Morningstar (MORN) Capital Expenditures (2009 - 2026)
Morningstar (MORN) reported Capital Expenditures of $37.9 million for Q1 2026, up 17.7% year-over-year from $32.2 million in Q1 2025, and down 11.24% quarter-over-quarter 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.
- Capital Expenditures for Q1 2026 came in at $37.9 million, up 17.7% year-over-year; the trailing twelve-month figure through Mar 2026 was $152.8 million (up 8.52% YoY), and the FY2025 annual result was $147.1 million, up 3.08% from the prior year.
- Capital Expenditures retreated to $37.9 million in Q1 2026 per MORN's latest filing, from $42.7 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $42.7 million in Q4 2025 and troughed at $28.0 million in Q1 2022.
- A 5-year average of $33.9 million and a median of $33.7 million in 2022 frame the typical range for Capital Expenditures.
- The sharpest annual moves came in 2022 and 2023: Capital Expenditures jumped 69.52% in 2022, then dropped 16.9% in 2023.
- A 5-year view of Capital Expenditures shows it stood at $36.1 million in 2022, then decreased by 16.9% to $30.0 million in 2023, then soared by 35.33% to $40.6 million in 2024, then advanced by 5.17% to $42.7 million in 2025, then fell by 11.24% to $37.9 million in 2026.
- Business Quant data shows MORN's Capital Expenditures at $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) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 122.27 Bn | 125.38 Bn | 2.94 Bn | 27.00 Mn |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn | 21.80 Mn |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn | 95.00 Mn |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - | 64.00 Mn |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn | 60.00 Mn |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn | - |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn | 26.00 Mn |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn | 19.20 Mn |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn | 65.20 Mn |
| 10 | Morningstar | 6.04 Bn | 5.51 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 |