Morningstar (MORN) Return on Sales [ROS] (2009 - 2026)
Morningstar (MORN) posted Return on Sales [ROS] of 24.91% for Q3 2026, up 4.21 percentage points from 20.70% a year earlier and up 0.69 percentage points from the prior quarter.
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Analysis
Morningstar (MORN) Return on Sales [ROS] (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Return on Sales [ROS] at Morningstar was 24.55%, up 2.21 percentage points year-over-year; for FY2025, it came in at 21.53%, up 0.22 percentage points from FY2024.
- Annual Return on Sales [ROS] has increased for three consecutive years, with a five-year change of +6.05 percentage points (FY2020 to FY2025).
- In prior years, Morningstar's Return on Sales [ROS] was 21.31% in FY2024 (+10.00 pp), 11.31% in FY2023 (+2.34 pp), 8.97% in FY2022 (-6.15 pp) and 15.12% in FY2021 (-0.36 pp).
- The Q3 2026 figure stands as the highest quarterly Return on Sales [ROS] since Q4 2024.
- On a year-over-year basis, Return on Sales [ROS] has increased in each of the last three quarters, with an average year-over-year change of +3.04 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Sales [ROS] in the past five years was Q1 2024, with a gain of 11.95 percentage points; the weakest was Q3 2022, with a drop of 11.11 percentage points.
- According to Business Quant data, Return on Sales [ROS] for the three prior quarters was 24.22% (Q2 2026), 24.18% (Q1 2026) and 24.89% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROS (Qtr) |
|---|---|---|---|---|---|
| 1 | Msci | 235.55 Bn | 234.03 Bn | 739.80 Mn | 56.29% |
| 2 | S&P Global | 137.22 Bn | 132.42 Bn | 2.64 Bn | 53.18% |
| 3 | Moodys | 88.04 Bn | 81.11 Bn | 1.50 Bn | 44.78% |
| 4 | Verisk Analytics | 26.17 Bn | 22.36 Bn | 567.00 Mn | 45.15% |
| 5 | Equifax | 22.05 Bn | 21.44 Bn | 940.10 Mn | 20.99% |
| 6 | TransUnion | 15.64 Bn | 12.48 Bn | - | 20.36% |
| 7 | Factset Research Systems | 11.49 Bn | 10.35 Bn | 308.40 Mn | 24.68% |
| 8 | Morningstar | 9.15 Bn | 7.04 Bn | 431.40 Mn | 24.91% |
| 9 | Mastercard | 570.55 Bn | 530.63 Bn | - | 59.77% |
| 10 | Cme | 110.48 Bn | 98.81 Bn | 359.20 Mn | 65.70% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 24.91% |
| Jun 30, 2026 | 24.22% |
| Mar 31, 2026 | 24.18% |
| Dec 31, 2025 | 24.89% |
| Sep 30, 2025 | 20.70% |
| Jun 30, 2025 | 20.67% |
| Mar 31, 2025 | 19.61% |
| Dec 31, 2024 | 28.46% |
| Sep 30, 2024 | 20.28% |
| Jun 30, 2024 | 18.97% |
| Mar 31, 2024 | 17.06% |
| Dec 31, 2023 | 17.52% |
| Sep 30, 2023 | 13.58% |
| Jun 30, 2023 | 8.26% |
| Mar 31, 2023 | 5.11% |
| Dec 31, 2022 | 7.47% |
| Sep 30, 2022 | 4.70% |
| Jun 30, 2022 | 11.46% |
| Mar 31, 2022 | 12.34% |
| Dec 31, 2021 | 16.18% |
API Access
Morningstar Return on Sales [ROS] 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=return-on-sales-%5Bros%5D&ticker=MORN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-sales-[ros]", "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=return-on-sales-%5Bros%5D&ticker=MORN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();