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S&P Global Inc (SPGI) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

FINANCIAL SERVICES · Financial Exchanges & Data · DATA UPDATED 2026-08-16

S&P Global Inc (SPGI) operates in the Financial Exchanges & Data industry and is headquartered in New York, United States with about 44,500 employees. Its market capitalization is roughly $119 billion. In the fiscal year ended 2025-12-31, SPGI reported $15.3B in revenue and $4.5B in net income.

S&P Global Inc., together with its subsidiaries, provides benchmarks, data, analytics, and workflow solutions in the global capital, energy and commodity, and automotive markets. It operates through four segments: S&P Global Market Intelligence, S&P Global Ratings, S&P Global Energy, and S&P Dow Jones Indices.

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SPGI Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Total Revenue$16.1B$15.3B$14.2B$12.5B$11.2B$8.3B$7.4B$6.7B$6.3B$6.1B$5.7B$5.3B$5.1B$4.9B$4.5B$6.2B$6.2B$6.0B$6.4B$6.8B$6.3B
Gross Profit$11.4B$10.8B$9.8B$12.5B$7.4B$6.1B$5.3B$4.7B$4.4B$4.4B$3.9B$3.6B$3.4B$3.1B$2.8B$2.6B$2.4B$3.6B$3.8B$4.2B$3.9B
Gross Margin %70.9%70.2%69.1%100.0%66.4%73.7%71.9%70.5%70.6%72.1%68.7%67.7%67.3%64.4%63.7%41.1%39.4%59.9%60.5%62.7%61.8%
Operating Income (EBIT)$7.5B$6.5B$5.6B$4.0B$4.9B$4.2B$3.6B$3.2B$2.8B$2.6B$3.3B$1.9B$113M$1.4B$1.2B$1.1B$1.0B$1.3B$1.4B$1.7B$1.4B
Operating Margin %46.3%42.2%39.3%32.2%44.2%50.9%48.6%48.2%44.6%42.6%59.0%36.1%2.2%27.9%26.3%17.2%16.6%21.1%21.3%24.6%22.7%
Net Income$4.9B$4.5B$3.9B$2.6B$3.2B$3.0B$2.3B$2.1B$2.0B$1.5B$2.1B$1.2B($115M)$1.4B$437M$911M$828M$731M$799M$1.0B$882M
Net Margin %30.5%29.1%27.1%21.0%29.0%36.4%31.4%31.7%31.3%24.7%37.2%21.8%-2.3%28.2%9.8%14.6%13.4%12.3%12.6%15.0%14.1%
EBITDA$8.2B$7.7B$6.8B$4.0B$6.0B$4.5B$3.6B$3.3B$3.0B$2.8B$3.5B$2.1B$247M$1.5B$1.3B$1.2B$1.1B$1.7B$1.8B$2.1B$1.8B
Earnings Per Share (EPS)$16.42$14.65$12.35$8.23$10.20$12.51$9.66$8.60$7.73$5.78$7.94$4.21$-0.42$4.92$1.54$3.00$2.65$2.33$2.51$2.94$2.40
Shares Outstanding (M)296M305M312M319M318M242M242M247M253M259M265M275M272M280M285M304M312M313M319M345M367M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

SPGI Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$4.1B$4.2B$3.9B$3.9B$3.8B$3.8B$3.6B$3.6B
Gross Profit$3.0B$2.9B$2.7B$2.8B$2.6B$2.6B$2.5B$2.5B
Gross Margin %71.9%70.4%70.1%71.2%70.2%69.5%69.0%70.0%
Operating Income (EBIT)$2.1B$2.0B$1.7B$1.7B$1.6B$1.6B$1.3B$1.4B
Operating Margin %50.8%48.0%42.8%43.1%41.3%41.8%36.4%40.1%
Net Income$1.2B$1.4B$1.1B$1.2B$1.1B$1.1B$880M$971M
Net Margin %29.3%33.5%29.0%30.2%28.5%28.9%24.5%27.2%
EBITDA$2.1B$2.2B$2.0B$2.0B$1.9B$1.9B$1.6B$1.7B
Earnings Per Share (EPS)$4.12$4.69$3.75$3.86$3.50$3.54$2.82$3.12
Shares Outstanding (M)296M298M302M304M306M308M312M312M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

SPGI Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Cash from Operations (CFO)$5.7B$5.7B$5.7B$3.7B$2.6B$3.6B$3.6B$2.8B$2.1B$2.0B$1.5B$227M$1.2B$782M$747M$1.3B$1.5B$1.3B$1.2B$1.7B$1.5B
Capital Expenditures (CapEx)$156M$195M$124M$143M$89M$35M$76M$115M$113M$123M$115M$139M$92M$117M$97M$119M$266M$269M$385M$246M$426M
Free Cash Flow (FCF)$5.6B$5.5B$5.6B$3.6B$2.5B$3.6B$3.5B$2.7B$2.0B$1.9B$1.3B$88M$1.1B$665M$650M$1.2B$1.2B$1.1B$783M$1.5B$1.1B
FCF Margin %34.6%35.6%39.2%28.5%22.5%42.9%46.9%39.7%31.2%31.2%23.8%1.7%22.1%13.6%14.6%19.6%19.3%17.7%12.3%21.7%17.3%
Dividends Paid$1.2B$1.2B$1.1B$1.1B$1.0B$743M$645M$560M$503M$421M$380M$363M$326M$308M$984M$296M$292M$282M$280M$278M$260M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

SPGI Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)$1.4B$1.0B$1.7B$1.5B$1.4B$953M$1.7B$1.4B
Capital Expenditures (CapEx)$38M$27M$46M$45M$61M$43M$33M$35M
Free Cash Flow (FCF)$1.4B$1.0B$1.7B$1.5B$1.4B$910M$1.7B$1.4B
FCF Margin %33.8%24.2%43.5%37.5%36.9%24.1%47.5%39.4%
Dividends Paid$287M$288M$290M$291M$294M$295M$280M$282M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

SPGI Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Total Assets$62.9B$61.2B$60.2B$60.6B$61.8B$15.0B$12.5B$11.3B$9.5B$9.4B$8.7B$8.2B$6.8B$6.1B$7.1B$6.4B$7.0B$6.5B$6.1B$6.4B$6.0B
Cash & Cash Equivalents$4.1B$1.7B$1.7B$1.3B$1.3B$6.5B$4.1B$2.9B$2.0B$2.8B$2.4B$1.5B$2.5B$1.5B$760M$835M$1.5B$1.2B$472M$396M$353M
Total Liabilities$26.3B$25.0B$22.7B$22.5B$22.0B$9.5B$9.2B$8.5B$7.2B$7.3B$6.9B$7.0B$5.4B$3.9B$5.4B$4.8B$4.8B$4.5B$4.8B$4.8B$3.4B
Total Debt (Short + Long-Term)$15.3B$13.2B$11.4B$11.5B$11.1B$4.2B$4.2B$4.1B$3.9B$3.6B$3.7B$3.6B$990M$1.0B$1.3B$1.2B$1.8B$1.2B$1.3B$1.2B$3M
Total Shareholders' Equity$31.6B$31.2B$33.2B$34.2B$36.5B$2.0B$509M$479M$2.3B$768M$1.8B$243M$1.3B$2.2B$840M$1.6B$2.3B$1.8B$1.3B$1.6B$2.7B

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive SPGI viewer.

SPGI Metric Deep Dives

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