Morningstar (MORN) Research & Development (2009 - 2013)
Morningstar (MORN) reported Research & Development of $14.15 million for Q2 2013, up 13.8% from $12.44 million a year earlier and up 3.8% from the prior quarter.
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Analysis
Morningstar (MORN) Research & Development (2009 - 2013) Analysis & Trends
Over the twelve months ended Jun 30, 2013, Morningstar's Research & Development came in at $53.42 million, up 0.2% year-over-year; for FY2012, it came in at $51.44 million, down 3.2% from FY2011.
- Research & Development has a three-year compound annual growth rate of 10.3% (FY2009 to FY2012).
- By year, Research & Development came in at $53.16 million in FY2011 (+7.9%), $49.24 million in FY2010 (+28.3%) and $38.38 million in FY2009.
- The Q2 2013 figure ranks as the highest quarterly Research & Development in data going back to Q2 2009.
- Year over year, Research & Development gained in five of the last eight quarters, with growth averaging 1.6%.
- The high point for year-over-year Research & Development in five years was Q4 2010 (growth of 34.9%); the low point was Q2 2012 (a decline of 9.1%).
- Per Business Quant data, the three quarters before Q2 2013 came in at $13.64 million (Q1 2013), $12.77 million (Q4 2012) and $12.86 million (Q3 2012).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 136.14 Bn | 125.99 Bn | 2.64 Bn | - |
| 2 | Moodys | 87.37 Bn | 80.29 Bn | 1.50 Bn | - |
| 3 | Msci | 46.53 Bn | 45.01 Bn | 739.80 Mn | 47.60 Mn |
| 4 | Verisk Analytics | 25.76 Bn | 20.40 Bn | 572.90 Mn | - |
| 5 | Equifax | 21.57 Bn | 20.84 Bn | 940.10 Mn | - |
| 6 | TransUnion | 15.42 Bn | 12.11 Bn | - | - |
| 7 | Factset Research Systems | 11.51 Bn | 10.36 Bn | 308.40 Mn | - |
| 8 | Morningstar | 9.02 Bn | 6.91 Bn | 431.40 Mn | - |
| 9 | Mastercard | 571.76 Bn | 531.85 Bn | - | - |
| 10 | Cme | 109.34 Bn | 97.67 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
API Access
Morningstar Research & Development 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=research-and-development&ticker=MORN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=MORN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();