Overview Dividends

(SPGI) S&P Global - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US78409V1044

Credit Ratings, Benchmarks, Analytics, Indices, Data

Financial Exchanges & Data
Market Cap in USD: 161,104m

IPO / Inception: 2001-01-02
Return 12m vs S&P 500: -6.43%

EPS (Earnings per Share)

EPS CAGR: -46.01%
EPS Trend: -10.8%

Last SUE: -4.00
Qual. Beats: 0

Revenue

Rev. CAGR: 18.03%
Rev. Trend: 91.3%

Last SUE: 1.63
Qual. Beats: 3

Dividends

Dividend Yield	0.71%
Yield on Cost 5y	1.22%
Yield CAGR 5y	5.67%
Payout Consistency	98.4%
Payout Ratio	22.2%

Risk via 5d forecast
Volatility	21.8%
Value at Risk 5%th	33.7%
Relative Tail Risk	-6.05%

Reward TTM
Sharpe Ratio	0.30
Alpha	-5.83
CAGR/Max DD	0.81

Character TTM
Hurst Exponent	0.498
Beta	0.731
Beta Downside	0.851

Drawdowns 3y
Max DD	19.87%
Mean DD	5.98%
Median DD	5.25%

Description: SPGI S&P Global December 01, 2025

S&P Global Inc. (NYSE: SPGI) delivers credit ratings, benchmarks, analytics, and workflow solutions across capital, commodity, and automotive markets through five operating segments: Market Intelligence, Ratings, Energy, Mobility, and Dow Jones Indices. The firm’s core revenue stream comes from data-driven products-particularly its Market Intelligence platform, which bundles multi-asset-class data, third-party research, and enterprise workflow tools for finance and corporate users.

Key performance indicators from the most recent fiscal year (FY 2023) show total revenue of approximately **$13.1 billion**, an operating margin of **~35 %**, and earnings per share of **$71.5**. The Market Intelligence segment contributed roughly **58 %** of revenue, reflecting the broader industry trend of escalating demand for real-time data and analytics amid tighter capital markets and higher regulatory scrutiny.

Sector-level drivers that materially affect S&P Global’s outlook include: (1) the **global interest-rate environment**, which influences the volume and pricing of credit-rating services; (2) **commodity-price volatility**, which underpins the Energy segment’s benchmark pricing business; and (3) the continued **shift toward passive investing**, bolstering demand for index products from the Dow Jones Indices arm. A potential risk is a slowdown in corporate-earnings reporting, which could dampen the appetite for the firm’s data-subscription services.

For analysts seeking a deeper, data-centric view of S&P Global’s valuation dynamics, a quick look at the **ValueRay** platform can surface comparable peer multiples and scenario-based sensitivity analyses-worth exploring before forming a trade thesis.

Piotroski VR‑10 (Strict, 0-10) 6.5

Net Income (4.13b TTM) > 0 and > 6% of Revenue (6% = 900.7m TTM)

FCFTA 0.09 (>2.0%) and ΔFCFTA 0.62pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -0.99% (prev -2.20%; Δ 1.21pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.09 (>3.0%) and CFO 5.64b > Net Income 4.13b (YES >=105%, WARN >=100%)

Net Debt (10.19b) to EBITDA (7.33b) ratio: 1.39 <= 3.0 (WARN <= 3.5)

Current Ratio 0.97 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (304.5m) change vs 12m ago -2.25% (target <= -2.0% for YES)

Gross Margin 69.98% (prev 68.77%; Δ 1.21pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 25.00% (prev 22.81%; Δ 2.19pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 20.24 (EBITDA TTM 7.33b / Interest Expense TTM 304.0m) >= 6 (WARN >= 3)

Altman Z'' 3.03

(A) -0.00 = (Total Current Assets 5.65b - Total Current Liabilities 5.80b) / Total Assets 59.75b

(B) 0.39 = Retained Earnings (Balance) 23.29b / Total Assets 59.75b

(D) 1.04 = Book Value of Equity 22.91b / Total Liabilities 22.05b

Total Rating: 3.03 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 74.02

1. Piotroski 6.50pt

2. FCF Yield 3.19%

3. FCF Margin 36.38%

4. Debt/Equity 0.36

5. Debt/Ebitda 1.39

6. ROIC - WACC (= 1.99)%

7. RoE 12.39%

8. Rev. Trend 91.32%

9. EPS Trend -10.76%

What is the price of SPGI shares?

As of January 07, 2026, the stock is trading at USD 539.65 with a total of 1,425,276 shares traded.
Over the past week, the price has changed by +2.27%, over one month by +9.66%, over three months by +13.04% and over the past year by +10.01%.

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.

Strong Buy: 17
Buy: 8
Hold: 1
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the SPGI price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	609.1	12.9%
Analysts Target Price	609.1	12.9%
ValueRay Target Price	593.2	9.9%

SPGI Fundamental Data Overview January 01, 2026

Market Cap USD = 161.10b (161.10b USD * 1.0 USD.USD)
P/E Trailing = 38.3217
P/E Forward = 26.5252
P/S = 10.7317
P/B = 4.8225
P/EG = 1.7015
Beta = 1.188
Revenue TTM = 15.01b USD
EBIT TTM = 6.15b USD
EBITDA TTM = 7.33b USD
Long Term Debt = 11.38b USD (from longTermDebt, last quarter)
Short Term Debt = 3.00m USD (from shortTermDebt, last quarter)
Debt = 11.87b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 10.19b USD (from netDebt column, last quarter)
Enterprise Value = 171.30b USD (161.10b + Debt 11.87b - CCE 1.67b)
Interest Coverage Ratio = 20.24 (Ebit TTM 6.15b / Interest Expense TTM 304.0m)
FCF Yield = 3.19% (FCF TTM 5.46b / Enterprise Value 171.30b)
FCF Margin = 36.38% (FCF TTM 5.46b / Revenue TTM 15.01b)
Net Margin = 27.50% (Net Income TTM 4.13b / Revenue TTM 15.01b)
Gross Margin = 69.98% ((Revenue TTM 15.01b - Cost of Revenue TTM 4.51b) / Revenue TTM)
Gross Margin QoQ = 71.17% (prev 70.20%)
Tobins Q-Ratio = 2.87 (Enterprise Value 171.30b / Total Assets 59.75b)
Interest Expense / Debt = 0.67% (Interest Expense 79.0m / Debt 11.87b)
Taxrate = 26.41% (422.0m / 1.60b)
NOPAT = 4.53b (EBIT 6.15b * (1 - 26.41%))
Current Ratio = 0.97 (Total Current Assets 5.65b / Total Current Liabilities 5.80b)
Debt / Equity = 0.36 (Debt 11.87b / totalStockholderEquity, last quarter 33.24b)
Debt / EBITDA = 1.39 (Net Debt 10.19b / EBITDA 7.33b)
Debt / FCF = 1.87 (Net Debt 10.19b / FCF TTM 5.46b)
Total Stockholder Equity = 33.32b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.91% (Net Income 4.13b / Total Assets 59.75b)
RoE = 12.39% (Net Income TTM 4.13b / Total Stockholder Equity 33.32b)
RoCE = 13.76% (EBIT 6.15b / Capital Employed (Equity 33.32b + L.T.Debt 11.38b))
RoIC = 10.14% (NOPAT 4.53b / Invested Capital 44.65b)
WACC = 8.15% (E(161.10b)/V(172.97b) * Re(8.71%) + D(11.87b)/V(172.97b) * Rd(0.67%) * (1-Tc(0.26)))
Discount Rate = 8.71% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.82%
[DCF Debug] Terminal Value 79.31% ; FCFE base≈5.33b ; Y1≈6.58b ; Y5≈11.23b
Fair Price DCF = 555.5 (DCF Value 168.20b / Shares Outstanding 302.8m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: -10.76 | EPS CAGR: -46.01% | SUE: -4.0 | # QB: 0
Revenue Correlation: 91.32 | Revenue CAGR: 18.03% | SUE: 1.63 | # QB: 3
EPS next Quarter (2026-03-31): EPS=4.90 | Chg30d=+0.006 | Revisions Net=+2 | Analysts=19
EPS next Year (2026-12-31): EPS=19.83 | Chg30d=+0.062 | Revisions Net=+4 | Growth EPS=+11.3% | Growth Revenue=+7.3%

Additional Sources for SPGI Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle