Morningstar (MORN) stock

Investment data , market cap $9.2B

Investment data

Worth $9.2B

$246.47

+0.13%

As of Tuesday's close · Live for Pro members at the open

Quality Score

Excellent

In its industry

#4of 35

Asset Managers

Checks firing

8of 14

Trending up

From 52-week high

-1.0%

under its best in a year

MORN's Quality Score fell 2 points on Tue, Nov 10, to 15. Trading went back to normal after a busy day (2 chart checks stopped).

See MORN's 14 chart checksSee it live, free until Thursday morning. No account. No card. Then keep going with a free account.

We do the work for you. Every stock is scored and ranked, every 15 seconds while the market is open. Here it's 15 minutes behind. Pro members see it live.

Why is MORN up?

Up 15% from Oct 28 to Nov 10.

Its Oct 28 results: adjusted operating income up 26.1% and adjusted diluted net income per share up 41.0%; it rose 3.6% on Oct 29.

Sources: Price history, Nov 10, 2026; Company release, Oct 28, 2026

1 more reason, free with an account →3 more reasons why MORN rose 15% since Oct 28, from its filings, with the other side, the company's words, the timeline, and its peers, for Pro members.

Why MORN still lags the market over five years

Down 18% over the five years to Nov 9 while the S&P 500 rose 72%; up 15% since Oct 28.

2 reasons, from its filings, with the timeline and its peers, for Pro members.

Key facts on MORN

Key facts on MORN
The company	Profit up 431% $70.5M → $374.2M in 3 years
Latest filing	8-K, Oct 28 Reported its quarterly results

1 more reason behind MORN's 15, free with an account →3 more reasons behind MORN's 15, for Pro members.

MORN catalysts

Coming up

After its last 4 reports it closed -1.4% on average, higher 2 of 4 times.

15 past catalysts since 2018, with sizes and sources, for Pro members.

Why MORN scores 15

Excellentfor quality, not price, 8 of 14 chart checks firingWhat the Quality Score means

+8Chart checks 8 of 14 firing right now, one point each
+2Long-term trend above a rising 200-⁠day average, near its 52-⁠week high, down over two years

Run-up adds
Profit addsRead on the last four quarters against the four before, or the last full year where no quarters are filed.
Growth addsSales and margins against a year earlier: up to +3 for fast growth and widening margins, down to -2 when both shrink.
Persistence adds

No effect today: Size, Dilution, Volatility, Cash flow, and News.

What every line is worth, and the reason behind it, on MORN and every other stock.Get in free →

Price, score, chart checks, and the industry rank are from a snapshot taken at 10:56 PM ET, at least 15 minutes behind. How we rank stocks.

Tested. Our top-scored stocks returned 2.2x the average stock over the next month. Reconstructed after the fact; recorded live since Sep 9, 2026. How we tested it

Alert me when MORN's Quality Score turns up

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How MORN ranks in Asset Managers

MORN is #4 of 35 by Quality Score.

How MORN ranks in Asset Managers
Rank	Stock	Checks	Quality Score
1	AAMIAcadian Asset Management	9/14	20
2	AMGAffiliated Managers	8/14	19
3	VCTRVictory Capital	6/14	17
	KKRKKR		Open for its score
	MCMoelis		Open for its score
	OWLBlue Owl Capital		Open for its score
	PJTPJT Partners		Open for its score
4	MORNMorningstar	8/14	15

Share count against a year before: MORN -11%, STEP +4.8%.

When does MORN report earnings, and what happens after?

Expected to report Thu Feb 11, after the close (in 93 days).

What an earnings report is: every 3 months, a company tells everyone how much it sold and earned. We read the figures, the outlook, and how the stock moved after.

What MORN reported on Oct 28, 2026

The quarter

Revenue of $672.1M, 9% more than a year ago.

The quarter that ended Sep 30, from the company's press release

The press release The filing on EDGAR

Where the sales came from

Where the quarter's sales came from
Line	Q3 2026	Q2 2026	Q3 2025
By product
Licensed-Basedup 5.5%	$459M62%	$455M63%	$435M65%

Each quarter's sales and their share of its total. Figures as filed (SEC filing, Oct 28)

17 more lines, for Pro members.

The outlook

No outlook figures read from this release.

The numbers

Market value: $9.2B; today
Sales: $2.6B; up 9.4% on the year
Free cash flow: $493M; last 12 months

Sales grew 12% a year over 5 years, fiscal 2020 to 2025.

Pays $2.00 a share a year.

5 more figures, for Pro members.

No analyst estimates on Breakaway: every figure here is filed.

The whole report on MORN: every line of its sales, every outlook beside the one it replaced, and the company's words, for Pro members.

Close after the report, last 3

-10.1%-2.8%+3.6%

Apr 29Jul 29Oct 28

Reported	When	Gap	Reaction	5 days
Oct 28, 2026After close	After close	+1.5%	+3.6%	+13.7%
Jul 29, 2026After close	After close	-0.1%	-2.8%	+0.3%
Apr 29, 2026After close	After close	-7.4%	-10.1%	-10.6%

MORN closed higher after 2 of its last 4 reports.

All 4 reports, and MORN's Quality Score going into each

MORN sales and profit by year

Sales and profit by year

Sales grew every year from 2018 to 2025, to $2.4B. It made a profit in each of the eight years.

MORN has 8 of 14 chart checks firing

Trend1 of 5 shown

MA FAN 21 EMA W.EMA HH/HL 52W HI

Volume1 of 3 shown

VOL VDU U/D VOL

Tight range1 of 3 shown

ATR SQZ SQUEEZE NR7

Buying1 of 3 shown

OBV+CLOSE HI SPRING

The other 10 checks on MORN, and all 14 on every stock.Get in free →

MORN RSI today: 72.6, above its 50-day and 200-day averages

Not scored

RSI 72.6, MACD above signal, above both averages. Not scored.13 readings

The deep dive on MORN

What it does and how it makes money5 findingsLicensed-Based made up 70% of its revenue in fiscal 2025 ($1.72B of $2.45B), against 71% in fiscal 2024; Transaction-Based 16% and Asset-Based 14%.SEC filing · Feb 13, 2026
Where it stands5 findingsFor Pro members5 findings on where MORN stands: its cash, debt, and share count, for Pro members
What changed in its filings2 findingsA new heading in its "Risk Factors" this year: "We could face liability stemming from the accuracy and use of our research, ratings, and published data, and our dependence on ingested third-party data, licensed content, and open-source components." (10-K for fiscal 2025; not in fiscal 2024's)SEC filing · Feb 13, 2026, against the one of Feb 28, 2025Backlog rose 10% in a year, to $1.70B on Sep 30, 2026 from $1.54B: sales under contract, not yet delivered.Filed figures, Sep 30, 2026
Who holds and trades it4 findingsFor Pro members4 findings on who holds and trades MORN, for Pro members
Against its closest peers2 peersShare count against a year before: MORN -11%, STEP +4.8%.

13 more findings on MORN, each with its source, for Pro members.

MORN insider trades

2 insiders sold $369K across 3 filings in the last 6 months. No open-⁠market buys on record. The newest:

SellWilliam M. Lyons$199KDirectorat $199.00 on Aug 3, filed Aug 3

SellWilliam M. LyonsDirector$199Kat $199.00 on Aug 3, filed Aug 3

All 3 insider filings on MORN from the last six months, for Pro members.

All MORN insider trades

MORN trades by Congress and the executive branch

3 trades disclosed in the last six months. The newest:

SellDonald Trump$50K to $100KPresident (R)traded Jun 24, disclosed Aug 22(59 days later)

SellDonald TrumpPresident (R)$50K to $100Ktraded Jun 24, disclosed Aug 22(59 days later)

All 3 trades on MORN disclosed by Congress and the executive branch, for Pro members.Get in free →

See what Congress is buying across the market

MORN's officers and directors

Officers and directors with a Form 4 in the last 12 months.

Kunal KapoorCEO · no trades on file
Joseph D. MansuetoExecutive Chairman · 64 trades
Michael HoltChief Financial Officer · 2 trades
Conan WiersemaCAO & PAO · no trades on file
Daniel Joseph DunnChief Revenue Officer · no trades on file
William M. LyonsDirector · 2 trades
Caroline J. TsayDirector · 1 trade
Anne L. BrammanDirector · no trades on file

5 more officers and directors file at MORN.

See insider trades by person

Which ETFs hold MORN?

In ETFs: MORN is under 0.1% of VIG, under 0.1% of DGRO, and under 0.1% of VTI, the most of the 24 funds Breakaway covers, by each fund's latest filing, Jun 30 to Jul 31, 2026.

About Morningstar

Morningstar Inc is a provider of independent investment insights to financial advisers, asset managers, and investors. It provides data and research insights on various investment offerings, including managed investment products, publicly listed companies, private capital markets, debt securities, and real-time market data. The company has five reportable segments: Morningstar Direct Platform, PitchBook, Morningstar Credit, Morningstar Wealth, and Morningstar Retirement. Maximum revenue is derived from the Morningstar Direct Platform, which provides investors with comprehensive data, research, insights, and investment analysis through product areas such as Morningstar Data, Morningstar Direct, and Morningstar Advisor Workstation. Geographically, it generates maximum revenue from the USA.

10,973 employeesChicago, ILmorningstar.com

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What would move MORN's score: 5 things
3 more filings explained, a plain line each
Real-⁠time prices, no delay

BreakawayAug 22Donald Trump sold MORN$50K to $100K, disclosed Aug 22

Alerts are optional.

See MORN's 14 chart checks

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Straight AnswersStraight Answers

As of Nov 10, 2026: MORN's Quality Score is 15 (Excellent), #4 of 35 in Asset Managers. Insiders sold $369K in the last 6 months (Form 4).

What does MORN's Quality Score say?

MORN scores 15 today, which Breakaway calls Excellent. It is #4 of 35 in Investment Advice by Quality Score, with 8 of 14 chart checks firing. Up 15% from Oct 28 to Nov 10. Breakaway does not say whether to buy any stock: the score does not know your situation, and it is not a recommendation to buy or sell anything. Please do your own research.

What is MORN's Quality Score?

MORN scores 15 today, which Breakaway calls Excellent (15 to 19). That is #4 of 35 in Investment Advice by Quality Score. The score adds up the chart checks, the trend, the company's filed sales, its profits, the news, insider trades, and Congress trades. The section above lists the lines behind MORN's 15.

Are insiders buying MORN?

2 insiders sold $369K across 3 filings in the last 6 months. No open-⁠market buys on record. The newest is William M. Lyons, Director, who sold $199K on Aug 3. Every filing, with the scored weight, for Pro members.

Are the prices delayed?

Only on the public pages, which run at least 15 minutes behind. Pro members, and anyone on a guest pass, see real-time prices: the scanner refreshes every 15 seconds, and your watchlist every few seconds, pre-market and after hours included.