MORNINGSTAR, INC.
Returns on Capital
| Fiscal Year | ROE | ROI | ROA |
|---|---|---|---|
| FY2016 | 23.1% | 23.1% | 11.9% |
| FY2017 | 17.0% | 17.0% | 9.7% |
| FY2018 | 19.6% | 18.2% | 12.6% |
| FY2019 | 14.0% | 9.6% | 6.4% |
| FY2020 | 17.6% | 13.0% | 8.3% |
| FY2021 | 13.7% | 10.9% | 6.8% |
| FY2022 | 5.8% | 3.0% | 2.0% |
| FY2023 | 10.6% | 6.1% | 4.1% |
| FY2024 | 22.9% | 16.0% | 10.4% |
| FY2025 | 30.6% | 16.3% | 10.4% |