Morningstar (MORN) Debt Ratio (2014 - 2026)
Morningstar (MORN) posted quarterly Debt Ratio of 0.43 for Q2 2026, up 87.94% year-over-year from 0.23 in Q2 2025, and up 1.06% quarter-over-quarter from 0.43 in Q1 2026.
Morningstar (MORN) Debt Ratio (2014 - 2026) Analysis & Trends
Morningstar (MORN) has reported Debt Ratio for 13 consecutive years, with 0.43 the latest figure, recorded in Q2 2026.
- In Q2 2026, Debt Ratio rose 87.94% year-over-year to 0.43; the TTM figure through Jun 2026 stood at 0.43 (up 87.94% YoY), while the FY2025 annual figure was 0.3, up 51.77% from the prior year.
- Debt Ratio rose to 0.43 in Q2 2026 per MORN's latest filing, from 0.43 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.43 in Q2 2026 and bottomed at 0.18 in Q1 2022.
- Historically, Debt Ratio has averaged 0.29 across 5 years, with a median of 0.29 in 2023.
- Annual changes were most pronounced in 2022 — Debt Ratio surged 154.35% — and 2024, when it tumbled 31.1%.
- Morningstar's Debt Ratio stood at 0.32 in 2022, then fell by 10.53% to 0.29 in 2023, then sank by 31.1% to 0.2 in 2024, then jumped by 51.77% to 0.3 in 2025, then soared by 45.34% to 0.43 in 2026.
- Business Quant data shows MORN's Debt Ratio at 0.43 in Q2 2026, 0.43 in Q1 2026, and 0.3 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.97 Bn | 122.83 Bn | 2.98 Bn | 0.28 |
| 2 | Cme | 99.11 Bn | 99.11 Bn | 1.65 Bn | 0.02 |
| 3 | Intercontinental Exchange | 90.76 Bn | 88.81 Bn | - | 0.11 |
| 4 | Moodys | 87.53 Bn | 86.04 Bn | 1.67 Bn | 0.51 |
| 5 | Nasdaq | 55.28 Bn | 54.56 Bn | 1.50 Bn | 0.32 |
| 6 | Coinbase Global | 48.58 Bn | 39.79 Bn | 1.16 Bn | 0.39 |
| 7 | Msci | 41.07 Bn | 40.72 Bn | 717.10 Mn | 1.14 |
| 8 | Cboe Global Markets | 31.56 Bn | 29.16 Bn | 731.60 Mn | 0.20 |
| 9 | TransUnion | 16.24 Bn | 15.40 Bn | 765.00 Mn | 0.46 |
| 10 | Morningstar | 8.12 Bn | 7.59 Bn | 423.90 Mn | 0.43 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.43 |
| 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 |