87/100BS&P Global financials
Yes. S&P Global earned 4.99B USD of net income over the last twelve months, 31.3% of its revenue. It made a profit in 40 of its 41 fiscal years since 1985. Its last loss was in fiscal year 2014.
- Revenue (TTM)
- 15.91B USD
- Net income (TTM)
- 4.99B USD
- Free cash flow (TTM)
- 5.64B USD
- Cash and short-term investments
- 2.44B USD
- Total debt
- 13.58B USD
- Shareholders' equity
- 19.71B USD
Cash, debt and equity as of 30 Sept 2026.
S&P Global earnings
Revenue
EPS
| Period | Report date | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|---|
| Q3 FY2027 | 5.16 | — | — | +12.66% | 3.94B | — | — | +7.07% | |
| Q2 FY2027 | 5.18 | — | — | +7.23% | 3.92B | — | — | +6.46% | |
| Q1 FY2027 | 5.10 | — | — | +8.49% | 3.96B | — | — | -5.01% | |
| Q4 FY2026 | 4.04 | — | — | -6.05% | 3.62B | — | — | -7.56% | |
| Q3 FY2026 | 4.43 | 4.58 | +3.39% | -3.17% | 3.64B | 3.68B | +0.97% | -5.40% | |
| Q2 FY2026 | 4.81 | 4.83 | +0.42% | +9.03% | 4.09B | 3.68B | -10.14% | -2.05% | |
| Q1 FY2026 | 4.58 | 4.70 | +2.62% | +7.55% | 4.08B | 4.17B | +2.13% | +10.43% | |
| Q4 FY2025 | 4.33 | 4.30 | -0.69% | +14.06% | 3.91B | 3.92B | +0.19% | +9.02% | |
| Q3 FY2025 | 4.42 | 4.73 | +7.01% | +21.59% | 3.83B | 3.89B | +1.52% | +8.76% | |
| Q2 FY2025 | 4.21 | 4.43 | +5.23% | +9.65% | 3.67B | 3.76B | +2.24% | +5.80% |
| Period | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|
| FY2028 | 22.77 | — | — | +12.82% | 16.81B | — | — | +7.05% |
| FY2027 | 20.18 | — | — | +12.54% | 15.70B | — | — | +5.44% |
| FY2026 | 17.93 | — | — | +0.58% | 14.89B | — | — | -2.92% |
| FY2025 | 16.89 | 17.83 | +5.53% | +13.49% | 15.33B | 15.34B | +0.07% | +7.95% |
| FY2024 | 14.56 | 15.71 | +7.93% | +24.58% | 14.11B | 14.21B | +0.66% | +13.68% |
| FY2023 | 11.93 | 12.61 | +5.70% | +12.89% | 12.47B | 12.50B | +0.18% | +11.78% |
| FY2022 | 10.53 | 11.17 | +6.11% | -18.47% | 11.79B | 11.18B | -5.19% | +34.75% |
S&P Global growth and profitability
Full income statement- Revenue (TTM)
- 15.91B USD
- Net income (TTM)
- 4.99B USD
- Gross margin
- 71.06%
- Operating margin
- 48.65%
- Net margin
- 31.34%
Revenue / Net income
How S&P Global makes its money
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
S&P Global revenue breakdown
By product
| Segment | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| Market Intelligence | 4.92B | 37.1% | +5.8% |
| Ratings | 4.72B | 35.7% | +8.1% |
| Indices | 1.85B | 14.0% | +13.6% |
| Mobility | 1.75B | 13.2% | +8.6% |
By region
| Region | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| United States | 9.32B | 60.8% | +7.9% |
| Europe | 3.53B | 23.0% | +8.4% |
| Asia | 1.64B | 10.7% | +10.0% |
| Rest Of World | 843.00M | 5.5% | +2.7% |
Operating and free cash flow
Full cash flow statementS&P Global financial health
Full balance sheet- Cash and short-term investments
- 2.44B USD
- Total debt
- 13.58B USD
- Net cash
- -11.14B USD
- Free cash flow (TTM)
- 5.64B USD
- Current ratio
- 0.74
- Debt to equity
- 0.69
- Piotroski score
- 8 / 9
- Altman Z-score
- 4.85
Cash, debt and free cash flow
Assets, liabilities and equity
S&P Global valuation
- Price to earnings ratio (TTM)
- 27.80
- Forward P/E (FY2026)
- 26.07
- Price to sales (TTM)
- 8.52
- Price to book
- 6.88
- EV / EBITDA (TTM)
- 17.38
Capital structure
Valuation over time
S&P Global against its own history
Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.
Its peers: CME Group, Intercontinental Exchange, Moody's, Nasdaq, MSCI, and Coinbase Global, the US Financial - Data & Stock Exchanges companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.
- P/E (today)Below its median27.821.359.3
- Gross marginAbove its median70.2%66.4%73.7%Against its peers: 4 of 7Peers' median 71.4%
- Operating marginAt its median42.2%32.2%50.9%Against its peers: 4 of 7Peers' median 41.8%
- Net marginAbove its median29.2%21.0%36.4%Against its peers: 4 of 7Peers' median 29.0%
- Return on equityAbove its median14.3%7.7%148.8%Against its peers: 3 of 6Peers' median 14.1%
- Free cash flow marginAt its median35.6%22.5%42.9%Against its peers: 3 of 7Peers' median 33.9%
- Revenue growthLowest in 5 years7.9%7.9%34.8%Against its peers: 5 of 7Peers' median 9.1%
- EPS growthAt its median18.7%-19.3%50.1%Against its peers: 4 of 7Peers' median 18.1%
- Debt to EBITDAAt its median1.85×1.05×2.33×Against its peers: 2 of 7Peers' median 3.11×
- Current ratioLowest in 5 years0.820.822.31Against its peers: 7 of 7Peers' median 1.03
Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.
S&P Global dividends
- Annual dividend
- 3.88 USD
- Dividend yield (indicated)
- 0.83%
- Payout ratio
- 28.78%
- Years of dividend growth
- 41
- Frequency
- Quarterly
- Last payment
- 0.97 USD
- Last ex-dividend date
- 25 Nov 2026
- Last payment date
- 10 Dec 2026
Dividends per share
S&P Global ownership
- Institutions
- 88.38%
- Institutional holders
- 2,128 (-60)
- Free float
- 99.75%
Who owns the shares
Shares free to trade
Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.
Insider trading
| Quarter | Purchases | Sales | Shares acquired | Shares disposed of |
|---|---|---|---|---|
| Q4 2026 | 0 | 0 | 1.39K | 2.08K |
| Q3 2026 | 0 | 0 | 18.76K | 9.27K |
| Q2 2026 | 3 | 0 | 14.31K | 2.24K |
| Q1 2026 | 2 | 0 | 90.30K | 25.63K |
Shares outstanding
Common questions about S&P Global's financials
Source: Financial Modeling Prep