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S&P Global SPGI Depreciation

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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$128.16B-21.2%
Enterprise value$137.55B-20.4%
P/E26.8×-13.7×
P/S8.2×-2.9×

Profitability

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Gross margin70.5%+0.9pp
Operating margin43.9%+4.0pp
Net margin30.4%+3.1pp
FCF margin35.3%-3.0pp

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

Reported directly by S&P Global in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

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 depreciation?
S&P Global (SPGI) reported depreciation of $31M in Q1 2026.
How has S&P Global's depreciation changed year-over-year?
S&P Global's depreciation increased by 24.0% year-over-year, from $25M to $31M.
What is the long-term trend for S&P Global's depreciation?
Over 4 years (2021 to 2025), S&P Global's depreciation has grown at a 8.0% compound annual growth rate (CAGR), from $81M to $110M.
What does depreciation mean?
This represents the systematic allocation of the cost of tangible fixed assets over their estimated useful lives. It reflects the wear and tear or obsolescence of physical infrastructure, such as property, plant, and equipment, used in the generation of revenue. This non-cash charge is essential for understanding the capital intensity of the business model.