Morningstar (MORN) Common Equity (2009 - 2026)
Morningstar's Common Equity came in at $1.03 billion for Q3 2026, down 32.3% from $1.51 billion a year earlier but up 0.2% from the prior quarter.
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Analysis
Morningstar (MORN) Common Equity (2009 - 2026) Analysis & Trends
At the end of FY2025, Morningstar's Common Equity was $1.22 billion, down 24.5% from FY2024.
- Common Equity carries a five-year compound annual growth rate of -0.8% (FY2020 to FY2025).
- Going back by year, Common Equity was $1.62 billion in FY2024 (+21.9%), $1.33 billion in FY2023 (+10.0%), $1.21 billion in FY2022 (-14.7%) and $1.42 billion in FY2021 (+11.4%).
- The five-year range for quarterly Common Equity is $1.02 billion (Q1 2026) to $1.62 billion (Q4 2024).
- Year-over-year, Common Equity has declined for five consecutive quarters, with an average decline of 10.3% over the last eight quarters.
- The fastest year-over-year change in Common Equity over five years came in Q3 2024 (growth of 25.9%), and the weakest in Q1 2026 (a decline of 36.7%).
- Business Quant data shows MORN's Common Equity at $1.02 billion (Q2 2026), $1.02 billion (Q1 2026) and $1.22 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 136.14 Bn | 125.99 Bn | 2.64 Bn | 19.83 Bn |
| 2 | Moodys | 87.37 Bn | 80.29 Bn | 1.50 Bn | 3.41 Bn |
| 3 | Msci | 46.53 Bn | 45.01 Bn | 739.80 Mn | -3.02 Bn |
| 4 | Verisk Analytics | 25.76 Bn | 20.40 Bn | 572.90 Mn | -1.19 Bn |
| 5 | Equifax | 21.57 Bn | 20.84 Bn | 940.10 Mn | 4.49 Bn |
| 6 | TransUnion | 15.42 Bn | 12.11 Bn | - | 5.00 Bn |
| 7 | Factset Research Systems | 11.51 Bn | 10.36 Bn | 308.40 Mn | 2.00 Bn |
| 8 | Morningstar | 9.02 Bn | 6.91 Bn | 431.40 Mn | 1.03 Bn |
| 9 | Mastercard | 571.76 Bn | 531.85 Bn | - | 6.75 Bn |
| 10 | Cme | 109.34 Bn | 97.67 Bn | - | 26.56 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.03 Bn |
| Jun 30, 2026 | 1.02 Bn |
| Mar 31, 2026 | 1.02 Bn |
| Dec 31, 2025 | 1.22 Bn |
| Sep 30, 2025 | 1.51 Bn |
| Jun 30, 2025 | 1.61 Bn |
| Mar 31, 2025 | 1.61 Bn |
| Dec 31, 2024 | 1.62 Bn |
| Sep 30, 2024 | 1.57 Bn |
| Jun 30, 2024 | 1.43 Bn |
| Mar 31, 2024 | 1.38 Bn |
| Dec 31, 2023 | 1.33 Bn |
| Sep 30, 2023 | 1.24 Bn |
| Jun 30, 2023 | 1.24 Bn |
| Mar 31, 2023 | 1.20 Bn |
| Dec 31, 2022 | 1.21 Bn |
| Sep 30, 2022 | 1.18 Bn |
| Jun 30, 2022 | 1.24 Bn |
| Mar 31, 2022 | 1.35 Bn |
| Dec 31, 2021 | 1.42 Bn |
API Access
Morningstar Common Equity 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=common-equity&ticker=MORN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "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=common-equity&ticker=MORN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();