S&P Global (SPGI) Interest Coverage Ratio (2009 - 2026)
S&P Global (SPGI) reported Interest Coverage Ratio of 20.85 for Q1 2026, up 3.08% on a YoY basis from 20.23 in Q1 2025, and down 32.73% quarter-over-quarter from 31.0 in Q4 2025.
S&P Global (SPGI) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
S&P Global has reported Interest Coverage Ratio for 15 years, with the latest figure at 20.85 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio rose 3.08% year-over-year to 20.85; the trailing twelve-month figure through Mar 2026 stood at 22.56 (up 16.04% YoY), and the FY2025 full-year result was 22.57, up 20.14% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 20.85, down from 31.0 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 33.19 in Q1 2022, with the low at 8.33 in Q4 2022.
- Historically, Interest Coverage Ratio has averaged 18.06 across 5 years, with a median of 18.7 in 2024.
- Annual changes were most pronounced in 2023 — Interest Coverage Ratio sank 59.45% — and 2024, when it surged 82.15%.
- S&P Global's Interest Coverage Ratio stood at 8.33 in 2022, then jumped by 40.66% to 11.71 in 2023, then soared by 59.69% to 18.7 in 2024, then surged by 65.78% to 31.0 in 2025, then tumbled by 32.73% to 20.85 in 2026.
- The last three Interest Coverage Ratio figures came in at 20.85 (Q1 2026), 31.0 (Q4 2025), and 21.2 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 122.27 Bn | 125.38 Bn | 2.94 Bn | 20.85 |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn | 30.04 |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn | - |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - | 8.20 |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn | 7.55 |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn | -0.95 |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn | 6.61 |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn | 38.02 |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn | 3.95 |
| 10 | Factset Research Systems | 8.21 Bn | 7.92 Bn | 314.28 Mn | 14.16 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2017 | 17.54 |