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S&P Global SPGI Net margin

Net margin at other companies

Moody's logo
Moody'sMCO
31.7%+2.5pp
Nasdaq, Inc. logo
Nasdaq, Inc.NDAQ
23%+6.7pp
Intercontinental Exchange logo
Intercontinental ExchangeICE
30.1%+7.2pp
Prudential Financial logo
Prudential FinancialPRU
5.5%+1.6pp
Broadridge Financial Solutions logo
Broadridge Financial SolutionsBR
15%+3.4pp
Interactive Brokers Group, Inc. logo
Interactive Brokers Group, Inc.IBKR
70.8%+4.7pp

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

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 net margin?
S&P Global (SPGI) reported net margin of 30.4% in Q1 2026.
How has S&P Global's net margin changed year-over-year?
S&P Global's net margin increased by 11.4% year-over-year, from 27.3% to 30.4%.
What is the long-term trend for S&P Global's net margin?
Over 4 years (2021 to 2025), S&P Global's net margin has grown at a -4.5% compound annual growth rate (CAGR), from 134.6% to 111.8%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.