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

S&P Global has reported Tax Rate for 18 years, with the latest figure 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.
• The five-year high for Tax Rate was 31.06% in Q2 2023, with the low at 17.62% in Q3 2022.
• Historically, Tax Rate has averaged 22.15% across 5 years, with a median of 21.26% in 2024.
• Annual changes were most pronounced in 2022 — Tax Rate soared 694 bps — and 2023, when it slumped 1248 bps.
• S&P Global's Tax Rate stood at 20.45% in 2022, then fell by 8 bps to 18.89% in 2023, then advanced by 21 bps to 22.89% in 2024, then increased by 9 bps to 24.95% in 2025, then retreated 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.