S&P Global (SPGI) Interest Coverage Ratio (2009 - 2026)
S&P Global's (SPGI) quarterly Interest Coverage Ratio came in at 2.79 in Q2 2026, down 86.16% YoY from 20.14 in Q2 2025, and down 8.79% on a QoQ basis from 3.06 in Q1 2026.
S&P Global (SPGI) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
S&P Global (SPGI) has 18 years of Interest Coverage Ratio data on file, last reported at 2.79 in Q2 2026.
- Quarterly Interest Coverage Ratio fell 86.16% year-over-year to 2.79 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 11.02 (down 44.26% YoY) and the FY2025 annual result came in at 6.17, up 11.56% from the prior year.
- Interest Coverage Ratio declined to 2.79 in Q2 2026, from 3.06 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 32.55 in Q4 2022 to a low of 0.82 in Q3 2022.
- A 5-year average of 11.43 and a median of 11.19 in 2023 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2024 — Interest Coverage Ratio soared 1448.31% — and 2026, when it tumbled 86.16%.
- Tracing SPGI's Interest Coverage Ratio over 5 years: stood at 32.55 in 2022, then tumbled by 64.02% to 11.71 in 2023, then soared by 59.69% to 18.7 in 2024, then slumped by 42.98% to 10.66 in 2025, then plunged by 73.85% to 2.79 in 2026.
- The last three Interest Coverage Ratio figures came in at 2.79 (Q2 2026), 3.06 (Q1 2026), and 10.66 (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 127.75 Bn | 123.61 Bn | 2.98 Bn | 20.83 |
| 2 | Cme | 98.48 Bn | 98.48 Bn | 1.65 Bn | 25.39 |
| 3 | Intercontinental Exchange | 90.95 Bn | 89.00 Bn | - | 6.79 |
| 4 | Moodys | 87.56 Bn | 86.06 Bn | 1.67 Bn | - |
| 5 | Nasdaq | 55.55 Bn | 54.83 Bn | 1.50 Bn | 8.28 |
| 6 | Coinbase Global | 49.80 Bn | 41.01 Bn | 1.16 Bn | -5.04 |
| 7 | Msci | 41.37 Bn | 41.01 Bn | 717.10 Mn | 6.87 |
| 8 | Cboe Global Markets | 31.18 Bn | 28.79 Bn | 731.60 Mn | 36.06 |
| 9 | TransUnion | 16.49 Bn | 15.65 Bn | 765.00 Mn | 3.92 |
| 10 | Factset Research Systems | 10.85 Bn | 10.55 Bn | 310.73 Mn | 12.02 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.79 |
| Mar 31, 2026 | 3.06 |
| Dec 31, 2025 | 10.66 |
| 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 | 1.46 |
| Jun 30, 2023 | 1.22 |
| Mar 31, 2023 | 1.48 |
| Dec 31, 2022 | 32.55 |
| Sep 30, 2022 | 0.82 |
| Jun 30, 2022 | 1.43 |
| Mar 31, 2022 | 1.73 |
| Dec 31, 2021 | 26.59 |
| Sep 30, 2021 | 1.52 |