Morningstar (MORN) Common Equity (2009 - 2026)
Morningstar's Common Equity came in at $1.02 billion for Q2 2026, down 36.6% from $1.61 billion a year earlier but up 0.5% 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 four consecutive quarters, with an average decline of 3.0% 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 (Q1 2026), $1.22 billion (Q4 2025) and $1.51 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 115.73 Bn | 111.34 Bn | 2.98 Bn | 31.62 Bn |
| 2 | Moodys | 78.77 Bn | 71.20 Bn | 1.67 Bn | 3.17 Bn |
| 3 | Msci | 39.23 Bn | 37.58 Bn | 717.10 Mn | -2.69 Bn |
| 4 | Verisk Analytics | 21.59 Bn | 16.23 Bn | 572.90 Mn | -1.19 Bn |
| 5 | Equifax | 16.56 Bn | 15.96 Bn | 926.40 Mn | 4.40 Bn |
| 6 | TransUnion | 12.32 Bn | 9.30 Bn | - | 5.00 Bn |
| 7 | Factset Research Systems | 9.30 Bn | 8.06 Bn | 310.73 Mn | 2.03 Bn |
| 8 | Morningstar | 6.99 Bn | 4.89 Bn | 423.90 Mn | 1.02 Bn |
| 9 | Mastercard | 490.78 Bn | 450.70 Bn | - | 5.61 Bn |
| 10 | Cme | 94.57 Bn | 94.57 Bn | - | 26.52 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 1.39 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();