Morningstar MORN
NASDAQ MORN
$190.36 +4.01 (+2.15%)
As of: Sep 30, 2026 · 3:59 PM EDT

Morningstar (MORN) Debt Ratio (2014 - 2026)

Updated

Morningstar's Debt Ratio was 0.00 in Q2 2026, up 1.0% from the prior quarter.

Analysis

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

For FY2025, Debt Ratio at Morningstar came in at 0.30, up 51.8% from FY2024.

  • In earlier years, Debt Ratio was 0.20 in FY2024 (-33.3%), 0.30 in FY2023 (-10.2%), 0.33 in FY2022 (+161.7%) and 0.13 in FY2021 (-24.6%).
  • Quarterly Debt Ratio has moved between 0.00 (Q1 2026) and 0.33 (Q4 2022) over five years.
  • The best year-over-year quarter for Debt Ratio over five years was Q4 2022 (growth of 161.7%); the worst was Q4 2024 (a decline of 33.3%).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 S&P Global 115.73 Bn 111.34 Bn 2.98 Bn 0.24
2 Moodys 78.77 Bn 71.20 Bn 1.67 Bn 0.47
3 Msci 39.23 Bn 37.58 Bn 717.10 Mn 1.14
4 Verisk Analytics 21.59 Bn 16.23 Bn 572.90 Mn 1.00
5 Equifax 16.56 Bn 15.96 Bn 926.40 Mn 0.46
6 TransUnion 12.32 Bn 9.30 Bn - 0.46
7 Factset Research Systems 9.30 Bn 8.06 Bn 310.73 Mn 0.33
8 Morningstar 6.99 Bn 4.89 Bn 423.90 Mn 0.00
9 Mastercard 490.78 Bn 450.70 Bn - 0.43
10 Cme 94.57 Bn 94.57 Bn - 0.02
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.00
Mar 31, 2026 0.00
Dec 31, 2025 0.30
Dec 31, 2024 0.20
Mar 31, 2024 0.01
Dec 31, 2023 0.30
Sep 30, 2023 0.01
Jun 30, 2023 0.01
Mar 31, 2023 0.01
Dec 31, 2022 0.33
Sep 30, 2022 0.01
Jun 30, 2022 0.01
Dec 31, 2021 0.13
Dec 31, 2020 0.17
Sep 30, 2020 0.00
Jun 30, 2020 0.00
Mar 31, 2020 0.00
Dec 31, 2019 0.22
Sep 30, 2019 0.24
Jun 30, 2019 0.01
API Access

Morningstar Debt Ratio 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=debt-ratio&ticker=MORN&period=max&api_key=YOUR_API_KEY