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Morningstar MORN Current ratio

Current ratio at other companies

S&P Global logo
S&P GlobalSPGI
0.0×
VAL
Value LineVALU
3.9×+0.5×
FactSet Research Systems logo
FactSet Research SystemsFDS
0.7×-0.8×
Moody's logo
Moody'sMCO
1.2×-0.6×
MSCI logo
MSCIMSCI
0.9×0.0×
ATH
Aether HoldingsATHR
1.7×+1.3×

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$7.48B-32.8%
Enterprise value$8.91B-23.4%
P/E17.7×-9.8×
P/S2.9×-1.8×

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×

Where this comes from

Calculated from Morningstar’s reported figures.

Based on the most recent quarter.

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

Filed
Jul 29, 2026, 4:27 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001289419-26-000041

FAQ

What is Morningstar's current ratio?
Morningstar (MORN) reported current ratio of 1.1× in Q2 2026.
How has Morningstar's current ratio changed year-over-year?
Morningstar's current ratio decreased by 6.7% year-over-year, from 1.1× to 1.1×.
What is the long-term trend for Morningstar's current ratio?
Over 5 years (2020 to 2025), Morningstar's current ratio has grown at a -3.3% compound annual growth rate (CAGR), from 1.2× to 1×.
What does current ratio mean?
Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.

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