S&P Global (SPGI) Minority Interest (2009 - 2026)
S&P Global (SPGI) posted Minority Interest of $5.02 billion for Q2 2026, up 12.5% from $4.47 billion a year earlier and up 2.2% from the prior quarter.
S&P Global (SPGI) Minority Interest (2009 - 2026) Analysis & Trends
At the end of FY2025, S&P Global's Minority Interest came in at $4.92 billion, up 15.6% from FY2024.
- Annual Minority Interest has increased for three consecutive years, with a five-year compound annual growth rate of 12.1% (FY2020 to FY2025).
- In prior years, S&P Global's Minority Interest was $4.25 billion in FY2024 (+11.9%), $3.8 billion in FY2023 (+16.3%), $3.27 billion in FY2022 (-4.7%) and $3.43 billion in FY2021 (+23.3%).
- The Q2 2026 figure stands as the highest quarterly Minority Interest in data going back to Q1 2009.
- On a year-over-year basis, Minority Interest has increased in each of the last 13 quarters, with growth averaging 13.0% over the last eight quarters.
- The strongest year-over-year quarter for Minority Interest in the past five years was Q3 2021, with growth of 26.9%; the weakest was Q4 2022, with a decline of 4.7%.
- According to Business Quant data, Minority Interest for the three prior quarters was $4.92 billion (Q1 2026), $4.92 billion (Q4 2025) and $4.46 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | S&P Global | 116.38 Bn | 111.98 Bn | 2.98 Bn |
| 2 | Moodys | 78.67 Bn | 71.10 Bn | 1.67 Bn |
| 3 | Msci | 39.16 Bn | 37.50 Bn | 717.10 Mn |
| 4 | Verisk Analytics | 21.84 Bn | 16.48 Bn | 572.90 Mn |
| 5 | Equifax | 16.14 Bn | 15.54 Bn | 926.40 Mn |
| 6 | TransUnion | 11.72 Bn | 8.70 Bn | - |
| 7 | Factset Research Systems | 9.66 Bn | 8.43 Bn | 310.73 Mn |
| 8 | Morningstar | 7.13 Bn | 5.03 Bn | 423.90 Mn |
| 9 | Mastercard | 480.27 Bn | 440.19 Bn | - |
| 10 | Cme | 94.12 Bn | 94.12 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.02 Bn |
| Mar 31, 2026 | 4.92 Bn |
| Dec 31, 2025 | 4.92 Bn |
| Sep 30, 2025 | 4.46 Bn |
| Jun 30, 2025 | 4.47 Bn |
| Mar 31, 2025 | 4.25 Bn |
| Dec 31, 2024 | 4.25 Bn |
| Sep 30, 2024 | 4.31 Bn |
| Jun 30, 2024 | 4.01 Bn |
| Mar 31, 2024 | 3.83 Bn |
| Dec 31, 2023 | 3.80 Bn |
| Sep 30, 2023 | 3.51 Bn |
| Jun 30, 2023 | 3.51 Bn |
| Mar 31, 2023 | 3.40 Bn |
| Dec 31, 2022 | 3.27 Bn |
| Sep 30, 2022 | 3.16 Bn |
| Jun 30, 2022 | 3.29 Bn |
| Mar 31, 2022 | 3.43 Bn |
| Dec 31, 2021 | 3.43 Bn |
| Sep 30, 2021 | 3.19 Bn |
S&P Global Minority Interest API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=minority-interest&ticker=SPGI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "minority-interest", "ticker": "SPGI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=minority-interest&ticker=SPGI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();