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S&P Global Inc.

SPGI

$408.18 ▲ +2.79 (+0.69%) at close

19 Visible periods

34 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Excellent

Bullish

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Analytical Summary

S&P Global Inc. shows strong fundamentals with top-quartile Return on Common Equity (%) and Profit Margin (%). The company's metrics support a bullish outlook for growth-oriented investors.

Market Cap $124.4B

Dividend Yield 0.94%

Revenue Growth 22.7% ↗

Op. Margin 42.2% ↗

ROIC 11.3% ↗

FCF / Share $18.54 ↗

Trailing P/E 27.8x

Price / Book 3.9x

FCF Yield 4.5%

Debt / Equity 0.42

info Valuation on last close. End-of-day price, Aug 7, 2026.

19-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$15.34B

↑ +22.7% —

Net Income Profit after all expenses

$4.47B

↑ +70.3% —

Operating Margin Operating profit as % of sales

42.2%

↑ +31.3% 95th

FCF / Share Free cash flow per share

$18.54

↑ +59.1% —

Long-Term Debt Long-term obligations

$13.09B

↑ +14.2% —

trending_up

Bullish Indicators

Operating Margin (%)Operating Margin (%) is in the top quartile
Profit Margin (%)Profit Margin (%) is in the top quartile
Return on Common Equity (%)Return on Common Equity (%) is in the top quartile

warning

Bearish Risks

No bearish risks detected.

Health Breakdown

Profitability ↓

Returns ↓

Financial Health ↓

Cash Quality ↓

Dividend History

Dividend / share · sourced from SEC filings

$3.84 Latest / share

+6.7% YoY

+11.9% 12-yr CAGR

$1.12

FY 2014

$1.20

FY 2015

$1.32

FY 2016

$1.44

FY 2017

$1.64

FY 2018

$2.00

FY 2019

$2.28

FY 2020

$2.68

FY 2021

$3.08

FY 2022

$3.32

FY 2023

$3.60

FY 2024

$3.84

FY 2025

Financial view

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📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2023 10-K ↗	FY 2023 Dec 31, 2022 10-K ↗	FY 2022 Dec 31, 2021 10-K ↗	FY 2021 Dec 31, 2020 10-K ↗	FY 2020 Dec 31, 2019 10-K ↗	FY 2019 Dec 31, 2018 10-K ↗	FY 2018 Dec 31, 2017 10-K ↗	FY 2017 Dec 31, 2016 10-K ↗	FY 2016 Dec 31, 2015 10-K ↗	FY 2015 Dec 31, 2014 10-K ↗	FY 2014 Dec 31, 2013 10-K ↗	FY 2013 Dec 31, 2012 10-K ↗	FY 2012 Dec 31, 2011 10-K ↗	FY 2011 Dec 31, 2010 10-K ↗	FY 2010 Dec 31, 2009 10-K ↗	FY 2009 Dec 31, 2008 10-K ↗	FY 2008 Dec 31, 2007 10-K ↗	FY 2007 Dec 31, 2006 10-K ↗
Revenue Growth YoY (%)	22.7% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+279%)	11.8% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+96%)	34.8% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+479%)	11.5% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+91%)	11.1% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+85%)	7.0% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+17%)	3.2% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-46%)	7.1% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+18%)	6.5% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+9%)	5.2% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-14%)	7.4% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+24%)	5.7% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-6%)	-28.8% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-579%)	2.9% Caution ↑ Caution Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-52%)	2.0% Caution ↑ Caution Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-66%)	-6.3% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-206%)	-6.2% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-203%)	—	—
EPS Growth YoY (%)	77.8% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-19.5% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-18.4% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	29.4% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	12.3% Fair ↑ Fair Improving Year-over-year change in earnings per share Optimal: > 10%	10.9% Fair ↓ Fair Declining Year-over-year change in earnings per share Optimal: > 10%	33.6% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-27.2% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	88.3% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	N/M	N/M	219.1% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-48.5% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	13.8% Fair ↑ Fair Improving Year-over-year change in earnings per share Optimal: > 10%	14.5% Fair ↑ Fair Improving Year-over-year change in earnings per share Optimal: > 10%	-7.5% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	-15.9% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	70.3% Excellent ↑ Excellent Improving Year-over-year change in net income	-19.2% Weak ↓ Weak Declining Year-over-year change in net income	7.4% Fair ↓ Fair Declining Year-over-year change in net income	29.3% Excellent ↑ Excellent Improving Year-over-year change in net income	10.2% Fair ↑ Fair Improving Year-over-year change in net income	8.4% Fair ↓ Fair Declining Year-over-year change in net income	30.9% Excellent ↑ Excellent Improving Year-over-year change in net income	-29.0% Weak Weak Year-over-year change in net income	82.2% Excellent Excellent Year-over-year change in net income	N/M	N/M	214.9% Excellent ↑ Excellent Improving Year-over-year change in net income	-52.0% Weak ↓ Weak Declining Year-over-year change in net income	10.0% Fair ↑ Fair Improving Year-over-year change in net income	13.3% Fair ↑ Fair Improving Year-over-year change in net income	-8.6% Weak Weak Year-over-year change in net income	-21.1% Weak Weak Year-over-year change in net income	—	—
FCF Growth YoY (%)	59.1% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	41.9% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-45.0% Weak ↓ Weak Declining Year-over-year change in free cash flow	1.0% Caution ↓ Caution Declining Year-over-year change in free cash flow	30.8% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	37.5% Excellent ↓ Excellent Declining Year-over-year change in free cash flow	4.6% Caution ↓ Caution Declining Year-over-year change in free cash flow	32.5% Excellent ↓ Excellent Declining Year-over-year change in free cash flow	726.8% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-83.9% Weak ↓ Weak Declining Year-over-year change in free cash flow	56.3% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	6.2% Fair ↑ Fair Improving Year-over-year change in free cash flow	-40.5% Weak ↓ Weak Declining Year-over-year change in free cash flow	-4.4% Weak ↓ Weak Declining Year-over-year change in free cash flow	10.8% Fair ↑ Fair Improving Year-over-year change in free cash flow	26.5% Excellent Excellent Year-over-year change in free cash flow	-23.9% Weak Weak Year-over-year change in free cash flow	—	—
Revenue CAGR 3Y (%)	22.7% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	18.9% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	18.6% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	9.9% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	7.1% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	5.8% Fair ↓ Fair Declining Compound annual revenue growth over 3 years	5.6% Fair ↓ Fair Declining Compound annual revenue growth over 3 years	6.3% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	6.4% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	6.1% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	-6.8% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-8.2% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-9.2% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-0.6% Weak Weak Compound annual revenue growth over 3 years	-3.6% Weak Weak Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	18.0% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	14.8% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	13.0% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	7.9% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	7.0% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	5.8% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	5.9% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	6.4% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	-1.9% Weak ↑ Weak Improving Compound annual revenue growth over 5 years	-2.6% Weak ↑ Weak Improving Compound annual revenue growth over 5 years	-3.2% Weak ↑ Weak Improving Compound annual revenue growth over 5 years	-5.8% Weak Weak Compound annual revenue growth over 5 years	-8.1% Weak Weak Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	5.3% Fair ↓ Fair Declining Compound annual EPS growth over 3 years	-5.3% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	5.8% Fair ↓ Fair Declining Compound annual EPS growth over 3 years	17.2% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	18.5% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	2.6% Caution ↓ Caution Declining Compound annual EPS growth over 3 years	22.3% Excellent ↓ Excellent Declining Compound annual EPS growth over 3 years	—	17.0% Excellent ↓ Excellent Declining Compound annual EPS growth over 3 years	39.5% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	—	23.2% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	-12.5% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	6.4% Fair Fair Compound annual EPS growth over 3 years	-3.8% Weak Weak Compound annual EPS growth over 3 years	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2023 10-K ↗	FY 2023 Dec 31, 2022 10-K ↗	FY 2022 Dec 31, 2021 10-K ↗	FY 2021 Dec 31, 2020 10-K ↗	FY 2020 Dec 31, 2019 10-K ↗	FY 2019 Dec 31, 2018 10-K ↗	FY 2018 Dec 31, 2017 10-K ↗	FY 2017 Dec 31, 2016 10-K ↗	FY 2016 Dec 31, 2015 10-K ↗	FY 2015 Dec 31, 2014 10-K ↗	FY 2014 Dec 31, 2013 10-K ↗	FY 2013 Dec 31, 2012 10-K ↗	FY 2012 Dec 31, 2011 10-K ↗	FY 2011 Dec 31, 2010 10-K ↗	FY 2010 Dec 31, 2009 10-K ↗	FY 2009 Dec 31, 2008 10-K ↗	FY 2008 Dec 31, 2007 10-K ↗	FY 2007 Dec 31, 2006 10-K ↗
Operating Margin (%) (%)	42.2% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+69%)	32.2% Excellent ↓ Excellent Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+29%)	44.2% Excellent ↓ Excellent Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+77%)	50.9% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+103%)	48.6% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+94%)	48.2% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+93%)	44.6% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+78%)	42.6% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+70%)	59.5% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+138%)	36.1% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+44%)	2.2% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-91%)	28.9% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+16%)	27.2% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+9%)	22.8% Good → Good Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-9%)	23.3% Good → Good Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-7%)	21.1% Good ↓ Good Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-16%)	21.6% Good Good Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-13%)	24.8% Good Good Operating income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	—
Effective Tax Rate (%) (%)	22.6% Fair → Fair Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	21.2% Fair ↓ Fair Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	25.1% Caution ↑ Caution Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	21.6% Fair → Fair Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	21.5% Fair ↓ Fair Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	21.4% Fair ↓ Fair Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	20.9% Good ↓ Good Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	33.4% Weak ↓ Weak Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	30.1% Weak ↓ Weak Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	30.1% Weak ↓ Weak Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	453.7% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	32.7% Weak ↓ Weak Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	35.8% Weak → Weak Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	36.3% Weak Weak Actual taxes paid relative to pre-tax income Optimal: 15-25%	36.3% Weak Weak Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—	—
Profit Margin (%) (%)	29.2% Excellent → Excellent Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+33%)	21.0% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	29.0% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+32%)	36.4% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+66%)	31.4% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+43%)	31.7% Excellent → Excellent Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+44%)	31.3% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+42%)	24.7% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+12%)	37.2% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+69%)	21.8% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	-2.3% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-110%)	29.3% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+33%)	9.8% Caution ↓ Caution Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-55%)	14.6% Fair ↑ Fair Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-34%)	13.6% Fair → Fair Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-38%)	12.3% Fair ↓ Fair Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-44%)	12.6% Fair Fair Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-43%)	15.0% Fair Fair Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-32%)	—
FCF Margin (%) (%)	36.8% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	29.7% Excellent ↓ Excellent Declining Free cash flow as a percentage of revenue Optimal: > 10%	23.3% Excellent ↓ Excellent Declining Free cash flow as a percentage of revenue Optimal: > 10%	43.4% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	47.9% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	41.4% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	33.0% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	33.3% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	27.6% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	3.7% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	23.9% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	16.6% Good ↓ Good Declining Free cash flow as a percentage of revenue Optimal: > 10%	16.8% Good ↓ Good Declining Free cash flow as a percentage of revenue Optimal: > 10%	21.5% Excellent → Excellent Stable Free cash flow as a percentage of revenue Optimal: > 10%	24.0% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	22.3% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	16.7% Good Good Free cash flow as a percentage of revenue Optimal: > 10%	22.0% Excellent Excellent Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	1.26x Good ↑ Good Improving Free cash flow relative to reported net income Optimal: > 1x	1.41x Good ↑ Good Improving Free cash flow relative to reported net income Optimal: > 1x	0.80x Caution ↓ Caution Declining Free cash flow relative to reported net income Optimal: > 1x	1.19x Fair ↓ Fair Declining Free cash flow relative to reported net income Optimal: > 1x	1.53x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	1.31x Good ↑ Good Improving Free cash flow relative to reported net income Optimal: > 1x	1.05x Fair ↑ Fair Improving Free cash flow relative to reported net income Optimal: > 1x	1.35x Good ↑ Good Improving Free cash flow relative to reported net income Optimal: > 1x	0.74x Caution ↑ Caution Improving Free cash flow relative to reported net income Optimal: > 1x	0.17x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-10.51x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.57x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.71x Excellent → Excellent Stable Free cash flow relative to reported net income Optimal: > 1x	1.48x Good ↓ Good Declining Free cash flow relative to reported net income Optimal: > 1x	1.76x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	1.82x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	1.33x Good Good Free cash flow relative to reported net income Optimal: > 1x	1.47x Good Good Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2023 10-K ↗	FY 2023 Dec 31, 2022 10-K ↗	FY 2022 Dec 31, 2021 10-K ↗	FY 2021 Dec 31, 2020 10-K ↗	FY 2020 Dec 31, 2019 10-K ↗	FY 2019 Dec 31, 2018 10-K ↗	FY 2018 Dec 31, 2017 10-K ↗	FY 2017 Dec 31, 2016 10-K ↗	FY 2016 Dec 31, 2015 10-K ↗	FY 2015 Dec 31, 2014 10-K ↗	FY 2014 Dec 31, 2013 10-K ↗	FY 2013 Dec 31, 2012 10-K ↗	FY 2012 Dec 31, 2011 10-K ↗	FY 2011 Dec 31, 2010 10-K ↗	FY 2010 Dec 31, 2009 10-K ↗	FY 2009 Dec 31, 2008 10-K ↗	FY 2008 Dec 31, 2007 10-K ↗	FY 2007 Dec 31, 2006 10-K ↗
Return on Invested Capital (%)	11.3% Good ↓ Good Declining Return earned on debt + equity capital invested Optimal: > 10%	6.9% Caution ↓ Caution Declining Return earned on debt + equity capital invested Optimal: > 10%	7.8% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	53.8% Excellent ↓ Excellent Declining Return earned on debt + equity capital invested Optimal: > 10%	61.5% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	57.3% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	51.5% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	44.3% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	55.9% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	36.6% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	-31.2% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	43.5% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	49.7% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	33.5% Excellent → Excellent Stable Return earned on debt + equity capital invested Optimal: > 10%	26.4% Excellent ↓ Excellent Declining Return earned on debt + equity capital invested Optimal: > 10%	32.6% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	43.8% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	—	—
Return on Capital (%) (%)	10.6% Good ↓ Good Declining Operating profit relative to total assets Optimal: > 10%	6.6% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	8.0% Fair ↓ Fair Declining Operating profit relative to total assets Optimal: > 10%	28.1% Excellent → Excellent Stable Operating profit relative to total assets Optimal: > 10%	28.9% Excellent → Excellent Stable Operating profit relative to total assets Optimal: > 10%	28.4% Excellent ↓ Excellent Declining Operating profit relative to total assets Optimal: > 10%	29.6% Excellent → Excellent Stable Operating profit relative to total assets Optimal: > 10%	27.4% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	38.9% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	23.4% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	1.7% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	22.4% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	17.2% Excellent ↓ Excellent Declining Operating profit relative to total assets Optimal: > 10%	22.1% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	20.1% Excellent → Excellent Stable Operating profit relative to total assets Optimal: > 10%	19.4% Excellent Excellent Operating profit relative to total assets Optimal: > 10%	22.6% Excellent Excellent Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	14.4% Fair ↓ Fair Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+20%)	7.7% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-36%)	8.9% Caution Caution Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-26%)	148.8% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+1140%)	—	—	—	211.0% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+1658%)	—	—	-23.6% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-296%)	105.8% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+781%)	57.0% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+375%)	60.4% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+403%)	37.4% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+212%)	39.5% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+230%)	62.3% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+420%)	—	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2023 10-K ↗	FY 2023 Dec 31, 2022 10-K ↗	FY 2022 Dec 31, 2021 10-K ↗	FY 2021 Dec 31, 2020 10-K ↗	FY 2020 Dec 31, 2019 10-K ↗	FY 2019 Dec 31, 2018 10-K ↗	FY 2018 Dec 31, 2017 10-K ↗	FY 2017 Dec 31, 2016 10-K ↗	FY 2016 Dec 31, 2015 10-K ↗	FY 2015 Dec 31, 2014 10-K ↗	FY 2014 Dec 31, 2013 10-K ↗	FY 2013 Dec 31, 2012 10-K ↗	FY 2012 Dec 31, 2011 10-K ↗	FY 2011 Dec 31, 2010 10-K ↗	FY 2010 Dec 31, 2009 10-K ↗	FY 2009 Dec 31, 2008 10-K ↗	FY 2008 Dec 31, 2007 10-K ↗	FY 2007 Dec 31, 2006 10-K ↗
Debt to Equity (x)	0.42x Good ↓ Good Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-65%)	0.34x Good ↓ Good Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-72%)	0.30x Good ↓ Good Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-75%)	2.02x Weak ↓ Weak Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+69%)	8.07x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+573%)	8.24x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+587%)	5.83x Weak ↓ Weak Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+386%)	4.47x Weak ↓ Weak Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+273%)	5.48x Weak ↓ Weak Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+357%)	17.88x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+1390%)	1.63x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+36%)	0.61x Fair ↓ Fair Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-49%)	1.04x Caution ↑ Caution Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-13%)	1.06x Caution ↑ Caution Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-12%)	0.54x Good ↓ Good Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-55%)	0.65x Fair Fair Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-46%)	0.99x Fair Fair Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-18%)	—	—
Interest Coverage (x)	16.61x Excellent ↓ Excellent Declining Operating income divided by interest expense Optimal: > 5x	12.04x Excellent ↓ Excellent Declining Operating income divided by interest expense Optimal: > 5x	16.26x Excellent ↓ Excellent Declining Operating income divided by interest expense Optimal: > 5x	35.47x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	25.65x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	22.88x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	20.82x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	17.34x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	18.61x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	18.79x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	1.92x Caution ↓ Caution Declining Operating income divided by interest expense Optimal: > 5x	23.02x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	14.95x Excellent ↓ Excellent Declining Operating income divided by interest expense Optimal: > 5x	18.96x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	17.23x Excellent ↓ Excellent Declining Operating income divided by interest expense Optimal: > 5x	16.34x Excellent ↓ Excellent Declining Operating income divided by interest expense Optimal: > 5x	18.18x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	41.32x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	$11.34B	$10.17B	$9.67B	$-2.38B	$2.00M	$1.08B	$1.75B	$393.00M	$1.17B	$1.99B	$-1.70B	$-743.00M	$39.00M	$654.00M	$-328.00M	$-12.13M	$795.96M	$-396.10M	$-353.50M
Debt / EBITDA (x)	1.71x Good → Good Stable Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.22x Fair ↑ Fair Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.84x Good ↑ Good Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.94x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.08x Good ↓ Good Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.15x Good → Good Stable Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.22x Good → Good Stable Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.15x Good ↓ Good Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.00x Good ↓ Good Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.67x Good ↑ Good Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	3.22x Caution ↑ Caution Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.53x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.59x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.89x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.66x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.70x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.85x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—

📊 What does each share earn? 8 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2023 10-K ↗	FY 2023 Dec 31, 2022 10-K ↗	FY 2022 Dec 31, 2021 10-K ↗	FY 2021 Dec 31, 2020 10-K ↗	FY 2020 Dec 31, 2019 10-K ↗	FY 2019 Dec 31, 2018 10-K ↗	FY 2018 Dec 31, 2017 10-K ↗	FY 2017 Dec 31, 2016 10-K ↗	FY 2016 Dec 31, 2015 10-K ↗	FY 2015 Dec 31, 2014 10-K ↗	FY 2014 Dec 31, 2013 10-K ↗	FY 2013 Dec 31, 2012 10-K ↗	FY 2012 Dec 31, 2011 10-K ↗	FY 2011 Dec 31, 2010 10-K ↗	FY 2010 Dec 31, 2009 10-K ↗	FY 2009 Dec 31, 2008 10-K ↗	FY 2008 Dec 31, 2007 10-K ↗	FY 2007 Dec 31, 2006 10-K ↗
Revenue per Share (USD)	$50.31	$39.25	$35.28	$34.46	$30.88	$27.30	$24.94	$23.66	$21.54	$19.56	$18.60	$17.13	$15.97	$20.96	$19.65	$19.06	$20.14	$20.14	—
Basic EPS, GAAP (USD)	$14.67	$8.25	$10.25	$12.56	$9.71	$8.65	$7.80	$5.84	$8.02	$4.26	$-0.42	$5.01	$1.57	$3.05	$2.68	$2.34	$2.53	$3.01	—
Free Cash Flow per Share (USD)	$18.54	$11.65	$8.21	$14.94	$14.80	$11.31	$8.23	$7.87	$5.94	$0.72	$4.45	$2.85	$2.68	$4.51	$4.72	$4.26	$3.37	$4.42	—
Dividend per Share (USD)	$3.84	$3.60	$3.32	$3.08	$2.68	$2.28	$2.00	$1.64	$1.44	$1.32	$1.20	$1.12	$1.02	$1.00	$0.94	$0.90	$0.88	$0.82	—
Book Value per Share (USD)	$104.17	$108.88	$113.04	$8.43	$2.12	$1.96	$2.53	$2.79	$2.52	$0.73	$1.79	$4.74	$2.75	$5.06	$7.16	$5.92	$4.06	—	—
Tangible Book Value per Share (USD)	$-72.35	$-57.46	$-51.14	$-11.45	$-19.03	$-18.52	$-17.84	$-14.46	$-14.73	$-15.87	$-7.00	$-4.16	$-6.29	$-3.85	$-0.94	$-1.22	$-1.33	—	—
Basic Weighted Avg Shares (shares)	304.80M	318.40M	316.90M	240.80M	241.00M	245.40M	250.90M	256.30M	262.80M	271.60M	271.50M	274.50M	278.60M	298.00M	309.00M	312.22M	315.56M	336.21M	—
Dividend Payout Ratio (%)	26.2% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	43.6% Good ↑ Good Improving Dividends paid as a percentage of earnings Optimal: 30-60%	32.4% Good ↑ Good Improving Dividends paid as a percentage of earnings Optimal: 30-60%	24.5% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	27.6% Excellent → Excellent Stable Dividends paid as a percentage of earnings Optimal: 30-60%	26.4% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	25.6% Excellent → Excellent Stable Dividends paid as a percentage of earnings Optimal: 30-60%	28.1% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	18.0% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	31.0% Good ↑ Good Improving Dividends paid as a percentage of earnings Optimal: 30-60%	-285.7% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	22.4% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	65.0% Fair ↑ Fair Improving Dividends paid as a percentage of earnings Optimal: 30-60%	32.8% Good ↓ Good Declining Dividends paid as a percentage of earnings Optimal: 30-60%	35.1% Good → Good Stable Dividends paid as a percentage of earnings Optimal: 30-60%	38.5% Good ↑ Good Improving Dividends paid as a percentage of earnings Optimal: 30-60%	34.8% Good Good Dividends paid as a percentage of earnings Optimal: 30-60%	27.2% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2023 10-K ↗	FY 2023 Dec 31, 2022 10-K ↗	FY 2022 Dec 31, 2021 10-K ↗	FY 2021 Dec 31, 2020 10-K ↗	FY 2020 Dec 31, 2019 10-K ↗	FY 2019 Dec 31, 2018 10-K ↗	FY 2018 Dec 31, 2017 10-K ↗	FY 2017 Dec 31, 2016 10-K ↗	FY 2016 Dec 31, 2015 10-K ↗	FY 2015 Dec 31, 2014 10-K ↗	FY 2014 Dec 31, 2013 10-K ↗	FY 2013 Dec 31, 2012 10-K ↗	FY 2012 Dec 31, 2011 10-K ↗	FY 2011 Dec 31, 2010 10-K ↗	FY 2010 Dec 31, 2009 10-K ↗	FY 2009 Dec 31, 2008 10-K ↗	FY 2008 Dec 31, 2007 10-K ↗	FY 2007 Dec 31, 2006 10-K ↗
Working Capital (USD)	$-1.34B	$-982.00M	$-332.00M	$5.00B	$2.40B	$1.62B	$957.00M	$1.11B	$1.06B	$388.00M	$42.00M	$569.00M	$232.00M	$-451.00M	$694.00M	$484.44M	$-227.98M	—	—
LT Debt (USD)	$13.09B	$11.46B	$10.96B	$4.11B	$4.11B	$3.95B	$3.66B	$3.17B	$3.56B	$3.47B	$795.00M	$799.00M	$799.00M	$1.20B	$1.20B	$1.20B	$1.20B	—	—
Total Equity (USD)	$31.13B	$34.20B	$36.39B	$2.03B	$509.00M	$479.00M	$628.00M	$709.00M	$650.00M	$194.00M	$488.00M	$1.30B	$767.00M	$1.51B	$2.21B	$1.85B	$1.28B	—	—

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2023 10-K ↗	FY 2023 Dec 31, 2022 10-K ↗	FY 2022 Dec 31, 2021 10-K ↗	FY 2021 Dec 31, 2020 10-K ↗	FY 2020 Dec 31, 2019 10-K ↗	FY 2019 Dec 31, 2018 10-K ↗	FY 2018 Dec 31, 2017 10-K ↗	FY 2017 Dec 31, 2016 10-K ↗	FY 2016 Dec 31, 2015 10-K ↗	FY 2015 Dec 31, 2014 10-K ↗	FY 2014 Dec 31, 2013 10-K ↗	FY 2013 Dec 31, 2012 10-K ↗	FY 2012 Dec 31, 2011 10-K ↗	FY 2011 Dec 31, 2010 10-K ↗	FY 2010 Dec 31, 2009 10-K ↗	FY 2009 Dec 31, 2008 10-K ↗	FY 2008 Dec 31, 2007 10-K ↗	FY 2007 Dec 31, 2006 10-K ↗
Sales/Revenue/Turnover (USD)	$15.34B	$12.50B	$11.18B	$8.30B	$7.44B	$6.70B	$6.26B	$6.06B	$5.66B	$5.31B	$5.05B	$4.70B	$4.45B	$6.25B	$6.07B	$5.95B	$6.36B	$6.77B	—
Depreciation Expense (USD)	$1.18B	$1.14B	$1.01B	$178.00M	$206.00M	$204.00M	$206.00M	$180.00M	$181.00M	$157.00M	$134.00M	$137.00M	$141.00M	$378.00M	$407.00M	$460.50M	$119.85M	$112.59M	—
Net Income, GAAP (USD)	$4.47B	$2.63B	$3.25B	$3.02B	$2.34B	$2.12B	$1.96B	$1.50B	$2.11B	$1.16B	$-115.00M	$1.38B	$437.00M	$911.00M	$828.00M	$730.50M	$799.49M	$1.01B	—
Operating Cash Flow (USD)	$5.65B	$3.71B	$2.60B	$3.60B	$3.57B	$2.78B	$2.06B	$2.02B	$1.56B	$195.00M	$1.21B	$782.00M	$747.00M	$1.34B	$1.46B	$1.33B	$1.17B	$1.72B	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 19 years · 72 quarters

S&P Global Inc.

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