S&P Global (SPGI) Minority Interest (2009 - 2026)
S&P Global (SPGI) posted Minority Interest of $5.35 billion for Q3 2026, up 19.9% from $4.46 billion a year earlier and up 6.4% 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 Q3 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 14 quarters, with growth averaging 12.7% over the last eight quarters.
- The strongest year-over-year quarter for Minority Interest in the past five years was Q4 2021, with growth of 23.3%; the weakest was Q4 2022, with a decline of 4.7%.
- According to Business Quant data, Minority Interest for the three prior quarters was $5.02 billion (Q2 2026), $4.92 billion (Q1 2026) and $4.92 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Msci | 236.00 Bn | 234.48 Bn | 739.80 Mn |
| 2 | S&P Global | 137.30 Bn | 132.50 Bn | 2.64 Bn |
| 3 | Moodys | 87.63 Bn | 80.69 Bn | 1.50 Bn |
| 4 | Verisk Analytics | 26.66 Bn | 22.85 Bn | 567.00 Mn |
| 5 | Equifax | 22.03 Bn | 21.43 Bn | 940.10 Mn |
| 6 | TransUnion | 15.46 Bn | 12.30 Bn | - |
| 7 | Factset Research Systems | 11.73 Bn | 10.58 Bn | 308.40 Mn |
| 8 | Morningstar | 9.14 Bn | 7.03 Bn | 431.40 Mn |
| 9 | Mastercard | 572.29 Bn | 532.37 Bn | - |
| 10 | Cme | 113.65 Bn | 101.99 Bn | 359.20 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.35 Bn |
| 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 |
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();