S&P Global (SPGI) EBT Margin (2009 - 2026)
S&P Global's EBT Margin came in at 41.70% for Q2 2026, up 1.70 percentage points from 40.00% a year earlier but down 4.04 percentage points from the prior quarter.
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Analysis
S&P Global (SPGI) EBT Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, S&P Global reported EBT Margin of 42.59%, up 4.41 percentage points year-over-year; for FY2025, it was 40.60%, up 3.24 percentage points from FY2024.
- EBT Margin carries a five-year change of -2.77 percentage points (FY2020 to FY2025).
- Going back by year, EBT Margin was 37.36% in FY2024 (+7.98 pp), 29.38% in FY2023 (-12.68 pp), 42.05% in FY2022 (-8.13 pp) and 50.19% in FY2021 (+6.81 pp).
- The five-year range for quarterly EBT Margin is 21.14% (Q4 2022) to 78.15% (Q1 2022).
- Year-over-year, EBT Margin has increased for 12 consecutive quarters, with an average year-over-year change of +4.53 percentage points over the last eight quarters.
- The fastest year-over-year change in EBT Margin over five years came in Q1 2022 (a gain of 25.77 percentage points), and the weakest in Q1 2023 (a drop of 44.99 percentage points).
- Business Quant data shows SPGI's EBT Margin at 45.74% (Q1 2026), 41.65% (Q4 2025) and 41.10% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 116.73 Bn | 112.33 Bn | 2.98 Bn | 41.70% |
| 2 | Moodys | 79.69 Bn | 72.12 Bn | 1.67 Bn | 53.59% |
| 3 | Msci | 39.48 Bn | 37.82 Bn | 717.10 Mn | 48.13% |
| 4 | Verisk Analytics | 21.83 Bn | 16.47 Bn | 572.90 Mn | 37.63% |
| 5 | Equifax | 17.14 Bn | 16.54 Bn | 926.40 Mn | 15.11% |
| 6 | TransUnion | 12.68 Bn | 9.66 Bn | - | 15.39% |
| 7 | Factset Research Systems | 9.57 Bn | 8.33 Bn | 310.73 Mn | 24.74% |
| 8 | Morningstar | 7.19 Bn | 5.09 Bn | 423.90 Mn | 22.17% |
| 9 | Mastercard | 494.77 Bn | 454.69 Bn | - | 59.14% |
| 10 | Cme | 94.58 Bn | 94.58 Bn | - | 77.82% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
API Access
S&P Global EBT Margin 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=ebt-margin&ticker=SPGI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "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=ebt-margin&ticker=SPGI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();