Equity

Retained Earnings

S&P Global Retained Earnings increased by 4.8% to $24.80B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 13.8%, from $21.80B to $24.80B. Over 5 years (FY 2020 to FY 2025), Retained Earnings shows an upward trend with a 12.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionEquity
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026Apr 28, 2026

How to read this metric

A consistent increase signals strong historical profitability and effective reinvestment, while a decrease may indicate significant dividend payouts or share repurchases.

Detailed definition

This represents the cumulative net income of the company that has been reinvested in the business rather than distribute...

Peer comparison

A key metric for mature, profitable companies in the financial services sector to demonstrate long-term value creation.

Metric ID: retained_earnings

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$14.24B$14.77B$15.02B$16.07B$17.30B$17.74B$17.78B$18.17B$18.28B$18.73B$18.73B$19.43B$19.96B$20.36B$20.98B$21.80B$22.40B$23.29B$23.67B$24.80B
QoQ Change+3.8%+1.7%+7.0%+7.7%+2.5%+0.3%+2.2%+0.6%+2.4%+0.0%+3.8%+2.7%+2.0%+3.0%+3.9%+2.8%+4.0%+1.6%+4.8%
YoY Change+21.5%+20.1%+18.4%+13.1%+5.7%+5.6%+5.3%+6.9%+9.2%+8.8%+12.0%+12.2%+12.3%+14.4%+12.8%+13.8%
Range$14.24B$24.80B
CAGR+12.4%
Avg YoY Growth+12.0%
Median YoY Growth+12.2%
Current Streak19+ quarters growth

Frequently Asked Questions

What is S&P Global's retained earnings?
S&P Global (SPGI) reported retained earnings of $24.80B in Q1 2026.
How has S&P Global's retained earnings changed year-over-year?
S&P Global's retained earnings increased by 13.8% year-over-year, from $21.80B to $24.80B.
What is the long-term trend for S&P Global's retained earnings?
Over 5 years (2020 to 2025), S&P Global's retained earnings has grown at a 12.1% compound annual growth rate (CAGR), from $13.37B to $23.67B.
What does retained earnings mean?
The total accumulated profits the company has kept and reinvested since its inception.