Business Segments · CapEx
Market Intelligence — CapEx
S&P Global Market Intelligence — CapEx remained flat by 0.0% to $19.50M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 27.9%, from $15.25M to $19.50M. Over 4 years (FY 2021 to FY 2025), Market Intelligence — CapEx shows an upward trend with a 59.7% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2016
Last reportedQ4 2025Feb 11, 2026
Rolls up toProperty, Plant and Equipment, Additions
How to read this metric
Higher spending indicates investment in future growth, while lower spending may signal a focus on cash preservation or a mature asset base.
Detailed definition
Funds used by the company to acquire, upgrade, and maintain physical assets or intangible assets like software and data...
Peer comparison
Standard metric for all companies; peers report this as 'Capital expenditures' or 'Purchases of property and equipment'.
Metric ID:
spgi_segment_market_intelligence_capital_expendituresHistorical Data
5 years
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $12.00M | $43.00M | $73.00M | $61.00M | $78.00M |
| YoY Change | — | +258.3% | +69.8% | -16.4% | +27.9% |
Range$12.00M – $78.00M
CAGR+59.7%
Avg YoY Growth+84.9%
Median YoY Growth+48.8%
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Frequently Asked Questions
- What is S&P Global's market intelligence — capex?
- S&P Global (SPGI) reported market intelligence — capex of $19.50M in Q4 2025.
- How has S&P Global's market intelligence — capex changed year-over-year?
- S&P Global's market intelligence — capex increased by 27.9% year-over-year, from $15.25M to $19.50M.
- What is the long-term trend for S&P Global's market intelligence — capex?
- Over 4 years (2021 to 2025), S&P Global's market intelligence — capex has grown at a 59.7% compound annual growth rate (CAGR), from $12.00M to $78.00M.
- What does market intelligence — capex mean?
- Money spent on long-term assets like software, data platforms, and equipment.