Morningstar (MORN) Total Debt (2014 - 2026)
Morningstar's Total Debt was $18.2 million in Q2 2026, unchanged from the prior quarter.
Analysis
Morningstar (MORN) Total Debt (2014 - 2026) Analysis & Trends
At the end of FY2025, Total Debt at Morningstar came in at $1.07 billion, up 53.5% from FY2024.
- Total Debt shows a five-year compound annual growth rate of 19.0% (FY2020 to FY2025).
- In earlier years, Total Debt was $698.6 million in FY2024 (-30.5%), $1 billion in FY2023 (-12.0%), $1.14 billion in FY2022 (+217.7%) and $359.4 million in FY2021 (-20.0%).
- Quarterly Total Debt has moved between $18.2 million (Q1 2026) and $1.14 billion (Q4 2022) over five years.
- The best year-over-year quarter for Total Debt over five years was Q4 2022 (growth of 217.7%); the worst was Q4 2024 (a decline of 30.5%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 116.38 Bn | 111.98 Bn | 2.98 Bn | 15.17 Bn |
| 2 | Moodys | 78.67 Bn | 71.10 Bn | 1.67 Bn | 6.95 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 | 4.47 Bn |
| 5 | Equifax | 16.14 Bn | 15.54 Bn | 926.40 Mn | 5.47 Bn |
| 6 | TransUnion | 11.72 Bn | 8.70 Bn | - | 5.59 Bn |
| 7 | Factset Research Systems | 9.66 Bn | 8.43 Bn | 310.73 Mn | 1.39 Bn |
| 8 | Morningstar | 7.13 Bn | 5.03 Bn | 423.90 Mn | 18.20 Mn |
| 9 | Mastercard | 480.27 Bn | 440.19 Bn | - | 24.64 Bn |
| 10 | Cme | 94.12 Bn | 94.12 Bn | - | 3.42 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.20 Mn |
| Mar 31, 2026 | 18.20 Mn |
| Dec 31, 2025 | 1.07 Bn |
| Dec 31, 2024 | 698.60 Mn |
| Mar 31, 2024 | 32.10 Mn |
| Dec 31, 2023 | 1.00 Bn |
| Sep 30, 2023 | 32.10 Mn |
| Jun 30, 2023 | 32.10 Mn |
| Mar 31, 2023 | 32.10 Mn |
| Dec 31, 2022 | 1.14 Bn |
| Sep 30, 2022 | 32.10 Mn |
| Jun 30, 2022 | 29.40 Mn |
| Dec 31, 2021 | 359.40 Mn |
| Dec 31, 2020 | 449.10 Mn |
| Sep 30, 2020 | 11.00 Mn |
| Jun 30, 2020 | 11.00 Mn |
| Mar 31, 2020 | 11.00 Mn |
| Dec 31, 2019 | 524.10 Mn |
| Sep 30, 2019 | 545.80 Mn |
| Jun 30, 2019 | 15.00 Mn |
API Access
Morningstar Total 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=total-debt&ticker=MORN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-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=total-debt&ticker=MORN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();