S&P Global Inc. (SPGI) Financial Statements
Historical financial data — 42 statements covering FY2016–FY2025
S&P Global provides data and benchmarks to capital and commodity market participants. Its ratings business is the largest credit rating agency in the world and S&P's largest segment by profitabilit...
S&P Global Inc.'s revenue increased 7.9% year over year, from $14.21B to $15.34B.
Net income increased 16.1% over the same period, from $3.85B to $4.47B.
Over the 9-year period from FY2016 to FY2025, revenue grew by 171% in total.
Total debt increased by 14.8% to $13.09B.
The debt-to-equity ratio stands at 0.42, indicating a moderate leverage profile.
Operating cash flow declined 0.7% to $5.65B.
S&P Global Inc. maintains a strong net profit margin of 29.2%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $3.58B+0.8% | $970.0M | $2.50B | $1.43B | $1.45B | $60.37B | $11.40B | $33.99B |
| Q4 FY2024 | $3.59B+0.4% | $880.0M | $2.48B | $1.31B | $1.74B | $60.22B | $11.40B | $33.16B |
| Q1 FY2025 | $3.78B+5.2% | $1.09B | $2.62B | $1.58B | $953.0M | $59.89B | $11.39B | $33.37B |
| Q2 FY2025 | $3.75B-0.6% | $1.07B | $2.64B | $1.55B | $1.45B | $60.40B | $11.39B | $33.39B |
| Q3 FY2025 | $3.89B+3.5% | $1.18B | $2.77B | $1.68B | $1.50B | $59.75B | $11.38B | $33.13B |
| Q4 FY2025 | $3.92B+0.7% | $1.13B | $2.75B | $1.67B | $1.75B | $61.20B | $13.09B | $31.13B |
| Q1 FY2026 | $4.17B+6.5% | $1.40B | $2.94B | $2.00B | $1.04B | N/A | N/A | N/A |
| Q2 FY2026 | $4.15B-0.6% | $1.22B | $2.98B | $1.81B | $1.44B | N/A | N/A | N/A |
Balance Sheet Summary (FY2025)
S&P Global Inc. (SPGI) Financial Statements & Revenue History
S&P Global Inc. (SPGI) is a US-listed stock operating in the Financial Services sector, specifically the Services-Consumer Credit Reporting, Collection Agencies industry trading at $425.00 with a market capitalization of $125. This page provides 42 historical financial statements for S&P Global Inc., including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, S&P Global Inc. reported revenue of $15.3 billion, representing 7.9% year-over-year growth. The net profit margin of 29.2% reflects strong profitability. The debt-to-equity ratio of 0.42 shows conservative leverage.
SPGI Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows S&P Global Inc.'s revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether SPGI is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track SPGI's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently S&P Global Inc. converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of SPGI's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use SPGI Financial Data
Investors use S&P Global Inc.'s financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare SPGI's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how SPGI's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View SPGI's financial health score, earnings, and pre-market pricing.
Financial data is sourced from S&P Global Inc.'s SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.SPGI trades on NYSE. This page is for informational purposes only and is not financial advice.

