S&P Global (SPGI) Change in Taxes (2009 - 2026)
S&P Global (SPGI) reported Change in Taxes of -$306 million for Q2 2026, compared with -$223 million a year earlier.
S&P Global (SPGI) Change in Taxes (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, S&P Global's Change in Taxes came in at $106 million; for FY2025, it was $100 million, down 47.9% from FY2024.
- By year, Change in Taxes came in at $192 million in FY2024, -$175 million in FY2023, -$135 million in FY2022 and -$36 million in FY2021.
- The Q2 2026 figure ranks as the lowest quarterly Change in Taxes since Q2 2022.
- Per Business Quant data, the three quarters before Q2 2026 came in at $314 million (Q1 2026), $14 million (Q4 2025) and $84 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 133.88 Bn | 124.46 Bn | 2.98 Bn | -306.00 Mn |
| 2 | Moodys | 84.51 Bn | 77.44 Bn | 1.50 Bn | -3.00 Mn |
| 3 | Msci | 44.68 Bn | 43.16 Bn | 739.80 Mn | 13.20 Mn |
| 4 | Verisk Analytics | 26.54 Bn | 21.17 Bn | 572.90 Mn | -68.10 Mn |
| 5 | Equifax | 21.92 Bn | 21.19 Bn | 940.10 Mn | - |
| 6 | TransUnion | 16.07 Bn | 12.89 Bn | - | - |
| 7 | Factset Research Systems | 12.30 Bn | 11.15 Bn | 308.40 Mn | 31.24 Mn |
| 8 | Morningstar | 8.46 Bn | 6.36 Bn | 423.90 Mn | -25.10 Mn |
| 9 | Mastercard | 557.08 Bn | 517.01 Bn | - | - |
| 10 | Cme | 110.43 Bn | 98.52 Bn | - | -368.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -306.00 Mn |
| Mar 31, 2026 | 314.00 Mn |
| Dec 31, 2025 | 14.00 Mn |
| Sep 30, 2025 | 84.00 Mn |
| Jun 30, 2025 | -223.00 Mn |
| Mar 31, 2025 | 225.00 Mn |
| Dec 31, 2024 | -122.00 Mn |
| Sep 30, 2024 | 73.00 Mn |
| Jun 30, 2024 | 49.00 Mn |
| Mar 31, 2024 | 192.00 Mn |
| Dec 31, 2023 | -237.00 Mn |
| Sep 30, 2023 | -61.00 Mn |
| Jun 30, 2023 | -46.00 Mn |
| Mar 31, 2023 | 169.00 Mn |
| Dec 31, 2022 | -43.00 Mn |
| Sep 30, 2022 | -182.00 Mn |
| Jun 30, 2022 | -342.00 Mn |
| Mar 31, 2022 | 432.00 Mn |
| Dec 31, 2021 | -103.00 Mn |
| Sep 30, 2021 | -33.00 Mn |
S&P Global Change in Taxes 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=change-in-taxes&ticker=SPGI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-taxes", "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=change-in-taxes&ticker=SPGI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();