S&P Global Inc
NYSE: SPGI
Stock price
415.42 USD
(+12.55%) 5 years
Financial Performance
5Y price score: 19
against the S&P 500 Index over a five-year period.
A score of 100 indicates that the stock did as well as the S&P 500 Index.
A score below 100 means the stock underperformed the index,
while a score above 100 means it outperformed the S&P 500.
10Y return: 355.6%
US$ Per
Share
Earnings per share
Free cash flow per share
Stock price
By default your notes are visible only to you.
381.6
52-week range
579.0
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| Required return / cost of capital |
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Valuation
Free Cash Flow Yield
4.3 %
Dividend Yield TTM
0.9 %
Market cap $
$ 124,127.5
Price / Earnings TTM
28.4
Price / Book TTM
4
PEG TTM
1.5
Earnings growth and return
LTM
5YR
10YR
Total return (price & dividends)
(8.4) %
17.3 %
355.6 %
Free cash flow per share growth
0.2 %
24 %
5,480.2 %
Earnings per share growth
18.7 %
51.8 %
248.2 %
Business Summary:
all figures in USD Millions except per share data
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Latest Earnings Call Takeaways
2025 Q4 (Feb 10, 2026)
1) Strategic Vision and Leadership - S&P Global had a strong performance in 2025, achieving 14% EPS growth and exceeding initial guidance on revenue and operating margins. - The company returned 113% of adjusted free cash flow to shareholders, marking the 53rd consecutive year of dividend increases and over $5 billion in stock repurchases. - CEO Martina Cheung emphasized the company's strategic vision of "advancing essential intelligence," focusing on market leadership, expansion into high-growth adjacencies, and amplifying enterprise capabilities. - Significant progress was made in private markets, energy expansion, and AI initiatives, with a strong emphasis on integrating AI into products and operations.
2) Financial and Segment Results - Full-year reported revenue grew 9%, with organic constant currency revenue rising 8%. - Ratings and Indices divisions posted double-digit growth, driven by robust debt issuance and equity market appreciation. - Market Intelligence revenue grew 7%, with subscription revenue constituting approximately 85% of total revenue. - Adjusted operating margins expanded to 47.3%, with notable contributions from Ratings (61.8% margin) and Indices (68.8% margin).
| Segment | Revenue Growth (YoY) | Operating Margin |
|---|---|---|
| Ratings | 12% | 61.8% |
| Indices | 14% | 68.8% |
| Market Intelligence | 7% | 32.2% |
| Energy | 6% | 45.5% |
3) Challenges and Headwinds - The company faced disruptions in the issuance markets, particularly impacting the Ratings business, and saw sanctions affecting the energy sector. - Market volatility and a slowdown in bank loan volumes contributed to softer performance in volume-driven products within Market Intelligence. - The outlook for 2026 anticipates modest growth in bank loans and a cautious approach to M&A activity, with expectations of low to mid-single-digit growth in Billed Issuance.
4) Operational and Product Plans - S&P Global plans to continue investing in AI and product innovation, with a focus on enhancing existing offerings and developing new solutions. - The integration of With Intelligence is expected to drive cross-sell opportunities and improve operational efficiencies. - The company is also preparing for the spin-off of its Mobility business, with plans for a public debt offering and an Investor Day in 2026.
5) Guidance and Outlook - For 2026, S&P Global expects organic constant currency revenue growth of 6% to 8% and adjusted diluted EPS in the range of $19.40 to $19.65, representing 9% to 10% growth year-over-year. - The guidance reflects a cautious outlook on market-driven components and a focus on maintaining margin expansion amidst ongoing investments in technology and product development.
Bottom line: S&P Global demonstrated strong financial performance in 2025, with a clear strategic vision and commitment to innovation. While facing some market headwinds, the company is well-positioned for growth in 2026, supported by its diversified revenue streams and ongoing investments in AI and product enhancements.
S&P Global Inc — Financial Overview, Stock Price, Market Cap
S&P Global Inc is a company. Founded in 1860. As of April 13, 2026, the company's market capitalization is $124127496000 with a current stock price of $415.42.
