Company / Shares Outstanding
Morningstar, Inc. Shares Outstanding History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Shares Outstanding
42.9M
FY2025
5-year range
42.5M / 43.1M
FY2021-FY2025
Trend
+0.3%
vs FY2024
Sector context
#266 of 389
Financials
What the data says
At 42869380.00, Morningstar, Inc.'s shares outstanding ranks #124 of 389 in the Financials sector. Shares Outstanding remained relatively stable over the past 10 years, with values between 42480051.00 and 46624118.00.
Based on SEC 10-K filings.
42869380.00 in FY2025 with a 5-year CAGR of +0.0%.
Remained stable around 42869380.00 over the past 2 years.
Financials sector context is included.
Shares Outstanding over time
Growth rates
- 3-Year CAGR
- -0.2%
- 5-Year CAGR
- +0.0%
- 10-Year CAGR
- -
Sector benchmark
#124 of 389 in FinancialsTop 32% of 389This company 42.9M Sector average 214.2M
▼
-80.0% below sector average
Key checks
Key Insights
- In FY2025, shares outstanding increased 0.3% year-over-year.
- Ranks #266 out of 389 companies in the Financials sector.
- Peak shares outstanding was recorded in FY2019.
- Lowest shares outstanding 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 | Shares OutstandingValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 42.9M | +0.3% |
| FY2024 | 42.7M | +0.6% |
| FY2023 | 42.5M | -1.5% |
| FY2022 | 43.1M | +0.6% |
| FY2021 | 42.9M | +0.1% |
| FY2020 | 42.8M | -8.1% |
| FY2019 | 46.6M | +9.6% |
| FY2018 | 42.5M | -0.9% |
| FY2017 | 42.9M | -1.1% |
| FY2016 | 43.4M | -2.1% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026