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Saturday 17 October 2026 Export SPGI’s income statement to Excel — free account

S&P Global Inc.

SPGI Financial Financial Data & Stock Exchanges

S&P Global Inc.’s revenue for fiscal 2025 (year ended December 2025) was $15.3 billion, up 7.94% from fiscal 2024. In the quarter to June 2026, revenue grew 10.4%, EPS grew 16.6%, free cash flow grew 1.23% and total debt rose 33.2%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for ten; insiders bought in the last twelve months.

429.26 4.45 +1.05%
Market cap
$125.2B
P/E
26.2×
Fwd P/E
25.0×
Dividend yield
0.90%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

S&P Global Inc. (SPGI) Debt to equity

Alert me on Debt to equity

S&P Global Inc.'s debt to equity at the end of the quarter to 30 June 2026 was 0.5×, up 0.1× from fiscal 2025 (0.4×). Over the past ten years it has ranged from 0.3× (fiscal 2022) to 14.9× (fiscal 2015); the current reading is higher than 36% of that period. That is in line with the Financial Data & Stock Exchanges industry median of 0.5× and above the Financial sector median of 0.2×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.4× 22.26%
FY2024 0.3× 2.57%
FY2023 0.3× 11.22%
FY2022 0.3× (84.97%)
FY2021 2.0× (72.90%)
FY2020 7.4× (2.66%)
FY2019 7.6× 41.48%
FY2018 5.4× 14.91%
FY2017 4.7× (8.36%)
FY2016 5.1× (65.79%)

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.5× 12.71%
Mar 2026 0.4× 1.60%
Dec 2025 0.4× 22.34%
Sep 2025 0.3× 0.74%
42 more quarters

Against its own ten years

Low 0.3× High 14.9×
Ten-year median 4.7×
Current reading's percentile 36

Debt to equity against peers

Company Debt to equity
MSCI MSCI Inc compare −2.4×
CME CME Group Inc. compare 0.1×
CBOE Cboe Global Markets, Inc. compare 0.3×
SPGI S&P Global Inc. 0.5×
ICE Intercontinental Exchange Inc. compare 0.6×
NDAQ Nasdaq, Inc. compare 0.7×
COIN Coinbase Global, Inc. compare 0.8×
TRU TransUnion compare 1.1×
MCO Moody's Corporation compare 2.2×
Financial Data & Stock Exchanges industry median 0.5×
Financial sector median 0.2×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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