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| Date | Value |
|---|---|
| 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% |