Morningstar (MORN) Leases (2019 - 2026)
Morningstar (MORN) reported Leases of $166.0 million for Q1 2026, down 3.54% year-over-year from $172.1 million in Q1 2025, and up 4.4% on a QoQ basis from $159.0 million in Q4 2025.
Morningstar (MORN) has 8 years of Leases data on file, last reported at $166.0 million in Q1 2026.
- Quarterly Leases fell 3.54% year-over-year to $166.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $166.0 million (down 3.54% YoY) and the FY2025 annual result came in at $159.0 million, down 12.25% from the prior year.
- Leases advanced to $166.0 million in Q1 2026 per MORN's latest filing, from $159.0 million in the prior quarter.
- Across five years, Leases topped out at $191.6 million in Q4 2022 and bottomed at $139.7 million in Q2 2022.
- The 5-year median for Leases is $164.4 million (2025), against an average of $165.7 million.
- The widest annual swing landed in 2022, when Leases soared 44.81%; it then decreased 15.22% in 2024.
- Tracing MORN's Leases over 5 years: stood at $191.6 million in 2022, then fell by 14.46% to $163.9 million in 2023, then gained by 10.56% to $181.2 million in 2024, then slipped by 12.25% to $159.0 million in 2025, then gained by 4.4% to $166.0 million in 2026.
- Per Business Quant, the three latest MORN Leases figures stand at $166.0 million (Q1 2026), $159.0 million (Q4 2025), and $164.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | 388.00 Mn |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | 198.70 Mn |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | - |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | 278.00 Mn |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | 485.00 Mn |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | 156.23 Mn |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | 146.80 Mn |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 105.10 Mn |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | 73.70 Mn |
| 10 | Morningstar | 7.12 Bn | 6.58 Bn | 405.90 Mn | 166.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 166.00 Mn |
| Dec 31, 2025 | 159.00 Mn |
| Sep 30, 2025 | 164.40 Mn |
| Jun 30, 2025 | 164.50 Mn |
| Mar 31, 2025 | 172.10 Mn |
| Dec 31, 2024 | 181.20 Mn |
| Sep 30, 2024 | 157.50 Mn |
| Jun 30, 2024 | 148.10 Mn |
| Mar 31, 2024 | 156.50 Mn |
| Dec 31, 2023 | 163.90 Mn |
| Sep 30, 2023 | 163.40 Mn |
| Jun 30, 2023 | 173.60 Mn |
| Mar 31, 2023 | 184.60 Mn |
| Dec 31, 2022 | 191.60 Mn |
| Sep 30, 2022 | 185.50 Mn |
| Jun 30, 2022 | 139.70 Mn |
| Mar 31, 2022 | 145.40 Mn |
| Dec 31, 2021 | 149.20 Mn |
| Sep 30, 2021 | 128.10 Mn |
| Jun 30, 2021 | 136.90 Mn |
| Mar 31, 2021 | 138.90 Mn |
| Dec 31, 2020 | 147.70 Mn |
| Sep 30, 2020 | 152.40 Mn |
| Jun 30, 2020 | 153.40 Mn |
| Mar 31, 2020 | 147.00 Mn |
| Dec 31, 2019 | 144.80 Mn |
| Sep 30, 2019 | 138.20 Mn |
| Jun 30, 2019 | 111.80 Mn |
| Mar 31, 2019 | 118.80 Mn |