Morningstar (MORN) Equity Average (2010 - 2026)
Morningstar (MORN) reported Equity Average of $1.1 billion for Q1 2026, down 30.58% year-over-year from $1.6 billion in Q1 2025, and down 18.1% on a QoQ basis from $1.4 billion in Q4 2025.
Morningstar (MORN) has 17 years of Equity Average data on file, last reported at $1.1 billion in Q1 2026.
- Quarterly Equity Average fell 30.58% year-over-year to $1.1 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.1 billion (down 30.58% YoY) and the FY2025 annual result came in at $1.4 billion, down 3.59% from the prior year.
- Equity Average retreated to $1.1 billion in Q1 2026 per MORN's latest filing, from $1.4 billion in the prior quarter.
- Across five years, Equity Average topped out at $1.6 billion in Q1 2025 and bottomed at $1.1 billion in Q1 2026.
- The 5-year median for Equity Average is $1.4 billion (2024), against an average of $1.4 billion.
- The widest annual swing landed in 2024, when Equity Average advanced 23.81%; it then sank 30.58% in 2026.
- Tracing MORN's Equity Average over 5 years: stood at $1.2 billion in 2022, then climbed by 7.79% to $1.3 billion in 2023, then advanced by 23.81% to $1.6 billion in 2024, then decreased by 14.08% to $1.4 billion in 2025, then dropped by 18.1% to $1.1 billion in 2026.
- Per Business Quant, the three latest MORN Equity Average figures stand at $1.1 billion (Q1 2026), $1.4 billion (Q4 2025), and $1.6 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | 31.20 Bn |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | 27.67 Bn |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | 29.22 Bn |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | 3.67 Bn |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | 12.13 Bn |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | 14.14 Bn |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | -2.71 Bn |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 5.26 Bn |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | 4.65 Bn |
| 10 | Morningstar | 7.12 Bn | 6.58 Bn | 405.90 Mn | 1.12 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.12 Bn |
| Dec 31, 2025 | 1.37 Bn |
| Sep 30, 2025 | 1.56 Bn |
| Jun 30, 2025 | 1.61 Bn |
| Mar 31, 2025 | 1.61 Bn |
| Dec 31, 2024 | 1.59 Bn |
| Sep 30, 2024 | 1.50 Bn |
| Jun 30, 2024 | 1.41 Bn |
| Mar 31, 2024 | 1.36 Bn |
| Dec 31, 2023 | 1.29 Bn |
| Sep 30, 2023 | 1.24 Bn |
| Jun 30, 2023 | 1.22 Bn |
| Mar 31, 2023 | 1.21 Bn |
| Dec 31, 2022 | 1.19 Bn |
| Sep 30, 2022 | 1.21 Bn |
| Jun 30, 2022 | 1.30 Bn |
| Mar 31, 2022 | 1.38 Bn |
| Dec 31, 2021 | 1.40 Bn |
| Sep 30, 2021 | 1.37 Bn |
| Jun 30, 2021 | 1.34 Bn |
| Mar 31, 2021 | 1.30 Bn |
| Dec 31, 2020 | 1.22 Bn |
| Sep 30, 2020 | 1.13 Bn |
| Jun 30, 2020 | 1.06 Bn |
| Mar 31, 2020 | 1.06 Bn |
| Dec 31, 2019 | 1.06 Bn |
| Sep 30, 2019 | 1.02 Bn |
| Jun 30, 2019 | 985.80 Mn |
| Mar 31, 2019 | 951.45 Mn |
| Dec 31, 2018 | 931.15 Mn |
| Sep 30, 2018 | 899.50 Mn |
| Jun 30, 2018 | 864.85 Mn |
| Mar 31, 2018 | 831.60 Mn |
| Dec 31, 2017 | 792.05 Mn |
| Sep 30, 2017 | 759.15 Mn |
| Jun 30, 2017 | 728.75 Mn |
| Mar 31, 2017 | 707.60 Mn |
| Dec 31, 2016 | 679.25 Mn |
| Sep 30, 2016 | 650.40 Mn |
| Jun 30, 2016 | 634.65 Mn |
| Mar 31, 2016 | 635.40 Mn |
| Dec 31, 2015 | 660.35 Mn |
| Sep 30, 2015 | 675.00 Mn |
| Jun 30, 2015 | 665.45 Mn |
| Mar 31, 2015 | 657.70 Mn |
| Dec 31, 2014 | 662.46 Mn |
| Sep 30, 2014 | 669.08 Mn |
| Jun 30, 2014 | 681.67 Mn |
| Mar 31, 2014 | 693.49 Mn |
| Dec 31, 2013 | 724.32 Mn |
| Sep 30, 2013 | 736.72 Mn |
| Jun 30, 2013 | 727.00 Mn |
| Mar 31, 2013 | 732.39 Mn |
| Dec 31, 2012 | 741.03 Mn |
| Sep 30, 2012 | 776.19 Mn |
| Jun 30, 2012 | 830.75 Mn |
| Mar 31, 2012 | 860.64 Mn |
| Dec 31, 2011 | 846.57 Mn |
| Sep 30, 2011 | 845.67 Mn |
| Jun 30, 2011 | 839.48 Mn |
| Mar 31, 2011 | 802.59 Mn |
| Dec 31, 2010 | 768.43 Mn |
| Sep 30, 2010 | 735.75 Mn |