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

S&P Global (SPGI) posted EBT Margin of 45.74% for Q1 2026, up 9.83% on a QoQ basis from 41.65% in Q4 2025, and up 614.0% year-over-year from 6.41% in Q1 2025.

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

S&P Global's EBT Margin history runs 18 years deep, the most recent figure standing at 45.74% for Q1 2026.

  • Quarterly EBT Margin rose 614.0% year-over-year to 45.74% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 42.21% (up 434.0% YoY) and the FY2025 annual result came in at 40.6%, up 324.0% from the prior year.
  • EBT Margin was 45.74% for Q1 2026 at S&P Global, up from 41.65% 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.
  • A 5-year average of 38.21% and a median of 38.04% 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 sank 4499 bps.
  • S&P Global's 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 advanced by 10 bps to 45.74% in 2026.
  • Business Quant data shows SPGI's EBT Margin at 45.74% in Q1 2026, 41.65% in Q4 2025, and 41.1% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Bit Origin 1,110.84 Bn 1,110.84 Bn - -
2 S&P Global 130.72 Bn 128.91 Bn 2.94 Bn 45.74%
3 Cme 92.16 Bn 92.16 Bn 1.65 Bn 77.82%
4 Moodys 84.72 Bn 83.22 Bn 1.67 Bn 53.59%
5 Intercontinental Exchange 84.12 Bn 82.38 Bn - 63.72%
6 Nasdaq 53.10 Bn 52.38 Bn 1.50 Bn 25.79%
7 Coinbase Global 44.25 Bn 33.81 Bn 1.33 Bn -32.89%
8 Msci 41.65 Bn 41.29 Bn 717.10 Mn 48.13%
9 Cboe Global Markets 30.13 Bn 27.96 Bn 728.90 Mn 40.50%
10 TransUnion 14.77 Bn 14.04 Bn 726.20 Mn 34.37%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 54.32%