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 |
| Vol | 1.32M |
| As of | 25 Sep 2026 |
The Verdict
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/E | 24.58x |
| Forward P/E | 19.95x |
| EV / EBITDA | 16.66x |
| P / S (ttm) | 7.37x |
| Profit margin | 30.5% |
| Return on equity | 14.3% |
| Revenue growth | +10.4% |
| Earnings growth | +17.7% |
| Debt / equity | 42.98 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| 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.
Risk Metrics
| Beta vs SPX | 0.67 |
|---|---|
| Corr SPX | 0.40 |
| Annual vol | 27.1% |
| 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 |
| Analysts | 21 |
| Strong Buy | 5 | |
|---|---|---|
| Buy | 18 | |
| Hold | 1 | |
| Sell | 0 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-05-05 | Mizuho | → Outperform |
| 2026-04-29 | JP Morgan | → Overweight |
| 2026-04-13 | Wells Fargo | → Overweight |
| 2026-04-07 | Morgan Stanley | → Overweight |
| 2026-03-17 | BMO Capital | → Outperform |
| 2026-02-17 | UBS | → Buy |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-28 | Earnings Release, Reg FD Disclosure… | read |
| 2026-07-06 | Officer / Director Change, Reg FD Disclosure… | read |
| 2026-07-02 | Material Agreement, Acquisition / Disposition… | read |
| 2026-05-26 | Officer / Director Change, Reg FD Disclosure… | read |
| 2026-05-21 | Shareholder Vote | read |
| 2026-05-21 | Other Material Event, Exhibits | read |
| 2026-05-20 | Other Material Event, Exhibits | read |
| 2026-05-18 | Other Material Event, Exhibits | read |
| 2026-05-12 | Reg FD Disclosure, Exhibits | read |
| 2026-05-07 | Reg FD Disclosure, Exhibits | read |
| 2026-04-28 | Earnings Release, Reg FD Disclosure… | read |
| 2026-02-10 | Earnings Release, Reg FD Disclosure… | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-08-01 | Thomas Darren Robert | Co-Head, Market Intellige | Option exercise | 558 | — |
| 2026-08-01 | Thomas Darren Robert | Co-Head, Market Intellige | Withheld for tax | 227 | $93.51K |
| 2026-05-01 | Clay Catherine R | CEO, S&P Dow Jones Indice | Buy | 2.50K | $1.08M |
| 2026-04-30 | Moritz Robert Edward Jr. | Buy | 1.15K | $500.00K | |
| 2026-04-29 | CHEUNG MARTINA | CEO & President | Buy | 2.32K | $998.30K |
| 2026-04-01 | Craig Christopher | SVP and Controller | Option exercise | 1.48K | $629.25K |
| 2026-04-01 | Craig Christopher | SVP and Controller | Withheld for tax | 756 | $321.43K |
Flow & Concentration
| Insider 180d net | $2.58M |
|---|---|
| Insider buys / sells | 3 / 0 |
| Insider bias | Buyers |
| 13F holders | 9 |
| Top-5 share | 94.0% |
| HHI | 4,139 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $5.90B | 14.48M |
| Fidelity / FMR LLC | $1.09B | 2.68M |
| Capital Research / Capital World | $749.25M | 1.84M |
| Citadel Advisors | $632.44M | 1.55M |
| AQR Capital Management | $568.47M | 1.40M |
| Millennium Management | $448.27M | 1.10M |
| Renaissance Technologies | $87.75M | 215.46K |
| Bridgewater Associates | $38.69M | 95.01K |
| T. Rowe Price Group | $212.90K | 554.42K |
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
| Amount | Agency | Description |
|---|---|---|
| $15.71M | Department of the Treasury | THIS IS A DEFINITIVE CONTRACT TO ACQUIRE FINANCIAL DATA ANALYSIS SUBSCRIPTION SE |
| $8.04M | Department of the Treasury | S&P DATA SUBSCRIPTIONS |
| $2.57M | Department of Justice | ACCESS TO CAPITAL IQS FINANCIAL DATA |
| $2.34M | General Services Administration | S&P FINANCIAL SERVICE SUBSCRIPTION |
| $2.31M | Department of Energy | S&P GLOBAL INC LICENSES |
| $2.29M | Export-Import Bank of the United States | S&P RATINGSDIRECT, CAPITALIQ AND SNL FINANCIAL SUBSCRIPTION |
| $2.28M | Securities and Exchange Commission | ACCESS TO FINANCIAL DATABASES |
| $2.10M | Department of the Interior | IGF::OT::IGF PLATTS SUBSCRIPTION - BASE YEAR |
SEC Filings
The Long Run
FY 2009–2025 · 16 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| 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
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $402.25 | $405.57 | $398.74 | $403.30 | 1.32M |
| Sep 24 | $406.22 | $409.89 | $400.61 | $403.25 | 1.48M |
| Sep 23 | $403.10 | $410.00 | $401.04 | $406.50 | 1.53M |
| Sep 22 | $408.00 | $409.99 | $401.93 | $402.44 | 1.56M |
| Sep 21 | $408.95 | $410.99 | $403.22 | $404.47 | 1.29M |
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