Inside the research

S&P Global Inc.

SPGI Research profile · latest available data

Price overview

$403.30

▲ +0.05 (+0.0%)

52w hi$513.34
52w lo$367.15
Vol1.32M
As of25 Sep 2026

The Verdict

Hold

Our score +0.03

Short-0.02
Medium+0.03
Long+0.10

computed 2026-09-27

Key fundamentals

S&P Global Inc.

Financial Services · Financial Data & Stock Exchanges

Market cap$118.89B
Enterprise value$135.65B
Trailing P/E24.58x
Forward P/E19.95x
EV / EBITDA16.66x
P / S (ttm)7.37x
Profit margin30.5%
Return on equity14.3%
Revenue growth+10.4%
Earnings growth+17.7%
Debt / equity42.98

Layer Breakdown

LayerRawContribution
Fundamental+0.25
Sector+0.02
Technical-0.03
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-09-27

Business overview

S&P Global Inc., together with its subsidiaries, provides benchmarks, data, analytics, and workflow solutions in the global capital, energy and commodity, and automotive markets. It operates through four segments: S&P Global Market Intelligence, S&P Global Ratings, S&P Global Energy, and S&P Dow Jones Indices. The S&P Global Market Intelligence segment provides multi-asset-class data and analytics integrated with purpose-built workflow solutions. This segment offers Data, Analytics & Insights, a desktop product suite that provides data, analytics, and third-party research for global finance and corporate professionals; research, reference data, market data, derived analytics, and valuation services; enterprise solutions, such as software and workflow solutions; and credit and risk solutions for selling Ratings' credit ratings and related data and research, analytics, and financial risk solutions. The S&P Global Ratings segment operates as an independent provider of credit ratings, research, and analytics offering investors information and independent benchmarks for their investment and financial decisions as well as access to the capital markets. The S&P Global Energy segment provides information and benchmark prices for the energy and commodity markets. The S&P Dow Jones Indices segment operates as an index provider that maintains various valuation and index benchmarks for investment advisors, wealth managers, and institutional investors. It has operations in the United States, European region, Asia, and internationally. S&P Global Inc. was founded in 1860 and is headquartered in New York, New York.

United States · www.spglobal.com

Risk Metrics

Beta vs SPX0.67
Corr SPX0.40
Annual vol27.1%
Annual ret-6.6%
Sharpe-0.24
Max DD-30.7%

Window: 504 trading days (504 obs)

Analyst Coverage

Mean PT$534.00
High / Low$575.00 / $480.00
Median$540.00
Analysts21
Strong Buy5
Buy18
Hold1
Sell0
Strong Sell0

Recent rating actions

2026-05-05Mizuho→ Outperform
2026-04-29JP Morgan→ Overweight
2026-04-13Wells Fargo→ Overweight
2026-04-07Morgan Stanley→ Overweight
2026-03-17BMO Capital→ Outperform
2026-02-17UBS→ Buy

Material Events

DateEvent8-K
2026-07-28Earnings Release, Reg FD Disclosure…read
2026-07-06Officer / Director Change, Reg FD Disclosure…read
2026-07-02Material Agreement, Acquisition / Disposition…read
2026-05-26Officer / Director Change, Reg FD Disclosure…read
2026-05-21Shareholder Voteread
2026-05-21Other Material Event, Exhibitsread
2026-05-20Other Material Event, Exhibitsread
2026-05-18Other Material Event, Exhibitsread
2026-05-12Reg FD Disclosure, Exhibitsread
2026-05-07Reg FD Disclosure, Exhibitsread
2026-04-28Earnings Release, Reg FD Disclosure…read
2026-02-10Earnings Release, Reg FD Disclosure…read

Insider Trades

DateInsiderRoleActionSharesValue
2026-08-01Thomas Darren RobertCo-Head, Market IntelligeOption exercise558—
2026-08-01Thomas Darren RobertCo-Head, Market IntelligeWithheld for tax227$93.51K
2026-05-01Clay Catherine RCEO, S&P Dow Jones IndiceBuy2.50K$1.08M
2026-04-30Moritz Robert Edward Jr.Buy1.15K$500.00K
2026-04-29CHEUNG MARTINACEO & PresidentBuy2.32K$998.30K
2026-04-01Craig ChristopherSVP and ControllerOption exercise1.48K$629.25K
2026-04-01Craig ChristopherSVP and ControllerWithheld for tax756$321.43K

Flow & Concentration

Insider 180d net$2.58M
Insider buys / sells3 / 0
Insider biasBuyers
13F holders9
Top-5 share94.0%
HHI4,139 (concentrated)

Top Holders

HolderValueShares
State Street Corp$5.90B14.48M
Fidelity / FMR LLC$1.09B2.68M
Capital Research / Capital World$749.25M1.84M
Citadel Advisors$632.44M1.55M
AQR Capital Management$568.47M1.40M
Millennium Management$448.27M1.10M
Renaissance Technologies$87.75M215.46K
Bridgewater Associates$38.69M95.01K
T. Rowe Price Group$212.90K554.42K

As of 2026-06-30

Connections

Subsidiarys: CRISIL.NS, S&P Global Ratings

Dividends

Yield (TTM)0.48%
$ / share (TTM)$1.93
5y CAGR+7.5%

Annual dividend per share

2021$3.08
2022$3.32
2023$3.60
2024$3.64
2025$3.84
2026$0.97

Federal Contracts

AmountAgencyDescription
$15.71MDepartment of the TreasuryTHIS IS A DEFINITIVE CONTRACT TO ACQUIRE FINANCIAL DATA ANALYSIS SUBSCRIPTION SE
$8.04MDepartment of the TreasuryS&P DATA SUBSCRIPTIONS
$2.57MDepartment of JusticeACCESS TO CAPITAL IQS FINANCIAL DATA
$2.34MGeneral Services AdministrationS&P FINANCIAL SERVICE SUBSCRIPTION
$2.31MDepartment of EnergyS&P GLOBAL INC LICENSES
$2.29MExport-Import Bank of the United StatesS&P RATINGSDIRECT, CAPITALIQ AND SNL FINANCIAL SUBSCRIPTION
$2.28MSecurities and Exchange CommissionACCESS TO FINANCIAL DATABASES
$2.10MDepartment of the InteriorIGF::OT::IGF PLATTS SUBSCRIPTION - BASE YEAR

SEC Filings

DateFormDoc
2026-08-044view
2026-07-2810-Qview
2026-07-288-Kview
2026-07-17424B3view
2026-07-09S-4view
2026-07-093view
2026-07-068-K/Aview
2026-07-064view
2026-07-068-Kview
2026-07-028-Kview
2026-06-2611-Kview
2026-05-268-Kview
2026-05-218-Kview
2026-05-218-Kview
2026-05-208-Kview

The Long Run

FY 2009–2025 · 16 years

LineLatestCAGRTrend
Revenue$14.21B+5.1%
Operating income$6.48B+10.9%
Net income$4.47B+12.8%
Cash from ops$3.71B+8.0%

Indices

S&P 500

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$402.25$405.57$398.74$403.301.32M
Sep 24$406.22$409.89$400.61$403.251.48M
Sep 23$403.10$410.00$401.04$406.501.53M
Sep 22$408.00$409.99$401.93$402.441.56M
Sep 21$408.95$410.99$403.22$404.471.29M

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