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
DateValue
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