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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) provides benchmarks, data, analytics and workflow solutions to customers in capital, energy and commodity, and automotive markets. Its five businesses are Market Intelligence, which supplies multi-asset data, research, analytics and financial software; Ratings, an independent provider of… From the company’s description.

In fiscal 2025, S&P Global reported revenue of $15.34B, up 7.9% from fiscal 2024, and net income of $4.82B. Its operating margin was 42.2%, and operations generated $5.65B in cash. Over the twelve months to Jun 30, 2026, revenue was $16.12B.

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) provides benchmarks, data, analytics and workflow solutions to customers in capital, energy and commodity, and automotive markets. Its five businesses are Market Intelligence, which supplies multi-asset data, research, analytics and financial software; Ratings, an independent provider of credit ratings, research and analytics; Energy, which offers commodity price assessments, data, insights and software; Mobility, which serves automotive manufacturers, suppliers, dealers, service providers and financial firms with data and analytics; and Indices, which develops benchmarks licensed to investment products and financial markets. Customers include investors, banks, corporations, governments, energy producers and traders, automakers, dealerships and insurers. In 2025, the company had approximately 44,500 permanent employees worldwide. Its Mobility business is planned to separate into an independent publicly traded company, with completion expected in mid-2026, subject to required approvals. S&P Global’s product brands include S&P Capital IQ, RatingsXpress, RatingsDirect and S&P Dow Jones Indices. Its website is http://investor.spglobal.com.

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?”
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