SPGI Stock Analysis: S&P Global | NYSE
Financial Data & Stock Exchanges | NYSE, USA | Market Cap: 137.130m USD | 12M Return: 0.4% | US78409V1044 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 824M
EPS Trend: 98.1%
Qual. Beats: 3
Rev. Trend: 98.6%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 11.9 years of data, until 10/2026
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, ≥40 worth a closer look and ≥60 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: 4.99b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.12 > 0.02 and ΔFCF/TA 2.60 > 1.0 |
| NWC/Revenue: -14.47% < 20% (prev -0.99%; Δ -13.48% < -1%) |
| CFO/TA 0.12 > 3% & CFO 5.78b > Net Income 4.99b |
| Net Debt (11.5b) to EBITDA (8.44b): 1.37 < 3 |
| Current Ratio: 0.74 > 1.5 & < 3 |
| Outstanding Shares: last quarter (291.6m) vs 12m ago -4.24% < -2% |
| Gross Margin: 71.06% > 18% (prev 69.98%; Δ 1.09% > 0.5%) |
| Asset Turnover: 29.52% > 50% (prev 25.13%; Δ 4.40% > 0%) |
| Interest Coverage Ratio: 22.53 > 6 (EBIT TTM 7.30b / Interest Expense TTM 324.0m) |
| A: -0.05 (Total Current Assets 6.42b - Total Current Liabilities 8.72b) / Total Assets 48.0b |
| B: 0.34 (Retained Earnings 16.5b / Total Assets 48.0b) |
| C: 0.14 (EBIT TTM 7.30b / Avg Total Assets 53.9b) |
| D: 0.86 (Book Value of Equity 19.7b / Total Liabilities 22.9b) |
| Altman-Z'' = 2.62 = A |
| DSRI: 1.02 (Receivables 3.10b/2.86b, Revenue 15.9b/15.0b) |
| GMI: 0.98 (GM 69.98% / 71.06%) |
| AQI: 0.96 (AQ_t 0.85 / AQ_t-1 0.89) |
| SGI: 1.06 (Revenue 15.9b / 15.0b) |
| TATA: -0.02 (NI 4.99b - CFO 5.78b) / TA 48.0b) |
| Beneish M = -3.01 (Cap -4..+1) = AA |
As of November 14, 2026, the stock is trading at USD 473.59 with a total of 898,141 shares traded. Over the past week, the price has changed by +1.24%, over one month by +15.51%, over three months by +12.30% and over the past year by +0.41%.
Current recommended Stop Loss: 447.00 (which is 5.6% or 2.5 ATR below the current price).
S&P Global has received a consensus analysts rating of 4.65. Therefore, it is recommended to buy SPGI.
- StrongBuy: 16
- Buy: 6
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 526.7 | 11.2% |
P/E Trailing = 28.2572
P/E Forward = 23.2019
P/S = 8.4165
P/B = 6.988
P/EG = 1.9015
Revenue TTM = 15.9b USD
EBIT TTM = 7.30b USD
EBITDA TTM = 8.44b USD
Long Term Debt = 10.6b USD (from longTermDebt, last quarter)
Short Term Debt = 2.57b USD (from shortTermDebt, last quarter)
Debt = 14.0b USD (from shortLongTermDebtTotal, last quarter) + Leases 403.0m
Net Debt = 11.5b USD (calculated: Debt 14.0b - CCE 2.44b)
Enterprise Value = 149b USD (137b + Debt 14.0b - CCE 2.44b)
Interest Coverage Ratio = 22.53 (Ebit TTM 7.30b / Interest Expense TTM 324.0m)
EV/FCF = 26.36x (Enterprise Value 149b / FCF TTM 5.64b)
FCF Yield = 3.79% (FCF TTM 5.64b / Enterprise Value 149b)
FCF Margin = 35.45% (FCF TTM 5.64b / Revenue TTM 15.9b)
Net Margin = 31.34% (Net Income TTM 4.99b / Revenue TTM 15.9b)
Gross Margin = 71.06% ((Revenue TTM 15.9b - Cost of Revenue TTM 4.60b) / Revenue TTM)
Gross Margin QoQ = 71.89% (prev 71.90%)
Tobins Q-Ratio = 3.10 (Enterprise Value 149b / Total Assets 48.0b)
Interest Expense / Debt = 2.32% (Interest Expense 324.0m / Debt 14.0b)
Taxrate = 23.58% (1.68b / 7.14b)
NOPAT = 5.58b (EBIT 7.30b * (1 - 23.58%))
Current Ratio = 0.74 (Total Current Assets 6.42b / Total Current Liabilities 8.72b)
Debt / Equity = 0.71 (Debt 14.0b / totalStockholderEquity, last quarter 19.7b)
Debt / EBITDA = 1.37 (Net Debt 11.5b / EBITDA 8.44b)
Debt / FCF = 2.05 (Net Debt 11.5b / FCF TTM 5.64b)
Total Stockholder Equity = 28.4b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.25% (Net Income 4.99b / Total Assets 48.0b)
RoE = 17.54% (Net Income TTM 4.99b / Total Stockholder Equity 28.4b)
RoCE = 18.70% (EBIT 7.30b / Capital Employed (Equity 28.4b + L.T.Debt 10.6b))
RoIC = 13.58% (NOPAT 5.58b / Invested Capital 41.1b)
WACC = 6.71% (E(137b)/V(151b) * Re(7.21%) + D(14.0b)/V(151b) * Rd(2.32%) * (1-Tc(0.24)))
Discount Rate = 7.21% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -98.36 | Cagr: -3.13%
[DCF] Terminal Value 75.87% ; FCFF base≈5.57b ; Y1≈5.75b ; Y5≈6.42b
[DCF] Fair Price = 302.9 (EV 99.3b - Net Debt 11.5b = Equity 87.8b / Shares 289.9m; r=8.35% [WACC [floored]]; 5y FCF grow 3.30% → 2.50% )
EPS Correlation: 98.06 | EPS CAGR: 15.37% | SUE: 1.21 | # QB: 3
Revenue Correlation: 98.58 | Revenue CAGR: 9.70% | SUE: 0.83 | # QB: 0
EPS current Quarter (2027-03-31): EPS=5.09 | Chg30d=-0.84% | Revisions=-35% | Analysts=18
EPS current Year (2026-12-31): EPS=17.95 | Chg30d=+0.49% | Revisions=+45% | GrowthEPS=+0.7% | GrowthRev=-4.2%
EPS next Year (2027-12-31): EPS=20.18 | Chg30d=-0.05% | Revisions=-5% | GrowthEPS=+12.4% | GrowthRev=+6.8%
[Analyst] Revisions Ratio: +4% (up=26, down=24)