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Morningstar (MORN) Operating Expenses: 2009-2024

Historic Operating Expenses for Morningstar (MORN) over the last 16 years, with Dec 2024 value amounting to $1.9 billion.

  • Morningstar's Operating Expenses rose 7.98% to $490.1 million in Q3 2025 from the same period last year, while for Sep 2025 it was $1.9 billion, marking a year-over-year increase of 6.28%. This contributed to the annual value of $1.9 billion for FY2024, which is 2.56% up from last year.
  • Latest data reveals that Morningstar reported Operating Expenses of $1.9 billion as of FY2024, which was up 2.56% from $1.8 billion recorded in FY2023.
  • Over the past 5 years, Morningstar's Operating Expenses peaked at $1.9 billion during FY2024, and registered a low of $1.2 billion during FY2020.
  • Its 3-year average for Operating Expenses is $1.8 billion, with a median of $1.8 billion in 2023.
  • Data for Morningstar's Operating Expenses shows a peak YoY climbed of 22.82% (in 2021) over the last 5 years.
  • Morningstar's Operating Expenses (Yearly) stood at $1.2 billion in 2020, then climbed by 22.82% to $1.4 billion in 2021, then climbed by 18.06% to $1.7 billion in 2022, then climbed by 6.18% to $1.8 billion in 2023, then climbed by 2.56% to $1.9 billion in 2024.