# S&P Global Inc. (SPGI) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Financial Services / Capital Markets. Price $443.51, market value $130.7 billion.

## Valuation
- **P/E (trailing): 27.0×** (5-yr avg 37.1×, 3-yr avg 40.3×). S&P Global Inc. trades at 27.0× trailing earnings, well below its own five-year average of 37.1×: cheap by its own standards. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 21.9×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 1.17**. A PEG of 1.17 is in the range usually read as fairly priced for its growth.
- **Price / sales: 8.1×**. Each dollar of revenue is priced at 8.1×.
- **Price / book: 4.2×**. The shares trade at 4.2× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 4.3%** (5-yr avg 3.2%). Free cash flow equals 4.3% of the market value, above its five-year average of 3.2%, so the shares are cheaper on cash than they have usually been.
- **Earnings yield: 3.7%**. The inverse of the P/E: 3.7% of the price is earned each year.

## Profitability
- **Operating margin: 44.4%**. 44.4% of revenue is left after running the business, an exceptional level.
- **Net margin: 29.2%**. 29.2% of each dollar of sales reaches the bottom line.
- **Return on equity: 14.4%**. 14.4% on shareholders' equity is solid.
- **Return on invested capital: 13.3%**. Return on all capital, debt included, is 13.3%.
- **Return on assets: 8.0%**. Each dollar of assets produces 8.0% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 7.9%** (3-yr 11.1%/yr, 5-yr 15.6%/yr). Revenue grew 7.9% over the last year, against 15.6% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 18.7%** (3-yr 12.9%/yr, 5-yr 8.7%/yr). Earnings per share rose 18.7%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 29.5%/yr**. Free cash flow has compounded at 29.5% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.
- **Cash and short-term investments: $1.7 billion**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend yield: 0.87%** ($3.86 per share, trailing). S&P Global Inc. yields 0.87%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 26%** (21% of free cash flow). 26% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 12**. 12 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 7.5%/yr** (1-yr 5.5%). The dividend has grown 7.5% a year over five years.

## Analyst view
- **Analyst consensus: strong_buy** (20 analysts). 20 analysts cover S&P Global Inc.; the consensus is strong_buy, with an average price target of $520.30 (+17% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -12.7%** (YTD -9.9%, 3-mo 10.4%). The shares are down 12.7% over twelve months including dividends.
- **From 52-week high: -15.1%** (22.8% above the low). Trading 15% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 58**. An RSI of 58 is neutral.
- **Beta (1 yr): 0.34** (volatility 31%). Beta of 0.34 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=SPGI · Page: https://foliofundamentals.com/stocks/spgi

Not investment advice.