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S&P Global Inc.
SPGI
487.21 (-0.89%) 4.32
147.82(B)
Financials
Capital Markets
S&P Global Inc. together with its subsidiaries provides credit ratings benchmarks analytics and workflow solutions in the global capital commodity and automotive markets. It operates through five 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 S&P Global Market Intelligence segment provides multi-asset-class data and analytics integrated with purpose-built workflow solutions. This segment offers Desktop a product suite that provides data analytics and third-party research for global finance and corporate professionals; data and advisory solutions for 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 and other market participants information ratings and benchmarks. The S&P Global Commodity Insights segment provides information and benchmark prices for the commodity and energy markets. The S&P Global Mobility segment offers solutions serving the full automotive value chain including vehicle manufacturers (original equipment manufacturers) automotive suppliers mobility service providers retailers consumers and finance and insurance companies. 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.

My Quality Checklist

5Y Shares Out Change < 0%
ROIC > 10%
Debt/Equity < 1
Current Ratio > 1
Quick Ratio > 1
Net Margin > 10%
Past Net Income CAGR > 0%
Est. EPS Growth > 5%
0.0%of Portfolio

My holdings

Day change:
Total change:
Shares:
Cost basis:
Compare
Market cap:$147.82(B)
EV:$165.40(B)
Total Equity:$37.70(B)
Div. yield:0.78%
Earnings date:Oct-30-2025
P/E:35.41
P/E (fwd):27.54
P/FCF:27.07
P/S:9.95
P/B:4.45
EPS:$13.8
EPS (fwd):$17.7
FCF/share:$18.0
Book value/share:$109.5
Dividend/share:$3.8
ROIC:7.3%
ROA:6.6%
ROE:11.7%
Gross margin:69.4%
Net margin:28.1%

SPGI Valuation & Price Targets

Current Price
$487
Day change: -0.89%
PEvaluation
N/A
N/A
Analyst targets
N/A
N/A
DCF (2-stage)
N/A
N/A
DCF (simple)
N/A
N/A
DCF (exit mult.)
N/A
N/A
EPS growth
N/A
N/A
Revenue growth
N/A
N/A
Peter Lynch FV
N/A
N/A
Graham No.
N/A
N/A
DDM
N/A
N/A

PEvaluation

49% overvalued
Low
$188
Mid
$251
High
$313
Current price
$487
Fair P/E
Margin of safety
EPS
Market Model
Shares outstan...ROICRevenue growthDebt/FCFAssets/Liabili...
Economic moat: Very wide

EPS Estimates

LowAvgHigh#
FY+117.417.718.116
FY+219.019.620.225
FY+321.221.923.520
FY+423.623.723.82
FY+526.126.326.42

Analyst Price Targets

27% undervalued
Low
$540
Mid
$620
High
$661
Current price
$487

Analyst Recommendations

Strong Buy6
Buy17
Hold1
Sell0
Strong Sell0

2-stage DCF

First Stage Duration
Starting Free Cash Flow
First Stage Growth Rate
LowMidHigh
Terminal Growth Rate
LowMidHigh
Discount Rate

Discounted Cash Flow

Forecast years
Terminal Growth Rate
LowMidHigh
Discount Rate
Free cash flow estimates:
Y+1 est.
Y+2 est.
0.00%
Y+3 est.
0.00%
Y+4 est.
0.00%
Y+5 est.
0.00%

Discounted Cash Flow (exit mult.)

Forecast years
Exit FCF Multiple
LowMidHigh
Discount Rate
Free cash flow estimates:
Y+1 est.
Y+2 est.
0.00%
Y+3 est.
0.00%
Y+4 est.
0.00%
Y+5 est.
0.00%

EPS Growth

Forecast years
Starting EPS
EPS Growth Rate
LowMidHigh
Final P/E
LowMidHigh
Discount Rate

Revenue Growth Valuation

Forecast Years
Base Revenue
Revenue Growth Rate
LowMidHigh
Final Net Margin
LowMidHigh
Final P/E Ratio
LowMidHigh
Discount Rate

Peter Lynch Fair Value

Earnings Per Share
Growth Rate

Graham Formula

Earnings Per Share
EPS Growth (7-10 years)
Government Bond Rate

Dividend Discount Model

Annual Dividend
First Stage Length (Years)
First Stage Growth Rate
Final Growth Rate
Discount Rate

TTM Financials

Income (TTM)

RevenueGrossNet
Revenue$15.01(B)
Gross profit$10.41(B)
EBITDA$7.55(B)
Net income$4.22(B)
Gross margin69.4%
Operating margin39.2%
Net margin28.1%
Shares outstanding:303.40(M)

Balance sheet

Cash & ST inv.Other ST assetsLong term assetsCurrent liabilitiesLong term debtOther LT liabilitiesEquity
Total assets$59.75(B)
Current assets$5.65(B)
Total liabilities$22.05(B)
Current liabilities$5.80(B)
Cash & Short-term inv.$1.67(B)
Long-term debt$11.38(B)
Total intangibles$50.73(B)
PP&E$654.00(M)

Cash flow (TTM)

CFOCFICFF
FCF$5.46(B)
CapEx$-182.00(M)
Dividends paid$-1.16(B)
Stock issued$0
Stock repurchased$-3.87(B)
Stock-based comp.$237.00(M)
Debt issued$-250.00(M)
Debt repaid$-4.00(M)

Per share data (TTM)

Price: $487
Revenue: $49.0 (9.9x | 10.1%) Gross profit: $34.3 (14.2x | 7.0%) Earnings: $13.8 (35.4x | 2.8%)
FCF: $18.0 (27.1x | 3.7%) Stock-based Comp.: $0.78 (623.7x | 0.2%) CapEx.: $0.60 (812.2x | 0.1%) Dividend: $3.79 (128.6x | 0.8%)
Total Assets: $197 (2.5x | 40.4%) Total Liabilities: $72.7 (6.7x | 14.9%) Book Value: $110 (4.4x | 22.5%) Cash & ST inv.: $5.51 (88.4x | 1.1%) Debt: $37.5 (13.0x | 7.7%)
Earnings FY+1: $17.7 (27.5x | 3.6%) Earnings FY+2: $19.6 (24.9x | 4.0%) Earnings FY+3: $21.9 (22.2x | 4.5%) Earnings FY+4: $23.7 (20.6x | 4.9%) Earnings FY+5: $26.3 (18.5x | 5.4%)
FCF FY+1: $19.2 (25.4x | 3.9%) FCF FY+2: $21.1 (23.1x | 4.3%) FCF FY+3: $23.0 (21.2x | 4.7%)

Growth Estimates

Revenue

CAGR: 6.3%
FY+1FY+2FY+3FY+4FY+5
FY+1$15.27(B)
FY+2(+7.0%)$16.34(B)
FY+3(+7.2%)$17.52(B)
FY+4(+4.6%)$18.33(B)
FY+5(+6.3%)$19.48(B)

Net Income

CAGR: 8.0%
FY+1FY+2FY+3FY+4FY+5
FY+1$5.38(B)
FY+2(+7.7%)$5.80(B)
FY+3(+8.9%)$6.31(B)
FY+4(+6.7%)$6.74(B)
FY+5(+8.6%)$7.31(B)

EPS

CAGR: 10.4%
FY+1FY+2FY+3FY+4FY+5
FY+1$17.69
FY+2(+10.7%)$19.59
FY+3(+11.8%)$21.90
FY+4(+8.1%)$23.67
FY+5(+11.1%)$26.30

FCF per share

CAGR: 9.6%
FY+1FY+2FY+3
FY+1$19.18
FY+2(+9.9%)$21.09
FY+3(+9.2%)$23.03

Historical Financials

Showing limited histrical data.
TTM (Y)TTM (Q)FYFQ
Income(show more...)
Q2'20 (TTM)Q2'21 (TTM)Q2'22 (TTM)Q2'23 (TTM)Q2'24 (TTM)Q2'25 (TTM)0.02.0(B)4.0(B)6.0(B)8.0(B)10.0(B)12.0(B)14.0(B)
Revenue Operating Income Net IncomeCOGSGross ProfitTotal OpEx.R&DSG&AInterest ExpenseInterest IncomePre-tax incomeIncome tax
Cash flow(show more...)
Q2'20 (TTM)Q2'21 (TTM)Q2'22 (TTM)Q2'23 (TTM)Q2'24 (TTM)Q2'25 (TTM)0.01.0(B)2.0(B)3.0(B)4.0(B)5.0(B)
Stock-based Comp. FCFCFONet IncomeD&ACFFStock IssuedStock RepurchasedDebt IssuedDebt RepaidDividend PaidCFIAcquisitionsDivestituresCapital Expenditures
Balance sheet(show more...)
Q2'20 (TTM)Q2'21 (TTM)Q2'22 (TTM)Q2'23 (TTM)Q2'24 (TTM)Q2'25 (TTM)0.010.0(B)20.0(B)30.0(B)40.0(B)50.0(B)60.0(B)
Total Assets Total LiabilitiesCurrent assetsCash and EquivalentsShort-term investmentsInventoriesReceivablesNon-current assetsNet PP&EIntangible AssetsGoodwillCurrent liabilitiesShort-Term DebtAccounts payableNon-current liabilitiesLong-Term DebtTotal Equity
Per share data(show more...)
Q2'20 (TTM)Q2'21 (TTM)Q2'22 (TTM)Q2'23 (TTM)Q2'24 (TTM)Q2'25 (TTM)0.05.010.015.0
EPS (Basic) FCF/Share Dividend/ShareEPS (Diluted)Book value/ShareCash & ST inv./ShareDebt/Share
Ratios(show more...)
Q2'20 (TTM)Q2'21 (TTM)Q2'22 (TTM)Q2'23 (TTM)Q2'24 (TTM)Q2'25 (TTM)0.010.020.030.040.050.0
P/E P/S EV/EarningsP/FCFP/BEV/FCFDebt/EquityPayout ratio
Margins(show more...)
Q2'20 (TTM)Q2'21 (TTM)Q2'22 (TTM)Q2'23 (TTM)Q2'24 (TTM)Q2'25 (TTM)0%20%40%60%
Net Income Margin Operating Margin Gross MarginEBITDA MarginFCF Margin
Returns(show more...)
Q2'20 (TTM)Q2'21 (TTM)Q2'22 (TTM)Q2'23 (TTM)Q2'24 (TTM)Q2'25 (TTM)0%5%10%15%20%25%
ROIC ROAROCEROE
Shares outstanding(show more...)
Q2'20 (TTM)Q2'21 (TTM)Q2'22 (TTM)Q2'23 (TTM)Q2'24 (TTM)Q2'25 (TTM)0.050.0(M)100.0(M)150.0(M)200.0(M)250.0(M)300.0(M)
Shares (Basic)Shares (Diluted)
Market Cap.(show more...)
Q2'20 (TTM)Q2'21 (TTM)Q2'22 (TTM)Q2'23 (TTM)Q2'24 (TTM)Q2'25 (TTM)0.050.0(B)100.0(B)150.0(B)
Market Cap.

KPIs

Operating Income By Segement(show more...)
12/20223/20236/20239/202312/20233/20246/20249/202412/20243/2025
Global Mobility Global Commodity Insights Global Market Intelligence Dow Jones Indices Global Ratings
Recurring Revenue As A Percent Of Revenue(show more...)
3/20236/20239/202312/20233/20246/20249/202412/20243/20256/2025
Global Mobility Global Market Intelligence Dow Jones Indices Global Commodity
Revenue By Segement(show more...)
12/20223/20236/20239/202312/20233/20246/20249/202412/20243/2025
Global Commodity Insights Engineering Solutions Dow Jones Indices Global Ratings Global Mobility Global Market Intelligence

Competitors & Peers

Ownership

Major holders

*Excludes indirect insider ownership

Insiders: 0.25%
Institutions: 90.52%
Other: 9.23%

Institutional ownership

9.86% Vanguard Group Inc8.68% Blackrock Inc.4.62% State Street Corporati...3.63% TCI Fund Management Lt...2.62% Morgan Stanley2.23% Geode Capital Manageme...1.95% Wellington Management ...1.90% FMR, LLC1.81% Bank of America Corpor...1.36% NORGES BANK51.86% Others

Trading Summary

In the past year, insiders have bought $0.00 worth of the company's stock, and sold $17.04(M).

Congress members have bought between $132006 - $330000 worth of the company's stock, and sold between $82005 - $230000.

Insider transactions

$0.002025-12$0.00
$0.002025-11$0.00
$0.002025-10$0.00
$0.002025-09$0.00
$2.12(M)2025-08$0.00
$0.002025-07$0.00
$0.002025-06$0.00
$10.90(M)2025-05$0.00
$0.002025-04$0.00
$0.002025-03$0.00
$3.00(M)2025-02$0.00
$0.002025-01$0.00
$0.002024-12$0.00
DateSharesTotal ($)Price ($)NameTitle
Grant2025-10-0118187,182481.7GANESAN GIRISHOfficer
Sell2025-08-082,0001,122,240561.1SAHA SAUGATAOfficer
Sell2025-08-061,799998,526555.0TAVERNIER EDOUARDOfficer
Grant2025-08-01407222,084545.7LE PALLEC YANNOfficer
Sell2025-05-052,0001,017,640508.8KEMPS STEVEN JOfficer
Sell2025-05-05499255,148511.3MOORE SALLY ANNOfficer
Sell2025-05-0119,1739,631,629502.4PETERSON DOUGLAS LDirector
Grant2025-04-011,435732,969510.8CRAIG CHRISTOPHEROfficer
Grant2025-03-048,25500.0DRAPER DANIEL EOfficer
Grant2025-03-045,27600.0SAHA SAUGATAOfficer
Grant2025-03-044,55800.0MOORE SALLY ANNOfficer
Grant2025-03-0423300.0GANESAN GIRISHOfficer
Grant2025-03-0410400.0TWOMEY CHRISTINAOfficer
Grant2025-03-0425100.0LE PALLEC YANNOfficer
Grant2025-03-0423300.0ERNSBERGER DAVID POfficer
Grant2025-03-0419700.0ERAMO MARKOfficer
Grant2025-03-0435,51300.0PETERSON DOUGLAS LDirector
Grant2025-03-0418,97600.0CHEUNG MARTINAChief Executive Officer
Grant2025-03-048,83000.0KOCHERLAKOTA SITARAMA SWAMYOfficer
Grant2025-03-0428700.0CRAIG CHRISTOPHEROfficer
Grant2025-03-048,83000.0TAVERNIER EDOUARDOfficer
Grant2025-03-0410,69700.0KEMPS STEVEN JOfficer
Grant2025-02-251,30000.0THORNBURGH RICHARD E.Director
Sell2025-02-145,5213,000,032543.4PETERSON DOUGLAS LDirector
Grant2025-02-12768408,200531.5CRAIG CHRISTOPHERChief Financial Officer
Grant2025-01-31254132,438521.4ERAMO MARKPresident
Grant2025-01-31592308,675521.4TAVERNIER EDOUARDOfficer
Grant2024-12-3111,5195,736,808498.0PETERSON DOUGLAS LDirector
Grant2024-12-311,697845,157498.0KEMPS STEVEN JOfficer
Grant2024-12-312,6661,327,748498.0CHEUNG MARTINAChief Executive Officer
Grant2024-12-311,766879,521498.0SAHA SAUGATAOfficer
Grant2024-12-31900448,227498.0MOORE SALLY ANNOfficer
Grant2024-12-31255126,998498.0GANESAN GIRISHOfficer
Grant2024-12-3111456,775498.0TWOMEY CHRISTINAOfficer
Grant2024-12-31289143,931498.0ERNSBERGER DAVID POfficer
Grant2024-12-31216107,574498.0ERAMO MARKOfficer
Grant2024-12-311,592792,864498.0KOCHERLAKOTA SITARAMA SWAMYOfficer
Grant2024-12-31991493,548498.0CRAIG CHRISTOPHERChief Financial Officer
Grant2024-12-311,376685,289498.0TAVERNIER EDOUARDPresident
Grant2024-12-31628312,763498.0DRAPER DANIEL EOfficer
Grant2024-12-13322162,852505.8ERAMO MARKOfficer
Sell2024-11-27500261,500523.0SAHA SAUGATAOfficer
Sell2024-11-20500251,800503.6SAHA SAUGATAOfficer
Sell2024-11-13500251,925503.9SAHA SAUGATAOfficer
Sell2024-11-06500249,660499.3SAHA SAUGATAOfficer
Grant2024-11-01432208,790483.3GANESAN GIRISHOfficer
Grant2024-11-0118790,379483.3TWOMEY CHRISTINAOfficer

Congressional trading

$0.002025-12$0.00
$0.002025-11$0.00
$0.002025-10$0.00
$0.002025-09$0.00
$0.002025-08$0.00
$0.002025-07$0.00
$325012025-06$0.00
$750012025-05$0.00
$160012025-04$215002
$0.002025-03$0.00
$325012025-02$0.00
$0.002025-01$16001
$0.002024-12$0.00
DatePoliticianPartyChamberAmount ($)
Sell2025-06-23Ro KhannaDHouse$15,001 - $50,000
Sell2025-05-12Jefferson ShreveRHouse$50,001 - $100,000
Buy2025-04-17Jefferson ShreveRHouse$50,001 - $100,000
Buy2025-04-17Jefferson ShreveRHouse$50,001 - $100,000
Sell2025-04-09Ro KhannaDHouse$1,001 - $15,000
Buy2025-04-08Rob BresnahanRHouse$15,001 - $50,000
Buy2025-04-08Rob BresnahanRHouse$15,001 - $50,000
Sell2025-04-07Julie JohnsonDHouse$1,001 - $15,000
Sell2025-02-11Daniel S. GoldmanDHouse$15,001 - $50,000
Buy2025-01-22Ro KhannaDHouse$1,001 - $15,000
Buy2025-01-22Ro KhannaDHouse$1,001 - $15,000

Summary

Tools

Dividend Income

Investment Amount
Dividend Yield
What is the Dividend Income Calculator?

The Dividend Income Calculator helps you estimate the yearly, quarterly, monthly, and daily income of your investments.

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Required Investment

Dividend Yield
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What is the Required Investment Calculator?

The Required Investment Calculator helps you determine the amount of money you need to invest in a stock to achieve a desired dividend.

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Future Dividend Yield

Base Dividend
Current Price
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What is the Future Yield Calculator?

The Future Yield Calculator helps you estimate the future dividend yield of a stock based on its current dividend, price, and expected dividend growth rate.

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Enter the base dividend, current price, number of years, and dividend growth rate. Optionally, preload stock data to automatically fetch the dividend and price. The calculator will display the current yield and the projected future yield.

Future Dividend Income

Base Dividend
Number of Years
Dividend Growth Rate
What is the Future Dividend Income Calculator?

The Future Dividend Income Calculator helps you estimate the future dividend income from your investments based on the current dividend yield and expected growth rate.

How to Use This Calculator?

Enter the current dividend yield, expected growth rate, and investment duration. Optionally, preload stock data to automatically fetch the dividend yield.