Morningstar Inc (MORN) — Free Cash Flow Generation Index
Morningstar Inc (MORN) has a Free Cash Flow Generation Index of 0.59x as of March 2026. Free cash flow of $53.60 Million represents 1% of operating cash flow ($91.50 Million). Read debt load of Morningstar Inc for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Morningstar Inc Free Cash Flow Generation Index (2002–2025)
Historical FCF Generation Index trend for Morningstar Inc across 24 annual periods. Explore MORN capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Morningstar Inc (2002–2025)
Year-by-year Free Cash Flow Generation Index for Morningstar Inc. For the full company profile including market capitalisation, see Morningstar Inc (MORN) market capitalisation.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.75x | $442.60 Million | $589.70 Million | $147.10 Million | ▼ -1.1% |
| 2024 | 0.76x | $448.90 Million | $591.60 Million | $142.70 Million | ▲ +21.7% |
| 2023 | 0.62x | $197.30 Million | $316.40 Million | $119.10 Million | ▲ +10.3% |
| 2022 | 0.57x | $168.30 Million | $297.80 Million | $129.50 Million | ▼ -27.0% |
| 2021 | 0.77x | $348.10 Million | $449.90 Million | $101.80 Million | ▼ -3.3% |
| 2020 | 0.80x | $307.60 Million | $384.30 Million | $76.70 Million | ▲ +5.2% |
| 2019 | 0.76x | $254.40 Million | $334.40 Million | $80.00 Million | ▲ +0.3% |
| 2018 | 0.76x | $238.70 Million | $314.80 Million | $76.10 Million | ▲ +3.3% |
| 2017 | 0.73x | $183.50 Million | $250.10 Million | $66.60 Million | ▲ +3.9% |
| 2016 | 0.71x | $150.90 Million | $213.70 Million | $62.80 Million | ▼ -7.4% |
| 2015 | 0.76x | $184.20 Million | $241.50 Million | $57.30 Million | ▲ +36.5% |
| 2014 | 0.56x | $73.90 Million | $132.22 Million | $58.32 Million | ▼ -31.8% |
| 2013 | 0.82x | $153.07 Million | $186.66 Million | $33.58 Million | ▲ +3.3% |
| 2012 | 0.79x | $115.96 Million | $146.00 Million | $30.04 Million | ▼ -7.5% |
| 2011 | 0.86x | $141.65 Million | $164.98 Million | $23.32 Million | ▼ -2.5% |
| 2010 | 0.88x | $108.85 Million | $123.62 Million | $14.77 Million | ▲ +1.0% |
| 2009 | 0.87x | $83.81 Million | $96.18 Million | $12.37 Million | ▲ +27.8% |
| 2008 | 0.68x | $103.93 Million | $152.45 Million | $48.52 Million | ▼ -24.2% |
| 2007 | 0.90x | $101.02 Million | $112.37 Million | $11.35 Million | ▼ -5.6% |
| 2006 | 0.95x | $93.95 Million | $98.68 Million | $4.72 Million | ▲ +12.5% |
| 2005 | 0.85x | $40.99 Million | $48.45 Million | $7.45 Million | ▲ +10.6% |
| 2004 | 0.76x | $25.13 Million | $32.86 Million | $7.73 Million | ▲ +7.7% |
| 2003 | 0.71x | $21.10 Million | $29.70 Million | $8.61 Million | ▲ +11.3% |
| 2002 | 0.64x | $10.55 Million | $16.54 Million | $5.99 Million | — |