S&P Global (SPGI) Non-Current Debt (2009 - 2026)
S&P Global's Non-Current Debt was $12.6 billion in Q2 2026, up 10.7% from $11.39 billion a year earlier and up 18.6% from the prior quarter.
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Analysis
S&P Global (SPGI) Non-Current Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Non-Current Debt at S&P Global came in at $12.37 billion, up 8.6% from FY2024.
- Non-Current Debt shows a five-year compound annual growth rate of 24.7% (FY2020 to FY2025).
- In earlier years, Non-Current Debt was $11.39 billion in FY2024 (-0.2%), $11.41 billion in FY2023 (+6.4%), $10.73 billion in FY2022 (+160.8%) and $4.11 billion in FY2021 (+0.1%).
- The Q2 2026 figure marks the highest quarterly Non-Current Debt in data going back to Q1 2009.
- Compared with a year earlier, Non-Current Debt was higher in two of the last eight quarters, with growth averaging 1.5%.
- The best year-over-year quarter for Non-Current Debt over five years was Q1 2022 (growth of 175.5%); the worst was Q1 2026 (a decline of 6.7%).
- Per Business Quant data, SPGI's Non-Current Debt in the three quarters before Q2 2026 was $10.62 billion (Q1 2026), $12.37 billion (Q4 2025) and $11.38 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 115.73 Bn | 111.34 Bn | 2.98 Bn | 12.60 Bn |
| 2 | Moodys | 78.77 Bn | 71.20 Bn | 1.67 Bn | 6.38 Bn |
| 3 | Msci | 39.23 Bn | 37.58 Bn | 717.10 Mn | 6.38 Bn |
| 4 | Verisk Analytics | 21.59 Bn | 16.23 Bn | 572.90 Mn | 4.22 Bn |
| 5 | Equifax | 16.56 Bn | 15.96 Bn | 926.40 Mn | 4.06 Bn |
| 6 | TransUnion | 12.32 Bn | 9.30 Bn | - | 5.37 Bn |
| 7 | Factset Research Systems | 9.30 Bn | 8.06 Bn | 310.73 Mn | 890.54 Mn |
| 8 | Morningstar | 6.99 Bn | 4.89 Bn | 423.90 Mn | - |
| 9 | Mastercard | 490.78 Bn | 450.70 Bn | - | 22.18 Bn |
| 10 | Cme | 94.57 Bn | 94.57 Bn | - | 3.42 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.60 Bn |
| Mar 31, 2026 | 10.62 Bn |
| Dec 31, 2025 | 12.37 Bn |
| Sep 30, 2025 | 11.38 Bn |
| Jun 30, 2025 | 11.39 Bn |
| Mar 31, 2025 | 11.39 Bn |
| Dec 31, 2024 | 11.39 Bn |
| Sep 30, 2024 | 11.40 Bn |
| Jun 30, 2024 | 11.40 Bn |
| Mar 31, 2024 | 11.40 Bn |
| Dec 31, 2023 | 11.41 Bn |
| Sep 30, 2023 | 11.42 Bn |
| Jun 30, 2023 | 10.68 Bn |
| Mar 31, 2023 | 10.73 Bn |
| Dec 31, 2022 | 10.73 Bn |
| Sep 30, 2022 | 10.73 Bn |
| Jun 30, 2022 | 10.78 Bn |
| Mar 31, 2022 | 11.33 Bn |
| Dec 31, 2021 | 4.11 Bn |
| Sep 30, 2021 | 4.11 Bn |
API Access
S&P Global Non-Current Debt 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=non-current-debt&ticker=SPGI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=SPGI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();