Morningstar, PitchBook’s parent company, is a leading provider of independent investment research. The equity research team at Morningstar provides fundamental valuations, ratings and analysis on more than 1,500 public companies worldwide.
Without trading or banking revenues, Morningstar is wholly dependent on adding value through its sought-after research coverage. The team’s independent approach ensures that analysts remain conflict-free and able to express objective insights—whether they be positive or negative. Every investment conclusion reached by our analysts is made with the end investor’s interest in mind.
The Morningstar research team analyzes industries and businesses with a focus on identifying sustainable competitive advantages—or economic moats. Those insights are used to forecast future cash flows. Once analysts have done their work on moat and valuation, they allow for fluctuations in market pricing and sentiment to surface or illuminate investment opportunities. The wider the moat, the higher their conviction.
The team’s global coverage uses the same consistent research framework in every region where their analysts evaluate investments. When looking across geographies, their approach makes it quick and easy to expand your sights into new territories and countries.
Learn more about how to access Morningstar’s institutional equity research through the PitchBook Platform.
Validate your current investment thesis and discover new opportunities using their in-depth company reports. Each includes institutional research with detailed analysis on the team’s investment thesis, as well as information on each company’s corporate management, trends, valuation, profitability and more.
Simplify your due diligence process by using interactive discounted cash flow (DCF) models to easily compare data from Morningstar’s research against your existing models. Each downloadable three-stage DCF model includes more than five years of earnings forecasts.
See how Morningstar analysts calculate moat and trend ratings for each company with their economic moat framework reports. Each report explains how the team assesses companies within an industry or collection of industries with similar business models and competitive landscapes.
Go beyond quarterly reports to gain a more informed long-term view of your investment strategy with the team’s thematic research. Morningstar’s Observer Series reports and Analyst Select Presentations dive deep into industries, companies and emerging trends—including actionable investment ideas.
Proprietary research
Proprietary research + analyst access
Invite to Morningstar Management Behind the Moat Conference
1,500+ global company reports
Interactive analyst DCF models
Economic moat frameworks
Thematic research reports
1,500+ global company reports
Interactive analyst DCF models
Economic moat frameworks
Thematic research reports
Direct phone and email access to analysts
In-person meetings with analysts
Dedicated equity research sales coverage
Invite to Morningstar Management Behind the Moat Conference
