Morningstar Inc Capital Reinvestment Ratio
Morningstar Inc capital reinvestment ratio. Morningstar Inc (MORN) has a Capital Reinvestment Ratio of 0.41x as of March 2026, meaning it reinvests 0% of its operating cash flow ($91.50 Million) in capital expenditures ($37.90 Million). See MORN free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Morningstar Inc (2002–2025)
Capital reinvestment ratio of Morningstar Inc from 2002 to 2025. This chart tracks Morningstar Inc's Capital Reinvestment Ratio across 24 annual periods. See MORN financial flexibility score to measure the company's free cash flow as a share of total liabilities.
Morningstar Inc Capital Reinvestment Ratio by Year (2002–2025)
Morningstar Inc capital reinvestment ratio by year from 2002 to 2025. For the full cash flow conversion analysis, see how efficiently does Morningstar Inc generate cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.25x | $589.70 Million | $147.10 Million | ▲ +3.4% |
| 2024 | 0.24x | $591.60 Million | $142.70 Million | ▼ -35.9% |
| 2023 | 0.38x | $316.40 Million | $119.10 Million | ▼ -13.4% |
| 2022 | 0.43x | $297.80 Million | $129.50 Million | ▲ +92.2% |
| 2021 | 0.23x | $449.90 Million | $101.80 Million | ▲ +13.4% |
| 2020 | 0.20x | $384.30 Million | $76.70 Million | ▼ -16.6% |
| 2019 | 0.24x | $334.40 Million | $80.00 Million | ▼ -1.0% |
| 2018 | 0.24x | $314.80 Million | $76.10 Million | ▼ -9.2% |
| 2017 | 0.27x | $250.10 Million | $66.60 Million | ▼ -9.4% |
| 2016 | 0.29x | $213.70 Million | $62.80 Million | ▲ +23.9% |
| 2015 | 0.24x | $241.50 Million | $57.30 Million | ▼ -46.2% |
| 2014 | 0.44x | $132.22 Million | $58.32 Million | ▲ +145.2% |
| 2013 | 0.18x | $186.66 Million | $33.58 Million | ▼ -12.6% |
| 2012 | 0.21x | $146.00 Million | $30.04 Million | ▲ +45.5% |
| 2011 | 0.14x | $164.98 Million | $23.32 Million | ▲ +18.3% |
| 2010 | 0.12x | $123.62 Million | $14.77 Million | ▼ -7.1% |
| 2009 | 0.13x | $96.18 Million | $12.37 Million | ▼ -59.6% |
| 2008 | 0.32x | $152.45 Million | $48.52 Million | ▲ +215.2% |
| 2007 | 0.10x | $112.37 Million | $11.35 Million | ▲ +111.0% |
| 2006 | 0.05x | $98.68 Million | $4.72 Million | ▼ -68.9% |
| 2005 | 0.15x | $48.45 Million | $7.45 Million | ▼ -34.6% |
| 2004 | 0.24x | $32.86 Million | $7.73 Million | ▼ -18.8% |
| 2003 | 0.29x | $29.70 Million | $8.61 Million | ▼ -20.0% |
| 2002 | 0.36x | $16.54 Million | $5.99 Million | — |