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S&P Global SPGI Cumulative Cost Basis

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Other financials

Income statement

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Revenue$4.1B+10.4%
Gross profit$3.0B+13.1%
Operating income$1.8B+16.8%
Net income$1.2B+13.5%
EPS (diluted)$4.12+17.7%

Balance sheet

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Cash & equivalents$4.1B+124%
Total debt$15.7B+31.1%
Total equity$31.5B-5.7%
Total assets$62.9B+4.2%

Cash flow

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Operating cash flow$1.4B-0.4%
CapEx$38.0M-37.7%
Free cash flow$1.4B+1.2%

Valuation

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Market cap$120.88B-30.4%
Enterprise value$132.49B-27.9%
P/E24.6×-18.7×
P/S7.5×-4.3×

Profitability

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Gross margin70.9%+1.2pp
Operating margin44.4%+4.5pp
Net margin30.5%+3.2pp
FCF margin34.6%-2.2pp

Returns & leverage

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Return on equity15.2%+3.4pp
Debt / equity0.5×+0.1×
Current ratio0.0×

Where this comes from

Reported directly by S&P Global in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentGross.

The source filing: S&P Global’s 10-K, filed February 11, 2026.

Filed
Feb 10, 2026, 7:00 PM EST
Fiscal year
FY2025
Accession
0000064040-26-000013
(in millions)December 31, 2025December 31, 2024
Property and equipment:
Buildings and leasehold improvements444433
Equipment and furniture695655
Total property and equipment1,1391,088
Less: accumulated depreciation(861)(823)
Property and equipment, net278265
Right of use assets413413
Goodwill36,47534,917

Item 8. Consolidated Financial Statements and Supplementary Data

FAQ

What is S&P Global's cumulative cost basis?
S&P Global (SPGI) reported cumulative cost basis of $1.14B in Q4 2025.
How has S&P Global's cumulative cost basis changed year-over-year?
S&P Global's cumulative cost basis increased by 4.7% year-over-year, from $1.09B to $1.14B.
What is the long-term trend for S&P Global's cumulative cost basis?
Over 5 years (2020 to 2025), S&P Global's cumulative cost basis has grown at a 5.5% compound annual growth rate (CAGR), from $871M to $1.14B.

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