MORN EBITDA | MORNINGSTAR, INC.

MORNINGSTAR, INC. (MORN) EBITDA

2026-06-30: Basis Reported; EBITDA $214.1M; Operating income (m); Depreciation and amortization (m).
2026-03-31: Basis Reported; EBITDA $207.6M; Operating income (m); Depreciation and amortization (m).
2025-12-31: Basis Reported; EBITDA $206.7M; Operating income (m); Depreciation and amortization (m).
2025-09-30: Basis Reported; EBITDA $174.8M; Operating income (m); Depreciation and amortization (m).

Complete source-backed ebitda history.

Available history: 2008-12-31 to 2026-06-30
Data captured: 2026-09-04

Historical EBITDA

EBITDA 3 month

Date	Basis	EBITDA	Operating income	Depreciation and amortization	Revenue	EBITDA margin	Capital spending	Operating cash flow	Cost of products and services	Research and development	Selling, general and administration	Income tax expense / benefit
2026-06-30	Reported	$214.1M	(m)	(m)	(m)	(m)	$33.20M*	$155.70M*	$239.30M	(m)	(m)	$38.30M
2026-03-31	Reported	$207.6M	(m)	(m)	(m)	(m)	$37.90M	$91.50M	$238.90M	(m)	(m)	$34.60M
2025-12-31	Reported	$206.7M	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)
2025-09-30	Reported	$174.8M	(m)	(m)	(m)	(m)	$35.60M*	$195.70M*	$241.70M	(m)	(m)	$31.40M
2025-06-30	Reported	$173.6M	(m)	(m)	(m)	(m)	$36.60M*	$99.00M*	$230.60M	(m)	(m)	$26.30M
2025-03-31	Reported	$161.4M	(m)	(m)	(m)	(m)	$32.20M	$91.00M	$231.40M	(m)	(m)	$27.40M
2024-12-31	Reported	$216.6M	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)
2024-09-30	Reported	$161.2M	(m)	(m)	(m)	(m)	$36.10M*	$191.90M*	$222.70M	(m)	(m)	$29.60M
2024-06-30	Reported	$157.6M	(m)	(m)	(m)	(m)	$31.90M*	$152.70M*	$222.70M	(m)	(m)	$19.20M
2024-03-31	Reported	$139.8M	(m)	(m)	(m)	(m)	$34.10M	$93.60M	$218.10M	(m)	(m)	$21.30M
2023-12-31	Reported	$140.9M	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)
2023-09-30	Reported	$116.6M	(m)	(m)	(m)	(m)	$29.30M*	$130.70M*	$202.90M	(m)	(m)	$16.70M
2023-06-30	Reported	$88.7M	(m)	(m)	(m)	(m)	$30.30M*	$24.50M*	$216.40M	(m)	(m)	-$6.20M
2023-03-31	Reported	$69.3M	(m)	(m)	(m)	(m)	$29.50M	$23.40M	$218.80M	(m)	(m)	$8.40M
2022-12-31	Reported	$80.3M	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)
2022-09-30	Reported	$66.2M	(m)	(m)	(m)	(m)	$33.70M*	$102.10M*	$195.40M	(m)	(m)	$5.40M
2022-06-30	Reported	$93.9M	(m)	(m)	(m)	(m)	$31.70M*	$68.70M*	$197.60M	(m)	(m)	$7.40M
2022-03-31	Reported	$94M	(m)	(m)	(m)	(m)	$28.00M	$23.50M	$191.30M	(m)	(m)	$17.30M
2021-12-31	Reported	$113.2M	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)
2021-09-30	Reported	$105.9M	(m)	(m)	(m)	(m)	$30.20M*	$122.60M*	$183.10M	(m)	(m)	$16.10M
2021-06-30	Reported	$84.8M	(m)	(m)	(m)	(m)	$18.70M*	$127.20M*	$168.40M	(m)	(m)	$13.90M
2021-03-31	Reported	$103.8M	(m)	(m)	(m)	(m)	$22.70M	$64.20M	$157.30M	(m)	(m)	$14.10M
2020-12-31	Reported	$100.9M	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$19.10M
2020-09-30	Reported	$80.1M	(m)	(m)	(m)	(m)	$22.60M*	$93.40M*	$138.70M	(m)	(m)	$16.90M
2020-06-30	Reported	$95M	(m)	(m)	(m)	(m)	$17.00M*	$127.60M*	$131.10M	(m)	(m)	$15.20M
2020-03-31	Reported	$78.7M	(m)	(m)	(m)	(m)	$15.10M	$48.70M	$137.00M	(m)	(m)	$8.50M
2019-12-31	Reported	$73.4M	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$9.10M
2019-09-30	Reported	$84.2M	(m)	(m)	(m)	(m)	$20.10M*	$105.70M*	$128.40M	(m)	(m)	$13.30M
2019-06-30	Reported	$76.7M	(m)	(m)	(m)	(m)	$18.30M*	$87.20M*	$107.50M	(m)	(m)	$11.70M
2019-03-31	Reported	$73M	(m)	(m)	(m)	(m)	$18.70M	$59.00M	$105.10M	(m)	(m)	$11.50M
2018-12-31	Reported	$74.8M	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$5.50M
2018-09-30	Reported	$90.1M	(m)	(m)	(m)	(m)	$19.60M*	$79.80M*	$100.00M	(m)	(m)	$16.10M
2018-06-30	Reported	$77.2M	(m)	(m)	(m)	(m)	$18.00M*	$69.80M*	$99.80M	(m)	(m)	$12.80M
2018-03-31	Reported	$70.4M	(m)	(m)	(m)	(m)	$17.60M	$59.90M	$102.40M	(m)	(m)	$13.40M
2017-12-31	Reported	$69M	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$2.70M
2017-09-30	Reported	$74.6M	(m)	(m)	(m)	(m)	$13.10M*	$62.50M*	$90.90M	(m)	(m)	$16.90M
2017-06-30	Reported	$67.5M	(m)	(m)	(m)	(m)	$19.00M*	$55.70M*	$95.30M	(m)	(m)	$15.00M
2017-03-31	Reported	$49.9M	(m)	(m)	(m)	(m)	$14.30M	$46.50M	$97.00M	(m)	(m)	$8.30M
2016-12-31	Reported	$68.6M	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$17.20M
2016-09-30	Reported	$62.3M	(m)	(m)	(m)	(m)	$18.10M*	$60.40M*	$84.90M	(m)	(m)	$16.50M
2016-06-30	Reported	$61.7M	(m)	(m)	(m)	(m)	$15.90M*	$71.40M*	$86.10M	(m)	(m)	$15.40M
2016-03-31	Reported	$58.9M	(m)	(m)	(m)	(m)	$13.50M	$11.40M	$85.30M	(m)	(m)	$14.60M
2015-12-31	Reported	$66.7M	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$14.50M
2015-09-30	Reported	$62.6M	(m)	(m)	(m)	(m)	$12.30M*	$75.60M*	$83.40M	(m)	(m)	$14.60M
2015-06-30	Reported	$66M	(m)	(m)	(m)	(m)	$13.20M*	$78.00M*	$83.20M	(m)	(m)	$18.70M
2015-03-31	Reported	$59.6M	(m)	(m)	(m)	(m)	$14.40M	$35.00M	$78.70M	(m)	(m)	$14.80M
2014-12-31	Reported	$61.2M	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$15.50M
2014-09-30	Reported	$59.9M	(m)	(m)	(m)	(m)	$12.00M*	$8.60M*	$80.00M	(m)	(m)	$15.10M
2014-06-30	Reported	-$11.4M	(m)	(m)	(m)	(m)	$10.00M*	$54.80M*	$81.50M	(m)	(m)	-$8.60M
2014-03-31	Reported	$50.9M	(m)	(m)	(m)	(m)	$20.80M	$11.90M	$75.80M	(m)	(m)	$13.70M
2013-12-31	Reported	$53.79M	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$13.38M
2013-09-30	Reported	$55.87M	(m)	(m)	(m)	(m)	$9.07M*	$47.08M*	$72.42M	(m)	(m)	$14.27M
2013-06-30	Reported	$54.85M	(m)	(m)	(m)	(m)	$9.76M*	$58.46M*	$64.43M	$14.15M	(m)	$15.96M
2013-03-31	Reported	$51.9M	(m)	(m)	(m)	(m)	$9.12M	$26.67M	$61.65M	$13.64M	(m)	$12.43M
2012-12-31	Reported	$50.75M	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$11.44M
2012-09-30	Reported	$50.69M	(m)	(m)	(m)	(m)	$4.95M*	$37.53M*	$60.57M	$12.86M	(m)	$15.19M
2012-06-30	Reported	$51.76M	(m)	(m)	(m)	(m)	$8.93M*	$49.16M*	$49.45M	$12.44M	(m)	$14.74M
2012-03-31	Reported	$40.57M	(m)	(m)	(m)	(m)	$8.99M	$5.62M	$50.32M	$13.37M	(m)	$11.51M
2011-12-31	Reported	$45.34M	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$8.07M
2011-09-30	Reported	$44.81M	(m)	(m)	(m)	(m)	$6.27M*	$45.16M*	$48.07M	$13.48M	(m)	$12.34M
2011-06-30	Reported	$49.17M	(m)	(m)	(m)	(m)	$3.38M*	$46.81M*	$45.19M	$13.68M	(m)	$12.72M
2011-03-31	Reported	$42.01M	(m)	(m)	(m)	(m)	$5.04M	$14.35M	$40.67M	$11.99M	(m)	$10.52M
2010-12-31	Reported	$43.87M	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$9.62M
2010-09-30	Reported	$40.06M	(m)	(m)	(m)	(m)	$3.86M*	$35.28M*	$40.71M	$12.70M	(m)	$11.92M
2010-06-30	Reported	$36.91M	(m)	(m)	(m)	(m)	(m)	$30.58M*	$39.74M	$11.90M	(m)	$10.22M
2010-03-31	Reported	$39.88M	(m)	(m)	(m)	(m)	(m)	$14.45M	(m)	$10.89M	(m)	$10.99M
2009-12-31	Reported	$32.29M	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)
2009-09-30	Reported	$40.31M	(m)	(m)	(m)	(m)	(m)	$36.07M*	(m)	$9.45M	(m)	$12.41M
2009-06-30	Reported	$41.54M	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$9.44M	(m)	$14.02M

EBITDA 12 month

Date	Basis	EBITDA	Operating income	Depreciation and amortization	Revenue	EBITDA margin	Capital spending	Operating cash flow	Cost of products and services	Research and development	Selling, general and administration	Income tax expense / benefit
2025-12-31	Reported	$716.5M	(m)	(m)	(m)	(m)	$147.10M	$589.70M	$952.90M	(m)	(m)	$121.50M
2024-12-31	Reported	$675.2M	(m)	(m)	(m)	(m)	$142.70M	$591.60M	$895.70M	(m)	(m)	$104.00M
2023-12-31	Reported	$415.5M	(m)	(m)	(m)	(m)	$119.10M	$316.40M	$843.50M	(m)	(m)	$33.00M
2022-12-31	Reported	$334.4M	(m)	(m)	(m)	(m)	$129.50M	$297.80M	$779.30M	(m)	(m)	$56.50M
2021-12-31	Reported	$407.7M	(m)	(m)	(m)	(m)	$101.80M	$449.90M	$698.40M	(m)	(m)	$62.60M
2021-09-30	Rolling	(m)	$247.30M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$63.20M*
2021-06-30	Rolling	(m)	$223.80M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$64.00M*
2021-03-31	Rolling	(m)	$237.90M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$65.30M*
2020-12-31	Reported	$354.7M	(m)	(m)	(m)	(m)	$76.70M	$384.30M	$556.40M	(m)	(m)	$59.70M
2020-12-31	Rolling	(m)	$215.20M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$59.70M*
2020-09-30	Rolling	(m)	$189.80M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$49.70M*
2020-06-30	Rolling	(m)	$195.10M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$46.10M*
2020-03-31	Rolling	(m)	$184.60M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$42.60M*
2019-12-31	Reported	$307.3M	(m)	(m)	(m)	(m)	$80.00M	$334.40M	$483.10M	(m)	(m)	$45.60M
2019-12-31	Rolling	(m)	$189.60M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$45.60M*
2019-09-30	Rolling	(m)	$199.20M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$42.00M*
2019-06-30	Rolling	(m)	$215.00M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$44.80M*
2019-03-31	Rolling	(m)	$217.80M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$45.90M*
2018-12-31	Reported	$312.5M	(m)	(m)	(m)	(m)	$76.10M	$314.80M	$411.10M	(m)	(m)	$47.80M
2018-12-31	Rolling	(m)	$215.80M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$47.80M*
2018-09-30	Rolling	(m)	$209.10M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$45.00M*
2018-06-30	Rolling	(m)	$196.50M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$45.80M*
2018-03-31	Rolling	(m)	$188.90M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$48.00M*
2017-12-31	Reported	$261M	(m)	(m)	(m)	(m)	$66.60M	$250.10M	$386.60M	(m)	(m)	$42.90M
2017-12-31	Rolling	(m)	$169.80M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$42.90M*
2017-09-30	Rolling	(m)	$177.10M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$57.40M*
2017-06-30	Rolling	(m)	$168.50M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$57.00M*
2017-03-31	Rolling	(m)	$166.90M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$57.40M*
2016-12-31	Reported	$251.5M	(m)	(m)	(m)	(m)	$62.80M	$213.70M	$344.30M	(m)	(m)	$63.70M
2016-12-31	Rolling	(m)	$180.80M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$63.70M*
2016-09-30	Rolling	(m)	$181.00M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$61.00M*
2016-06-30	Rolling	(m)	$183.00M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$59.10M*
2016-03-31	Rolling	(m)	$188.30M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$62.40M*
2015-12-31	Reported	$255M	(m)	(m)	(m)	(m)	$57.30M	$241.50M	$330.10M	(m)	(m)	$62.70M
2015-12-31	Rolling	(m)	$190.50M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$62.60M*
2015-09-30	Rolling	(m)	$187.00M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$63.60M*
2015-06-30	Rolling	(m)	$186.10M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$64.10M*
2015-03-31	Rolling	(m)	$111.60M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$36.80M*
2014-12-31	Reported	$160.5M	(m)	(m)	(m)	(m)	$58.30M	$136.60M	$318.60M	(m)	(m)	$35.70M
2014-12-31	Rolling	(m)	$105.60M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$35.70M*
2014-09-30	Rolling	(m)	$100.90M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$33.58M*
2014-06-30	Rolling	(m)	$100.21M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$32.75M*
2014-03-31	Rolling	(m)	$168.59M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$57.30M*
2013-12-31	Reported	$216.4M	(m)	(m)	(m)	(m)	$33.60M	$186.70M	$271.40M	(m)	(m)	$56.00M
2013-12-31	Rolling	(m)	$170.65M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$56.03M*
2013-09-30	Rolling	(m)	$168.03M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$54.08M*
2013-06-30	Rolling	(m)	$163.28M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$55.01M*
2013-03-31	Rolling	(m)	$160.83M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$53.79M*
2012-12-31	Reported	$193.76M	(m)	(m)	(m)	(m)	$30.04M	$146.00M	$246.78M	$51.44M	(m)	$52.88M
2012-12-31	Rolling	(m)	$150.67M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$52.88M*
2012-09-30	Rolling	(m)	$145.53M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$49.51M*
2012-06-30	Rolling	(m)	$139.53M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$46.67M*
2012-03-31	Rolling	(m)	$137.00M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$44.65M*
2011-12-31	Reported	$181.33M	(m)	(m)	(m)	(m)	$23.32M	$164.98M	$235.29M	$53.16M	(m)	$43.66M
2011-12-31	Rolling	(m)	$138.41M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$43.66M*
2011-09-30	Rolling	(m)	$136.57M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$45.20M*
2011-06-30	Rolling	(m)	$132.87M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$44.78M*
2011-03-31	Rolling	(m)	$121.93M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$42.28M*
2010-12-31	Reported	$160.72M	(m)	(m)	(m)	(m)	$14.77M	$123.42M	$157.07M	$49.24M	(m)	$42.76M
2010-12-31	Rolling	(m)	$121.06M*	(m)	(m)	(m)	(m)	(m)	(m)	(m)	(m)	$42.76M*
2009-12-31	Reported	$156.63M	(m)	(m)	(m)	(m)	$12.37M	$101.26M	$128.62M	$38.38M	(m)	$46.77M
2008-12-31	Reported	$164.87M	(m)	(m)	(m)	(m)	(m)	$149.34M	(m)	$40.34M	(m)	$54.42M

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