Business Segments · Depreciation & Amortization
Market Intelligence — Depreciation & Amortization
S&P Global Market Intelligence — Depreciation & Amortization remained flat by 0.0% to $157.75M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 0.6%, from $156.75M to $157.75M. Over 4 years (FY 2021 to FY 2025), Market Intelligence — Depreciation & Amortization shows an upward trend with a 62.3% CAGR.
Analysis
StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2016
Last reportedQ4 2025Feb 11, 2026
Rolls up toD&A
How to read this metric
Rising levels often correlate with high capital investment in technology or infrastructure, while declining levels may suggest aging assets.
Detailed definition
The non-cash expense allocated to the cost of tangible and intangible assets over their estimated useful lives. This met...
Peer comparison
Standard across all capital-intensive industries; peers report this in the cash flow statement.
Metric ID:
spgi_segment_market_intelligence_depreciation_amortizationHistorical Data
5 years
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $91.00M | $509.00M | $597.00M | $627.00M | $631.00M |
| YoY Change | — | +459.3% | +17.3% | +5.0% | +0.6% |
Range$91.00M – $631.00M
CAGR+62.3%
Avg YoY Growth+120.6%
Median YoY Growth+11.2%
Current Streak4+ years growth
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Frequently Asked Questions
- What is S&P Global's market intelligence — depreciation & amortization?
- S&P Global (SPGI) reported market intelligence — depreciation & amortization of $157.75M in Q4 2025.
- How has S&P Global's market intelligence — depreciation & amortization changed year-over-year?
- S&P Global's market intelligence — depreciation & amortization increased by 0.6% year-over-year, from $156.75M to $157.75M.
- What is the long-term trend for S&P Global's market intelligence — depreciation & amortization?
- Over 4 years (2021 to 2025), S&P Global's market intelligence — depreciation & amortization has grown at a 62.3% compound annual growth rate (CAGR), from $91.00M to $631.00M.
- What does market intelligence — depreciation & amortization mean?
- The annual non-cash cost of using up equipment, software, and other long-term assets.