Growth Metrics

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 🔒
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
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