Morningstar, Inc. (MORN) quarterly balance sheet — complete assets, liabilities & equity history
Morningstar, Inc. (MORN) balance sheet — 26-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash & Short Term Investments | 523.8M | 532.2M | 528.7M | 514.5M | 541.6M | 559.2M | 551M | 601.7M | 439.2M | 409.1M | 389M | 363.7M | 378.2M | 385.4M | 414.6M | 407.1M | 416.8M | 544.9M | 546.1M | 487.3M |
| Cash & Due from Banks | 489.5M | 492.8M | 474.5M | 474.2M | 503.5M | 511.5M | 502.7M | 552.9M | 391.2M | 353.7M | 337.9M | 325M | 343.3M | 352.2M | 376.6M | 372.7M | 380.2M | 483.5M | 483.8M | 427M |
| Short Term Investments | 34.3M | 39.4M | 54.2M | 40.3M | 38.1M | 47.7M | 48.3M | 48.8M | 48M | 55.4M | 51.1M | 38.7M | 34.9M | 33.2M | 38M | 34.4M | 36.6M | 61.4M | 62.3M | 60.3M |
| Total Investments | 84.1M | 89.7M | 104.5M | 112.1M | 115.3M | 123.9M | 133.6M | 144.8M | 145.3M | 151.5M | 151.3M | 143.5M | 149.7M | 150.9M | 134M | 131.3M | 133.2M | 125.5M | 125.6M | 111.3M |
| Investments Growth % | -27.06% | -27.6% | -21.78% | -22.58% | -20.65% | -18.22% | -11.7% | 0.91% | -2.94% | 0.4% | 12.91% | 9.29% | 12.39% | 20.24% | 6.69% | 17.97% | 22.43% | 41.65% | 69.04% | 75% |
| Long-Term Investments | 49.8M | 50.3M | 50.3M | 71.8M | 77.2M | 76.2M | 85.3M | 96M | 97.3M | 96.1M | 100.2M | 104.8M | 114.8M | 117.7M | 96M | 96.9M | 96.6M | 64.1M | 63.3M | 51M |
| Accounts Receivables | 382.9M | 402.6M | 390.4M | 363.9M | 384M | 342.1M | 358.1M | 328.4M | 336.4M | 326.2M | 343.9M | 298M | 321.8M | 297.9M | 307.9M | 284.5M | 307.3M | 276.4M | 268.9M | 239.3M |
| Goodwill & Intangibles | 2.31B | 2.34B | 1.99B | 2.01B | 2.03B | 2.02B | 1.97B | 2.01B | 2.01B | 2.04B | 2.06B | 2.06B | 2.1B | 2.11B | 2.12B | 2.1B | 2.17B | 1.52B | 1.54B | 1.55B |
| Goodwill | 1.75B | 1.75B | 1.61B | 1.61B | 1.62B | 1.6B | 1.56B | 1.58B | 1.57B | 1.57B | 1.58B | 1.57B | 1.58B | 1.58B | 1.57B | 1.54B | 1.58B | 1.2B | 1.21B | 1.21B |
| Intangible Assets | 569.2M | 591.4M | 379.3M | 396M | 413.3M | 420.4M | 408.8M | 432.5M | 443.1M | 463.4M | 484.4M | 495.4M | 518.5M | 532.6M | 548.6M | 559.1M | 593.2M | 321.6M | 328.2M | 344.2M |
| PP&E (Net) | 404.3M | 400.8M | 390.9M | 390.3M | 390.1M | 393.7M | 400.1M | 369.9M | 358.4M | 367.3M | 371.6M | 367.7M | 379.2M | 386.1M | 391M | 373.3M | 322.4M | 321.9M | 321M | 293.5M |
| Other Assets | 51.1M | 47.3M | 42.2M | 39.9M | 37.5M | 36.7M | 35.4M | 34.6M | 35.2M | 38.2M | 38.1M | 38.6M | 41.9M | 44.6M | 45.9M | 43.1M | 44.4M | 43.2M | 42.8M | 37.7M |
| Total Current Assets | 1.03B | 1.06B | 1.04B | 979.2M | 1.04B | 1.01B | 1.01B | 1.02B | 875.8M | 830.6M | 815.7M | 758.2M | 807.3M | 781.3M | 810.8M | 788.8M | 818.1M | 902.8M | 887.6M | 797M |
| Total Non-Current Assets | 2.91B | 2.92B | 2.55B | 2.58B | 2.59B | 2.57B | 2.53B | 2.54B | 2.53B | 2.56B | 2.59B | 2.59B | 2.65B | 2.67B | 2.66B | 2.63B | 2.65B | 1.97B | 1.98B | 1.95B |
| Total Assets | 3.95B | 3.99B | 3.59B | 3.56B | 3.63B | 3.59B | 3.55B | 3.57B | 3.4B | 3.39B | 3.4B | 3.34B | 3.46B | 3.45B | 3.47B | 3.42B | 3.47B | 2.87B | 2.86B | 2.74B |
| Asset Growth % | 8.68% | 11.15% | 1.16% | -0.24% | 6.67% | 5.81% | 4.28% | 6.64% | -1.57% | -1.78% | -2.05% | -2.08% | -0.23% | 20.26% | 21.38% | 24.44% | 27.8% | 7.26% | 6.18% | 7.08% |
| Return on Assets (ROA) | 2.72% | 2.83% | 3.22% | 2.55% | 2.47% | 2.2% | 3.29% | 3.43% | 2.03% | 1.89% | 2.18% | 1.15% | 1.05% | -0.22% | 0.1% | -0.26% | 0.95% | 1.61% | 2.02% | 1.8% |
| Accounts Payable | 91.9M | 104.6M | 97.9M | 90.4M | 90.2M | 92.6M | 87.3M | 80.4M | 77.1M | 72M | 78.4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Debt | 1.9B | 1.91B | 1.41B | 1.04B | 1.03B | 1B | 904M | 1.04B | 1.07B | 1.13B | 1.16B | 1.24B | 1.35B | 1.34B | 1.32B | 1.36B | 1.33B | 670.9M | 531.5M | 527.2M |
| Net Debt | 1.42B | 1.41B | 933.3M | 568.4M | 530.5M | 491.6M | 401.3M | 489.7M | 677M | 774.2M | 822.3M | 915.2M | 1.01B | 985.7M | 947M | 984.5M | 952.2M | 187.4M | 47.7M | 100.2M |
| Long-Term Debt | 1.7B | 1.69B | 1.22B | 848.9M | 838.8M | 803.7M | 698.6M | 864.7M | 899.6M | 917.3M | 940.3M | 1.02B | 1.12B | 1.1B | 1.08B | 1.13B | 1.15B | 504.4M | 359.4M | 374.3M |
| Short-Term Debt | 18.2M | 18.2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 32.1M | 32.1M | 32.1M | 32.1M | 32.1M | 32.1M | 32.1M | 29.4M | 0 | 0 | 0 |
| Other Liabilities | 55.6M | 48.5M | -99.2M | 47.2M | 48.5M | 47.9M | 44.1M | 41.3M | 42M | 40.9M | 41.2M | 38.2M | 38M | 34.8M | 34.6M | 33.9M | 33.8M | 32.6M | 30.1M | 30.6M |
| Total Current Liabilities | 980.3M | 1.03B | 1.05B | 945.5M | 921M | 912.3M | 967.3M | 895.9M | 837.4M | 846.8M | 880.8M | 809.5M | 814.9M | 844.4M | 882.5M | 806.4M | 801.3M | 720.5M | 783.5M | 693.4M |
| Total Non-Current Liabilities | 1.94B | 1.94B | 1.31B | 1.1B | 1.09B | 1.06B | 963M | 1.1B | 1.13B | 1.16B | 1.19B | 1.29B | 1.41B | 1.4B | 1.39B | 1.43B | 1.42B | 797.2M | 663.3M | 665.5M |
| Total Liabilities | 2.92B | 2.97B | 2.37B | 2.04B | 2.02B | 1.98B | 1.93B | 2B | 1.97B | 2.01B | 2.08B | 2.1B | 2.22B | 2.25B | 2.27B | 2.24B | 2.23B | 1.52B | 1.45B | 1.36B |
| Total Equity | 1.02B | 1.02B | 1.22B | 1.51B | 1.61B | 1.61B | 1.62B | 1.57B | 1.43B | 1.38B | 1.33B | 1.24B | 1.24B | 1.2B | 1.21B | 1.18B | 1.24B | 1.35B | 1.42B | 1.39B |
| Equity Growth % | -36.59% | -36.7% | -24.51% | -3.3% | 12.61% | 16.35% | 21.9% | 25.85% | 16.03% | 14.81% | 10% | 5.52% | -0.45% | -10.88% | -14.75% | -14.9% | -8.05% | 2.29% | 11.37% | 17.7% |
| Equity / Assets (Capital Ratio) | 25.95% | 25.56% | 34.03% | 42.56% | 44.47% | 44.87% | 45.61% | 43.9% | 42.12% | 40.81% | 39.01% | 37.2% | 35.73% | 34.91% | 34.74% | 34.52% | 35.81% | 47.11% | 49.46% | 50.48% |
| Return on Equity (ROE) | 10.56% | 9.56% | 8.41% | 5.86% | 5.52% | 4.86% | 7.34% | 7.98% | 4.91% | 4.74% | 5.72% | 3.15% | 2.96% | -0.63% | 0.28% | -0.74% | 2.32% | 3.33% | 4.03% | 3.58% |
| Book Value per Share | 26.87 | 25.92 | 30.02 | 35.54 | 37.72 | 37.34 | 37.55 | 36.24 | 33.26 | 32.17 | 30.88 | 29.00 | 28.87 | 28.15 | 28.27 | 27.61 | 28.93 | 31.22 | 32.62 | 31.92 |
| Tangible BV per Share | -33.88 | -33.59 | -18.87 | -11.66 | -9.74 | -9.57 | -8.17 | -10.33 | -13.43 | -15.22 | -17.10 | -19.12 | -20.27 | -21.15 | -21.39 | -21.60 | -21.70 | -3.98 | -2.75 | -3.86 |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Additional Paid-in Capital | 915.1M | 892.5M | 869.5M | 861.4M | 853M | 847.8M | 822.7M | 809.8M | 806.7M | 808M | 789M | 782.6M | 775M | 772M | 757.8M | 738.9M | 724.5M | 715.2M | 689M | 685.5M |
| Retained Earnings | 2.38B | 2.29B | 2.21B | 2.11B | 2.04B | 1.97B | 1.91B | 1.81B | 1.71B | 1.66B | 1.61B | 1.55B | 1.53B | 1.51B | 1.53B | 1.56B | 1.57B | 1.56B | 1.53B | 1.5B |
| Accumulated OCI | -85.5M | -79.4M | -68.1M | -71.4M | -60.7M | -102.4M | -119.4M | -74.2M | -98.5M | -97.1M | -86.5M | -107.2M | -84.1M | -92M | -99M | -140.7M | -89.3M | -45.8M | -35.3M | -34.8M |
| Treasury Stock | -2.19B | -2.09B | -1.79B | -1.39B | -1.22B | -1.1B | -993.9M | -981.6M | -983.9M | -985.5M | -985.5M | -985.9M | -986.8M | -986.7M | -986.7M | -982.2M | -966M | -874.9M | -764.3M | -764.3M |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |