ES
MARKETS / NYSE / SPGI
NYSE · SERVICES-CONSUMER CREDIT REPORTING, COLLECTION AGENCIES · LARGE CAP

S&P Global Inc. SPGI

19 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY18 YEARS OF DIVIDEND GROWTH
Revenue · FY2025
$15.3B
▲ 7.9% vs FY2024
Dividend streak
18 yrs
Raised every year since 2008
EPS · FY25
$14.66
Dividend / sh · FY25
$3.84
Payout · FY25
26%
ROE · FY25
13.9%
Net margin · FY25
29.2%
Dividend coverage
3.8×
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Result
USD 15.3B
Revenue, FY2025 · full 19-year series below
Revenue Net income
48121615.34.52007201020132016201920222025
48121615.34.52016201920222025

29 cents of every revenue dollar became profit this year.

Per share
USD 14.66
Diluted EPS, FY2025
EPS Dividend
510153.8414.662007201020132016201920222025
510153.8414.662016201920222025

Earnings covered the dividend 3.8 times — the rest stayed in the company.

Profitability
13.9%
Return on equity, FY2025
ROE
20040060013.9%2007201020132016201920222025
20040060013.9%2016201920222025
Operating margin42.2%
Net margin29.2%
Return on assets7.4%

Each USD of equity produced 14 cents of profit this year.

Returned to shareholders
USD 6.2B
returned in FY2025 · dividends + net buybacks
Dividends paidUSD 1.2B
Net buybacksUSD 5.0B
Share of profit138.0%
Consecutive raises18 years

USD 1.2B in dividends and USD 5.0B in buybacks — 138% of the year's profit, so the payout drew on cash built up earlier.

Growth
+15.6% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+11.1%
+15.6%
+11.2%
+10.1%
Net income
+11.2%
+13.8%
+14.5%
+11.9%
EPS, diluted
+12.9%
+8.7%
+13.3%
+12.1%
Dividend / share
+5.0%
+7.5%
+11.3%
+9.8%
Returned to shareholders
−22.0%
+28.0%
+17.3%
+18.3%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.30B
Shares outstanding, FY2025
0.270.302007201020132016201920222025
0.260.302016201920222025
Change, 5 years+24.2%
Change, 10 years+12.7%

The share count grew 24% in five years — the same company, cut into more, smaller slices.

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Balance sheet
USD 61.2B
total assets, end of FY2025
Total assetsUSD 61.2B
EquityUSD 31.1B
CashUSD 1.7B
Gross debtUSD 13.1B
Net debtUSD 11.3B
Current ratio0.82×

Net debt stands at 36% of equity.

History
19 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
Revenue $B
15.3
14.2
12.5
11.2
8.3
7.4
6.7
6.3
6.1
5.7
5.3
5.1
4.7
4.3
4.0
3.6
5.9
6.4
6.8
Operating income $B
6.5
5.6
4.0
4.9
4.2
3.6
3.2
2.8
2.6
3.3
1.9
0.1
1.4
1.2
1.1
1.0
1.3
1.4
1.7
EBITDA $B
7.7
6.8
5.2
6.0
4.4
3.8
3.4
3.0
2.8
3.5
2.1
0.2
1.5
1.3
1.2
1.1
1.7
1.9
1.8
Income tax $B
1.4
1.1
0.8
1.2
0.9
0.7
0.6
0.6
0.8
1.0
0.5
0.2
0.4
0.4
0.4
0.3
0.4
0.5
0.6
Net income $B
4.5
3.9
2.6
3.2
3.0
2.3
2.1
2.0
1.5
2.1
1.2
−0.1
1.4
0.4
0.9
0.8
0.7
0.8
1.0
EPS, diluted $
14.66
12.35
8.23
10.20
12.51
9.66
8.60
7.73
5.78
7.94
4.21
−0.42
4.91
1.53
3.00
2.65
2.33
2.51
2.94
Dividend / sh $
3.84
3.64
3.60
3.32
3.08
2.68
2.28
2.00
1.64
1.44
1.32
1.20
1.12
1.02
1.00
0.94
0.90
0.88
0.82
Payout %
26
29
44
32
25
28
26
26
28
18
31
−283
22
225
32
35
38
35
27
ROE %
13.9
11.4
7.4
16.9
238.0
473.5
383.6
292.9
220.2
499.1
339.0
−12.9
133.1
38.4
49.0
40.8
46.7
62.3
·
Shares out B
0.30
0.31
0.31
0.32
0.24
0.24
0.24
0.25
0.25
0.26
0.27
0.27
0.27
·
·
·
·
·
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
55 of 55
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed