S&P Global (SPGI) Change in Taxes (2009 - 2026)
S&P Global (SPGI) reported Change in Taxes of $314.0 million for Q1 2026, up 39.56% on a YoY basis from $225.0 million in Q1 2025, and up 2142.86% quarter-over-quarter from $14.0 million in Q4 2025.
S&P Global (SPGI) Change in Taxes (2009 - 2026) Analysis & Trends
S&P Global has reported Change in Taxes for 18 years, with the latest figure 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.
- The five-year high for Change in Taxes was $432.0 million in Q1 2022, with the low at -$342.0 million in Q2 2022.
- Historically, Change in Taxes has averaged $17.4 million across 5 years, with a median of $14.0 million in 2025.
- Annual changes were most pronounced in 2024 — Change in Taxes jumped 219.67% — and 2025, when it plunged 555.1%.
- S&P Global's Change in Taxes stood at -$43.0 million in 2022, then slumped by 451.16% to -$237.0 million in 2023, then jumped by 48.52% to -$122.0 million in 2024, then surged by 111.48% to $14.0 million in 2025, then jumped 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 | 122.27 Bn | 125.38 Bn | 2.94 Bn | 314.00 Mn |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn | 327.60 Mn |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn | - |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - | - |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn | - |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn | - |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn | -17.80 Mn |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn | 200,000.00 |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn | - |
| 10 | Factset Research Systems | 8.21 Bn | 7.92 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 |