What is Morningstar's pitchbook segment — goodwill?

Morningstar (MORN) reported pitchbook segment — goodwill of $628.7M in Q1 2026.

How has Morningstar's pitchbook segment — goodwill changed year-over-year?

Morningstar's pitchbook segment — goodwill decreased by 0.2% year-over-year, from $629.8M to $628.7M.

What does pitchbook segment — goodwill mean?

Represents the total carrying value of goodwill allocated to the specific business segment. This asset reflects the premium paid over the fair value of net identifiable assets during acquisitions, serving as an indicator of historical inorganic growth and market consolidation within the segment.

Morningstar MORN PitchBook Segment — Goodwill

Other segment segments

Morningstar Data and Analytics Segment

$605.3M+1.1%

Corporate and Other

$209.6M+202%

Morningstar Credit Segment

$118.7M+2.1%

Morningstar Retirement Segment

$93.5M0.0%

Morningstar Wealth Segment

$91.4M-1.8%

Similar metrics at other companies

UFPIAll Other Segments — Goodwill

$23.22M+5.8%

ESABAmericas Business Segment — Goodwill

$647.02M+2.7%

GATXOther Business Segments — Goodwill

$42M+13.5%

YUMCAll Other Segments — Goodwill

$75M+4.2%

AITService Center Segment — Goodwill

$221.71M+1.0%

SPXCCost of products sold — Goodwill

$366.2M+1.4%

Other financials

Income statement

See full

Revenue$644.8M+10.8%

Gross profit$405.9M+15.8%

Operating income$155.9M+36.6%

Net income$107.1M+36.4%

EPS (diluted)$2.73+50.0%

Balance sheet

See full

Cash & equivalents$492.8M-3.7%

Total debt$1.9B+91.9%

Total equity$1.0B-36.7%

Total assets$4.0B+11.2%

Cash flow

See full

Operating cash flow$91.5M+0.5%

CapEx$37.9M+17.7%

Free cash flow$53.6M-8.8%

Valuation

See full

Market cap$5.84B-49.2%

Enterprise value$7.28B-40.4%

P/E14.5×-15.5×

P/S2.3×-2.6×

Profitability

See full

Gross margin61.7%+1.0pp

Operating margin22.7%+0.8pp

Net margin16.1%-0.5pp

FCF margin17.4%-1.9pp

Returns & leverage

See full

Return on equity30.7%+5.0pp

Debt / equity1.9×+1.3×

Current ratio1×-0.1×

Where this comes from

Reported directly by Morningstar in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: Morningstar’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Morningstar's pitchbook segment — goodwill?: Morningstar (MORN) reported pitchbook segment — goodwill of $628.7M in Q1 2026.
How has Morningstar's pitchbook segment — goodwill changed year-over-year?: Morningstar's pitchbook segment — goodwill decreased by 0.2% year-over-year, from $629.8M to $628.7M.
What does pitchbook segment — goodwill mean?: Represents the total carrying value of goodwill allocated to the specific business segment. This asset reflects the premium paid over the fair value of net identifiable assets during acquisitions, serving as an indicator of historical inorganic growth and market consolidation within the segment.