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Morningstar Inc (NAS:MORN)
3-Year Average Buyback Ratio
4.10 (As of Sep. 2015)

This is the average share buyback rate of the company over the past 3 years. A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.

MORN' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -6.8   Max: 4.1
Current: 4.1

-6.8
4.1

During the past 13 years, Morningstar Inc's highest 3-Year Average Share Buyback Ratio was 4.10. The lowest was -6.80. And the median was -1.40.

MORN's 3-Year Average Buyback Ratio is ranked higher than
95% of the 438 Companies
in the Global Business Services industry.

( Industry Median: -1.40 vs. MORN: 4.10 )

Definition

This is the average share buyback rate of the company over the past 3 years.


Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.


Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.


Related Terms

Net Income

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