Company / Net Debt per Share
Morningstar, Inc. Net Debt per Share History
FY2018-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Debt per Share
$13.95
FY2025
5-year range
-$2.90 / $16.99
FY2021-FY2025
Trend
+204.3%
vs FY2024
Sector context
#70 of 192
Financials
What the data says
Net Debt per Share changed +204% YoY in FY2025, a notable deviation from the 7-year average annual change of +45%.
Based on SEC 10-K filings.
13.95 in FY2025 with a 5-year CAGR of +86.4%.
Improved from $14.94 to $13.95 over the past 2 years.
Financials sector context is included.
Net Debt per Share over time
Growth rates
- 3-Year CAGR
- -6.4%
- 5-Year CAGR
- +86.4%
- 10-Year CAGR
- -
Sector benchmark
#123 of 192 in FinancialsTop 64% of 192This company $13.95 Sector average $59.50
▼
-76.6% below sector average
Key checks
Key Insights
- In FY2025, net debt per share increased 204.3% year-over-year.
- Ranks #70 out of 192 companies in the Financials sector.
- Peak net debt per share was recorded in FY2022.
- Lowest net debt per share in the period was in FY2018.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
- Strong return on equity: 24.8%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Net Debt per ShareValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $13.95 | +204.3% |
| FY2024 | $4.58 | -69.3% |
| FY2023 | $14.94 | -12.1% |
| FY2022 | $16.99 | +686.0% |
| FY2021 | -$2.90 | -567.1% |
| FY2020 | $0.62 | -83.8% |
| FY2019 | $3.84 | +154.6% |
| FY2018 | -$7.03 | - |
| FY2017 | - | - |
| FY2016 | - | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026