Morningstar (MORN) Operating Leases (2019 - 2026)
Morningstar's (MORN) quarterly Operating Leases came in at $151.0 million in Q1 2026, down 24.27% year-on-year from $199.4 million in Q1 2025, and up 2.93% on a QoQ basis from $146.7 million in Q4 2025.
Morningstar (MORN) Operating Leases (2019 - 2026) Analysis & Trends
Morningstar (MORN) has 8 years of Operating Leases data on file, last reported at $151.0 million in Q1 2026.
- On a quarterly basis, Operating Leases fell 24.27% year-over-year to $151.0 million in Q1 2026; TTM through Mar 2026 was $151.0 million, a 24.27% decrease from a year earlier, with the FY2025 full-year figure at $146.7 million, down 13.86% from the prior year.
- Operating Leases for Q1 2026 stood at $151.0 million, up from $146.7 million in the prior quarter.
- Over the last five years, Operating Leases for MORN reached as high as $206.4 million in Q1 2023 and fell as low as $129.1 million in Q1 2022.
- Historically, Operating Leases has averaged $168.8 million across 5 years, with a median of $168.6 million in 2024.
- On a YoY basis, Operating Leases climbed as much as 59.88% in 2023 and fell as far as 25.5% in 2023.
- Year by year, Operating Leases stood at $176.7 million in 2022, then dropped by 14.32% to $151.4 million in 2023, then climbed by 12.48% to $170.3 million in 2024, then retreated by 13.86% to $146.7 million in 2025, then advanced by 2.93% to $151.0 million in 2026.
- Per Business Quant data, the three most recent Operating Leases figures were $151.0 million in Q1 2026, $146.7 million in Q4 2025, and $193.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | S&P Global | 123.54 Bn | 121.73 Bn | 2.94 Bn |
| 2 | Cme | 93.95 Bn | 93.95 Bn | 1.65 Bn |
| 3 | Intercontinental Exchange | 86.02 Bn | 84.27 Bn | - |
| 4 | Moodys | 83.68 Bn | 82.18 Bn | 1.67 Bn |
| 5 | Nasdaq | 53.85 Bn | 53.14 Bn | 1.50 Bn |
| 6 | Coinbase Global | 43.36 Bn | 32.93 Bn | 1.33 Bn |
| 7 | Msci | 41.57 Bn | 41.22 Bn | 717.10 Mn |
| 8 | Cboe Global Markets | 30.85 Bn | 28.68 Bn | 728.90 Mn |
| 9 | TransUnion | 16.17 Bn | 15.44 Bn | 726.20 Mn |
| 10 | Morningstar | 7.43 Bn | 6.90 Bn | 405.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 151.00 Mn |
| Dec 31, 2025 | 146.70 Mn |
| Sep 30, 2025 | 193.70 Mn |
| Jun 30, 2025 | 155.90 Mn |
| Mar 31, 2025 | 199.40 Mn |
| Dec 31, 2024 | 170.30 Mn |
| Sep 30, 2024 | 177.90 Mn |
| Jun 30, 2024 | 168.60 Mn |
| Mar 31, 2024 | 178.50 Mn |
| Dec 31, 2023 | 151.40 Mn |
| Sep 30, 2023 | 148.70 Mn |
| Jun 30, 2023 | 160.30 Mn |
| Mar 31, 2023 | 206.40 Mn |
| Dec 31, 2022 | 176.70 Mn |
| Sep 30, 2022 | 199.60 Mn |
| Jun 30, 2022 | 156.00 Mn |
| Mar 31, 2022 | 129.10 Mn |
| Dec 31, 2021 | 135.70 Mn |
| Sep 30, 2021 | 152.90 Mn |
| Jun 30, 2021 | 128.20 Mn |