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S&P Global Inc. logo

S&P Global Inc.

SPGI

NYSEFinancial ServicesFinancial - Data & Stock Exchanges

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Regular session

$436.47

+$5.18 · +1.20%

Aug 24, 11:00 AM ET

SPGI company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

66

Undervalued

Momentum

56

Neutral

Sentiment

68

Bullish

Risk resilience

59

Elevated Risk

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AI-generated, informational only, and not investment advice.

Company profile

Industry
Financial - Data & Stock Exchanges
Sector
Financial Services
Headquarters
US

Market position

Day range

Current $436.47

52-week range

Current $436.47

Open
$431.95
Previous close
$431.29
Volume
378.53K
Market cap
128.67B USD
50-day average
$416.73
+4.74% above average
200-day average
$431.62
+1.12% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
171.74B USD
P/E (TTM)
26.57×
P/B (TTM)
4.08×
P/S (TTM)
7.98×
EV / EBITDA
22.32×
Earnings yield
2.81%
Free cash flow yield
3.43%
Dividend yield
0.88%

Profitability & efficiency

Gross margin
70.90%
Operating margin
46.27%
Net margin
30.53%
Return on equity
14.31%
Return on assets
7.31%
Return on invested capital
9.22%

Financial health

Debt / equity
0.5×
Current ratio
0.82×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends79%58%37%16%Gross margin, FY2021: 73.73%Gross margin, FY2022: 66.43%Gross margin, FY2023: 66.86%Gross margin, FY2024: 69.09%Gross margin, FY2025: 70.25%Operating margin, FY2021: 50.87%Operating margin, FY2022: 44.22%Operating margin, FY2023: 32.17%Operating margin, FY2024: 39.27%Operating margin, FY2025: 42.24%Net margin, FY2021: 36.45%Net margin, FY2022: 29.05%Net margin, FY2023: 21.01%Net margin, FY2024: 27.11%Net margin, FY2025: 29.15%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 73.73%. Gross margin FY2022 66.43%. Gross margin FY2023 66.86%. Gross margin FY2024 69.09%. Gross margin FY2025 70.25%. Operating margin FY2021 50.87%. Operating margin FY2022 44.22%. Operating margin FY2023 32.17%. Operating margin FY2024 39.27%. Operating margin FY2025 42.24%. Net margin FY2021 36.45%. Net margin FY2022 29.05%. Net margin FY2023 21.01%. Net margin FY2024 27.11%. Net margin FY2025 29.15%.

Income trends

Revenue

15.34B USD+7.94%

Operating income

6.48B USD+16.09%

Net income

4.47B USD+16.07%
Income trends across reported periods16.61B USD11.52B USD6.44B USD1.36B USDRevenue, FY2021: 8.3B USDRevenue, FY2022: 11.18B USDRevenue, FY2023: 12.5B USDRevenue, FY2024: 14.21B USDRevenue, FY2025: 15.34B USDOperating income, FY2021: 4.22B USDOperating income, FY2022: 4.94B USDOperating income, FY2023: 4.02B USDOperating income, FY2024: 5.58B USDOperating income, FY2025: 6.48B USDNet income, FY2021: 3.02B USDNet income, FY2022: 3.25B USDNet income, FY2023: 2.63B USDNet income, FY2024: 3.85B USDNet income, FY2025: 4.47B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 8.3B USD. Revenue FY2022 11.18B USD. Revenue FY2023 12.5B USD. Revenue FY2024 14.21B USD. Revenue FY2025 15.34B USD. Operating income FY2021 4.22B USD. Operating income FY2022 4.94B USD. Operating income FY2023 4.02B USD. Operating income FY2024 5.58B USD. Operating income FY2025 6.48B USD. Net income FY2021 3.02B USD. Net income FY2022 3.25B USD. Net income FY2023 2.63B USD. Net income FY2024 3.85B USD. Net income FY2025 4.47B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue15.34B USD14.21B USD12.5B USD11.18B USD8.3B USD
Cost of goods sold4.56B USD4.39B USD4.14B USD3.75B USD2.18B USD
Gross profit10.77B USD9.82B USD8.36B USD7.43B USD6.12B USD
Selling, general, and administrative3.42B USD3.17B USD3.16B USD3.4B USD1.73B USD
Operating expenses4.3B USD4.24B USD4.34B USD2.48B USD1.9B USD
Interest expense287M USD297M USD334M USD304M USD119M USD
Depreciation and amortization1.18B USD1.17B USD1.14B USD1.01B USD178M USD
Operating income6.48B USD5.58B USD4.02B USD4.94B USD4.22B USD
Net income4.47B USD3.85B USD2.63B USD3.25B USD3.02B USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
82%
9 beats, 2 misses, 0 met estimates
Average EPS surprise
+4.89%
11 comparable reports
Latest EPS result
4.83
Estimate 4.81 · Beat by 0.42%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates5.024.443.863.28Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 11, 2025: actual 3.77, estimate 3.47, surprise +8.65%, Beat. Q2 2025, reported Apr 29, 2025: actual 4.37, estimate 4.2, surprise +4.05%, Beat. Q3 2025, reported Jul 31, 2025: actual 4.43, estimate 4.21, surprise +5.23%, Beat. Q4 2025, reported Oct 30, 2025: actual 4.73, estimate 4.42, surprise +7.01%, Beat. Q1 2026, reported Feb 10, 2026: actual 4.3, estimate 4.33, surprise -0.69%, Miss. Q2 2026, reported Apr 28, 2026: actual 4.7, estimate 4.58, surprise +2.62%, Beat. Q3 2026, reported Jul 28, 2026: actual 4.83, estimate 4.81, surprise +0.42%, Beat. Q4 2026, reported Oct 29, 2026: actual —, estimate 4.43, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates4.34B4B3.67B3.33BQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 11, 2025: actual 3.59B USD, estimate 3.5B USD, surprise +2.68%, Beat. Q2 2025, reported Apr 29, 2025: actual 3.78B USD, estimate 3.7B USD, surprise +2.13%, Beat. Q3 2025, reported Jul 31, 2025: actual 3.76B USD, estimate 3.67B USD, surprise +2.24%, Beat. Q4 2025, reported Oct 30, 2025: actual 3.89B USD, estimate 3.83B USD, surprise +1.52%, Beat. Q1 2026, reported Feb 10, 2026: actual 3.92B USD, estimate 3.91B USD, surprise +0.19%, Beat. Q2 2026, reported Apr 28, 2026: actual 4.17B USD, estimate 4.08B USD, surprise +2.13%, Beat. Q3 2026, reported Jul 28, 2026: actual 3.68B USD, estimate 4.09B USD, surprise -10.14%, Miss. Q4 2026, reported Oct 29, 2026: actual —, estimate 3.64B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

28 ratings
Strong buy00%
Buy2486%
Hold414%
Sell00%
Strong sell00%

SPGI news

defenseworld.net

Allstate Corp Sells 2,175 Shares of S&P Global Inc. $SPGI

Allstate Corp cut its holdings in S&P Global Inc. (NYSE: SPGI) by 6.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,291 shares of…

Read source
defenseworld.net

Great Lakes Advisors LLC Sells 97,482 Shares of S&P Global Inc. $SPGI

Great Lakes Advisors LLC reduced its stake in shares of S&P Global Inc. (NYSE: SPGI) by 99.0% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 1,034 shares of the…

Read source
defenseworld.net

Amazon.com (NASDAQ:AMZN) Stock Bought Rep. Thomas H. Kean, Jr.

Representative Thomas H. Kean, Jr. (Republican-New Jersey) recently bought shares of Amazon.com, Inc. (NASDAQ: AMZN). In a filing disclosed on August 18th, the Representative disclosed that they had bought between $1,001…

Read source
zacks.com

Can SPGI's Mobility Spin and AI Push Unlock More Profitable Growth?

S&P Global's post-Mobility focus, rising AI adoption and margin gains sharpen its growth story, though Market Intelligence execution remains a key test.

Read source
zacks.com

Is SPGI Worth Buying as Margins Improve but Valuation Stays Rich?

S&P Global's margin gains, recurring revenue growth & buybacks support earnings, but a premium valuation & falling estimates keep the near-term setup cautious.

Read source
defenseworld.net

Bank of New York Mellon Corp Sells 50,642 Shares of S&P Global Inc. $SPGI

Bank of New York Mellon Corp lowered its position in shares of S&P Global Inc. (NYSE: SPGI) by 2.9% in the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm…

Read source

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$3.84

2025 complete year+24.7% since 2021

2026 partial: $1.94

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Aug 26, 2026

$0.97

Quarterly

Record Aug 26, 2026 · Payment Sep 10, 2026

Dividend

Ex-dividend May 29, 2026

$0.97

Quarterly

Record May 29, 2026 · Payment Jun 10, 2026

Dividend

Ex-dividend Feb 25, 2026

$0.97

Quarterly

Record Feb 25, 2026 · Payment Mar 11, 2026

Dividend

Ex-dividend Nov 25, 2025

$0.96

Quarterly

Record Nov 25, 2025 · Payment Dec 10, 2025

Dividend

Ex-dividend Aug 26, 2025

$0.96

Quarterly

Record Aug 26, 2025 · Payment Sep 10, 2025

Dividend

Ex-dividend May 28, 2025

$0.96

Quarterly

Record May 28, 2025 · Payment Jun 11, 2025

SPGI peers

Berkshire Hathaway Inc. logo

BRK-B

Berkshire Hathaway Inc.

$502.33

+1.31%

Berkshire Hathaway Inc. logo

BRK-A

Berkshire Hathaway Inc.

$753,500

+1.34%

JPMorgan Chase & Co. logo

JPM

JPMorgan Chase & Co.

$357.19

+1.60%

Visa Inc. logo

V

Visa Inc.

$380.11

+2.44%

Mastercard Incorporated logo

MA

Mastercard Incorporated

$596.62

+2.75%

Bank of America Corporation logo

BAC

Bank of America Corporation

$62.655

+1.56%

ETFs holding SPGI

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
3.78B
Weight
0.16%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$377.17-0.28%
Vanguard S&P 500 ETF logoVanguard S&P 500 ETFVOO
Market value
3.28B
Weight
0.19%
AUM
1.7T USD
Expense ratio
0.03%
Price / 1D
$701.77-0.28%
iShares Core S&P 500 ETF logoiShares Core S&P 500 ETFIVV
Market value
1.75B
Weight
0.20%
AUM
891.84B USD
Expense ratio
0.03%
Price / 1D
$767.11-0.29%
State Street SPDR S&P 500 ETF logoState Street SPDR S&P 500 ETFSPY
Market value
1.63B
Weight
0.20%
AUM
817.87B USD
Expense ratio
0.09%
Price / 1D
$763.48-0.29%
Vanguard Morningstar Value ETF logoVanguard Morningstar Value ETFVTV
Market value
1.13B
Weight
0.44%
AUM
256.5B USD
Expense ratio
0.03%
Price / 1D
$226.48+0.03%
State Street Financial Select Sector SPDR ETF logoState Street Financial Select Sector SPDR ETFXLF
Market value
904.06M
Weight
1.63%
AUM
55.49B USD
Expense ratio
0.08%
Price / 1D
$58.32+1.46%
Vanguard Dividend Appreciation ETF logoVanguard Dividend Appreciation ETFVIG
Market value
706.66M
Weight
0.54%
AUM
130.9B USD
Expense ratio
0.04%
Price / 1D
$244.3+0.16%
State Street SPDR Portfolio S&P 500 ETF logoState Street SPDR Portfolio S&P 500 ETFSPYM
Market value
337.53M
Weight
0.20%
AUM
169.37B USD
Expense ratio
0.02%
Price / 1D
$89.87-0.29%

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