Morningstar, Inc.
NASDAQ Global SelectTotal Valuation
Morningstar, Inc. carries a market capitalization of 6.28B, placing it among publicly traded companies globally. Its enterprise value stands at 8.30B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 6.28B |
| Enterprise Value | 8.30B |
Share Statistics
Morningstar, Inc. currently has 38.03M shares outstanding.
| Shares Outstanding | 38.03M |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
Morningstar, Inc. trades at a trailing price-to-earnings ratio of 17.20. The price-to-sales ratio is 2.76, and the price-to-book ratio stands at 3.02.
| PE Ratio | 17.20 |
| PS Ratio | 2.76 |
| PB Ratio | 3.02 |
| P/TBV Ratio | -5.25 |
| P/FCF Ratio | 11.80 |
| P/OCF Ratio | 11.74 |
Enterprise Valuation
On an enterprise value basis, Morningstar, Inc. trades at an EV/EBITDA multiple of 11.22 and an EV/FCF ratio of 13.27. The EV/Sales ratio of 3.31 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 15.21 provides insight into valuation relative to core operating earnings.
| EV / Sales | 3.31 |
| EV / EBITDA | 11.22 |
| EV / EBIT | 15.21 |
| EV / FCF | 13.27 |
Financial Position
Morningstar, Inc. maintains a current ratio of 1.03, meaning it holds 1.0x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 187.15, indicating elevated leverage, while an interest coverage ratio of 15.85 demonstrates strong ability to service its debt obligations.
| Current Ratio | 1.03 |
| Quick Ratio | 0.92 |
| Debt / Equity | 187.15 |
| Debt / EBITDA | 2.58 |
| Interest Coverage | 15.85 |
Financial Efficiency
Morningstar, Inc. posts a return on equity of 18.90 and a return on invested capital of 14.75.
| Return on Equity (ROE) | 18.90 |
| Return on Assets (ROA) | 10.64 |
| Return on Invested Capital (ROIC) | 14.75 |
| Return on Capital Employed (ROCE) | 12.22 |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | N/A |
Taxes
Over the trailing twelve months, Morningstar, Inc. has paid 128.70M in income taxes, reflecting an effective tax rate of 24.18.
| Income Tax | 128.70M |
| Effective Tax Rate | 24.18 |
Stock Price Statistics
Morningstar, Inc.'s stock has declined approximately -41.64074% over the past 52 weeks. The 50-day moving average sits at 171.27, while the 200-day moving average is 190.80.
| Beta (5Y) | N/A |
| 52-Week Price Change | -41.64074% |
| 50-Day Moving Average | 171.27 |
| 200-Day Moving Average | 190.80 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, Morningstar, Inc. generated 2.51B in revenue and converted that into 402.80M in net income, yielding earnings per share of 9.78. EBITDA reached 740.00M, while operating income came in at 545.70M.
| Revenue | 2.51B |
| Gross Profit | 1.55B |
| Operating Income | 545.70M |
| Pretax Income | 532.30M |
| Net Income | 402.80M |
| EBITDA | 740.00M |
| EBIT | 545.70M |
| Earnings Per Share (EPS) | 9.78 |
Balance Sheet
Morningstar, Inc. holds 532.20M in cash and equivalents against 1.91B in total debt, resulting in a net debt position of 1.22B. Total book value stands at 2.29B, with working capital of 32.60M providing operational flexibility.
| Cash & Cash Equivalents | 532.20M |
| Total Debt | 1.91B |
| Net Debt | 1.22B |
| Equity (Book Value) | 2.29B |
| Book Value Per Share | 55.99 |
| Working Capital | 32.60M |
Cash Flow
Morningstar, Inc. produced 590.20M in operating cash flow over the past twelve months.
| Operating Cash Flow | 590.20M |
| Capital Expenditures | N/A |
| Free Cash Flow | 590.20M |
| FCF Per Share | 14.40 |
Margins
Morningstar, Inc. operates with a gross margin of 61.71, reflecting its pricing power and cost economics. The operating margin of 21.75 and net profit margin of 16.06 provide insight into operational efficiency.
| Gross Margin | 61.71 |
| Operating Margin | 21.75 |
| Pretax Margin | 21.22 |
| Profit Margin | 16.06 |
| EBITDA Margin | 29.50 |
Dividends & Yields
The company's payout ratio of 19.19 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 1.89 |
| Dividend Yield | N/A |
| Payout Ratio | 19.19 |
| Shareholder Yield | 2.51 |
| FCF Yield | 8.47 |
Scores
Morningstar, Inc. posts an Altman Z-Score of 5.99, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 5.99 |