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 | Msci | 235.55 Bn | 234.03 Bn | 739.80 Mn | 899.10 Mn |
| 2 | S&P Global | 137.22 Bn | 132.42 Bn | 2.64 Bn | 11.94 Bn |
| 3 | Moodys | 88.04 Bn | 81.11 Bn | 1.50 Bn | 1.69 Bn |
| 4 | Verisk Analytics | 26.17 Bn | 22.36 Bn | 567.00 Mn | 308.30 Mn |
| 5 | Equifax | 22.05 Bn | 21.44 Bn | 940.10 Mn | 1.17 Bn |
| 6 | TransUnion | 15.64 Bn | 12.48 Bn | - | 3.43 Bn |
| 7 | Factset Research Systems | 11.49 Bn | 10.35 Bn | 308.40 Mn | 1.85 Bn |
| 8 | Morningstar | 9.15 Bn | 7.04 Bn | 431.40 Mn | 550.00 Mn |
| 9 | Mastercard | 570.55 Bn | 530.63 Bn | - | 5.70 Bn |
| 10 | Cme | 110.48 Bn | 98.81 Bn | 359.20 Mn | 2.44 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.94 Bn |
| Jun 30, 2026 | 15.70 Bn |
| Mar 31, 2026 | 15.98 Bn |
| Dec 31, 2025 | 12.52 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 |
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();