Morningstar Inc.

MORN | NASDAQ

Price Alert Chart Builder DCF Calculator

$201.93

+$0.46 (+0.23%)

Sep 22, 2026, 9:38 AM ET · Market open

Overview Rating Statistics Financials Earnings Analysts Ownership Dividends Profile

Income Statement Balance Sheet Cashflow Statement Ratios

Annual Quarterly TTM

Fiscal Year Period Ending	FY 2025 Dec 30, 2025	FY 2024 Dec 30, 2024	FY 2023 Dec 30, 2023	FY 2022 Dec 30, 2022	FY 2021 Dec 30, 2021	FY 2020 Dec 30, 2020
Net Income	374.2M	369.9M	141.1M	70.5M	193.3M	223.6M
Depreciation & Amortization	189.9M	190.4M	184.9M	166.6M	150.7M	139.5M
Stock-Based Compensation	n/a	54.7M	52.8M	83.2M	41.9M	36.6M
Other Working Capital	53.8M	113.5M	67.8M	26.6M	131.5M	48.1M
Other Non-Cash Items	38.9M	-81.4M	-58.1M	26.8M	12.5M	-47.6M
Deferred Income Tax	-42.2M	-34.8M	-32.4M	-37.3M	-12.1M	-6.7M
Change in Working Capital	28.9M	92.8M	28.1M	-12M	63.6M	38.9M
Operating Cash Flow	589.7M	591.6M	316.4M	297.8M	449.9M	384.3M
Capital Expenditures	-147.1M	-142.7M	-119.1M	-129.5M	-101.8M	-76.7M
Cash Acquisitions	-39M	52.4M	-800K	-676.1M	-54.6M	-39.3M
Purchase of Investments	-26.3M	-16M	-3.7M	-36.5M	-100.9M	-56.4M
Sales Maturities Of Investments	45.5M	27.1M	31.1M	43M	58.8M	46.9M
Other Investing Acitivies	27.6M	57.9M	10.6M	-200K	30.8M	1.7M
Investing Cash Flow	-139.3M	-21.3M	-81.9M	-799.3M	-167.7M	-123.8M
Debt Repayment	375M	-274.4M	-137.5M	750.9M	-90M	-63.4M
Common Stock Repurchased	-787M	-11.6M	-1.4M	-226M	-1.3M	-41.9M
Dividend Paid	-76.9M	-69.3M	-63.9M	-61.5M	-54.2M	-51.4M
Other Financial Acitivies	-25.8M	-29.1M	-75.6M	-48.3M	-66.5M	-25.5M
Financial Cash Flow	-514.7M	-384.4M	-278.4M	415.1M	-211.8M	-182.2M
Net Cash Flow	-28.2M	164.8M	-38.7M	-107.2M	61.3M	88.4M
Free Cash Flow	442.6M	448.9M	197.3M	168.3M	348.1M	307.6M
Adj. Free Cash Flow	442.6M	394.2M	144.5M	85.1M	306.2M	271M
Maintenance CapEx	-114.38M	-96.74M	-86.25M	-95.56M	-42.09M	-36.82M
Growth CapEx	-32.72M	-45.96M	-32.85M	-33.94M	-59.71M	-39.88M
Owner Earnings	475.32M	494.86M	230.15M	202.24M	407.81M	347.48M