S&P Global (SPGI) Return on Equity [ROE] (2009 - 2026)
S&P Global's Return on Equity [ROE] came in at 20.89% for Q3 2026, up 7.21 percentage points from 13.68% a year earlier and up 3.99 percentage points from the prior quarter.
S&P Global (SPGI) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2025, S&P Global's Return on Equity [ROE] was 14.95%, up 2.61 percentage points from FY2024.
- Return on Equity [ROE] carries a five-year change of -442.87 percentage points (FY2020 to FY2025).
- Going back by year, Return on Equity [ROE] was 12.34% in FY2024 (+4.16 pp), 8.17% in FY2023 (-10.08 pp), 18.26% in FY2022 (-225.43 pp) and 243.69% in FY2021 (-214.12 pp).
- The Q3 2026 figure represents the highest quarterly Return on Equity [ROE] since Q4 2021.
- Year-over-year, Return on Equity [ROE] has increased for 11 consecutive quarters, with an average year-over-year change of +3.80 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Equity [ROE] over five years came in Q3 2026 (a gain of 7.21 percentage points), and the weakest in Q4 2021 (a drop of 311.88 percentage points).
- Business Quant data shows SPGI's Return on Equity [ROE] at 16.90% (Q2 2026), 16.48% (Q1 2026) and 14.95% (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Msci | 235.55 Bn | 234.03 Bn | 739.80 Mn | - |
| 2 | S&P Global | 137.22 Bn | 132.42 Bn | 2.64 Bn | 20.99% |
| 3 | Moodys | 88.04 Bn | 81.11 Bn | 1.50 Bn | 87.78% |
| 4 | Verisk Analytics | 26.17 Bn | 22.36 Bn | 567.00 Mn | - |
| 5 | Equifax | 22.05 Bn | 21.44 Bn | 940.10 Mn | 16.83% |
| 6 | TransUnion | 15.64 Bn | 12.48 Bn | - | 16.25% |
| 7 | Factset Research Systems | 11.49 Bn | 10.35 Bn | 308.40 Mn | 26.45% |
| 8 | Morningstar | 9.15 Bn | 7.04 Bn | 431.40 Mn | 43.48% |
| 9 | Mastercard | 570.55 Bn | 530.63 Bn | - | 274.42% |
| 10 | Cme | 110.48 Bn | 98.81 Bn | 359.20 Mn | 16.64% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 20.99% |
| Jun 30, 2026 | 16.90% |
| Mar 31, 2026 | 16.48% |
| Dec 31, 2025 | 14.95% |
| Sep 30, 2025 | 13.68% |
| Jun 30, 2025 | 12.98% |
| Mar 31, 2025 | 12.80% |
| Dec 31, 2024 | 12.38% |
| Sep 30, 2024 | 11.13% |
| Jun 30, 2024 | 10.41% |
| Mar 31, 2024 | 9.02% |
| Dec 31, 2023 | 8.29% |
| Sep 30, 2023 | 7.72% |
| Jun 30, 2023 | 7.25% |
| Mar 31, 2023 | 8.46% |
| Dec 31, 2022 | 9.56% |
| Sep 30, 2022 | 9.81% |
| Jun 30, 2022 | 9.96% |
| Mar 31, 2022 | 17.92% |
| Dec 31, 2021 | 162.21% |
S&P Global Return on Equity [ROE] 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=return-on-equity-%5Broe%5D&ticker=SPGI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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=return-on-equity-%5Broe%5D&ticker=SPGI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();