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% YoY from 15.45% in Q2 2025, and down 8.84% on a QoQ basis from 45.74% in Q1 2026.
S&P Global (SPGI) EBT Margin (2009 - 2026) Analysis & Trends
S&P Global (SPGI) has 18 years of EBT Margin data on file, last reported at 41.7% in Q2 2026.
- Quarterly EBT Margin rose 170.0% year-over-year to 41.7% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 42.59% (up 441.0% YoY) and the FY2025 annual result came in at 40.6%, up 324.0% from the prior year.
- EBT Margin eased to 41.7% in Q2 2026, from 45.74% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 78.15% in Q1 2022 to a low of 21.14% in Q4 2022.
- A 5-year average of 38.41% and a median of 38.43% in 2024 frame the typical range for EBT Margin.
- Annual changes were most pronounced in 2022 — EBT Margin surged 2577 bps — and 2023, when it slumped 4499 bps.
- Tracing SPGI's EBT Margin over 5 years: stood at 21.14% in 2022, then climbed by 19 bps to 25.19% in 2023, then jumped by 39 bps to 34.91% in 2024, then increased by 19 bps to 41.65% in 2025, then advanced by 0 bps to 41.7% in 2026.
- The last three EBT Margin figures came in at 41.7% (Q2 2026), 45.74% (Q1 2026), and 41.65% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 127.61 Bn | 123.47 Bn | 2.98 Bn | 41.70% |
| 2 | Cme | 97.52 Bn | 97.52 Bn | 1.65 Bn | 77.82% |
| 3 | Intercontinental Exchange | 89.57 Bn | 87.62 Bn | - | 35.64% |
| 4 | Moodys | 86.76 Bn | 85.26 Bn | 1.67 Bn | 53.59% |
| 5 | Nasdaq | 54.95 Bn | 54.24 Bn | 1.50 Bn | 25.79% |
| 6 | Coinbase Global | 45.29 Bn | 36.50 Bn | 1.16 Bn | -32.41% |
| 7 | Msci | 41.31 Bn | 40.96 Bn | 717.10 Mn | 48.13% |
| 8 | Cboe Global Markets | 30.95 Bn | 28.56 Bn | 731.60 Mn | 34.29% |
| 9 | TransUnion | 16.34 Bn | 15.50 Bn | 765.00 Mn | 15.39% |
| 10 | Factset Research Systems | 10.81 Bn | 10.51 Bn | 310.73 Mn | 24.74% |
Historic Data
Download 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% |