Why did S&P Global (SPGI) stock move recently?

On 7/21/2026, S&P Global moved -3.8% — S&P Global shares declined with the broader market in a risk-off session amid escalating U.S.-Iran geopolitical tensions and deteriorating AI/tech sentiment, with no company-specific news or filings today (earnings scheduled for July 28). This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is S&P Global (SPGI) overvalued or fairly valued?

MarketChacha shows S&P Global's valuation in context — a trailing P/E of about 28.4, a forward P/E of about 22.3, a price-to-book of about 4.2 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does S&P Global's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.37×) from reported figures — education, not a rating.

What is S&P Global's revenue?

S&P Global reported revenue of $15.3B for FY2025, with net profit of $4.5B, per official filings.

What is the share price of S&P Global (SPGI)?

S&P Global last traded at $443.51 (+2.7% on the day), as of 9/4/2026 — a delayed quote shown for education, not investment advice.

S&P Global

SPGI · NYSE · Financial Data · United States

Snapshot

TickerSPGI

ExchangeNYSE

SectorFinancial Data

IndustryFinancial Data & Stock Exchanges

CountryUnited States

CEOMs. Catherine R. Clay

Employees44,500

HeadquartersNew York, United States

Websitewww.spglobal.com

Filings tracked25

About S&P Global

S&P Global Inc., together with its subsidiaries, provides benchmarks, data, analytics, and workflow solutions in the global capital, energy and commodity, and automotive markets. It operates through four segments: S&P Global Market Intelligence, S&P Global Ratings, S&P Global Energy, and S&P Dow Jones Indices. The S&P Global Market Intelligence segment provides multi-asset-class data and analytics integrated with purpose-built workflow solutions. This segment offers Data, Analytics & Insights, a desktop product suite that provides data, analytics, and third-party research for global finance and corporate professionals; research, reference data, market data, derived analytics, and valuation services; enterprise solutions, such as software and workflow solutions; and credit and risk solutions for selling Ratings' credit ratings and related data and research, analytics, and financial risk solutions. The S&P Global Ratings segment operates as an independent provider of credit ratings, research, and analytics offering investors information and independent benchmarks for their investment and financial decisions as well as access to the capital markets. The S&P Global Energy segment provides information and benchmark prices for the energy and commodity markets. The S&P Dow Jones Indices segment operates as an index provider that maintains various valuation and index benchmarks for investment advisors, wealth managers, and institutional investors. It has operations in the United States, European region, Asia, and internationally. S&P Global Inc. was founded in 1860 and is headquartered in New York, New York.

Who owns it

Insiders0.1%
Institutions90.9%
Public & other9.0%

2,862 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.8.13%
Vanguard Capital Management LLC6.55%
State Street Corporation4.91%
TCI Fund Management Ltd4.78%
Morgan Stanley2.48%
Geode Capital Management, LLC2.34%
Vanguard Portfolio Management LLC2.13%
Wellington Management Group, LLP1.81%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion1.37×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend21.0% → 29.2%

Margin has expanded by about 8.1 points — the business is getting more profitable.

Growth qualityrev 11% · PAT 30%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $3.6B · EPS 4.08

Est. earnings growth -5.1%

Next fiscal year

Rev $15.6B · EPS 20.21

Est. earnings growth +13.1%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$15.3B

Net margin

29.2%

ROE

14.4%

Revenue CAGR (2y)

+10.8%

Profit CAGR (2y)

+30.5%

EPS (FY2025)

14.66

Net profit (FY2025)

$4.5B

Ask MarketChacha about SPGI

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Jul 21, 2026
S&P Global shares declined with the broader market in a risk-off session amid escalating U.S.-Iran geopolitical tensions and deteriorating AI/tech sentiment, with no company-specific news or filings today (earnings scheduled for July 28).
source 1 ↗source 2 ↗· confidence: medium

Daily moves with the verified reason behind them. Education only — not investment advice.

On MarketChacha

Posts about SPGI

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$15.3B	$4.5B	14.66	29.2%	14.4%
FY2024	$14.2B	$3.9B	12.35	27.1%	11.6%
FY2023	$12.5B	$2.6B	8.23	21.0%	7.7%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q1	$4.2B	$1.4B	4.69	33.4%
2025Q3	$3.9B	$1.2B	3.86	30.2%
2025Q2	$3.8B	$1.1B	3.50	28.5%
2025Q1	$3.8B	$1.1B	3.54	28.9%
2024Q3	$3.6B	$971.0M	3.11	27.2%
2024Q2	$3.5B	$1.0B	3.23	28.5%
2024Q1	$3.5B	$991.0M	3.16	28.4%
2023Q3	$3.1B	$742.0M	2.33	24.1%
2023Q2	$3.1B	$511.0M	1.60	16.5%
2023Q1	$3.2B	$795.0M	2.47	25.2%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-Q filing
SEC7/28/2026
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC7/28/2026material
8-K/A — Reg FD disclosure, Exhibits
SEC7/6/2026
8-K — Executive/director change, Reg FD disclosure, Exhibits
SEC7/6/2026material
8-K — Material agreement, Completion of acquisition/disposition, Other events, Exhibits
SEC7/2/2026material
8-K — Executive/director change, Reg FD disclosure, Exhibits
SEC5/26/2026material
8-K — Other events, Exhibits
SEC5/21/2026material
8-K — Shareholder vote results
SEC5/21/2026material
8-K — Other events, Exhibits
SEC5/20/2026material
8-K — Other events, Exhibits
SEC5/18/2026material
8-K — Reg FD disclosure, Exhibits
SEC5/12/2026material
8-K — Reg FD disclosure, Exhibits
SEC5/7/2026material
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC4/28/2026material
10-Q filing
SEC4/28/2026
10-K filing
SEC2/11/2026
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC2/10/2026material
8-K/A — Executive/director change
SEC1/14/2026

2025

8-K — Executive/director change, Exhibits
SEC12/16/2025material
8-K — Material agreement, Material financial obligation, Exhibits
SEC12/4/2025material
8-K — Other events, Exhibits
SEC12/1/2025material
8-K — Reg FD disclosure, Exhibits
SEC11/13/2025material
8-K — Executive/director change, Exhibits
SEC11/10/2025material
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC10/30/2025material
10-Q filing
SEC10/30/2025
10-Q filing
SEC8/1/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.