Morningstar Inc (MORN) — Cash Flow Quality Index
Morningstar Inc (MORN) has a Cash Flow Quality Index of 0.85x as of March 2026. Operating cash flow of $91.50 Million is below net income of $107.10 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore cash efficiency ratio of Morningstar Inc to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Morningstar Inc Cash Flow Quality Index (2002–2025)
Historical Cash Flow Quality Index for Morningstar Inc across 23 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Morningstar Inc (MORN) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Morningstar Inc (2002–2025)
Year-by-year earnings quality comparison for Morningstar Inc. For live market cap and the full company financial profile, see how much is Morningstar Inc worth.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.58x | $589.70 Million | $374.20 Million | ▼ -1.5% |
| 2024 | 1.60x | $591.60 Million | $369.90 Million | ▼ -28.7% |
| 2023 | 2.24x | $316.40 Million | $141.10 Million | ▼ -46.9% |
| 2022 | 4.22x | $297.80 Million | $70.50 Million | ▲ +81.5% |
| 2021 | 2.33x | $449.90 Million | $193.30 Million | ▲ +35.4% |
| 2020 | 1.72x | $384.30 Million | $223.60 Million | ▼ -21.9% |
| 2019 | 2.20x | $334.40 Million | $152.00 Million | ▲ +27.9% |
| 2018 | 1.72x | $314.80 Million | $183.00 Million | ▼ -5.8% |
| 2017 | 1.83x | $250.10 Million | $136.90 Million | ▲ +37.6% |
| 2016 | 1.33x | $213.70 Million | $161.00 Million | ▼ -27.0% |
| 2015 | 1.82x | $241.50 Million | $132.80 Million | ▲ +7.6% |
| 2014 | 1.69x | $132.22 Million | $78.26 Million | ▲ +11.7% |
| 2013 | 1.51x | $186.66 Million | $123.41 Million | ▲ +6.5% |
| 2012 | 1.42x | $146.00 Million | $102.77 Million | ▼ -15.3% |
| 2011 | 1.68x | $164.98 Million | $98.31 Million | ▲ +17.4% |
| 2010 | 1.43x | $123.62 Million | $86.46 Million | ▲ +22.4% |
| 2009 | 1.17x | $96.18 Million | $82.32 Million | ▼ -29.1% |
| 2008 | 1.65x | $152.45 Million | $92.53 Million | ▲ +8.4% |
| 2007 | 1.52x | $112.37 Million | $73.92 Million | ▼ -20.3% |
| 2006 | 1.91x | $98.68 Million | $51.76 Million | ▲ +22.4% |
| 2005 | 1.56x | $48.45 Million | $31.12 Million | ▼ -58.3% |
| 2004 | 3.73x | $32.86 Million | $8.81 Million | ▼ -89.9% |
| 2002 | 37.09x | $16.54 Million | $446.00K | — |