S&P Global (SPGI) Interest Coverage Ratio (2009 - 2026)
S&P Global posted quarterly Interest Coverage Ratio of 20.85 for Q1 2026, up 3.08% year-on-year from 20.23 in Q1 2025, and down 32.73% on a QoQ basis from 31.0 in Q4 2025.
S&P Global (SPGI) has 15 years of Interest Coverage Ratio data on file, last reported 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.
- Across five years, Interest Coverage Ratio topped out at 33.19 in Q1 2022 and bottomed at 8.33 in Q4 2022.
- The 5-year median for Interest Coverage Ratio is 18.7 (2024), against an average of 18.06.
- The widest annual swing landed in 2023, when Interest Coverage Ratio tumbled 59.45%; it then surged 82.15% in 2024.
- A 5-year view of Interest Coverage Ratio shows it stood at 8.33 in 2022, then surged by 40.66% to 11.71 in 2023, then jumped by 59.69% to 18.7 in 2024, then soared by 65.78% to 31.0 in 2025, then slumped 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 | 126.06 Bn | 129.16 Bn | 2.94 Bn | 20.85 |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | 30.04 |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | 8.20 |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | - |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | 7.55 |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | -0.95 |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | 6.61 |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 38.02 |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | 3.95 |
| 10 | Factset Research Systems | 9.06 Bn | 8.78 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 |
| Jun 30, 2017 | 18.05 |
| Mar 31, 2017 | 17.27 |
| Dec 31, 2016 | 14.53 |
| Sep 30, 2016 | 34.56 |
| Jun 30, 2016 | 15.50 |
| Mar 31, 2016 | 12.80 |
| Dec 31, 2015 | 10.60 |
| Sep 30, 2015 | 13.67 |
| Jun 30, 2015 | 36.38 |
| Mar 31, 2015 | 31.31 |
| Dec 31, 2014 | -60.42 |
| Sep 30, 2014 | 30.50 |
| Jun 30, 2014 | 34.00 |
| Mar 31, 2014 | 30.00 |
| Dec 31, 2013 | 19.36 |
| Sep 30, 2013 | 28.21 |
| Jun 30, 2013 | 26.44 |
| Mar 31, 2013 | 17.93 |
| Dec 31, 2012 | 19.28 |
| Sep 30, 2012 | 13.10 |
| Jun 30, 2012 | 14.67 |
| Mar 31, 2012 | 13.43 |
| Dec 31, 2011 | -5.15 |
| Sep 30, 2011 | 15.67 |
| Jun 30, 2011 | 17.90 |
| Mar 31, 2011 | 11.37 |
| Dec 31, 2010 | -5.74 |
| Sep 30, 2010 | 32.64 |
| Jun 30, 2010 | 15.61 |
| Mar 31, 2010 | 8.61 |
| Dec 31, 2009 | 14.06 |
| Sep 30, 2009 | 31.19 |
| Jun 30, 2009 | 16.02 |
| Mar 31, 2009 | 6.04 |