S&P Global (SPGI) Change in Taxes (2009 - 2026)
S&P Global posted quarterly Change in Taxes of $314.0 million for Q1 2026, up 39.56% year-on-year from $225.0 million in Q1 2025, and up 2142.86% on a QoQ basis from $14.0 million in Q4 2025.
S&P Global (SPGI) has 18 years of Change in Taxes data on file, last reported at $314.0 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Taxes rose 39.56% year-over-year to $314.0 million; the trailing twelve-month figure through Mar 2026 stood at $189.0 million (down 16.0% YoY), and the FY2025 full-year result was $100.0 million, down 47.92% from the prior year.
- Change in Taxes for Q1 2026 stood at $314.0 million, 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.
- The 5-year median for Change in Taxes is $14.0 million (2025), against an average of $17.4 million.
- The widest annual swing landed in 2024, when Change in Taxes jumped 219.67%; it then slumped 555.1% in 2025.
- A 5-year view of Change in Taxes shows it stood at -$43.0 million in 2022, then sank by 451.16% to -$237.0 million in 2023, then surged by 48.52% to -$122.0 million in 2024, then soared by 111.48% to $14.0 million in 2025, then surged by 2142.86% to $314.0 million in 2026.
- The last three Change in Taxes figures came in at $314.0 million (Q1 2026), $14.0 million (Q4 2025), and $84.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | 314.00 Mn |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | 327.60 Mn |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | - |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | - |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | - |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | - |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | -17.80 Mn |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 200,000.00 |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | - |
| 10 | Factset Research Systems | 9.06 Bn | 8.78 Bn | 314.28 Mn | -13.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2023 | -61.00 Mn |
| Sep 30, 2023 | -61.00 Mn |
| Jun 30, 2023 | -46.00 Mn |
| Jun 30, 2023 | -46.00 Mn |
| Mar 31, 2023 | 169.00 Mn |
| Mar 31, 2023 | 169.00 Mn |
| Dec 31, 2022 | -43.00 Mn |
| Dec 31, 2022 | -43.00 Mn |
| Sep 30, 2022 | -182.00 Mn |
| Sep 30, 2022 | -182.00 Mn |
| Jun 30, 2022 | -342.00 Mn |
| Jun 30, 2022 | -342.00 Mn |
| Mar 31, 2022 | 432.00 Mn |
| Mar 31, 2022 | 432.00 Mn |
| Dec 31, 2021 | -103.00 Mn |
| Dec 31, 2021 | -103.00 Mn |
| Sep 30, 2021 | -33.00 Mn |
| Sep 30, 2021 | -33.00 Mn |
| Jun 30, 2021 | -72.00 Mn |
| Jun 30, 2021 | -72.00 Mn |
| Mar 31, 2021 | 172.00 Mn |
| Mar 31, 2021 | 172.00 Mn |
| Dec 31, 2020 | -30.00 Mn |
| Dec 31, 2020 | -30.00 Mn |
| Sep 30, 2020 | -219.00 Mn |
| Sep 30, 2020 | -219.00 Mn |
| Jun 30, 2020 | 122.00 Mn |
| Jun 30, 2020 | 122.00 Mn |
| Mar 31, 2020 | 125.00 Mn |
| Mar 31, 2020 | 125.00 Mn |
| Dec 31, 2019 | -81.00 Mn |
| Dec 31, 2019 | -81.00 Mn |
| Sep 30, 2019 | 25.00 Mn |
| Sep 30, 2019 | 25.00 Mn |
| Jun 30, 2019 | -42.00 Mn |
| Jun 30, 2019 | -42.00 Mn |
| Mar 31, 2019 | 57.00 Mn |
| Mar 31, 2019 | 57.00 Mn |
| Dec 31, 2018 | -69.00 Mn |
| Dec 31, 2018 | -69.00 Mn |
| Sep 30, 2018 | 38.00 Mn |
| Sep 30, 2018 | 38.00 Mn |
| Jun 30, 2018 | -50.00 Mn |
| Jun 30, 2018 | -50.00 Mn |
| Mar 31, 2018 | 74.00 Mn |
| Mar 31, 2018 | 74.00 Mn |
| Dec 31, 2017 | 74.00 Mn |
| Dec 31, 2017 | 74.00 Mn |
| Sep 30, 2017 | 3.00 Mn |
| Sep 30, 2017 | 3.00 Mn |
| Jun 30, 2017 | -191.00 Mn |
| Jun 30, 2017 | -191.00 Mn |
| Mar 31, 2017 | 146.00 Mn |
| Mar 31, 2017 | 146.00 Mn |
| Dec 31, 2016 | -209.00 Mn |
| Dec 31, 2016 | -209.00 Mn |
| Sep 30, 2016 | 291.00 Mn |
| Sep 30, 2016 | 291.00 Mn |
| Jun 30, 2016 | -13.00 Mn |
| Jun 30, 2016 | -13.00 Mn |
| Mar 31, 2016 | 105.00 Mn |
| Mar 31, 2016 | 105.00 Mn |
| Dec 31, 2015 | -11.00 Mn |
| Dec 31, 2015 | -11.00 Mn |
| Sep 30, 2015 | 21.00 Mn |
| Sep 30, 2015 | 21.00 Mn |
| Jun 30, 2015 | 31.00 Mn |
| Jun 30, 2015 | 31.00 Mn |
| Mar 31, 2015 | 88.00 Mn |
| Mar 31, 2015 | 88.00 Mn |
| Dec 31, 2014 | -186.00 Mn |
| Dec 31, 2014 | -186.00 Mn |
| Sep 30, 2014 | -18.00 Mn |
| Sep 30, 2014 | -18.00 Mn |
| Jun 30, 2014 | 16.00 Mn |
| Jun 30, 2014 | 16.00 Mn |
| Mar 31, 2014 | 95.00 Mn |
| Mar 31, 2014 | 95.00 Mn |
| Dec 31, 2013 | -117.00 Mn |
| Dec 31, 2013 | -117.00 Mn |
| Sep 30, 2013 | 45.00 Mn |
| Sep 30, 2013 | 45.00 Mn |
| Jun 30, 2013 | -18.00 Mn |
| Jun 30, 2013 | -18.00 Mn |
| Mar 31, 2013 | -148.00 Mn |
| Mar 31, 2013 | -148.00 Mn |
| Dec 31, 2012 | 4.00 Mn |
| Dec 31, 2012 | 4.00 Mn |
| Sep 30, 2012 | 21.00 Mn |
| Sep 30, 2012 | 21.00 Mn |
| Jun 30, 2012 | 41.00 Mn |
| Jun 30, 2012 | 41.00 Mn |
| Mar 31, 2012 | 53.00 Mn |
| Mar 31, 2012 | 53.00 Mn |
| Dec 31, 2011 | -233.00 Mn |
| Dec 31, 2011 | -233.00 Mn |
| Sep 30, 2011 | 188.00 Mn |
| Sep 30, 2011 | 188.00 Mn |
| Jun 30, 2011 | 49.00 Mn |
| Jun 30, 2011 | 49.00 Mn |
| Mar 31, 2011 | 51.00 Mn |
| Mar 31, 2011 | 51.00 Mn |
| Dec 31, 2010 | -228.50 Mn |
| Dec 31, 2010 | -228.50 Mn |
| Sep 30, 2010 | 120.00 Mn |
| Sep 30, 2010 | 120.00 Mn |
| Jun 30, 2010 | 49.20 Mn |
| Jun 30, 2010 | 49.20 Mn |
| Mar 31, 2010 | 12.30 Mn |
| Mar 31, 2010 | 12.30 Mn |
| Dec 31, 2009 | -179.62 Mn |
| Dec 31, 2009 | -179.62 Mn |
| Sep 30, 2009 | 93.70 Mn |
| Sep 30, 2009 | 93.70 Mn |
| Jun 30, 2009 | 66.32 Mn |
| Jun 30, 2009 | 66.32 Mn |
| Mar 31, 2009 | 1.61 Mn |
| Mar 31, 2009 | 1.61 Mn |