S&P Global (SPGI) Tax Rate (2009 - 2026)

S&P Global's Tax Rate history runs 18 years deep, the most recent figure standing at 21.17% for Q1 2026.

• Quarterly Tax Rate fell 55.0% year-over-year to 21.17% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 22.38% (up 19.0% YoY) and the FY2025 annual result came in at 22.6%, up 110.0% from the prior year.
• Tax Rate was 21.17% for Q1 2026 at S&P Global, 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.
• A 5-year average of 22.15% and a median of 21.26% in 2024 frame the typical range for Tax Rate.
• Annual changes were most pronounced in 2022 — Tax Rate soared 694 bps — and 2023, when it sank 1248 bps.
• S&P Global's Tax Rate stood at 20.45% in 2022, then decreased by 8 bps to 18.89% in 2023, then grew by 21 bps to 22.89% in 2024, then gained by 9 bps to 24.95% in 2025, then slipped by 15 bps to 21.17% in 2026.
• Business Quant data shows SPGI's Tax Rate at 21.17% in Q1 2026, 24.95% in Q4 2025, and 20.84% in Q3 2025.