Company / Revenue
Morningstar, Inc. Revenue History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Revenue
$2.4B
FY2025
5-year range
$1.2B / $2.4B
FY2021-FY2025
Trend
+7.5%
vs FY2024
Sector context
#126 of 282
Financials
What the data says
At $2.4B, Morningstar, Inc.'s revenue ranks #126 of 282 in the Financials sector. Revenue has increased for 6 consecutive years, from $912M in FY2019 to $2.4B in FY2025.
Based on SEC 10-K filings.
$2.4B in FY2025 with a 5-year CAGR of +19.1%.
Improved from $2.0B to $2.4B over the past 2 years.
Financials sector context is included.
Revenue over time
Growth rates
- 3-Year CAGR
- +20.7%
- 5-Year CAGR
- +19.1%
- 10-Year CAGR
- -
Sector benchmark
#126 of 282 in FinancialsTop 45% of 282This company $2.4B Sector average $10.5B
▼
-76.8% below sector average
Key checks
Key Insights
- Morningstar, Inc.'s revenue has grown for 6 consecutive years.
- 5-year CAGR of +19.1%, indicating consistent growth.
- In FY2025, revenue increased 7.5% year-over-year.
- Ranks #126 out of 282 companies in the Financials sector.
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 | RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $2.4B | +7.5% |
| FY2024 | $2.3B | +11.6% |
| FY2023 | $2.0B | +46.7% |
| FY2022 | $1.4B | +17.9% |
| FY2021 | $1.2B | +15.6% |
| FY2020 | $1.0B | +11.9% |
| FY2019 | $911.7M | -10.6% |
| FY2018 | $1.0B | +29.3% |
| FY2017 | $788.8M | +3.8% |
| FY2016 | $760.1M | +8.9% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026