stockrowMorningstar, Inc.
MORN Financial Financial Data & Stock Exchanges
Morningstar, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.4 billion, up 7.49% from fiscal 2024.
- Revenue
- +8.86%
- EPS
- +41.7%
- Free cash flow
- −2.94%
- Total debt
- +97.8%
Quarter to September 2026, against a year earlier
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Morningstar, Inc. (MORN) Total debt
Morningstar, Inc.'s total debt at the end of fiscal 2025 was $1.1B, up 53.5% from $698.6M in fiscal 2024. At the end of the quarter to 30 September 2026 it was $1.7B. Over the past ten years it has ranged from $70.0M (fiscal 2018) to $1.1B (fiscal 2022); the current reading is higher than 90% of that period. Morningstar, Inc. ranks 9th of 14 Financial Data & Stock Exchanges companies by total debt.
Total debt, annual
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Annual newest first
| Period | Total debt | Change |
|---|---|---|
| FY2025 | $1.1B | 53.54% |
| FY2024 | $698.6M | (28.16%) |
| FY2023 | $972.4M | (12.36%) |
| FY2022 | $1.1B | 180.63% |
| FY2021 | $395.4M | (19.16%) |
| FY2020 | $489.1M | (4.68%) |
| FY2019 | $513.1M | 633.00% |
| FY2018 | $70.0M | (61.11%) |
| FY2017 | $180.0M | (28.00%) |
| FY2016 | $250.0M | — |
Quarterly newest first
| Period | Total debt | Change |
|---|---|---|
| Sep 2026 | $1.7B | (2.02%) |
| Jun 2026 | $1.7B | 0.03% |
| Mar 2026 | $1.7B | 59.69% |
| Dec 2025 | $1.1B | 26.35% |
| 36 more quarters | Free account |
Against its own ten years
Total debt against peers
| Company | Total debt |
|---|---|
| ICE Intercontinental Exchange Inc. compare | $20.3B |
| COIN Coinbase Global, Inc. compare | $11.2B |
| NDAQ Nasdaq, Inc. compare | $8.5B |
| MCO Moody's Corporation compare | $6.9B |
| MSCI MSCI Inc compare | $6.7B |
| TRU TransUnion compare | $5.3B |
| MORN Morningstar, Inc. | $1.7B |
| CBOE Cboe Global Markets, Inc. compare | $1.4B |
| FDS FactSet Research Systems Inc. compare | $1.4B |
What Total debt is
Total Debt tells an investor how much a company has borrowed in all, whether the money is due within a year or later.
Long Term Debt (Total) + Current Part of Debt
More on MORN
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement