Morningstar (MORN) Debt Ratio (2014 - 2026)

Morningstar's (MORN) quarterly Debt Ratio came in at 0.43 in Q1 2026, up 91.73% year-on-year from 0.22 in Q1 2025, and up 43.82% on a QoQ basis from 0.3 in Q4 2025.

Morningstar (MORN) Debt Ratio (2014 - 2026) Analysis & Trends

Morningstar (MORN) has 13 years of Debt Ratio data on file, last reported at 0.43 in Q1 2026.

  • On a quarterly basis, Debt Ratio rose 91.73% year-over-year to 0.43 in Q1 2026; TTM through Mar 2026 was 0.43, a 91.73% increase from a year earlier, with the FY2025 full-year figure at 0.3, up 51.77% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.43, up from 0.3 in the prior quarter.
  • Over the last five years, Debt Ratio for MORN reached as high as 0.43 in Q1 2026 and fell as low as 0.18 in Q1 2022.
  • Historically, Debt Ratio has averaged 0.28 across 5 years, with a median of 0.29 in 2023.
  • Across the five-year window, Debt Ratio soared 154.35% in 2022 and sank 31.1% in 2024, its largest moves.
  • Year by year, Debt Ratio stood at 0.32 in 2022, then decreased by 10.53% to 0.29 in 2023, then sank by 31.1% to 0.2 in 2024, then soared by 51.77% to 0.3 in 2025, then surged by 43.82% to 0.43 in 2026.
  • Per Business Quant data, the three most recent Debt Ratio figures were 0.43 in Q1 2026, 0.3 in Q4 2025, and 0.24 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 S&P Global 123.54 Bn 121.73 Bn 2.94 Bn 0.22
2 Cme 93.95 Bn 93.95 Bn 1.65 Bn 0.02
3 Intercontinental Exchange 86.02 Bn 84.27 Bn - 0.11
4 Moodys 83.68 Bn 82.18 Bn 1.67 Bn 0.51
5 Nasdaq 53.85 Bn 53.14 Bn 1.50 Bn 0.32
6 Coinbase Global 43.36 Bn 32.93 Bn 1.33 Bn 0.27
7 Msci 41.57 Bn 41.22 Bn 717.10 Mn 1.14
8 Cboe Global Markets 30.85 Bn 28.68 Bn 728.90 Mn 0.13
9 TransUnion 16.17 Bn 15.44 Bn 726.20 Mn 0.47
10 Morningstar 7.43 Bn 6.90 Bn 405.90 Mn 0.43

Historic Data

Download Data
DateValue
Mar 31, 2026 0.43
Dec 31, 2025 0.30
Sep 30, 2025 0.24
Jun 30, 2025 0.23
Mar 31, 2025 0.22
Dec 31, 2024 0.20
Sep 30, 2024 0.24
Jun 30, 2024 0.26
Mar 31, 2024 0.28
Dec 31, 2023 0.29
Sep 30, 2023 0.32
Jun 30, 2023 0.33
Mar 31, 2023 0.33
Dec 31, 2022 0.32
Sep 30, 2022 0.34
Jun 30, 2022 0.34
Mar 31, 2022 0.18
Dec 31, 2021 0.13
Sep 30, 2021 0.14
Jun 30, 2021 0.14