Morningstar (MORN) Long-Term Debt Issuances (2019 - 2026)
Morningstar (MORN) recorded Long-Term Debt Issuances of $30 million in Q3 2026, down 71.4% from $105 million a year earlier and down 64.7% from the prior quarter.
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Analysis
Morningstar (MORN) Long-Term Debt Issuances (2019 - 2026) Analysis & Trends
On a TTM basis, Morningstar's Long-Term Debt Issuances came in at $840 million as of Sep 30, 2026, up 127.0% year-over-year; for FY2025, it was $800 million, up 788.9% from FY2024.
- Annual Long-Term Debt Issuances has a five-year compound annual growth rate of 67.9% (FY2020 to FY2025).
- Across earlier years, Long-Term Debt Issuances came in at $90 million in FY2024 (-65.4%), $260 million in FY2023 (-45.3%), $475 million in FY2022 and $10 million in FY2021 (-83.3%).
- Quarterly Long-Term Debt Issuances has ranged from $15 million in Q4 2022 to $430 million in Q4 2025 over the past five years.
- On a year-over-year basis, Long-Term Debt Issuances rose in two of the last four quarters, with growth averaging 16.0%.
- Peak year-over-year performance for Long-Term Debt Issuances in the last five years was growth of 103.4% in Q1 2026, against a decline of 71.4% in Q3 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $85 million (Q2 2026), $295 million (Q1 2026) and $430 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | LT Debt Issuance (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 136.04 Bn | 125.89 Bn | 2.64 Bn | -12.00 Mn |
| 2 | Moodys | 87.45 Bn | 80.37 Bn | 1.50 Bn | - |
| 3 | Msci | 46.27 Bn | 44.75 Bn | 739.80 Mn | 675.00 Mn |
| 4 | Verisk Analytics | 26.38 Bn | 21.02 Bn | 572.90 Mn | - |
| 5 | Equifax | 22.28 Bn | 21.56 Bn | 940.10 Mn | - |
| 6 | TransUnion | 15.55 Bn | 12.25 Bn | - | - |
| 7 | Factset Research Systems | 11.84 Bn | 10.69 Bn | 308.40 Mn | 145.93 Mn |
| 8 | Morningstar | 9.12 Bn | 7.01 Bn | 431.40 Mn | 30.00 Mn |
| 9 | Mastercard | 575.10 Bn | 535.19 Bn | - | - |
| 10 | Cme | 108.59 Bn | 96.93 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 30.00 Mn |
| Jun 30, 2026 | 85.00 Mn |
| Mar 31, 2026 | 295.00 Mn |
| Dec 31, 2025 | 430.00 Mn |
| Sep 30, 2025 | 105.00 Mn |
| Jun 30, 2025 | 120.00 Mn |
| Mar 31, 2025 | 145.00 Mn |
| Mar 31, 2024 | 90.00 Mn |
| Sep 30, 2023 | 30.00 Mn |
| Jun 30, 2023 | 135.00 Mn |
| Mar 31, 2023 | 95.00 Mn |
| Dec 31, 2022 | 15.00 Mn |
| Sep 30, 2022 | 20.00 Mn |
| Jun 30, 2022 | 265.00 Mn |
| Mar 31, 2022 | 175.00 Mn |
| Sep 30, 2021 | 10.00 Mn |
| Sep 30, 2020 | 5.00 Mn |
| Mar 31, 2020 | 55.00 Mn |
| Sep 30, 2019 | 610.00 Mn |
API Access
Morningstar Long-Term Debt Issuances 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=long-term-debt-issuances&ticker=MORN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-debt-issuances", "ticker": "MORN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=long-term-debt-issuances&ticker=MORN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();