S&P Global (SPGI) EBITDA Margin (2009 - 2026)
S&P Global posted quarterly EBITDA Margin of 48.74% for Q1 2026, up 630.0% year-on-year from 6.68% in Q1 2025, and up 11.95% on a QoQ basis from 43.54% in Q4 2025.
S&P Global (SPGI) has 18 years of EBITDA Margin data on file, last reported at 48.74% in Q1 2026.
- For the quarter ending Q1 2026, EBITDA Margin rose 630.0% year-over-year to 48.74%; the trailing twelve-month figure through Mar 2026 stood at 44.62% (up 411.0% YoY), and the FY2025 full-year result was 42.96%, up 301.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 48.74%, up from 43.54% 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.
- The 5-year median for EBITDA Margin is 40.73% (2024), against an average of 41.12%.
- The widest annual swing landed in 2022, when EBITDA Margin soared 2572 bps; it then plunged 4329 bps in 2023.
- A 5-year view of EBITDA Margin shows it stood at 24.89% in 2022, then rose by 17 bps to 29.19% in 2023, then climbed by 27 bps to 37.17% in 2024, then gained by 17 bps to 43.54% in 2025, then increased by 12 bps to 48.74% in 2026.
- The last three EBITDA Margin figures came in at 48.74% (Q1 2026), 43.54% (Q4 2025), and 43.8% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | 48.74% |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | 71.11% |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | 55.93% |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | 44.35% |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | 30.74% |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | -1.52% |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | 54.40% |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 40.55% |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | 19.65% |
| 10 | Factset Research Systems | 9.06 Bn | 8.78 Bn | 314.28 Mn | 30.27% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 55.89% |
| Mar 31, 2021 | 54.56% |
| Dec 31, 2020 | 36.37% |
| Sep 30, 2020 | 52.22% |
| Jun 30, 2020 | 57.85% |
| Mar 31, 2020 | 52.18% |
| Dec 31, 2019 | 48.36% |
| Sep 30, 2019 | 53.94% |
| Jun 30, 2019 | 48.94% |
| Mar 31, 2019 | 46.15% |
| Dec 31, 2018 | 47.40% |
| Sep 30, 2018 | 46.83% |
| Jun 30, 2018 | 42.95% |
| Mar 31, 2018 | 46.71% |
| Dec 31, 2017 | 40.78% |
| Sep 30, 2017 | 44.35% |
| Jun 30, 2017 | 45.59% |
| Mar 31, 2017 | 45.29% |
| Dec 31, 2016 | 62.83% |
| Sep 30, 2016 | 95.21% |
| Jun 30, 2016 | 45.41% |
| Mar 31, 2016 | 39.52% |
| Dec 31, 2015 | 32.75% |
| Sep 30, 2015 | 32.48% |
| Jun 30, 2015 | 45.01% |
| Mar 31, 2015 | 41.08% |
| Dec 31, 2014 | -87.29% |
| Sep 30, 2014 | 30.64% |
| Jun 30, 2014 | 38.25% |
| Mar 31, 2014 | 36.87% |
| Dec 31, 2013 | 24.21% |
| Sep 30, 2013 | 36.02% |
| Jun 30, 2013 | 36.93% |
| Mar 31, 2013 | 25.61% |
| Dec 31, 2012 | 30.26% |
| Sep 30, 2012 | 26.79% |
| Jun 30, 2012 | 30.88% |
| Mar 31, 2012 | 29.37% |
| Dec 31, 2011 | -8.37% |
| Sep 30, 2011 | 29.47% |
| Jun 30, 2011 | 37.55% |
| Mar 31, 2011 | 25.13% |
| Dec 31, 2010 | -7.79% |
| Sep 30, 2010 | 33.40% |
| Jun 30, 2010 | 24.33% |
| Mar 31, 2010 | 18.46% |
| Dec 31, 2009 | 20.80% |
| Sep 30, 2009 | 31.02% |
| Jun 30, 2009 | 22.19% |
| Mar 31, 2009 | 13.39% |