SPGI
S&P Global Inc.
NYSE · CIK 64040
Last close386.27
Daily change-1.89 (-0.49%)
10 Years gain+249.04%
Dividends TTM3.57 (+5.11%)
Dividend yield0.92%
Fundamental Analysis
SPGI · STANDARD
SIC 7320 · Services-Consumer Credit Reporting, Collection Agencies · Fiscal year end 1231
Fundamental
50.1Momentum
100.0Acceleration
90.5Confidence
91.0Annual Revenue19
Quarterly Revenue81
Annual CFO19
Balance SheetAvailable
RankingEligible
Score Breakdown
Growth18.5 / 25
Quality6.4 / 25
Capital Efficiency9.1 / 20
Balance Sheet1.4 / 15
Shareholder Economics9.8 / 10
Forward Indicators4.8 / 5
Signals
Gross margin expansionGross margin improved by 3.4522 percentage points.
Operating leverageOperating margin improved by 11.4857 percentage points.
ROIC expansionROIC improved by 5.2323 percentage points.
Share count reductionDiluted share count declined 4.4623%.
Strong operating leverageOperating income is growing faster than revenue while operating margin expands.
Key Metrics
Revenue Growth TTM24.76%OK
Revenue CAGR 3Y11.11%OK
Gross Margin70.32%OK
Operating Margin43.65%OK
FCF Marginn/aMISSING
FCF Growthn/aINSUFFICIENT_HISTORY
ROIC12.36%OK
Incremental Operating Margin 3Y29.19%OK
Net Debt / CFOn/aNOT_MEANINGFUL
Diluted Share Growth 1Y-4.46%OK
SBC / Revenuen/aMISSING
SBC / FCFn/aNOT_MEANINGFUL
Financial History
| Period | Revenue | Gross Profit | Operating Income | CFO | FCF | Gross Margin | Op Margin | FCF Margin | ROIC | Shares |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025 FY Dec 31, 2025 | $15.34B | $10.77B | $6.48B | $5.65B | $5.46B | 70.25% | 42.24% | 35.58% | 11.76% | 305.1M |
| 2025 FY Dec 31, 2024 | $14.21B | $9.85B | $5.58B | $5.69B | $5.57B | 69.31% | 39.27% | 39.17% | 10.05% | 311.9M |
| 2025 FY Dec 31, 2023 | $12.50B | $8.36B | $4.02B | $3.71B | $3.57B | 66.86% | 32.17% | 28.54% | 7.01% | 318.9M |
| 2023 FY Dec 31, 2022 | $11.18B | $7.43B | $4.94B | $2.60B | $2.51B | 66.43% | 44.22% | 22.48% | 16.21% | 318.5M |
| 2023 FY Dec 31, 2021 | $8.30B | $6.12B | $4.22B | $3.60B | $3.56B | 73.73% | 50.87% | 42.94% | 4,725.24% | 241.8M |
Formula Trace
| Metric | Value | Formula | Status | Source |
|---|---|---|---|---|
| Revenue TTM | $15.59B | sum latest 4 fiscal quarters Revenue | OK | 0000064040-26-000024, 0000064040-25-000147 |
| Revenue Growth TTM | 24.76% | Revenue_TTM / Revenue_TTM_1Y_ago - 1 | OK | 0000064040-26-000024, 0000064040-25-000147 |
| Revenue CAGR 3Y | 11.11% | (Revenue_current / Revenue_3Y_ago)^(1/3) - 1 | OK | 0000064040-26-000013 |
| Revenue CAGR 5Y | 15.56% | (Revenue_current / Revenue_5Y_ago)^(1/5) - 1 | OK | 0000064040-26-000013 |
| Gross Profit CAGR 3Y | 13.19% | (GrossProfit_current / GrossProfit_3Y_ago)^(1/3) - 1 | OK | 0000064040-26-000013 |
| Operating Income Growth | 69.3% | OperatingIncome_current / OperatingIncome_prior_year - 1 | OK | 0000064040-26-000024, 0000064040-25-000147 |
| FCF Growth | n/a | FCF_current / FCF_prior_year - 1 | INSUFFICIENT_HISTORY | derived |
| Revenue Growth Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Gross Profit Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Operating Income Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| FCF Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Gross Margin | 70.32% | Gross Profit / Revenue | OK | 0000064040-26-000024, 0000064040-25-000147 |
| Operating Margin | 43.65% | Operating Income / Revenue | OK | 0000064040-26-000024, 0000064040-25-000147 |
| ROIC | 12.36% | NOPAT / Average Invested Capital | OK | 0000064040-26-000024, 0000064040-25-000147 |
| Net Debt / CFO | n/a | Net Debt / CFO | NOT_MEANINGFUL | 0000064040-26-000024 |
| Current Ratio | 0.68x | Current Assets / Current Liabilities | OK | derived |
| Cash / Debt | 0.14x | (Cash + Short-term Investments) / Total Debt | OK | 0000064040-26-000024 |
| Revenue per Diluted Share | $52.39 | Revenue / Diluted Shares | OK | 0000064040-26-000024, 0000064040-25-000147 |