Business Segments · Depreciation & Amortization
Indices — Depreciation & Amortization
S&P Global Indices — Depreciation & Amortization remained flat by 0.0% to $10.75M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 2.4%, from $10.50M to $10.75M. Over 4 years (FY 2021 to FY 2025), Indices — Depreciation & Amortization shows an upward trend with a 44.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2016
Last reportedQ4 2025Feb 11, 2026
Rolls up toD&A
How to read this metric
Rising levels may indicate increased investment in infrastructure, while stable levels suggest consistent asset utilization.
Detailed definition
The non-cash expense allocated to the Indices segment to account for the gradual wear and tear of physical assets and th...
Peer comparison
Standard operating expense metric across all capital-intensive and technology-driven industries.
Metric ID:
spgi_segment_indices_depreciation_amortizationHistorical Data
5 years
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $10.00M | $39.00M | $42.00M | $42.00M | $43.00M |
| YoY Change | — | +290.0% | +7.7% | +0.0% | +2.4% |
Range$10.00M – $43.00M
CAGR+44.0%
Avg YoY Growth+75.0%
Median YoY Growth+5.0%
Current Streak4+ years growth
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Frequently Asked Questions
- What is S&P Global's indices — depreciation & amortization?
- S&P Global (SPGI) reported indices — depreciation & amortization of $10.75M in Q4 2025.
- How has S&P Global's indices — depreciation & amortization changed year-over-year?
- S&P Global's indices — depreciation & amortization increased by 2.4% year-over-year, from $10.50M to $10.75M.
- What is the long-term trend for S&P Global's indices — depreciation & amortization?
- Over 4 years (2021 to 2025), S&P Global's indices — depreciation & amortization has grown at a 44.0% compound annual growth rate (CAGR), from $10.00M to $43.00M.
- What does indices — depreciation & amortization mean?
- The non-cash cost of using up physical equipment and intangible assets over time.