Morningstar Inc Cash Flow Quality Index
Morningstar Inc 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 MORN operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Morningstar Inc (2002–2025)
Cash flow quality index of Morningstar Inc from 2002 to 2025. Historical Cash Flow Quality Index for Morningstar Inc across 23 annual periods. Values consistently above 1.0x indicate high-quality earnings. See Morningstar Inc (MORN) net asset quality to measure how much of total assets are equity-financed.
Morningstar Inc Cash Flow Quality Index by Year (2002–2025)
Morningstar Inc cash flow quality index by year from 2002 to 2025. Year-by-year earnings quality comparison for Morningstar Inc. For the full cash flow conversion analysis, see Morningstar Inc cash flow conversion.
| 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 | — |