The table below shows Morningstar, Inc.'s cash flow statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Operating cash flow
$589.70M
$591.60M
$316.40M
$297.80M
$449.90M
$384.30M
Capital expenditure
$147.10M
$142.70M
$119.10M
$129.50M
$101.80M
$76.70M
Investing cash flow
-$139.30M
-$21.30M
-$81.90M
-$799.30M
-$167.70M
-$123.80M
Dividends paid
$76.90M
$69.30M
$63.90M
$61.50M
$54.20M
MORN operating cash flow (10-K history)
Morningstar, Inc. reported operating cash flow of $589.70M for fiscal year 2025. That is down 0.3% from $591.60M in fiscal 2024. Over the 10 fiscal years shown, operating cash flow grew from $213.70M (FY 2016) to $589.70M. Figures come from the company's audited annual reports as filed with the SEC.
