Morningstar, Inc. is an American financial services firm headquartered in Chicago, Illinois and was founded by Joe Mansueto in 1984. It provides an array of investment research and investment management services.
Company profile
Ticker
MORN
Exchange
Website
CEO
Kunal Kapoor
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Corporate Fundamentals, Inc. • DBRS, Inc. • Morningstar Credit Analytics LLC • Morningstar Index Holding Corp. • Morningstar Investment Management LLC • Morningstar Investment Services LLC • Morningstar Ratings Holding Corp. • Morningstar Research Services LLC • PitchBook Data, Inc. • PitchBook Holding, Inc. ...
IRS number
363297908
MORN stock data
Latest filings (excl ownership)
ARS
2024 FY
Annual report to shareholders
28 Mar 24
DEFA14A
Additional proxy soliciting materials
28 Mar 24
DEF 14A
Definitive proxy
28 Mar 24
8-K
Regulation FD Disclosure
22 Mar 24
8-K
Departure of Directors or Certain Officers
15 Mar 24
8-K
Results of Operations and Financial Condition
29 Feb 24
10-K
2023 FY
Annual report
29 Feb 24
8-K
Morningstar, Inc. Reports Fourth-Quarter, Full-Year 2023 Financial Results
23 Feb 24
8-K
Regulation FD Disclosure
5 Feb 24
8-K
Regulation FD Disclosure
5 Feb 24
Latest ownership filings
3
Conan Wiersema
18 Mar 24
4
Joseph D Mansueto
14 Mar 24
4
Joseph D Mansueto
12 Mar 24
4
Steven N Kaplan
12 Mar 24
144
Notice of proposed sale of securities
11 Mar 24
4
Joseph D Mansueto
8 Mar 24
4
Joseph D Mansueto
6 Mar 24
4
Joseph D Mansueto
4 Mar 24
4
Joseph D Mansueto
29 Feb 24
4
Joseph D Mansueto
27 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 325.00 mm | 325.00 mm | 325.00 mm | 325.00 mm | 325.00 mm | 325.00 mm |
Cash burn (monthly) | 6.10 mm | 3.98 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 41.37 mm | 26.96 mm | n/a | n/a | n/a | n/a |
Cash remaining | 283.63 mm | 298.04 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 46.5 | 75.0 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
61.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 323 |
Opened positions | 70 |
Closed positions | 37 |
Increased positions | 100 |
Reduced positions | 92 |
13F shares | Current |
---|---|
Total value | 6.10 tn |
Total shares | 26.07 mm |
Total puts | 74.90 k |
Total calls | 48.20 k |
Total put/call ratio | 1.6 |
Largest owners | Shares | Value |
---|---|---|
Select Equity | 3.60 mm | $843.01 bn |
Vanguard | 2.55 mm | $597.98 bn |
BLK Blackrock | 2.38 mm | $556.37 bn |
MS Morgan Stanley | 1.96 mm | $458.48 bn |
Bamco | 1.33 mm | $310.74 bn |
BAC Bank Of America | 1.28 mm | $299.72 bn |
Kayne Anderson Rudnick Investment Management | 1.25 mm | $293.42 bn |
Massachusetts Financial Services | 1.01 mm | $236.05 bn |
STT State Street | 713.51 k | $167.13 bn |
T. Rowe Price | 693.69 k | $161.83 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
12 Mar 24 | Joseph D Mansueto | Common Stock | Sell | Dispose S | No | Yes | 310.2546 | 291 | 90.28 k | 10,766,912 |
12 Mar 24 | Joseph D Mansueto | Common Stock | Sell | Dispose S | No | Yes | 309.5962 | 2,571 | 795.97 k | 10,767,203 |
12 Mar 24 | Joseph D Mansueto | Common Stock | Sell | Dispose S | No | Yes | 308.2306 | 732 | 225.62 k | 10,769,774 |
12 Mar 24 | Joseph D Mansueto | Common Stock | Sell | Dispose S | No | Yes | 307.3021 | 2,029 | 623.52 k | 10,770,506 |
12 Mar 24 | Joseph D Mansueto | Common Stock | Sell | Dispose S | No | Yes | 306.418 | 2,151 | 659.11 k | 10,772,535 |
12 Mar 24 | Joseph D Mansueto | Common Stock | Sell | Dispose S | No | Yes | 305.1043 | 840 | 256.29 k | 10,774,686 |
11 Mar 24 | Steven N Kaplan | Common Stock | Sell | Dispose S | No | Yes | 306.8132 | 1,250 | 383.52 k | 44,427 |
11 Mar 24 | Joseph D Mansueto | Common Stock | Sell | Dispose S | No | Yes | 307.6887 | 1,297 | 399.07 k | 10,775,526 |
8 Mar 24 | Joseph D Mansueto | Common Stock | Sell | Dispose S | No | Yes | 312.475 | 1,111 | 347.16 k | 10,776,823 |
8 Mar 24 | Joseph D Mansueto | Common Stock | Sell | Dispose S | No | Yes | 311.2438 | 1,313 | 408.66 k | 10,777,934 |
News
Alphabet, Starbucks And 2 Other Stocks Insiders Are Selling
7 Mar 24
Morningstar Q4 EPS $1.97 Up From $0.58 YoY, Sales $538.70M Up From $475.00M YoY
22 Feb 24
Earnings Scheduled For February 22, 2024
22 Feb 24
Health Care Becomes Most Overweighted Sector As Hedge Funds Crowd Into Magnificent 7
21 Feb 24
Press releases
Morningstar Publishes Fourth Annual Corporate Sustainability Report
28 Mar 24
Morningstar Report Reveals Collective-Investment Trusts Poised to Overtake Mutual Funds in Target-Date Strategies in 2024
26 Mar 24
Morningstar, Inc. to Announce First-Quarter 2024 Financial Results on April 24
25 Mar 24
Morningstar Introduces Low Carbon Transition Leaders Indexes
20 Mar 24
Morningstar, Inc. Declares Quarterly Dividend of 40.5 Cents Per Share
15 Mar 24