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S&P Global SPGI Net debt / EBITDA

Net debt / EBITDA at other companies

Moody's logo
Moody'sMCO
1.5×0.0×
Nasdaq, Inc. logo
Nasdaq, Inc.NDAQ
2.9×+0.7×
Intercontinental Exchange logo
Intercontinental ExchangeICE
2.9×-0.4×
Prudential Financial logo
Prudential FinancialPRU
0.6×
Broadridge Financial Solutions logo
Broadridge Financial SolutionsBR
2.2×-0.8×
Interactive Brokers Group, Inc. logo
Interactive Brokers Group, Inc.IBKR
-6.2×+1.4×

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 the most recent quarter.

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 net debt / EBITDA?
S&P Global (SPGI) reported net debt / EBITDA of 1.2× in Q1 2026.
How has S&P Global's net debt / EBITDA changed year-over-year?
S&P Global's net debt / EBITDA decreased by 23.6% year-over-year, from 1.5× to 1.2×.
What is the long-term trend for S&P Global's net debt / EBITDA?
Over 4 years (2021 to 2025), S&P Global's net debt / EBITDA has grown at a 66.5% compound annual growth rate (CAGR), from -0.8× to 5.8×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.