Morningstar (MORN) Asset Utilization Ratio (2010 - 2026)
Morningstar (MORN) reported Asset Utilization Ratio of 0.66 for Q1 2026, up 2.08% year-over-year from 0.65 in Q1 2025, and down 3.23% on a QoQ basis from 0.68 in Q4 2025.
Morningstar (MORN) has 17 years of Asset Utilization Ratio data on file, last reported at 0.66 in Q1 2026.
- Quarterly Asset Utilization Ratio rose 2.08% year-over-year to 0.66 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.66 (up 2.08% YoY) and the FY2025 annual result came in at 0.69, up 4.68% from the prior year.
- Asset Utilization Ratio declined to 0.66 in Q1 2026 per MORN's latest filing, from 0.68 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.68 in Q4 2025 and bottomed at 0.54 in Q3 2022.
- The 5-year median for Asset Utilization Ratio is 0.62 (2024), against an average of 0.61.
- The widest annual swing landed in 2023, when Asset Utilization Ratio declined 11.14%; it then rose 14.43% in 2024.
- Tracing MORN's Asset Utilization Ratio over 5 years: stood at 0.54 in 2022, then gained by 11.28% to 0.6 in 2023, then advanced by 5.83% to 0.64 in 2024, then advanced by 7.0% to 0.68 in 2025, then fell by 3.23% to 0.66 in 2026.
- Per Business Quant, the three latest MORN Asset Utilization Ratio figures stand at 0.66 (Q1 2026), 0.68 (Q4 2025), and 0.67 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | 0.26 |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | 0.03 |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | 0.07 |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | 0.52 |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | 0.28 |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | 0.22 |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | 0.58 |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 0.47 |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | 0.41 |
| 10 | Morningstar | 7.12 Bn | 6.58 Bn | 405.90 Mn | 0.66 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.66 |
| Dec 31, 2025 | 0.68 |
| Sep 30, 2025 | 0.67 |
| Jun 30, 2025 | 0.65 |
| Mar 31, 2025 | 0.65 |
| Dec 31, 2024 | 0.64 |
| Sep 30, 2024 | 0.64 |
| Jun 30, 2024 | 0.64 |
| Mar 31, 2024 | 0.62 |
| Dec 31, 2023 | 0.60 |
| Sep 30, 2023 | 0.58 |
| Jun 30, 2023 | 0.56 |
| Mar 31, 2023 | 0.55 |
| Dec 31, 2022 | 0.54 |
| Sep 30, 2022 | 0.54 |
| Jun 30, 2022 | 0.57 |
| Mar 31, 2022 | 0.62 |
| Dec 31, 2021 | 0.61 |
| Sep 30, 2021 | 0.59 |
| Jun 30, 2021 | 0.57 |
| Mar 31, 2021 | 0.54 |
| Dec 31, 2020 | 0.53 |
| Sep 30, 2020 | 0.55 |
| Jun 30, 2020 | 0.56 |
| Mar 31, 2020 | 0.53 |
| Dec 31, 2019 | 0.51 |
| Sep 30, 2019 | 0.58 |
| Jun 30, 2019 | 0.68 |
| Mar 31, 2019 | 0.69 |
| Dec 31, 2018 | 0.71 |
| Sep 30, 2018 | 0.70 |
| Jun 30, 2018 | 0.68 |
| Mar 31, 2018 | 0.67 |
| Dec 31, 2017 | 0.65 |
| Sep 30, 2017 | 0.64 |
| Jun 30, 2017 | 0.62 |
| Mar 31, 2017 | 0.60 |
| Dec 31, 2016 | 0.66 |
| Sep 30, 2016 | 0.75 |
| Jun 30, 2016 | 0.76 |
| Mar 31, 2016 | 0.77 |
| Dec 31, 2015 | 0.77 |
| Sep 30, 2015 | 0.76 |
| Jun 30, 2015 | 0.75 |
| Mar 31, 2015 | 0.76 |
| Dec 31, 2014 | 0.75 |
| Sep 30, 2014 | 0.72 |
| Jun 30, 2014 | 0.70 |
| Mar 31, 2014 | 0.70 |
| Dec 31, 2013 | 0.66 |
| Sep 30, 2013 | 0.65 |
| Jun 30, 2013 | 0.65 |
| Mar 31, 2013 | 0.64 |
| Dec 31, 2012 | 0.63 |
| Sep 30, 2012 | 0.60 |
| Jun 30, 2012 | 0.57 |
| Mar 31, 2012 | 0.55 |
| Dec 31, 2011 | 0.55 |
| Sep 30, 2011 | 0.55 |
| Jun 30, 2011 | 0.53 |
| Mar 31, 2011 | 0.53 |
| Dec 31, 2010 | 0.53 |
| Sep 30, 2010 | 0.53 |