S&P Global Inc.
SPGINYSE
$452.65
Last price · USD
- Market cap
- $138.1B
- P/E
- 30.9x
- EV / EBITDA
- 19.6x
- P/S
- 9.0x
- FCF yield
- 4.0%
- Div. yield
- 0.85%
Multiples use last price and FY2025 annual figures. Market cap estimated from diluted shares.
Revenue
$15.34B
+7.9%
4Y CAGR +16.6%
Gross profit
$10.77B
+9.7%
4Y CAGR +15.2%
Operating income
$6.48B
+16.1%
4Y CAGR +11.3%
Net income
$4.47B
+16.1%
4Y CAGR +10.3%
EPS (diluted)
$14.66
+18.7%
4Y CAGR +4.0%
Free cash flow
$5.46B
-2.0%
4Y CAGR +11.2%
Revenue & net income
Fiscal 2021–2025 · USD
RevenueNet income
Valuation
At $452.65 · FY2025 fundamentals
- Market cap
- $138.1B
- Enterprise value
- $150.6B
- P/E
- 30.9x
- P/S
- 9.0x
- P/B
- 4.4x
- EV / EBITDA
- 19.6x
- EV / Sales
- 9.8x
- Earnings yield
- 3.2%
- FCF yield
- 4.0%
- Shareholder yield
- 4.5%
Profitability
Margins as a share of revenue
| Metric | Latest | 4Y ago | Trend |
|---|---|---|---|
| Gross margin | 70.2%-3.5pp | 73.7% | |
| Operating margin | 42.2%-8.6pp | 50.9% | |
| EBITDA margin | 50.2%-3.6pp | 53.8% | |
| Net margin | 29.2%-7.3pp | 36.4% | |
| FCF margin | 35.6%-7.4pp | 42.9% |
Returns & financial health
FY2025 with 4-year trend
| Metric | Latest | 4Y ago | Trend |
|---|---|---|---|
| Return on equity | 14.3% | 148.8% | |
| Return on invested capital | 11.5% | 1395.6% | |
| Return on assets | 7.3% | 20.1% | |
| Debt / equity | 0.45x | 2.31x | |
| Net debt / EBITDA | 1.62x | -0.40x | |
| Current ratio | 0.82x | 2.31x |
Cash & equivalents
$1.75B
Total debt
$14.20B
Capital allocation
How SPGI used its cash in FY2025
- Operating cash flow
- $5.65B
- Capital expenditure
- $195M
- Dividends paid
- $1.17B
- Share repurchases
- $5.00B
- Stock-based compensation
- $236M
- Diluted shares
- 305.1M
- Share count change (4Y)
- +26.2%
Analyst estimates
Consensus for upcoming fiscal years
| Fiscal year | Revenue | Growth | EPS | Growth |
|---|---|---|---|---|
| FY2025 actual | $15.34B | $14.66 | ||
| FY2026E11 analysts | $14.83B | -3.3% | $17.85 | +21.7% |
| FY2027E15 analysts | $15.61B | +5.3% | $20.18 | +13.1% |
| FY2028E7 analysts | $16.72B | +7.1% | $23.09 | +14.4% |
About S&P Global Inc.
Financial Services · Financial - Data & Stock Exchanges
S&P Global Inc. , together with its subsidiaries, provides benchmarks, data, analytics, and workflow solutions in the global capital, energy and commodity, and automotive markets. It operates through five segments: S&P Global Market Intelligence, S&P Global Ratings, S&P Global Energy, S&P Global Mobility, and S&P Dow Jones Indices.
spglobal.com- Sector
- Financial Services
- Industry
- Financial - Data & Stock Exchanges
- CEO
- Martina L. Cheung
- Employees
- 44,500
- Headquarters
- New York, NY, US
- IPO date
- 1973-02-21
S&P Global Inc. (SPGI) — frequently asked questions
Answered from the company's SEC filings
S&P Global Inc. , together with its subsidiaries, provides benchmarks, data, analytics, and workflow solutions in the global capital, energy and commodity, and automotive markets.
Explore the full income statement, balance sheet and cash flow statement. Not investment advice.