S&P Global (SPGI) Debt Ratio (2009 - 2026)

S&P Global (SPGI) reported Debt Ratio of 0.22 for Q1 2026, up 15.18% on a YoY basis from 0.19 in Q1 2025, and up 2.44% quarter-over-quarter from 0.21 in Q4 2025.

S&P Global (SPGI) Debt Ratio (2009 - 2026) Analysis & Trends

S&P Global has reported Debt Ratio for 18 years, with the latest figure at 0.22 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio rose 15.18% year-over-year to 0.22; the trailing twelve-month figure through Mar 2026 stood at 0.22 (up 15.18% YoY), and the FY2025 full-year result was 0.21, up 12.99% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.22, up from 0.21 in the prior quarter.
  • The five-year high for Debt Ratio was 0.22 in Q1 2026, with the low at 0.17 in Q2 2022.
  • Historically, Debt Ratio has averaged 0.19 across 5 years, with a median of 0.19 in 2023.
  • Annual changes were most pronounced in 2022 — Debt Ratio tumbled 46.21% — and 2026, when it advanced 15.18%.
  • S&P Global's Debt Ratio stood at 0.18 in 2022, then increased by 6.65% to 0.19 in 2023, then grew by 0.08% to 0.19 in 2024, then increased by 12.99% to 0.21 in 2025, then grew by 2.44% to 0.22 in 2026.
  • The last three Debt Ratio figures came in at 0.22 (Q1 2026), 0.21 (Q4 2025), and 0.19 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 S&P Global 122.27 Bn 125.38 Bn 2.94 Bn 0.22
2 Cme 88.49 Bn 88.49 Bn 1.83 Bn 0.02
3 Moodys 79.74 Bn 78.38 Bn 1.55 Bn 0.47
4 Intercontinental Exchange 76.18 Bn 74.71 Bn - 0.11
5 Nasdaq 46.59 Bn 45.91 Bn 1.41 Bn 0.33
6 Coinbase Global 43.23 Bn 42.70 Bn 1.33 Bn 0.23
7 Msci 42.63 Bn 42.25 Bn 765.10 Mn 1.15
8 Cboe Global Markets 26.37 Bn 24.20 Bn 728.90 Mn 0.13
9 TransUnion 12.50 Bn 11.93 Bn 726.20 Mn 0.47
10 Factset Research Systems 8.21 Bn 7.92 Bn 314.28 Mn 0.32

Historic Data

Download Data
DateValue
Mar 31, 2026 0.22
Dec 31, 2025 0.21
Sep 30, 2025 0.19
Jun 30, 2025 0.19
Mar 31, 2025 0.19
Dec 31, 2024 0.19
Sep 30, 2024 0.19
Jun 30, 2024 0.19
Mar 31, 2024 0.19
Dec 31, 2023 0.19
Sep 30, 2023 0.19
Jun 30, 2023 0.19
Mar 31, 2023 0.19
Dec 31, 2022 0.18
Sep 30, 2022 0.17
Jun 30, 2022 0.17
Mar 31, 2022 0.17
Dec 31, 2021 0.27
Sep 30, 2021 0.29
Jun 30, 2021 0.31