Morningstar (MORN) Capital Expenditures (2009 - 2026)
Morningstar's (MORN) quarterly Capital Expenditures came in at $33.2 million in Q2 2026, down 9.29% year-over-year from $36.6 million in Q2 2025, and down 12.4% quarter-over-quarter from $37.9 million in Q1 2026.
Analysis
Morningstar (MORN) Capital Expenditures (2009 - 2026) Analysis & Trends
Morningstar (MORN) has reported Capital Expenditures for 18 consecutive years, with $33.2 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Capital Expenditures fell 9.29% year-over-year to $33.2 million in Q2 2026; TTM through Jun 2026 was $149.4 million, a 2.68% increase from a year earlier, with the FY2025 full-year figure at $147.1 million, up 3.08% from the prior year.
- Capital Expenditures was $33.2 million for Q2 2026 at Morningstar, down from $37.9 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 $33.4 million in 2022 frame the typical range for Capital Expenditures.
- Across the five-year window, Capital Expenditures soared 69.52% in 2022 and slipped 16.9% in 2023, its largest moves.
- Over 5 years, Capital Expenditures stood at $36.1 million in 2022, then retreated by 16.9% to $30.0 million in 2023, then surged by 35.33% to $40.6 million in 2024, then gained by 5.17% to $42.7 million in 2025, then declined by 22.25% to $33.2 million in 2026.
- The last three Capital Expenditures figures came in at $33.2 million (Q2 2026), $37.9 million (Q1 2026), and $42.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 121.38 Bn | 117.24 Bn | 2.98 Bn | 38.00 Mn |
| 2 | Moodys | 82.63 Bn | 81.13 Bn | 1.67 Bn | 91.00 Mn |
| 3 | Msci | 40.41 Bn | 40.05 Bn | 717.10 Mn | 33.40 Mn |
| 4 | Verisk Analytics | 23.07 Bn | 22.51 Bn | 572.90 Mn | 68.10 Mn |
| 5 | Factset Research Systems | 9.39 Bn | 9.08 Bn | 310.73 Mn | 30.48 Mn |
| 6 | Morningstar | 7.23 Bn | 6.71 Bn | 423.90 Mn | 33.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.20 Mn |
| Mar 31, 2026 | 37.90 Mn |
| Dec 31, 2025 | 42.70 Mn |
| Sep 30, 2025 | 35.60 Mn |
| Jun 30, 2025 | 36.60 Mn |
| Mar 31, 2025 | 32.20 Mn |
| Dec 31, 2024 | 40.60 Mn |
| Sep 30, 2024 | 36.10 Mn |
| Jun 30, 2024 | 31.90 Mn |
| Mar 31, 2024 | 34.10 Mn |
| Dec 31, 2023 | 30.00 Mn |
| Sep 30, 2023 | 29.30 Mn |
| Jun 30, 2023 | 30.30 Mn |
| Mar 31, 2023 | 29.50 Mn |
| Dec 31, 2022 | 36.10 Mn |
| Sep 30, 2022 | 33.70 Mn |
| Jun 30, 2022 | 31.70 Mn |
| Mar 31, 2022 | 28.00 Mn |
| Dec 31, 2021 | 30.20 Mn |
| Sep 30, 2021 | 30.20 Mn |