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% on a YoY basis from 0.19 in Q2 2025, and up 7.06% quarter-over-quarter from 0.26 in Q1 2026.
Analysis
S&P Global (SPGI) Debt Ratio (2009 - 2026) Analysis & Trends
S&P Global (SPGI) has reported Debt Ratio for 18 consecutive years, with 0.28 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Debt Ratio rose 49.54% year-over-year to 0.28; the trailing twelve-month figure through Jun 2026 stood at 0.28 (up 49.54% YoY), and the FY2025 full-year result was 0.23, up 19.15% from the prior year.
- Debt Ratio advanced to 0.28 in Q2 2026 per SPGI's latest filing, from 0.26 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.28 in Q2 2026 and bottomed at 0.17 in Q2 2022.
- Historically, Debt Ratio has averaged 0.2 across 5 years, with a median of 0.19 in 2023.
- The sharpest annual moves came in 2022 and 2026: Debt Ratio slumped 45.89% in 2022, then jumped 49.54% in 2026.
- Over 5 years, Debt Ratio stood at 0.18 in 2022, then climbed by 4.93% to 0.19 in 2023, then slipped by 0.3% to 0.19 in 2024, then climbed by 19.15% to 0.23 in 2025, then increased by 25.02% to 0.28 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.28, 0.26, and 0.23 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 130.73 Bn | 131.62 Bn | 2.98 Bn | 0.28 |
| 2 | Moodys | 85.51 Bn | 84.15 Bn | 1.67 Bn | 0.51 |
| 3 | Msci | 41.67 Bn | 41.32 Bn | 717.10 Mn | 1.14 |
| 4 | Verisk Analytics | 24.18 Bn | 23.63 Bn | 572.90 Mn | 1.00 |
| 5 | Factset Research Systems | 10.80 Bn | 10.50 Bn | 310.73 Mn | 0.45 |
| 6 | Morningstar | 7.86 Bn | 7.33 Bn | 423.90 Mn | 0.44 |
Historic Data
Download Data
Historic 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 |