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S&P Global SPGI Energy — Depreciation & Amortization

Other segment segments

Market Intelligence
$631M+0.6%
Mobility
$320M+0.9%
Indices
$43M+2.4%
Ratings
$32M-13.5%
Engineering Solutions
$0

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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$121.63B-18.4%
Enterprise value$131.03B-18.0%
P/E25.5×-12.3×
P/S7.7×-2.6×

Profitability

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Gross margin70.5%+0.9pp
Operating margin43.9%+4.0pp
Net margin30.4%+3.1pp

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:DepreciationDepletionAndAmortization.

The official record: S&P Global’s 10-K, filed February 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is S&P Global's energy — depreciation & amortization?
S&P Global (SPGI) reported energy — depreciation & amortization of $34.5M in Q4 2025.
How has S&P Global's energy — depreciation & amortization changed year-over-year?
S&P Global's energy — depreciation & amortization increased by 0.7% year-over-year, from $34.25M to $34.5M.
What is the long-term trend for S&P Global's energy — depreciation & amortization?
Over 2 years (2023 to 2025), S&P Global's energy — depreciation & amortization has grown at a 0.4% compound annual growth rate (CAGR), from $137M to $138M.
What does energy — depreciation & amortization mean?
The non-cash expense representing the wear and tear or expiration of assets used by the energy segment.
How do you interpret energy — depreciation & amortization?
An increase often reflects significant recent capital investments or the amortization of acquired intangible assets, while a decrease may suggest aging assets or a reduction in capital-intensive operations.
How does energy — depreciation & amortization compare across companies?
Similar to depreciation and amortization charges reported by peers in the financial data and information services sector.