NMR vs. SPGI: Nomura vs. S&P Global Stock Comparison
How do Nomura (NMR) and S&P Global (SPGI) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Nomura (NMR) and S&P Global (SPGI) both belong to the Capital Markets industry, though NMR is classified under Investment Banking & Brokerage while SPGI falls under Financial Exchanges & Data.
S&P Global (SPGI) trades as ordinary local shares, while Nomura (NMR) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | NMR | SPGI |
|---|---|---|
| Name | Nomura Holdings, Inc. Sponsored ADR | S&P Global Inc. |
| Country/Region | Japan | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Financial Services | Financial Services |
| GICS Industry | Capital Markets | Capital Markets |
| GICS Sub-Industry | Investment Banking & Brokerage | Financial Exchanges & Data |
| Market Capitalization | 27.53 billion USD | 135.62 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | December 17, 2001 | February 21, 1973 |
| Security Type | ADR | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | NMR | SPGI |
|---|---|---|
| Total Return (1Y) | 35.42% | 1.66% |
| Total Return (3Y, Annualized) | 37.86% | 9.75% |
| Total Return (5Y, Annualized) | 18.78% | 2.47% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | NMR | SPGI |
|---|---|---|
| Volatility (1Y, Annualized) | 29.52% | 31.02% |
| Beta (5Y) | 0.79 | 1.02 |
| Max Drawdown (5Y) | -38.40% | -39.76% |
| Avg. Volume (3M) | 789.26K | 1.86M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | NMR | SPGI |
|---|---|---|
| Sharpe Ratio (1Y) | 1.06 | -0.08 |
| Sortino Ratio (1Y) | 1.55 | -0.11 |
Profitability
ROE (TTM)
Both Nomura (NMR) at 11.51% and S&P Global (SPGI) at 17.88% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
NMR
Financial Services industry group
11.51%
- Max
- 44.78%
- Q3
- 21.85%
- Median
- 12.91%
- NMR
- 11.51%
- Q1
- 4.48%
- Min
- -18.71%
SPGI
Financial Services industry group
17.88%
- Max
- 44.78%
- Q3
- 21.85%
- SPGI
- 17.88%
- Median
- 12.91%
- Q1
- 4.48%
- Min
- -18.71%
Net Margin (TTM)
S&P Global (SPGI) at 30.60% retains a top-quartile share of revenue as profit, ahead of Nomura (NMR) at 17.12%, which keeps about the industry-typical share.
NMR
Financial Services industry group
17.12%
- Max
- 62.84%
- Q3
- 28.05%
- NMR
- 17.12%
- Median
- 15.36%
- Q1
- 4.82%
- Min
- -28.52%
SPGI
Financial Services industry group
30.60%
- Max
- 62.84%
- SPGI
- 30.60%
- Q3
- 28.05%
- Median
- 15.36%
- Q1
- 4.82%
- Min
- -28.52%
Operating Margin (TTM)
Both Nomura (NMR) at 24.36% and S&P Global (SPGI) at 48.21% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
NMR
Financial Services industry group
24.36%
- Max
- 107.33%
- Q3
- 55.90%
- Median
- 30.09%
- NMR
- 24.36%
- Q1
- 14.60%
- Min
- -44.34%
SPGI
Financial Services industry group
48.21%
- Max
- 107.33%
- Q3
- 55.90%
- SPGI
- 48.21%
- Median
- 30.09%
- Q1
- 14.60%
- Min
- -44.34%
Profitability Metrics
| Metric | NMR | SPGI |
|---|---|---|
| ROE (TTM) | 11.51% | 17.88% |
| ROA (TTM) | 0.68% | 8.33% |
| Net Margin (TTM) | 17.12% | 30.60% |
| Operating Margin (TTM) | 24.36% | 48.21% |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Both Nomura (NMR) at 10.80% and S&P Global (SPGI) at 7.94% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Nomura (NMR) at 7.17% and S&P Global (SPGI) at 18.70% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | NMR | SPGI |
|---|---|---|
| Revenue Growth (YoY) | 10.80% | 7.94% |
| Revenue Growth (3Y CAGR) | 17.17% | 11.11% |
| EPS Growth (YoY) | 7.17% | 18.70% |
| EPS Growth (3Y CAGR) | 58.75% | 12.85% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Nomura (NMR) in Financial Services and S&P Global (SPGI) in Financial Services both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for both: Nomura (NMR) in Financial Services and S&P Global (SPGI) in Financial Services run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength Metrics
| Metric | NMR | SPGI |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
S&P Global (SPGI) at 0.82% pays an industry-typical yield; Nomura (NMR) at 620.40% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.
NMR
Financial Services industry group
620.40%
- NMR
- 620.40%
- Max
- 9.77%
- Q3
- 3.92%
- Median
- 1.09%
- Q1
- 0.00%
- Min
- 0.00%
SPGI
Financial Services industry group
0.82%
- Max
- 9.77%
- Q3
- 3.92%
- Median
- 1.09%
- SPGI
- 0.82%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Nomura (NMR) at 16.85% and S&P Global (SPGI) at 22.06% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
NMR
Financial Services industry group
16.85%
- Max
- 241.07%
- Q3
- 97.36%
- Median
- 25.77%
- NMR
- 16.85%
- Q1
- 0.00%
- Min
- 0.00%
SPGI
Financial Services industry group
22.06%
- Max
- 241.07%
- Q3
- 97.36%
- Median
- 25.77%
- SPGI
- 22.06%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | NMR | SPGI |
|---|---|---|
| Dividend Yield (TTM) | 620.40% | 0.82% |
| Dividend Payout Ratio (TTM) | 16.85% | 22.06% |
Valuation
P/E Ratio (TTM)
Nomura (NMR) at 10.83 is near its industry’s usual P/E ratio, while S&P Global (SPGI) at 27.95 sits in the richer quartile — SPGI needs stronger growth or earnings quality to justify the premium.
NMR
Financial Services industry group
10.83
- Max
- 45.85
- Q3
- 24.64
- Median
- 15.37
- NMR
- 10.83
- Q1
- 9.68
- Min
- 0.16
SPGI
Financial Services industry group
27.95
- Max
- 45.85
- SPGI
- 27.95
- Q3
- 24.64
- Median
- 15.37
- Q1
- 9.68
- Min
- 0.16
P/S Ratio (TTM)
Nomura (NMR) at 0.01 looks cheap on sales in the lower P/S ratio quartile, while S&P Global (SPGI) at 8.32 looks rich in the upper quartile — a clear gap in price per dollar of revenue.
NMR
Financial Services industry group
0.01
- Max
- 9.23
- Q3
- 4.57
- Median
- 2.72
- Q1
- 1.28
- NMR
- 0.01
- Min
- -0.55
SPGI
Financial Services industry group
8.32
- Max
- 9.23
- SPGI
- 8.32
- Q3
- 4.57
- Median
- 2.72
- Q1
- 1.28
- Min
- -0.55
P/B Ratio (MRQ)
Nomura (NMR) at 1.15 is valued about in line with its industry on P/B ratio, while S&P Global (SPGI) at 6.88 carries an above-peer premium to book — SPGI is pricier on assets.
NMR
Financial Services industry group
1.15
- Max
- 7.79
- Q3
- 3.63
- Median
- 1.57
- NMR
- 1.15
- Q1
- 0.81
- Min
- -0.39
SPGI
Financial Services industry group
6.88
- Max
- 7.79
- SPGI
- 6.88
- Q3
- 3.63
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
Valuation Metrics
| Metric | NMR | SPGI |
|---|---|---|
| P/E Ratio (TTM) | 10.83 | 27.95 |
| P/S Ratio (TTM) | 0.01 | 8.32 |
| P/B Ratio (MRQ) | 1.15 | 6.88 |
| Free Cash Flow Yield (TTM) | -- | -- |