Companies: 10,795·Total market cap: $144.5T
Morningstar, Inc.

Morningstar, Inc.

MORNNASDAQFinancial Services● Active
$181.51
$-4.25(-2.29%)
Market Cap$6.9B
P/E Ratio
52W High$316.71
52W Low$149.08

Morningstar, Inc. (MORN) PE Ratio — Current & Historical Data

Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.

morn · pe ratio · data through Dec 31, 2025

Core PE Ratio Metrics

Trailing 12 months · TTM

The price-to-earnings (P/E) ratio for Morningstar, Inc. (MORN) measures how much investors pay for each dollar of the company's trailing earnings. MORN's current PE ratio of 17.62x is calculated by dividing its stock price of $181.51 by its TTM earnings per share of $10.30. −75.3% discount vs 5Y avg 71.3x

17.62x
P/E Ratio (TTM)75.3%

Source: FMP · /ratios-ttm · /analyst-estimates · 2025-12-31

Forward P/E
15.26x
FY2026 est. EPS $11.90
Based on 2 analysts
EPS (TTM)
$10.30
TTM · diluted EPS
PEG Ratio
1.71
Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Morningstar, Inc. SEC 10-K & 10-Q filings · US GAAPUpdated: 2026-06-08

PE Ratio History

2006 – 2025 · Annual
PE Ratio (TTM)
5Y Avg 71.3x
EPS (Annual)

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)

Historical PE Range

Past 20 fiscal years · Front-end computed
Average
41.4x
20-yr mean
Median
30.3x
20-yr midpoint
Minimum
17.7x
Lowest year
Maximum
130.9x
Highest year
17.6x ← Now
17.7x
Min
Q1 · 25%30.3x
Median
Q3 · 75%130.9x
Max
Historically Low

At 17.62x, MORN's current P/E is lower than in 0% of its annual fiscal year readings over the past 20 years — historically low.

0th percentileHigher than 0 of 20 historical fiscal year readings

Percentile calculated from annual fiscal year data points, not by trading day. Years where PE ≤ 0 or > 9,999 are excluded.

PE Ratio vs Peers

Financial - Data & Stock Exchanges · 6 peers · Annual PE
CompanyMarket CapPE (Annual)vs AvgEPS (TTM)
Morningstar, Inc.
Morningstar, Inc.You
MORN
$6.9B17.62x+1.6%$10.30
Bitmine Immersion Technologies, Inc.
Bitmine Immersion Technologies, Inc.
BMNR
$9.1B30.21x+74.1%$1.44
FactSet Research Systems Inc.
FactSet Research Systems Inc.
FDS
$9.0B23.71x+36.7%$15.74
First Horizon Corporation
First Horizon Corporation
FHN
$11.5B11.94x-31.2%$2.00
SEI Investments Company
SEI Investments Company
SEIC
$10.6B14.01x-19.2%$5.85
SouthState Corporation
SouthState Corporation
SSB
$9.3B11.79x-32.0%$7.98
UMB Financial Corporation
UMB Financial Corporation
UMBF
$9.8B12.43x-28.3%$9.25
Industry Average
6 peers with valid PE
17.35xbaseline

* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio

Annual PE Ratio History

Showing 10 of 20 years
Fiscal Year EndPE RatioEPS (TTM)YoY ChangePE vs Max
2025-12-31Latest
FY2025
24.33x$8.93-37.6%
2024-12-31
FY2024
38.97x$8.64-54.9%
2023-12-31
FY2023
86.42x$3.31-34.0%
2022-12-31
FY2022
130.88x$1.65+72.0%
2021-12-31
FY2021
76.08x$4.50+71.2%
2020-12-31
FY2020
44.43x$5.21+4.5%
2019-12-31
FY2019
42.51x$3.56+66.2%
2018-12-31
FY2018
25.57x$4.30-15.5%
2017-12-31
FY2017
30.25x$3.21+53.9%
2016-12-31
FY2016
19.65x$3.74-26.7%

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API

About PE Ratio & Methodology

The price-to-earnings (P/E) ratio for Morningstar, Inc. (MORN) measures how much investors pay for each dollar of the company's trailing earnings. MORN's current PE ratio of 17.62x is calculated by dividing its stock price of $181.51 by its TTM earnings per share of $10.30.

PE Ratio = Stock Price ÷ EPS (TTM)
= $181.51 ÷ $10.30 = 17.62x
TTMTrailing Twelve Months — sum of the most recent 4 quarterly EPS figures
Forward PEStock price ÷ analyst consensus EPS estimate for the next fiscal year
PEGPE ÷ earnings growth rate — values below 1.0 suggest growth may justify the premium
Figures tie to SEC 10-K/10-Q and FMP ratio endpoints where noted.

Frequently asked questions

MORN pe ratio · 6 questions

MORN's current PE ratio is 17.62x as of 2026-06-08, based on a stock price of $181.51 and TTM EPS of $10.30. Data sourced from Financial Modeling Prep via MORN's SEC 10-K and 10-Q filings.

MORN PE ratioWhat is MORN PE ratioCurrent PE ratio of MORNMORN PE ratio today

Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Morningstar, Inc. SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-08