Morningstar (MORN) Price to FCF (2009 - 2026)
Morningstar's (MORN) Price to FCF stood at 14.31 in Q3 2026, down 41.4% from 24.44 a year earlier but up 21.6% from the prior quarter.
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Analysis
Morningstar (MORN) Price to FCF (2009 - 2026) Analysis & Trends
For FY2025, Morningstar's Price to FCF came in at 19.51, down 39.3% from FY2024.
- Across earlier years, Price to FCF came in at 32.16 in FY2024 (-48.1%), 61.99 in FY2023 (+13.4%), 54.67 in FY2022 (+29.0%) and 42.38 in FY2021 (+31.2%).
- Quarterly Price to FCF has ranged from 11.76 in Q2 2026 to 67.50 in Q2 2023 over the past five years.
- On a year-over-year basis, Price to FCF has declined for five consecutive quarters, with an average decline of 37.8% over the last eight quarters.
- Peak year-over-year performance for Price to FCF in the last five years was growth of 51.5% in Q2 2023, against a decline of 65.4% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 11.76 (Q2 2026), 14.70 (Q1 2026) and 19.51 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Msci | 235.55 Bn | 234.03 Bn | 739.80 Mn |
| 2 | S&P Global | 137.22 Bn | 132.42 Bn | 2.64 Bn |
| 3 | Moodys | 88.04 Bn | 81.11 Bn | 1.50 Bn |
| 4 | Verisk Analytics | 26.17 Bn | 22.36 Bn | 567.00 Mn |
| 5 | Equifax | 22.05 Bn | 21.44 Bn | 940.10 Mn |
| 6 | TransUnion | 15.64 Bn | 12.48 Bn | - |
| 7 | Factset Research Systems | 11.49 Bn | 10.35 Bn | 308.40 Mn |
| 8 | Morningstar | 9.15 Bn | 7.04 Bn | 431.40 Mn |
| 9 | Mastercard | 570.55 Bn | 530.63 Bn | - |
| 10 | Cme | 110.48 Bn | 98.81 Bn | 359.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 14.31 |
| Jun 30, 2026 | 11.76 |
| Mar 31, 2026 | 14.70 |
| Dec 31, 2025 | 19.51 |
| Sep 30, 2025 | 24.44 |
| Jun 30, 2025 | 33.97 |
| Mar 31, 2025 | 28.44 |
| Dec 31, 2024 | 32.16 |
| Sep 30, 2024 | 30.83 |
| Jun 30, 2024 | 32.54 |
| Mar 31, 2024 | 50.14 |
| Dec 31, 2023 | 61.99 |
| Sep 30, 2023 | 63.75 |
| Jun 30, 2023 | 67.50 |
| Mar 31, 2023 | 51.82 |
| Dec 31, 2022 | 54.67 |
| Sep 30, 2022 | 43.65 |
| Jun 30, 2022 | 44.56 |
| Mar 31, 2022 | 38.67 |
| Dec 31, 2021 | 42.38 |
API Access
Morningstar Price to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-fcf&ticker=MORN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-fcf", "ticker": "MORN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-fcf&ticker=MORN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();