Morningstar (MORN) Non-Current Debt (2016 - 2026)
Morningstar (MORN) posted quarterly Non-Current Debt of $1.7 billion for Q2 2026, up 102.09% year-over-year from $838.8 million in Q2 2025, and little changed quarter-over-quarter from $1.7 billion in Q1 2026.
Morningstar (MORN) Non-Current Debt (2016 - 2026) Analysis & Trends
Morningstar (MORN) has reported Non-Current Debt for 11 consecutive years, with $1.7 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Non-Current Debt rose 102.09% year-over-year to $1.7 billion; the TTM figure through Jun 2026 stood at $1.7 billion (up 102.09% YoY), while the FY2025 annual figure was $1.1 billion, up 53.54% from the prior year.
- Non-Current Debt steadied at $1.7 billion in Q2 2026 per MORN's latest filing, from $1.7 billion in the prior quarter.
- Across five years, Non-Current Debt topped out at $1.7 billion in Q2 2026 and bottomed at $504.4 million in Q1 2022.
- Historically, Non-Current Debt has averaged $1.0 billion across 5 years, with a median of $981.8 million in 2023.
- Annual changes were most pronounced in 2022 — Non-Current Debt surged 206.44% — and 2024, when it dropped 25.7%.
- Morningstar's Non-Current Debt stood at $1.1 billion in 2022, then retreated by 12.73% to $940.3 million in 2023, then decreased by 25.7% to $698.6 million in 2024, then soared by 53.54% to $1.1 billion in 2025, then surged by 58.04% to $1.7 billion in 2026.
- Business Quant data shows MORN's Non-Current Debt at $1.7 billion in Q2 2026, $1.7 billion in Q1 2026, and $1.1 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 127.26 Bn | 123.12 Bn | 2.98 Bn | 15.17 Bn |
| 2 | Cme | 99.13 Bn | 99.13 Bn | 1.65 Bn | 3.42 Bn |
| 3 | Intercontinental Exchange | 90.95 Bn | 88.99 Bn | - | 18.63 Bn |
| 4 | Moodys | 87.63 Bn | 86.13 Bn | 1.67 Bn | 6.95 Bn |
| 5 | Nasdaq | 55.45 Bn | 54.73 Bn | 1.50 Bn | 8.49 Bn |
| 6 | Coinbase Global | 49.19 Bn | 40.40 Bn | 1.16 Bn | 5.94 Bn |
| 7 | Msci | 41.09 Bn | 40.73 Bn | 717.10 Mn | 6.38 Bn |
| 8 | Cboe Global Markets | 31.57 Bn | 29.18 Bn | 731.60 Mn | 1.44 Bn |
| 9 | TransUnion | 16.37 Bn | 15.54 Bn | 765.00 Mn | 5.37 Bn |
| 10 | Morningstar | 8.19 Bn | 7.66 Bn | 423.90 Mn | 1.70 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.70 Bn |
| Mar 31, 2026 | 1.69 Bn |
| Dec 31, 2025 | 1.07 Bn |
| Sep 30, 2025 | 848.90 Mn |
| Jun 30, 2025 | 838.80 Mn |
| Mar 31, 2025 | 803.70 Mn |
| Dec 31, 2024 | 698.60 Mn |
| Sep 30, 2024 | 864.70 Mn |
| Jun 30, 2024 | 899.60 Mn |
| Mar 31, 2024 | 917.30 Mn |
| Dec 31, 2023 | 940.30 Mn |
| Sep 30, 2023 | 1.02 Bn |
| Jun 30, 2023 | 1.12 Bn |
| Mar 31, 2023 | 1.10 Bn |
| Dec 31, 2022 | 1.08 Bn |
| Sep 30, 2022 | 1.13 Bn |
| Jun 30, 2022 | 1.15 Bn |
| Mar 31, 2022 | 504.40 Mn |
| Dec 31, 2021 | 359.40 Mn |
| Sep 30, 2021 | 374.30 Mn |