(SPGI) S&P Global - Ratings and Ratios
Credit Ratings, Benchmarks, Analytics, Indices, Workflow
EPS (Earnings per Share)
Revenue
| Risk via 10d forecast | |
|---|---|
| Volatility | 19.4% |
| Value at Risk 5%th | 30.4% |
| Relative Tail Risk | -4.37% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.13 |
| Alpha | -11.96 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.518 |
| Beta | 0.748 |
| Beta Downside | 0.836 |
| Drawdowns 3y | |
|---|---|
| Max DD | 19.87% |
| Mean DD | 5.78% |
| Median DD | 5.04% |
Description: SPGI S&P Global September 24, 2025
S&P Global Inc. (NYSE: SPGI) is a diversified information-services firm that delivers credit ratings, benchmarks, analytics, and workflow solutions across capital-market, commodity-market, and automotive ecosystems. Its operations are organized into five distinct segments: S&P Global Market Intelligence, S&P Global Ratings, S&P Global Commodity Insights, S&P Global Mobility, and S&P Dow Jones Indices.
The Market Intelligence segment is the company’s largest revenue engine, generating roughly $7 billion in FY 2023-about 12 % year-over-year growth-driven by expanding demand for multi-asset-class data, ESG analytics, and integrated workflow platforms such as the Desktop suite. A key driver is the accelerating adoption of cloud-based research tools by investment banks and corporates seeking faster, data-rich decision-making.
S&P Global Ratings operates as an independent credit-rating agency, covering roughly 30 % of global sovereign and corporate rating volume. In FY 2023 the segment posted an operating margin of 45 %, reflecting the high-margin, subscription-based nature of credit-rating and research services. Market participants increasingly rely on its ratings for regulatory capital calculations and ESG-linked financing.
S&P Global Commodity Insights supplies price benchmarks and market intelligence for more than 30 commodities, with revenue closely tied to energy-price volatility and supply-chain disruptions. The segment’s data-licensing contracts grew at an estimated 8 % CAGR over the past three years, underscoring the rising importance of real-time commodity analytics for both producers and traders.
The Mobility segment serves the full automotive value chain-from OEMs and suppliers to mobility-as-a-service platforms-capitalizing on the shift toward electrification and connected-vehicle data. Meanwhile, S&P Dow Jones Indices manages roughly $2.5 trillion in assets under management, providing a suite of equity, fixed-income, and factor-based indices that have become benchmarks for passive and active strategies worldwide.
For a deeper dive into how S&P Global’s data ecosystem could intersect with your own investment models, consider exploring ValueRay’s analytical tools to uncover hidden alpha opportunities.
SPGI Stock Overview
| Market Cap in USD | 149,682m |
| Sub-Industry | Financial Exchanges & Data |
| IPO / Inception | 2001-01-02 |
| Return 12m vs S&P 500 | -12.1% |
| Analyst Rating | 4.62 of 5 |
SPGI Dividends
| Metric | Value |
|---|---|
| Dividend Yield | 0.97% |
| Yield on Cost 5y | 1.47% |
| Yield CAGR 5y | 7.95% |
| Payout Consistency | 98.3% |
| Payout Ratio | 22.2% |
SPGI Growth Ratios
| Metric | Value |
|---|---|
| CAGR 3y | 12.07% |
| CAGR/Max DD Calmar Ratio | 0.61 |
| CAGR/Mean DD Pain Ratio | 2.09 |
| Current Volume | 1246.1k |
| Average Volume | 1567.8k |
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 |
| (C) 0.10 = EBIT TTM 6.15b / Avg Total Assets 60.06b |
| (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) 79.67
| 1. Piotroski 6.50pt |
| 2. FCF Yield 3.42% |
| 3. FCF Margin 36.38% |
| 4. Debt/Equity 0.36 |
| 5. Debt/Ebitda 1.39 |
| 6. ROIC - WACC (= 1.98)% |
| 7. RoE 12.39% |
| 8. Rev. Trend 96.12% |
| 9. EPS Trend 93.23% |
What is the price of SPGI shares?
Over the past week, the price has changed by -2.40%, over one month by +2.79%, over three months by -11.72% and over the past year by -1.73%.
Is SPGI a buy, sell or hold?
- 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 | 608.9 | 24% |
| Analysts Target Price | 608.9 | 24% |
| ValueRay Target Price | 494.9 | 0.8% |
SPGI Fundamental Data Overview November 20, 2025
P/E Trailing = 35.7087
P/E Forward = 25.3165
P/S = 9.9709
P/B = 4.4806
P/EG = 1.6217
Beta = 1.191
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 = 159.88b USD (149.68b + Debt 11.87b - CCE 1.67b)
Interest Coverage Ratio = 20.24 (Ebit TTM 6.15b / Interest Expense TTM 304.0m)
FCF Yield = 3.42% (FCF TTM 5.46b / Enterprise Value 159.88b)
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 = 2.68 (Enterprise Value 159.88b / 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 = 8.16% (E(149.68b)/V(161.55b) * Re(8.77%) + D(11.87b)/V(161.55b) * Rd(0.67%) * (1-Tc(0.26)))
Discount Rate = 8.77% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.82%
[DCF Debug] Terminal Value 79.12% ; FCFE base≈5.33b ; Y1≈6.58b ; Y5≈11.23b
Fair Price DCF = 549.5 (DCF Value 166.39b / Shares Outstanding 302.8m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 93.23 | EPS CAGR: 25.37% | SUE: 3.55 | # QB: 7
Revenue Correlation: 96.12 | Revenue CAGR: 10.74% | SUE: 1.63 | # QB: 3
Additional Sources for SPGI Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle