Morningstar, Inc. (MORN)
NASDAQ: MORN · Real-Time Price · USD
171.76
-0.72 (-0.42%)
Jul 20, 2026, 4:00 PM EDT - Market closed
Morningstar Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 |
Cash & Equivalents | 492.8 | 474.5 | 474.2 | 503.5 | 511.5 | 502.7 | 552.9 | 391.2 | 353.7 | 337.9 | 325 | 343.3 | 352.2 | 376.6 | 372.7 | 380.2 | 483.5 | 483.8 | 427 | 387.6 |
Short-Term Investments | 39.4 | 54.2 | 40.3 | 38.1 | 47.7 | 48.3 | 48.8 | 48 | 55.4 | 51.1 | 38.7 | 34.9 | 33.2 | 38 | 34.4 | 36.6 | 61.4 | 62.3 | 60.3 | 61.4 |
Cash & Short-Term Investments | 532.2 | 528.7 | 514.5 | 541.6 | 559.2 | 551 | 601.7 | 439.2 | 409.1 | 389 | 363.7 | 378.2 | 385.4 | 414.6 | 407.1 | 416.8 | 544.9 | 546.1 | 487.3 | 449 |
Cash Growth | -4.83% | -4.05% | -14.49% | 23.32% | 36.69% | 41.64% | 65.44% | 16.13% | 6.15% | -6.17% | -10.66% | -9.26% | -29.27% | -24.08% | -16.46% | -7.17% | 25.64% | 17.64% | 28.98% | 17.17% |
Accounts Receivable | 402.6 | 390.4 | 363.9 | 384 | 342.1 | 358.1 | 328.4 | 336.4 | 326.2 | 343.9 | 298 | 321.8 | 297.9 | 307.9 | 284.5 | 307.3 | 276.4 | 268.9 | 239.3 | 231 |
Other Receivables | 15.4 | 16.2 | 12.9 | 18 | 9.4 | 12.4 | - | - | - | 0.6 | 8.8 | 15.1 | - | - | 9.5 | 12.5 | - | 8.9 | 10.6 | 14.4 |
Total Trade Receivables | 418 | 406.6 | 376.8 | 402 | 351.5 | 370.5 | 328.4 | 336.4 | 326.2 | 344.5 | 306.8 | 336.9 | 297.9 | 307.9 | 294 | 319.8 | 276.4 | 277.8 | 249.9 | 245.4 |
Other Current Assets | 113.1 | 102.7 | 87.9 | 98.7 | 101.6 | 92.6 | 92.7 | 100.2 | 95.3 | 82.2 | 87.7 | 92.2 | 98 | 88.3 | 87.7 | 81.5 | 81.5 | 63.7 | 59.8 | 64.8 |
Total Current Assets | 1,063 | 1,038 | 979.2 | 1,042 | 1,012 | 1,014 | 1,023 | 875.8 | 830.6 | 815.7 | 758.2 | 807.3 | 781.3 | 810.8 | 788.8 | 818.1 | 902.8 | 887.6 | 797 | 759.2 |
Net Property, Plant & Equipment | 400.8 | 390.9 | 390.3 | 390.1 | 393.7 | 400.1 | 369.9 | 358.4 | 367.3 | 371.6 | 367.7 | 379.2 | 386.1 | 391 | 373.3 | 322.4 | 321.9 | 321 | 293.5 | 294.7 |
Other Intangible Assets | 591.4 | 379.3 | 396 | 413.3 | 420.4 | 408.8 | 432.5 | 443.1 | 463.4 | 484.4 | 495.4 | 518.5 | 532.6 | 548.6 | 559.1 | 593.2 | 321.6 | 328.2 | 344.2 | 353 |
Goodwill | 1,747 | 1,611 | 1,615 | 1,618 | 1,601 | 1,562 | 1,580 | 1,570 | 1,574 | 1,579 | 1,569 | 1,585 | 1,577 | 1,572 | 1,542 | 1,579 | 1,203 | 1,207 | 1,209 | 1,209 |
Long-Term Investments | 50.3 | 50.3 | 71.8 | 77.2 | 76.2 | 85.3 | 96 | 97.3 | 96.1 | 100.2 | 104.8 | 114.8 | 117.7 | 96 | 96.9 | 96.6 | 64.1 | 63.3 | 51 | 47.4 |
Other Long-Term Assets | 133.3 | 120.9 | 105.6 | 89.4 | 82.6 | 78.6 | 65.5 | 59.4 | 57.9 | 52.7 | 49 | 53.4 | 55.8 | 56.7 | 54.6 | 56.7 | 56.4 | 55.6 | 49.7 | 49 |
Total Assets | 3,986 | 3,590 | 3,558 | 3,631 | 3,586 | 3,549 | 3,566 | 3,404 | 3,389 | 3,403 | 3,344 | 3,458 | 3,451 | 3,475 | 3,415 | 3,466 | 2,869 | 2,863 | 2,744 | 2,712 |
Accounts Payable | 104.6 | 97.9 | 90.4 | 90.2 | 92.6 | 87.3 | 80.4 | 77.1 | 72 | 78.4 | 70.1 | 69 | 69.6 | 76.2 | 67.1 | 80.1 | 72.7 | 76.5 | 50.5 | 55.8 |
Accrued Expenses | 144.9 | 294.2 | 231 | 179.5 | 132.6 | 272.2 | 216 | 166.2 | 122.9 | 214.4 | 180.6 | 169.4 | 133.6 | 220.1 | 194.9 | 149.8 | 153.3 | 273.7 | 220 | 185.1 |
Current Portion of Long-Term Debt | 18.2 | - | - | - | - | - | - | - | 32.1 | 32.1 | 32.1 | 32.1 | 32.1 | 32.1 | 32.1 | 29.4 | - | - | - | - |
Current Portion of Leases | 42.7 | 41.8 | 39.9 | 39.3 | 37.7 | 35.1 | 32.2 | 32 | 34.7 | 36.4 | 36 | 36.3 | 36.1 | 37.3 | 37.1 | 36.7 | 37.4 | 36.4 | 31.5 | 35 |
Unearned Revenue | 669.3 | 586.1 | 563.9 | 594.2 | 595.3 | 540.8 | 539.5 | 548.2 | 565.2 | 517.7 | 486.9 | 506.3 | 502.3 | 455.6 | 424.8 | 457.4 | 428.6 | 377.4 | 364.5 | 378.8 |
Other Current Liabilities | 51 | 33.3 | 20.3 | 17.8 | 54.1 | 31.9 | 27.8 | 13.9 | 19.9 | 1.8 | 3.8 | 1.8 | 70.7 | 61.2 | 50.4 | 47.9 | 28.5 | 19.5 | 26.9 | 30.4 |
Total Current Liabilities | 1,031 | 1,053 | 945.5 | 921 | 912.3 | 967.3 | 895.9 | 837.4 | 846.8 | 880.8 | 809.5 | 814.9 | 844.4 | 882.5 | 806.4 | 801.3 | 720.5 | 783.5 | 693.4 | 685.1 |
Long-Term Debt | 1,695 | 1,073 | 848.9 | 838.8 | 803.7 | 698.6 | 864.7 | 899.6 | 917.3 | 940.3 | 1,023 | 1,121 | 1,099 | 1,078 | 1,126 | 1,147 | 504.4 | 359.4 | 374.3 | 374.3 |
Long-Term Leases | 151 | 146.7 | 153.8 | 155.9 | 161.7 | 170.3 | 145.7 | 136.6 | 143.8 | 151.4 | 148.7 | 160.3 | 170.3 | 176.7 | 162.5 | 119.3 | 129.1 | 135.7 | 121.4 | 128.2 |
Other Long-Term Liabilities | 91.3 | 95.7 | 95.4 | 100.3 | 99.4 | 94.1 | 94.3 | 96.2 | 98.4 | 103.1 | 118.4 | 125.7 | 131.9 | 131 | 141.7 | 157.5 | 163.7 | 168.2 | 169.8 | 174.6 |
Total Long-Term Liabilities | 1,937 | 1,315 | 1,098 | 1,095 | 1,065 | 963 | 1,105 | 1,132 | 1,160 | 1,195 | 1,291 | 1,407 | 1,402 | 1,385 | 1,430 | 1,424 | 797.2 | 663.3 | 665.5 | 677.1 |
Total Liabilities | 2,968 | 2,368 | 2,044 | 2,016 | 1,977 | 1,930 | 2,001 | 1,970 | 2,006 | 2,076 | 2,100 | 2,222 | 2,246 | 2,268 | 2,236 | 2,225 | 1,518 | 1,447 | 1,359 | 1,362 |
Treasury Stock | -2,089 | -1,786 | -1,387 | -1,216 | -1,105 | -993.9 | -981.6 | -983.9 | -985.5 | -985.5 | -985.9 | -986.8 | -986.7 | -986.7 | -982.2 | -966 | -874.9 | -764.3 | -764.3 | -765.1 |
Additional Paid-in Capital | 892.5 | 869.5 | 861.4 | 853 | 847.8 | 822.7 | 809.8 | 806.7 | 808 | 789 | 782.6 | 775 | 772 | 757.8 | 738.9 | 724.5 | 715.2 | 689 | 685.5 | 679.5 |
Accumulated Other Comprehensive Income | -158.8 | -136.2 | -142.8 | -121.4 | -204.8 | -238.8 | -148.4 | -197 | -194.2 | -173 | -214.4 | -168.2 | -184 | -198 | -281.4 | -179.4 | -91.6 | -70.6 | -69.6 | -29.4 |
Retained Earnings | 2,294 | 2,206 | 2,111 | 2,038 | 1,968 | 1,909 | 1,812 | 1,709 | 1,658 | 1,611 | 1,555 | 1,532 | 1,511 | 1,535 | 1,563 | 1,572 | 1,557 | 1,527 | 1,499 | 1,450 |
Total Common Shareholders' Equity | 939.3 | 1,154 | 1,443 | 1,554 | 1,507 | 1,499 | 1,566 | 1,434 | 1,383 | 1,328 | 1,244 | 1,236 | 1,205 | 1,207 | 1,179 | 1,151 | 1,306 | 1,416 | 1,386 | 1,335 |
Shareholders' Equity | 1,019 | 1,222 | 1,514 | 1,615 | 1,609 | 1,619 | 1,566 | 1,434 | 1,383 | 1,328 | 1,244 | 1,236 | 1,205 | 1,207 | 1,179 | 1,241 | 1,352 | 1,416 | 1,386 | 1,350 |
Total Liabilities & Equity | 3,986 | 3,590 | 3,558 | 3,631 | 3,586 | 3,549 | 3,566 | 3,404 | 3,389 | 3,403 | 3,344 | 3,458 | 3,451 | 3,475 | 3,415 | 3,466 | 2,869 | 2,863 | 2,744 | 2,712 |
Total Debt | 1,907 | 1,261 | 1,043 | 1,034 | 1,003 | 904 | 1,043 | 1,068 | 1,128 | 1,160 | 1,240 | 1,350 | 1,338 | 1,324 | 1,357 | 1,332 | 670.9 | 531.5 | 527.2 | 537.5 |
Net Cash (Debt) | -1,374 | -732.4 | -528.1 | -492.4 | -443.9 | -353 | -440.9 | -629 | -718.8 | -771.2 | -876.5 | -971.9 | -952.5 | -909 | -950.1 | -915.6 | -126 | 14.6 | -39.9 | -88.5 |
Net Cash Per Share | -34.97 | -18.00 | -12.48 | -11.59 | -10.30 | -8.19 | -10.21 | -14.59 | -16.72 | -17.93 | -20.67 | -22.71 | -22.41 | -21.29 | -22.25 | -21.34 | -2.91 | 0.34 | -0.92 | -2.04 |
Book Value | 939.3 | 1,154 | 1,443 | 1,554 | 1,507 | 1,499 | 1,566 | 1,434 | 1,383 | 1,328 | 1,244 | 1,236 | 1,205 | 1,207 | 1,179 | 1,151 | 1,306 | 1,416 | 1,386 | 1,335 |
Book Value Per Share | 23.90 | 28.35 | 34.10 | 36.56 | 34.96 | 34.78 | 36.24 | 33.26 | 32.17 | 30.88 | 29.34 | 28.87 | 28.35 | 28.27 | 27.61 | 26.83 | 30.16 | 32.62 | 31.92 | 30.83 |
Tangible Book Value | -1,399 | -836.3 | -568.1 | -477.7 | -514.7 | -471.6 | -446.4 | -578.9 | -654.4 | -735.4 | -820.3 | -867.6 | -905.1 | -913.2 | -922.5 | -1,021 | -218.3 | -119.3 | -167.7 | -226.6 |
Tangible Book Value Per Share | -35.61 | -20.55 | -13.43 | -11.24 | -11.94 | -10.94 | -10.33 | -13.43 | -15.22 | -17.10 | -19.35 | -20.27 | -21.30 | -21.39 | -21.60 | -23.80 | -5.04 | -2.75 | -3.86 | -5.23 |