S&P Global Inc. (SPGI)
Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014Q1-CY2014Q4-CY2013
Balance Sheet Date2025-Sep-302025-Jun-302025-Mar-312024-Dec-312024-Sep-302024-Jun-302024-Mar-312023-Dec-312023-Sep-302023-Jun-302023-Mar-312022-Dec-312022-Sep-302022-Jun-302022-Mar-312021-Dec-312021-Sep-302021-Jun-302021-Mar-312020-Dec-312020-Sep-302020-Jun-302020-Mar-312019-Dec-312019-Sep-302019-Jun-302019-Mar-312018-Dec-312018-Sep-302018-Jun-302018-Mar-312017-Dec-312017-Sep-302017-Jun-302017-Mar-312016-Dec-312016-Sep-302016-Jun-302016-Mar-312015-Dec-312015-Sep-302015-Jun-302015-Mar-312014-Dec-312014-Sep-302014-Jun-302014-Mar-312013-Dec-31
Fiscal PeriodQ3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017Q4-FY2016Q3-FY2016Q2-FY2016Q1-FY2016Q4-FY2015Q3-FY2015Q2-FY2015Q1-FY2015Q4-FY2014Q3-FY2014Q2-FY2014Q1-FY2014Q4-FY2013
Total Revenue3,888,000,000$3,755,000,000$3,777,000,000$3,592,000,000$3,575,000,000$3,549,000,000$3,491,000,000$3,152,000,000$3,084,000,000$3,101,000,000$3,160,000,000$2,937,000,000$2,861,000,000$2,993,000,000$2,389,000,000$2,088,000,000$2,087,000,000$2,106,000,000$2,016,000,000$1,867,000,000$1,846,000,000$1,943,000,000$1,786,000,000$1,735,000,000$1,689,000,000$1,704,000,000$1,571,000,000$1,536,000,000$1,546,000,000$1,609,000,000$1,567,000,000$1,589,000,000$1,513,000,000$1,509,000,000$1,453,000,000$1,399,000,000$1,439,000,000$1,482,000,000$1,341,000,000$1,374,000,000$1,324,000,000$1,342,000,000$1,273,000,000$1,290,000,000$1,263,000,000$1,302,000,000$1,196,000,000$1,206,000,000$
QoQ%3.54%(.58%)5.15%.48%.73%1.66%10.76%2.21%(.55%)(1.87%)7.59%2.66%(4.41%)25.28%14.42%.05%(.90%)4.46%7.98%1.14%(4.99%)8.79%2.94%2.72%(.88%)8.47%2.28%(.65%)(3.92%)2.68%(1.39%)5.02%.27%3.85%3.86%(2.78%)(2.90%)10.52%(2.40%)3.78%(1.34%)5.42%(1.32%)2.14%(3.00%)8.86%(.83%)4.69%
YoY%8.76%5.80%8.19%13.96%15.92%14.45%10.48%7.32%7.79%3.61%32.27%40.66%37.09%42.12%18.50%11.84%13.06%8.39%12.88%7.61%9.30%14.03%13.69%12.96%9.25%5.90%.26%(3.34%)2.18%6.63%7.85%13.58%5.14%1.82%8.35%1.82%8.69%10.43%5.34%6.51%4.83%3.07%6.44%6.97%9.64%8.05%4.91%(1.63%)
Cost Of Revenue1,121,000,000$1,119,000,000$1,153,000,000$1,137,000,000$1,065,000,000$1,078,000,000$1,111,000,000$1,032,000,000$995,000,000$1,026,000,000$1,088,000,000$1,008,000,000$989,000,000$1,007,000,000$749,000,000$582,000,000$543,000,000$528,000,000$527,000,000$566,000,000$517,000,000$493,000,000$518,000,000$516,000,000$480,000,000$471,000,000$473,000,000$551,000,000$410,000,000$441,000,000$430,000,000$432,000,000$419,000,000$432,000,000$411,000,000$421,000,000$431,000,000$470,000,000$453,000,000$477,000,000$419,000,000$412,000,000$410,000,000$446,000,000$402,000,000$407,000,000$396,000,000$450,000,000$
Gross Profit2,767,000,000$2,636,000,000$2,624,000,000$2,455,000,000$2,510,000,000$2,471,000,000$2,380,000,000$2,120,000,000$2,089,000,000$2,075,000,000$2,072,000,000$1,929,000,000$1,872,000,000$1,986,000,000$1,640,000,000$1,506,000,000$1,544,000,000$1,578,000,000$1,489,000,000$1,301,000,000$1,329,000,000$1,450,000,000$1,268,000,000$1,219,000,000$1,209,000,000$1,233,000,000$1,098,000,000$985,000,000$1,136,000,000$1,168,000,000$1,137,000,000$1,157,000,000$1,094,000,000$1,077,000,000$1,042,000,000$978,000,000$1,008,000,000$1,012,000,000$888,000,000$897,000,000$905,000,000$930,000,000$863,000,000$844,000,000$861,000,000$895,000,000$800,000,000$756,000,000$
Gross Margin71.17%70.20%69.47%68.35%70.21%69.63%68.18%67.26%67.74%66.91%65.57%65.68%65.43%66.36%68.65%72.13%73.98%74.93%73.86%69.68%71.99%74.63%71.00%70.26%71.58%72.36%69.89%64.13%73.48%72.59%72.56%72.81%72.31%71.37%71.71%69.91%70.05%68.29%66.22%65.28%68.35%69.30%67.79%65.43%68.17%68.74%66.89%62.69%
Operating Expenses1,092,000,000$1,085,000,000$1,046,000,000$1,146,000,000$1,076,000,000$1,019,000,000$995,000,000$1,230,000,000$1,015,000,000$1,164,000,000$928,000,000$1,213,000,000$1,019,000,000$504,000,000$(252,000,000$)602,000,000$461,000,000$424,000,000$408,000,000$645,000,000$385,000,000$345,000,000$356,000,000$401,000,000$318,000,000$420,000,000$393,000,000$281,000,000$432,000,000$496,000,000$426,000,000$530,000,000$445,000,000$409,000,000$403,000,000$121,000,000$(340,000,000$)831,000,000$829,000,000$951,000,000$914,000,000$771,000,000$772,000,000$2,438,000,000$897,000,000$817,000,000$776,000,000$899,000,000$
Operating Income1,675,000,000$1,551,000,000$1,578,000,000$1,309,000,000$1,434,000,000$1,452,000,000$1,385,000,000$890,000,000$1,074,000,000$911,000,000$1,144,000,000$716,000,000$853,000,000$1,482,000,000$1,892,000,000$904,000,000$1,083,000,000$1,154,000,000$1,081,000,000$656,000,000$944,000,000$1,105,000,000$912,000,000$818,000,000$891,000,000$813,000,000$705,000,000$704,000,000$704,000,000$672,000,000$711,000,000$627,000,000$649,000,000$668,000,000$639,000,000$857,000,000$1,348,000,000$651,000,000$512,000,000$424,000,000$410,000,000$582,000,000$501,000,000$(1,148,000,000$)366,000,000$476,000,000$420,000,000$271,000,000$
Operating Margin43.08%41.31%41.78%36.44%40.11%40.91%39.67%28.24%34.83%29.38%36.20%24.38%29.82%49.52%79.20%43.30%51.89%54.80%53.62%35.14%51.14%56.87%51.06%47.15%52.75%47.71%44.88%45.83%45.54%41.77%45.37%39.46%42.90%44.27%43.98%61.26%93.68%43.93%38.18%30.86%30.97%43.37%39.36%(88.99%)28.98%36.56%35.12%22.47%
Interest Income
Interest Expenses78,000,000$72,000,000$77,000,000$78,000,000$76,000,000$84,000,000$88,000,000$85,000,000$86,000,000$71,000,000$90,000,000$57,000,000$24,000,000$31,000,000$32,000,000$32,000,000$32,000,000$35,000,000$40,000,000$34,000,000$36,000,000$32,000,000$37,000,000$36,000,000$36,000,000$38,000,000$26,000,000$34,000,000$39,000,000$37,000,000$37,000,000$37,000,000$59,000,000$39,000,000$42,000,000$40,000,000$40,000,000$30,000,000$16,000,000$16,000,000$19,000,000$12,000,000$14,000,000$14,000,000$14,000,000$
Income Before Tax1,598,000,000$1,502,000,000$1,496,000,000$1,254,000,000$1,360,000,000$1,378,000,000$1,316,000,000$794,000,000$995,000,000$834,000,000$1,048,000,000$621,000,000$823,000,000$1,391,000,000$1,867,000,000$890,000,000$1,074,000,000$1,144,000,000$1,056,000,000$640,000,000$636,000,000$1,075,000,000$877,000,000$731,000,000$851,000,000$782,000,000$566,000,000$671,000,000$672,000,000$657,000,000$681,000,000$589,000,000$621,000,000$640,000,000$611,000,000$798,000,000$1,309,000,000$609,000,000$472,000,000$384,000,000$380,000,000$566,000,000$485,000,000$(1,167,000,000$)354,000,000$462,000,000$406,000,000$257,000,000$
Tax Expenses333,000,000$342,000,000$325,000,000$287,000,000$313,000,000$293,000,000$248,000,000$150,000,000$181,000,000$259,000,000$188,000,000$127,000,000$145,000,000$340,000,000$568,000,000$154,000,000$213,000,000$287,000,000$248,000,000$135,000,000$138,000,000$233,000,000$188,000,000$145,000,000$189,000,000$180,000,000$113,000,000$120,000,000$137,000,000$156,000,000$147,000,000$290,000,000$169,000,000$183,000,000$181,000,000$229,000,000$386,000,000$197,000,000$149,000,000$108,000,000$99,000,000$185,000,000$156,000,000$(183,000,000$)139,000,000$152,000,000$138,000,000$74,000,000$
Net Income1,265,000,000$1,160,000,000$1,171,000,000$967,000,000$1,047,000,000$1,085,000,000$1,068,000,000$644,000,000$814,000,000$575,000,000$860,000,000$494,000,000$678,000,000$1,051,000,000$1,299,000,000$736,000,000$861,000,000$857,000,000$808,000,000$505,000,000$498,000,000$842,000,000$689,000,000$585,000,000$662,000,000$602,000,000$453,000,000$551,000,000$535,000,000$501,000,000$534,000,000$299,000,000$452,000,000$457,000,000$430,000,000$569,000,000$923,000,000$412,000,000$323,000,000$276,000,000$281,000,000$381,000,000$329,000,000$(821,000,000$)217,000,000$316,000,000$275,000,000$188,000,000$
Profit Margin32.54%30.89%31.00%26.92%29.29%30.57%30.59%20.43%26.39%18.54%27.22%16.82%23.70%35.12%54.37%35.25%41.26%40.69%40.08%27.05%26.98%43.34%38.58%33.72%39.20%35.33%28.84%35.87%34.61%31.14%34.08%18.82%29.87%30.29%29.59%40.67%64.14%27.80%24.09%20.09%21.22%28.39%25.84%(63.64%)17.18%24.27%22.99%15.59%
TTM30.40%29.56%29.46%29.33%27.92%27.20%24.17%23.15%22.33%21.62%25.80%31.50%36.43%41.30%43.29%39.32%37.53%34.05%34.58%34.05%35.76%38.84%36.71%34.36%34.89%33.68%32.58%33.89%29.62%28.45%28.20%27.01%32.48%41.02%40.43%39.34%34.32%23.40%23.43%23.85%3.25%2.05%.80%(.26%)20.05%21.09%20.70%31.15%
Earnings to Minority89,000,000$88,000,000$81,000,000$87,000,000$76,000,000$74,000,000$77,000,000$65,000,000$72,000,000$64,000,000$65,000,000$61,000,000$70,000,000$79,000,000$64,000,000$61,000,000$64,000,000$59,000,000$53,000,000$51,000,000$43,000,000$50,000,000$50,000,000$44,000,000$45,000,000$47,000,000$43,000,000$39,000,000$40,000,000$40,000,000$43,000,000$36,000,000$38,000,000$36,000,000$31,000,000$32,000,000$31,000,000$29,000,000$29,000,000$28,000,000$29,000,000$28,000,000$26,000,000$25,000,000$27,000,000$24,000,000$27,000,000$17,000,000$
Earnings to Common Shareholders1,176,000,000$1,072,000,000$1,090,000,000$880,000,000$971,000,000$1,011,000,000$991,000,000$579,000,000$742,000,000$511,000,000$795,000,000$433,000,000$608,000,000$972,000,000$1,235,000,000$675,000,000$797,000,000$798,000,000$755,000,000$454,000,000$455,000,000$792,000,000$639,000,000$541,000,000$617,000,000$555,000,000$410,000,000$512,000,000$495,000,000$461,000,000$491,000,000$263,000,000$414,000,000$421,000,000$399,000,000$537,000,000$892,000,000$383,000,000$294,000,000$248,000,000$252,000,000$353,000,000$303,000,000$(846,000,000$)190,000,000$292,000,000$248,000,000$171,000,000$
QoQ%9.70%(1.65%)23.86%(9.37%)(3.96%)2.02%71.16%(21.97%)45.21%(35.72%)83.60%(28.78%)(37.45%)(21.30%)82.96%(15.31%)(.13%)5.70%66.30%(.22%)(42.55%)23.94%18.12%(12.32%)11.17%35.37%(19.92%)3.43%7.38%(6.11%)86.69%(36.47%)(1.66%)5.51%(25.70%)(39.80%)132.90%30.27%18.55%(1.59%)(28.61%)16.50%135.82%(545.26%)(34.93%)17.74%45.03%(20.47%)
YoY%21.11%6.03%9.99%51.99%30.86%97.85%24.65%33.72%22.04%(47.43%)(35.63%)(35.85%)(23.71%)21.81%63.58%48.68%75.17%.76%18.15%(16.08%)(26.26%)42.70%55.85%5.66%24.65%20.39%(16.50%)94.68%19.57%9.50%23.06%(51.02%)(53.59%)9.92%35.71%116.53%253.97%8.50%(2.97%)129.31%32.63%20.89%22.18%(594.74%)(11.63%)14.96%(66.26%)179.17%
Earnings Per Share, Basic3.86$3.50$3.55$2.85$3.12$3.23$3.16$1.84$2.34$1.60$2.47$1.33$1.84$2.88$4.49$2.80$3.31$3.31$3.14$1.89$1.89$3.29$2.64$2.22$2.52$2.26$1.66$2.06$1.97$1.84$1.95$1.03$1.62$1.64$1.55$2.07$3.39$1.45$1.11$0.92$0.93$1.29$1.11$(3.11$)0.70$1.08$0.91$0.63$
Earnings Per Share, Diluted3.86$3.50$3.54$2.85$3.12$3.23$3.16$1.83$2.33$1.60$2.47$1.32$1.84$2.86$4.47$2.79$3.30$3.30$3.13$1.88$1.88$3.27$2.63$2.20$2.50$2.24$1.65$2.03$1.95$1.82$1.93$1.02$1.61$1.62$1.53$2.05$3.36$1.44$1.10$0.91$0.92$1.28$1.10$(3.29$)0.69$1.06$0.89$0.62$
Unlevered FCF Per Share, Basic4.95$4.72$3.10$5.64$4.64$4.97$3.02$4.23$3.19$2.41$1.85$3.43$2.47$1.34$0.81$3.90$4.01$3.83$3.19$4.75$3.36$3.89$2.81$4.12$3.11$2.91$1.19$2.66$1.98$2.16$1.43$3.20$2.07$1.25$1.37$1.17$2.35$1.72$0.70$
Unlevered FCF Per Share, Diluted4.94$4.72$3.10$5.63$4.64$4.97$3.02$4.23$3.19$2.40$1.84$3.40$2.46$1.34$0.80$3.88$4.00$3.82$3.18$4.72$3.35$3.87$2.79$4.09$3.09$2.90$1.18$2.64$1.96$2.14$1.42$3.16$2.05$1.24$1.35$1.16$2.33$1.71$0.69$
Average Shares, Basic304,300,000305,900,000307,300,000308,600,000311,200,000313,000,000313,600,000315,500,000317,500,000319,300,000321,300,000324,800,000329,600,000338,000,000275,200,000240,900,000240,900,000240,800,000240,600,000240,400,000240,600,000240,900,000242,100,000243,800,000245,000,000246,100,000246,700,000248,800,000251,300,000251,100,000252,400,000254,200,000255,500,000257,300,000258,200,000258,800,000262,900,000264,500,000265,000,000268,500,000271,300,000273,100,000273,500,000271,800,000270,900,000271,500,000271,800,000270,400,000
Average Shares, Diluted304,500,000306,100,000307,700,000308,900,000311,500,000313,200,000314,000,000315,700,000318,000,000319,800,000322,100,000327,500,000330,900,000339,300,000276,300,000242,100,000241,700,000241,800,000241,600,000241,600,000241,600,000241,900,000243,300,000245,400,000246,500,000247,400,000248,300,000251,600,000253,500,000253,300,000254,400,000257,000,000257,900,000259,900,000260,800,000261,600,000265,300,000266,700,000267,200,000272,000,000274,400,000275,700,000276,300,000257,300,000275,400,000276,100,000277,200,000277,800,000
EBIT1,598,000,000$1,502,000,000$1,574,000,000$1,254,000,000$1,432,000,000$1,455,000,000$1,394,000,000$870,000,000$1,079,000,000$922,000,000$1,133,000,000$707,000,000$894,000,000$1,481,000,000$1,924,000,000$890,000,000$1,105,000,000$1,176,000,000$1,088,000,000$640,000,000$671,000,000$1,115,000,000$911,000,000$731,000,000$883,000,000$819,000,000$602,000,000$671,000,000$710,000,000$683,000,000$715,000,000$628,000,000$658,000,000$677,000,000$648,000,000$857,000,000$1,348,000,000$651,000,000$512,000,000$424,000,000$410,000,000$582,000,000$501,000,000$(1,148,000,000$)366,000,000$476,000,000$420,000,000$271,000,000$
EBITDA1,598,000,000$1,502,000,000$1,574,000,000$1,254,000,000$1,432,000,000$1,455,000,000$1,394,000,000$870,000,000$1,079,000,000$922,000,000$1,133,000,000$707,000,000$894,000,000$1,481,000,000$1,924,000,000$890,000,000$1,105,000,000$1,176,000,000$1,088,000,000$640,000,000$671,000,000$1,115,000,000$911,000,000$731,000,000$883,000,000$819,000,000$602,000,000$671,000,000$710,000,000$683,000,000$715,000,000$628,000,000$658,000,000$677,000,000$648,000,000$857,000,000$1,348,000,000$651,000,000$512,000,000$424,000,000$410,000,000$582,000,000$501,000,000$(1,148,000,000$)366,000,000$476,000,000$420,000,000$271,000,000$