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S&P Global SPGI Operating Lease Liabilities

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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$119.46B-30.4%
Enterprise value$131.08B-27.9%
P/E24.3×-18.5×
P/S7.4×-4.3×

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:OperatingLeaseLiabilityNoncurrent.

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
Liabilities held for sale2843
Total current liabilities9,1257,637
Long-term debt12,59812,370
Lease liabilities — non-current452494
Pension and other postretirement benefits177178
Deferred tax liability — non-current3,1503,262
Other non-current liabilities7641,107
Total liabilities26,26625,048

Item 1. Financial Statements (Unaudited)

FAQ

What is S&P Global's operating lease liabilities?
S&P Global (SPGI) reported operating lease liabilities of $452M in Q2 2026.
How has S&P Global's operating lease liabilities changed year-over-year?
S&P Global's operating lease liabilities decreased by 11.7% year-over-year, from $512M to $452M.
What is the long-term trend for S&P Global's operating lease liabilities?
Over 5 years (2020 to 2025), S&P Global's operating lease liabilities has grown at a -1.9% compound annual growth rate (CAGR), from $544M to $494M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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