Growth Metrics

Morningstar (MORN) Research & Development (2009 - 2013)

Morningstar (MORN) reported Research & Development of $14.2 million for Q2 2013, up 13.76% year-over-year from $12.4 million in Q2 2012, and up 3.77% on a QoQ basis from $13.6 million in Q1 2013.

Morningstar (MORN) has 5 years of Research & Development data on file, last reported at $14.2 million in Q2 2013.

  • Quarterly Research & Development rose 13.76% year-over-year to $14.2 million in Q2 2013, while the trailing twelve-month figure through Jun 2013 was $53.4 million (changed 0.24% YoY) and the FY2012 annual result came in at $51.4 million, down 3.24% from the prior year.
  • Research & Development rose to $14.2 million in Q2 2013 per MORN's latest filing, from $13.6 million in the prior quarter.
  • Across five years, Research & Development topped out at $14.2 million in Q2 2013 and bottomed at $9.4 million in Q2 2009.
  • The 5-year median for Research & Development is $12.8 million (2012), against an average of $12.4 million.
  • The widest annual swing landed in 2010, when Research & Development jumped 34.93%; it then retreated 9.06% in 2012.
  • Tracing MORN's Research & Development over 5 years: stood at $10.2 million in 2009, then surged by 34.93% to $13.8 million in 2010, then gained by 1.84% to $14.0 million in 2011, then slipped by 8.81% to $12.8 million in 2012, then increased by 10.82% to $14.2 million in 2013.
  • Per Business Quant, the three latest MORN Research & Development figures stand at $14.2 million (Q2 2013), $13.6 million (Q1 2013), and $12.8 million (Q4 2012).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 S&P Global 126.06 Bn 129.16 Bn 2.94 Bn -
2 Cme 98.29 Bn 98.29 Bn 1.83 Bn 76.60 Mn
3 Intercontinental Exchange 83.83 Bn 82.37 Bn - 238.00 Mn
4 Moodys 80.13 Bn 78.77 Bn 1.55 Bn -
5 Nasdaq 52.44 Bn 51.76 Bn 1.41 Bn 84.00 Mn
6 Coinbase Global 50.05 Bn 49.52 Bn 1.33 Bn 195.86 Mn
7 Msci 46.28 Bn 45.89 Bn 765.10 Mn 49.60 Mn
8 Cboe Global Markets 34.92 Bn 32.75 Bn 728.90 Mn 27.60 Mn
9 TransUnion 13.79 Bn 13.22 Bn 726.20 Mn -
10 Morningstar 7.12 Bn 6.58 Bn 405.90 Mn -

Historic Data

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DateValue
Jun 30, 2013 14.15 Mn
Mar 31, 2013 13.64 Mn
Dec 31, 2012 12.77 Mn
Sep 30, 2012 12.86 Mn
Jun 30, 2012 12.44 Mn
Mar 31, 2012 13.37 Mn
Dec 31, 2011 14.01 Mn
Sep 30, 2011 13.48 Mn
Jun 30, 2011 13.68 Mn
Mar 31, 2011 11.99 Mn
Dec 31, 2010 13.75 Mn
Sep 30, 2010 12.70 Mn
Jun 30, 2010 11.90 Mn
Mar 31, 2010 10.89 Mn
Dec 31, 2009 10.19 Mn
Sep 30, 2009 9.45 Mn
Jun 30, 2009 9.44 Mn