S&P Global (SPGI) Dividend Coverage Ratio (2009 - 2026)
S&P Global's (SPGI) Dividend Coverage Ratio was 4.24 for Q2 2026, up 16.3% from 3.65 a year earlier but down 12.5% from the prior quarter.
S&P Global (SPGI) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, S&P Global's Dividend Coverage Ratio came in at 4.26, up 22.1% year-over-year; for FY2025, it came in at 3.82, up 12.5% from FY2024.
- By year, Dividend Coverage Ratio came in at 3.40 in FY2024 (+48.4%), 2.29 in FY2023 (-27.8%), 3.17 in FY2022 (-22.1%) and 4.07 in FY2021 (+12.2%).
- Five-year quarterly Dividend Coverage Ratio spans a low of 1.57 in Q4 2022 and a high of 6.64 in Q1 2022.
- Year over year, Dividend Coverage Ratio has now increased in each of the last 12 quarters, with growth averaging 23.2% over the last eight quarters.
- The high point for year-over-year Dividend Coverage Ratio in five years was Q2 2024 (growth of 99.2%); the low point was Q1 2023 (a decline of 58.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 4.84 (Q1 2026), 3.91 (Q4 2025) and 4.04 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 116.73 Bn | 112.33 Bn | 2.98 Bn | 4.24 |
| 2 | Moodys | 79.69 Bn | 72.12 Bn | 1.67 Bn | 4.88 |
| 3 | Msci | 39.48 Bn | 37.82 Bn | 717.10 Mn | 2.29 |
| 4 | Verisk Analytics | 21.83 Bn | 16.47 Bn | 572.90 Mn | - |
| 5 | Equifax | 17.14 Bn | 16.54 Bn | 926.40 Mn | 2.77 |
| 6 | TransUnion | 12.68 Bn | 9.66 Bn | - | 5.85 |
| 7 | Factset Research Systems | 9.57 Bn | 8.33 Bn | 310.73 Mn | - |
| 8 | Morningstar | 7.19 Bn | 5.09 Bn | 423.90 Mn | - |
| 9 | Mastercard | 494.77 Bn | 454.69 Bn | - | - |
| 10 | Cme | 94.58 Bn | 94.58 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.24 |
| Mar 31, 2026 | 4.84 |
| Dec 31, 2025 | 3.91 |
| Sep 30, 2025 | 4.04 |
| Jun 30, 2025 | 3.65 |
| Mar 31, 2025 | 3.69 |
| Dec 31, 2024 | 3.14 |
| Sep 30, 2024 | 3.44 |
| Jun 30, 2024 | 3.53 |
| Mar 31, 2024 | 3.47 |
| Dec 31, 2023 | 2.05 |
| Sep 30, 2023 | 2.59 |
| Jun 30, 2023 | 1.77 |
| Mar 31, 2023 | 2.74 |
| Dec 31, 2022 | 1.57 |
| Sep 30, 2022 | 2.19 |
| Jun 30, 2022 | 3.40 |
| Mar 31, 2022 | 6.64 |
| Dec 31, 2021 | 3.63 |
| Sep 30, 2021 | 4.28 |
S&P Global Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=SPGI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "SPGI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=SPGI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();