S&P Global (SPGI): analysis in plain words
Is S&P Global cheap or expensive? How it makes money, whether it grows and its risks, explained in plain words and with its official accounts.
S&P Global (SPGI) is listed on the NYSE and we classify it in financial services and payments. Below are its key dated figures, how it makes money, how it compares with its sector, what works for and against S&P Global according to those figures, and the questions people ask most about the stock. No buy or sell tips.
S&P Global (SPGI) key figures as of November 4, 2026
| Figure | Value | What it measures |
|---|---|---|
| Share price | $481.69 | Last price on November 4, 2026 |
| P/E ratio (TTM) | 28.8x | Price over earnings per share |
| Revenue growth | +6.8% | Latest quarter vs the same quarter a year earlier |
| Net margin (TTM) | 30.6% | Profit for every 100 of sales |
| Net debt / EBITDA | 1.3x | Years of operating profit to repay debt |
| Dividend yield | 0.83% | Annual dividend over price |
| Market cap | $139.6 billion | What the stock market values it at |
The S&P Global figures come from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026. Any SPGI figure that is not available shows as N/A: we do not estimate it.
How S&P Global makes money
S&P Global makes money rating corporate and government debt through S&P Global Ratings, selling financial data via Market Intelligence, licensing stock indexes like the Dow Jones through S&P Dow Jones Indices and publishing commodity price benchmarks through Commodity Insights. Ratings and Market Intelligence are its largest segments.
Over the last 12 months, S&P Global brought in revenue of $16.3 billion. For every 100 it sells, S&P Global keeps 71.0 after the direct cost of what it sells (gross margin) and 48.2 after all operating costs (operating margin).
S&P Global against its sector
| Figure | S&P Global | financial services and payments median |
|---|---|---|
| P/E | 28.8x | 27.9x (21) |
| Revenue growth | +6.8% | +12.4% (24) |
| Net margin | 30.6% | 25.8% (24) |
| Dividend yield | 0.83% | 0.81% (24) |
| Net debt / EBITDA | 1.3x | 0.6x (13) |
In short, against the typical financial services and payments company, S&P Global grows more slowly, earns a wider margin and carries more debt. By size, S&P Global ranks number 7 of 22 financial services and payments companies quoted in USD on Fintols.
The bull case for S&P Global
These are the strengths in the S&P Global figures as of November 4, 2026:
- Its net margin over the last 12 months is 30.6% (sector median: 25.8%): S&P Global turns a large share of its sales into profit.
- Analysts expect S&P Global earnings to rise: its P/E on the next 12 months of estimated earnings is 23.9x, below the current 28.8x.
The main risk for S&P Global
The S&P Global figures as of November 4, 2026 show no clear red flag (no heavy debt, no losses, no falling sales). Its main risk is the one built into its business: a drop in the payment, investment or trading volumes it earns fees on, plus regulation.
Frequently asked questions about S&P Global
Is it a good time to buy S&P Global stock?
Fintols does not tell you whether to buy or sell S&P Global, and nobody knows what the price will do tomorrow. What we can show you is where it stands today. As of November 4, 2026, S&P Global stock trades at $481.69, 8% below its 52-week high ($522.47) and 33% above its low ($361.03). Its P/E is 28.8x against a financial services and payments median of 27.9x, and 23.9x on the earnings analysts expect over the next 12 months. With S&P Global, as with any stock, timing matters less than understanding the business, investing for the long run and not betting everything on a single company.
Does S&P Global pay a dividend?
Yes. As of November 4, 2026, S&P Global pays $3.88 per share a year, which at today's price is a yield of 0.83%. It uses 22% of its profit to pay it, which leaves room to keep paying it if profit dips.
Is S&P Global stock expensive?
It depends on what you compare it with. On P/E, S&P Global trades at 28.8x its last 12 months of earnings: in line with the financial services and payments median (27.9x). A high P/E alone does not make S&P Global expensive: it can be justified if earnings grow fast, and a low one can reflect a business in trouble.
Who are S&P Global's competitors?
On Fintols we compare S&P Global with Capital One, Charles Schwab and KKR, which are also in financial services and payments. Each has a side-by-side comparison with S&P Global below.
S&P Global competitors
- Capital One (COF) analysis · S&P Global vs Capital One comparison
- Charles Schwab (SCHW) analysis · S&P Global vs Charles Schwab comparison
- KKR (KKR) analysis · S&P Global vs KKR comparison
To understand S&P Global better
- Economic Moats Explained: From Warren Buffett to AI
- P/E Ratio and EPS Explained: How to Read Them Without Traps
More companies like S&P Global: financial services and payments stocks and S&P 500 companies. Open the full SPGI analysis with its valuation and scenarios. Educational content about S&P Global, not investment advice.