Consolidation · Operating Income
Consolidation Eliminations — Operating Income
S&P Global Consolidation Eliminations — Operating Income increased by 19.6% to $2.00B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 26.9%, from $1.58B to $2.00B. Over 4 years (FY 2021 to FY 2025), Consolidation Eliminations — Operating Income shows an upward trend with a 11.3% CAGR.
Analysis
StatementSegment
CategoryOther
SignalContext dependent
VolatilityStable
First reportedQ1 2025
Last reportedQ1 2026
Rolls up toOperating Income
How to read this metric
Fluctuations typically reflect changes in the volume or pricing of intercompany services rather than external market performance.
Detailed definition
This represents the accounting adjustments made to remove intercompany transactions and balances between business segmen...
Peer comparison
Standard across all large diversified corporations that report segment-level data.
Metric ID:
spgi_segment_consolidation_eliminations_operating_income_lossHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.15B | $1.08B | $903.00M | $1.89B | $1.48B | $853.00M | $717.00M | $1.14B | $911.00M | $1.07B | $891.00M | $1.39B | $1.45B | $1.43B | $1.31B | $1.58B | $1.55B | $1.68B | $1.67B | $2.00B |
| QoQ Change | — | -6.2% | -16.6% | +109.5% | -21.7% | -42.4% | -15.9% | +59.6% | -20.4% | +17.9% | -17.0% | +55.4% | +4.8% | -1.2% | -8.7% | +20.6% | -1.7% | +8.0% | -0.1% | +19.6% |
| YoY Change | — | — | — | — | +28.4% | -21.2% | -20.6% | -39.5% | -38.5% | +25.9% | +24.3% | +21.1% | +59.4% | +33.5% | +46.9% | +13.9% | +6.8% | +16.8% | +27.9% | +26.9% |
Range$717.00M – $2.00B
CAGR+12.3%
Avg YoY Growth+13.2%
Median YoY Growth+22.7%
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Frequently Asked Questions
- What is S&P Global's consolidation eliminations — operating income?
- S&P Global (SPGI) reported consolidation eliminations — operating income of $2.00B in Q1 2026.
- How has S&P Global's consolidation eliminations — operating income changed year-over-year?
- S&P Global's consolidation eliminations — operating income increased by 26.9% year-over-year, from $1.58B to $2.00B.
- What is the long-term trend for S&P Global's consolidation eliminations — operating income?
- Over 4 years (2021 to 2025), S&P Global's consolidation eliminations — operating income has grown at a 11.3% compound annual growth rate (CAGR), from $4.22B to $6.48B.
- What does consolidation eliminations — operating income mean?
- The accounting adjustment used to remove internal transactions between company segments to prevent double-counting of operating income.