S&P Global (SPGI) Interest Coverage Ratio (2009 - 2026)
S&P Global's (SPGI) quarterly Interest Coverage Ratio came in at 20.83 in Q2 2026, up 3.4% on a YoY basis from 20.14 in Q2 2025, and little changed quarter-over-quarter from 20.85 in Q1 2026.
Analysis
S&P Global (SPGI) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
S&P Global (SPGI) has reported Interest Coverage Ratio for 15 consecutive years, with 20.83 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio rose 3.4% year-over-year to 20.83; the trailing twelve-month figure through Jun 2026 stood at 22.67 (up 14.65% YoY), and the FY2025 full-year result was 22.57, up 20.14% from the prior year.
- Interest Coverage Ratio held at 20.83 in Q2 2026 per SPGI's latest filing, from 20.85 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 33.19 in Q1 2022 and bottomed at 8.33 in Q4 2022.
- Historically, Interest Coverage Ratio has averaged 18.21 across 5 years, with a median of 18.78 in 2024.
- The sharpest annual moves came in 2023 and 2024: Interest Coverage Ratio slumped 59.45% in 2023, then soared 82.15% in 2024.
- Over 5 years, Interest Coverage Ratio stood at 8.33 in 2022, then soared by 40.66% to 11.71 in 2023, then surged by 59.69% to 18.7 in 2024, then jumped by 65.78% to 31.0 in 2025, then slumped by 32.81% to 20.83 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 20.83, 20.85, and 31.0 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 121.34 Bn | 117.20 Bn | 2.98 Bn | 20.83 |
| 2 | Moodys | 81.34 Bn | 79.84 Bn | 1.67 Bn | - |
| 3 | Msci | 39.85 Bn | 39.49 Bn | 717.10 Mn | 6.87 |
| 4 | Verisk Analytics | 22.97 Bn | 22.42 Bn | 572.90 Mn | 6.89 |
| 5 | Factset Research Systems | 9.48 Bn | 9.17 Bn | 310.73 Mn | 12.02 |
| 6 | Morningstar | 7.30 Bn | 6.77 Bn | 423.90 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.83 |
| Mar 31, 2026 | 20.85 |
| Dec 31, 2025 | 31.00 |
| Sep 30, 2025 | 21.20 |
| Jun 30, 2025 | 20.14 |
| Mar 31, 2025 | 20.23 |
| Dec 31, 2024 | 18.70 |
| Sep 30, 2024 | 19.92 |
| Jun 30, 2024 | 18.86 |
| Mar 31, 2024 | 17.76 |
| Dec 31, 2023 | 11.71 |
| Sep 30, 2023 | 12.79 |
| Jun 30, 2023 | 10.35 |
| Mar 31, 2023 | 13.46 |
| Dec 31, 2022 | 8.33 |
| Sep 30, 2022 | 12.01 |
| Jun 30, 2022 | 16.47 |
| Mar 31, 2022 | 33.19 |
| Mar 31, 2018 | 20.91 |
| Dec 31, 2017 | 16.08 |