S&P Global (SPGI) EBT Margin (2009 - 2026)
S&P Global (SPGI) reported EBT Margin of 45.74% for Q1 2026, up 614.0% on a YoY basis from 6.41% in Q1 2025, and up 9.83% quarter-over-quarter from 41.65% in Q4 2025.
S&P Global (SPGI) EBT Margin (2009 - 2026) Analysis & Trends
S&P Global has reported EBT Margin for 18 years, with the latest figure at 45.74% in Q1 2026.
- For the quarter ending Q1 2026, EBT Margin rose 614.0% year-over-year to 45.74%; the trailing twelve-month figure through Mar 2026 stood at 42.21% (up 434.0% YoY), and the FY2025 full-year result was 40.6%, up 324.0% from the prior year.
- EBT Margin for Q1 2026 stood at 45.74%, up from 41.65% in the prior quarter.
- The five-year high for EBT Margin was 78.15% in Q1 2022, with the low at 21.14% in Q4 2022.
- Historically, EBT Margin has averaged 38.21% across 5 years, with a median of 38.04% in 2024.
- Annual changes were most pronounced in 2022 — EBT Margin surged 2577 bps — and 2023, when it slumped 4499 bps.
- S&P Global's EBT Margin 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 rose by 10 bps to 45.74% in 2026.
- The last three EBT Margin figures came in at 45.74% (Q1 2026), 41.65% (Q4 2025), and 41.1% (Q3 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 | 122.27 Bn | 125.38 Bn | 2.94 Bn | 45.74% |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn | 80.36% |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn | 41.85% |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - | 63.72% |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn | 31.68% |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn | -32.89% |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn | 45.75% |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn | 40.50% |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn | 34.37% |
| 10 | Factset Research Systems | 8.21 Bn | 7.92 Bn | 314.28 Mn | 26.37% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |