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Income Statement
Balance Sheet
Cash Flow Statement
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Common Size IS
Op Efficiency
Credit Analysis

Morningstar, Inc. (MORN)

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Net income  70.5193.3223.6152.0183.0136.9161.0132.6
Depreciation and amortization  166.6150.7139.5117.796.791.270.764.4
Stock-based compensation  83.241.936.644.431.724.114.517.4
Deferred taxes  -37.3-12.1-6.7-6.0-1.1-14.14.72.9
Change in working capital   [+]8.569.439.748.18.232.04.025.7
Other operating activities  6.36.7-48.4-21.8-3.7-20.0-41.2-1.5
Cash from operations  297.8449.9384.3334.4314.8250.1213.7241.5
   
Capital expenditures  -129.5-101.8-76.7-80.0-76.1-66.6-62.8-57.3
Acquisitions  -646.7-24.8-67.8-681.9-0.4-1.0-191.6-11.1
Purchases of short-term investments, net  -36.5-71.1-56.4-36.2-35.7  30.0
Other cash from investing  13.430.077.151.862.36.8-19.8-41.1
Cash from investing  -799.3-167.7-123.8-746.3-49.9-60.8-274.2-79.5
   
Cash dividends paid  -61.5-54.2-51.4-47.8-42.6-39.3-37.9-33.7
Repurchase of common stock, net  -226.0-1.3308.1-4.9-20.9-42.3-48.8-97.0
Option exercises   0.21.90.20.10.20.43.9
Other cash from financing  702.6-156.1-437.0426.6-125.2-75.7210.87.1
Cash from financing  415.1-211.8-182.2373.7-188.8-157.5123.7-127.5
   
Free cash flow  168.3348.1307.6254.4238.7183.5150.9184.2
        Per share (diluted)  $3.92$8.02$7.12$5.89$5.55$4.27$3.48$4.16
   
Cash paid for interest  28.410.411.111.03.75.41.20.4
Cash paid for income taxes  75.380.958.263.367.047.158.050.1

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