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| Date | Value |
|---|---|
| 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 |