Morningstar (MORN) Change in Other Operating Liabilities (2009 - 2026)
Morningstar's Change in Other Operating Liabilities came in at -$25.6 million for Q3 2026, compared with -$29.4 million a year earlier.
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Analysis
Morningstar (MORN) Change in Other Operating Liabilities (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Morningstar reported Change in Other Operating Liabilities of $16 million, down 9.1% year-over-year; for FY2025, it came in at $25.7 million, down 14.6% from FY2024.
- Change in Other Operating Liabilities has declined in each of the last four years, with a five-year compound annual growth rate of -2.7% (FY2020 to FY2025).
- Going back by year, Change in Other Operating Liabilities was $30.1 million in FY2024 (-40.9%), $50.9 million in FY2023 (-15.2%), $60 million in FY2022 (-23.3%) and $78.2 million in FY2021 (+165.1%).
- The five-year range for quarterly Change in Other Operating Liabilities is -$41.8 million (Q2 2026) to $63.7 million (Q1 2026).
- Year-over-year, Change in Other Operating Liabilities increased in two of the last four quarters, with growth averaging 12.2%.
- The fastest year-over-year change in Change in Other Operating Liabilities over five years came in Q4 2021 (growth of 93.8%), and the weakest in Q2 2023 (a decline of 88.2%).
- Business Quant data shows MORN's Change in Other Operating Liabilities at -$41.8 million (Q2 2026), $63.7 million (Q1 2026) and $19.7 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Other Liabilities Change (Qtr) |
|---|---|---|---|---|---|
| 1 | Msci | 235.55 Bn | 234.03 Bn | 739.80 Mn | -110.80 Mn |
| 2 | S&P Global | 137.22 Bn | 132.42 Bn | 2.64 Bn | -181.00 Mn |
| 3 | Moodys | 88.04 Bn | 81.11 Bn | 1.50 Bn | -188.00 Mn |
| 4 | Verisk Analytics | 26.17 Bn | 22.36 Bn | 567.00 Mn | -64.20 Mn |
| 5 | Equifax | 22.05 Bn | 21.44 Bn | 940.10 Mn | - |
| 6 | TransUnion | 15.64 Bn | 12.48 Bn | - | 26.40 Mn |
| 7 | Factset Research Systems | 11.49 Bn | 10.35 Bn | 308.40 Mn | -12.40 Mn |
| 8 | Morningstar | 9.15 Bn | 7.04 Bn | 431.40 Mn | -25.60 Mn |
| 9 | Mastercard | 570.55 Bn | 530.63 Bn | - | -1.01 Bn |
| 10 | Cme | 110.48 Bn | 98.81 Bn | 359.20 Mn | -136.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -25.60 Mn |
| Jun 30, 2026 | -41.80 Mn |
| Mar 31, 2026 | 63.70 Mn |
| Dec 31, 2025 | 19.70 Mn |
| Sep 30, 2025 | -29.40 Mn |
| Jun 30, 2025 | -12.50 Mn |
| Mar 31, 2025 | 47.90 Mn |
| Dec 31, 2024 | 11.60 Mn |
| Sep 30, 2024 | -14.10 Mn |
| Jun 30, 2024 | -17.40 Mn |
| Mar 31, 2024 | 50.00 Mn |
| Dec 31, 2023 | 23.10 Mn |
| Sep 30, 2023 | -16.90 Mn |
| Jun 30, 2023 | 1.30 Mn |
| Mar 31, 2023 | 43.40 Mn |
| Dec 31, 2022 | 20.90 Mn |
| Sep 30, 2022 | -25.70 Mn |
| Jun 30, 2022 | 11.00 Mn |
| Mar 31, 2022 | 53.80 Mn |
| Dec 31, 2021 | 15.50 Mn |
API Access
Morningstar Change in Other Operating Liabilities API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-other-operating-liabilities&ticker=MORN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-other-operating-liabilities", "ticker": "MORN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-other-operating-liabilities&ticker=MORN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();