Morningstar, Inc.
$8.40B- Market cap
- $7.86B
- Debt
- +$1.07B
- Cash
- −$528.70M
Capital structure 88% equity / 12% debt · EV / Revenue 3.43x · EV / EBITDA 11.62x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: MORN stock price vs CBRL: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at CBRL's multiple
Needs CBRL P/E.
Implied fair value · at MORN's multiple
Needs MORN P/E.
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Multiple premium
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: MORN FY 2025 (ended Dec 31, 2025) · CBRL FY 2025 (ended Aug 1, 2025). Fiscal years are not aligned.
Trendline
Ten fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 88% equity / 12% debt · EV / Revenue 3.43x · EV / EBITDA 11.62x
Capital structure 72% equity / 28% debt · EV / Revenue 0.48x · EV / EBITDA 6.98x
MORN carries the larger enterprise value at $8.40B against $1.67B; CBRL trades on the lower EV / Revenue multiple (0.48x vs 3.43x); CBRL on the lower EV / EBITDA (6.98x vs 11.62x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
MORNINGSTAR, INC. · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Cracker Barrel Old Country Store, Inc. · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
0.88x
1.05x
Net debt / EBITDA
Leverage against operating earnings
0.75x
1.86x
Cash and equivalents
Liquid reserves on the balance sheet
$528.70M
$39.64M
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
FACTSET RESEARCH SYSTEMS INC
MORN vs FDS
MOODYS CORP /DE/
MORN vs MCO
BROADRIDGE FINANCIAL SOLUTIONS, INC.
MORN vs BR
MSCI Inc.
MORN vs MSCI
S&P Global Inc.
MORN vs SPGI
NASDAQ, INC.
MORN vs NDAQ
DARDEN RESTAURANTS INC
MORN vs DRI
Bloomin' Brands, Inc.
MORN vs BLMN
Dine Brands Global, Inc.
MORN vs DIN
BRINKER INTERNATIONAL, INC
MORN vs EAT
Texas Roadhouse, Inc.
MORN vs TXRH
$1.07B
$484.64M
LLM-powered synthesis
An on-demand narrative read of the same deterministic data.
The deterministic comparison remains available. Sign in when you want an on-demand narrative synthesis of the same data.