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Ratios

Morningstar (MORN) Accumulated Expenses (2016 - 2025)

Morningstar (MORN) has disclosed Accumulated Expenses for 17 consecutive years, with $294.2 million as the latest value for Q4 2025.

  • On a quarterly basis, Accumulated Expenses rose 8.08% to $294.2 million in Q4 2025 year-over-year; TTM through Dec 2025 was $294.2 million, a 8.08% increase, with the full-year FY2025 number at $294.2 million, up 8.08% from a year prior.
  • Accumulated Expenses was $294.2 million for Q4 2025 at Morningstar, up from $231.0 million in the prior quarter.
  • In the past five years, Accumulated Expenses ranged from a high of $294.2 million in Q4 2025 to a low of $105.9 million in Q1 2021.
  • A 5-year average of $190.8 million and a median of $182.8 million in 2021 define the central range for Accumulated Expenses.
  • Peak YoY movement for Accumulated Expenses: soared 102.74% in 2021, then fell 19.58% in 2022.
  • Morningstar's Accumulated Expenses stood at $273.7 million in 2021, then dropped by 19.58% to $220.1 million in 2022, then decreased by 2.59% to $214.4 million in 2023, then increased by 26.96% to $272.2 million in 2024, then grew by 8.08% to $294.2 million in 2025.
  • Per Business Quant, the three most recent readings for MORN's Accumulated Expenses are $294.2 million (Q4 2025), $231.0 million (Q3 2025), and $179.5 million (Q2 2025).