Growth Metrics

S&P Global (SPGI) Net Margin (2016 - 2025)

S&P Global (SPGI) has disclosed Net Margin for 16 consecutive years, with 31.26% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Net Margin rose 434.0% year-over-year to 31.26%, compared with a TTM value of 31.43% through Dec 2025, up 211.0%, and an annual FY2025 reading of 31.43%, up 210.0% over the prior year.
  • Net Margin was 31.26% for Q4 2025 at S&P Global, down from 32.54% 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.
  • Average Net Margin over 5 years is 31.15%, with a median of 30.74% recorded in 2025.
  • The sharpest move saw Net Margin skyrocketed 1429bps in 2022, then plummeted -2716bps in 2023.
  • Year by year, Net Margin stood at 35.3% in 2021, then crashed by -52bps to 16.82% in 2022, then grew by 21bps to 20.43% in 2023, then soared by 32bps to 26.92% in 2024, then rose by 16bps to 31.26% in 2025.
  • Business Quant data shows Net Margin for SPGI at 31.26% in Q4 2025, 32.54% in Q3 2025, and 30.89% in Q2 2025.