Company / Capital Expenditures
Morningstar, Inc. Capital Expenditures History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Capital Expenditures
$147.1M
FY2025
5-year range
$76.7M / $147.1M
FY2021-FY2025
Trend
+3.1%
vs FY2024
Sector context
#55 of 302
Financials
What the data says
Morningstar, Inc.'s capital expenditures of $147M is higher than 82% of companies in the Financials sector (FY2025). Capital Expenditures has increased for 3 consecutive years, from $77M in FY2022 to $147M in FY2025.
Based on SEC 10-K filings.
$147M in FY2025 with a 5-year CAGR of +14.1%. Top quartile in the Financials sector.
Improved from $119M to $147M over the past 2 years.
Financials sector context is included.
Capital Expenditures over time
Growth rates
- 3-Year CAGR
- +24.2%
- 5-Year CAGR
- +14.1%
- 10-Year CAGR
- -
Sector benchmark
-28.6% below sector average
Key checks
Key Insights
- Morningstar, Inc.'s capital expenditures has grown for 3 consecutive years.
- 5-year CAGR of +14.1%, indicating consistent growth.
- In FY2025, capital expenditures increased 3.1% year-over-year.
- Ranks #55 out of 302 companies in the Financials sector.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
- Strong return on equity: 24.8%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Capital ExpendituresValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $147.1M | +3.1% |
| FY2024 | $142.7M | +19.8% |
| FY2023 | $119.1M | +55.3% |
| FY2022 | $76.7M | -4.1% |
| FY2021 | $80.0M | +5.1% |
| FY2020 | $76.1M | +14.3% |
| FY2019 | $66.6M | -12.5% |
| FY2018 | $76.1M | +32.8% |
| FY2017 | $57.3M | -1.7% |
| FY2016 | $58.3M | +73.5% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026