Morningstar (MORN) Invested Capital (2009 - 2026)

Morningstar (MORN) has 18 years of Invested Capital data on file, last reported at $2.7 billion in Q1 2026.

• Invested Capital for Q1 2026 came in at $2.7 billion, up 12.45% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.7 billion (up 12.45% YoY), and the FY2025 annual result was $2.3 billion, down 0.98% from the prior year.
• Invested Capital rose to $2.7 billion in Q1 2026 per MORN's latest filing, from $2.3 billion in the prior quarter.
• Over five years, Invested Capital peaked at $2.7 billion in Q1 2026 and troughed at $1.9 billion in Q1 2022.
• A 5-year average of $2.3 billion and a median of $2.3 billion in 2024 frame the typical range for Invested Capital.
• The sharpest annual moves came in 2022 and 2025: Invested Capital jumped 38.5% in 2022, then retreated 2.78% in 2025.
• A 5-year view of Invested Capital shows it stood at $2.3 billion in 2022, then declined by 0.72% to $2.3 billion in 2023, then advanced by 2.16% to $2.3 billion in 2024, then decreased by 0.98% to $2.3 billion in 2025, then gained by 18.25% to $2.7 billion in 2026.
• Business Quant data shows MORN's Invested Capital at $2.7 billion in Q1 2026, $2.3 billion in Q4 2025, and $2.4 billion in Q3 2025.