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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |