Morningstar Inc (MORN) — Cash Flow Reinvestment Rate

Latest as of March 2026: 0.56x

Morningstar Inc (MORN) has a Cash Flow Reinvestment Rate of 0.56x as of March 2026, reinvesting $51.10 Million (capex $37.90 Million plus investments $13.20 Million) from operating cash flow of $91.50 Million. Check Morningstar Inc cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

0.56x
(Capex + Investments) / Operating CF

Total Reinvested

$51.10 Million
Capex + Investments

Operating Cash Flow

$91.50 Million
USD

Capital Expenditures

$37.90 Million
USD

Morningstar Inc Cash Flow Reinvestment Rate (2002–2025)

Historical reinvestment intensity for Morningstar Inc across 24 annual periods. Explore MORN long-term investments to assets to see how much of total assets are deployed in long-term investments.

Annual Cash Flow Reinvestment Rate for Morningstar Inc (2002–2025)

Year-by-year capital reinvestment analysis for Morningstar Inc. For live market cap and broader valuation context, see MORN company net worth.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.29x $170.40 Million $589.70 Million $147.10 Million ▲ +4.2%
2024 0.28x $164.00 Million $591.60 Million $142.70 Million ▼ -57.5%
2023 0.65x $206.50 Million $316.40 Million $119.10 Million ▲ +27.5%
2022 0.51x $152.40 Million $297.80 Million $129.50 Million ▲ +61.2%
2021 0.32x $142.80 Million $449.90 Million $101.80 Million ▲ +27.5%
2020 0.25x $95.70 Million $384.30 Million $76.70 Million ▼ -13.0%
2019 0.29x $95.70 Million $334.40 Million $80.00 Million ▼ -2.2%
2018 0.29x $92.10 Million $314.80 Million $76.10 Million ▼ -13.0%
2017 0.34x $84.10 Million $250.10 Million $66.60 Million ▼ -13.1%
2016 0.39x $82.70 Million $213.70 Million $62.80 Million ▲ +37.0%
2015 0.28x $68.20 Million $241.50 Million $57.30 Million ▼ -75.0%
2014 1.13x $149.52 Million $132.22 Million $58.32 Million ▲ +240.3%
2013 0.33x $62.02 Million $186.66 Million $33.58 Million ▼ -63.9%
2012 0.92x $134.56 Million $146.00 Million $30.04 Million ▲ +40.0%
2011 0.66x $108.65 Million $164.98 Million $23.32 Million ▲ +451.2%
2010 0.12x $14.77 Million $123.62 Million $14.77 Million ▼ -7.1%
2009 0.13x $12.37 Million $96.18 Million $12.37 Million ▼ -59.6%
2008 0.32x $48.52 Million $152.45 Million $48.52 Million ▲ +215.2%
2007 0.10x $11.35 Million $112.37 Million $11.35 Million ▲ +111.0%
2006 0.05x $4.72 Million $98.68 Million $4.72 Million ▼ -68.9%
2005 0.15x $7.45 Million $48.45 Million $7.45 Million ▼ -34.6%
2004 0.24x $7.73 Million $32.86 Million $7.73 Million ▼ -18.8%
2003 0.29x $8.61 Million $29.70 Million $8.61 Million ▼ -20.0%
2002 0.36x $5.99 Million $16.54 Million $5.99 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow