S&P Global SPGI
NYSE SPGI
$418.35 -10.96 (-2.55%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

S&P Global's (SPGI) quarterly EBT Margin came in at 41.7% in Q2 2026, up 170.0% on a YoY basis from 15.45% in Q2 2025, and down 8.84% quarter-over-quarter from 45.74% in Q1 2026.

Analysis

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

S&P Global (SPGI) has reported EBT Margin for 18 consecutive years, with 41.7% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, EBT Margin rose 170.0% year-over-year to 41.7%; the trailing twelve-month figure through Jun 2026 stood at 42.59% (up 441.0% YoY), and the FY2025 full-year result was 40.6%, up 324.0% from the prior year.
  • EBT Margin retreated to 41.7% in Q2 2026 per SPGI's latest filing, from 45.74% in the prior quarter.
  • Across five years, EBT Margin topped out at 78.15% in Q1 2022 and bottomed at 21.14% in Q4 2022.
  • Historically, EBT Margin has averaged 38.41% across 5 years, with a median of 38.43% in 2024.
  • The sharpest annual moves came in 2022 and 2023: EBT Margin soared 2577 bps in 2022, then tumbled 4499 bps in 2023.
  • Over 5 years, EBT Margin stood at 21.14% in 2022, then increased by 19 bps to 25.19% in 2023, then soared by 39 bps to 34.91% in 2024, then gained by 19 bps to 41.65% in 2025, then grew by 0 bps to 41.7% in 2026.
  • According to Business Quant data, EBT Margin over the past three periods registered 41.7%, 45.74%, and 41.65% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 S&P Global 130.73 Bn 131.62 Bn 2.98 Bn 41.70%
2 Moodys 85.51 Bn 84.15 Bn 1.67 Bn 53.59%
3 Msci 41.67 Bn 41.32 Bn 717.10 Mn 48.13%
4 Verisk Analytics 24.18 Bn 23.63 Bn 572.90 Mn 37.63%
5 Factset Research Systems 10.80 Bn 10.50 Bn 310.73 Mn 24.74%
6 Morningstar 7.86 Bn 7.33 Bn 423.90 Mn 22.17%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 41.70%
Mar 31, 2026 45.74%
Dec 31, 2025 41.65%
Sep 30, 2025 41.10%
Jun 30, 2025 40.00%
Mar 31, 2025 39.61%
Dec 31, 2024 34.91%
Sep 30, 2024 38.04%
Jun 30, 2024 38.83%
Mar 31, 2024 37.70%
Dec 31, 2023 25.19%
Sep 30, 2023 32.26%
Jun 30, 2023 26.89%
Mar 31, 2023 33.16%
Dec 31, 2022 21.14%
Sep 30, 2022 28.77%
Jun 30, 2022 46.48%
Mar 31, 2022 78.15%
Dec 31, 2021 42.62%
Sep 30, 2021 51.46%