S&P Global (SPGI) Payout Ratio (2009 - 2026)
S&P Global's (SPGI) Payout Ratio stood at 0.23 in Q2 2026, down 18.1% from 0.29 a year earlier and down 3.5% from the prior quarter.
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Analysis
S&P Global (SPGI) Payout Ratio (2009 - 2026) Analysis & Trends
For FY2025, S&P Global's Payout Ratio came in at 0.26, down 11.1% from FY2024.
- Across earlier years, Payout Ratio came in at 0.29 in FY2024 (-32.6%), 0.44 in FY2023 (+38.5%), 0.32 in FY2022 (+28.3%) and 0.25 in FY2021 (-10.9%).
- The Q2 2026 figure is the lowest quarterly Payout Ratio since Q2 2022.
- On a year-over-year basis, Payout Ratio has declined for nine consecutive quarters, with an average decline of 20.9% over the last eight quarters.
- Peak year-over-year performance for Payout Ratio in the last five years was growth of 109.9% in Q2 2023, against a decline of 32.6% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.24 (Q1 2026), 0.26 (Q4 2025) and 0.28 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | S&P Global | 129.64 Bn | 120.23 Bn | 2.98 Bn |
| 2 | Moodys | 83.36 Bn | 75.65 Bn | 1.67 Bn |
| 3 | Msci | 43.12 Bn | 41.46 Bn | 717.10 Mn |
| 4 | Verisk Analytics | 24.94 Bn | 19.58 Bn | 572.90 Mn |
| 5 | Equifax | 20.99 Bn | 20.27 Bn | 926.40 Mn |
| 6 | TransUnion | 15.08 Bn | 11.90 Bn | - |
| 7 | Factset Research Systems | 11.28 Bn | 10.04 Bn | 310.73 Mn |
| 8 | Morningstar | 8.00 Bn | 5.90 Bn | 423.90 Mn |
| 9 | Mastercard | 547.47 Bn | 507.39 Bn | - |
| 10 | Cme | 106.56 Bn | 94.66 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.23 |
| Mar 31, 2026 | 0.24 |
| Dec 31, 2025 | 0.26 |
| Sep 30, 2025 | 0.28 |
| Jun 30, 2025 | 0.29 |
| Mar 31, 2025 | 0.29 |
| Dec 31, 2024 | 0.29 |
| Sep 30, 2024 | 0.32 |
| Jun 30, 2024 | 0.34 |
| Mar 31, 2024 | 0.40 |
| Dec 31, 2023 | 0.44 |
| Sep 30, 2023 | 0.46 |
| Jun 30, 2023 | 0.48 |
| Mar 31, 2023 | 0.40 |
| Dec 31, 2022 | 0.32 |
| Sep 30, 2022 | 0.27 |
| Jun 30, 2022 | 0.23 |
| Mar 31, 2022 | 0.21 |
| Dec 31, 2021 | 0.25 |
| Sep 30, 2021 | 0.26 |
API Access
S&P Global Payout Ratio 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=payout-ratio&ticker=SPGI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "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=payout-ratio&ticker=SPGI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();