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. Explore Morningstar Inc capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

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. Also explore MORN asset base for the complete picture of this company's asset base.

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 how much is Morningstar Inc 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