Morningstar, Inc. Balance Sheet
MORN / Financials|15 years of annual SEC 10-K data (FY2011-FY2025)
Shows total assets, cash and equivalents, receivables, property and equipment, total debt, and shareholders' equity across 15 fiscal years. All figures from audited SEC 10-K filings.
Morningstar, Inc. had $3.6B in total assets and $1.2B in shareholders' equity as of FY2025. Total debt was $1.1B against $475M in cash, resulting in $598M net debt.
Based on SEC 10-K filings.
Key Data Points
- High earnings quality (cash-backed earnings)
- Strong return on equity: 24.8%
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $474.5M | $502.7M | $337.9M | $376.6M | $483.8M | $422.5M | $334.1M | $369.3M | $207.1M | $185.2M | $168.2M | $185.2M | $200.4M | $180.2M | $130.5M |
| Accounts Receivable | $390.4M | $358.1M | $343.9M | $307.9M | $268.9M | $205.1M | $188.5M | $172.2M | $148.2M | $145.8M | $139.3M | $136.7M | $114.1M | $114.4M | $113.3M |
| Current Assets | $1.0B | $1.0B | $815.7M | $810.8M | $887.6M | $730.0M | $603.2M | $601.6M | $529.8M | $472.0M | $409.9M | $390.8M | $446.9M | $474.6M | $612.0M |
| PP&E (Net) | $231.9M | $218.9M | $207.7M | $199.4M | $171.8M | $155.1M | $154.7M | $143.5M | $147.4M | $152.1M | $134.5M | $117.6M | $105.0M | $84.0M | $62.1M |
| Goodwill | $1.6B | $1.6B | $1.6B | $1.2B | $1.2B | $1.0B | $556.7M | $556.7M | $556.8M | $364.2M | $370.1M | $370.1M | $320.8M | $318.5M | $317.7M |
| Total Assets | $3.6B | $3.5B | $3.4B | $3.5B | $2.9B | $2.7B | $2.4B | $1.5B | $1.4B | $1.4B | $1.0B | $1.0B | $1.0B | $1.0B | $1.2B |
| Current Liabilities | $1.1B | $967.3M | $880.8M | $882.5M | $783.5M | $626.5M | $495.8M | $362.8M | $323.2M | $294.9M | $304.4M | $293.8M | $280.3M | $257.4M | $270.6M |
| Total Debt | $1.1B | $698.6M | $972.4M | $1.1B | $359.4M | $449.1M | $513.1M | $70.0M | - | - | - | - | - | - | - |
| Shareholders' Equity | $1.2B | $1.6B | $1.3B | $1.3B | $1.1B | $934.7M | $804.9M | $934.7M | $804.9M | $696.5M | $640.3M | $653.5M | $690.3M | $725.5M | $855.4M |