Company / Profit Margin
Morningstar, Inc. Profit Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Profit Margin
15.3%
FY2025
5-year range
6.9% / 16.3%
FY2021-FY2025
Trend
-5.9%
vs FY2024
Sector context
#144 of 280
Financials
What the data says
At 15.3%, Morningstar, Inc.'s profit margin ranks #144 of 280 in the Financials sector. Profit Margin has fluctuated over the past 10 years, ranging from 6.9% in FY2023 to 17.9% in FY2020.
Based on SEC 10-K filings.
15.3% in FY2025 with a 5-year CAGR of -2.6%.
Improved from 6.9% to 15.3% over the past 2 years.
Financials sector context is included.
Profit Margin over time
Growth rates
- 3-Year Change
- -0.8pp
- 5-Year Change
- -2.6pp
- 10-Year Change
- -
Sector benchmark
#144 of 280 in FinancialsTop 51% of 280This company 15.3% Sector average 69.8%
▼
-78.1% below sector average
Key checks
Key Insights
- In FY2025, profit margin decreased 5.9% year-over-year.
- Currently 54.5pp below the Financials sector average.
- Peak profit margin was recorded in FY2020.
- Lowest profit margin in the period was in FY2023.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
- Strong return on equity: 24.8%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Profit MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 15.3% | -5.9% |
| FY2024 | 16.3% | +135.0% |
| FY2023 | 6.9% | -57.0% |
| FY2022 | 16.1% | +24.8% |
| FY2021 | 12.9% | -28.1% |
| FY2020 | 17.9% | +19.4% |
| FY2019 | 15.0% | -16.3% |
| FY2018 | 17.9% | +6.7% |
| FY2017 | 16.8% | +63.2% |
| FY2016 | 10.3% | -41.8% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026