Consolidation · Operating Income

Intersegment Elimination — Operating Income

S&P Global Intersegment Elimination — 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), Intersegment Elimination — Operating Income shows an upward trend with a 11.3% CAGR.

Analysis

StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2025
Last reportedQ1 2026
Rolls up toOperating Income

How to read this metric

Fluctuations in this metric indicate changes in the volume or pricing of internal transfer pricing agreements between business units.

Detailed definition

This metric captures the net impact of internal profit adjustments required to reconcile the sum of individual segment o...

Peer comparison

Standard reconciliation item in segment reporting for multi-divisional firms, often labeled as 'Intersegment Profit Elimination'.

Metric ID: spgi_segment_intersegment_elimination_operating_income_loss

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$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%

Frequently Asked Questions

What is S&P Global's intersegment elimination — operating income?
S&P Global (SPGI) reported intersegment elimination — operating income of $2.00B in Q1 2026.
How has S&P Global's intersegment elimination — operating income changed year-over-year?
S&P Global's intersegment elimination — 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 intersegment elimination — operating income?
Over 4 years (2021 to 2025), S&P Global's intersegment elimination — operating income has grown at a 11.3% compound annual growth rate (CAGR), from $4.22B to $6.48B.
What does intersegment elimination — operating income mean?
The adjustment to operating profit that removes the effects of internal transactions between business segments.