S&P Global Inc.

SPGI · CIK 0000064040

19 fiscal years · 69 SEC filings · every number carries its receipt

Revenue (FY)

$15.34B7.9%

FY2025

Net income (FY)

$4.47B16.1%

FY2025

Free cash flow (FY)

$5.46B2.0%

FY2025

Diluted EPS (FY)

$14.6618.7%

FY2025

The story, charted

The shape of the business

FY2007–FY2025 · hover any year for its receipt

Revenue & net incomeRevenueNet income

revenue 2.3× since FY2007 · net margin 15.0% → 29.2%

MarginsNet marginFCF margin

FY2025: net 29.2% · free cash flow 35.6% of revenue

Cash engineOperating cash flowFree cash flow

FY2025: $5.65B operating cash − $195.0M capex = $5.46B free cash flow

Returns on capitalReturn on equityReturn on assets

return on equity 62% (FY2008) → 14% (FY2025) · on assets 7.3%

Balance sheetLiabilitiesEquity

FY2025: $61.20B assets · $25.05B liabilities · $31.13B equity

The receipts

S&P Global Inc.

SPGI · CIK 0000064040

19 fiscal years · 69 SEC filings · every number carries its receipt

Revenue (FY)

$15.34B7.9%

FY2025

Net income (FY)

$4.47B16.1%

FY2025

Free cash flow (FY)

$5.46B2.0%

FY2025

Diluted EPS (FY)

$14.6618.7%

FY2025

The story, charted

The shape of the business

FY2007–FY2025 · hover any year for its receipt

Revenue & net incomeRevenueNet income

revenue 2.3× since FY2007 · net margin 15.0% → 29.2%

MarginsNet marginFCF margin

FY2025: net 29.2% · free cash flow 35.6% of revenue

Cash engineOperating cash flowFree cash flow

FY2025: $5.65B operating cash − $195.0M capex = $5.46B free cash flow

Returns on capitalReturn on equityReturn on assets

return on equity 62% (FY2008) → 14% (FY2025) · on assets 7.3%

Balance sheetLiabilitiesEquity

FY2025: $61.20B assets · $25.05B liabilities · $31.13B equity

The receipts