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Morningstar MORN Accrued Expenses

Accrued Expenses at other companies

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S&P GlobalSPGI
$581M-0.2%
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FactSet Research SystemsFDS
$137.43M+40.0%
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Moody'sMCO
$152M
MSCI logo
MSCIMSCI
$157.2M
ATH
Aether HoldingsATHR
$5.17K-98.7%

Other financials

Income statement

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Revenue$663.2M+9.6%
Gross profit$423.9M+13.2%
Operating income$160.6M+28.4%
Net income$107.8M+21.1%
EPS (diluted)$2.83+35.4%

Balance sheet

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Cash & equivalents$489.5M-2.8%
Total debt$1.9B+86.0%
Total equity$1.0B-36.6%
Total assets$3.9B+8.7%

Cash flow

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Operating cash flow$155.7M+57.3%
CapEx$33.2M-9.3%
Free cash flow$122.5M+96.3%

Valuation

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Market cap$7.54B-30.0%
Enterprise value$8.97B-20.6%
P/E17.9×-8.8×
P/S2.9×-1.6×

Profitability

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Gross margin62.2%+1.3pp
Operating margin23.5%+1.3pp
Net margin16.4%-0.8pp
FCF margin19.4%+2.8pp

Returns & leverage

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Return on equity32%+5.4pp
Debt / equity1.9×+1.2×
Current ratio1.1×-0.1×

Where this comes from

Reported directly by Morningstar in its filing.

Tagged under the XBRL concept us-gaap:EmployeeRelatedLiabilitiesCurrent.

The source filing: Morningstar’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:27 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001289419-26-000041
(in millions, except share amounts)As of June 30, 2026 (unaudited)As of December 31, 2025
Liabilities and equity
Current liabilities:
Deferred revenue$628.4$586.1
Accrued compensation181.3294.2
Accounts payable and accrued liabilities91.997.9
Current portion of long-term debt18.2
Operating lease liabilities41.841.8
Income tax payable14.724.0

Item 1.Financial Statements

FAQ

What is Morningstar's accrued expenses?
Morningstar (MORN) reported accrued expenses of $181.3M in Q2 2026.
How has Morningstar's accrued expenses changed year-over-year?
Morningstar's accrued expenses increased by 1.0% year-over-year, from $179.5M to $181.3M.
What is the long-term trend for Morningstar's accrued expenses?
Over 5 years (2020 to 2025), Morningstar's accrued expenses has grown at a 11.7% compound annual growth rate (CAGR), from $169.2M to $294.2M.
What does accrued expenses mean?
Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

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