Morningstar (MORN) Non-Current Deferred Tax Liability (2009 - 2026)
Morningstar's Non-Current Deferred Tax Liability came in at $22.1 million for Q2 2026, down 26.1% from $29.9 million a year earlier but up 2.8% from the prior quarter.
Morningstar (MORN) Non-Current Deferred Tax Liability (2009 - 2026) Analysis & Trends
At the end of FY2025, Morningstar's Non-Current Deferred Tax Liability was $27.2 million, down 1.4% from FY2024.
- Non-Current Deferred Tax Liability has declined in each of the last five years, with a five-year compound annual growth rate of -24.2% (FY2020 to FY2025).
- Going back by year, Non-Current Deferred Tax Liability was $27.6 million in FY2024 (-22.5%), $35.6 million in FY2023 (-43.4%), $62.9 million in FY2022 (-38.2%) and $101.7 million in FY2021 (-6.6%).
- The five-year range for quarterly Non-Current Deferred Tax Liability is $21.5 million (Q1 2026) to $104.7 million (Q3 2021).
- Year-over-year, Non-Current Deferred Tax Liability has declined for 20 consecutive quarters, with an average decline of 17.6% over the last eight quarters.
- The year-over-year decline in Non-Current Deferred Tax Liability has ranged between 1.4% (Q4 2025) and 50.1% (Q1 2024) over the last five years.
- Business Quant data shows MORN's Non-Current Deferred Tax Liability at $21.5 million (Q1 2026), $27.2 million (Q4 2025) and $27.2 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | S&P Global | 116.38 Bn | 111.98 Bn | 2.98 Bn |
| 2 | Moodys | 78.67 Bn | 71.10 Bn | 1.67 Bn |
| 3 | Msci | 39.16 Bn | 37.50 Bn | 717.10 Mn |
| 4 | Verisk Analytics | 21.84 Bn | 16.48 Bn | 572.90 Mn |
| 5 | Equifax | 16.14 Bn | 15.54 Bn | 926.40 Mn |
| 6 | TransUnion | 11.72 Bn | 8.70 Bn | - |
| 7 | Factset Research Systems | 9.66 Bn | 8.43 Bn | 310.73 Mn |
| 8 | Morningstar | 7.13 Bn | 5.03 Bn | 423.90 Mn |
| 9 | Mastercard | 480.27 Bn | 440.19 Bn | - |
| 10 | Cme | 94.12 Bn | 94.12 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.10 Mn |
| Mar 31, 2026 | 21.50 Mn |
| Dec 31, 2025 | 27.20 Mn |
| Sep 30, 2025 | 27.20 Mn |
| Jun 30, 2025 | 29.90 Mn |
| Mar 31, 2025 | 29.80 Mn |
| Dec 31, 2024 | 27.60 Mn |
| Sep 30, 2024 | 29.90 Mn |
| Jun 30, 2024 | 30.40 Mn |
| Mar 31, 2024 | 32.80 Mn |
| Dec 31, 2023 | 35.60 Mn |
| Sep 30, 2023 | 52.30 Mn |
| Jun 30, 2023 | 58.20 Mn |
| Mar 31, 2023 | 65.70 Mn |
| Dec 31, 2022 | 62.90 Mn |
| Sep 30, 2022 | 72.50 Mn |
| Jun 30, 2022 | 86.70 Mn |
| Mar 31, 2022 | 93.70 Mn |
| Dec 31, 2021 | 101.70 Mn |
| Sep 30, 2021 | 104.70 Mn |
Morningstar Non-Current Deferred Tax Liability 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-deferred-tax-liability&ticker=MORN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-deferred-tax-liability", "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-deferred-tax-liability&ticker=MORN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();