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Morningstar MORN Gain on sale of customer assets

Gain on sale of customer assets at other companies

Nasdaq, Inc. logo
Nasdaq, Inc.NDAQ
$89M
PayPal Holdings, Inc. logo
PayPal Holdings, Inc.PYPL
$0
Murphy Oil logo
Murphy OilMUR
$1.2M-50.9%
Hewlett Packard Enterprise logo
Hewlett Packard EnterpriseHPE
$0
3M logo
3MMMM
-$7M
Coeur Mining logo
Coeur MiningCDE
$25K-86.6%

Other financials

Income statement

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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

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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

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Operating cash flow$91.5M+0.5%
CapEx$37.9M+17.7%
Free cash flow$53.6M-8.8%

Valuation

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Market cap$5.84B-49.2%
Enterprise value$7.28B-40.4%
P/E14.5×-15.5×
P/S2.3×-2.6×

Profitability

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Gross margin61.7%+1.0pp
Operating margin22.7%+0.8pp
Net margin16.1%-0.5pp
FCF margin17.4%-1.9pp

Returns & leverage

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Return on equity30.7%+5.0pp
Debt / equity1.9×+1.3×
Current ratio-0.1×

Where this comes from

Reported directly by Morningstar in its filing.

Tagged under the XBRL concept morn:GainOrLossOnDispositionOfAssets.

The official record: Morningstar’s 10-K, filed February 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Morningstar's gain on sale of customer assets?
Morningstar (MORN) reported gain on sale of customer assets of $5.68M in Q4 2025.
How has Morningstar's gain on sale of customer assets changed year-over-year?
Morningstar's gain on sale of customer assets decreased by 64.5% year-over-year, from $16M to $5.68M.
What does gain on sale of customer assets mean?
This represents the net financial impact resulting from the sale or disposal of specific customer-related assets or business units. It reflects non-recurring gains or losses that fall outside of standard core operations. Investors analyze this to distinguish between sustainable operational profitability and one-time events.