Number of shares outstanding for Morningstar (MORN)

Number of shares outstanding as of December 2025 : 42,100,000

According to Morningstar 's latest financial reports and stock price the company's current number of shares outstanding is 42,100,000. At the end of 2025 the company had 42,100,000 shares outstanding. The number of outstanding shares is usually impacted by stock plits and shares buy back.

Shares outstanding history for Morningstar from 2004 to 2025

Shares Outstanding at the end of each year

Year	Shares Outstanding	Change
2025	42.1 M	-1.86%
2024	42.9 M	0.47%
2023	42.7 M	0.47%
2022	42.5 M	-1.39%
2021	43.1 M	0.47%
2020	42.9 M	0.23%
2019	42.8 M	0.23%
2018	42.7 M	0.47%
2017	42.5 M	-1.16%
2016	43 M	-1.83%
2015	43.8 M	-1.38%
2014	44.41 M	-2.93%
2013	45.75 M	-2.47%
2012	46.91 M	-5.95%
2011	49.88 M	0.73%
2010	49.52 M	2.2%
2009	48.45 M	4.21%
2008	46.49 M	7.16%
2007	43.39 M	4.69%
2006	41.44 M	3.82%
2005	39.92 M	3.86%
2004	38.43 M

Shares Outstanding for similar companies or competitors

Company	Shares Outstanding	differencediff.	Country
Envestnet ENV	55,273,324	31.29%	🇺🇸 USA
MSCI MSCI	76,460,000	81.62%	🇺🇸 USA
Thomson Reuters TRI	449,783,419	968.37%	🇨🇦 Canada
FactSet FDS	37,757,000	-10.32%	🇺🇸 USA
Value Line VALU	9,414,605	-77.64%	🇺🇸 USA
Dun & Bradstreet DNB	435,358,541	934.11%	🇺🇸 USA
Moody's MCO	178,900,000	324.94%	🇺🇸 USA
Fox Corporation FOX	455,000,000	980.76%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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