Morningstar Inc (MORN) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.167x

Based on the latest financial reports, Morningstar Inc (MORN) has a cash flow conversion efficiency ratio of 0.167x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($204.00 Million) by net assets ($1.22 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Morningstar Inc - Cash Flow Conversion Efficiency Trend (2002–2025)

This chart illustrates how Morningstar Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read MORN total debt and obligations for a breakdown of total debt and financial obligations.

Morningstar Inc Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Morningstar Inc ranked by their cash flow conversion efficiency.

Company Cash Flow Conversion Efficiency
Linde India Limited
NSE:LINDEINDIA
0.099x
Spring Airlines Co Ltd
SHG:601021
0.145x
HELLENIC TELEC.ORG.ADR1/2
F:OTES
N/A
Yes Bank Limited
NSE:YESBANK
0.131x
NINGBO SHANSHAN GDR/A
F:OJ8
N/A
Gaztransport & Technigaz SAS
PA:GTT
0.372x
Sprouts Farmers Market LLC
NASDAQ:SFM
0.117x
Kirby Corporation
NYSE:KEX
0.092x

Annual Cash Flow Conversion Efficiency for Morningstar Inc (2002–2025)

The table below shows the annual cash flow conversion efficiency of Morningstar Inc from 2002 to 2025. For the full company profile with market capitalisation and key ratios, see MORN company net worth.

Year Net Assets Operating Cash Flow Cash Flow Conversion Efficiency Change
2025-12-31 $1.22 Billion $589.70 Million 0.483x +32.04%
2024-12-31 $1.62 Billion $591.60 Million 0.366x +53.39%
2023-12-31 $1.33 Billion $316.40 Million 0.238x -3.41%
2022-12-31 $1.21 Billion $297.80 Million 0.247x -22.36%
2021-12-31 $1.42 Billion $449.90 Million 0.318x +5.12%
2020-12-31 $1.27 Billion $384.30 Million 0.302x -2.05%
2019-12-31 $1.08 Billion $334.40 Million 0.309x -8.37%
2018-12-31 $934.70 Million $314.80 Million 0.337x +8.39%
2017-12-31 $804.90 Million $250.10 Million 0.311x +1.32%
2016-12-31 $696.80 Million $213.70 Million 0.307x -18.65%
2015-12-31 $640.60 Million $241.50 Million 0.377x +86.58%
2014-12-31 $654.40 Million $132.22 Million 0.202x -25.17%
2013-12-31 $691.29 Million $186.66 Million 0.270x +34.44%
2012-12-31 $726.89 Million $146.00 Million 0.201x +4.34%
2011-12-31 $857.02 Million $164.98 Million 0.193x +21.68%
2010-12-31 $781.42 Million $123.62 Million 0.158x +11.33%
2009-12-31 $676.87 Million $96.18 Million 0.142x -50.08%
2008-12-31 $535.53 Million $152.45 Million 0.285x +3.44%
2007-12-31 $408.30 Million $112.37 Million 0.275x -24.86%
2006-12-31 $269.42 Million $98.68 Million 0.366x +31.33%
2005-12-31 $173.71 Million $48.45 Million 0.279x -45.36%
2004-12-31 $64.38 Million $32.86 Million 0.510x -17.91%
2003-12-31 $47.78 Million $29.70 Million 0.622x +89.67%
2002-12-31 $50.46 Million $16.54 Million 0.328x --

About Morningstar Inc

NASDAQ:MORN USA Financial Data & Stock Exchanges
Market Cap
$6.95 Billion
Market Cap Rank
#2944 Global
#1026 in USA
Share Price
$169.03
Change (1 day)
+0.19%
52-Week Range
$154.01 - $313.93
All Time High
$358.78
About

Morningstar, Inc. provides independent investment insights in the United States, Asia, Australia, Canada, Continental Europe, the United Kingdom, and internationally. The company operates in five segments: Morningstar Data and Analytics; PitchBook; Morningstar Wealth; Morningstar Credit; and Morningstar Retirement. The company offers managed investments, including mutual funds, ETFs, separate acc… Read more