Morningstar MORN
NASDAQ MORN
$198.09 -2.44 (-1.22%)
As of: Sep 9, 2026 · 3:59 PM EDT

Morningstar (MORN) Price to FCF (2009 - 2026)

Morningstar's (MORN) quarterly Price to FCF came in at 47.78 in Q2 2026, down 77.48% year-over-year from 212.19 in Q2 2025, and down 60.16% quarter-over-quarter from 119.94 in Q1 2026.

Analysis

Morningstar (MORN) Price to FCF (2009 - 2026) Analysis & Trends

Morningstar (MORN) has reported Price to FCF for 18 consecutive years, with 47.78 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Price to FCF fell 77.48% year-over-year to 47.78 in Q2 2026; TTM through Jun 2026 was 11.76, a 65.37% decrease from a year earlier, with the FY2025 full-year figure at 19.51, down 39.33% from the prior year.
  • Price to FCF was 47.78 for Q2 2026 at Morningstar, down from 119.94 in the prior quarter.
  • Over five years, Price to FCF peaked at 277.73 in Q2 2022 and troughed at 2596.19 in Q1 2022.
  • A 5-year average of 191.31 and a median of 109.19 in 2023 frame the typical range for Price to FCF.
  • The widest YoY moves for Price to FCF: up 172.14% in 2022, down 1214.81% in 2022.
  • Over 5 years, Price to FCF stood at 136.51 in 2022, then retreated by 16.89% to 113.46 in 2023, then climbed by 12.81% to 127.98 in 2024, then slumped by 58.17% to 53.54 in 2025, then retreated by 10.76% to 47.78 in 2026.
  • The last three Price to FCF figures came in at 47.78 (Q2 2026), 119.94 (Q1 2026), and 53.54 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 S&P Global 124.03 Bn 119.89 Bn 2.98 Bn
2 Moodys 82.83 Bn 81.34 Bn 1.67 Bn
3 Msci 40.50 Bn 40.15 Bn 717.10 Mn
4 Verisk Analytics 23.26 Bn 22.71 Bn 572.90 Mn
5 Factset Research Systems 10.11 Bn 9.81 Bn 310.73 Mn
6 Morningstar 7.50 Bn 6.97 Bn 423.90 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 47.78
Mar 31, 2026 119.94
Dec 31, 2025 53.54
Sep 30, 2025 60.15
Jun 30, 2025 212.19
Mar 31, 2025 216.75
Dec 31, 2024 127.98
Sep 30, 2024 87.84
Jun 30, 2024 104.92
Mar 31, 2024 221.54
Dec 31, 2023 113.46
Sep 30, 2023 98.64
Jun 30, 2023 -1,441.91
Mar 31, 2023 -1,416.25
Dec 31, 2022 136.51
Sep 30, 2022 131.84
Jun 30, 2022 277.73
Mar 31, 2022 -2,596.19
Dec 31, 2021 139.57
Sep 30, 2021 120.82