S&P Global (SPGI) Total Debt (2009 - 2026)
S&P Global (SPGI) reported Total Debt of $15.17 billion for Q2 2026, up 33.2% from $11.39 billion a year earlier and up 13.9% from the prior quarter.
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Analysis
S&P Global (SPGI) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, S&P Global posted Total Debt of $13.09 billion, up 14.8% from FY2024.
- Total Debt has a five-year compound annual growth rate of 26.1% (FY2020 to FY2025).
- By year, Total Debt came in at $11.4 billion in FY2024 (-0.5%), $11.46 billion in FY2023 (+4.6%), $10.96 billion in FY2022 (+166.3%) and $4.11 billion in FY2021 (+0.1%).
- The Q2 2026 figure ranks as the highest quarterly Total Debt in data going back to Q1 2009.
- Year over year, Total Debt has now increased in each of the last three quarters, with growth averaging 7.6% over the last eight quarters.
- The high point for year-over-year Total Debt in five years was Q1 2022 (growth of 177.1%); the low point was Q1 2025 (a decline of 2.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $13.32 billion (Q1 2026), $13.09 billion (Q4 2025) and $11.39 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 116.38 Bn | 111.98 Bn | 2.98 Bn | 15.17 Bn |
| 2 | Moodys | 78.67 Bn | 71.10 Bn | 1.67 Bn | 6.95 Bn |
| 3 | Msci | 39.16 Bn | 37.50 Bn | 717.10 Mn | 6.38 Bn |
| 4 | Verisk Analytics | 21.84 Bn | 16.48 Bn | 572.90 Mn | 4.47 Bn |
| 5 | Equifax | 16.14 Bn | 15.54 Bn | 926.40 Mn | 5.47 Bn |
| 6 | TransUnion | 11.72 Bn | 8.70 Bn | - | 5.59 Bn |
| 7 | Factset Research Systems | 9.66 Bn | 8.43 Bn | 310.73 Mn | 1.39 Bn |
| 8 | Morningstar | 7.13 Bn | 5.03 Bn | 423.90 Mn | 18.20 Mn |
| 9 | Mastercard | 480.27 Bn | 440.19 Bn | - | 24.64 Bn |
| 10 | Cme | 94.12 Bn | 94.12 Bn | - | 3.42 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.17 Bn |
| Mar 31, 2026 | 13.32 Bn |
| Dec 31, 2025 | 13.09 Bn |
| Sep 30, 2025 | 11.39 Bn |
| Jun 30, 2025 | 11.39 Bn |
| Mar 31, 2025 | 11.39 Bn |
| Dec 31, 2024 | 11.40 Bn |
| Sep 30, 2024 | 11.40 Bn |
| Jun 30, 2024 | 11.41 Bn |
| Mar 31, 2024 | 11.71 Bn |
| Dec 31, 2023 | 11.46 Bn |
| Sep 30, 2023 | 11.46 Bn |
| Jun 30, 2023 | 11.50 Bn |
| Mar 31, 2023 | 11.66 Bn |
| Dec 31, 2022 | 10.96 Bn |
| Sep 30, 2022 | 10.79 Bn |
| Jun 30, 2022 | 10.79 Bn |
| Mar 31, 2022 | 11.39 Bn |
| Dec 31, 2021 | 4.11 Bn |
| Sep 30, 2021 | 4.11 Bn |
API Access
S&P Global Total Debt 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=total-debt&ticker=SPGI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=SPGI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();