Morningstar (MORN) Capital Expenditures (2009 - 2026)
Morningstar's (MORN) quarterly Capital Expenditures came in at $37.9 million in Q1 2026, up 17.7% year-on-year from $32.2 million in Q1 2025, and down 11.24% on a QoQ basis from $42.7 million in Q4 2025.
Morningstar (MORN) Capital Expenditures (2009 - 2026) Analysis & Trends
Morningstar (MORN) has 18 years of Capital Expenditures data on file, last reported at $37.9 million in Q1 2026.
- On a quarterly basis, Capital Expenditures rose 17.7% year-over-year to $37.9 million in Q1 2026; TTM through Mar 2026 was $152.8 million, a 8.52% increase from a year earlier, with the FY2025 full-year figure at $147.1 million, up 3.08% from the prior year.
- Capital Expenditures for Q1 2026 stood at $37.9 million, down from $42.7 million in the prior quarter.
- Over the last five years, Capital Expenditures for MORN reached as high as $42.7 million in Q4 2025 and fell as low as $28.0 million in Q1 2022.
- Historically, Capital Expenditures has averaged $33.9 million across 5 years, with a median of $33.7 million in 2022.
- Across the five-year window, Capital Expenditures surged 69.52% in 2022 and decreased 16.9% in 2023, its largest moves.
- Year by year, Capital Expenditures stood at $36.1 million in 2022, then declined by 16.9% to $30.0 million in 2023, then soared by 35.33% to $40.6 million in 2024, then increased by 5.17% to $42.7 million in 2025, then slipped by 11.24% to $37.9 million in 2026.
- Per Business Quant data, the three most recent Capital Expenditures figures were $37.9 million in Q1 2026, $42.7 million in Q4 2025, and $35.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 123.54 Bn | 121.73 Bn | 2.94 Bn | 27.00 Mn |
| 2 | Cme | 93.95 Bn | 93.95 Bn | 1.65 Bn | 23.60 Mn |
| 3 | Intercontinental Exchange | 86.02 Bn | 84.27 Bn | - | 112.00 Mn |
| 4 | Moodys | 83.68 Bn | 82.18 Bn | 1.67 Bn | 91.00 Mn |
| 5 | Nasdaq | 53.85 Bn | 53.14 Bn | 1.50 Bn | 77.00 Mn |
| 6 | Coinbase Global | 43.36 Bn | 32.93 Bn | 1.33 Bn | - |
| 7 | Msci | 41.57 Bn | 41.22 Bn | 717.10 Mn | 9.40 Mn |
| 8 | Cboe Global Markets | 30.85 Bn | 28.68 Bn | 728.90 Mn | 19.20 Mn |
| 9 | TransUnion | 16.17 Bn | 15.44 Bn | 726.20 Mn | 65.20 Mn |
| 10 | Morningstar | 7.43 Bn | 6.90 Bn | 405.90 Mn | 37.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 37.90 Mn |
| Mar 31, 2026 | 37.90 Mn |
| Dec 31, 2025 | 42.70 Mn |
| Dec 31, 2025 | 42.70 Mn |
| Sep 30, 2025 | 35.60 Mn |
| Sep 30, 2025 | 35.60 Mn |
| Jun 30, 2025 | 36.60 Mn |
| Jun 30, 2025 | 36.60 Mn |
| Mar 31, 2025 | 32.20 Mn |
| Mar 31, 2025 | 32.20 Mn |
| Dec 31, 2024 | 40.60 Mn |
| Dec 31, 2024 | 40.60 Mn |
| Sep 30, 2024 | 36.10 Mn |
| Sep 30, 2024 | 36.10 Mn |
| Jun 30, 2024 | 31.90 Mn |
| Jun 30, 2024 | 31.90 Mn |
| Mar 31, 2024 | 34.10 Mn |
| Mar 31, 2024 | 34.10 Mn |
| Dec 31, 2023 | 30.00 Mn |
| Dec 31, 2023 | 30.00 Mn |