What is S&P Global's change in AP?

S&P Global (SPGI) reported change in AP of -$646M in Q1 2026.

How has S&P Global's change in AP changed year-over-year?

S&P Global's change in AP increased by 4.7% year-over-year, from -$678M to -$646M.

What does change in AP mean?

Increase or decrease in amounts owed to suppliers — a key working capital component affecting operating cash flow.

S&P Global SPGI Change in AP

Change in AP at other companies

FactSet Research SystemsFDS

$10.85M—

Moody'sMCO

-$175M+40.1%

Nasdaq, Inc.NDAQ

-$33M-94.1%

MSCIMSCI

-$6.2M-5.1%

Intercontinental ExchangeICE

$203M+292%

News CorporationNWS

——

Other financials

Income statement

See full

Revenue$4.2B+10.4%

Gross profit$2.9B+11.9%

Operating income$2.0B+26.9%

Net income$1.4B+28.0%

EPS (diluted)$4.69+32.5%

Balance sheet

See full

Cash & equivalents$1.8B+23.2%

Total debt$11.2B-6.8%

Total equity$31.2B-6.6%

Total assets$60.8B+1.5%

Cash flow

See full

Operating cash flow$1.0B+8.8%

CapEx$27.0M-37.2%

Free cash flow$1.0B+11.0%

Valuation

See full

Market cap$120.55B-17.6%

Enterprise value$129.94B-17.0%

P/E25.2×-11.2×

P/S7.7×-2.3×

Profitability

See full

Gross margin70.5%+0.9pp

Operating margin43.9%+4.0pp

Net margin30.4%+3.1pp

FCF margin35.3%-3.0pp

Returns & leverage

See full

Return on equity14.8%+3.1pp

Debt / equity0.4×0.0×

Current ratio0.7×-0.2×

Where this comes from

Reported directly by S&P Global in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInAccountsPayableAndAccruedLiabilities.

The official record: S&P Global’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

Ask your AI about S&P Global's change in ap.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is S&P Global's change in AP?: S&P Global (SPGI) reported change in AP of -$646M in Q1 2026.
How has S&P Global's change in AP changed year-over-year?: S&P Global's change in AP increased by 4.7% year-over-year, from -$678M to -$646M.
What does change in AP mean?: Increase or decrease in amounts owed to suppliers — a key working capital component affecting operating cash flow.