S&P Global (SPGI) Intangibles (2009 - 2026)
S&P Global's Intangibles was $15.7 billion in Q2 2026, down 2.4% from $16.08 billion a year earlier and down 1.8% from the prior quarter.
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Analysis
S&P Global (SPGI) Intangibles (2009 - 2026) Analysis & Trends
At the end of FY2025, Intangibles at S&P Global came in at $16.27 billion, down 1.7% from FY2024.
- Intangibles has now declined for three consecutive years, though with a five-year compound annual growth rate of 64.5% (FY2020 to FY2025).
- In earlier years, Intangibles was $16.56 billion in FY2024 (-4.8%), $17.4 billion in FY2023 (-5.0%), $18.31 billion in FY2022 and $1.29 billion in FY2021 (-5.0%).
- The Q2 2026 figure marks the lowest quarterly Intangibles since Q4 2021.
- Compared with a year earlier, Intangibles has declined for 14 straight quarters, with an average decline of 4.0% over the last eight quarters.
- The year-over-year decline in Intangibles has ranged between 1.7% (Q4 2025) and 14.2% (Q1 2023) over the last five years.
- Per Business Quant data, SPGI's Intangibles in the three quarters before Q2 2026 was $15.98 billion (Q1 2026), $16.27 billion (Q4 2025) and $15.81 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 116.38 Bn | 111.98 Bn | 2.98 Bn | 15.70 Bn |
| 2 | Moodys | 78.67 Bn | 71.10 Bn | 1.67 Bn | 1.75 Bn |
| 3 | Msci | 39.16 Bn | 37.50 Bn | 717.10 Mn | 855.90 Mn |
| 4 | Verisk Analytics | 21.84 Bn | 16.48 Bn | 572.90 Mn | 313.50 Mn |
| 5 | Equifax | 16.14 Bn | 15.54 Bn | 926.40 Mn | 1.22 Bn |
| 6 | TransUnion | 11.72 Bn | 8.70 Bn | - | 3.52 Bn |
| 7 | Factset Research Systems | 9.66 Bn | 8.43 Bn | 310.73 Mn | 1.87 Bn |
| 8 | Morningstar | 7.13 Bn | 5.03 Bn | 423.90 Mn | 569.20 Mn |
| 9 | Mastercard | 480.27 Bn | 440.19 Bn | - | 5.47 Bn |
| 10 | Cme | 94.12 Bn | 94.12 Bn | - | 2.49 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.70 Bn |
| Mar 31, 2026 | 15.98 Bn |
| Dec 31, 2025 | 16.27 Bn |
| Sep 30, 2025 | 15.81 Bn |
| Jun 30, 2025 | 16.08 Bn |
| Mar 31, 2025 | 16.31 Bn |
| Dec 31, 2024 | 16.56 Bn |
| Sep 30, 2024 | 16.85 Bn |
| Jun 30, 2024 | 17.10 Bn |
| Mar 31, 2024 | 17.12 Bn |
| Dec 31, 2023 | 17.40 Bn |
| Sep 30, 2023 | 17.64 Bn |
| Jun 30, 2023 | 17.91 Bn |
| Mar 31, 2023 | 18.17 Bn |
| Dec 31, 2022 | 18.31 Bn |
| Sep 30, 2022 | 19.52 Bn |
| Jun 30, 2022 | 20.06 Bn |
| Mar 31, 2022 | 21.18 Bn |
| Dec 31, 2021 | 1.29 Bn |
| Sep 30, 2021 | 1.29 Bn |
API Access
S&P Global Intangibles 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=intangibles&ticker=SPGI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=SPGI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();