What is S&P Global's D&A?

S&P Global (SPGI) reported D&A of $32M in Q2 2026.

How has S&P Global's D&A changed year-over-year?

S&P Global's D&A increased by 23.1% year-over-year, from $26M to $32M.

What is the long-term trend for S&P Global's D&A?

Over 3 years (2021 to 2024), S&P Global's D&A has grown at a 5.8% compound annual growth rate (CAGR), from $81M to $96M.

Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

S&P Global SPGI D&A

D&A at other companies

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$45.87M+12.3%

Moody'sMCO

$126M+5.0%

Nasdaq, Inc.NDAQ

$165M+4.4%

MorningstarMORN

$53.5M+10.3%

MSCIMSCI

$6.2M+14.8%

News CorporationNWS

——

Segments

By segment

See full

Market Intelligence$631M+0.6%

Mobility$320M+0.9%

Energy$138M—

Indices$43M+2.4%

Ratings$32M-13.5%

Engineering Solutions$0—

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$1.4B-0.4%

CapEx$38.0M-37.7%

Free cash flow$1.4B+1.2%

Valuation

See full

Market cap$125.1B-23.1%

Enterprise value$136.72B-21.0%

P/E25.4×-15.1×

P/S7.8×-3.3×

Profitability

See full

Gross margin70.9%+1.2pp

Operating margin44.4%+4.5pp

Net margin30.5%+3.2pp

FCF margin34.6%-2.2pp

Returns & leverage

See full

Return on equity15.2%+3.4pp

Debt / equity0.5×+0.1×

Current ratio1×0.0×

Where this comes from

Reported directly by S&P Global in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

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

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Questions, answered.

What is S&P Global's D&A?: S&P Global (SPGI) reported D&A of $32M in Q2 2026.
How has S&P Global's D&A changed year-over-year?: S&P Global's D&A increased by 23.1% year-over-year, from $26M to $32M.
What is the long-term trend for S&P Global's D&A?: Over 3 years (2021 to 2024), S&P Global's D&A has grown at a 5.8% compound annual growth rate (CAGR), from $81M to $96M.
What does D&A mean?: Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.