Morningstar IncMORN
▲ PositiveCapitalrelevance
Strong Q2 earnings and completed buyback
Impact on stocks 1
Financials
Morningstar IncMorningstar Reports Strong Q2 Earnings and Completes Buyback
EarningsCorporate Action
Morningstar reported second quarter 2026 sales of US$663.2 million and net income of US$107.8 million, and completed a US$699.97 million share repurchase program. The stock has gained 18.28% over the past month and 17.54% over three months, though its one-year total shareholder return is down 23.57% and five-year return is down 23.52%. Morningstar trades at a price-to-earnings multiple of 17.4x, below the US market average of 19.2x and the US Capital Markets industry average of 37.9x, but above its estimated fair P/E of 14.8x. A discounted cash flow model values the stock at $164.48, below its current price of $195.38.
Morningstar IncStrong Q2 earnings and completed buyback