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

S&P Global's Net Margin history runs 17 years deep, the most recent figure standing at 36.06% for Q1 2026.

• Quarterly Net Margin rose 506.0% year-over-year to 36.06% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 32.76% (up 330.0% YoY) and the FY2025 annual result came in at 31.43%, up 210.0% from the prior year.
• Net Margin was 36.06% for Q1 2026 at S&P Global, up from 31.26% in the prior quarter.
• Across five years, Net Margin topped out at 54.37% in Q1 2022 and bottomed at 16.82% in Q4 2022.
• A 5-year average of 29.51% and a median of 30.57% in 2024 frame the typical range for Net Margin.
• Annual changes were most pronounced in 2022 — Net Margin soared 1429 bps — and 2023, when it tumbled 2716 bps.
• S&P Global's Net Margin stood at 16.82% in 2022, then gained by 21 bps to 20.43% in 2023, then soared by 32 bps to 26.92% in 2024, then rose by 16 bps to 31.26% in 2025, then gained by 15 bps to 36.06% in 2026.
• Business Quant data shows SPGI's Net Margin at 36.06% in Q1 2026, 31.26% in Q4 2025, and 32.54% in Q3 2025.