Company / Free Cash Flow per Share
Morningstar, Inc. Free Cash Flow per Share History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Free Cash Flow per Share
$10.32
FY2025
5-year range
$4.64 / $10.51
FY2021-FY2025
Trend
-1.7%
vs FY2024
Sector context
#58 of 289
Financials
What the data says
Morningstar, Inc.'s free cash flow per share of $10.32 is higher than 80% of companies in the Financials sector (FY2025). Free Cash Flow per Share has fluctuated over the past 10 years, ranging from $1.80 in FY2016 to $10.51 in FY2024.
Based on SEC 10-K filings.
10.32 in FY2025 with a 5-year CAGR of +13.1%. Top quartile in the Financials sector.
Improved from $4.64 to $10.32 over the past 2 years.
Financials sector context is included.
Free Cash Flow per Share over time
Growth rates
- 3-Year CAGR
- +13.1%
- 5-Year CAGR
- +13.1%
- 10-Year CAGR
- -
Sector benchmark
+1185.1% above sector average
Key checks
Key Insights
- In FY2025, free cash flow per share decreased 1.7% year-over-year.
- Ranks #58 out of 289 companies in the Financials sector.
- Peak free cash flow per share was recorded in FY2024.
- Lowest free cash flow per share in the period was in FY2016.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
- Strong return on equity: 24.8%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Free Cash Flow per ShareValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $10.32 | -1.7% |
| FY2024 | $10.51 | +126.2% |
| FY2023 | $4.64 | -34.9% |
| FY2022 | $7.13 | +20.2% |
| FY2021 | $5.93 | +6.5% |
| FY2020 | $5.57 | +41.5% |
| FY2019 | $3.94 | -29.8% |
| FY2018 | $5.61 | +30.8% |
| FY2017 | $4.29 | +137.8% |
| FY2016 | $1.80 | -47.7% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026