S&P Global (SPGI) Net Margin (2009 - 2026)

S&P Global has reported Net Margin for 17 years, with the latest figure at 36.06% in Q1 2026.

• For the quarter ending Q1 2026, Net Margin rose 506.0% year-over-year to 36.06%; the trailing twelve-month figure through Mar 2026 stood at 32.76% (up 330.0% YoY), and the FY2025 full-year result was 31.43%, up 210.0% from the prior year.
• Net Margin for Q1 2026 stood at 36.06%, up from 31.26% in the prior quarter.
• The five-year high for Net Margin was 54.37% in Q1 2022, with the low at 16.82% in Q4 2022.
• Historically, Net Margin has averaged 29.51% across 5 years, with a median of 30.57% in 2024.
• Annual changes were most pronounced in 2022 — Net Margin soared 1429 bps — and 2023, when it plunged 2716 bps.
• S&P Global's Net Margin stood at 16.82% in 2022, then increased by 21 bps to 20.43% in 2023, then jumped by 32 bps to 26.92% in 2024, then grew by 16 bps to 31.26% in 2025, then increased by 15 bps to 36.06% in 2026.
• The last three Net Margin figures came in at 36.06% (Q1 2026), 31.26% (Q4 2025), and 32.54% (Q3 2025), per Business Quant data.