# Morningstar Inc. (MORN) — Shareholder Equity

## Annual Shareholder Equity (USD)

| Year | Shareholder Equity |
| --- | --- |
| 2025 | $1.22B |
| 2024 | $1.62B |
| 2023 | $1.33B |
| 2022 | $1.21B |
| 2021 | $1.42B |
| 2020 | $1.27B |
| 2019 | $1.08B |
| 2018 | $935M |
| 2017 | $805M |
| 2016 | $697M |
| 2015 | $640M |
| 2014 | $654M |
| 2013 | $690M |
| 2012 | $726M |
| 2011 | $855M |
| 2010 | $780M |
| 2009 | $665M |

Source: [MarketCapTrends](https://marketcaptrends.com/company/MORN/shareholders-equity)