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S&P GLOBAL INC (SPGI) Stock Fundamental Analysis

USA - New York Stock Exchange - NYSE:SPGI - US78409V1044 - Common Stock

533.61 USD
-6.19 (-1.15%)
Last: 1/23/2026, 8:04:00 PM
533.61 USD
0 (0%)
After Hours: 1/23/2026, 8:04:00 PM
Fundamental Rating

5

Taking everything into account, SPGI scores 5 out of 10 in our fundamental rating. SPGI was compared to 238 industry peers in the Capital Markets industry. While SPGI has a great profitability rating, there are some minor concerns on its financial health. SPGI is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • SPGI had positive earnings in the past year.
  • SPGI had a positive operating cash flow in the past year.
  • Each year in the past 5 years SPGI has been profitable.
  • In the past 5 years SPGI always reported a positive cash flow from operatings.
SPGI Yearly Net Income VS EBIT VS OCF VS FCFSPGI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B 5B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 7.06%, SPGI is in the better half of the industry, outperforming 79.41% of the companies in the same industry.
  • SPGI's Return On Equity of 12.69% is fine compared to the rest of the industry. SPGI outperforms 71.01% of its industry peers.
  • The Return On Invested Capital of SPGI (9.20%) is better than 84.45% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for SPGI is in line with the industry average of 7.27%.
  • The last Return On Invested Capital (9.20%) for SPGI is above the 3 year average (7.04%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 7.06%
ROE 12.69%
ROIC 9.2%
ROA(3y)5.33%
ROA(5y)10.95%
ROE(3y)9.41%
ROE(5y)127.31%
ROIC(3y)7.04%
ROIC(5y)17.3%
SPGI Yearly ROA, ROE, ROICSPGI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 100 200 300 400

1.3 Margins

  • SPGI has a better Profit Margin (28.10%) than 71.01% of its industry peers.
  • SPGI's Profit Margin has declined in the last couple of years.
  • SPGI has a Operating Margin of 42.03%. This is in the better half of the industry: SPGI outperforms 76.47% of its industry peers.
  • SPGI's Operating Margin has declined in the last couple of years.
  • SPGI's Gross Margin of 62.66% is fine compared to the rest of the industry. SPGI outperforms 70.17% of its industry peers.
  • In the last couple of years the Gross Margin of SPGI has remained more or less at the same level.
Industry RankSector Rank
OM 42.03%
PM (TTM) 28.1%
GM 62.66%
OM growth 3Y-9.24%
OM growth 5Y-3.73%
PM growth 3Y-9.39%
PM growth 5Y-3.07%
GM growth 3Y-2.06%
GM growth 5Y-1.12%
SPGI Yearly Profit, Operating, Gross MarginsSPGI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

4

2. Health

2.1 Basic Checks

  • SPGI has less shares outstanding than it did 1 year ago.
  • The number of shares outstanding for SPGI has been increased compared to 5 years ago.
  • SPGI has about the same debt/assets ratio as last year.
SPGI Yearly Shares OutstandingSPGI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M
SPGI Yearly Total Debt VS Total AssetsSPGI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 20B 40B 60B

2.2 Solvency

  • The Debt to FCF ratio of SPGI is 2.08, which is a good value as it means it would take SPGI, 2.08 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 2.08, SPGI belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
  • SPGI has a Debt/Equity ratio of 0.34. This is a healthy value indicating a solid balance between debt and equity.
  • SPGI's Debt to Equity ratio of 0.34 is fine compared to the rest of the industry. SPGI outperforms 71.01% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.34
Debt/FCF 2.08
Altman-Z N/A
ROIC/WACCN/A
WACCN/A
SPGI Yearly LT Debt VS Equity VS FCFSPGI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B

2.3 Liquidity

  • SPGI has a Current Ratio of 0.97. This is a bad value and indicates that SPGI is not financially healthy enough and could expect problems in meeting its short term obligations.
  • With a Current ratio value of 0.97, SPGI perfoms like the industry average, outperforming 42.02% of the companies in the same industry.
  • A Quick Ratio of 0.97 indicates that SPGI may have some problems paying its short term obligations.
  • SPGI has a Quick ratio of 0.97. This is comparable to the rest of the industry: SPGI outperforms 42.44% of its industry peers.
Industry RankSector Rank
Current Ratio 0.97
Quick Ratio 0.97
SPGI Yearly Current Assets VS Current LiabilitesSPGI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B

5

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an nice 14.80% over the past year.
  • The Earnings Per Share has been growing by 10.51% on average over the past years. This is quite good.
  • Looking at the last year, SPGI shows a quite strong growth in Revenue. The Revenue has grown by 9.04% in the last year.
  • Measured over the past years, SPGI shows a quite strong growth in Revenue. The Revenue has been growing by 16.23% on average per year.
EPS 1Y (TTM)14.8%
EPS 3Y4.67%
EPS 5Y10.51%
EPS Q2Q%21.59%
Revenue 1Y (TTM)9.04%
Revenue growth 3Y19.64%
Revenue growth 5Y16.23%
Sales Q2Q%8.76%

3.2 Future

  • Based on estimates for the next years, SPGI will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.15% on average per year.
  • Based on estimates for the next years, SPGI will show a small growth in Revenue. The Revenue will grow by 7.21% on average per year.
EPS Next Y15.63%
EPS Next 2Y13.48%
EPS Next 3Y12.91%
EPS Next 5Y12.15%
Revenue Next Year8.56%
Revenue Next 2Y8%
Revenue Next 3Y7.77%
Revenue Next 5Y7.21%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
SPGI Yearly Revenue VS EstimatesSPGI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 5B 10B 15B 20B
SPGI Yearly EPS VS EstimatesSPGI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 5 10 15 20 25

2

4. Valuation

4.1 Price/Earnings Ratio

  • SPGI is valuated quite expensively with a Price/Earnings ratio of 30.84.
  • 74.79% of the companies in the same industry are cheaper than SPGI, based on the Price/Earnings ratio.
  • SPGI is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.21, which is the current average of the S&P500 Index.
  • SPGI is valuated quite expensively with a Price/Forward Earnings ratio of 26.38.
  • SPGI's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. SPGI is more expensive than 63.87% of the companies in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 24.26, SPGI is valued at the same level.
Industry RankSector Rank
PE 30.84
Fwd PE 26.38
SPGI Price Earnings VS Forward Price EarningsSPGI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, SPGI is valued a bit cheaper than 68.91% of the companies in the same industry.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as SPGI.
Industry RankSector Rank
P/FCF 29.59
EV/EBITDA 23.11
SPGI Per share dataSPGI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 50 -50 100

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates SPGI does not grow enough to justify the current Price/Earnings ratio.
  • SPGI has a very decent profitability rating, which may justify a higher PE ratio.
  • SPGI's earnings are expected to grow with 12.91% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.97
PEG (5Y)2.93
EPS Next 2Y13.48%
EPS Next 3Y12.91%

5

5. Dividend

5.1 Amount

  • With a yearly dividend of 0.71%, SPGI is not a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 6.10, SPGI is paying slightly less dividend.
  • Compared to an average S&P500 Dividend Yield of 1.82, SPGI's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.71%

5.2 History

  • The dividend of SPGI is nicely growing with an annual growth rate of 9.40%!
  • SPGI has paid a dividend for at least 10 years, which is a reliable track record.
  • SPGI has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)9.4%
Div Incr Years34
Div Non Decr Years34
SPGI Yearly Dividends per shareSPGI Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1 2 3

5.3 Sustainability

  • SPGI pays out 27.50% of its income as dividend. This is a sustainable payout ratio.
  • The dividend of SPGI is growing, but earnings are growing more, so the dividend growth is sustainable.
DP27.5%
EPS Next 2Y13.48%
EPS Next 3Y12.91%
SPGI Yearly Income VS Free CF VS DividendSPGI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B 5B
SPGI Dividend Payout.SPGI Dividend Payout, showing the Payout Ratio.SPGI Dividend Payout.PayoutRetained Earnings

S&P GLOBAL INC / SPGI FAQ

Can you provide the ChartMill fundamental rating for S&P GLOBAL INC?

ChartMill assigns a fundamental rating of 5 / 10 to SPGI.


What is the valuation status for SPGI stock?

ChartMill assigns a valuation rating of 2 / 10 to S&P GLOBAL INC (SPGI). This can be considered as Overvalued.


What is the profitability of SPGI stock?

S&P GLOBAL INC (SPGI) has a profitability rating of 7 / 10.


What is the expected EPS growth for S&P GLOBAL INC (SPGI) stock?

The Earnings per Share (EPS) of S&P GLOBAL INC (SPGI) is expected to grow by 15.63% in the next year.


Is the dividend of S&P GLOBAL INC sustainable?

The dividend rating of S&P GLOBAL INC (SPGI) is 5 / 10 and the dividend payout ratio is 27.5%.