S&P Global (SPGI) Asset Utilization Ratio (2009 - 2026)
S&P Global's (SPGI) Asset Utilization Ratio stood at 0.26 in Q2 2026, up 6.6% from 0.24 a year earlier and up 1.1% from the prior quarter.
Analysis
S&P Global (SPGI) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
For FY2025, S&P Global's Asset Utilization Ratio came in at 0.25, up 7.4% from FY2024.
- Across earlier years, Asset Utilization Ratio came in at 0.24 in FY2024 (+15.2%), 0.20 in FY2023 (-29.8%), 0.29 in FY2022 (-51.6%) and 0.60 in FY2021 (-3.4%).
- The Q2 2026 figure is the highest quarterly Asset Utilization Ratio since Q4 2021.
- On a year-over-year basis, Asset Utilization Ratio has increased for 13 consecutive quarters, with growth averaging 10.4% over the last eight quarters.
- Peak year-over-year performance for Asset Utilization Ratio in the last five years was growth of 34.1% in Q2 2023, against a decline of 75.5% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.26 (Q1 2026), 0.25 (Q4 2025) and 0.25 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 130.92 Bn | 121.51 Bn | 2.98 Bn | 0.26 |
| 2 | Moodys | 83.50 Bn | 75.78 Bn | 1.67 Bn | 0.55 |
| 3 | Msci | 43.53 Bn | 42.01 Bn | 739.80 Mn | 0.61 |
| 4 | Verisk Analytics | 25.14 Bn | 19.78 Bn | 572.90 Mn | 0.69 |
| 5 | Equifax | 20.60 Bn | 19.88 Bn | 940.10 Mn | 0.55 |
| 6 | TransUnion | 15.19 Bn | 12.02 Bn | - | 0.40 |
| 7 | Factset Research Systems | 11.67 Bn | 10.52 Bn | 308.40 Mn | 0.59 |
| 8 | Morningstar | 8.10 Bn | 6.00 Bn | 423.90 Mn | 0.65 |
| 9 | Mastercard | 548.82 Bn | 508.75 Bn | - | 0.64 |
| 10 | Cme | 106.61 Bn | 94.70 Bn | - | 0.03 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.26 |
| Mar 31, 2026 | 0.26 |
| Dec 31, 2025 | 0.25 |
| Sep 30, 2025 | 0.25 |
| Jun 30, 2025 | 0.24 |
| Mar 31, 2025 | 0.24 |
| Dec 31, 2024 | 0.24 |
| Sep 30, 2024 | 0.23 |
| Jun 30, 2024 | 0.22 |
| Mar 31, 2024 | 0.21 |
| Dec 31, 2023 | 0.21 |
| Sep 30, 2023 | 0.20 |
| Jun 30, 2023 | 0.20 |
| Mar 31, 2023 | 0.19 |
| Dec 31, 2022 | 0.18 |
| Sep 30, 2022 | 0.16 |
| Jun 30, 2022 | 0.15 |
| Mar 31, 2022 | 0.21 |
| Dec 31, 2021 | 0.57 |
| Sep 30, 2021 | 0.59 |
API Access
S&P Global Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=SPGI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "SPGI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=SPGI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();