The returns shown are based on historical results and are not  intended to suggest future performance. Data for the Morningstar  U.S. Market Index and our peer group assume reinvestment of  dividends. We did not pay any dividends on our common stock dur- ing the period covered by the graph, but we began paying a quarterly  dividend of 5 cents per share in 2011.  The graph below shows a comparison of cumulative total return for  our common stock, the Morningstar U.S. Market Index, and a group  of peer companies, which are listed below the graph. The graph  assumes an investment of $100 beginning on January 1, 2006, in our  common stock, the Morningstar U.S. Market Index, and the peer group.  Stock Price Performance Graph $250 200 150 50 100 Morningstar, Inc. Peer Group (1) Adjusted Peer Group (2) Morningstar U.S. Market Index Dec. 31 $100.00 100.00 100.00 100.00 Dec. 31 $130.05 125.73 125.73 115.70 Dec. 31 $224.45 99.45 99.45 122.55 Dec. 31 $102.48 63.90 64.44 77.16 Dec. 31 $139.55 81.96 81.28 99.12 2006 2005 2007 2008 2009 Dec. 31 $153.38 97.32 96.18 115.76 2010 (1) Our peer group consists of the following companies: Advent Software, Inc., FactSet Research Systems Inc., Financial Engines, The McGraw-Hill Companies, Inc., Moody’s Corporation,  MSCI, SEI Investments Company, Thomson Reuters, and Value Line, Inc. In 2008 we removed Reuters Group PLC from our peer group because of its merger with Thomson, which was  effective April 17, 2008. The graph above includes total return information for The Thomson Corporation prior to the merger date and Thomson Reuters beginning with the merger date.  In 2010 we removed Interactive Data Corporation from the peer group because the company is no longer publicly traded. We also added Financial Engines and MSCI to the peer group  with share price data beginning in March 2010 and November 2007, respectively. (2) The adjusted peer group includes all of the companies named above, but excludes Financial Engines and MSCI. Morningstar, Inc.  2010 Annual Report 145