(SPGI) S&P Global - Overview
Stock: Ratings, Indices, Analytics, Energy Data, Mobility
| Risk 5d forecast | |
|---|---|
| Volatility | 42.2% |
| Relative Tail Risk | -7.72% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.93 |
| Alpha | -34.91 |
| Character TTM | |
|---|---|
| Beta | 0.766 |
| Beta Downside | 0.823 |
| Drawdowns 3y | |
|---|---|
| Max DD | 30.48% |
| CAGR/Max DD | 0.21 |
EPS (Earnings per Share)
Revenue
Description: SPGI S&P Global January 26, 2026
S&P Global Inc. (NYSE: SPGI) delivers credit ratings, benchmarks, analytics, and workflow solutions across global capital, commodity, and automotive markets through five operating segments: Market Intelligence, Ratings, Energy, Mobility, and Dow Jones Indices.
The Market Intelligence segment supplies multi-asset-class data, analytics, and purpose-built workflow tools-including the Desktop suite, reference-data services, and enterprise software-targeting finance and corporate professionals.
S&P Global Ratings operates as an independent credit-rating agency, providing research, analytics, and benchmarks that inform investors and other market participants.
The Energy segment offers commodity-price information and benchmarks for energy markets, while Mobility serves the full automotive value chain with data and solutions for OEMs, suppliers, finance firms, and consumers. Dow Jones Indices maintains a broad set of valuation and index benchmarks for advisors, wealth managers, and institutional investors.
In FY 2023 the company generated $12.1 billion in revenue (up 8% YoY) and reported adjusted EPS of $12.46, driven by a 12% increase in Market Intelligence subscriptions and a 6% rise in Ratings fees, reflecting heightened demand for credit analysis amid a higher-interest-rate environment.
Key sector drivers include the expanding need for ESG-related data, rising issuance of corporate debt as companies refinance in a tightening cycle, and continued growth in passive-investment assets that boost demand for index licensing.
For a deeper quantitative assessment, you might explore ValueRay’s proprietary valuation models.
Piotroski VR‑10 (Strict, 0-10) 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 (11.84b) to EBITDA (7.40b): 1.60 < 3 |
| Current Ratio: 0.82 > 1.5 & < 3 |
| Outstanding Shares: last quarter (302.1m) vs 12m ago -3.14% < -2% |
| Gross Margin: 59.59% > 18% (prev 0.69%; Δ 5889 % > 0.5%) |
| Asset Turnover: 25.26% > 50% (prev 23.59%; Δ 1.67% > 0%) |
| Interest Coverage Ratio: 16.76 > 6 (EBITDA TTM 7.40b / Interest Expense TTM 288.0m) |
Altman Z'' 2.59
| A: -0.02 (Total Current Assets 6.30b - Total Current Liabilities 7.64b) / Total Assets 61.20b |
| B: 0.38 (Retained Earnings 23.29b / Total Assets 61.20b) |
| C: 0.08 (EBIT TTM 4.83b / Avg Total Assets 60.71b) |
| D: 0.91 (Book Value of Equity 22.91b / Total Liabilities 25.05b) |
| Altman-Z'' Score: 2.59 = A |
Beneish M
| DSRI: none (Receivables none/2.87b, Revenue 15.34b/14.21b) |
| GMI: 1.16 (GM 59.59% / 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: cannot calculate (missing components) |
What is the price of SPGI shares?
Over the past week, the price has changed by +2.34%, over one month by -20.92%, over three months by -15.89% and over the past year by -23.96%.
Is SPGI a buy, sell or hold?
- StrongBuy: 17
- Buy: 8
- Hold: 1
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the SPGI price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 548.6 | 33.6% |
| Analysts Target Price | 548.6 | 33.6% |
SPGI Fundamental Data Overview February 18, 2026
P/E Forward = 19.9601
P/S = 7.8425
P/B = 3.8129
P/EG = 1.2808
Revenue TTM = 15.34b USD
EBIT TTM = 4.83b USD
EBITDA TTM = 7.40b USD
Long Term Debt = 11.38b USD (from longTermDebt, two quarters ago)
Short Term Debt = 718.0m USD (from shortTermDebt, last quarter)
Debt = 13.58b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 11.84b USD (from netDebt column, last quarter)
Enterprise Value = 132.11b USD (120.27b + Debt 13.58b - CCE 1.75b)
Interest Coverage Ratio = 16.76 (Ebit TTM 4.83b / Interest Expense TTM 288.0m)
EV/FCF = 24.21x (Enterprise Value 132.11b / FCF TTM 5.46b)
FCF Yield = 4.13% (FCF TTM 5.46b / Enterprise Value 132.11b)
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 = 59.59% ((Revenue TTM 15.34b - Cost of Revenue TTM 6.20b) / Revenue TTM)
Gross Margin QoQ = 35.88% (prev 63.61%)
Tobins Q-Ratio = 2.16 (Enterprise Value 132.11b / Total Assets 61.20b)
Interest Expense / Debt = 0.40% (Interest Expense 54.0m / Debt 13.58b)
Taxrate = 24.95% (407.0m / 1.63b)
NOPAT = 3.62b (EBIT 4.83b * (1 - 24.95%))
Current Ratio = 0.82 (Total Current Assets 6.30b / Total Current Liabilities 7.64b)
Debt / Equity = 0.43 (Debt 13.58b / totalStockholderEquity, last quarter 31.23b)
Debt / EBITDA = 1.60 (Net Debt 11.84b / EBITDA 7.40b)
Debt / FCF = 2.17 (Net Debt 11.84b / 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 = 10.92% (EBIT 4.83b / Capital Employed (Equity 32.84b + L.T.Debt 11.38b))
RoIC = 8.11% (NOPAT 3.62b / Invested Capital 44.69b)
WACC = 7.88% (E(120.27b)/V(133.85b) * Re(8.74%) + D(13.58b)/V(133.85b) * Rd(0.40%) * (1-Tc(0.25)))
Discount Rate = 8.74% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -2.21%
[DCF Debug] Terminal Value 81.64% ; FCFF base≈5.50b ; Y1≈6.78b ; Y5≈11.55b
Fair Price DCF = 629.6 (EV 199.96b - Net Debt 11.84b = Equity 188.12b / Shares 298.8m; r=7.88% [WACC]; 5y FCF grow 25.0% → 2.90% )
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 (2026-03-31): EPS=4.83 | Chg30d=-0.091 | Revisions Net=+6 | Analysts=18
EPS current Year (2026-12-31): EPS=19.65 | Chg30d=-0.277 | Revisions Net=+5 | Growth EPS=+10.2% | Growth Revenue=+7.5%
EPS next Year (2027-12-31): EPS=22.16 | Chg30d=-0.140 | Revisions Net=+4 | Growth EPS=+12.8% | Growth Revenue=+7.3%