S&P Global Inc.

S&P Global Inc.

SPGI.TO
S&P Global Inc.CA flagToronto Stock Exchange
18.20
CAD
-0.08
- -
5.37BMarket Cap
S&P Global Inc.
SPGI.TO
(Toronto Stock Exchange)

Recent

price

18.20

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
11.76
13.27
15.33
17.13
18.6
19.56
21.54
23.66
24.94
27.3
30.88
34.46
35.28
39.25
45.6
50.31
54.07
Revenue per Share
2.68
3.06
1.57
5.01
-0.42
4.26
8.01
5.84
7.8
8.65
9.71
12.56
10.25
8.25
12.36
14.67
16.51
Basic EPS, GAAP
1.9
3.1
2.62
2.85
4.45
1.31
5.94
7.87
8.23
11.31
14.8
14.94
8.21
11.65
18.26
18.54
19.21
Free Cash Flow per Basic Share
0.94
0.99
3.53
1.12
1.2
1.34
1.45
1.64
2
2.28
2.68
3.09
3.23
3.6
3.64
3.84
3.88
Dividend per Share
7.19
5.46
2.75
4.8
1.79
0.73
2.52
2.79
2.52
1.96
2.11
8.43
110.6
108.64
107.73
104.17
106.86
Book Value per Share
-1.11
-0.08
-6.28
-4.21
-7
-15.83
-14.73
-14.44
-17.8
-18.52
-19
-7.94
-50.04
-57.33
-59.5
-72.35
-69.68
Tangible Book Value per Share
309
298
279
274
272
272
263
256
251
245
241
241
317
318
312
305
298
Basic Weighted Avg Shares
3,639
3,954
4,270
4,702
5,051
5,313
5,661
6,063
6,258
6,699
7,442
8,297
11,181
12,497
14,208
15,336
16,121
Sales/Revenue/Turnover
28.19
27.24
27.4
28.88
2.42
35.87
39.57
42.6
44.58
47.42
48.39
50.74
27
32.44
38.56
40.28
41.56
Operating Margin (%)
108
126
141
137
134
157
181
180
206
204
206
178
1,013
1,143
1,173
1,179
1,206
Depreciation Expense
828
911
437
1,376
-115
1,156
2,106
1,496
1,958
2,123
2,339
3,024
3,248
2,626
3,852
4,471
4,922
Net Income, GAAP
36.48
37.4
35.63
32.72
453.7
30.14
30.11
33.44
20.89
21.4
21.5
21.64
25.1
21.19
21.5
22.6
22.58
Effective Tax Rate (%)
22.75
23.04
10.23
29.26
-2.28
21.76
37.2
24.67
31.29
31.69
31.43
36.45
29.05
21.01
27.11
29.15
30.53
Profit Margin (%)
614
943
232
569
42
388
1,060
1,110
957
1,619
2,401
4,995
-332
-982
-933
-1,341
-416
Working Capital
1,198
798
799
799
795
3,468
3,564
3,170
3,662
4,568
4,654
4,606
11,307
11,953
11,929
12,864
13,050
LT Debt
2,291
1,584
1,650
2,154
1,349
1,163
1,781
2,118
2,304
2,804
3,352
5,536
39,744
38,100
37,508
36,152
36,640
Total Equity
19.58
21.41
25.99
30.83
-17
38.3
30.68
30.86
37.61
36.93
36.06
35.74
7.34
6.29
8.62
9.61
10.13
Return on Invested Capital (%)
25.93
29.86
15.27
45.25
-16.7
32.24
41.71
26.34
32.63
30.54
28.92
31.38
10.41
5.17
7.58
8.76
9.35
Return on Capital (%)
40.81
49
38.42
133.08
-12.86
339
499.05
220.16
292.89
383.56
473.48
238.02
16.91
7.44
11.44
13.91
15.17
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
718
2,697
2,572
LT Borrowings
12,370
10,621
12,598
LT Finance Leases
494
458
452
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
299
296
295
Market Capitalization
5,461
4,318
3,977

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
6,296
6,320
8,709
Cash, Cash Equivalents & STI
1,801
1,810
4,134
Accounts Receivable, Net
3,441
3,493
3,438
Inventories
- -
- -
- -
Total Current Liabilities
7,637
9,335
9,125
Payables & Accruals
790
992
849
ST Debt
718
2,697
2,572
Deferred Revenue
4,088
3,980
3,929

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
79.59%
134.75%
-3.62%
Free Cash Flow
50.12%
13.68%
-0.67%
Net Income, GAAP
18.3%
16.06%
16.07%
Sales/Revenue/Turnover
11.47%
15.93%
7.94%
Total Cash Common Dividend
12.85%
13.41%
3.17%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,491
3,549
3,575
3,592
14,208
2025
3,777
3,755
3,888
3,916
15,336
2026
4,171
4,146
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.16
3.23
3.12
2.85
12.36
2025
3.55
3.5
- -
3.76
14.67
2026
4.69
4.12
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.91
0.91
0.91
0.91
3.64
2025
0.96
0.96
- -
0.96
3.84
2026
0.97
0.97
- -
- -
- -
Business
S&P Global Inc. is a global provider of financial intelligence, benchmarks, credit ratings, analytics and workflow solutions serving corporations, banks, governments, asset managers, insurers, commodity markets and other institutional clients worldwide. Founded in 1917 and headquartered at 55 Water Street in New York, New York, the company operates through Market Intelligence, Ratings, Energy, Mobility and S&P Dow Jones Indices, and offers subscription-based data, research and software platforms; credit ratings and related analytical services; energy and commodity price assessments, benchmarks and insights; automotive data, forecasting and vehicle intelligence; and index products and custom benchmark solutions used across public and private markets. Recent strategic activity has included the acquisition of With Intelligence to strengthen private markets intelligence; the acquisition of ORBCOMM’s Automatic Identification System data services business to expand maritime and supply chain offerings; the acquisition of ARC Research and McKinsey PriceMetrix through Crisil to broaden wealth-management analytics; the acquisition of TeraHelix to enhance financial technology capabilities; the sale of the Enterprise Data Management and thinkFolio businesses to Symphony Technology Group; the acquisition of datacenterHawk to deepen coverage of data center, power and infrastructure markets; and a strategic investment in Kaiko to expand digital asset and on-chain market data capabilities. The company has also advanced product and partnership initiatives with firms including Cambridge Associates, Mercer, Microsoft, Anthropic, Google, Salesforce, IBM and Centrifuge, reflecting a broader push into AI-enabled solutions, private markets analytics and tokenized index products, while its 2025 annual report notes continued product launches and enhancements alongside the planned separation of S&P Global Mobility into a standalone public company.