Growth Metrics

Morningstar (MORN) Depreciation Expense (2024 - 2026)

Morningstar (MORN) reported Depreciation Expense of $32.6 million for Q1 2026, down 0.61% year-over-year from $32.8 million in Q1 2025, and up 1.56% on a QoQ basis from $32.1 million in Q4 2025.

Morningstar (MORN) has 3 years of Depreciation Expense data on file, last reported at $32.6 million in Q1 2026.

  • Quarterly Depreciation Expense fell 0.61% year-over-year to $32.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $129.8 million (up 0.62% YoY) and the FY2025 annual result came in at $130.0 million, up 3.67% from the prior year.
  • Depreciation Expense rose to $32.6 million in Q1 2026 per MORN's latest filing, from $32.1 million in the prior quarter.
  • Across five years, Depreciation Expense topped out at $33.8 million in Q4 2024 and bottomed at $29.2 million in Q1 2024.
  • The 3-year median for Depreciation Expense is $32.1 million (2025), against an average of $32.0 million.
  • Peak annual rise in Depreciation Expense reached 12.33% in 2025, while the deepest fall reached 5.03% in 2025.
  • Tracing MORN's Depreciation Expense over 3 years: stood at $33.8 million in 2024, then retreated by 5.03% to $32.1 million in 2025, then grew by 1.56% to $32.6 million in 2026.
  • Per Business Quant, the three latest MORN Depreciation Expense figures stand at $32.6 million (Q1 2026), $32.1 million (Q4 2025), and $31.9 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Depreciation (Qtr)
1 S&P Global 126.06 Bn 129.16 Bn 2.94 Bn 31.00 Mn
2 Cme 98.29 Bn 98.29 Bn 1.83 Bn 27.20 Mn
3 Intercontinental Exchange 83.83 Bn 82.37 Bn - -
4 Moodys 80.13 Bn 78.77 Bn 1.55 Bn -
5 Nasdaq 52.44 Bn 51.76 Bn 1.41 Bn -
6 Coinbase Global 50.05 Bn 49.52 Bn 1.33 Bn -
7 Msci 46.28 Bn 45.89 Bn 765.10 Mn 5.90 Mn
8 Cboe Global Markets 34.92 Bn 32.75 Bn 728.90 Mn 10.50 Mn
9 TransUnion 13.79 Bn 13.22 Bn 726.20 Mn -
10 Morningstar 7.12 Bn 6.58 Bn 405.90 Mn 32.60 Mn

Historic Data

Download Data 🔒
DateValue
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