Morningstar (MORN) Non-Current Debt (2016 - 2025)
Morningstar (MORN) recorded Non-Current Debt of $1.07 billion in Q4 2025, up 53.5% from $698.6 million a year earlier.
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Analysis
Morningstar (MORN) Non-Current Debt (2016 - 2025) Analysis & Trends
Starting with Q4 2016, Morningstar's Non-Current Debt history includes 19 quarters.
- Annual Non-Current Debt has a five-year compound annual growth rate of 19.0% (FY2020 to FY2025).
- Across earlier years, Non-Current Debt came in at $698.6 million in FY2024 (-25.7%), $940.3 million in FY2023 (-12.7%), $1.08 billion in FY2022 (+199.8%) and $359.4 million in FY2021 (-20.0%).
- The Q4 2025 figure is the highest quarterly Non-Current Debt since Q4 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 116.38 Bn | 111.98 Bn | 2.98 Bn | 12.60 Bn |
| 2 | Moodys | 78.67 Bn | 71.10 Bn | 1.67 Bn | 6.38 Bn |
| 3 | Msci | 39.16 Bn | 37.50 Bn | 717.10 Mn | 6.38 Bn |
| 4 | Verisk Analytics | 21.84 Bn | 16.48 Bn | 572.90 Mn | 4.22 Bn |
| 5 | Equifax | 16.14 Bn | 15.54 Bn | 926.40 Mn | 4.06 Bn |
| 6 | TransUnion | 11.72 Bn | 8.70 Bn | - | 5.37 Bn |
| 7 | Factset Research Systems | 9.66 Bn | 8.43 Bn | 310.73 Mn | 890.54 Mn |
| 8 | Morningstar | 7.13 Bn | 5.03 Bn | 423.90 Mn | - |
| 9 | Mastercard | 480.27 Bn | 440.19 Bn | - | 22.18 Bn |
| 10 | Cme | 94.12 Bn | 94.12 Bn | - | 3.42 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 1.07 Bn |
| Dec 31, 2024 | 698.60 Mn |
| Dec 31, 2023 | 940.30 Mn |
| Dec 31, 2022 | 1.08 Bn |
| Dec 31, 2021 | 359.40 Mn |
| Dec 31, 2020 | 449.10 Mn |
| Dec 31, 2019 | 502.10 Mn |
| Sep 30, 2019 | 534.80 Mn |
| Jun 30, 2019 | 15.00 Mn |
| Mar 31, 2019 | 30.00 Mn |
| Dec 31, 2018 | 70.00 Mn |
| Sep 30, 2018 | 90.00 Mn |
| Jun 30, 2018 | 125.00 Mn |
| Mar 31, 2018 | 150.00 Mn |
| Dec 31, 2017 | 180.00 Mn |
| Sep 30, 2017 | 205.00 Mn |
| Jun 30, 2017 | 230.00 Mn |
| Mar 31, 2017 | 235.00 Mn |
| Dec 31, 2016 | 250.00 Mn |
API Access
Morningstar Non-Current Debt 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=non-current-debt&ticker=MORN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=MORN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();