S&P Global (SPGI) Debt to Equity (2009 - 2026)
S&P Global (SPGI) reported Debt to Equity of $0.43 for Q1 2026, up 25.54% on a YoY basis from $0.34 in Q1 2025, and up 1.96% quarter-over-quarter from $0.42 in Q4 2025.
S&P Global (SPGI) Debt to Equity (2009 - 2026) Analysis & Trends
S&P Global has reported Debt to Equity for 18 years, with the latest figure at $0.43 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity rose 25.54% year-over-year to $0.43; the trailing twelve-month figure through Mar 2026 stood at $0.43 (up 25.54% YoY), and the FY2025 full-year result was $0.42, up 22.26% from the prior year.
- Debt to Equity for Q1 2026 stood at $0.43, up from $0.42 in the prior quarter.
- The five-year high for Debt to Equity was $0.43 in Q1 2026, with the low at $0.27 in Q2 2022.
- Historically, Debt to Equity has averaged $0.33 across 5 years, with a median of $0.33 in 2023.
- Annual changes were most pronounced in 2022 — Debt to Equity plunged 92.35% — and 2026, when it rose 25.54%.
- S&P Global's Debt to Equity stood at $0.3 in 2022, then gained by 11.23% to $0.33 in 2023, then grew by 2.59% to $0.34 in 2024, then climbed by 22.26% to $0.42 in 2025, then gained by 1.96% to $0.43 in 2026.
- The last three Debt to Equity figures came in at $0.43 (Q1 2026), $0.42 (Q4 2025), and $0.34 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 122.27 Bn | 125.38 Bn | 2.94 Bn | 0.43 |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn | 0.13 |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn | 2.22 |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - | 0.69 |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn | 0.74 |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn | 0.48 |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn | -2.31 |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn | 0.27 |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn | 1.18 |
| 10 | Factset Research Systems | 8.21 Bn | 7.92 Bn | 314.28 Mn | 0.64 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.43 |
| Dec 31, 2025 | 0.42 |
| Sep 30, 2025 | 0.34 |
| Jun 30, 2025 | 0.34 |
| Mar 31, 2025 | 0.34 |
| Dec 31, 2024 | 0.34 |
| Sep 30, 2024 | 0.33 |
| Jun 30, 2024 | 0.33 |
| Mar 31, 2024 | 0.34 |
| Dec 31, 2023 | 0.33 |
| Sep 30, 2023 | 0.32 |
| Jun 30, 2023 | 0.32 |
| Mar 31, 2023 | 0.32 |
| Dec 31, 2022 | 0.30 |
| Sep 30, 2022 | 0.29 |
| Jun 30, 2022 | 0.27 |
| Mar 31, 2022 | 0.29 |
| Dec 31, 2021 | 1.95 |
| Sep 30, 2021 | 2.15 |
| Jun 30, 2021 | 3.09 |