Morningstar Inc (MORN) — Capital Reinvestment Ratio
Latest as of March 2026:
0.41x
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 Morningstar Inc free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.41x
Capex / Operating Cash Flow
Operating Cash Flow
$91.50 Million
USD
Capital Expenditures
$37.90 Million
USD
Data as of
Mar 2026
Most recent filing
Morningstar Inc Capital Reinvestment Ratio (2002–2025)
This chart tracks Morningstar Inc's Capital Reinvestment Ratio across 24 annual periods.
Annual Capital Reinvestment Ratio for Morningstar Inc (2002–2025)
Year-by-year Capital Reinvestment Ratio for Morningstar Inc from 2002 to 2025. For live market cap and broader valuation context, see market cap of Morningstar Inc.
| 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 | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow