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S&P Global SPGI Non-Controlling Interests

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Other financials

Income statement

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Revenue$4.1B+10.4%
Gross profit$3.0B+13.1%
Operating income$1.8B+16.8%
Net income$1.2B+13.5%
EPS (diluted)$4.12+17.7%

Balance sheet

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Cash & equivalents$4.1B+124%
Total debt$15.7B+31.1%
Total equity$31.5B-5.7%
Total assets$62.9B+4.2%

Cash flow

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Operating cash flow$1.4B-0.4%
CapEx$38.0M-37.7%
Free cash flow$1.4B+1.2%

Valuation

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Market cap$120.88B-29.6%
Enterprise value$132.49B-27.2%
P/E24.6×-18.2×
P/S7.5×-4.2×

Profitability

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Gross margin70.9%+1.2pp
Operating margin44.4%+4.5pp
Net margin30.5%+3.2pp
FCF margin34.6%-2.2pp

Returns & leverage

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Return on equity15.2%+3.4pp
Debt / equity0.5×+0.1×
Current ratio0.0×

Where this comes from

Reported directly by S&P Global in its filing.

Tagged under the XBRL concept us-gaap:MinorityInterest.

The source filing: S&P Global’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 4:52 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000064040-26-000045
(in millions)June 30,2026December 31,2025
Additional paid-in capital44,54744,117
Retained income25,61823,666
Accumulated other comprehensive loss(772)(697)
Less: common stock in treasury(38,307)(36,374)
Total equity — controlling interests31,50131,127
Total equity — noncontrolling interests115108
Total equity31,61631,235
Total liabilities and equity$62,906$61,200

Item 1. Financial Statements (Unaudited)

FAQ

What is S&P Global's non-controlling interests?
S&P Global (SPGI) reported non-controlling interests of $115M in Q2 2026.
How has S&P Global's non-controlling interests changed year-over-year?
S&P Global's non-controlling interests increased by 8.5% year-over-year, from $106M to $115M.
What is the long-term trend for S&P Global's non-controlling interests?
Over 5 years (2020 to 2025), S&P Global's non-controlling interests has grown at a 11.7% compound annual growth rate (CAGR), from $62M to $108M.
What does non-controlling interests mean?
Equity attributable to minority shareholders in subsidiaries not fully owned by the parent — their proportional claim on subsidiary net assets.

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