Your Best Stock

S&P Global SPGI

US equityMarket cap rank #129Dividend Aristocrats
$404.93
−$1.58 (-0.39%)
Market open · Sep 24, 2:00 pm ET
After hours $407.00 +0.12%
Open$406.64
Prev close$406.50
Day range$400.61 – $409.89
Volume746.4K
Market cap$119.37B
P/E (TTM)24.6
Dividend yield0.95%

Fundamentals

Latest reported quarter: Q2, ended Jun 2026

Revenue$4.15B+10.4% YoY
Operating profit$1.80B+17.2% YoY
Net profit$1.32B+14.1% YoY
Diluted EPS$4.12+17.7% YoY
Free cash flow$1.40B+1.2% YoY
Operating cash flow$1.44B

Revenue, last 8 quarters

$3.6BSep '24$3.6BDec '24$3.8BMar '25$3.8BJun '25$3.9BSep '25$3.9BDec '25$4.2BMar '26$4.1BJun '26

Net profit, last 8 quarters

$1.0BSep '24$967.0MDec '24$1.2BMar '25$1.2BJun '25$1.3BSep '25$1.2BDec '25$1.5BMar '26$1.3BJun '26

Diluted EPS by quarter

3.11Sep '242.85Dec '243.54Mar '253.50Jun '253.86Sep '253.75Dec '254.69Mar '264.12Jun '26

Free cash flow by quarter

$1.4BSep '24$1.7BDec '24$910.0MMar '25$1.4BJun '25$1.5BSep '25$1.7BDec '25$1.0BMar '26$1.4BJun '26

Annual revenue

$7.4BFY20$8.3BFY21$11.2BFY22$12.5BFY23$14.2BFY24$15.3BFY25

Profitability & balance sheet

Gross margin70.9%
Operating margin41.6%
Net margin30.5%
Return on equity15.2%
Return on assets8.0%
Return on invested capital11.2%
Current ratio0.95
Liabilities / assets41.8%
Cash & investments$4.13B
Total debt$15.62B
Net cash (debt)-$11.49B
Free cash flow / sales34.6%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Ratings$1.34B 31.9%
  • Market Intelligence$1.29B 30.7%
  • Energy$568.00M 13.5%
  • Indices$534.00M 12.7%
  • Mobility$468.00M 11.1%

Income statement

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Revenue as Reported $4.15B $4.17B $15.34B $3.92B $3.89B
Total Operating Revenue $4.15B $4.17B $15.34B $3.92B $3.89B
Cost of Revenue $1.17B $1.24B $4.56B $1.17B $1.12B
Gross Profit $2.98B $2.94B $10.77B $2.75B $2.77B
Operating Expense $1.18B $1.11B $4.60B $1.34B $1.10B
Selling and Admin Expenses $873.00M $802.00M $3.42B $1.05B $805.00M
Depreciation & Amortization & Depletion $307.00M $307.00M $1.18B $297.00M $294.00M
-Depreciation & Amortization $307.00M $307.00M $1.18B $297.00M $294.00M
Operating Profit $1.80B $1.83B $6.18B $1.40B $1.67B
Net Non-Operating Interest Income (Expense) -$87.00M -$96.00M -$287.00M -$54.00M -$79.00M
Non-Operating Interest Expense $87.00M $96.00M $287.00M $54.00M $79.00M
Other Income (Expense) $15.00M $177.00M $337.00M $281.00M $9.00M
Gain on Sale of Security $1.00M -$2.00M $14.00M $6.00M -$3.00M
Earnings from Equity Interest $0.00 $0.00 $28.00M $0.00 $7.00M
Special Income (Charges) $11.00M $175.00M $273.00M $270.00M $0.00
-Gain on Sale Of Business $11.00M $175.00M $273.00M $270.00M $0.00
Other Non-Operating Income (Expenses) $3.00M $4.00M $22.00M $5.00M $5.00M
Pretax Profit $1.73B $1.91B $6.23B $1.63B $1.60B
Tax $406.00M $404.00M $1.41B $407.00M $333.00M
Net Profit $1.32B $1.50B $4.82B $1.22B $1.27B
Profit from Continuing Operations $1.32B $1.50B $4.82B $1.22B $1.27B
Minority Interests $106.00M $109.00M $349.00M $90.00M $89.00M
Net Income to Parent Company $1.22B $1.40B $4.47B $1.13B $1.18B
Net Income to Common Stockholders $1.22B $1.40B $4.47B $1.13B $1.18B
Basic EPS $4.12 $4.69 $14.67 $3.76 $3.86
Diluted EPS $4.12 $4.69 $14.66 $3.75 $3.86
Dividend Per Share $0.97 $0.97 $3.84 $0.96 $0.96

Balance sheet

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Assets $62.91B $60.79B $61.20B $61.20B $59.75B
Total Current Assets $8.71B $6.32B $6.30B $6.30B $5.65B
Cash and Cash Equivalents & Short-Term Investments $4.13B $1.81B $1.80B $1.80B $1.67B
-Cash and Cash Equivalents $4.13B $1.81B $1.75B $1.75B $1.67B
Receivables $3.44B $3.49B $3.44B $3.44B $2.86B
-Accounts Receivable $3.44B $3.49B $3.44B $3.44B $2.86B
Restricted Cash $7.00M $0.00 $0.00 $0.00 $0.00
Other Current Assets $1.01B $889.00M $858.00M $858.00M $926.00M
Total Non-Current Assets $54.20B $54.47B $54.90B $54.90B $54.10B
Net PPE $646.00M $649.00M $691.00M $691.00M $654.00M
-Gross PPE $1.50B $1.52B $1.55B $1.55B $1.50B
-Accumulated Depreciation -$852.00M -$871.00M -$861.00M -$861.00M -$843.00M
Investments and Advances $613.00M $605.00M $603.00M $603.00M $1.87B
-Long Term Equity Investment $613.00M $605.00M $603.00M $603.00M $1.87B
Goodwill and Other Intangible Assets $52.04B $52.33B $52.75B $52.75B $50.73B
-Goodwill $36.35B $36.36B $36.48B $36.48B $34.92B
-Other Intangible Assets $15.70B $15.98B $16.27B $16.27B $15.81B
Other Non-Current Assets $895.00M $884.00M $610.00M $610.00M $837.00M
Total Liabilities $26.27B $24.59B $25.05B $25.05B $22.05B
Total Current Liabilities $9.13B $9.34B $7.64B $7.64B $5.80B
Payables $849.00M $992.00M $790.00M $790.00M $615.00M
-Accounts Payable $611.00M $510.00M $610.00M $610.00M $418.00M
-Total Tax Payable $238.00M $482.00M $180.00M $180.00M $197.00M
Short-Term Debt and Capital Lease Obligation $2.57B $2.70B $718.00M $718.00M $3.00M
-Current Debt $2.57B $2.70B $718.00M $718.00M $3.00M
Current Deferred Liabilities $3.93B $3.98B $4.09B $4.09B $3.63B
Other Current Liabilities $1.19B $1.23B $1.05B $1.05B $844.00M
Total Non-Current Liabilities $17.14B $15.25B $17.41B $17.41B $16.25B
Long Term Debt and Capital Lease Obligation $13.05B $11.08B $12.86B $12.86B $11.86B
-Long Term Debt $12.60B $10.62B $12.37B $12.37B $11.38B
-Long Term Capital Lease Obligation $452.00M $458.00M $494.00M $494.00M $481.00M
Non-Current Deferred Liabilities $3.15B $3.23B $3.26B $3.26B $3.03B
Employee Benefits $177.00M $176.00M $178.00M $178.00M $187.00M
Other Non-Current Liabilities $764.00M $771.00M $1.11B $1.11B $1.17B
Total Equity $36.64B $36.21B $36.15B $36.15B $37.70B
Stockholders' Equity $31.50B $31.17B $31.13B $31.13B $33.13B
Capital Stock $415.00M $415.00M $415.00M $415.00M $415.00M
-Common Stock $415.00M $415.00M $415.00M $415.00M $415.00M
Additional Paid-In Capital $44.55B $44.51B $44.12B $44.12B $44.35B
Retained Earnings $25.62B $24.80B $23.67B $23.67B $23.29B
Less: Treasury Stock $38.31B $37.82B $36.37B $36.37B $34.12B
Gains/Losses Not Affecting Retained Earnings -$772.00M -$736.00M -$697.00M -$697.00M -$798.00M
Minority Interests $5.14B $5.03B $5.03B $5.03B $4.57B
-Short Term Investments – – $56.00M $56.00M –
Defined Pension Benefit – – $254.00M $254.00M –

Cash flow

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Operating Cash Flow $1.44B $1.04B $5.65B $1.75B $1.51B
Net cash flow from continuing operations $1.44B $1.04B $5.65B $1.75B $1.51B
Net Income from Continuing Operations $1.32B $1.50B $4.82B $1.22B $1.27B
Gain/Loss from Continuing Operations -$11.00M -$175.00M -$273.00M -$270.00M $0.00
Depreciation & Depletion & Amortization $308.00M $307.00M $1.18B $297.00M $294.00M
Deferred Tax -$64.00M -$50.00M -$242.00M $45.00M -$149.00M
Other Non-Cash Items $71.00M $6.00M $324.00M $120.00M -$46.00M
Change in Working Capital -$257.00M -$609.00M -$432.00M $252.00M $55.00M
-Change in Receivables $39.00M -$131.00M -$600.00M -$569.00M $70.00M
-Change in Prepaid Assets -$362.00M $315.00M $132.00M -$26.00M $176.00M
-Change in Payables and Accrued Expense $243.00M -$646.00M -$55.00M $438.00M $31.00M
-Change in Other Current Liabilities -$94.00M -$29.00M -$81.00M $95.00M -$36.00M
-Change In Other Working Capital -$83.00M -$118.00M $172.00M $314.00M -$186.00M
Net cash flow from investing -$39.00M $291.00M -$704.00M -$472.00M -$101.00M
Net Cash Flow from Continuing Investing Activities -$39.00M $291.00M -$704.00M -$472.00M -$101.00M
Capital Expenditure -$38.00M -$27.00M -$195.00M -$46.00M -$45.00M
Net Business Purchase and Sale $2.00M $333.00M -$474.00M -$443.00M -$21.00M
Net Investment Purchase and Sale -$3.00M -$15.00M -$35.00M $17.00M -$35.00M
Financing Cash Flow $945.00M -$1.24B -$4.93B -$1.20B -$1.57B
Net Cash Flow from Continuing Financing Activities $945.00M -$1.24B -$4.93B -$1.20B -$1.57B
Net Issuance Payments Of Debt $1.86B $233.00M $1.70B $1.71B $0.00
Net Common Stock Issuance -$500.00M -$1.00B -$5.00B -$2.50B -$1.20B
Cash Dividends Paid -$287.00M -$288.00M -$1.17B -$290.00M -$291.00M
Net Other Financing Charges -$128.00M -$182.00M -$463.00M -$120.00M -$75.00M
Ending Cash Balance $4.14B $1.81B $1.75B $1.75B $1.67B
Net Change in Cash $2.35B $91.00M $17.00M $74.00M -$162.00M
Beginning Cash Balance $1.81B $1.75B $1.67B $1.67B $1.85B
Effect of Exchange Rate Changes -$14.00M -$26.00M $62.00M -$1.00M -$13.00M
Free Cash Flow $1.40B $1.01B $5.46B $1.70B $1.46B
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