Discontinued — last reported Q3 '25
Non-Current Assets
Intangibles (Net)
S&P Global Intangibles (Net) decreased by 1.7% to $15.81B in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 6.2%, from $16.85B to $15.81B. Over 4 years (FY 2020 to FY 2024), Intangibles (Net) shows an upward trend with a 87.1% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ3 2025Oct 30, 2025
How to read this metric
An increase typically indicates recent M&A activity, while a decrease suggests amortization or impairment charges.
Detailed definition
Represents the net book value of identifiable non-monetary assets lacking physical substance, such as goodwill, trademar...
Peer comparison
High for companies with aggressive acquisition strategies; low for organic-growth-focused firms.
Metric ID:
intangible_assets_netHistorical Data
18 periods
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.31B | $1.29B | $1.29B | $21.18B | $20.06B | $19.52B | $18.31B | $18.17B | $17.91B | $17.64B | $17.40B | $17.12B | $17.10B | $16.85B | $16.56B | $16.31B | $16.08B | $15.81B |
| QoQ Change | — | -1.8% | -0.2% | >999% | -5.3% | -2.7% | -6.2% | -0.8% | -1.4% | -1.5% | -1.3% | -1.6% | -0.1% | -1.5% | -1.7% | -1.5% | -1.4% | -1.7% |
| YoY Change | — | — | — | — | >999% | >999% | >999% | -14.2% | -10.7% | -9.7% | -5.0% | -5.8% | -4.5% | -4.5% | -4.8% | -4.8% | -6.0% | -6.2% |
Range$1.29B – $21.18B
CAGR+79.6%
Avg YoY Growth+292.5%
Median YoY Growth-4.9%
Current Streak14 quarters decline
Business Segments
| Segment | Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 |
|---|---|---|---|---|---|
| Market Intelligence | $185.00M | $185.00M | $185.00M | $185.00M | $185.00M |
| Indices | $132.00M | $132.00M | $132.00M | $132.00M | $132.00M |
| Total | $1.29B | $18.31B | $17.40B | $16.56B | — |
Intangibles (Net) at Other Companies
Frequently Asked Questions
- What is S&P Global's intangibles (net)?
- S&P Global (SPGI) reported intangibles (net) of $15.81B in Q3 2025.
- How has S&P Global's intangibles (net) changed year-over-year?
- S&P Global's intangibles (net) decreased by 6.2% year-over-year, from $16.85B to $15.81B.
- What is the long-term trend for S&P Global's intangibles (net)?
- Over 4 years (2020 to 2024), S&P Global's intangibles (net) has grown at a 87.1% compound annual growth rate (CAGR), from $1.35B to $16.56B.
- What does intangibles (net) mean?
- The value of non-physical assets like brand names and customer lists acquired through past company purchases.