SPGI Stock Analysis: S&P Global | NYSE
Financial Data & Stock Exchanges | NYSE, USA | Market Cap: 120.865m USD | 12M Return: -2.9% | US78409V1044 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 700M
EPS Trend: 98.8%
Qual. Beats: 2
Rev. Trend: 99.5%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 11.7 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. (NYSE: SPGI) is a U.S.-based large-cap financial information services company headquartered in New York, operating within the GICS Financials sector under the Financial Exchanges & Data sub-industry. Founded in 1860, it provides benchmarks, data, analytics, and workflow solutions to global capital, energy/commodity, and automotive markets.
The company operates through four segments: S&P Global Market Intelligence (multi-asset-class data, analytics, and enterprise workflow tools), S&P Global Ratings (an independent credit rating agency serving investors and capital markets participants), S&P Global Energy (energy and commodity benchmark pricing), and S&P Dow Jones Indices (index and benchmark provision, including the widely tracked S&P 500). Its index licensing and credit ratings businesses are core, recurring-revenue pillars of the companys business model.
S&P Global serves a global client base across the United States, Europe, Asia, and other international markets, with operations spanning financial professionals, institutional investors, wealth managers, and corporate users.
- Ratings revenue tracks global debt issuance volumes
- Passive ETF inflows accelerate Index licensing fee growth
- Competition from MSCI pressures Market Intelligence margins
| 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 October 17, 2026, the stock is trading at USD 429.64 with a total of 2,433,783 shares traded. Over the past week, the price has changed by +5.35%, over one month by +5.62%, over three months by -5.85% and over the past year by -2.94%.
Current recommended Stop Loss: 418.00 (which is 2.7% or 1.3 ATR below the current price).
S&P Global has received a consensus analysts rating of 4.67. Therefore, it is recommended to buy SPGI.
- StrongBuy: 17
- Buy: 6
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 516.2 | 20.1% |
P/E Trailing = 24.9537
P/E Forward = 19.8807
P/S = 7.4969
P/B = 3.8042
P/EG = 1.9431
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 = 133b USD (121b + Debt 16.2b - CCE 4.14b)
Interest Coverage Ratio = 22.22 (Ebit TTM 7.02b / Interest Expense TTM 316.0m)
EV/FCF = 23.85x (Enterprise Value 133b / FCF TTM 5.57b)
FCF Yield = 4.19% (FCF TTM 5.57b / Enterprise Value 133b)
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 = 2.11 (Enterprise Value 133b / 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 = 6.92% (E(121b)/V(137b) * Re(7.65%) + D(16.2b)/V(137b) * Rd(1.95%) * (1-Tc(0.23)))
Discount Rate = 7.65% (= 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=4.42 | Chg30d=-0.11% | Revisions=+0% | Analysts=21
EPS current Year (2026-12-31): EPS=17.86 | Chg30d=-0.08% | Revisions=-40% | GrowthEPS=+0.2% | GrowthRev=-3.7%
EPS next Year (2027-12-31): EPS=20.19 | Chg30d=-0.14% | Revisions=+0% | GrowthEPS=+13.1% | GrowthRev=+5.5%
[Analyst] Revisions Ratio: -22% (up=2, down=4)