Morningstar (MORN) Deferred Taxes (2009 - 2026)
Morningstar's Deferred Taxes was $3.8 million in Q2 2026, down 44.9% from $6.9 million a year earlier and down 70.1% from the prior quarter.
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Analysis
Morningstar (MORN) Deferred Taxes (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Morningstar's Deferred Taxes was $44.9 million through Jun 30, 2026, up 29.4% year-over-year; for FY2025, it was $42.2 million, up 21.3% from FY2024.
- Deferred Taxes shows a five-year compound annual growth rate of 44.5% (FY2020 to FY2025).
- In earlier years, Deferred Taxes was $34.8 million in FY2024 (+7.4%), $32.4 million in FY2023 (-13.1%), $37.3 million in FY2022 (+208.3%) and $12.1 million in FY2021 (+80.6%).
- Quarterly Deferred Taxes has moved between -$2 million (Q1 2023) and $21.8 million (Q4 2023) over five years.
- Compared with a year earlier, Deferred Taxes was higher in four of the last eight quarters, with growth averaging 25.7%.
- The best year-over-year quarter for Deferred Taxes over five years was Q2 2022 (growth of 343.5%); the worst was Q3 2023 (a decline of 64.2%).
- Per Business Quant data, MORN's Deferred Taxes in the three quarters before Q2 2026 was $12.7 million (Q1 2026), $12.2 million (Q4 2025) and $16.2 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 130.59 Bn | 121.17 Bn | 2.98 Bn | -64.00 Mn |
| 2 | Moodys | 83.14 Bn | 75.43 Bn | 1.67 Bn | -51.00 Mn |
| 3 | Msci | 43.35 Bn | 41.83 Bn | 739.80 Mn | 500,000.00 |
| 4 | Verisk Analytics | 25.09 Bn | 19.73 Bn | 572.90 Mn | 5.70 Mn |
| 5 | Equifax | 20.28 Bn | 19.55 Bn | 940.10 Mn | 35.50 Mn |
| 6 | TransUnion | 14.96 Bn | 11.78 Bn | - | -5.30 Mn |
| 7 | Factset Research Systems | 11.61 Bn | 10.47 Bn | 308.40 Mn | -35.09 Mn |
| 8 | Morningstar | 8.01 Bn | 5.91 Bn | 423.90 Mn | -3.80 Mn |
| 9 | Mastercard | 547.54 Bn | 507.47 Bn | - | -83.00 Mn |
| 10 | Cme | 106.74 Bn | 94.84 Bn | - | 5.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -3.80 Mn |
| Mar 31, 2026 | -12.70 Mn |
| Dec 31, 2025 | -12.20 Mn |
| Sep 30, 2025 | -16.20 Mn |
| Jun 30, 2025 | -6.90 Mn |
| Mar 31, 2025 | -6.90 Mn |
| Dec 31, 2024 | -13.80 Mn |
| Sep 30, 2024 | -7.10 Mn |
| Jun 30, 2024 | -6.40 Mn |
| Mar 31, 2024 | -7.50 Mn |
| Dec 31, 2023 | -21.80 Mn |
| Sep 30, 2023 | -3.80 Mn |
| Jun 30, 2023 | -8.80 Mn |
| Mar 31, 2023 | 2.00 Mn |
| Dec 31, 2022 | -9.80 Mn |
| Sep 30, 2022 | -10.60 Mn |
| Jun 30, 2022 | -10.20 Mn |
| Mar 31, 2022 | -6.70 Mn |
| Dec 31, 2021 | -3.60 Mn |
| Sep 30, 2021 | -3.70 Mn |
API Access
Morningstar Deferred Taxes 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=deferred-taxes&ticker=MORN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "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=deferred-taxes&ticker=MORN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();