Morningstar (MORN) Non-Current Assets (2009 - 2026)
Morningstar (MORN) posted Non-Current Assets of $2.89 billion for Q3 2026, up 12.0% from $2.58 billion a year earlier but down 0.8% from the prior quarter.
Morningstar (MORN) Non-Current Assets (2009 - 2026) Analysis & Trends
At the end of FY2025, Morningstar's Non-Current Assets came in at $2.55 billion, up 0.7% from FY2024.
- Annual Non-Current Assets shows a five-year compound annual growth rate of 5.4% (FY2020 to FY2025).
- In prior years, Morningstar's Non-Current Assets was $2.53 billion in FY2024 (-2.0%), $2.59 billion in FY2023 (-2.9%), $2.66 billion in FY2022 (+34.9%) and $1.98 billion in FY2021 (+0.5%).
- Quarterly Non-Current Assets has run from a low of $1.97 billion in Q1 2022 to a high of $2.92 billion in Q1 2026 over five years.
- On a year-over-year basis, Non-Current Assets has increased in each of the last seven quarters, with growth averaging 5.1% over the last eight quarters.
- The strongest year-over-year quarter for Non-Current Assets in the past five years was Q1 2023, with growth of 35.7%; the weakest was Q2 2024, with a decline of 4.6%.
- According to Business Quant data, Non-Current Assets for the three prior quarters was $2.91 billion (Q2 2026), $2.92 billion (Q1 2026) and $2.55 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 136.14 Bn | 125.99 Bn | 2.64 Bn | 41.62 Bn |
| 2 | Moodys | 87.37 Bn | 80.29 Bn | 1.50 Bn | 10.61 Bn |
| 3 | Msci | 46.53 Bn | 45.01 Bn | 739.80 Mn | 4.30 Bn |
| 4 | Verisk Analytics | 25.76 Bn | 20.40 Bn | 572.90 Mn | 3.37 Bn |
| 5 | Equifax | 21.57 Bn | 20.84 Bn | 940.10 Mn | 10.35 Bn |
| 6 | TransUnion | 15.42 Bn | 12.11 Bn | - | 9.89 Bn |
| 7 | Factset Research Systems | 11.51 Bn | 10.36 Bn | 308.40 Mn | 3.49 Bn |
| 8 | Morningstar | 9.02 Bn | 6.91 Bn | 431.40 Mn | 2.89 Bn |
| 9 | Mastercard | 571.76 Bn | 531.85 Bn | - | 33.67 Bn |
| 10 | Cme | 109.34 Bn | 97.67 Bn | - | 32.95 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.89 Bn |
| Jun 30, 2026 | 2.91 Bn |
| Mar 31, 2026 | 2.92 Bn |
| Dec 31, 2025 | 2.55 Bn |
| Sep 30, 2025 | 2.58 Bn |
| Jun 30, 2025 | 2.59 Bn |
| Mar 31, 2025 | 2.57 Bn |
| Dec 31, 2024 | 2.53 Bn |
| Sep 30, 2024 | 2.54 Bn |
| Jun 30, 2024 | 2.53 Bn |
| Mar 31, 2024 | 2.56 Bn |
| Dec 31, 2023 | 2.59 Bn |
| Sep 30, 2023 | 2.59 Bn |
| Jun 30, 2023 | 2.65 Bn |
| Mar 31, 2023 | 2.67 Bn |
| Dec 31, 2022 | 2.66 Bn |
| Sep 30, 2022 | 2.63 Bn |
| Jun 30, 2022 | 2.65 Bn |
| Mar 31, 2022 | 1.97 Bn |
| Dec 31, 2021 | 1.98 Bn |
Morningstar Non-Current Assets 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=non-current-assets&ticker=MORN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-assets", "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=non-current-assets&ticker=MORN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();