S&P Global (SPGI) Return on Capital Employed (2009 - 2026)
S&P Global's (SPGI) quarterly Return on Capital Employed came in at 13.59% in Q2 2026, up 274.0% YoY from 3.63% in Q2 2025, and up 1.69% on a QoQ basis from 13.36% in Q1 2026.
S&P Global (SPGI) Return on Capital Employed (2009 - 2026) Analysis & Trends
S&P Global (SPGI) has 18 years of Return on Capital Employed data on file, last reported at 13.59% in Q2 2026.
- Quarterly Return on Capital Employed rose 274.0% year-over-year to 13.59% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 13.59% (up 274.0% YoY) and the FY2025 annual result came in at 12.21%, up 187.0% from the prior year.
- Return on Capital Employed climbed to 13.59% in Q2 2026, from 13.36% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 14.42% in Q1 2022 to a low of 6.55% in Q2 2023.
- A 5-year average of 9.87% and a median of 9.13% in 2022 frame the typical range for Return on Capital Employed.
- Annual changes were most pronounced in 2022 — Return on Capital Employed slumped 3040 bps — and 2024, when it jumped 297 bps.
- Tracing SPGI's Return on Capital Employed over 5 years: stood at 8.86% in 2022, then dropped by 17 bps to 7.38% in 2023, then jumped by 40 bps to 10.35% in 2024, then increased by 18 bps to 12.26% in 2025, then grew by 11 bps to 13.59% in 2026.
- The last three Return on Capital Employed figures came in at 13.59% (Q2 2026), 13.36% (Q1 2026), and 12.26% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 127.28 Bn | 123.14 Bn | 2.98 Bn | 13.59% |
| 2 | Cme | 99.22 Bn | 99.22 Bn | 1.65 Bn | 11.13% |
| 3 | Intercontinental Exchange | 90.86 Bn | 88.91 Bn | - | 9.74% |
| 4 | Moodys | 87.72 Bn | 86.22 Bn | 1.67 Bn | 32.18% |
| 5 | Nasdaq | 55.30 Bn | 54.59 Bn | 1.50 Bn | 11.33% |
| 6 | Coinbase Global | 48.96 Bn | 40.17 Bn | 1.16 Bn | 3.03% |
| 7 | Msci | 41.13 Bn | 40.77 Bn | 717.10 Mn | 46.76% |
| 8 | Cboe Global Markets | 31.58 Bn | 29.19 Bn | 731.60 Mn | 24.89% |
| 9 | TransUnion | 16.29 Bn | 15.45 Bn | 765.00 Mn | 8.33% |
| 10 | Factset Research Systems | 10.78 Bn | 10.47 Bn | 310.73 Mn | 22.94% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 13.59% |
| Mar 31, 2026 | 13.36% |
| Dec 31, 2025 | 12.26% |
| Sep 30, 2025 | 11.26% |
| Jun 30, 2025 | 10.84% |
| Mar 31, 2025 | 10.66% |
| Dec 31, 2024 | 10.35% |
| Sep 30, 2024 | 9.36% |
| Jun 30, 2024 | 8.69% |
| Mar 31, 2024 | 7.79% |
| Dec 31, 2023 | 7.38% |
| Sep 30, 2023 | 6.94% |
| Jun 30, 2023 | 6.55% |
| Mar 31, 2023 | 7.56% |
| Dec 31, 2022 | 8.86% |
| Sep 30, 2022 | 8.84% |
| Jun 30, 2022 | 8.90% |
| Mar 31, 2022 | 14.42% |
| Dec 31, 2021 | 39.26% |
| Sep 30, 2021 | 38.33% |