Morningstar (MORN) Prepaid Assets (2009 - 2026)
Morningstar's Prepaid Assets was $51.7 million in Q3 2026, up 23.7% from $41.8 million a year earlier but down 9.5% from the prior quarter.
Powered by 
Analysis
Morningstar (MORN) Prepaid Assets (2009 - 2026) Analysis & Trends
At the end of FY2025, Prepaid Assets at Morningstar came in at $42.5 million, up 1.0% from FY2024.
- Prepaid Assets shows a five-year compound annual growth rate of 6.0% (FY2020 to FY2025).
- In earlier years, Prepaid Assets was $42.1 million in FY2024 (+20.6%), $34.9 million in FY2023 (-4.9%), $36.7 million in FY2022 (+19.9%) and $30.6 million in FY2021 (-3.5%).
- Quarterly Prepaid Assets has moved between $30.6 million (Q4 2021) and $57.1 million (Q2 2026) over five years.
- Compared with a year earlier, Prepaid Assets has increased for four straight quarters, with growth averaging 10.2% over the last eight quarters.
- The best year-over-year quarter for Prepaid Assets over five years was Q3 2022 (growth of 26.9%); the worst was Q3 2025 (a decline of 5.0%).
- Per Business Quant data, MORN's Prepaid Assets in the three quarters before Q3 2026 was $57.1 million (Q2 2026), $57.1 million (Q1 2026) and $42.5 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Msci | 235.55 Bn | 234.03 Bn | 739.80 Mn |
| 2 | S&P Global | 137.22 Bn | 132.42 Bn | 2.64 Bn |
| 3 | Moodys | 88.04 Bn | 81.11 Bn | 1.50 Bn |
| 4 | Verisk Analytics | 26.17 Bn | 22.36 Bn | 567.00 Mn |
| 5 | Equifax | 22.05 Bn | 21.44 Bn | 940.10 Mn |
| 6 | TransUnion | 15.64 Bn | 12.48 Bn | - |
| 7 | Factset Research Systems | 11.49 Bn | 10.35 Bn | 308.40 Mn |
| 8 | Morningstar | 9.15 Bn | 7.04 Bn | 431.40 Mn |
| 9 | Mastercard | 570.55 Bn | 530.63 Bn | - |
| 10 | Cme | 110.48 Bn | 98.81 Bn | 359.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 51.70 Mn |
| Jun 30, 2026 | 57.10 Mn |
| Mar 31, 2026 | 57.10 Mn |
| Dec 31, 2025 | 42.50 Mn |
| Sep 30, 2025 | 41.80 Mn |
| Jun 30, 2025 | 49.30 Mn |
| Mar 31, 2025 | 53.50 Mn |
| Dec 31, 2024 | 42.10 Mn |
| Sep 30, 2024 | 44.00 Mn |
| Jun 30, 2024 | 45.30 Mn |
| Mar 31, 2024 | 48.60 Mn |
| Dec 31, 2023 | 34.90 Mn |
| Sep 30, 2023 | 41.30 Mn |
| Jun 30, 2023 | 45.80 Mn |
| Mar 31, 2023 | 48.30 Mn |
| Dec 31, 2022 | 36.70 Mn |
| Sep 30, 2022 | 39.60 Mn |
| Jun 30, 2022 | 43.20 Mn |
| Mar 31, 2022 | 44.40 Mn |
| Dec 31, 2021 | 30.60 Mn |
API Access
Morningstar Prepaid Assets 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=prepaid-assets&ticker=MORN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "prepaid-assets", "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=prepaid-assets&ticker=MORN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();