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SPGI
S&P Global Inc.
NYSE· Financial Services· Financial Data & Stock Exchanges· CUSIP 78409V104
$453.10+2.24%Price as of Oct 23, 00:41 UTC · updated once a day, after the close
At a glance
S&P Global Inc. (SPGI) is listed on NYSE and classified in Financial Data & Stock Exchanges, part of the Financial Services sector. It is headquartered in New York, United States and has 44,500 employees. The company is worth $133.57B and trades at 27.6x its earnings of the last twelve months; the median for its sector is 13.2x. Revenue was $15.34B in fiscal 2025, up 7.9% from the year before. Net income was $4.47B. The share price is 13.3% below its 52-week high of $522.47. It pays a dividend yielding 0.86%, and has raised its annual dividend for 20 years in a row in our records. 13 of the 38 superinvestors we track held it at the end of Q3 2026. The largest position belongs to Chris Hohn (TCI Fund Management), at $5.74B. In that quarter, 10 of them opened or added to the position and 2 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Analysis
Articles on this site that cover S&P Global Inc..
- Li Lu’s Himalaya Capital in Q2 2026: seven stocks, PDD more than doubled, six positions soldPublished Oct 16, 2026
- Chris Hohn’s TCI in Q2 2026: GE Aerospace is a third of $53 billion, two new materials stocks, Microsoft gonePublished Oct 11, 2026
- S&P Global (SPGI) after the Mobility spin-off: a $5.7 billion TCI stake, Ackman’s new position, and $7 billion of buybacksPublished Oct 11, 2026
- Bill Ackman’s Pershing Square in Q2 2026: 14 stocks, three new payment and data names, and Alphabet soldPublished Oct 11, 2026
Key metrics
- Market cap
- $133.57B
- P/E
- 27.6x
- Forward P/E
- 22.5x
- P/B
- 4.2x
- Dividend yield
- 0.86%
- Payout
- 23.61%
- EPS
- $16.43
- ROE
- 14.26%
- Profit margin
- 30.54%
- Revenue growth
- +10.40%
- Beta
- 1.09
- 52-week high
- $522.47
- 52-week low
- $361.03
History
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Investors holding this
Major managers that reported this stock in their latest 13F.
Chris HohnAddedTCI Fund Management · Q2 2026$5.74B14.08M shares · 10.9% of portfolio
Bill AckmanNew positionPershing Square Capital Management · Q2 2026$1.06B2.59M shares · 5.4% of portfolio- Cliff AsnessAddedAQR Capital Management · Q2 2026$568.47M1.4M shares · 0.2% of portfolio
Ken GriffinAddedCitadel Advisors · Q2 2026$454.51M1.12M shares · 0.3% of portfolio- John ArmitageAddedEgerton Capital · Q3 2026$311.77M790.36K shares · 3.2% of portfolio
- Israel EnglanderReducedMillennium Management · Q2 2026$286.14M702.59K shares · 0.2% of portfolio
- Two SigmaAddedTwo Sigma Investments · Q2 2026$198.93M488.47K shares · 0.2% of portfolio
- Renaissance TechnologiesNew positionRenaissance Technologies · Q2 2026$87.75M215.46K shares · 0.1% of portfolio
- Tom GaynerHeldMarkel Group · Q2 2026$47.93M117.69K shares · 0.4% of portfolio
George SorosAddedSoros Fund Management · Q2 2026$41.07M100.83K shares · 0.7% of portfolio
Ray DalioAddedBridgewater Associates · Q2 2026$38.69M95.01K shares · 0.2% of portfolio- Steve CohenNew positionPoint72 Asset Management · Q2 2026$17.72M43.51K shares · 0.0% of portfolio
- Baillie GiffordReducedBaillie Gifford & Co · Q2 2026$8.71M21.4K shares · 0.0% of portfolio
Price over time
▼ -0.4% over 5Y.
today you would have $999.18▼ -0.1%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
Indicators, year by year
The last 19 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $494.41 | $471.17 | $416.76 | $316.88 | $446.48 | $311.00 | $258.33 | $160.78 | $160.26 | $101.74 | $93.26 | $84.18 | $73.98 | $51.72 | $42.54 | $34.45 | $31.70 | $21.94 | $41.45 | |
| P/E | 26.4x | 35.6x | 40.3x | 53.5x | 32.8x | 37.7x | 34.0x | 31.7x | 22.0x | 29.3x | 13.5x | 23.4x | — | 15.9x | 35.7x | 15.0x | 13.7x | 14.4x | 9.2x | 14.9x |
| P/S | 4.9x | 10.2x | 10.8x | 11.1x | 9.6x | 13.7x | 10.6x | 9.9x | 6.8x | 7.1x | 4.9x | 4.9x | 4.8x | 4.5x | 3.6x | 3.2x | 3.1x | 1.8x | 1.2x | 2.2x |
| P/B | 16.3x | 5.0x | 4.6x | 4.0x | 3.0x | 56.0x | 155.5x | 139.0x | 67.3x | 60.7x | 42.8x | 134.8x | 49.9x | 16.3x | 20.0x | 8.3x | 5.1x | 5.7x | 5.8x | 9.0x |
| EPS | $13.87 | $11.68 | $7.79 | $9.65 | $11.84 | $9.14 | $8.14 | $7.31 | $5.47 | $7.51 | $3.98 | -$0.40 | $4.65 | $1.45 | $2.84 | $2.51 | $2.20 | $2.37 | $2.78 | |
| Dividend yield | 1.34% | 0.73% | 0.73% | 0.82% | 0.99% | 0.65% | 0.82% | 0.84% | 1.18% | 0.97% | 1.34% | 1.34% | 1.35% | 1.43% | 6.44% | 2.22% | 2.58% | 2.69% | 3.79% | 1.87% |
| Payout | 28.92% | 26.19% | 29.47% | 43.74% | 32.55% | 24.62% | 27.74% | 26.51% | 25.87% | 28.37% | 18.14% | 31.35% | — | 22.81% | 230.07% | 33.33% | 35.47% | 38.63% | 35.06% | 27.89% |
| Profit margin | 24.67% | 29.15% | 27.11% | 21.01% | 29.05% | 36.45% | 31.43% | 31.69% | 31.29% | 24.67% | 37.20% | 21.76% | -2.28% | 29.26% | 10.23% | 23.04% | 22.75% | 12.45% | 12.58% | 14.97% |
| ROE | 60.41% | 14.36% | 11.62% | 7.68% | 8.93% | 148.82% | 459.53% | 443.22% | 311.78% | 211.00% | 324.00% | 595.88% | -23.57% | 105.76% | 56.98% | 60.41% | 37.45% | 39.57% | 62.35% | 60.41% |
Median of the years shown; P/E years above 200x are left out.
Fair price, seven ways
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Earnings
$198.75
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings
$157.02
Earnings growing 8.7% a year plus a 0.9% dividend yield. Growth capped at 25%.
Earnings
$216.14
Median P/E of 13.2 among peers in the sector.
Earnings
$433.12
Median P/E of 26.4 across this company’s own years on record.
Cash flow
$335.64
Cash flow growing 8.7% a year for 10 years, discounted at 10%, then 2.5% forever.
Operating
$264.87
Sector median of 12.4x operating profit, less net debt. Banks have no EBITDA.
Dividends
—
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
How the average is calculated
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
Earnings $251.26 (avg. of 4)+Cash flow $335.64+Operating $264.87÷ 3 =$283.92
$283.92
6 methods answered, across 3 families.
$212.94
Room for errors in the reported numbers.
$453.10
-37.3% from the average.
Models, not forecasts, and not investment advice. How each formula works →
Others in the same sector
Companies of similar size in Financial Services, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| PGRProgressive Corp | $229.62 | 11.2x | 3.9x | 6.05% | 33.24% | $133.27B |
| BBVABanco Bilbao Vizcaya Argentaria S.a | $25.03 | 11.8x | 2.2x | 4.31% | 18.92% | $137.66B |
| IBKRInteractive Brokers Group, Inc. | $82.28 | 31.4x | 6.0x | 0.43% | 23.67% | $140.19B |
| CBChubb Ltd | $363.95 | 12.8x | 1.9x | 1.12% | 14.25% | $140.41B |
| BXBlackstone Inc. | $118.75 | 26.6x | 10.5x | 4.40% | 31.37% | $141.94B |
| COFCapital One Financial Corp | $203.43 | 12.5x | 1.1x | 1.57% | 9.39% | $124.8B |
About the company
- 44,500
- New York, United States