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

Financial statements

Annual Quarterly (as reported)

USD in millions except per-share and share counts. Every value links to the filing it came from — hover for the us-gaap tag, click for the 10-K/10-Q on sec.gov.

USD millions	Q1 2026	Q3 2025	Q2 2025	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022	Q2 2022
Revenue	4,171	3,888	3,755	3,777	3,575	3,549	3,491	3,084	3,101	3,160	2,861	2,993
Net income	1,395	1,176	1,072	1,090	971	1,011	991	742	511	795	608	972
Diluted EPS	4.69	3.86	3.50	3.54	3.11	3.23	3.16	2.33	1.60	2.47	1.84	2.86
Diluted shares	298	305	306	308	312	313	314	318	320	322	331	339
Operating cash flow	1,037	—	—	953	—	—	948	—	—	594	—	—
Capital expenditures	27	—	—	43	—	—	24	—	—	28	—	—
Free cash flow	1,010	—	—	910	—	—	924	—	—	566	—	—
Cash & equivalents	1,810	1,672	1,847	1,469	1,696	2,038	1,543	1,645	1,561	1,402	1,387	3,571
Total assets	60,792	59,749	60,395	59,889	60,368	60,956	60,477	60,561	60,695	62,024	61,813	64,323
Total liabilities	24,587	22,051	22,434	22,164	21,977	21,972	22,228	21,537	21,626	22,252	21,414	21,523
Shareholders' equity	31,173	33,133	33,390	33,371	33,992	34,881	34,327	35,419	35,468	36,275	37,167	39,433

Figures as reported in SEC filings, normalized by stonks with the tag mapping shown on hover; missing tags render as “—”, never as zero. Free cash flow is derived (operating cash flow − capex) with both parents recorded in its lineage. Quarterly view shows as-reported 10-Q periods; Q4 synthesis ships in Phase 1. See methodology.