SPGI Stock Analysis: S&P Global | NYSE
Financial Data & Stock Exchanges | NYSE, USA | Market Cap: 123.462m USD | 12M Return: -17.3% | US78409V1044 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 838M
EPS Trend: 98.8%
Qual. Beats: 2
Rev. Trend: 99.5%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
S&P Global Inc. is a U.S.-based large-cap financial services company headquartered in New York and founded in 1860. It provides benchmarks, data, analytics, and workflow solutions across global capital, energy and commodity, and automotive markets through five operating segments: Market Intelligence, Ratings, Energy, Mobility, and S&P Dow Jones Indices. Its offerings span desktop analytics tools, credit ratings, energy commodity price benchmarks, automotive industry data, and equity index licensing serving investors, advisors, corporates, and financial institutions worldwide.
As a member of the Financial Exchanges & Data sub-industry, S&P Global operates in a sector where proprietary benchmarks-such as the widely tracked S&P 500 equity index and global credit ratings-create high-margin, recurring revenue streams through subscription and licensing models. The company serves clients in the United States, Europe, Asia, and other international markets.
- Corporate debt issuance rebound lifts Ratings segment revenue
- Passive ETF inflows drive S&P Dow Jones Indices fee growth
- IHS Markit integration expands recurring subscription revenue base
| Net Income: 4.92b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA -0.10 > 1.0 |
| NWC/Revenue: -2.58% < 20% (prev -0.71%; Δ -1.87% < -1%) |
| CFO/TA 0.09 > 3% & CFO 5.73b > Net Income 4.92b |
| Net Debt (12.1b) to EBITDA (8.23b): 1.47 < 3 |
| Current Ratio: 0.95 > 1.5 & < 3 |
| Outstanding Shares: last quarter (295.5m) vs 12m ago -3.46% < -2% |
| Gross Margin: 70.90% > 18% (prev 69.67%; Δ 1.23% > 0.5%) |
| Asset Turnover: 26.15% > 50% (prev 24.34%; Δ 1.81% > 0%) |
| Interest Coverage Ratio: 22.22 > 6 (EBIT TTM 7.02b / Interest Expense TTM 316.0m) |
| A: -0.01 (Total Current Assets 8.71b - Total Current Liabilities 9.12b) / Total Assets 62.9b |
| B: 0.41 (Retained Earnings 25.6b / Total Assets 62.9b) |
| C: 0.11 (EBIT TTM 7.02b / Avg Total Assets 61.7b) |
| D: 1.20 (Book Value of Equity 31.6b / Total Liabilities 26.3b) |
| Altman-Z'' = 3.31 = A |
| DSRI: 1.05 (Receivables 3.44b/2.98b, Revenue 16.1b/14.7b) |
| GMI: 0.98 (GM 69.67% / 70.90%) |
| AQI: 0.95 (AQ_t 0.85 / AQ_t-1 0.89) |
| SGI: 1.10 (Revenue 16.1b / 14.7b) |
| TATA: -0.01 (NI 4.92b - CFO 5.73b) / TA 62.9b) |
| Beneish M = -2.96 (Cap -4..+1) = A |
As of August 22, 2026, the stock is trading at USD 432.16 with a total of 2,287,323 shares traded. Over the past week, the price has changed by +2.25%, over one month by -3.61%, over three months by +9.80% and over the past year by -17.31%.
Current recommended Stop Loss: 401.20 (which is 7.2% or 2.7 ATR below the current price).
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
| Analysts Target Price | 517 | 19.6% |
P/E Trailing = 25.5055
P/E Forward = 22.6244
P/S = 7.658
P/B = 3.8458
P/EG = 2.0392
Revenue TTM = 16.1b USD
EBIT TTM = 7.02b USD
EBITDA TTM = 8.23b USD
Long Term Debt = 12.6b USD (from longTermDebt, last quarter)
Short Term Debt = 2.70b USD (from shortTermDebt, last quarter)
Debt = 16.2b USD (from shortLongTermDebtTotal, last quarter) + Leases 452.0m
Net Debt = 12.1b USD (calculated: Debt 16.2b - CCE 4.14b)
Enterprise Value = 136b USD (123b + Debt 16.2b - CCE 4.14b)
Interest Coverage Ratio = 22.22 (Ebit TTM 7.02b / Interest Expense TTM 316.0m)
EV/FCF = 24.32x (Enterprise Value 136b / FCF TTM 5.57b)
FCF Yield = 4.11% (FCF TTM 5.57b / Enterprise Value 136b)
FCF Margin = 34.57% (FCF TTM 5.57b / Revenue TTM 16.1b)
Net Margin = 30.53% (Net Income TTM 4.92b / Revenue TTM 16.1b)
Gross Margin = 70.90% ((Revenue TTM 16.1b - Cost of Revenue TTM 4.69b) / Revenue TTM)
Gross Margin QoQ = 71.90% (prev 70.39%)
Tobins Q-Ratio = 2.15 (Enterprise Value 136b / Total Assets 62.9b)
Interest Expense / Debt = 1.95% (Interest Expense 316.0m / Debt 16.2b)
Taxrate = 22.58% (1.55b / 6.87b)
NOPAT = 5.44b (EBIT 7.02b * (1 - 22.58%))
Current Ratio = 0.95 (Total Current Assets 8.71b / Total Current Liabilities 9.12b)
Debt / Equity = 0.51 (Debt 16.2b / totalStockholderEquity, last quarter 31.6b)
Debt / EBITDA = 1.47 (Net Debt 12.1b / EBITDA 8.23b)
Debt / FCF = 2.16 (Net Debt 12.1b / FCF TTM 5.57b)
Total Stockholder Equity = 31.8b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.98% (Net Income 4.92b / Total Assets 62.9b)
RoE = 15.47% (Net Income TTM 4.92b / Total Stockholder Equity 31.8b)
RoCE = 15.81% (EBIT 7.02b / Capital Employed (Equity 31.8b + L.T.Debt 12.6b))
RoIC = 9.76% (NOPAT 5.44b / Invested Capital 55.7b)
WACC = 7.04% (E(123b)/V(140b) * Re(7.77%) + D(16.2b)/V(140b) * Rd(1.95%) * (1-Tc(0.23)))
Discount Rate = 7.77% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -97.80 | Cagr: -2.66%
[DCF] Terminal Value 75.83% ; FCFF base≈5.51b ; Y1≈5.67b ; Y5≈6.31b
[DCF] Fair Price = 290.2 (EV 97.6b - Net Debt 12.1b = Equity 85.5b / Shares 294.8m; r=8.35% [WACC [floored]]; 5y FCF grow 2.99% → 2.50% )
EPS Correlation: 98.80 | EPS CAGR: 17.49% | SUE: 2.58 | # QB: 2
Revenue Correlation: 99.49 | Revenue CAGR: 10.51% | SUE: 0.67 | # QB: 0
EPS current Quarter (2026-09-30): EPS=4.43 | Chg30d=-0.17% | Revisions=-85% | Analysts=20
EPS current Year (2026-12-31): EPS=17.87 | Chg30d=+1.06% | Revisions=-81% | GrowthEPS=+0.2% | GrowthRev=-4.6%
EPS next Year (2027-12-31): EPS=20.24 | Chg30d=-0.37% | Revisions=-87% | GrowthEPS=+13.3% | GrowthRev=+6.9%
[Analyst] Revisions Ratio: -94% (up=0, down=50)