Morningstar (MORN) Enterprise Value (2009 - 2026)
Morningstar (MORN) reported Enterprise Value of -$532.2 million for Q1 2026, up 4.83% year-over-year from -$507.7 million in Q1 2025, and down 0.66% on a QoQ basis from -$528.7 million in Q4 2025.
Morningstar (MORN) has 18 years of Enterprise Value data on file, last reported at -$532.2 million in Q1 2026.
- Quarterly Enterprise Value rose 4.83% year-over-year to -$532.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$532.2 million (up 4.83% YoY) and the FY2025 annual result came in at -$528.7 million, up 4.05% from the prior year.
- Enterprise Value slipped to -$532.2 million in Q1 2026 per MORN's latest filing, from -$528.7 million in the prior quarter.
- Across five years, Enterprise Value topped out at -$363.7 million in Q3 2023 and bottomed at -$601.7 million in Q3 2024.
- The 5-year median for Enterprise Value is -$439.2 million (2024), against an average of -$469.2 million.
- The widest annual swing landed in 2023, when Enterprise Value gained 29.27%; it then slumped 65.44% in 2024.
- Tracing MORN's Enterprise Value over 5 years: stood at -$414.6 million in 2022, then increased by 6.17% to -$389.0 million in 2023, then plunged by 41.65% to -$551.0 million in 2024, then climbed by 4.05% to -$528.7 million in 2025, then fell by 0.66% to -$532.2 million in 2026.
- Per Business Quant, the three latest MORN Enterprise Value figures stand at -$532.2 million (Q1 2026), -$528.7 million (Q4 2025), and -$514.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | 3.11 Bn |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | -2.52 Bn |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | -1.46 Bn |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | -1.36 Bn |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | -678.00 Mn |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | -527.79 Mn |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | -385.30 Mn |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | -2.17 Bn |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | -571.40 Mn |
| 10 | Morningstar | 7.12 Bn | 6.58 Bn | 405.90 Mn | -532.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -532.20 Mn |
| Dec 31, 2025 | -528.70 Mn |
| Sep 30, 2025 | -514.50 Mn |
| Jun 30, 2025 | -541.60 Mn |
| Mar 31, 2025 | -559.20 Mn |
| Dec 31, 2024 | -551.00 Mn |
| Sep 30, 2024 | -601.70 Mn |
| Jun 30, 2024 | -439.20 Mn |
| Mar 31, 2024 | -409.10 Mn |
| Dec 31, 2023 | -389.00 Mn |
| Sep 30, 2023 | -363.70 Mn |
| Jun 30, 2023 | -378.20 Mn |
| Mar 31, 2023 | -385.40 Mn |
| Dec 31, 2022 | -414.60 Mn |
| Sep 30, 2022 | -407.10 Mn |
| Jun 30, 2022 | -416.80 Mn |
| Mar 31, 2022 | -544.90 Mn |
| Dec 31, 2021 | -546.10 Mn |
| Sep 30, 2021 | -487.30 Mn |
| Jun 30, 2021 | -449.00 Mn |
| Mar 31, 2021 | -433.70 Mn |
| Dec 31, 2020 | -464.20 Mn |
| Sep 30, 2020 | -377.80 Mn |
| Jun 30, 2020 | -383.20 Mn |
| Mar 31, 2020 | -348.80 Mn |
| Dec 31, 2019 | -367.50 Mn |
| Sep 30, 2019 | -352.80 Mn |
| Jun 30, 2019 | -413.90 Mn |
| Mar 31, 2019 | -378.60 Mn |
| Dec 31, 2018 | -395.90 Mn |
| Sep 30, 2018 | -366.70 Mn |
| Jun 30, 2018 | -351.90 Mn |
| Mar 31, 2018 | -355.40 Mn |
| Dec 31, 2017 | -353.30 Mn |
| Sep 30, 2017 | -324.00 Mn |
| Jun 30, 2017 | -339.60 Mn |
| Mar 31, 2017 | -317.20 Mn |
| Dec 31, 2016 | -303.70 Mn |
| Sep 30, 2016 | -264.80 Mn |
| Jun 30, 2016 | -245.90 Mn |
| Mar 31, 2016 | -226.40 Mn |
| Dec 31, 2015 | -248.30 Mn |
| Sep 30, 2015 | -262.70 Mn |
| Jun 30, 2015 | -257.50 Mn |
| Mar 31, 2015 | -242.20 Mn |
| Dec 31, 2014 | -223.70 Mn |
| Sep 30, 2014 | -226.86 Mn |
| Jun 30, 2014 | -219.98 Mn |
| Mar 31, 2014 | -262.91 Mn |
| Dec 31, 2013 | -297.57 Mn |
| Sep 30, 2013 | -341.75 Mn |
| Jun 30, 2013 | -313.61 Mn |
| Mar 31, 2013 | -327.09 Mn |
| Dec 31, 2012 | -320.05 Mn |
| Sep 30, 2012 | -341.51 Mn |
| Jun 30, 2012 | -388.29 Mn |
| Mar 31, 2012 | -442.11 Mn |
| Dec 31, 2011 | -468.55 Mn |
| Sep 30, 2011 | -431.96 Mn |
| Jun 30, 2011 | -429.23 Mn |
| Mar 31, 2011 | -384.26 Mn |
| Dec 31, 2010 | -364.31 Mn |
| Sep 30, 2010 | -338.34 Mn |
| Jun 30, 2010 | -319.38 Mn |
| Mar 31, 2010 | -185.35 Mn |
| Dec 31, 2009 | -341.38 Mn |
| Sep 30, 2009 | -189.40 Mn |
| Jun 30, 2009 | -187.10 Mn |