Morningstar, Inc. Free Cash Flow 2008–2025
Morningstar, Inc. reported $442.60M of free cash flow for fiscal 2025. That was 1.4% lower than fiscal 2024. Compared with fiscal 2020, the change was +43.9%.
| Fiscal year | Free Cash Flow | Change (YoY) |
|---|---|---|
| FY 2025 | $442.60M | -1.4% |
| FY 2024 | $448.90M | +127.5% |
| FY 2023 | $197.30M | +17.2% |
| FY 2022 | $168.30M | -51.7% |
| FY 2021 | $348.10M | +13.2% |
| FY 2020 | $307.60M | +20.9% |
| FY 2019 | $254.40M | +6.6% |
| FY 2018 | $238.70M | +30.1% |
| FY 2017 | $183.50M | +21.6% |
| FY 2016 | $150.90M | -18.1% |
| FY 2015 | $184.20M | +135.2% |
| FY 2014 | $78.30M | -48.9% |
| FY 2013 | $153.10M | +32.0% |
| FY 2012 | $115.96M | -18.1% |
| FY 2011 | $141.65M | +30.4% |
| FY 2010 | $108.64M | +22.2% |
| FY 2009 | $88.88M | -40.5% |
| FY 2008 | $149.34M | — |
Source: Morningstar, Inc. SEC filings — cash flow statement (10-K). Computed deterministically; refreshed nightly (last updated August 2, 2026). Open MORN 10-K filings at SEC EDGAR · Methodology · Download CSV.
How to read this history
Morningstar, Inc. reported $442.60M of free cash flow for fiscal 2025. That was 1.4% lower than fiscal 2024. Compared with fiscal 2020, the change was +43.9%. Values remain missing when the cached filing does not disclose a comparable line item; they are never estimated. Stock splits, reorganizations and fiscal-calendar changes can reduce comparability.
Prepared and reviewed by the stockportfolio.pro research desk. Corrections: support@stockportfolio.pro.
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What is Morningstar, Inc.'s free cash flow?
Morningstar, Inc. (MORN) reported free cash flow of $442.60M for fiscal year 2025, per its SEC filings.
How has Morningstar, Inc.'s free cash flow changed over time?
Between fiscal 2008 and 2025, MORN's free cash flow grew at roughly 6.6% per year (compound annual rate), from $149.34M to $442.60M.
Where does this data come from?
Figures are computed from Morningstar, Inc.'s official SEC filings (cash flow statement (10-K)), refreshed nightly. Not investment advice.