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SPGI

S&P 500
Favorable · 65/100

S&P Global

Financials
Financial Exchanges & Data

$407.39

0.9%

Updated Today 7:15 PM ET

Price — Past Year

▼ Down 18.2% over the last 12 months

Price 50-day average 200-day averageSource: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$121.63B

P/E

25.46x

Forward P/E (est.)

20.52x

ROE

14.8%

Revenue Growth

8.5%

EPS Growth

24.1%

Profit Margin

30.4%

FCF Yield

2.8%

Debt / Equity

0.42x

ROIC

12.0%

Interest Coverage

19.4x

Current Ratio

0.68x

Dividend Yield

0.9%

Implied Growth (rev. DCF)

4.3%

Rating Score

65/100

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what SPGI's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. SPGI trades near $407.39, below its 50-day average ($424.44) and 200-day average ($469.51). Price below both averages is a downtrend — momentum is against buyers for now.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 50 it is in neutral territory — neither stretched nor washed out.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.

Volatility — ATR. Average True Range is the typical daily move. SPGI's is $11.97 (~2.9% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month SPGI found buyers near $403.80 (support) and sellers near $436.37 (resistance); its 52-week range is $381.61–$579.05. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 1.0× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Business Overview
Research

S&P Global (SPGI) is a large-cap company in the Financial Exchanges & Data industry, part of the Financials sector of the S&P 500, with a market value around $121.63B.

In its latest reported year it generated about $15.34B in revenue and $4.47B in net profit.

Our model rates SPGI Favorable (65/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Revenue Growth
Research

4Y CAGR

16.6%

Revenue moved from $8.30B in 2021 to $15.34B in 2025, a 16.6% compound annual growth rate. The most recent year grew a steady 8.5% year over year. Slower, mature growth is common for established businesses.

Profitability
Research

Gross Margin

63.4%

Operating Margin

42.2%

Net Margin

29.2%

ROE

14.8%

S&P Global keeps about 30.4% of each sales dollar as net profit, with a 63.4% gross margin and 42.2% operating margin. Return on equity is 14.8% and return on invested capital about 12.0%. Margins this wide usually signal pricing power or a cost advantage.

Debt Analysis
Research

Total Debt

$13.32B

Net Debt

$11.51B

Net Debt / EBITDA

1.78x

Debt / Equity

0.42x

Leverage: debt-to-equity is 0.4x, and operating profit covers interest about 19.4x, with a current ratio of 0.7x. That is a conservative balance sheet — a cushion in downturns. It carries roughly $13.32B of total debt against $1.81B of cash.

Cash Flow Analysis
Research

Operating CF

$5.65B

Free Cash Flow

$5.46B

FCF Margin

35.6%

In the latest year S&P Global produced about $5.65B of operating cash flow and $5.46B of free cash flow after capital spending. That is a free-cash-flow yield of about 2.8% on today's price. Cash flow is what ultimately pays shareholders, so it is worth tracking over time.

Valuation Analysis
Research

P/E

25.46x

P/S

8.36x

P/B

4.82x

EV / EBITDA

18.25x

SPGI trades at 25.5x trailing earnings (about 20.5x on estimated forward earnings), 8.4x sales, and 4.8x book value. Reverse-engineering today's price implies the market expects roughly 4.3% long-term free-cash-flow growth. That is a premium multiple that needs growth to justify it.

Metrics vs. Typical Range

Where this stock sits versus what most companies trade at.

TTM P/E
25.5xFair
Forward P/E
20.5xFair
P/S ratio
8.4xExpensive
Revenue growth
8.5%Strong
EPS growth
24.1%Strong
Gross margin
63.4%Strong
Net margin
30.4%Strong
ROE
14.8%Average

Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.

Sector Peer Comparison

How SPGI stacks up against its Financials peers — valuation, profitability, and growth versus the sector median.

In the Financials sector (76 S&P 500 companies), SPGI ranks #40 of 76 by our overall rating. It trades at a premium versus the sector on earnings (25.5x P/E vs. 15.2x median) with a lower return on equity (14.8% vs. 15.3%) and slower revenue growth (8.5% vs. 9.1%).

P/E vs sector

25.5x

median 15.2x

ROE vs sector

14.8%

median 15.3%

Growth vs sector

8.5%

median 9.1%

Sector rank

#40

of 76 by rating

CompanyP/ERev Gr.Rating
SPGIThis stock25.5x8.5%Favorable· 65
CME20.7x24.6%Strong· 81
MCO31.6x8.9%Favorable· 62
ICE19.1x7.3%Strong· 72
NDAQ24.3x6.3%Favorable· 66
COIN53.8x-5.8%Weak· 24
MSCI32.2x10.9%Favorable· 61
CBOE23.3x10.6%Strong· 76
Financials median15.2x9.1%65/100

Valuation vs. quality map

sector medianCMEMCOICENDAQCOINMSCICBOESPGIP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Financials companies by sub-industry and size. Sector median is across all 76 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$346.77$577.95

vs. $407.39 today · expected CAGR -3%7%

Metric20262027202820292030
Revenue$16.72B$18.22B$19.86B$21.65B$23.60B
Net income$4.85B$5.28B$5.76B$6.28B$6.84B
EPS$16.38$17.85$19.46$21.21$23.12
Share price (low)$245.66$267.77$291.87$318.14$346.77
Share price (high)$409.43$446.28$486.45$530.23$577.95
CAGR (low–high)-40% / 1%-19% / 5%-11% / 6%-6% / 7%-3% / 7%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for SPGI:

  • High net margins (30.4%) point to pricing power or efficiency.
  • A conservative balance sheet (debt/equity 0.4x) lowers risk.
  • Our model's overall read is Favorable (65/100).
Bear Case

The case against SPGI:

  • Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Key Risks
Research

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the fundamentals screen favourably: S&P Global is a large-cap financials business growing at a mature pace, with solid profitability, and a sound balance sheet. It trades at 25.5x earnings, which our model scores Favorable (65/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.