Morningstar

MORN · NASDAQ

$211.76+$6.10 (+2.97%)TodayMarket closed · Oct 20, 4:15 PM ET

Prev close $205.66

About MORN

Morningstar, Inc. engages in the provision of investment research. The company is headquartered in Chicago, Illinois and currently employs 10,973 full-time employees. The company went IPO on 2005-05-03. Its segments include Morningstar Data and Analytics, PitchBook, Morningstar Wealth, Morningstar Credit, and Morningstar Retirement. The Morningstar Data and Analytics segment provides investors comprehensive data, research and insights, and investment analysis to empower investment decision-making. The PitchBook segment provides investors with access to a broad collection of data and research covering the private capital markets. Morningstar Wealth segment brings together its model portfolios and wealth platform; practice and portfolio management software for registered investment advisers; data aggregation and enrichment capabilities; and others. Morningstar Credit segment provides investors with credit ratings, research, data, and credit analytics solutions. The Morningstar Retirement segment offers products designed to help individuals reach their retirement goals.

Employees: 10,973
Headquarters: Chicago, Illinois
Listed: May 3, 2005
Sector: Financials
Industry: Capital Markets
Website: morningstar.com

Leadership

Morningstar executives
Name	Title	Since	Age
Joe Mansueto	—	1984	68
Kunal Kapoor	—	2009	49
Michael Holt	—	—	45
Conan Wiersema	—	—	46
Julie Willoughby	—	—	—
Anne Bramman	—	—	57
Robin Diamonte	—	—	60
Cheryl Francis	—	—	71
Stephen Joynt	—	—	73
Steven Kaplan	—	—	65
Gail Landis	—	—	72
William Lyons	—	—	69
Doniel Sutton	—	—	51
Caroline Tsay	—	—	43
Sarah Bush	—	2024	—

Revenue by product and region

Fiscal year ended Dec 31, 2025: $2.45B total revenue

By product

License-based$1.72B70.3%
Asset-based$343.00M14.0%

Suppliers and customers

Price correlation is over one year: 1 means the stocks move together, -1 opposite

Morningstar suppliers and customers
Company	Relationship	Country	Correlation
FactSet FDS	Customer	US	0.88
Microsoft MSFT	Supplier and customer	US	0.81
Alphabet A GOOGL	Supplier and customer	US	0.76
iPic Entertainment IPIC	Supplier and customer	US	0.73
Atlassian A TEAM	Supplier	AU	0.66
Dianomi DNM.L	Supplier	GB	0.61
Morningstar Japan	Supplier and customer	JP	0.58
HWA Hong H19.SI	Supplier	SG	0.35
Tribune Publishing Co. TPCO	Customer	US	-0.03
Uzabase	Customer	JP	-0.09

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