Morningstar (MORN) Depreciation & Amortization - Total (2024 - 2026)
Morningstar (MORN) recorded Depreciation & Amortization - Total of $33.9 million in Q3 2026, up 6.3% from $31.9 million a year earlier and up 3.7% from the prior quarter.
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Analysis
Morningstar (MORN) Depreciation & Amortization - Total (2024 - 2026) Analysis & Trends
On a TTM basis, Morningstar's Depreciation & Amortization - Total came in at $131.3 million as of Sep 30, 2026, down 0.3% year-over-year; for FY2025, it was $130 million, up 3.7% from FY2024.
- Annual Depreciation & Amortization - Total has increased for five straight years, with a five-year compound annual growth rate of 10.2% (FY2020 to FY2025).
- Across earlier years, Depreciation & Amortization - Total came in at $125.4 million in FY2024 (+10.8%), $113.2 million in FY2023 (+15.7%), $97.8 million in FY2022 (+12.4%) and $87 million in FY2021 (+8.6%).
- The Q3 2026 figure is the highest quarterly Depreciation & Amortization - Total in data going back to Q1 2024.
- On a year-over-year basis, Depreciation & Amortization - Total rose in four of the last seven quarters, with growth averaging 2.9%.
- Per Business Quant, the preceding three quarters came in at $32.7 million (Q2 2026), $32.6 million (Q1 2026) and $32.1 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Amort. (Tot) (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 136.31 Bn | 126.16 Bn | 2.64 Bn | 29.00 Mn |
| 2 | Moodys | 87.21 Bn | 80.13 Bn | 1.50 Bn | - |
| 3 | Msci | 46.37 Bn | 44.85 Bn | 739.80 Mn | 6.50 Mn |
| 4 | Verisk Analytics | 26.47 Bn | 21.11 Bn | 572.90 Mn | - |
| 5 | Equifax | 22.25 Bn | 21.52 Bn | 940.10 Mn | - |
| 6 | TransUnion | 15.62 Bn | 12.32 Bn | - | - |
| 7 | Factset Research Systems | 11.87 Bn | 10.72 Bn | 308.40 Mn | - |
| 8 | Morningstar | 9.09 Bn | 6.98 Bn | 431.40 Mn | 33.90 Mn |
| 9 | Mastercard | 577.45 Bn | 537.54 Bn | - | - |
| 10 | Cme | 108.51 Bn | 96.85 Bn | - | 27.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 33.90 Mn |
| Jun 30, 2026 | 32.70 Mn |
| Mar 31, 2026 | 32.60 Mn |
| Dec 31, 2025 | 32.10 Mn |
| Sep 30, 2025 | 31.90 Mn |
| Jun 30, 2025 | 33.20 Mn |
| Mar 31, 2025 | 32.80 Mn |
| Dec 31, 2024 | 33.80 Mn |
| Sep 30, 2024 | 30.90 Mn |
| Jun 30, 2024 | 31.50 Mn |
| Mar 31, 2024 | 29.20 Mn |
API Access
Morningstar Depreciation & Amortization - Total 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=depreciation-and-amortization-total&ticker=MORN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-amortization-total", "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=depreciation-and-amortization-total&ticker=MORN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();