S&P Global (SPGI) Return on Capital Employed (2009 - 2026)

S&P Global (SPGI) reported Return on Capital Employed of 13.36% for Q1 2026, up 270.0% on a YoY basis from 3.61% in Q1 2025, and up 8.97% quarter-over-quarter from 12.26% in Q4 2025.

S&P Global (SPGI) Return on Capital Employed (2009 - 2026) Analysis & Trends

S&P Global has reported Return on Capital Employed for 18 years, with the latest figure at 13.36% in Q1 2026.

  • For the quarter ending Q1 2026, Return on Capital Employed rose 270.0% year-over-year to 13.36%; the trailing twelve-month figure through Mar 2026 stood at 13.36% (up 270.0% YoY), and the FY2025 full-year result was 12.21%, up 187.0% from the prior year.
  • Return on Capital Employed for Q1 2026 stood at 13.36%, up from 12.26% in the prior quarter.
  • The five-year high for Return on Capital Employed was 14.42% in Q1 2022, with the low at 6.55% in Q2 2023.
  • Historically, Return on Capital Employed has averaged 9.65% across 5 years, with a median of 8.9% in 2022.
  • Annual changes were most pronounced in 2022 — Return on Capital Employed slumped 3040 bps — and 2024, when it jumped 297 bps.
  • S&P Global's Return on Capital Employed 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 advanced by 9 bps to 13.36% in 2026.
  • The last three Return on Capital Employed figures came in at 13.36% (Q1 2026), 12.26% (Q4 2025), and 11.26% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 S&P Global 122.27 Bn 125.38 Bn 2.94 Bn 13.36%
2 Cme 88.49 Bn 88.49 Bn 1.83 Bn 12.95%
3 Moodys 79.74 Bn 78.38 Bn 1.55 Bn 29.45%
4 Intercontinental Exchange 76.18 Bn 74.71 Bn - 16.61%
5 Nasdaq 46.59 Bn 45.91 Bn 1.41 Bn 9.84%
6 Coinbase Global 43.23 Bn 42.70 Bn 1.33 Bn 3.53%
7 Msci 42.63 Bn 42.25 Bn 765.10 Mn 44.72%
8 Cboe Global Markets 26.37 Bn 24.20 Bn 728.90 Mn 28.43%
9 TransUnion 12.50 Bn 11.93 Bn 726.20 Mn 8.05%
10 Factset Research Systems 8.21 Bn 7.92 Bn 314.28 Mn 20.15%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 39.14%