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Friday 6 November 2026
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S&P Global Inc.
SPGI Financial Financial Data & Stock Exchanges
- Revenue
- +6.83%
- EPS
- +19.8%
- Free cash flow
- +30.0%
- Total debt
- +14.7%
Quarter to September 2026, against a year earlier
469.11
3.30
−0.70%
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S&P Global Inc. (SPGI) Operating margin
S&P Global Inc.'s operating margin over the twelve months to 30 September 2026 was 46.2%, up 4.0 percentage points from fiscal 2025 (42.2%). Over the past ten years it has ranged from 32.2% (fiscal 2023) to 59.0% (fiscal 2016); the current reading is higher than 36% of that period. That is above the Financial Data & Stock Exchanges industry median of 29.1% and above the Financial sector median of 0.00%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 42.2% | 2.97 |
| FY2024 | 39.3% | 7.10 |
| FY2023 | 32.2% | (12.05) |
| FY2022 | 44.2% | (6.65) |
| FY2021 | 50.9% | 2.27 |
| FY2020 | 48.6% | 0.44 |
| FY2019 | 48.2% | 3.58 |
| FY2018 | 44.6% | 1.98 |
| FY2017 | 42.6% | (16.42) |
| FY2016 | 59.0% | 22.94 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 53.2% | 9.48 |
| Jun 2026 | 43.7% | (4.30) |
| Mar 2026 | 48.0% | 6.89 |
| Dec 2025 | 41.1% | (4.08) |
| 43 more quarters | Free account |
Against its own ten years
Low 32.2%
High 59.0%
Ten-year median
44.2%
Current reading's percentile
58
Operating margin against peers
| Company | Operating margin |
|---|---|
| CME CME Group Inc. compare | 65.7% |
| MSCI MSCI Inc compare | 55.7% |
| ICE Intercontinental Exchange Inc. compare | 52.3% |
| SPGI S&P Global Inc. | 46.2% |
| MCO Moody's Corporation compare | 44.6% |
| CBOE Cboe Global Markets, Inc. compare | 36.4% |
| NDAQ Nasdaq, Inc. compare | 29.9% |
| TRU TransUnion compare | 19.3% |
| COIN Coinbase Global, Inc. compare | 3.56% |
| Financial Data & Stock Exchanges industry median | 29.1% |
| Financial sector median | 0.00% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on SPGI
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement