S&P Global (SPGI) Deferred Taxes (2009 - 2026)
S&P Global (SPGI) reported Deferred Taxes of -$50.0 million for Q1 2026, up 20.63% on a YoY basis from -$41.4 million in Q1 2025, and down 211.11% quarter-over-quarter from $45.0 million in Q4 2025.
S&P Global (SPGI) Deferred Taxes (2009 - 2026) Analysis & Trends
S&P Global has reported Deferred Taxes for 18 years, with the latest figure at -$50.0 million in Q1 2026.
- For the quarter ending Q1 2026, Deferred Taxes rose 20.63% year-over-year to -$50.0 million; the trailing twelve-month figure through Mar 2026 stood at -$229.0 million (up 28.21% YoY), and the FY2025 full-year result was -$242.0 million, up 25.08% from the prior year.
- Deferred Taxes for Q1 2026 stood at -$50.0 million, down from $45.0 million in the prior quarter.
- The five-year high for Deferred Taxes was $49.0 million in Q4 2023, with the low at -$217.0 million in Q2 2023.
- Historically, Deferred Taxes has averaged -$79.4 million across 5 years, with a median of -$64.0 million in 2022.
- Annual changes were most pronounced in 2022 — Deferred Taxes tumbled 1750.0% — and 2025, when it surged 186.54%.
- S&P Global's Deferred Taxes stood at -$198.0 million in 2022, then jumped by 124.75% to $49.0 million in 2023, then tumbled by 206.12% to -$52.0 million in 2024, then surged by 186.54% to $45.0 million in 2025, then slumped by 211.11% to -$50.0 million in 2026.
- The last three Deferred Taxes figures came in at -$50.0 million (Q1 2026), $45.0 million (Q4 2025), and -$149.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 122.27 Bn | 125.38 Bn | 2.94 Bn | -50.00 Mn |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn | -13.40 Mn |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn | 23.00 Mn |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - | 140.00 Mn |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn | 12.00 Mn |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn | -77.18 Mn |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn | -82.50 Mn |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn | 48.90 Mn |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn | -16.00 Mn |
| 10 | Factset Research Systems | 8.21 Bn | 7.92 Bn | 314.28 Mn | -658,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -50.00 Mn |
| Dec 31, 2025 | 45.00 Mn |
| Sep 30, 2025 | -149.00 Mn |
| Jun 30, 2025 | -75.00 Mn |
| Mar 31, 2025 | -63.00 Mn |
| Dec 31, 2024 | -52.00 Mn |
| Sep 30, 2024 | -109.00 Mn |
| Jun 30, 2024 | -95.00 Mn |
| Mar 31, 2024 | -67.00 Mn |
| Dec 31, 2023 | 49.00 Mn |
| Sep 30, 2023 | -46.00 Mn |
| Jun 30, 2023 | -217.00 Mn |
| Mar 31, 2023 | -167.00 Mn |
| Dec 31, 2022 | -198.00 Mn |
| Sep 30, 2022 | -64.00 Mn |
| Jun 30, 2022 | -38.00 Mn |
| Mar 31, 2022 | -53.00 Mn |
| Dec 31, 2021 | 12.00 Mn |
| Sep 30, 2021 | 48.00 Mn |
| Jun 30, 2021 | -44.00 Mn |