Free cash flow · 2011–2025
Morningstar free cash flow
$443M−1.4% · FY2025
Morningstar (MORN) reported $443M in free cash flow for fiscal 2025, −1.4% year on year.
| Fiscal year | Free cash flow | Change | Filing |
|---|---|---|---|
| FY2025 | $443M | −1.4% | Derived |
| FY2024 | $449M | +127.5% | Derived |
| FY2023 | $197M | +17.2% | Derived |
| FY2022 | $168M | −51.7% | Derived |
| FY2021 | $348M | +13.2% | Derived |
| FY2020 | $308M | +20.9% | Derived |
| FY2019 | $254M | +6.6% | Derived |
| FY2018 | $239M | +30.1% | Derived |
| FY2017 | $184M | +21.6% | Derived |
| FY2016 | $151M | −18.1% | Derived |
| FY2015 | $184M | +135.2% | Derived |
| FY2014 | $78.3M | −48.9% | Derived |
| FY2013 | $153M | +32.0% | Derived |
| FY2012 | $116M | −18.1% | Derived |
| FY2011 | $142M | — | Derived |
Free cash flow — Free cash flow is operating cash flow minus capital expenditure: what is left once the company has paid to maintain and expand its asset base. We calculate it from two lines in the same filing, and a company is only ranked here if it reported both.
Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +8.5%
Calculated from two reported figures, so it has no single filing of its own.
Free cash flow at companies of similar size
Cite this page
Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
{{cite web |title=Morningstar free cash flow |url=https://companiesranked.com/en/company/morningstar/free-cash-flow |website=CompaniesRanked |date=2026-09-25 |language=en}}APA 7
CompaniesRanked. (September 25, 2026). Morningstar free cash flow. CompaniesRanked. https://companiesranked.com/en/company/morningstar/free-cash-flowBibTeX
@misc{companiesranked-en-company-morningstar-free-cash-flow-2026,
author = {{CompaniesRanked}},
title = {{Morningstar free cash flow}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/morningstar/free-cash-flow}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.