S&P Global Inc. SPGI
Last close
443.51
2026-09-04
Market cap
$131.28B
2026-03-31 share count
52-week range
381.61 - 552.25
Valuation FY2025 figures against the last close
P/S8.6x
P/E30.3x
P/FCF24.1x
EV/EBITDA18.6x
Dividend yield0.9%
Diluted EPS14.66
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.34B | $14.21B | $12.50B | $11.18B | $8.30B | $7.44B | $6.70B | $6.26B | $6.06B | $5.66B |
| Cost of revenue | $4.56B | $4.36B | $4.14B | $3.75B | $2.18B | $2.09B | $1.98B | $1.84B | $1.69B | $1.77B |
| Gross profit | $10.77B | $9.85B | $8.36B | $7.43B | $6.12B | $5.35B | $4.72B | $4.42B | $4.37B | $3.89B |
| SG&A | $3.42B | $3.20B | $3.16B | $3.40B | $1.73B | $1.54B | $1.34B | $1.42B | $1.61B | $1.47B |
| Total operating expenses | $9.16B | $8.73B | $8.44B | $8.16B | $4.09B | $3.84B | $3.52B | $3.47B | $3.48B | $3.42B |
| Operating income | $6.48B | $5.58B | $4.02B | $4.94B | $4.22B | $3.62B | $3.23B | $2.79B | $2.58B | $3.34B |
| Interest expense | $287.0M | $297.0M | $334.0M | $304.0M | $119.0M | $141.0M | $141.0M | $134.0M | $149.0M | $181.0M |
| Pre-tax income | $6.23B | $5.31B | $3.67B | $4.70B | $4.16B | $3.23B | $2.93B | $2.68B | $2.46B | $3.19B |
| Income tax | $1.41B | $1.14B | $778.0M | $1.18B | $901.0M | $694.0M | $627.0M | $560.0M | $823.0M | $960.0M |
| Net income | $4.47B | $3.85B | $2.63B | $3.25B | $3.02B | $2.34B | $2.12B | $1.96B | $1.50B | $2.11B |
| EPS, basic | 14.67 | 12.36 | 8.25 | 10.25 | 12.56 | 9.71 | 8.65 | 7.80 | 5.84 | 8.02 |
| EPS, diluted | 14.66 | 12.35 | 8.23 | 10.20 | 12.51 | 9.66 | 8.60 | 7.73 | 5.78 | 7.94 |
| Shares, diluted (wtd. avg.) | $305.1M | $311.9M | $318.9M | $318.5M | $241.8M | $242.1M | $246.9M | $253.2M | $258.9M | $265.2M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.75B | $1.67B | $1.29B | $1.29B | $6.50B | $4.12B | $2.89B | $1.96B | $2.78B | $2.39B |
| Short-term investments | $56.0M | $20.0M | $26.0M | $14.0M | $11.0M | $9.0M | $28.0M | $18.0M | $12.0M | $8.0M |
| Receivables | $3.44B | $2.87B | $2.83B | $2.49B | $1.65B | $1.59B | $1.58B | $1.45B | $1.32B | $1.12B |
| Total current assets | $6.30B | $5.46B | $5.14B | $5.67B | $8.81B | $5.99B | $4.71B | $3.59B | $4.32B | $3.67B |
| Property, plant and equipment | $278.0M | $265.0M | $258.0M | $297.0M | $241.0M | $284.0M | $320.0M | $270.0M | $275.0M | $271.0M |
| Goodwill | $36.48B | $34.92B | $34.85B | $34.55B | $3.51B | $3.73B | $3.58B | $3.54B | $2.99B | $2.95B |
| Other intangibles | $16.27B | $16.56B | $17.40B | $18.31B | $1.28B | $1.35B | $1.42B | $1.52B | $1.39B | $1.51B |
| Total assets | $61.20B | $60.22B | $60.59B | $61.78B | $15.03B | $12.54B | $11.35B | $9.44B | $9.43B | $8.67B |
| Accounts payable | $610.0M | $553.0M | $557.0M | $450.0M | $205.0M | $233.0M | $190.0M | $211.0M | $195.0M | $183.0M |
| Short-term debt | $718.0M | $4.0M | $47.0M | $226.0M | $0 | — | — | $0 | $399.0M | $0 |
| Total current liabilities | $7.64B | $6.39B | $6.12B | $6.00B | $3.81B | $3.59B | $3.09B | $2.63B | $3.21B | $2.61B |
| Long-term debt | $12.37B | $11.39B | $11.41B | $10.73B | $4.11B | $4.11B | $3.95B | $3.66B | $3.17B | $3.56B |
| Total liabilities | $25.05B | $22.71B | $22.49B | $22.04B | $9.49B | $9.19B | $8.54B | $7.14B | $7.31B | $6.89B |
| Retained earnings | $23.67B | $20.98B | $18.73B | $17.78B | $15.02B | $13.37B | $12.21B | $11.28B | $10.02B | $9.21B |
| Total equity | $31.13B | $33.16B | $34.30B | $36.48B | $2.11B | $571.0M | $536.0M | $684.0M | $766.0M | $701.0M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $5.65B | $5.69B | $3.71B | $2.60B | $3.60B | $3.57B | $2.78B | $2.06B | $2.02B | $1.56B |
| Depreciation and amortisation | $1.18B | $1.17B | $1.14B | $1.01B | $178.0M | $206.0M | $204.0M | $206.0M | $180.0M | $181.0M |
| Stock-based compensation | $236.0M | $247.0M | $171.0M | $214.0M | $122.0M | $90.0M | $78.0M | $94.0M | $99.0M | $76.0M |
| Capital expenditure | $195.0M | $124.0M | $143.0M | $89.0M | $35.0M | $76.0M | $115.0M | $113.0M | $123.0M | $115.0M |
| Investing cash flow | -$704.0M | -$255.0M | $562.0M | $3.63B | -$120.0M | -$240.0M | -$131.0M | -$513.0M | -$209.0M | $1.17B |
| Financing cash flow | -$4.93B | -$5.00B | -$4.28B | -$11.33B | -$1.01B | -$2.17B | -$1.75B | -$2.29B | -$1.51B | -$1.66B |
| Dividends paid | $1.17B | $1.13B | $1.15B | $1.02B | $743.0M | $645.0M | $560.0M | $503.0M | $421.0M | $380.0M |
| Buybacks | $5.00B | $3.30B | $3.30B | $12.00B | $0 | $1.16B | $1.24B | $1.66B | $1.00B | $1.12B |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000064040-26-000013.
Others in SIC 7320
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| MCO | MOODYS CORP /DE/ | $85.48B | 36.1x | 8.9% |
| EFX | EQUIFAX INC | $20.80B | 33.3x | 6.9% |
| TRU | TransUnion | $15.40B | 34.4x | 9.4% |