NYSE: SPGI
S&P Global Inc.
Financial Services · Financial - Data & Stock Exchanges
Market Cap
$124.36B
52w High
$579.05
52w Low
$381.61
P/E
26.15
Volume
2.13M
Outstanding Shares
296.00M
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock fell 18.26% over the last year. Revenue grew 8.54% over the trailing twelve months. Operating margin moved from 39.83% to 43.88%. Free cash flow grew 0.09% over the trailing twelve months.
What the market seems to be pricing
Visible fundamentals weakened far less than the stock price, and the shares now sit around the 15th percentile of their historical P/FCF range. That looks more like a rerating of the multiple than a collapse in the business.
What would invalidate this read
This read changes if operating margin (currently 43.88%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.
Company profile
S&P Global Inc., together with its subsidiaries, provides credit ratings, benchmarks, analytics, and workflow solutions in the global capital, commodity, and automotive markets.
Valuation
Stock splits
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Analyst consensus
24
Buy
4
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Jul 30, 2026
Q3 FY26 · EPS est $4.92 · Revenue est $4.08B
View
Dividends
$3.86/shareQuarterlyDividend Achiever · 12yrSafeSPGI pays a dividend with a 0.92% dividend yield, 12 consecutive years of growth, growing at 6.03% annually, covered 4.7× by free cash flow.
Dividend Yield
0.92%
Annual Div / Share
$3.86
5yr CAGR
+6.03%
Doubles every ~11.8yr
Payout Ratio
24.35%
Safe
Dividend Growth Rate
3yr CAGR
+3.32%
5yr CAGR
+6.03%
10yr CAGR
+10.83%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$1/mo
In 5 yrs
$1/mo
In 10 yrs
$1/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$9/yr $1/mo | $12/yr+34% $1/mo | $17/yr+80% $1/mo |
Yield-on-cost grows from 0.92% → 1.65% over 10yr
Analysis
Dividend Strengths
Dividend Achiever
SPGI has raised its dividend for 12 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.
Well-covered by free cash flow
The dividend is covered 4.7× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Strong dividend growth rate
The 5-year CAGR of 6.03% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.