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S&P Global SPGI Interest coverage

Interest coverage at other companies

Nasdaq, Inc. logo
Nasdaq, Inc.NDAQ
6.8×+2.0×
Intercontinental Exchange logo
Intercontinental ExchangeICE
6.7×+1.6×
Interactive Brokers Group, Inc. logo
Interactive Brokers Group, Inc.IBKR
2.2×+0.2×
Equifax logo
EquifaxEFX
5.3×+0.6×
Cboe Global Markets logo
Cboe Global MarketsCBOE
30.7×+7.9×
Uber Technologies logo
Uber TechnologiesUBER
14.1×+6.5×

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$123.73B-18.4%
Enterprise value$133.13B-18.0%
P/E25.9×-12.5×
P/S7.9×-2.6×

Profitability

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Gross margin70.5%+0.9pp
Operating margin43.9%+4.0pp
Net margin30.4%+3.1pp

Returns & leverage

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Return on equity14.8%+3.1pp
Debt / equity0.4×0.0×
Current ratio0.7×-0.2×

Where this comes from

Calculated from S&P Global’s reported figures.

Based on trailing twelve months.

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 interest coverage?
S&P Global (SPGI) reported interest coverage of 22.6× in Q1 2026.
How has S&P Global's interest coverage changed year-over-year?
S&P Global's interest coverage increased by 16.0% year-over-year, from 19.4× to 22.6×.
What is the long-term trend for S&P Global's interest coverage?
Over 4 years (2021 to 2025), S&P Global's interest coverage has grown at a -7.8% compound annual growth rate (CAGR), from 113.3× to 81.8×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.