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% on a QoQ basis from $42.7 million in Q4 2025.
Morningstar (MORN) has 18 years of Capital Expenditures data on file, last reported at $37.9 million in Q1 2026.
- Quarterly Capital Expenditures rose 17.7% year-over-year to $37.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $152.8 million (up 8.52% YoY) and the FY2025 annual result came in at $147.1 million, up 3.08% from the prior year.
- Capital Expenditures slipped to $37.9 million in Q1 2026 per MORN's latest filing, from $42.7 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $42.7 million in Q4 2025 and bottomed at $28.0 million in Q1 2022.
- The 5-year median for Capital Expenditures is $33.7 million (2022), against an average of $33.9 million.
- The widest annual swing landed in 2022, when Capital Expenditures surged 69.52%; it then decreased 16.9% in 2023.
- Tracing MORN's Capital Expenditures over 5 years: stood at $36.1 million in 2022, then fell by 16.9% to $30.0 million in 2023, then jumped by 35.33% to $40.6 million in 2024, then rose by 5.17% to $42.7 million in 2025, then dropped by 11.24% to $37.9 million in 2026.
- Per Business Quant, the three latest MORN Capital Expenditures figures stand at $37.9 million (Q1 2026), $42.7 million (Q4 2025), and $35.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | 27.00 Mn |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | 21.80 Mn |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | 64.00 Mn |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | 95.00 Mn |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | 60.00 Mn |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | - |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | 26.00 Mn |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 19.20 Mn |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | 65.20 Mn |
| 10 | Morningstar | 7.12 Bn | 6.58 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 |
| Sep 30, 2023 | 29.30 Mn |
| Sep 30, 2023 | 29.30 Mn |
| Jun 30, 2023 | 30.30 Mn |
| Jun 30, 2023 | 30.30 Mn |
| Mar 31, 2023 | 29.50 Mn |
| Mar 31, 2023 | 29.50 Mn |
| Dec 31, 2022 | 36.10 Mn |
| Dec 31, 2022 | 36.10 Mn |
| Sep 30, 2022 | 33.70 Mn |
| Sep 30, 2022 | 33.70 Mn |
| Jun 30, 2022 | 31.70 Mn |
| Jun 30, 2022 | 31.70 Mn |
| Mar 31, 2022 | 28.00 Mn |
| Mar 31, 2022 | 28.00 Mn |
| Dec 31, 2021 | 30.20 Mn |
| Dec 31, 2021 | 30.20 Mn |
| Sep 30, 2021 | 30.20 Mn |
| Sep 30, 2021 | 30.20 Mn |
| Jun 30, 2021 | 18.70 Mn |
| Jun 30, 2021 | 18.70 Mn |
| Mar 31, 2021 | 22.70 Mn |
| Mar 31, 2021 | 22.70 Mn |
| Dec 31, 2020 | 22.00 Mn |
| Dec 31, 2020 | 22.00 Mn |
| Sep 30, 2020 | 22.60 Mn |
| Sep 30, 2020 | 22.60 Mn |
| Jun 30, 2020 | 17.00 Mn |
| Jun 30, 2020 | 17.00 Mn |
| Mar 31, 2020 | 15.10 Mn |
| Mar 31, 2020 | 15.10 Mn |
| Dec 31, 2019 | 22.90 Mn |
| Dec 31, 2019 | 22.90 Mn |
| Sep 30, 2019 | 20.10 Mn |
| Sep 30, 2019 | 20.10 Mn |
| Jun 30, 2019 | 18.30 Mn |
| Jun 30, 2019 | 18.30 Mn |
| Mar 31, 2019 | 18.70 Mn |
| Mar 31, 2019 | 18.70 Mn |
| Dec 31, 2018 | 20.90 Mn |
| Dec 31, 2018 | 20.90 Mn |
| Sep 30, 2018 | 19.60 Mn |
| Sep 30, 2018 | 19.60 Mn |
| Jun 30, 2018 | 18.00 Mn |
| Jun 30, 2018 | 18.00 Mn |
| Mar 31, 2018 | 17.60 Mn |
| Mar 31, 2018 | 17.60 Mn |
| Dec 31, 2017 | 20.20 Mn |
| Dec 31, 2017 | 20.20 Mn |
| Sep 30, 2017 | 13.10 Mn |
| Sep 30, 2017 | 13.10 Mn |
| Jun 30, 2017 | 19.00 Mn |
| Jun 30, 2017 | 19.00 Mn |
| Mar 31, 2017 | 14.30 Mn |
| Mar 31, 2017 | 14.30 Mn |
| Dec 31, 2016 | 15.30 Mn |
| Dec 31, 2016 | 15.30 Mn |
| Sep 30, 2016 | 18.10 Mn |
| Sep 30, 2016 | 18.10 Mn |
| Jun 30, 2016 | 15.90 Mn |
| Jun 30, 2016 | 15.90 Mn |
| Mar 31, 2016 | 13.50 Mn |
| Mar 31, 2016 | 13.50 Mn |
| Dec 31, 2015 | 17.40 Mn |
| Dec 31, 2015 | 17.40 Mn |
| Sep 30, 2015 | 12.30 Mn |
| Sep 30, 2015 | 12.30 Mn |
| Jun 30, 2015 | 13.20 Mn |
| Jun 30, 2015 | 13.20 Mn |
| Mar 31, 2015 | 14.40 Mn |
| Mar 31, 2015 | 14.40 Mn |
| Dec 31, 2014 | 15.50 Mn |
| Dec 31, 2014 | 15.50 Mn |
| Sep 30, 2014 | 12.00 Mn |
| Sep 30, 2014 | 12.00 Mn |
| Jun 30, 2014 | 10.00 Mn |
| Jun 30, 2014 | 10.00 Mn |
| Mar 31, 2014 | 20.80 Mn |
| Mar 31, 2014 | 20.80 Mn |
| Dec 31, 2013 | 5.65 Mn |
| Dec 31, 2013 | 5.65 Mn |
| Sep 30, 2013 | 9.07 Mn |
| Sep 30, 2013 | 9.07 Mn |
| Jun 30, 2013 | 1.52 Mn |
| Jun 30, 2013 | 1.52 Mn |
| Mar 31, 2013 | 9.12 Mn |
| Mar 31, 2013 | 9.12 Mn |
| Dec 31, 2012 | 7.16 Mn |
| Dec 31, 2012 | 7.16 Mn |
| Sep 30, 2012 | 4.95 Mn |
| Sep 30, 2012 | 4.95 Mn |
| Jun 30, 2012 | 2.11 Mn |
| Jun 30, 2012 | 2.11 Mn |
| Mar 31, 2012 | 8.99 Mn |
| Mar 31, 2012 | 8.99 Mn |
| Dec 31, 2011 | 8.63 Mn |
| Dec 31, 2011 | 8.63 Mn |
| Sep 30, 2011 | 6.27 Mn |
| Sep 30, 2011 | 6.27 Mn |
| Jun 30, 2011 | 3.38 Mn |
| Jun 30, 2011 | 3.38 Mn |
| Mar 31, 2011 | 5.04 Mn |
| Mar 31, 2011 | 5.04 Mn |
| Dec 31, 2010 | 7.07 Mn |
| Dec 31, 2010 | 7.07 Mn |
| Sep 30, 2010 | 3.86 Mn |
| Sep 30, 2010 | 3.86 Mn |
| Jun 30, 2010 | 2.19 Mn |
| Jun 30, 2010 | 2.19 Mn |
| Mar 31, 2010 | 1.65 Mn |
| Mar 31, 2010 | 1.65 Mn |
| Dec 31, 2009 | 2.09 Mn |
| Dec 31, 2009 | 2.09 Mn |
| Sep 30, 2009 | 3.52 Mn |
| Sep 30, 2009 | 3.52 Mn |