Morningstar

Navi Mumbai
11,500 Total Employees
Year Founded: 1984

Morningstar Company Growth, Stability & Outlook

Morningstar Employee Reviews

I wake up most mornings thinking about growth—and at Morningstar, we get there by aligning our interests with those of investors. We strive to meet the evolving demands of the investor through innovation driven by our core research, technology, and design skills. When the investor wins, so do we.

Kunal Kapoor
Kunal Kapoor, CEO
Kunal Kapoor, CEO

At Morningstar, our strategy is grounded in long-term thinking, a clear sense of purpose, and a focus on creating enduring value. Every strategic decision we make is designed to align with our mission, generate sustainable returns, and serve the best interests of investors. I believe the most successful outcomes emerge when analytical rigor is paired with the courage to challenge convention.

Elizabeth Collins
Elizabeth Collins, Chief Strategy Officer
Elizabeth Collins, Chief Strategy Officer

At PitchBook, we know empowering customers to succeed takes innovation, resilience, and a commitment to clarity in today’s complex market. By leaning into challenges, taking calculated risks, and learning from every step, we’re focused on delivering the insights and tools that help drive decisions and propel business forward. Excellence lives in our relentless pursuit to exceed expectations.

Rod Diefendorf
Rod Diefendorf, President and Chief Operating Officer
Rod Diefendorf, President and Chief Operating Officer

What People Are Saying About Morningstar

  • Strong Revenue Growth: Reported and organic revenue increased in 2025 and accelerated into early 2026, with margins expanding. Q1 2026 showed re‑accelerated momentum supported by multiple engines.
  • Profitability: Adjusted operating income and margins expanded in 2025 and improved further in Q1 2026. Results show stronger profitability alongside revenue gains.
  • Diversified Revenue Streams: Multiple businesses—Morningstar Credit, the Morningstar Direct Platform (Data and Direct), PitchBook, and Retirement—drove broad‑based growth. Credit benefited from robust issuance across geographies and asset classes while platforms and data added steady subscription‑led expansion.