Morningstar (MORN) Asset Utilization Ratio (2010 - 2026)
Morningstar's (MORN) quarterly Asset Utilization Ratio came in at 0.66 in Q1 2026, up 2.08% year-on-year from 0.65 in Q1 2025, and down 3.23% on a QoQ basis from 0.68 in Q4 2025.
Morningstar (MORN) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Morningstar (MORN) has 17 years of Asset Utilization Ratio data on file, last reported at 0.66 in Q1 2026.
- On a quarterly basis, Asset Utilization Ratio rose 2.08% year-over-year to 0.66 in Q1 2026; TTM through Mar 2026 was 0.66, a 2.08% increase from a year earlier, with the FY2025 full-year figure at 0.69, up 4.68% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.66, down from 0.68 in the prior quarter.
- Over the last five years, Asset Utilization Ratio for MORN reached as high as 0.68 in Q4 2025 and fell as low as 0.54 in Q3 2022.
- Historically, Asset Utilization Ratio has averaged 0.61 across 5 years, with a median of 0.62 in 2024.
- Across the five-year window, Asset Utilization Ratio declined 11.14% in 2023 and rose 14.43% in 2024, its largest moves.
- Year by year, Asset Utilization Ratio stood at 0.54 in 2022, then rose by 11.28% to 0.6 in 2023, then gained by 5.83% to 0.64 in 2024, then gained by 7.0% to 0.68 in 2025, then declined by 3.23% to 0.66 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.66 in Q1 2026, 0.68 in Q4 2025, and 0.67 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 123.54 Bn | 121.73 Bn | 2.94 Bn | 0.26 |
| 2 | Cme | 93.95 Bn | 93.95 Bn | 1.65 Bn | 0.03 |
| 3 | Intercontinental Exchange | 86.02 Bn | 84.27 Bn | - | 0.06 |
| 4 | Moodys | 83.68 Bn | 82.18 Bn | 1.67 Bn | 0.55 |
| 5 | Nasdaq | 53.85 Bn | 53.14 Bn | 1.50 Bn | 0.32 |
| 6 | Coinbase Global | 43.36 Bn | 32.93 Bn | 1.33 Bn | 0.22 |
| 7 | Msci | 41.57 Bn | 41.22 Bn | 717.10 Mn | 0.60 |
| 8 | Cboe Global Markets | 30.85 Bn | 28.68 Bn | 728.90 Mn | 0.47 |
| 9 | TransUnion | 16.17 Bn | 15.44 Bn | 726.20 Mn | 0.41 |
| 10 | Morningstar | 7.43 Bn | 6.90 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 |