Morningstar (MORN) FCF Margin (2009 - 2026)

Morningstar (MORN) has reported FCF Margin for 18 consecutive years, with 18.47% the latest figure, recorded in Q2 2026.

• On a quarterly basis, FCF Margin rose 816.0% year-over-year to 18.47% in Q2 2026; TTM through Jun 2026 was 19.38%, a 278.0% increase from a year earlier, with the FY2025 full-year figure at 18.1%, down 163.0% from the prior year.
• FCF Margin was 18.47% for Q2 2026 at Morningstar, up from 8.31% in the prior quarter.
• Over five years, FCF Margin peaked at 27.36% in Q3 2024 and troughed at 1.27% in Q1 2023.
• A 5-year average of 13.88% and a median of 14.4% in 2022 frame the typical range for FCF Margin.
• Across the five-year window, FCF Margin slumped 1825 bps in 2022 and surged 2227 bps in 2024, its largest moves.
• Over 5 years, FCF Margin stood at 14.19% in 2022, then jumped by 41 bps to 20.01% in 2023, then dropped by 5 bps to 19.09% in 2024, then jumped by 32 bps to 25.16% in 2025, then retreated by 27 bps to 18.47% in 2026.
• The last three FCF Margin figures came in at 18.47% (Q2 2026), 8.31% (Q1 2026), and 25.16% (Q4 2025), per Business Quant data.