XML 61 R49.htm IDEA: XBRL DOCUMENT v3.25.1
Segment and Geographical Area Information (Details) (Table 2) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Reconciliation of Select Segment Information to Consolidated [Line Items]    
Revenue $ 581.9 $ 542.8
Amortization expense (14.4) (17.7)
Business Combination, Acquisition and Integration Related Costs (6.9) (0.5)
Operating income 114.1 92.6
Nonoperating Income (Expense) (5.6) (5.6)
Equity in investments of unconsolidated entities (2.6) (1.5)
Income Loss From Continuing Operations Before Income Taxes Domestic And Foreign 105.9 85.5
Unallocated Corporate Expenses 41.8 40.9
Operating Segments    
Reconciliation of Select Segment Information to Consolidated [Line Items]    
Revenue 530.1 492.0
Reportable Segment Profitability 174.6 152.1
Morningstar Data and Analytics Segment | Operating Segments    
Reconciliation of Select Segment Information to Consolidated [Line Items]    
Reportable Segment Profitability 87.1 91.2
PitchBook Segment | Operating Segments    
Reconciliation of Select Segment Information to Consolidated [Line Items]    
Reportable Segment Profitability 52.3 40.0
Morningstar Credit Segment | Operating Segments    
Reconciliation of Select Segment Information to Consolidated [Line Items]    
Reportable Segment Profitability (0.8) (5.6)
Morningstar Wealth Segment | Operating Segments    
Reconciliation of Select Segment Information to Consolidated [Line Items]    
Reportable Segment Profitability 21.4 12.3
Morningstar Retirement Segment | Operating Segments    
Reconciliation of Select Segment Information to Consolidated [Line Items]    
Reportable Segment Profitability 14.6 14.2
Corporate and Other | Operating Segments    
Reconciliation of Select Segment Information to Consolidated [Line Items]    
Revenue 51.8 50.8
Reportable Segment Profitability (39.2) (41.3)
Sustainalytics    
Reconciliation of Select Segment Information to Consolidated [Line Items]    
Revenue 28.8 30.8
Morningstar Indexes [Member]    
Reconciliation of Select Segment Information to Consolidated [Line Items]    
Revenue $ 23.0 $ 20.0