | 9.52 Bn | 8.28 Bn | 310.73 Mn | 126.72 Mn |
| 8 | Morningstar | 6.89 Bn | 4.79 Bn | 423.90 Mn | 108.70 Mn |
| 9 | Mastercard | 480.84 Bn | 440.75 Bn | - | 4.39 Bn |
| 10 | Cme | 94.54 Bn | 94.54 Bn | - | 1.04 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 108.70 Mn |
| Mar 31, 2026 | 107.20 Mn |
| Dec 31, 2025 | 114.50 Mn |
| Sep 30, 2025 | 91.70 Mn |
| Jun 30, 2025 | 90.20 Mn |
| Mar 31, 2025 | 81.10 Mn |
| Dec 31, 2024 | 129.00 Mn |
| Sep 30, 2024 | 122.30 Mn |
| Jun 30, 2024 | 70.30 Mn |
| Mar 31, 2024 | 65.70 Mn |
| Dec 31, 2023 | 76.20 Mn |
| Sep 30, 2023 | 40.70 Mn |
| Jun 30, 2023 | 37.90 Mn |
| Mar 31, 2023 | -6.30 Mn |
| Dec 31, 2022 | 4.20 Mn |
| Sep 30, 2022 | -7.70 Mn |
| Jun 30, 2022 | 31.90 Mn |
| Mar 31, 2022 | 45.70 Mn |
| Dec 31, 2021 | 55.70 Mn |
| Sep 30, 2021 | 47.10 Mn |
API Access
Morningstar Profit After Tax API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=profit-after-tax&ticker=MORN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "profit-after-tax", "ticker": "MORN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=profit-after-tax&ticker=MORN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();