Morningstar, Inc.
NASDAQ Global SelectTotal Valuation
Morningstar, Inc. carries a market capitalization of 7.37B, placing it among publicly traded companies globally. Its enterprise value stands at 7.23B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 7.37B |
| Enterprise Value | 7.23B |
Share Statistics
Morningstar, Inc. currently has 37.51M shares outstanding.
| Shares Outstanding | 37.51M |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
Morningstar, Inc. trades at a trailing price-to-earnings ratio of 14.76. The price-to-sales ratio is 2.42, and the price-to-book ratio stands at 5.72.
| PE Ratio | 14.76 |
| PS Ratio | 2.42 |
| PB Ratio | 5.72 |
| P/TBV Ratio | -4.53 |
| P/FCF Ratio | 9.67 |
| P/OCF Ratio | 9.62 |
Enterprise Valuation
On an enterprise value basis, Morningstar, Inc. trades at an EV/EBITDA multiple of 9.27 and an EV/FCF ratio of 10.51. The EV/Sales ratio of 2.82 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 12.45 provides insight into valuation relative to core operating earnings.
| EV / Sales | 2.82 |
| EV / EBITDA | 9.27 |
| EV / EBIT | 12.45 |
| EV / FCF | 10.51 |
Financial Position
Morningstar, Inc. maintains a current ratio of 1.06, meaning it holds 1.1x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 186.05, indicating elevated leverage, while an interest coverage ratio of 14.06 demonstrates strong ability to service its debt obligations.
| Current Ratio | 1.06 |
| Quick Ratio | 0.94 |
| Debt / Equity | 186.05 |
| Debt / EBITDA | 2.44 |
| Interest Coverage | 14.06 |
Financial Efficiency
Morningstar, Inc. posts a return on equity of 31.96 and a return on invested capital of 15.61.
| Return on Equity (ROE) | 31.96 |
| Return on Assets (ROA) | 11.13 |
| Return on Invested Capital (ROIC) | 15.61 |
| Return on Capital Employed (ROCE) | 16.61 |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | N/A |
Taxes
Over the trailing twelve months, Morningstar, Inc. has paid 140.70M in income taxes, reflecting an effective tax rate of 25.00.
| Income Tax | 140.70M |
| Effective Tax Rate | 25.00 |
Stock Price Statistics
Morningstar, Inc.'s stock has declined approximately -17.16503% over the past 52 weeks. The 50-day moving average sits at 198.50, while the 200-day moving average is 187.08.
| Beta (5Y) | N/A |
| 52-Week Price Change | -17.16503% |
| 50-Day Moving Average | 198.50 |
| 200-Day Moving Average | 187.08 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, Morningstar, Inc. generated 2.57B in revenue and converted that into 421.60M in net income, yielding earnings per share of 10.51. EBITDA reached 780.50M, while operating income came in at 581.20M.
| Revenue | 2.57B |
| Gross Profit | 1.60B |
| Operating Income | 581.20M |
| Pretax Income | 562.80M |
| Net Income | 421.60M |
| EBITDA | 780.50M |
| EBIT | 581.20M |
| Earnings Per Share (EPS) | 10.51 |
Balance Sheet
Morningstar, Inc. holds 523.80M in cash and equivalents against 1.90B in total debt, resulting in a net debt position of 1.22B. Total book value stands at 1.02B, with working capital of 54.60M providing operational flexibility.
| Cash & Cash Equivalents | 523.80M |
| Total Debt | 1.90B |
| Net Debt | 1.22B |
| Equity (Book Value) | 1.02B |
| Book Value Per Share | 27.29 |
| Working Capital | 54.60M |
Cash Flow
Morningstar, Inc. produced 646.90M in operating cash flow over the past twelve months.
| Operating Cash Flow | 646.90M |
| Capital Expenditures | N/A |
| Free Cash Flow | 646.90M |
| FCF Per Share | 16.22 |
Margins
Morningstar, Inc. operates with a gross margin of 62.24, reflecting its pricing power and cost economics. The operating margin of 22.65 and net profit margin of 16.43 provide insight into operational efficiency.
| Gross Margin | 62.24 |
| Operating Margin | 22.65 |
| Pretax Margin | 21.93 |
| Profit Margin | 16.43 |
| EBITDA Margin | 30.41 |
Dividends & Yields
The company's payout ratio of 18.26 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 1.93 |
| Dividend Yield | N/A |
| Payout Ratio | 18.26 |
| Shareholder Yield | 3.35 |
| FCF Yield | 10.34 |
Scores
Morningstar, Inc. posts an Altman Z-Score of 6.04, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 6.04 |