Morningstar MORN
NASDAQ MORN
$215.90 -1.59 (-0.73%)
As of: Aug 21, 2026 · 3:59 PM EDT

Morningstar (MORN) Operating Leases (2019 - 2026)

Morningstar (MORN) posted quarterly Operating Leases of $191.5 million for Q2 2026, down 1.9% year-over-year from $195.2 million in Q2 2025, and down 1.14% quarter-over-quarter from $193.7 million in Q1 2026.

Morningstar (MORN) Operating Leases (2019 - 2026) Analysis & Trends

Morningstar (MORN) has reported Operating Leases for 8 consecutive years, with $191.5 million the latest figure, recorded in Q2 2026.

  • In Q2 2026, Operating Leases fell 1.9% year-over-year to $191.5 million; the TTM figure through Jun 2026 stood at $191.5 million (down 1.9% YoY), while the FY2025 annual figure was $146.7 million, down 13.86% from the prior year.
  • Operating Leases retreated to $191.5 million in Q2 2026 per MORN's latest filing, from $193.7 million in the prior quarter.
  • Across five years, Operating Leases topped out at $206.4 million in Q1 2023 and bottomed at $146.7 million in Q4 2025.
  • Historically, Operating Leases has averaged $180.7 million across 5 years, with a median of $181.6 million in 2023.
  • Annual changes were most pronounced in 2022 — Operating Leases jumped 30.54% — and 2023, when it declined 14.32%.
  • Morningstar's Operating Leases stood at $176.7 million in 2022, then decreased by 14.32% to $151.4 million in 2023, then gained by 12.48% to $170.3 million in 2024, then declined by 13.86% to $146.7 million in 2025, then surged by 30.54% to $191.5 million in 2026.
  • Business Quant data shows MORN's Operating Leases at $191.5 million in Q2 2026, $193.7 million in Q1 2026, and $146.7 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 S&P Global 127.26 Bn 123.12 Bn 2.98 Bn
2 Cme 99.13 Bn 99.13 Bn 1.65 Bn
3 Intercontinental Exchange 90.95 Bn 88.99 Bn -
4 Moodys 87.63 Bn 86.13 Bn 1.67 Bn
5 Nasdaq 55.45 Bn 54.73 Bn 1.50 Bn
6 Coinbase Global 49.19 Bn 40.40 Bn 1.16 Bn
7 Msci 41.09 Bn 40.73 Bn 717.10 Mn
8 Cboe Global Markets 31.57 Bn 29.18 Bn 731.60 Mn
9 TransUnion 16.37 Bn 15.54 Bn 765.00 Mn
10 Morningstar 8.19 Bn 7.66 Bn 423.90 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 191.50 Mn
Mar 31, 2026 193.70 Mn
Dec 31, 2025 146.70 Mn
Sep 30, 2025 193.70 Mn
Jun 30, 2025 195.20 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 184.70 Mn
Jun 30, 2023 196.60 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 166.50 Mn
Dec 31, 2021 135.70 Mn
Sep 30, 2021 152.90 Mn