Growth Metrics

S&P Global (SPGI) Gross Margin: 2009-2025

Historic Gross Margin for S&P Global (SPGI) over the last 17 years, with Sep 2025 value amounting to 71.17%.

  • S&P Global's Gross Margin rose 96.00% to 71.17% in Q3 2025 from the same period last year, while for Sep 2025 it was 69.82%, marking a year-over-year increase of 96.00%. This contributed to the annual value of 69.09% for FY2024, which is 223.00% up from last year.
  • Latest data reveals that S&P Global reported Gross Margin of 71.17% as of Q3 2025, which was up 1.38% from 70.20% recorded in Q2 2025.
  • S&P Global's Gross Margin's 5-year high stood at 74.69% during Q2 2021, with a 5-year trough of 65.43% in Q3 2022.
  • Its 3-year average for Gross Margin is 68.61%, with a median of 68.35% in 2024.
  • Its Gross Margin has fluctuated over the past 5 years, first surged by 286bps in 2021, then plummeted by 855bps in 2022.
  • Quarterly analysis of 5 years shows S&P Global's Gross Margin stood at 72.13% in 2021, then plummeted by 645bps to 65.68% in 2022, then skyrocketed by 158bps to 67.26% in 2023, then surged by 109bps to 68.35% in 2024, then spiked by 96bps to 71.17% in 2025.
  • Its Gross Margin was 71.17% in Q3 2025, compared to 70.20% in Q2 2025 and 69.47% in Q1 2025.