SPGI vs. TROW: S&P Global vs. T. Rowe Price Stock Comparison
How do S&P Global (SPGI) and T. Rowe Price (TROW) 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
S&P Global (SPGI) and T. Rowe Price (TROW) both belong to the Capital Markets industry, though SPGI is classified under Financial Exchanges & Data while TROW falls under Asset Management & Custody Banks.
| Profile Item | SPGI | TROW |
|---|---|---|
| Name | S&P Global Inc. | T. Rowe Price Group Inc. |
| Country/Region | United States | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Financial Services | Financial Services |
| GICS Industry | Capital Markets | Capital Markets |
| GICS Sub-Industry | Financial Exchanges & Data | Asset Management & Custody Banks |
| Market Capitalization | 135.62 billion USD | 23.13 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | February 21, 1973 | April 2, 1986 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | SPGI | TROW |
|---|---|---|
| Total Return (1Y) | 1.66% | 14.59% |
| Total Return (3Y, Annualized) | 9.75% | 11.26% |
| Total Return (5Y, Annualized) | 2.47% | -8.60% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | SPGI | TROW |
|---|---|---|
| Volatility (1Y, Annualized) | 31.02% | 24.99% |
| Beta (5Y) | 1.02 | 1.39 |
| Max Drawdown (5Y) | -39.76% | -57.57% |
| Avg. Volume (3M) | 1.86M | 1.72M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | SPGI | TROW |
|---|---|---|
| Sharpe Ratio (1Y) | -0.08 | 0.41 |
| Sortino Ratio (1Y) | -0.11 | 0.58 |
Profitability
ROE (TTM)
Both S&P Global (SPGI) at 17.88% and T. Rowe Price (TROW) at 18.20% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
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%
TROW
Financial Services industry group
18.20%
- Max
- 44.78%
- Q3
- 21.85%
- TROW
- 18.20%
- Median
- 12.91%
- Q1
- 4.48%
- Min
- -18.71%
Net Margin (TTM)
For every dollar of sales, both S&P Global (SPGI) at 30.60% and T. Rowe Price (TROW) at 28.40% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
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%
TROW
Financial Services industry group
28.40%
- Max
- 62.84%
- TROW
- 28.40%
- Q3
- 28.05%
- Median
- 15.36%
- Q1
- 4.82%
- Min
- -28.52%
Operating Margin (TTM)
Both S&P Global (SPGI) at 48.21% and T. Rowe Price (TROW) at 38.60% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
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%
TROW
Financial Services industry group
38.60%
- Max
- 107.33%
- Q3
- 55.90%
- TROW
- 38.60%
- Median
- 30.09%
- Q1
- 14.60%
- Min
- -44.34%
Profitability Metrics
| Metric | SPGI | TROW |
|---|---|---|
| ROE (TTM) | 17.88% | 18.20% |
| ROA (TTM) | 8.33% | 10.67% |
| Net Margin (TTM) | 30.60% | 28.40% |
| Operating Margin (TTM) | 48.21% | 38.60% |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Both S&P Global (SPGI) at 7.94% and T. Rowe Price (TROW) at 3.12% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both S&P Global (SPGI) at 18.70% and T. Rowe Price (TROW) at 0.98% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | SPGI | TROW |
|---|---|---|
| Revenue Growth (YoY) | 7.94% | 3.12% |
| Revenue Growth (3Y CAGR) | 11.11% | 4.08% |
| EPS Growth (YoY) | 18.70% | 0.98% |
| EPS Growth (3Y CAGR) | 12.85% | 11.31% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: S&P Global (SPGI) in Financial Services and T. Rowe Price (TROW) 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: S&P Global (SPGI) in Financial Services and T. Rowe Price (TROW) 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 | SPGI | TROW |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
T. Rowe Price (TROW) at 4.76% delivers top-quartile income for its industry, while S&P Global (SPGI) at 0.82% pays a more typical yield — both are credible income propositions, TROW the richer one.
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%
TROW
Financial Services industry group
4.76%
- Max
- 9.77%
- TROW
- 4.76%
- Q3
- 3.92%
- Median
- 1.09%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both S&P Global (SPGI) at 22.06% and T. Rowe Price (TROW) at 52.33% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
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%
TROW
Financial Services industry group
52.33%
- Max
- 241.07%
- Q3
- 97.36%
- TROW
- 52.33%
- Median
- 25.77%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | SPGI | TROW |
|---|---|---|
| Dividend Yield (TTM) | 0.82% | 4.76% |
| Dividend Payout Ratio (TTM) | 22.06% | 52.33% |
Valuation
P/E Ratio (TTM)
T. Rowe Price (TROW) at 10.97 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.
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
TROW
Financial Services industry group
10.97
- Max
- 45.85
- Q3
- 24.64
- Median
- 15.37
- TROW
- 10.97
- Q1
- 9.68
- Min
- 0.16
P/S Ratio (TTM)
T. Rowe Price (TROW) at 3.00 is priced about in line with its industry on P/S ratio, while S&P Global (SPGI) at 8.32 sits in the pricier quartile — SPGI costs more per dollar of sales.
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
TROW
Financial Services industry group
3.00
- Max
- 9.23
- Q3
- 4.57
- TROW
- 3.00
- Median
- 2.72
- Q1
- 1.28
- Min
- -0.55
P/B Ratio (MRQ)
T. Rowe Price (TROW) at 2.03 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.
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
TROW
Financial Services industry group
2.03
- Max
- 7.79
- Q3
- 3.63
- TROW
- 2.03
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
Valuation Metrics
| Metric | SPGI | TROW |
|---|---|---|
| P/E Ratio (TTM) | 27.95 | 10.97 |
| P/S Ratio (TTM) | 8.32 | 3.00 |
| P/B Ratio (MRQ) | 6.88 | 2.03 |
| Free Cash Flow Yield (TTM) | -- | -- |