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

S&P Global Inc. (SPGI) Return on invested capital

Alert me on Return on invested capital

S&P Global Inc.'s return on invested capital over the twelve months to 30 June 2026 was 10.5%, up 1.0 percentage points from fiscal 2025 (9.52%). Over the past ten years it has ranged from 0.00% (fiscal 2021) to 347.8% (fiscal 2020); the current reading is higher than 45% of that period. That is above the Financial Data & Stock Exchanges industry median of 9.96% and above the Financial sector median of 4.85%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 9.52% 1.40
FY2024 8.12% 2.47
FY2023 5.65% (1.05)
FY2022 6.70% 6.70
FY2021 0.00% (347.79)
FY2020 347.8% 227.92
FY2019 119.9% 46.29
FY2018 73.6% (30.98)
FY2017 104.6% (7.40)
FY2016 112.0% 61.34

Against its own ten years

Low 0.00% High 347.8%
Ten-year median 50.6%
Current reading's percentile 45

Return on invested capital against peers

Company Return on invested capital
MSCI MSCI Inc compare 34.8%
MCO Moody's Corporation compare 26.5%
CBOE Cboe Global Markets, Inc. compare 23.5%
SPGI S&P Global Inc. 10.5%
CME CME Group Inc. compare 9.96%
NDAQ Nasdaq, Inc. compare 8.18%
ICE Intercontinental Exchange Inc. compare 7.48%
TRU TransUnion compare 5.99%
COIN Coinbase Global, Inc. compare 2.62%
Financial Data & Stock Exchanges industry median 9.96%
Financial sector median 4.85%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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