Morningstar (MORN) Share-based Compensation (2009 - 2026)
Morningstar's (MORN) quarterly Share-based Compensation came in at $10.8 million in Q1 2026, up 18.68% year-on-year from $9.1 million in Q1 2025, and up 4.85% on a QoQ basis from $10.3 million in Q4 2025.
Morningstar (MORN) Share-based Compensation (2009 - 2026) Analysis & Trends
Morningstar (MORN) has 18 years of Share-based Compensation data on file, last reported at $10.8 million in Q1 2026.
- On a quarterly basis, Share-based Compensation rose 18.68% year-over-year to $10.8 million in Q1 2026; TTM through Mar 2026 was $58.1 million, a 10.88% increase from a year earlier, with the FY2025 full-year figure at $56.4 million, up 3.11% from the prior year.
- Share-based Compensation for Q1 2026 stood at $10.8 million, up from $10.3 million in the prior quarter.
- Over the last five years, Share-based Compensation for MORN reached as high as $25.1 million in Q4 2022 and fell as low as $9.1 million in Q1 2025.
- Historically, Share-based Compensation has averaged $15.2 million across 5 years, with a median of $14.2 million in 2024.
- Across the five-year window, Share-based Compensation surged 130.28% in 2022 and tumbled 55.78% in 2023, its largest moves.
- Year by year, Share-based Compensation stood at $25.1 million in 2022, then tumbled by 55.78% to $11.1 million in 2023, then surged by 43.24% to $15.9 million in 2024, then tumbled by 35.22% to $10.3 million in 2025, then advanced by 4.85% to $10.8 million in 2026.
- Per Business Quant data, the three most recent Share-based Compensation figures were $10.8 million in Q1 2026, $10.3 million in Q4 2025, and $18.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Share-based Compensation (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 123.54 Bn | 121.73 Bn | 2.94 Bn | 39.00 Mn |
| 2 | Cme | 93.95 Bn | 93.95 Bn | 1.65 Bn | 24.60 Mn |
| 3 | Intercontinental Exchange | 86.02 Bn | 84.27 Bn | - | 95.00 Mn |
| 4 | Moodys | 83.68 Bn | 82.18 Bn | 1.67 Bn | 41.00 Mn |
| 5 | Nasdaq | 53.85 Bn | 53.14 Bn | 1.50 Bn | 49.00 Mn |
| 6 | Coinbase Global | 43.36 Bn | 32.93 Bn | 1.33 Bn | 118.93 Mn |
| 7 | Msci | 41.57 Bn | 41.22 Bn | 717.10 Mn | 25.40 Mn |
| 8 | Cboe Global Markets | 30.85 Bn | 28.68 Bn | 728.90 Mn | 28.50 Mn |
| 9 | TransUnion | 16.17 Bn | 15.44 Bn | 726.20 Mn | 20.70 Mn |
| 10 | Morningstar | 7.43 Bn | 6.90 Bn | 405.90 Mn | 10.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.80 Mn |
| Mar 31, 2026 | 10.80 Mn |
| Dec 31, 2025 | 10.30 Mn |
| Dec 31, 2025 | 10.30 Mn |
| Sep 30, 2025 | 18.60 Mn |
| Sep 30, 2025 | 18.60 Mn |
| Jun 30, 2025 | 18.40 Mn |
| Jun 30, 2025 | 18.40 Mn |
| Mar 31, 2025 | 9.10 Mn |
| Mar 31, 2025 | 9.10 Mn |
| Dec 31, 2024 | 15.90 Mn |
| Dec 31, 2024 | 15.90 Mn |
| Sep 30, 2024 | 13.20 Mn |
| Sep 30, 2024 | 13.20 Mn |
| Jun 30, 2024 | 14.20 Mn |
| Jun 30, 2024 | 14.20 Mn |
| Mar 31, 2024 | 11.40 Mn |
| Mar 31, 2024 | 11.40 Mn |
| Dec 31, 2023 | 11.10 Mn |
| Dec 31, 2023 | 11.10 Mn |