(SPGI) S&P Global - Overview

Sector: Financial Services | Industry: Financial Data & Stock Exchanges | Exchange: NYSE (USA) | Market Cap: 124.128m USD | Total Return: -9.1% in 12m

Data, Analytics, Ratings, Indices, Benchmarks
Total Rating 42
Safety 76
Buy Signal -0.58
Financial Data & Stock Exchanges
Industry Rotation: -13.0
Market Cap: 124B
Avg Turnover: 811M USD
ATR: 2.91%
Peers RS (IBD): 20.6
Risk 5d forecast
Volatility26.1%
Rel. Tail Risk-4.74%
Reward TTM
Sharpe Ratio-0.32
Alpha-28.76
Character TTM
Beta0.612
Beta Downside1.118
Drawdowns 3y
Max DD30.48%
CAGR/Max DD0.24
EPS (Earnings per Share) EPS (Earnings per Share) of SPGI over the last years for every Quarter: "2021-03": 3.39, "2021-06": 3.62, "2021-09": 3.54, "2021-12": 3.15, "2022-03": 2.89, "2022-06": 2.81, "2022-09": 2.93, "2022-12": 2.54, "2023-03": 3.15, "2023-06": 3.12, "2023-09": 3.21, "2023-12": 3.13, "2024-03": 4.01, "2024-06": 4.04, "2024-09": 3.89, "2024-12": 3.77, "2025-03": 4.37, "2025-06": 4.43, "2025-09": 4.73, "2025-12": 4.3,
EPS CAGR: 11.18%
EPS Trend: 91.8%
Last SUE: -0.13
Qual. Beats: 0
Revenue Revenue of SPGI over the last years for every Quarter: 2021-03: 2016, 2021-06: 2106, 2021-09: 2087, 2021-12: 2088, 2022-03: 2389, 2022-06: 2993, 2022-09: 2861, 2022-12: 2937, 2023-03: 3160, 2023-06: 3101, 2023-09: 3084, 2023-12: 3152, 2024-03: 3491, 2024-06: 3549, 2024-09: 3575, 2024-12: 3592, 2025-03: 3777, 2025-06: 3755, 2025-09: 3888, 2025-12: 3916,
Rev. CAGR: 14.09%
Rev. Trend: 94.1%
Last SUE: 0.23
Qual. Beats: 0

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Description: SPGI S&P Global

S&P Global Inc. (SPGI) provides data, analytics, and workflow solutions across global capital, energy, commodity, and automotive markets. The company operates five segments: Market Intelligence, Ratings, Energy, Mobility, and Dow Jones Indices.

The Market Intelligence segment offers multi-asset-class data and analytics, including desktop products, research, and credit/risk solutions. The Ratings segment provides independent credit ratings, research, and analytics, a core service for financial markets. The Energy segment delivers information and benchmark prices for energy and commodity sectors. The Mobility segment serves the automotive value chain with various solutions. The Dow Jones Indices segment maintains valuation and index benchmarks for investment professionals.

SPGIs business model relies on recurring revenue streams from subscriptions and data licensing. Many of its offerings, particularly credit ratings and indices, are foundational to financial infrastructure. Investors seeking deeper insights into SPGIs fundamental performance may find ValueRay a useful resource.

Headlines to Watch Out For
  • Global credit rating demand impacts S&P Global Ratings revenue
  • Financial market volatility affects data and analytics subscriptions
  • Energy and commodity price trends influence S&P Global Energy segment
  • Automotive industry health drives S&P Global Mobility performance
  • Index-linked product growth boosts S&P Dow Jones Indices fees
Piotroski VR‑10 (Strict) 7.0
Net Income: 4.47b TTM > 0 and > 6% of Revenue
FCF/TA: 0.09 > 0.02 and ΔFCF/TA -0.33 > 1.0
NWC/Revenue: -8.74% < 20% (prev -6.57%; Δ -2.18% < -1%)
CFO/TA 0.09 > 3% & CFO 5.65b > Net Income 4.47b
Net Debt (12.46b) to EBITDA (7.70b): 1.62 < 3
Current Ratio: 0.82 > 1.5 & < 3
Outstanding Shares: last quarter (302.1m) vs 12m ago -3.14% < -2%
Gross Margin: 70.25% > 18% (prev 0.69%; Δ 6.96k% > 0.5%)
Asset Turnover: 25.26% > 50% (prev 23.59%; Δ 1.67% > 0%)
Interest Coverage Ratio: 22.62 > 6 (EBITDA TTM 7.70b / Interest Expense TTM 288.0m)
Altman Z'' 2.82
A: -0.02 (Total Current Assets 6.30b - Total Current Liabilities 7.64b) / Total Assets 61.20b
B: 0.39 (Retained Earnings 23.67b / Total Assets 61.20b)
C: 0.11 (EBIT TTM 6.51b / Avg Total Assets 60.71b)
D: 0.93 (Book Value of Equity 23.38b / Total Liabilities 25.05b)
Altman-Z'' Score: 2.82 = A
Beneish M -2.92
DSRI: 1.11 (Receivables 3.44b/2.87b, Revenue 15.34b/14.21b)
GMI: 0.98 (GM 70.25% / 69.16%)
AQI: 0.99 (AQ_t 0.89 / AQ_t-1 0.90)
SGI: 1.08 (Revenue 15.34b / 14.21b)
TATA: -0.02 (NI 4.47b - CFO 5.65b) / TA 61.20b)
Beneish M-Score: -2.92 (Cap -4..+1) = A
What is the price of SPGI shares? As of April 15, 2026, the stock is trading at USD 425.24 with a total of 1,896,528 shares traded.
Over the past week, the price has changed by -1.12%, over one month by -0.32%, over three months by -21.79% and over the past year by -9.11%.
Is SPGI a buy, sell or hold? S&P Global has received a consensus analysts rating of 4.62. Therefore, it is recommended to buy SPGI.
  • StrongBuy: 17
  • Buy: 8
  • Hold: 1
  • Sell: 0
  • StrongSell: 0
What are the forecasts/targets for the SPGI price?
Analysts Target Price 538.5 26.6%
S&P Global (SPGI) - Fundamental Data Overview as of 13 April 2026
P/E Trailing = 28.337
P/E Forward = 21.1416
P/S = 8.0939
P/B = 3.9501
P/EG = 1.4677
Revenue TTM = 15.34b USD
EBIT TTM = 6.51b USD
EBITDA TTM = 7.70b USD
Long Term Debt = 12.37b USD (from longTermDebt, last quarter)
Short Term Debt = 842.0m USD (from shortTermDebt, last quarter)
Debt = 14.20b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 12.46b USD (from netDebt column, last quarter)
Enterprise Value = 136.53b USD (124.13b + Debt 14.20b - CCE 1.80b)
Interest Coverage Ratio = 22.62 (Ebit TTM 6.51b / Interest Expense TTM 288.0m)
EV/FCF = 25.02x (Enterprise Value 136.53b / FCF TTM 5.46b)
FCF Yield = 4.00% (FCF TTM 5.46b / Enterprise Value 136.53b)
FCF Margin = 35.58% (FCF TTM 5.46b / Revenue TTM 15.34b)
Net Margin = 29.16% (Net Income TTM 4.47b / Revenue TTM 15.34b)
Gross Margin = 70.25% ((Revenue TTM 15.34b - Cost of Revenue TTM 4.56b) / Revenue TTM)
Gross Margin QoQ = 70.12% (prev 71.17%)
Tobins Q-Ratio = 2.23 (Enterprise Value 136.53b / Total Assets 61.20b)
Interest Expense / Debt = 0.38% (Interest Expense 54.0m / Debt 14.20b)
Taxrate = 24.95% (407.0m / 1.63b)
NOPAT = 4.89b (EBIT 6.51b * (1 - 24.95%))
Current Ratio = 0.82 (Total Current Assets 6.30b / Total Current Liabilities 7.64b)
Debt / Equity = 0.45 (Debt 14.20b / totalStockholderEquity, last quarter 31.23b)
Debt / EBITDA = 1.62 (Net Debt 12.46b / EBITDA 7.70b)
Debt / FCF = 2.28 (Net Debt 12.46b / FCF TTM 5.46b)
Total Stockholder Equity = 32.84b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.37% (Net Income 4.47b / Total Assets 61.20b)
RoE = 13.62% (Net Income TTM 4.47b / Total Stockholder Equity 32.84b)
RoCE = 14.41% (EBIT 6.51b / Capital Employed (Equity 32.84b + L.T.Debt 12.37b))
RoIC = 10.97% (NOPAT 4.89b / Invested Capital 44.57b)
WACC = 7.32% (E(124.13b)/V(138.33b) * Re(8.13%) + D(14.20b)/V(138.33b) * Rd(0.38%) * (1-Tc(0.25)))
Discount Rate = 8.13% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -2.21%
[DCF] Terminal Value 83.83% ; FCFF base≈5.50b ; Y1≈6.78b ; Y5≈11.58b
[DCF] Fair Price = 738.2 (EV 230.95b - Net Debt 12.46b = Equity 218.50b / Shares 296.0m; r=7.32% [WACC]; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 91.83 | EPS CAGR: 11.18% | SUE: -0.13 | # QB: 0
Revenue Correlation: 94.13 | Revenue CAGR: 14.09% | SUE: 0.23 | # QB: 0
EPS next Quarter (2026-06-30): EPS=4.96 | Chg7d=+0.002 | Chg30d=+0.001 | Revisions Net=+0 | Analysts=21
EPS current Year (2026-12-31): EPS=19.62 | Chg7d=-0.002 | Chg30d=-0.005 | Revisions Net=+0 | Growth EPS=+10.0% | Growth Revenue=+7.5%
EPS next Year (2027-12-31): EPS=22.07 | Chg7d=-0.012 | Chg30d=-0.002 | Revisions Net=-1 | Growth EPS=+12.5% | Growth Revenue=+7.3%
[Analyst] Revisions Ratio: +0.00 (1 Up / 1 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 4.6% (Discount Rate 8.1% - Earnings Yield 3.5%)
[Growth] Growth Spread = +4.4% (Analyst 9.0% - Implied 4.6%)
External Resources
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