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Companies / Financials / S&P Global
SPGI

S&P Global

FinancialsBusiness Services & SoftwareS&P 500
Ticker SPGINEW YORK, NYFiscal year ends DecemberBook value per share $106.21Diluted shares 296.6M

S&P Global Inc. (NYSE: SPGI) operates as a global, diversified provider of benchmarks, data, analytics, and workflow solutions serving the capital markets, energy and commodity markets, and automotive sectors. The company maintains its investor relations website at http://investor.spglobal.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$15.34BFY2025
+7.9% year over year
Last 12 mo $16.12B
42.24%FY2025
+3 percentage points
Last 12 mo 44.43%
$4.82BFY2025
+15.7% year over year
Last 12 mo $5.32B
14.36%FY2025
+2.7 percentage points
Last 12 mo 15.63%
Cash & financing
$5.65BFY2025
−0.7% year over year
Last 12 mo $5.73B
$5.46BFY2025
−2.0% year over year
Last 12 mo $5.57B
0.42FY2025
Was 0.34× a year earlier
Last 12 mo 0.48
305.1MFY2025
−2.2% year over year
Last 12 mo 296.6M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What S&P Global does

In the company’s own words

S&P Global Inc. (NYSE: SPGI) operates as a global, diversified provider of benchmarks, data, analytics, and workflow solutions serving the capital markets, energy and commodity markets, and automotive sectors. The company maintains its investor relations website at http://investor.spglobal.com.

The company operates through five primary business segments. S&P Global Market Intelligence provides multi-asset-class data and analytics integrated with workflow solutions, serving investment managers, investment banks, private equity firms, insurance companies, and government agencies through desktop products, enterprise solutions, and credit risk offerings. S&P Global Ratings functions as an independent provider of credit ratings, research, and analytics with offices in over 25 countries, serving investors, corporations, governments, and financial institutions. S&P Global Energy delivers information and benchmark prices for energy and commodity markets, including price assessments, market data, and advisory services for petroleum, gas, power, metals, and agriculture sectors. S&P Global Mobility provides solutions across the automotive value chain, serving vehicle manufacturers, suppliers, dealerships, and financial institutions through dealer analytics, manufacturing insights, and financial services offerings. S&P Dow Jones Indices maintains a wide variety of valuation and index benchmarks for investment advisors, wealth managers, and institutional investors, generating revenue through asset-linked fees and trading volume royalties.

As of December 31, 2025, the company employed approximately 44,500 permanent employees worldwide, with significant operations in Asia (26,200 employees), the United States and Canada (11,050), Europe, Middle East and Africa (6,200), and Latin America (1,050). The company generates revenue through subscription-based models, usage-based royalties, and transactional fees across its diverse business lines. In April 2025, the company announced plans to separate its Mobility segment into an independent publicly traded company through a spin-off expected to be completed mid-2026. The company was incorporated in December 1925 under New York law and has maintained a leading role in global financial infrastructure for over 150 years, particularly through its Ratings division.

Company details
Sector
Financials
Industry (SIC)
Business Services & Software
Headquarters
NEW YORK, NY
Fiscal year end
December
CIK
64040
SIC
7320

Financial performance, year by year

Fiscal 2013–2025 · USD
$-1.82B$3.07B$7.97B$12.86B$17.75B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns S&P Global — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

925
funds hold it
8 of 35
superinvestors hold it
$32.42B
held by funds, at market
26.6%
of shares held by funds
19
bond issues held by funds

Superinvestors in S&P Global · what they did last quarter

Chris HohnINCREASED +0.3%
TCI Fund Management
10.9%of 13F portfolio
Dev KantesariaDECREASED -13.3%
Valley Forge Capital Management
19.9%of 13F portfolio
Pat DorseyINCREASED +42.1%
Dorsey Asset Management
8.3%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · S&P Global’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.16%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.19%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.19%of fund net assets
Fidelity 500 Index Fund
FXAIX · Fidelity Concord Street Trust
0.20%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

S&P Global’s bonds, as funds hold them

Funds report holding 19 issues of S&P Global’s debt, $1.21B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 3.40%, maturing 2026 to 2062.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do S&P Global and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of S&P Global's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in S&P Global's last four quarterly filings that the numbers alone won't show?”
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