Goodwill
S&P Global Goodwill decreased by 0.3% to $36.36B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.0%, from $34.96B to $36.36B. Over 5 years (FY 2020 to FY 2025), Goodwill shows an upward trend with a 57.7% CAGR.
Analysis
How to read this metric
A large or increasing balance indicates significant historical acquisition activity; sudden decreases may signal impairment charges.
Detailed definition
This represents the premium paid over the fair value of net identifiable assets when acquiring another company, reflecti...
Peer comparison
Common in industries with high M&A activity; peers in the financial information sector often carry significant goodwill from past acquisitions.
goodwillHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.72B | $3.71B | $3.51B | $33.64B | $34.44B | $34.50B | $34.55B | $34.82B | $34.83B | $34.79B | $34.85B | $34.75B | $34.98B | $34.99B | $34.92B | $34.96B | $35.07B | $34.92B | $36.48B | $36.36B |
| QoQ Change | — | -0.2% | -5.5% | +859.6% | +2.4% | +0.2% | +0.1% | +0.8% | +0.0% | -0.1% | +0.2% | -0.3% | +0.7% | +0.0% | -0.2% | +0.1% | +0.3% | -0.4% | +4.5% | -0.3% |
| YoY Change | — | — | — | — | +826.2% | +829.9% | +885.3% | +3.5% | +1.1% | +0.8% | +0.9% | -0.2% | +0.4% | +0.6% | +0.2% | +0.6% | +0.3% | -0.2% | +4.5% | +4.0% |
Business Segments
| Segment | Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 |
|---|---|---|---|---|---|
| Market Intelligence | $1.81B | $18.11B | $18.18B | $18.31B | $19.66B |
| Mobility | — | $8.70B | $8.86B | $8.86B | $8.86B |
| Energy | — | — | — | — | $5.56B |
| Indices | $376.00M | $1.40B | $1.42B | $1.37B | $1.51B |
| Ratings | $245.00M | $257.00M | $274.00M | $259.00M | $164.00M |
| Commodity Insights | $525.00M | $5.52B | $5.54B | $5.55B | — |
| Engineering Solutions | $0.00 | $0.00 | $0.00 | — | — |
| Total | $3.51B | $34.55B | $34.85B | $34.92B | $36.48B |
Commodity Insights, Engineering Solutions were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Goodwill at Other Companies
Frequently Asked Questions
- What is S&P Global's goodwill?
- S&P Global (SPGI) reported goodwill of $36.36B in Q1 2026.
- How has S&P Global's goodwill changed year-over-year?
- S&P Global's goodwill increased by 4.0% year-over-year, from $34.96B to $36.36B.
- What is the long-term trend for S&P Global's goodwill?
- Over 5 years (2020 to 2025), S&P Global's goodwill has grown at a 57.7% compound annual growth rate (CAGR), from $3.74B to $36.48B.
- What does goodwill mean?
- The value of intangible assets like brand and reputation acquired through company purchases.