S&P Global (SPGI) Change in Taxes (2009 - 2026)

S&P Global (SPGI) posted Change in Taxes of $314.0 million for Q1 2026, up 2142.86% on a QoQ basis from $14.0 million in Q4 2025, and up 39.56% year-over-year from $225.0 million in Q1 2025.

S&P Global (SPGI) Change in Taxes (2009 - 2026) Analysis & Trends

S&P Global's Change in Taxes history runs 18 years deep, the most recent figure standing at $314.0 million for Q1 2026.

  • Quarterly Change in Taxes rose 39.56% year-over-year to $314.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $189.0 million (down 16.0% YoY) and the FY2025 annual result came in at $100.0 million, down 47.92% from the prior year.
  • Change in Taxes was $314.0 million for Q1 2026 at S&P Global, up from $14.0 million in the prior quarter.
  • Across five years, Change in Taxes topped out at $432.0 million in Q1 2022 and bottomed at -$342.0 million in Q2 2022.
  • A 5-year average of $17.4 million and a median of $14.0 million in 2025 frame the typical range for Change in Taxes.
  • Annual changes were most pronounced in 2024 — Change in Taxes jumped 219.67% — and 2025, when it tumbled 555.1%.
  • S&P Global's Change in Taxes stood at -$43.0 million in 2022, then plunged by 451.16% to -$237.0 million in 2023, then soared by 48.52% to -$122.0 million in 2024, then jumped by 111.48% to $14.0 million in 2025, then soared by 2142.86% to $314.0 million in 2026.
  • Business Quant data shows SPGI's Change in Taxes at $314.0 million in Q1 2026, $14.0 million in Q4 2025, and $84.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Bit Origin 1,110.84 Bn 1,110.84 Bn - -
2 S&P Global 130.72 Bn 128.91 Bn 2.94 Bn 314.00 Mn
3 Cme 92.16 Bn 92.16 Bn 1.65 Bn -368.00 Mn
4 Moodys 84.72 Bn 83.22 Bn 1.67 Bn 6.00 Mn
5 Intercontinental Exchange 84.12 Bn 82.38 Bn - -
6 Nasdaq 53.10 Bn 52.38 Bn 1.50 Bn -
7 Coinbase Global 44.25 Bn 33.81 Bn 1.33 Bn -
8 Msci 41.65 Bn 41.29 Bn 717.10 Mn -16.40 Mn
9 Cboe Global Markets 30.13 Bn 27.96 Bn 728.90 Mn 200,000.00
10 TransUnion 14.77 Bn 14.04 Bn 726.20 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 314.00 Mn
Mar 31, 2026 314.00 Mn
Dec 31, 2025 14.00 Mn
Dec 31, 2025 14.00 Mn
Sep 30, 2025 84.00 Mn
Sep 30, 2025 84.00 Mn
Jun 30, 2025 -223.00 Mn
Jun 30, 2025 -223.00 Mn
Mar 31, 2025 225.00 Mn
Mar 31, 2025 225.00 Mn
Dec 31, 2024 -122.00 Mn
Dec 31, 2024 -122.00 Mn
Sep 30, 2024 73.00 Mn
Sep 30, 2024 73.00 Mn
Jun 30, 2024 49.00 Mn
Jun 30, 2024 49.00 Mn
Mar 31, 2024 192.00 Mn
Mar 31, 2024 192.00 Mn
Dec 31, 2023 -237.00 Mn
Dec 31, 2023 -237.00 Mn