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Morningstar (MORN) Shares Outstanding (Diluted Average) (2016 - 2025)

Morningstar (MORN) has disclosed Shares Outstanding (Diluted Average) for 17 consecutive years, with $42.2 million as the latest value for Q4 2025.

  • On a quarterly basis, Shares Outstanding (Diluted Average) fell 2.09% to $42.2 million in Q4 2025 year-over-year; TTM through Dec 2025 was $42.2 million, a 2.09% decrease, with the full-year FY2025 number at $42.2 million, down 2.09% from a year prior.
  • Shares Outstanding (Diluted Average) was $42.2 million for Q4 2025 at Morningstar, roughly flat from $42.3 million in the prior quarter.
  • In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $43.4 million in Q3 2021 to a low of $42.2 million in Q4 2025.
  • A 5-year average of $43.0 million and a median of $43.0 million in 2022 define the central range for Shares Outstanding (Diluted Average).
  • Peak YoY movement for Shares Outstanding (Diluted Average): grew 1.18% in 2024, then fell 2.09% in 2025.
  • Morningstar's Shares Outstanding (Diluted Average) stood at $43.4 million in 2021, then fell by 1.15% to $42.9 million in 2022, then changed by 0.0% to $42.9 million in 2023, then increased by 0.47% to $43.1 million in 2024, then dropped by 2.09% to $42.2 million in 2025.
  • Per Business Quant, the three most recent readings for MORN's Shares Outstanding (Diluted Average) are $42.2 million (Q4 2025), $42.3 million (Q3 2025), and $42.8 million (Q2 2025).