S&P Global (SPGI) Debt Ratio (2009 - 2026)
S&P Global's (SPGI) quarterly Debt Ratio came in at 0.28 in Q2 2026, up 49.54% YoY from 0.19 in Q2 2025, and up 7.06% on a QoQ basis from 0.26 in Q1 2026.
S&P Global (SPGI) Debt Ratio (2009 - 2026) Analysis & Trends
S&P Global (SPGI) has 18 years of Debt Ratio data on file, last reported at 0.28 in Q2 2026.
- Quarterly Debt Ratio rose 49.54% year-over-year to 0.28 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.28 (up 49.54% YoY) and the FY2025 annual result came in at 0.23, up 19.15% from the prior year.
- Debt Ratio improved to 0.28 in Q2 2026, from 0.26 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.28 in Q2 2026 to a low of 0.17 in Q2 2022.
- A 5-year average of 0.2 and a median of 0.19 in 2023 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2022 — Debt Ratio sank 45.89% — and 2026, when it soared 49.54%.
- Tracing SPGI's Debt Ratio over 5 years: stood at 0.18 in 2022, then gained by 4.93% to 0.19 in 2023, then retreated by 0.3% to 0.19 in 2024, then gained by 19.15% to 0.23 in 2025, then climbed by 25.02% to 0.28 in 2026.
- The last three Debt Ratio figures came in at 0.28 (Q2 2026), 0.26 (Q1 2026), and 0.23 (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 127.61 Bn | 123.47 Bn | 2.98 Bn | 0.28 |
| 2 | Cme | 97.52 Bn | 97.52 Bn | 1.65 Bn | 0.02 |
| 3 | Intercontinental Exchange | 89.57 Bn | 87.62 Bn | - | 0.11 |
| 4 | Moodys | 86.76 Bn | 85.26 Bn | 1.67 Bn | 0.51 |
| 5 | Nasdaq | 54.95 Bn | 54.24 Bn | 1.50 Bn | 0.32 |
| 6 | Coinbase Global | 45.29 Bn | 36.50 Bn | 1.16 Bn | 0.39 |
| 7 | Msci | 41.31 Bn | 40.96 Bn | 717.10 Mn | 1.14 |
| 8 | Cboe Global Markets | 30.95 Bn | 28.56 Bn | 731.60 Mn | 0.20 |
| 9 | TransUnion | 16.34 Bn | 15.50 Bn | 765.00 Mn | 0.46 |
| 10 | Factset Research Systems | 10.81 Bn | 10.51 Bn | 310.73 Mn | 0.45 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.28 |
| Mar 31, 2026 | 0.26 |
| Dec 31, 2025 | 0.23 |
| 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 | 0.20 |
| Dec 31, 2023 | 0.19 |
| Sep 30, 2023 | 0.19 |
| Jun 30, 2023 | 0.20 |
| Mar 31, 2023 | 0.20 |
| Dec 31, 2022 | 0.18 |
| Sep 30, 2022 | 0.18 |
| Jun 30, 2022 | 0.17 |
| Mar 31, 2022 | 0.17 |
| Dec 31, 2021 | 0.27 |
| Sep 30, 2021 | 0.29 |