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
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