Morningstar (MORN) Pension (2009 - 2026)
Morningstar's Pension was $20.2 million in Q2 2026, down 6.9% from $21.7 million a year earlier and down 0.5% from the prior quarter.
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Analysis
Morningstar (MORN) Pension (2009 - 2026) Analysis & Trends
At the end of FY2025, Pension at Morningstar came in at $20.1 million, down 4.3% from FY2024.
- Pension shows a five-year compound annual growth rate of -10.6% (FY2020 to FY2025).
- In earlier years, Pension was $21 million in FY2024 (-11.4%), $23.7 million in FY2023 (+14.5%), $20.7 million in FY2022 (+27.0%) and $16.3 million in FY2021 (-53.6%).
- Quarterly Pension has moved between $15 million (Q3 2021) and $23.7 million (Q4 2023) over five years.
- Compared with a year earlier, Pension has declined for eight straight quarters, with an average decline of 7.1% over the last eight quarters.
- The best year-over-year quarter for Pension over five years was Q2 2022 (growth of 28.8%); the worst was Q3 2021 (a decline of 55.2%).
- Per Business Quant data, MORN's Pension in the three quarters before Q2 2026 was $20.3 million (Q1 2026), $20.1 million (Q4 2025) and $20 million (Q3 2025).
Peer Set
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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.20 Mn |
| Mar 31, 2026 | 20.30 Mn |
| Dec 31, 2025 | 20.10 Mn |
| Sep 30, 2025 | 20.00 Mn |
| Jun 30, 2025 | 21.70 Mn |
| Mar 31, 2025 | 22.60 Mn |
| Dec 31, 2024 | 21.00 Mn |
| Sep 30, 2024 | 21.20 Mn |
| Jun 30, 2024 | 23.40 Mn |
| Mar 31, 2024 | 23.30 Mn |
| Dec 31, 2023 | 23.70 Mn |
| Sep 30, 2023 | 23.00 Mn |
| Jun 30, 2023 | 23.20 Mn |
| Mar 31, 2023 | 20.80 Mn |
| Dec 31, 2022 | 20.70 Mn |
| Sep 30, 2022 | 19.10 Mn |
| Jun 30, 2022 | 18.80 Mn |
| Mar 31, 2022 | 18.00 Mn |
| Dec 31, 2021 | 16.30 Mn |
| Sep 30, 2021 | 15.00 Mn |
API Access
Morningstar Pension 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=pension&ticker=MORN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "pension", "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=pension&ticker=MORN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();