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Morningstar MORN Morningstar Retirement Segment — Goodwill

Other segment segments

PitchBook Segment
$628.7M-0.2%
Morningstar Data and Analytics Segment
$604.2M-1.0%
Corporate and Other
$209.7M+199%
Morningstar Credit Segment
$118M-1.8%
Morningstar Wealth Segment
$91.5M-3.1%

Similar metrics at other companies

Ameriprise Financial logo
AMPRetirement & Protection Solutions — Goodwill
$91M0.0%
NBT
NBTBRetirement Plan Administration — Goodwill
$23.88M0.0%
Alerus Financial Corporation logo
ALRSRetirement And Benefit Services — Goodwill
$11.52M0.0%
Home Depot logo
HDPrimary Segment — Goodwill
$8.59B+0.8%
Ferguson Enterprises logo
FERGCanada Segment — Goodwill
$188M+7.4%
PVH logo
PVHAmericas Segment — Goodwill
$0

Other financials

Income statement

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Revenue$663.2M+9.6%
Gross profit$423.9M+13.2%
Operating income$160.6M+28.4%
Net income$107.8M+21.1%
EPS (diluted)$2.83+35.4%

Balance sheet

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Cash & equivalents$489.5M-2.8%
Total debt$1.9B+86.0%
Total equity$1.0B-36.6%
Total assets$3.9B+8.7%

Cash flow

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Operating cash flow$155.7M+57.3%
CapEx$33.2M-9.3%
Free cash flow$122.5M+96.3%

Valuation

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Market cap$7.48B-32.8%
Enterprise value$8.91B-23.4%
P/E17.7×-9.8×
P/S2.9×-1.8×

Profitability

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Gross margin62.2%+1.3pp
Operating margin23.5%+1.3pp
Net margin16.4%-0.8pp
FCF margin19.4%+2.8pp

Returns & leverage

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Return on equity32%+5.4pp
Debt / equity1.9×+1.2×
Current ratio1.1×-0.1×

Where this comes from

Reported directly by Morningstar in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The source filing: Morningstar’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:27 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001289419-26-000041
(in millions)Morningstar Direct PlatformPitch BookMorningstar CreditMorningstar WealthMorningstar RetirementTotal Reportable SegmentsCorporate and All OtherTotal
Balance as of December 31, 2025$608.6$628.7$119.6$90.3$93.5$1,540.7$70.1$1,610.8
Acquisition of CRSP139.9139.9
Foreign currency translation and other(4.4)(1.6)1.2(4.8)(0.3)(5.1)
Balance as of June 30, 2026$604.2$628.7$118.0$91.5$93.5$1,535.9$209.7$1,745.6

Item 1.Financial Statements

FAQ

What is Morningstar's morningstar retirement segment — goodwill?
Morningstar (MORN) reported morningstar retirement segment — goodwill of $93.5M in Q2 2026.
How has Morningstar's morningstar retirement segment — goodwill changed year-over-year?
Morningstar's morningstar retirement segment — goodwill decreased by 0.0% year-over-year, from $93.5M to $93.5M.
What does morningstar retirement segment — goodwill mean?
Represents the total carrying value of goodwill associated with the retirement segment, reflecting the premium paid over the fair value of net identifiable assets during acquisitions. This metric serves as an indicator of the segment's historical investment in inorganic growth and market consolidation.

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