Morningstar (MORN) Return on Assets [ROA] (2009 - 2026)
Morningstar's Return on Assets [ROA] was 11.28% in Q3 2026, up 0.82 percentage points from 10.46% a year earlier and up 0.65 percentage points from the prior quarter.
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Analysis
Morningstar (MORN) Return on Assets [ROA] (2009 - 2026) Analysis & Trends
For FY2025, Return on Assets [ROA] at Morningstar came in at 10.48%, down 0.16 percentage points from FY2024.
- Return on Assets [ROA] shows a five-year change of +1.66 percentage points (FY2020 to FY2025).
- In earlier years, Return on Assets [ROA] was 10.64% in FY2024 (+6.54 pp), 4.10% in FY2023 (+1.88 pp), 2.22% in FY2022 (-4.73 pp) and 6.95% in FY2021 (-1.87 pp).
- The Q3 2026 figure marks the highest quarterly Return on Assets [ROA] since Q1 2019.
- Compared with a year earlier, Return on Assets [ROA] was higher in six of the last eight quarters, with an average year-over-year change of +1.99 percentage points.
- The best year-over-year quarter for Return on Assets [ROA] over five years was Q3 2024 (a gain of 7.28 percentage points); the worst was Q1 2023 (a drop of 5.95 percentage points).
- Per Business Quant data, MORN's Return on Assets [ROA] in the three quarters before Q3 2026 was 10.63% (Q2 2026), 10.63% (Q1 2026) and 10.47% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Msci | 235.55 Bn | 234.03 Bn | 739.80 Mn | 24.71% |
| 2 | S&P Global | 137.22 Bn | 132.42 Bn | 2.64 Bn | 9.73% |
| 3 | Moodys | 88.04 Bn | 81.11 Bn | 1.50 Bn | 19.57% |
| 4 | Verisk Analytics | 26.17 Bn | 22.36 Bn | 567.00 Mn | 19.46% |
| 5 | Equifax | 22.05 Bn | 21.44 Bn | 940.10 Mn | 6.26% |
| 6 | TransUnion | 15.64 Bn | 12.48 Bn | - | 6.69% |
| 7 | Factset Research Systems | 11.49 Bn | 10.35 Bn | 308.40 Mn | 12.81% |
| 8 | Morningstar | 9.15 Bn | 7.04 Bn | 431.40 Mn | 11.28% |
| 9 | Mastercard | 570.55 Bn | 530.63 Bn | - | 29.28% |
| 10 | Cme | 110.48 Bn | 98.81 Bn | 359.20 Mn | 2.28% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.28% |
| Jun 30, 2026 | 10.63% |
| Mar 31, 2026 | 10.63% |
| Dec 31, 2025 | 10.47% |
| Sep 30, 2025 | 10.46% |
| Jun 30, 2025 | 11.20% |
| Mar 31, 2025 | 10.77% |
| Dec 31, 2024 | 10.40% |
| Sep 30, 2024 | 9.37% |
| Jun 30, 2024 | 7.24% |
| Mar 31, 2024 | 6.27% |
| Dec 31, 2023 | 4.18% |
| Sep 30, 2023 | 2.08% |
| Jun 30, 2023 | 0.66% |
| Mar 31, 2023 | 0.49% |
| Dec 31, 2022 | 2.05% |
| Sep 30, 2022 | 3.60% |
| Jun 30, 2022 | 5.74% |
| Mar 31, 2022 | 6.44% |
| Dec 31, 2021 | 6.89% |
API Access
Morningstar Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=MORN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=MORN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();