S&P Global (SPGI) Tax Rate (2009 - 2026)
S&P Global posted quarterly Tax Rate of 21.17% for Q1 2026, down 55.0% year-on-year from 47.05% in Q1 2025, and down 15.15% on a QoQ basis from 24.95% in Q4 2025.
S&P Global (SPGI) has 18 years of Tax Rate data on file, last reported at 21.17% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 55.0% year-over-year to 21.17%; the trailing twelve-month figure through Mar 2026 stood at 22.38% (up 19.0% YoY), and the FY2025 full-year result was 22.6%, up 110.0% from the prior year.
- Tax Rate for Q1 2026 stood at 21.17%, down from 24.95% in the prior quarter.
- Across five years, Tax Rate topped out at 31.06% in Q2 2023 and bottomed at 17.62% in Q3 2022.
- The 5-year median for Tax Rate is 21.26% (2024), against an average of 22.15%.
- The widest annual swing landed in 2022, when Tax Rate soared 694 bps; it then plunged 1248 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 20.45% in 2022, then retreated by 8 bps to 18.89% in 2023, then climbed by 21 bps to 22.89% in 2024, then rose by 9 bps to 24.95% in 2025, then decreased by 15 bps to 21.17% in 2026.
- The last three Tax Rate figures came in at 21.17% (Q1 2026), 24.95% (Q4 2025), and 20.84% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | 21.17 |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | 23.60 |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | 24.51 |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | 24.02 |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | 23.34 |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | 15.19 |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | -4.32 |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 25.18 |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | 6.45 |
| 10 | Factset Research Systems | 9.06 Bn | 8.78 Bn | 314.28 Mn | 17.41 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.17 |
| Mar 31, 2026 | 21.17 |
| Dec 31, 2025 | 24.95 |
| Dec 31, 2025 | 24.95 |
| Sep 30, 2025 | 20.84 |
| Sep 30, 2025 | 20.84 |
| Jun 30, 2025 | 22.77 |
| Jun 30, 2025 | 22.77 |
| Mar 31, 2025 | 21.72 |
| Mar 31, 2025 | 21.72 |
| Dec 31, 2024 | 22.89 |
| Dec 31, 2024 | 22.89 |
| Sep 30, 2024 | 23.01 |
| Sep 30, 2024 | 23.01 |
| Jun 30, 2024 | 21.26 |
| Jun 30, 2024 | 21.26 |
| Mar 31, 2024 | 18.84 |
| Mar 31, 2024 | 18.84 |
| Dec 31, 2023 | 18.89 |
| Dec 31, 2023 | 18.89 |
| Sep 30, 2023 | 18.19 |
| Sep 30, 2023 | 18.19 |
| Jun 30, 2023 | 31.06 |
| Jun 30, 2023 | 31.06 |
| Mar 31, 2023 | 17.94 |
| Mar 31, 2023 | 17.94 |
| Dec 31, 2022 | 20.45 |
| Dec 31, 2022 | 20.45 |
| Sep 30, 2022 | 17.62 |
| Sep 30, 2022 | 17.62 |
| Jun 30, 2022 | 24.44 |
| Jun 30, 2022 | 24.44 |
| Mar 31, 2022 | 30.42 |
| Mar 31, 2022 | 30.42 |
| Dec 31, 2021 | 17.30 |
| Dec 31, 2021 | 17.30 |
| Sep 30, 2021 | 19.83 |
| Sep 30, 2021 | 19.83 |
| Jun 30, 2021 | 25.09 |
| Jun 30, 2021 | 25.09 |
| Mar 31, 2021 | 23.48 |
| Mar 31, 2021 | 23.48 |
| Dec 31, 2020 | 21.09 |
| Dec 31, 2020 | 21.09 |
| Sep 30, 2020 | 21.70 |
| Sep 30, 2020 | 21.70 |
| Jun 30, 2020 | 21.67 |
| Jun 30, 2020 | 21.67 |
| Mar 31, 2020 | 21.44 |
| Mar 31, 2020 | 21.44 |
| Dec 31, 2019 | 19.84 |
| Dec 31, 2019 | 19.84 |
| Sep 30, 2019 | 22.21 |
| Sep 30, 2019 | 22.21 |
| Jun 30, 2019 | 23.02 |
| Jun 30, 2019 | 23.02 |
| Mar 31, 2019 | 19.96 |
| Mar 31, 2019 | 19.96 |
| Dec 31, 2018 | 17.88 |
| Dec 31, 2018 | 17.88 |
| Sep 30, 2018 | 20.39 |
| Sep 30, 2018 | 20.39 |
| Jun 30, 2018 | 23.74 |
| Jun 30, 2018 | 23.74 |
| Mar 31, 2018 | 21.59 |
| Mar 31, 2018 | 21.59 |
| Dec 31, 2017 | 49.24 |
| Dec 31, 2017 | 49.24 |
| Sep 30, 2017 | 27.21 |
| Sep 30, 2017 | 27.21 |
| Jun 30, 2017 | 28.59 |
| Jun 30, 2017 | 28.59 |
| Mar 31, 2017 | 29.62 |
| Mar 31, 2017 | 29.62 |
| Dec 31, 2016 | 28.70 |
| Dec 31, 2016 | 28.70 |
| Sep 30, 2016 | 29.49 |
| Sep 30, 2016 | 29.49 |
| Jun 30, 2016 | 32.35 |
| Jun 30, 2016 | 32.35 |
| Mar 31, 2016 | 31.57 |
| Mar 31, 2016 | 31.57 |
| Dec 31, 2015 | 28.13 |
| Dec 31, 2015 | 28.13 |
| Sep 30, 2015 | 26.05 |
| Sep 30, 2015 | 26.05 |
| Jun 30, 2015 | 32.69 |
| Jun 30, 2015 | 32.69 |
| Mar 31, 2015 | 32.16 |
| Mar 31, 2015 | 32.16 |
| Dec 31, 2014 | 15.68 |
| Dec 31, 2014 | 15.68 |
| Sep 30, 2014 | 39.27 |
| Sep 30, 2014 | 39.27 |
| Jun 30, 2014 | 32.90 |
| Jun 30, 2014 | 32.90 |
| Mar 31, 2014 | 33.99 |
| Mar 31, 2014 | 33.99 |
| Dec 31, 2013 | 28.79 |
| Dec 31, 2013 | 28.79 |
| Sep 30, 2013 | 32.28 |
| Sep 30, 2013 | 32.28 |
| Jun 30, 2013 | 35.00 |
| Jun 30, 2013 | 35.00 |
| Mar 31, 2013 | 33.84 |
| Mar 31, 2013 | 33.84 |
| Dec 31, 2012 | 35.19 |
| Dec 31, 2012 | 35.19 |
| Sep 30, 2012 | 32.28 |
| Sep 30, 2012 | 32.28 |
| Jun 30, 2012 | 37.28 |
| Jun 30, 2012 | 37.28 |
| Mar 31, 2012 | 37.55 |
| Mar 31, 2012 | 37.55 |
| Dec 31, 2011 | 27.64 |
| Dec 31, 2011 | 27.64 |
| Sep 30, 2011 | 36.33 |
| Sep 30, 2011 | 36.33 |
| Jun 30, 2011 | 36.09 |
| Jun 30, 2011 | 36.09 |
| Mar 31, 2011 | 36.55 |
| Mar 31, 2011 | 36.55 |
| Dec 31, 2010 | -19.45 |
| Dec 31, 2010 | -19.45 |
| Sep 30, 2010 | 36.30 |
| Sep 30, 2010 | 36.30 |
| Jun 30, 2010 | 36.41 |
| Jun 30, 2010 | 36.41 |
| Mar 31, 2010 | 36.39 |
| Mar 31, 2010 | 36.39 |
| Dec 31, 2009 | 36.36 |
| Dec 31, 2009 | 36.36 |
| Sep 30, 2009 | 36.40 |
| Sep 30, 2009 | 36.40 |
| Jun 30, 2009 | 36.40 |
| Jun 30, 2009 | 36.40 |
| Mar 31, 2009 | 36.38 |
| Mar 31, 2009 | 36.38 |