S&P Global (SPGI) Stock Analysis

November 11, 2026

This is a peer-relative look at S&P Global (SPGI): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Financial Services peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for S&P Global (SPGI)
Profile Item	SPGI
Name	S&P Global Inc.
Country/Region	United States
GICS Sector	Financials
GICS Industry Group	Financial Services
GICS Industry	Capital Markets
GICS Sub-Industry	Financial Exchanges & Data
Market Capitalization	135.62 billion USD
Currency	USD
Exchange	NYSE
Listing Date	February 21, 1973
Security Type	Common Stock

Price Performance

Cumulative Growth

SPGI

GSPC

S&P Global (SPGI) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for S&P Global (SPGI) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for S&P Global (SPGI) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

S&P Global (SPGI) metric values compared with Financial Services industry-group medians
Metric	Current stock: SPGI	Industry group median
Total Return (1Y)	1.66%	1.90%
Total Return (3Y, Annualized)	9.75%	12.71%
Total Return (5Y, Annualized)	2.47%	2.81%

Risk Profile

Drawdown History

SPGI

GSPC

S&P Global (SPGI) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for S&P Global (SPGI) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

S&P Global (SPGI) metric values compared with Financial Services industry-group medians
Metric	Current stock: SPGI	Industry group median
Volatility (1Y, Annualized)	31.02%	36.24%
Beta (5Y)	1.02	1.04
Max Drawdown (5Y)	-39.76%	-48.56%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. SPGI is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

S&P Global (SPGI) metric values compared with Financial Services industry-group medians
Metric	Current stock: SPGI	Industry group median
Sharpe Ratio (1Y)	-0.08	-0.09
Sortino Ratio (1Y)	-0.11	-0.13

Profitability

ROE (TTM)

S&P Global (SPGI) posts ROE of 17.88%, roughly around the peer group’s normal range. Shareholders’ equity is producing a return that looks broadly typical for the industry.

SPGI

Financial Services industry group

17.88%

Group distribution

Max: 44.78%
Q3: 21.85%
SPGI: 17.88%
Median: 12.91%
Q1: 4.48%
Min: -18.71%

Largest peers

MA: 231.37%
V: 63.51%
MS: 18.04%
SPGI: 17.88%
GS: 17.71%
BRK.A: 12.12%
BRK.B: 12.12%

Where S&P Global (SPGI) stands on ROE within its Financial Services peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

S&P Global (SPGI) keeps 30.60% of revenue as net profit, putting net margin in the upper peer quartile. After operating costs, interest, and taxes, more of each sales dollar reaches shareholders than it does at most industry peers.

SPGI

Financial Services industry group

30.60%

Group distribution

Max: 62.84%
SPGI: 30.60%
Q3: 28.05%
Median: 15.36%
Q1: 4.82%
Min: -28.52%

Largest peers

V: 51.20%
MA: 46.73%
GS: 31.21%
SPGI: 30.60%
MS: 25.63%
BRK.A: 22.30%
BRK.B: 22.30%

Where S&P Global (SPGI) stands on net margin within its Financial Services peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

S&P Global (SPGI) turns 48.21% of revenue into operating profit, roughly in line with the peer group’s normal operating margin range. Its core cost structure looks typical for the industry.

SPGI

Financial Services industry group

48.21%

Group distribution

Max: 107.33%
Q3: 55.90%
SPGI: 48.21%
Median: 30.09%
Q1: 14.60%
Min: -44.34%

Largest peers

V: 63.73%
MA: 60.53%
SPGI: 48.21%
MS: 39.00%
GS: 38.37%
BRK.A: 32.56%
BRK.B: 32.56%

Where S&P Global (SPGI) stands on operating margin within its Financial Services peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

S&P Global (SPGI) metric values compared with Financial Services industry-group medians
Metric	Current stock: SPGI	Industry group median
ROE (TTM)	17.88%	12.91%
ROA (TTM)	8.33%	3.60%
Net Margin (TTM)	30.60%	15.36%
Operating Margin (TTM)	48.21%	30.09%
Gross Margin (TTM)	--	--

Growth

Revenue Growth

S&P Global (SPGI) grew revenue 7.94%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.

S&P Global (SPGI): Revenue Growth across different time periods, set against Financial Services industry-group medians.

EPS Growth

S&P Global (SPGI) grew earnings per share 18.70%, roughly around the peer group's normal range. Bottom-line momentum looks broadly typical for the industry.

S&P Global (SPGI): EPS Growth across different time periods, set against Financial Services industry-group medians.

Growth Metrics

S&P Global (SPGI) metric values compared with Financial Services industry-group medians
Metric	Current stock: SPGI	Industry group median
Revenue Growth (YoY)	7.94%	9.46%
Revenue Growth (3Y CAGR)	11.11%	10.90%
EPS Growth (YoY)	18.70%	7.46%
EPS Growth (3Y CAGR)	12.85%	13.04%

Financial Strength

Current Ratio (MRQ)

current ratio is set aside for S&P Global (SPGI) in Financial Services: these balance sheets are not best read through a current/non-current split, so regulatory, funding, or liquidity-coverage measures usually matter more.

Debt / Equity (MRQ)

debt-to-equity ratio is set aside for S&P Global (SPGI) in Financial Services: leverage is part of the business model itself, so capital adequacy, funding mix, and regulatory measures are usually better risk gauges.

Financial Strength Metrics

S&P Global (SPGI) metric values compared with Financial Services industry-group medians
Metric	Current stock: SPGI	Industry group median
Current Ratio (MRQ)	--	--
Debt / Equity (MRQ)	--	--
Net Debt / EBITDA	--	--

Dividends

Dividend Yield (TTM)

S&P Global (SPGI) has dividend yield of 0.82%, in the industry’s normal income range. It provides a meaningful dividend without the red flag of an unusually high headline yield.

SPGI

Financial Services industry group

0.82%

Group distribution

Max: 9.77%
Q3: 3.92%
Median: 1.09%
SPGI: 0.82%
Q1: 0.00%
Min: 0.00%

Largest peers

MS: 2.40%
GS: 2.07%
SPGI: 0.82%
V: 0.66%
MA: 0.53%
BRK.A: 0.00%
BRK.B: 0.00%

Where S&P Global (SPGI) stands on dividend yield within its Financial Services peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

S&P Global (SPGI) has payout ratio of 22.06%, within the industry’s typical payout band. The dividend shares profits with investors while leaving earnings coverage that looks normal for the peer group.

SPGI

Financial Services industry group

22.06%

Group distribution

Max: 241.07%
Q3: 97.36%
Median: 25.77%
SPGI: 22.06%
Q1: 0.00%
Min: 0.00%

Largest peers

MS: 32.91%
GS: 25.88%
SPGI: 22.06%
V: 21.75%
MA: 17.63%
BRK.A: 0.00%
BRK.B: 0.00%

Where S&P Global (SPGI) stands on payout ratio within its Financial Services peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

S&P Global (SPGI) metric values compared with Financial Services industry-group medians
Metric	Current stock: SPGI	Industry group median
Dividend Yield (TTM)	0.82%	1.09%
Dividend Payout Ratio (TTM)	22.06%	25.77%

Valuation

P/E Ratio (TTM)

S&P Global (SPGI) trades at P/E ratio of 27.95, in the richer earnings-multiple quartile for its industry. That premium needs support from growth, durable earnings, or stronger business quality.

SPGI

Financial Services industry group

27.95

Group distribution

Max: 45.85
SPGI: 27.95
Q3: 24.64
Median: 15.37
Q1: 9.68
Min: 0.16

Largest peers

V: 34.31
MA: 34.15
SPGI: 27.95
MS: 14.39
BRK.A: 14.36
BRK.B: 14.36
GS: 12.45

Where S&P Global (SPGI) stands on P/E ratio within its Financial Services peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

S&P Global (SPGI) trades at 8.32 on P/S ratio, in the higher sales-valuation quartile. Investors are paying up for each dollar of revenue, so stronger margins, growth, or revenue quality need to carry that price.

SPGI

Financial Services industry group

8.32

Group distribution

Max: 9.23
SPGI: 8.32
Q3: 4.57
Median: 2.72
Q1: 1.28
Min: -0.55

Largest peers

V: 17.18
MA: 15.67
SPGI: 8.32
MS: 3.55
GS: 3.52
BRK.A: 3.18
BRK.B: 3.18

Where S&P Global (SPGI) stands on P/S ratio within its Financial Services peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

S&P Global (SPGI) trades at 6.88 on P/B ratio, in the higher book-value quartile. The market is paying a premium to book, so stronger ROE, cleaner assets, or a better growth profile need to justify it.

SPGI

Financial Services industry group

6.88

Group distribution

Max: 7.79
SPGI: 6.88
Q3: 3.63
Median: 1.57
Q1: 0.81
Min: -0.39

Largest peers

MA: 84.30
V: 22.05
SPGI: 6.88
MS: 2.65
GS: 2.36
BRK.A: 1.72
BRK.B: 0.00

Where S&P Global (SPGI) stands on P/B ratio within its Financial Services peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

S&P Global (SPGI) metric values compared with Financial Services industry-group medians
Metric	Current stock: SPGI	Industry group median
P/E Ratio (TTM)	27.95	15.37
P/S Ratio (TTM)	8.32	2.72
P/B Ratio (MRQ)	6.88	1.57
Free Cash Flow Yield (TTM)	--	--