{"filings":[{"id":609920,"accession_number":"0001289419-26-000031","cik":1289419,"company_name":"Morningstar, Inc.","ticker":"MORN","form_type":"8-K","filed_at":"2026-05-22T20:19:33+00:00","items":["7.01","9.01"],"status":"ready","headline":"Morningstar files Q&A; full Q&A text not supplied in exhibit provided","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Filing includes an Investor Q&A dated May 22, 2026 covering questions through May 5, 2026.","No specific financial or operational metrics from the Q&A are available in the provided text.","Company's forward-looking risk factors restated but no new material disclosures apparent."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":6862536229.342503,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":91951,"accession_number":"0001289419-26-000028","cik":1289419,"company_name":"Morningstar, Inc.","ticker":"MORN","form_type":"8-K","filed_at":"2026-05-08T23:59:59+00:00","items":["5.02","5.07"],"status":"ready","headline":"Morningstar holds annual meeting; director Landis retires, all proposals approved","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Director Gail Landis did not stand for re-election due to mandatory retirement age; Board size set to 10.","All 10 director nominees elected; votes ranged from 31.3M to 33.6M for each nominee.","Advisory vote on executive compensation approved with 32.5M for, 1.2M against, 26k abstentions.","Ratification of KPMG as independent auditor for 2026 approved with 34.9M for, 89k against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":6862536229.342503,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":91950,"accession_number":"0001289419-26-000026","cik":1289419,"company_name":"Morningstar, Inc.","ticker":"MORN","form_type":"8-K","filed_at":"2026-04-29T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Morningstar Q1 revenue +10.8% to $644.8M, EPS +50% to $2.73; Credit revenue +38.4%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $644.8M (+10.8% reported, +7.6% organic); adjusted operating income $178.6M (+31.9%).","Diluted EPS $2.73 (+50.0% YoY); adjusted EPS $3.18 (+42.6%).","Repurchased 1.72M shares for $300M; CRSP acquisition closed in Feb., accretive to margin.","Morningstar Credit revenue $101M (+38.4%), operating margin 40.8%; PitchBook +5.3%, Direct +8.0%.","Cash flow from ops flat at $91.5M; free cash flow $53.6M (-8.8%)."],"consensus_eps_estimate":null,"consensus_eps_actual":2.73,"consensus_revenue_estimate":null,"consensus_revenue_actual":644800000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":6862536229.342503,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":102391,"accession_number":"0001104659-26-034527","cik":1289419,"company_name":"Morningstar, Inc.","ticker":"MORN","form_type":"8-K","filed_at":"2026-03-25T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Morningstar files Investor Q&A but attached exhibit lacks substantive answers","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Filing furnishes Investor Q&A responses for questions received through March 5, 2026.","Attached exhibit (Ex-99.1) contains only an introductory note, no specific Q&A content.","Company also reminds shareholders of 2026 Annual Meeting record date of March 9, 2026.","Document includes standard forward-looking statement cautionary language."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":6862536229.342503,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":102390,"accession_number":"0001289419-26-000015","cik":1289419,"company_name":"Morningstar, Inc.","ticker":"MORN","form_type":"8-K","filed_at":"2026-03-13T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Morningstar declares $0.50 quarterly dividend, payable April 30","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly dividend of $0.50 per share declared by Board of Directors.","Payable April 30, 2026 to shareholders of record as of April 3, 2026.","Dividend amount unchanged from the prior quarterly payment in January."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":6862536229.342503,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":102389,"accession_number":"0001289419-26-000009","cik":1289419,"company_name":"Morningstar, Inc.","ticker":"MORN","form_type":"8-K","filed_at":"2026-02-12T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Morningstar Q4 revenue up 8.5%, adj. EPS +26.6%; FY2025 adj. EPS $9.86","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $641.1M (+8.5%); adj. operating income $153.5M (+26.1%); adj. diluted EPS $2.71 (+26.6%).","FY2025 revenue $2.4B (+7.5%); adj. operating income $582.9M (+18.0%); adj. diluted EPS $9.86 (+25.0%).","Repurchased 3.28M shares for $787M in 2025; Q4 alone $385.3M at avg $216.42.","Morningstar Credit segment revenue surpassed $100M in Q4, +27.9% reported; full-year growth across geographies.","Completed CRSP acquisition Feb 2, 2026; CRSP indexes rebranded Morningstar; Vanguard extends index usage."],"consensus_eps_estimate":null,"consensus_eps_actual":8.87,"consensus_revenue_estimate":null,"consensus_revenue_actual":2445500000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":6862536229.342503,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":102388,"accession_number":"0001289419-26-000005","cik":1289419,"company_name":"Morningstar, Inc.","ticker":"MORN","form_type":"8-K","filed_at":"2026-01-05T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Morningstar appoints former Nordstrom CFO Anne Bramman to board of directors","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Anne Bramman elected to Morningstar board effective Jan 2, 2026, filling newly created 11th seat.","Bramman will serve on Audit and Compensation committees; receives prorated cash retainer and ~$250K initial RSU grant.","Bramman is former CFO of Nordstrom, Avery Dennison, Carnival, and L Brands, and most recently Circana CFO.","Joe Mansueto cites her financial excellence and transformation expertise as beneficial to long-term growth."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":6862536229.342503,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":118662,"accession_number":"0001289419-25-000178","cik":1289419,"company_name":"Morningstar, Inc.","ticker":"MORN","form_type":"8-K","filed_at":"2025-12-23T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Morningstar says PitchBook growth increasingly from existing large AUM accounts","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["5-year growth driven by new logos and net renewals; recent shift to expansion with large AUM accounts.","Price increases applied to new clients and at renewals contributed to revenue growth.","PitchBook expects expansion with existing large AUM accounts to outpace new logo growth.","Opportunities include capturing remaining large AUM logos and adding small/mid-sized firms and adjacent segments."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":6862536229.342503,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":118661,"accession_number":"0001289419-25-000176","cik":1289419,"company_name":"Morningstar, Inc.","ticker":"MORN","form_type":"8-K","filed_at":"2025-12-05T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Morningstar raises quarterly dividend 10% to $0.50 per share","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly dividend increased to $0.50 from $0.455 per share, a 10% increase.","Annualized dividend rises to $2.00 per share from $1.82.","Payable January 30, 2026, to shareholders of record January 2, 2026.","Company expects to pay three additional dividends in 2026 on a similar schedule."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":6862536229.342503,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":118660,"accession_number":"0001289419-25-000174","cik":1289419,"company_name":"Morningstar, Inc.","ticker":"MORN","form_type":"8-K","filed_at":"2025-11-25T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Morningstar files 8-K with investor Q&A; full content not available in excerpt","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Filing furnishes responses to investor questions received through November 5, 2025.","Exhibit 99.1 contains the Q&A, but specific responses are not included in this extraction.","Forward-looking statements reference risks around CRSP acquisition, cybersecurity, and market conditions.","No specific financial or operational updates can be extracted from the provided text."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":6862536229.342503,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":118659,"accession_number":"0001289419-25-000171","cik":1289419,"company_name":"Morningstar, Inc.","ticker":"MORN","form_type":"8-K","filed_at":"2025-11-05T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Morningstar files 8-K with investor Q&A; no material financial details provided","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Morningstar furnished an Investor Q&A document as Exhibit 99.1 covering questions through Sep 30, 2025.","The Q&A text is not reproduced in the filing excerpt; no specific responses or metrics are available.","No changes to guidance, earnings, or other material events were announced in the 8-K body.","This filing is a routine Regulation FD disclosure for periodic investor communications."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":6862536229.342503,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":118658,"accession_number":"0001104659-25-104692","cik":1289419,"company_name":"Morningstar, Inc.","ticker":"MORN","form_type":"8-K","filed_at":"2025-10-31T23:59:59+00:00","items":["1.01","1.02","2.03","3.03","9.01"],"status":"ready","headline":"Morningstar enters $1.5B credit facility; replaces existing agreement","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New $1.5B multi-currency credit facility: $750M revolver, $375M A-1 term (delayed draw), $375M A-2 term (3-year).","Interest margins range from 1.05% to 1.425% based on consolidated net leverage ratio; benchmarks include SOFR, SONIA, EURIBOR.","Financial covenants: max leverage ratio 3.50:1.00 (4.00:1.00 post material acquisition); min interest coverage 3.00:1.00.","Existing $170M revolver balance rolled over; prior credit agreement terminated.","Guarantors include Morningstar Investment Management, Research Services, Ratings Holding, and PitchBook Data."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":6862536229.342503,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":118657,"accession_number":"0001289419-25-000166","cik":1289419,"company_name":"Morningstar, Inc.","ticker":"MORN","form_type":"8-K","filed_at":"2025-10-29T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Morningstar Q3 revenue up 8.4% to $617.4M, adj EPS $2.55; new $1B buyback authorized","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Reported revenue $617.4M (+8.4% YoY); organic revenue +9.0%.","Adjusted diluted EPS $2.55, up 27.5% YoY; GAAP diluted EPS $2.17 down 21.7% due to prior-year gain.","Morningstar Credit revenue surged 28.5% YoY, adjusted op margin 30.8%.","Board approved new $1B share repurchase program effective Oct 31, replacing completed $500M program.","Year-to-date repurchases 1,873,729 shares for $487M through Oct 28."],"consensus_eps_estimate":null,"consensus_eps_actual":6.08,"consensus_revenue_estimate":null,"consensus_revenue_actual":1804400000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":6862536229.342503,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":118656,"accession_number":"0001289419-25-000161","cik":1289419,"company_name":"Morningstar, Inc.","ticker":"MORN","form_type":"8-K","filed_at":"2025-10-14T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Morningstar announces CRO departure and internal replacement effective Nov 21, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Daniel Dunn, Chief Revenue Officer, will depart on November 21, 2025 to pursue another opportunity.","Julie Willoughby, Head of Global Sales, appointed as CRO effective November 21, 2025.","Willoughby has over 25 years of experience at Morningstar in client-facing and sales roles."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":6862536229.342503,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":135162,"accession_number":"0001289419-25-000158","cik":1289419,"company_name":"Morningstar, Inc.","ticker":"MORN","form_type":"8-K","filed_at":"2025-09-26T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Morningstar files investor Q&A; 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acquired to bolster Morningstar's index capabilities.","Vanguard funds tracking CRSP indexes include VTSAX, VTI, VIMAX, VO.","Closing expected Q4 2025, subject to customary conditions and regulatory approval."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":6862536229.342503,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":135160,"accession_number":"0001289419-25-000154","cik":1289419,"company_name":"Morningstar, Inc.","ticker":"MORN","form_type":"8-K","filed_at":"2025-09-19T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Morningstar declares $0.455 quarterly dividend payable Oct 31, 2025","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly cash dividend of 45.5 cents per share declared, consistent with the prior quarter.","Payable October 31, 2025 to shareholders of record as of October 3, 2025.","Board of Directors approved the dividend; 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for fundamental ratings, ~50%.","Managed investment data accounted for roughly half of Morningstar Data revenue for TTM ended June 30, 2025.","Retention rates from 2022-2024 were higher in managed investment data and Essentials, lower in exchange market data.","Plans to issue Morningstar Medalist Ratings for interval funds starting Q3 2025; expects to monetize through asset manager offerings."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":6862536229.342503,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":135157,"accession_number":"0001289419-25-000142","cik":1289419,"company_name":"Morningstar, Inc.","ticker":"MORN","form_type":"8-K","filed_at":"2025-07-30T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Morningstar Q2 revenue up 5.8% to $605.1M; 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no new material information","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Document provides answers to investor questions received up to May 31, 2025.","No specific financial metrics, guidance updates, or strategic changes are discussed.","The Q&A includes standard forward-looking statement caution and risk factors.","The filing does not contain any quarterly earnings or operational results."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":6862536229.342503,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":152132,"accession_number":"0001289419-25-000132","cik":1289419,"company_name":"Morningstar, Inc.","ticker":"MORN","form_type":"8-K","filed_at":"2025-06-20T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Morningstar declares quarterly dividend of 45.5 cents per share, unchanged from prior quarter","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly dividend set at $0.455 per share, consistent with the April 2025 payment.","Payable on July 31, 2025 to shareholders of record as of July 11, 2025.","Board approval announced on June 20, 2025 via press release.","Dividend amount unchanged; no increase or decrease from prior quarter."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":6862536229.342503,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":152131,"accession_number":"0001289419-25-000090","cik":1289419,"company_name":"Morningstar, Inc.","ticker":"MORN","form_type":"8-K","filed_at":"2025-05-14T23:59:59+00:00","items":["5.02","5.07"],"status":"ready","headline":"Morningstar Board adopts Executive Severance Policy; shareholders reelect directors and ratify KPMG","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CEO gets 2x base salary + target bonus over 24 months on non-CIC termination; other named execs get 1x over 12 months.","Change-in-control severance: CEO receives 2.5x salary+bonus lump sum; other participants receive 1.5x lump sum.","All 10 director nominees elected; advisory vote on executive compensation approved 37.5M for vs 0.5M against.","KPMG LLP ratified as independent auditor for 2025 with 39.2M votes for vs 0.2M against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":6862536229.342503,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":152130,"accession_number":"0001289419-25-000080","cik":1289419,"company_name":"Morningstar, Inc.","ticker":"MORN","form_type":"8-K","filed_at":"2025-05-07T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Morningstar furnishes Investor Q&A with no material new information","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Filed under Item 7.01; responses address questions received through March 31, 2025.","No specific financial figures, guidance changes, or operational updates disclosed in the Q&A.","Document describes submission process for future investor questions; no substantive answers provided."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.05,"calibrated_materiality_score":0.05,"market_cap_usd":6862536229.342503,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":152129,"accession_number":"0001289419-25-000070","cik":1289419,"company_name":"Morningstar, Inc.","ticker":"MORN","form_type":"8-K","filed_at":"2025-04-30T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Morningstar Q1 revenue $581.9M (+7.2%); adj. 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no specific questions or answers published.","Company states it will release Q&A responses in multiple installments; this first installment lacks financial or strategic updates.","No EPS, revenue, guidance, M&A, leadership changes, or other material events disclosed in this filing.","Subsequent installments may contain material information; investors should monitor future filings."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.05,"calibrated_materiality_score":0.05,"market_cap_usd":6862536229.342503,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":170955,"accession_number":"0001104659-25-027795","cik":1289419,"company_name":"Morningstar, Inc.","ticker":"MORN","form_type":"8-K","filed_at":"2025-03-25T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Morningstar launches Direct Advisory Suite, details M&A and AI in investor Q&A","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Direct Advisory Suite launched Jan 2025; all Advisor Workstation clients to migrate by 2026, price increases possible.","Morningstar Office retired; clients transitioning to SS&C Black Diamond; Addepar not viewed as competitor.","M&A focuses on adjacencies; recent buys include Lumonic (private credit) and Dealview (CMBS/CLO data).","EU Omnibus proposals to streamline CSRD; Morningstar expects no material impact in 2025.","Executive comp: TSR hurdle at 20% (since 2020), MSUs vest 0% if TSR negative 13.33%."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":6862536229.342503,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":170954,"accession_number":"0001289419-25-000058","cik":1289419,"company_name":"Morningstar, Inc.","ticker":"MORN","form_type":"8-K","filed_at":"2025-03-14T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Morningstar declares quarterly dividend of $0.455 per share, consistent with prior","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Dividend of 45.5 cents per share declared, same rate as January 2025 payment.","Payable April 30, 2025 to shareholders of record as of April 4, 2025.","No change in dividend rate from previous quarter indicates steady payout policy."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":6862536229.342503,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":170953,"accession_number":"0001289419-25-000025","cik":1289419,"company_name":"Morningstar, Inc.","ticker":"MORN","form_type":"8-K","filed_at":"2025-02-26T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Morningstar Q4 revenue up 9.7%, EPS $2.71; 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succeeds Jason Dubinsky who steps down and will consult.","Holt previously chief strategy officer (since 2018) and president of Research and Investments (since 2023).","Compensation: $450k base salary, target bonus 100%, annual RSUs $275k, MSUs $825k with 3-year TSR vesting.","Holt joined Morningstar in 2008 as equity analyst, led global equity research from 2014-2018, then corporate strategy.","He will report to CEO Kunal Kapoor and remain based in Chicago headquarters."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":6862536229.342503,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":187915,"accession_number":"0001289419-24-000152","cik":1289419,"company_name":"Morningstar, Inc.","ticker":"MORN","form_type":"8-K","filed_at":"2024-12-06T23:59:59+00:00","items":["5.02","8.01","9.01"],"status":"ready","headline":"Morningstar raises quarterly dividend 12.3% to 45.5 cents per share","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly dividend increased to $0.455 from $0.405; 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PitchBook President named","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Goal to increase adjusted operating margins to recent historical peaks (~low 20% range) and higher over long term.","Compensation and benefits over two-thirds of 2023 operating expenses; $52.8M stock-based compensation.","PitchBook's Rod Diefendorf promoted to President; John Gabert departs; leadership team remains stable.","LCD integration substantially complete; ~85% of contracts renewed; retention in line with broader PitchBook.","PitchBook renewal rates fell from 121% avg (2017-2022) to 112% in 2023; corporate clients weakest."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":6862536229.342503,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":221220,"accession_number":"0001104659-24-073194","cik":1289419,"company_name":"Morningstar, Inc.","ticker":"MORN","form_type":"8-K","filed_at":"2024-06-20T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Morningstar to sell $12B TAMP to AssetMark, expects positive run-rate adjusted operating income impact","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["AssetMark to acquire ~$12B in assets from Morningstar Wealth's U.S. TAMP; 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Joe Mansueto received 38.3M votes, Steve Joynt 28.8M.","Advisory vote on executive compensation approved: 38.4M for, 346k against.","Ratification of KPMG as independent auditor for 2024 passed: 39.4M for, 185k against.","Annual meeting held May 10, 2024; total voting shares approximately 39.6M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.05,"calibrated_materiality_score":0.05,"market_cap_usd":6862536229.342503,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":221216,"accession_number":"0001289419-24-000033","cik":1289419,"company_name":"Morningstar, Inc.","ticker":"MORN","form_type":"8-K","filed_at":"2024-05-09T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"Morningstar Q&A details debt reduction, headcount cuts, and Wealth segment margin improvement","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Net debt-to-EBITDA fell to 1.6x at March 31, 2024, from 2.2x at Dec 31, 2022.","Headcount down 7% YoY at Dec 31, 2023; 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