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Morningstar MORN Interest Expense

Interest Expense at other companies

S&P Global logo
S&P GlobalSPGI
$87M+13.0%
FactSet Research Systems logo
FactSet Research SystemsFDS
$13.84M-8.5%
Moody's logo
Moody'sMCO
-$58M+4.9%
MSCI logo
MSCIMSCI
$71M+53.7%
Blackrock logo
BlackrockBLK
$134M-22.5%
StepStone Group Inc. logo
StepStone Group Inc.STEP
$4.34M-4.3%

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$7.37B-32.8%
Enterprise value$8.81B-23.4%
P/E17.5×-9.6×
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×
Current ratio1.1×-0.1×

Where this comes from

Reported directly by Morningstar in its filing.

Tagged under the XBRL concept us-gaap:InterestIncomeExpenseNonoperatingNet.

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 per share amounts)Three months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Other operating income6.80.87.70.8
Operating income160.6125.1316.5239.2
Non-operating expense, net:
Interest expense, net(17.1)(7.4)(30.8)(12.8)
Other income (expense), net3.5(1.2)3.1(1.4)
Non-operating expense, net(13.6)(8.6)(27.7)(14.2)
Income before income taxes and equity in investments of unconsolidated entities147.0116.5288.8225.0
Equity in investments of unconsolidated entities(0.9)(1.2)(1.0)(3.8)

Item 1.Financial Statements

FAQ

What is Morningstar's interest expense?
Morningstar (MORN) reported interest expense of -$17.1M in Q2 2026.
How has Morningstar's interest expense changed year-over-year?
Morningstar's interest expense decreased by 131.1% year-over-year, from -$7.4M to -$17.1M.
What is the long-term trend for Morningstar's interest expense?
Over 4 years (2021 to 2025), Morningstar's interest expense has grown at a 34.7% compound annual growth rate (CAGR), from -$8.7M to -$28.6M.
What does interest expense mean?
Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

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