Morningstar annual current ratio
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Morningstar Current Ratio Growth & History (MORN)
Morningstar's current ratio was 0.99 for fiscal 2025.
View full Morningstar company overviewMorningstar annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.99 | −0.06 | −6.00% |
| 2024 | 2024-12-31 | 1.05 | 0.12 | +13.21% |
| 2023 | 2023-12-31 | 0.93 | 0.01 | +0.80% |
| 2022 | 2022-12-31 | 0.92 | −0.21 | −18.90% |
| 2021 | 2021-12-31 | 1.13 | −0.03 | −2.78% |
| 2020 | 2020-12-31 | 1.17 | −0.05 | −4.23% |
| 2019 | 2019-12-31 | 1.22 | −0.44 | −26.63% |
| 2018 | 2018-12-31 | 1.66 | 0.02 | +1.16% |
| 2017 | 2017-12-31 | 1.64 | 0.04 | +2.42% |
| 2016 | 2016-12-31 | 1.60 | 0.25 | +18.86% |
| 2015 | 2015-12-31 | 1.35 | 0.02 | +1.23% |
| 2014 | 2014-12-31 | 1.33 | −0.33 | −19.77% |
| 2013 | 2013-12-31 | 1.66 | −0.19 | −10.09% |
| 2012 | 2012-12-31 | 1.84 | −0.42 | −18.46% |
| 2011 | 2011-12-31 | 2.26 | 0.25 | +12.67% |
| 2010 | 2010-12-31 | 2.01 | −0.13 | −6.21% |
| 2009 | 2009-12-31 | 2.14 | — | — |
Morningstar quarterly current ratio
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Q2.26
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.06 | −0.08 | −6.72% |
| Q1 2026 | 2026-03-31 | 1.03 | −0.08 | −7.03% |
| Q4 2025 | 2025-12-31 | 0.99 | −0.06 | −6.00% |
| Q3 2025 | 2025-09-30 | 1.04 | −0.11 | −9.29% |
| Q2 2025 | 2025-06-30 | 1.13 | 0.09 | +8.21% |
| Q1 2025 | 2025-03-31 | 1.11 | 0.13 | +13.13% |
| Q4 2024 | 2024-12-31 | 1.05 | 0.12 | +13.21% |
| Q3 2024 | 2024-09-30 | 1.14 | 0.21 | +21.89% |
| Q2 2024 | 2024-06-30 | 1.05 | 0.06 | +5.57% |
| Q1 2024 | 2024-03-31 | 0.98 | 0.06 | +6.01% |
| Q4 2023 | 2023-12-31 | 0.93 | 0.01 | +0.80% |
| Q3 2023 | 2023-09-30 | 0.94 | −0.04 | −4.25% |
| Q2 2023 | 2023-06-30 | 0.99 | −0.03 | −2.97% |
| Q1 2023 | 2023-03-31 | 0.93 | −0.33 | −26.16% |
| Q4 2022 | 2022-12-31 | 0.92 | −0.21 | −18.90% |
| Q3 2022 | 2022-09-30 | 0.98 | −0.17 | −14.90% |
| Q2 2022 | 2022-06-30 | 1.02 | −0.09 | −7.87% |
| Q1 2022 | 2022-03-31 | 1.25 | 0.06 | +4.69% |
| Q4 2021 | 2021-12-31 | 1.13 | −0.03 | −2.78% |
| Q3 2021 | 2021-09-30 | 1.15 | — | — |
| Q2 2021 | 2021-06-30 | 1.11 | −0.14 | −11.46% |
| Q1 2021 | 2021-03-31 | 1.20 | −0.08 | −5.93% |
| Q4 2020 | 2020-12-31 | 1.17 | −0.05 | −4.23% |
| Q2 2020 | 2020-06-30 | 1.25 | −0.37 | −23.00% |
| Q1 2020 | 2020-03-31 | 1.27 | −0.30 | −19.13% |
| Q4 2019 | 2019-12-31 | 1.22 | −0.44 | −26.63% |
| Q3 2019 | 2019-09-30 | 1.30 | −0.52 | −28.53% |
| Q2 2019 | 2019-06-30 | 1.63 | −0.09 | −5.02% |
| Q1 2019 | 2019-03-31 | 1.57 | −0.11 | −6.33% |
| Q4 2018 | 2018-12-31 | 1.66 | 0.02 | +1.16% |
| Q3 2018 | 2018-09-30 | 1.82 | 0.13 | +7.53% |
| Q2 2018 | 2018-06-30 | 1.71 | 0.03 | +1.79% |
| Q1 2018 | 2018-03-31 | 1.68 | 0.06 | +3.62% |
| Q4 2017 | 2017-12-31 | 1.64 | 0.04 | +2.42% |
| Q3 2017 | 2017-09-30 | 1.69 | 0.38 | +28.55% |
| Q2 2017 | 2017-06-30 | 1.68 | 0.44 | +35.08% |
| Q1 2017 | 2017-03-31 | 1.62 | 0.38 | +31.08% |
| Q4 2016 | 2016-12-31 | 1.60 | 0.25 | +18.86% |
| Q3 2016 | 2016-09-30 | 1.31 | −0.22 | −14.56% |
| Q2 2016 | 2016-06-30 | 1.24 | −0.18 | −12.81% |
| Q1 2016 | 2016-03-31 | 1.24 | −0.19 | −13.37% |
| Q4 2015 | 2015-12-31 | 1.35 | 0.02 | +1.23% |
| Q3 2015 | 2015-09-30 | 1.54 | 0.20 | +15.27% |
| Q2 2015 | 2015-06-30 | 1.43 | 0.18 | +14.25% |
| Q1 2015 | 2015-03-31 | 1.43 | −0.29 | −16.75% |
| Q4 2014 | 2014-12-31 | 1.33 | −0.33 | −19.77% |
| Q3 2014 | 2014-09-30 | 1.34 | −0.58 | −30.35% |
| Q2 2014 | 2014-06-30 | 1.25 | −0.58 | −31.55% |
| Q1 2014 | 2014-03-31 | 1.71 | −0.26 | −13.15% |
| Q4 2013 | 2013-12-31 | 1.66 | −0.19 | −10.09% |
| Q3 2013 | 2013-09-30 | 1.92 | 0.02 | +1.16% |
| Q2 2013 | 2013-06-30 | 1.83 | −0.24 | −11.71% |
| Q1 2013 | 2013-03-31 | 1.97 | −0.33 | −14.47% |
| Q4 2012 | 2012-12-31 | 1.84 | −0.42 | −18.46% |
| Q3 2012 | 2012-09-30 | 1.89 | −0.41 | −17.63% |
| Q2 2012 | 2012-06-30 | 2.07 | −0.27 | −11.52% |
| Q1 2012 | 2012-03-31 | 2.31 | 0.08 | +3.36% |
| Q4 2011 | 2011-12-31 | 2.26 | 0.25 | +12.67% |
| Q3 2011 | 2011-09-30 | 2.30 | 0.23 | +11.15% |
| Q2 2011 | 2011-06-30 | 2.34 | 0.29 | +13.92% |
| Q1 2011 | 2011-03-31 | 2.23 | — | — |
| Q4 2010 | 2010-12-31 | 2.01 | −0.13 | −6.21% |
| Q3 2010 | 2010-09-30 | 2.07 | — | — |
| Q2 2010 | 2010-06-30 | 2.05 | — | — |
| Q4 2009 | 2009-12-31 | 2.14 | — | — |
Morningstar current ratio trends
Over the last five fiscal years, Morningstar's current ratio decreased from 1.17 to 0.99, a change of −0.18. The latest reported quarter, Q2 2026, shows 1.06.
About the metric
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
Calculation and source
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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