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
DateValue
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