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S&P Global SPGI Equity Method Investments

Equity Method Investments at other companies

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$3.13B+27.6%
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News CorporationNWSA

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-29.6%
Enterprise value$132.49B-27.2%
P/E24.6×-18.2×
P/S7.5×-4.2×

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:InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures.

The source filing: S&P Global’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 4:52 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000064040-26-000045
(in millions)June 30,2026December 31,2025
Right of use assets392413
Goodwill36,34836,475
Other intangible assets, net15,69516,271
Equity investments in unconsolidated subsidiaries613603
Other non-current assets895864
Total assets$62,906$61,200
LIABILITIES AND EQUITY
Current liabilities:

Item 1. Financial Statements (Unaudited)

FAQ

What is S&P Global's equity method investments?
S&P Global (SPGI) reported equity method investments of $613M in Q2 2026.
How has S&P Global's equity method investments changed year-over-year?
S&P Global's equity method investments decreased by 66.8% year-over-year, from $1.85B to $613M.
What is the long-term trend for S&P Global's equity method investments?
Over 4 years (2021 to 2025), S&P Global's equity method investments has grown at a 38.3% compound annual growth rate (CAGR), from $165M to $603M.
What does equity method investments mean?
Investments in unconsolidated affiliates and joint ventures where the company has significant influence (typically 20-50% ownership), carried at proportional book value.

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