S&P Global SPGI
NYSE SPGI
$410.53 -7.83 (-1.87%)
As of: Sep 10, 2026 · 3:59 PM EDT

S&P Global (SPGI) EBITDA Margin (2009 - 2026)

S&P Global's (SPGI) quarterly EBITDA Margin came in at 44.48% in Q2 2026, up 248.0% on a YoY basis from 12.78% in Q2 2025, and down 8.75% quarter-over-quarter from 48.74% in Q1 2026.

Analysis

S&P Global (SPGI) EBITDA Margin (2009 - 2026) Analysis & Trends

S&P Global (SPGI) has reported EBITDA Margin for 18 consecutive years, with 44.48% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, EBITDA Margin rose 248.0% year-over-year to 44.48%; the trailing twelve-month figure through Jun 2026 stood at 45.19% (up 457.0% YoY), and the FY2025 full-year result was 42.96%, up 301.0% from the prior year.
  • EBITDA Margin eased to 44.48% in Q2 2026 per SPGI's latest filing, from 48.74% in the prior quarter.
  • Across five years, EBITDA Margin topped out at 80.28% in Q1 2022 and bottomed at 24.89% in Q4 2022.
  • Historically, EBITDA Margin has averaged 41.31% across 5 years, with a median of 41.17% in 2024.
  • The sharpest annual moves came in 2022 and 2023: EBITDA Margin jumped 2572 bps in 2022, then tumbled 4329 bps in 2023.
  • Over 5 years, EBITDA Margin stood at 24.89% in 2022, then gained by 17 bps to 29.19% in 2023, then grew by 27 bps to 37.17% in 2024, then advanced by 17 bps to 43.54% in 2025, then climbed by 2 bps to 44.48% in 2026.
  • According to Business Quant data, EBITDA Margin over the past three periods registered 44.48%, 48.74%, and 43.54% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 S&P Global 121.34 Bn 117.20 Bn 2.98 Bn 44.48%
2 Moodys 81.34 Bn 79.84 Bn 1.67 Bn 47.87%
3 Msci 39.85 Bn 39.49 Bn 717.10 Mn 56.94%
4 Verisk Analytics 22.97 Bn 22.42 Bn 572.90 Mn 45.11%
5 Factset Research Systems 9.48 Bn 9.17 Bn 310.73 Mn 26.70%
6 Morningstar 7.30 Bn 6.77 Bn 423.90 Mn 29.15%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 44.48%
Mar 31, 2026 48.74%
Dec 31, 2025 43.54%
Sep 30, 2025 43.80%
Jun 30, 2025 42.00%
Mar 31, 2025 42.44%
Dec 31, 2024 37.17%
Sep 30, 2024 40.73%
Jun 30, 2024 41.62%
Mar 31, 2024 40.33%
Dec 31, 2023 29.19%
Sep 30, 2023 35.54%
Jun 30, 2023 30.15%
Mar 31, 2023 36.99%
Dec 31, 2022 24.89%
Sep 30, 2022 30.90%
Jun 30, 2022 50.72%
Mar 31, 2022 80.28%
Dec 31, 2021 44.20%
Sep 30, 2021 52.85%