What is S&P Global's income tax?

S&P Global (SPGI) reported income tax of $404M in Q1 2026.

How has S&P Global's income tax changed year-over-year?

S&P Global's income tax increased by 24.3% year-over-year, from $325M to $404M.

What is the long-term trend for S&P Global's income tax?

Over 4 years (2021 to 2025), S&P Global's income tax has grown at a 11.8% compound annual growth rate (CAGR), from $902M to $1.41B.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

S&P Global SPGI Income Tax

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Other financials

Income statement

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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

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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

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Operating cash flow$1.0B+8.8%

CapEx$27.0M-37.2%

Free cash flow$1.0B+11.0%

Valuation

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Market cap$120.82B-24.7%

Enterprise value$130.21B-23.7%

P/E25.3×-14.7×

P/S7.7×-3.2×

Profitability

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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:IncomeTaxExpenseBenefit.

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

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Questions, answered.

What is S&P Global's income tax?: S&P Global (SPGI) reported income tax of $404M in Q1 2026.
How has S&P Global's income tax changed year-over-year?: S&P Global's income tax increased by 24.3% year-over-year, from $325M to $404M.
What is the long-term trend for S&P Global's income tax?: Over 4 years (2021 to 2025), S&P Global's income tax has grown at a 11.8% compound annual growth rate (CAGR), from $902M to $1.41B.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.