Morningstar (MORN) Operating Leases (2019 - 2026)

Morningstar (MORN) has 8 years of Operating Leases data on file, last reported at $151.0 million in Q1 2026.

• Operating Leases for Q1 2026 came in at $151.0 million, down 24.27% year-over-year; the trailing twelve-month figure through Mar 2026 was $151.0 million (down 24.27% YoY), and the FY2025 annual result was $146.7 million, down 13.86% from the prior year.
• Operating Leases grew to $151.0 million in Q1 2026 per MORN's latest filing, from $146.7 million in the prior quarter.
• Over five years, Operating Leases peaked at $206.4 million in Q1 2023 and troughed at $129.1 million in Q1 2022.
• A 5-year average of $169.0 million and a median of $168.6 million in 2024 frame the typical range for Operating Leases.
• The sharpest annual moves came in 2023 and 2026: Operating Leases surged 59.88% in 2023, then slipped 24.27% in 2026.
• A 5-year view of Operating Leases shows it stood at $176.7 million in 2022, then retreated by 14.32% to $151.4 million in 2023, then rose by 12.48% to $170.3 million in 2024, then dropped by 13.86% to $146.7 million in 2025, then increased by 2.93% to $151.0 million in 2026.
• Business Quant data shows MORN's Operating Leases at $151.0 million in Q1 2026, $146.7 million in Q4 2025, and $153.8 million in Q3 2025.