SPGI · S&P Global Inc.
$390.92
+4.65 (+1.20%)
At close · Oct 5
Return incl. dividend (before tax)
Market Cap
$126.18B
Shares
312.87M
Volume · Oct 5
1.69M
Avg daily vol (3M)
1.96M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$390.92
Open$386.76
Day$384.00–391.30
52W close$369.69–516.89
Avg vol 30d1.9M
Short int6.6M · 2.1% float · 3.3d
Short vol53%
Last earningsOct 27, 2026
DataJan 2020–Oct 2026
Filing10-Q · Jul 28
Up next
Next earnings release
Oct 27, 2026
Announced
· in 3 wks
Next earnings call
Oct 27, 2026
Scheduled
· in 3 wks
filed Jul 28, 2026
call held Jul 28, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
$15.73B
Trailing 12 months
Net income (TTM)
$4.78B
Trailing 12 months
Revenue growth YoY
+10.4%
Year over year
Operating margin
43.9%
Trailing 12 months
P / E (TTM)
25.8
Trailing earnings · reciprocal yield 3.9%
FCF yield
4.4%
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
—
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
-3.3%
Year over year · fewer shares
Price change (1Y)
—
Trailing year
Short interest
2.1%
Latest settlement · 3.3 days to cover
AI Brief
Q2 FY26 earnings call · Jul 28, 2026
Q2 FY26
TL;DR. S&P Global completed the Mobility spin on July 1, delivered 11% pro forma revenue growth with 200 bps of adjusted margin expansion and 23% adjusted EPS growth, raised Ratings revenue growth guidance to 5-8% and Indices to 12-14%, and increased its 2026 share repurchase target to more than $7 billion, while Energy results were pressured by the Iran conflict and leverage is expected to rise above target.
Bullish
- + Pro forma revenue grew 11% and adjusted diluted EPS grew 23%, with adjusted operating margin expanding 200 basis points to 54.3%
- + Ratings and Indices each posted record quarters, with Ratings revenue up 17% (transaction revenue +25%) and Indices revenue up 20%
- + Increased 2026 share repurchase target by nearly $3 billion to more than $7 billion, equivalent to more than 5% of market capitalization
Bearish
- − Energy revenue grew only 2-3%, pressured by the Iran conflict, sanctions, and extreme volatility impacting subscriptions, renewals, and Global Trading Services
- − Gross leverage expected to rise to approximately 2.7-2.8x EBITDA by year-end 2026, above the 2.0-2.5x target range
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Mentioned in fund letters
Equibles Rating
blended score · not investment adviceOverall
Sell
SellHoldBuy
Technical
Strong Sell
Momentum
Very Weak
Sentiment
Neutral
Fundamentals
Strong
Quant / Vol
Moderate
Market backdrop
VIX 15.5 · calm
Equity put/call 0.59
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−8%
below
Price vs 50-day avg
−6%
below
RSI (14)
37
neutral
MACD trend
Negative
52-week position
14%
near low
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
−12%
trailing
6-month return
−3%
trailing
YTD return
−21%
this year
Relative strength
−14%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $416 › 200d $424 — 200d above 50d
Institutional flow
Distributing
22 of 2,030 funds reported for Sep 30 · net -46.6K sh shares · +1 new
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
2.10% of float · ▼ -6.1% MoM · 3.3 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
2,030 holders — mid 3-yr range
Squeeze score
48
elevated · 0–100
Fundamentals
Revenue growth
+7%
Y/Y
EPS growth
+19%
Y/Y
Free cash flow
$5.6B
Valuation
P/E 27
in line
Balance sheet
$11.3B
net debt
Quant / Vol
risk profile
Volatility
31%
annualized · 1-yr
Max drawdown
−28%
past year
ATR
2.4%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed Jul 28, 2026
Organic, Constant Currency Revenue growth
· full year 2026
Initiated
6% – 8%
Corporate Unallocated Expense
· full year 2026
Initiated
$205M – $215M
Deal-related Amortization
· full year 2026
Initiated
$785M
Corporate Unallocated Expense
· full year 2026
Initiated
$185M – $195M
Deal-related Amortization
· full year 2026
Initiated
$785M
Interest Expense, net
· full year 2026
Initiated
$365M – $385M
Interest Expense, net
· full year 2026
Initiated
$390M – $410M
Tax Rate
· full year 2026
Initiated
22% – 23%
Diluted EPS
· full year 2026
Initiated
$16.35 – $16.60
prior FY $14.66
midpoint +12.4% Y/Y
Tax Rate
· full year 2026
Initiated
22% – 23%
Capital Expenditures
· full year 2026
Initiated
$190M – $210M
Capital Expenditures
· full year 2026
Initiated
$190M – $210M
Diluted EPS
· full year 2026
Initiated
$17.50 – $17.75
Share repurchases
· full year 2026
Initiated
at least $7B
Guided vs delivered
· last 3 settled
Diluted EPS
Full-Year 2024
guided $11.15 – $11.40
$12.35
Beat +9.5%
Diluted EPS
Full-Year 2023
guided $8.65 – $8.85
$8.23
Miss −5.9%
Revenue
full-year
guided $4.64B – $4.68B
$8.3B
Beat +78.2%
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Strong Sell
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−8%
Bearish
Price vs 50-day avg
−6%
Bearish
RSI (14)
37
Neutral
MACD trend
Negative
Bearish
52-week position
14%
Bearish
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Mixed
Trend (MA cross)
No cross
50d $416 › 200d $424 — 200d above 50d
Institutional flow
Distributing
22 of 2,030 funds reported for Sep 30 · net -46.6K sh shares · +1 new
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
2.10% of float · ▼ -6.1% MoM · 3.3 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
2,030 holders — mid 3-yr range
Price context
position in its 52-week range
Range low $370
Now $391 · 14%
Range high $517
vs 200-day avg -8%
vs 50-day avg -6%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Average levels of AUM for ETFs | $6.05T | the three months ended June 30, 2026 filing | +0.0% |
|
|
|||
| High-yield billed issuance | 169B | Three Months filing | — |
| Investment-grade billed issuance | 539B | Three Months filing | — |
| Other billed issuance | 560B | Three Months filing | — |
| Total billed issuance | 1.27T | Three Months filing | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Financial Data & Stock Exchanges — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
SPGI
this stock
S&P Global Inc.
|
$126.18B | — | +7.1% | 27.0 | 2.1% |
|
CME
Cme Group Inc.
|
$94.80B | -3.6% | +6.4% | 22.4 | 1.6% |
|
ICE
Intercontinental Exchange, Inc.
|
$86.63B | -7.3% | -2.1% | 21.8 | 1.1% |
|
MCO
Moodys Corp /De/
|
$81.18B | -13.6% | +16.6% | 29.7 | 1.6% |
|
LSEGY
London Stock Exchange Group plc
|
$52.46B | -12.4% | — | — | 0.0% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| SPGI | -1.3% | -11.9% | -2.8% | -0.9% | -20.9% |
| SPY | +1.2% | +0.6% | +11.6% | +1.6% | +13.6% |
| vs SPY | -2.5% | -12.5% | -14.4% | -2.5% | -34.6% |
Capital returns
Buyback program
· as of Jun 30, 2026
Authorized
shares 30.00M
Spent (derived)
shares 1.60M
Remaining
shares 28.40M
Spent
Remaining
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.