Morningstar (MORN) Debt to Equity (2014 - 2026)
Morningstar (MORN) reported Debt to Equity of $0.02 for Q1 2026, down 97.96% on a QoQ basis from $0.88 in Q4 2025.
Morningstar (MORN) has 13 years of Debt to Equity data on file, last reported at $0.02 in Q1 2026.
- Quarterly Debt to Equity changed N/A year-over-year to $0.02 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $0.02 (changed N/A YoY) and the FY2025 annual result came in at $0.88, up 103.38% from the prior year.
- Debt to Equity declined to $0.02 in Q1 2026 per MORN's latest filing, from $0.88 in the prior quarter.
- Across five years, Debt to Equity topped out at $0.92 in Q4 2022 and bottomed at $0.02 in Q1 2026.
- The 5-year median for Debt to Equity is $0.03 (2023), against an average of $0.28.
- The widest annual swing landed in 2022, when Debt to Equity jumped 262.14%; it then sank 41.06% in 2024.
- Tracing MORN's Debt to Equity over 5 years: stood at $0.92 in 2022, then slipped by 20.33% to $0.73 in 2023, then tumbled by 41.06% to $0.43 in 2024, then surged by 103.38% to $0.88 in 2025, then tumbled by 97.96% to $0.02 in 2026.
- Per Business Quant, the three latest MORN Debt to Equity figures stand at $0.02 (Q1 2026), $0.88 (Q4 2025), and $0.43 (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | 0.43 |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | 0.13 |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | 0.69 |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | 2.22 |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | 0.74 |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | 0.48 |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | -2.31 |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 0.27 |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | 1.18 |
| 10 | Morningstar | 7.12 Bn | 6.58 Bn | 405.90 Mn | 0.02 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.02 |
| Dec 31, 2025 | 0.88 |
| Dec 31, 2024 | 0.43 |
| Mar 31, 2024 | 0.02 |
| Dec 31, 2023 | 0.73 |
| Sep 30, 2023 | 0.03 |
| Jun 30, 2023 | 0.03 |
| Mar 31, 2023 | 0.03 |
| Dec 31, 2022 | 0.92 |
| Sep 30, 2022 | 0.03 |
| Jun 30, 2022 | 0.02 |
| Dec 31, 2021 | 0.25 |
| Dec 31, 2020 | 0.35 |
| Sep 30, 2020 | 0.01 |
| Jun 30, 2020 | 0.01 |
| Mar 31, 2020 | 0.01 |
| Dec 31, 2019 | 0.47 |
| Sep 30, 2019 | 0.52 |
| Jun 30, 2019 | 0.01 |
| Mar 31, 2019 | 0.03 |
| Dec 31, 2018 | 0.07 |
| Sep 30, 2018 | 0.10 |
| Jun 30, 2018 | 0.14 |
| Mar 31, 2018 | 0.17 |
| Dec 31, 2017 | 0.22 |
| Sep 30, 2017 | 0.26 |
| Jun 30, 2017 | 0.31 |
| Mar 31, 2017 | 0.33 |
| Dec 31, 2016 | 0.36 |
| Sep 30, 2016 | 0.09 |
| Jun 30, 2016 | 0.12 |
| Mar 31, 2016 | 0.12 |
| Dec 31, 2015 | 0.05 |
| Jun 30, 2015 | 0.05 |
| Mar 31, 2015 | 0.07 |
| Dec 31, 2014 | 0.05 |
| Sep 30, 2014 | 0.04 |