Morningstar Inc (MORN) — Cash Flow Reinvestment Rate
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. See Morningstar Inc (MORN) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Morningstar Inc Cash Flow Reinvestment Rate (2002–2025)
Historical reinvestment intensity for Morningstar Inc across 24 annual periods. For the full cash flow conversion analysis, see Morningstar Inc (MORN) cash conversion ratio.
Annual Cash Flow Reinvestment Rate for Morningstar Inc (2002–2025)
Year-by-year capital reinvestment analysis for Morningstar Inc. See MORN free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
| 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 | — |