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S&P Global

SPGINYSEStock Fundamentals

S&P Global Inc. is a leading provider of credit ratings, benchmarks, analytics, and workflow solutions for the global capital, commodity, and automotive markets. The company delivers essential intelligence that enables financial institutions, governments, and corporations to manage risk and identify opportunities. Its core value proposition lies in providing transparent, independent data and insights that serve as critical infrastructure for the world's financial markets.

Market Cap$123.61B
Revenue TTM$15.7B
Net Income TTM$4.8B
P/E Ratio25.88
Net Margin30.37%
EPS TTM$15.81
Free Cash Flow TTM$5.6B
Employees40.5K
CEOMartina L. Cheung
CountryUnited States of America
Financial Services
Financial - Data & Stock Exchanges
SegmentsFinancial Data and Analytics, Credit Rating Agencies, Market Infrastructure
Business ModelsSubscription-based data, Asset-linked fees, Transaction-based fees, Licensing and Royalties
Most Recent EarningsApr 28, 2026 · 28 days agoQ1 2026
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Next EarningsJul 30, 2026 · in 2 monthsBefore Market Open · Q2 2026

Financials

Based on Q1 2026 filing

Gross Margin70.47%
Op. Margin43.88%
ROE14.8%
D/E35.94%
Current Ratio0.677
Total Debt$11.2B
Cash$1.8B
CapEx TTM$179.0M

Gross Profit

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Net Income

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Operating Cash Flow

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Free Cash Flow

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EPS (Diluted)

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Business Segments

Market Intelligence

primary

Provides multi-asset-class data, analytics, and integrated workflow solutions for investment professionals and corporations. It helps users track performance, manage credit risk, and understand industry dynamics through desktop platforms and data feeds.

Products

S&P Capital IQ Pro, Capital IQ, Wall Street Office, Enterprise Data Manager, Information Mosaic, iLevel, RatingsXpress, RatingsDirect, Credit Analytics

Customers

Investment managers, Investment banks, Private equity firms, Insurance companies, Commercial banks, Government agencies

Ratings

primary

An independent provider of credit ratings, research, and analytics that express opinions on the ability of issuers to meet financial obligations. It serves as a critical benchmark for investors in corporate, municipal, and structured finance debt markets.

Products

Credit Ratings, Bank Loan Ratings, Entity Credit Ratings, Crisil Research

Customers

Debt issuers, Corporations, Governments, Municipalities, Asset managers

Commodity Insights

major

Delivers information and benchmark prices for the energy and commodity markets, including petroleum, gas, metals, and agriculture. It provides transparency through price assessments, analytics, and strategic advisory services.

Products

Platts Price Assessments, Energy & Resources Data & Insights, Upstream Data & Insights, Global Trading Services

Customers

Energy producers, Commodity traders, Chemical companies, Shipping firms, Utilities

Mobility

major

Offers data and analytics serving the entire automotive value chain, from vehicle manufacturing to retail and insurance. It provides insights into future vehicle sales, production forecasts, and vehicle history data.

Products

CARFAX, Automotive Mastermind, Vehicle History Reports, OEM Marketing Automation

Customers

Original Equipment Manufacturers (OEMs), Automotive suppliers, Car dealerships, Insurance companies

Indices

major

A global index provider that maintains valuation and index benchmarks used by investment advisors and institutional investors. It generates revenue primarily through asset-linked fees from ETFs and mutual funds tied to its proprietary indices.

Products

S&P 500, Dow Jones Industrial Average, S&P Dow Jones Indices, Customized Index Subscriptions

Customers

ETF issuers, Mutual fund managers, Wealth managers, Exchanges

Segment Financials

Market Intelligence — Total Assets

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Market Intelligence — Significant expenses

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Market Intelligence — Reclassifications

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Ratings — Significant expenses

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Ratings — Total Assets

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Ratings — Reclassifications

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Energy — Significant expenses

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Energy — Total Assets

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Mobility — Significant expenses

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Mobility — Total Assets

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Indices — Significant expenses

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Indices — Total Assets

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Business Overview

Competitive Position

A dominant global provider of financial benchmarks and credit ratings with high barriers to entry due to regulatory status and brand reputation.

Geographies

Global, North America, Asia, Europe, Latin America

Customer Segments

Financial Institutions, Corporations, Governments, Retail Investors

Upstream Dependencies

Public financial filings, Exchange data feeds, Government economic reports, Raw commodity market data, Automotive registration data

Downstream Customers

Institutional investors, Corporate treasury departments, Retail brokerage platforms, Exchange-traded fund (ETF) providers, Commercial lenders

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S&P Global FAQ

Common questions about S&P Global

S&P Global Inc. is a leading provider of credit ratings, benchmarks, analytics, and workflow solutions for the global capital, commodity, and automotive markets. The company delivers essential intelligence that enables financial institutions, governments, and corporations to manage risk and identify opportunities. Its core value proposition lies in providing transparent, independent data and insights that serve as critical infrastructure for the world's financial markets.

S&P Global (SPGI) has a market capitalization of $123.61B and trades on NYSE.

S&P Global generated $15.7B in trailing twelve-month revenue with net income of $4.8B, representing a net margin of 30.4%. Gross margin stands at 70.5%, with free cash flow of $5.6B. These figures are based on the Q1 2026 filing.

S&P Global's key competitors include Moody's Corporation, MSCI Inc., Nasdaq, Inc. Common Stock, and others. These companies compete in similar markets and product categories.

S&P Global has approximately 40,450 employees.