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.
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S&P Global Inc. (SPGI) Operating margin
S&P Global Inc.'s operating margin over the twelve months to 30 June 2026 was 44.4%, up 2.2 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 28.3% 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) |
|---|---|---|
| Jun 2026 | 43.7% | (4.30) |
| Mar 2026 | 48.0% | 5.25 |
| Dec 2025 | 42.8% | (0.33) |
| Sep 2025 | 43.1% | 1.78 |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| CME CME Group Inc. compare | 65.1% |
| MSCI MSCI Inc compare | 55.7% |
| ICE Intercontinental Exchange Inc. compare | 51.8% |
| MCO Moody's Corporation compare | 44.8% |
| SPGI S&P Global Inc. | 44.4% |
| CBOE Cboe Global Markets, Inc. compare | 34.7% |
| NDAQ Nasdaq, Inc. compare | 29.6% |
| TRU TransUnion compare | 18.7% |
| COIN Coinbase Global, Inc. compare | 9.86% |
| Financial Data & Stock Exchanges industry median | 28.3% |
| 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