S&P Global Inc.
SPGIAPI behind this page
SPGI FY 2025 request
Playground key active
/api/financials?ticker=SPGI&year=2025&quarter=4&full_year_mode=true
Pick an endpoint and run the request.Income Statement
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Revenue | 15,336 | 14,208 | +7.9% |
Show Product Lines breakouts |
|||
| Asset-linked fees | 1,206 | 1,046 | +15.3% |
| Asset-linked fees · Indices | 1,206 | 1,046 | +15.3% |
| Non-subscription / Transaction | 3,144 | 2,986 | +5.3% |
| Non-subscription / Transaction · Energy | 163 | 166 | -1.8% |
| Non-subscription / Transaction · Market Intelligence | 186 | 184 | +1.1% |
| Non-subscription / Transaction · Mobility | 325 | 310 | +4.8% |
| Non-subscription / Transaction · Ratings | 2,470 | 2,326 | +6.2% |
| Non-transaction | 2,054 | 1,858 | +10.5% |
| Non-transaction · Intersegment Elimination | -200 | -186 | -7.5% |
| Non-transaction · Ratings | 2,254 | 2,044 | +10.3% |
| Recurring variable | 623 | 579 | +7.6% |
| Recurring variable · Market Intelligence | 623 | 579 | +7.6% |
| Sales usage-based royalties | 444 | 393 | +13.0% |
| Sales usage-based royalties · Energy | 120 | 103 | +16.5% |
| Sales usage-based royalties · Indices | 324 | 290 | +11.7% |
| Subscription | 7,865 | 7,346 | +7.1% |
| Subscription · Energy | 2,016 | 1,873 | +7.6% |
| Subscription · Indices | 320 | 292 | +9.6% |
| Subscription · Market Intelligence | 4,107 | 3,882 | +5.8% |
| Subscription · Mobility | 1,422 | 1,299 | +9.5% |
Show Business Segments breakouts |
|||
| Energy · Operating Segments | 2,299 | 2,142 | +7.3% |
| Energy · Reportable Legal Entities | 2,299 | 2,142 | +7.3% |
| Energy · Reportable Legal Entities | 163 | 166 | -1.8% |
| Energy · Reportable Legal Entities | 2,136 | 1,976 | +8.1% |
| Indices · Intersegment Elimination | -11 | -11 | 0.0% |
| Indices · Operating Segments | 1,839 | 1,617 | +13.7% |
| Indices · Reportable Legal Entities | 1,850 | 1,628 | +13.6% |
| Indices · Reportable Legal Entities | 1,850 | 1,628 | +13.6% |
| Market Intelligence · Intersegment Elimination | -14 | -12 | -16.7% |
| Market Intelligence · Operating Segments | 4,902 | 4,633 | +5.8% |
| Market Intelligence · Reportable Legal Entities | 4,916 | 4,645 | +5.8% |
| Market Intelligence · Reportable Legal Entities | 186 | 184 | +1.1% |
| Market Intelligence · Reportable Legal Entities | 4,730 | 4,461 | +6.0% |
| Mobility · Operating Segments | 1,747 | 1,609 | +8.6% |
| Mobility · Reportable Legal Entities | 1,747 | 1,609 | +8.6% |
| Mobility · Reportable Legal Entities | 1,747 | 1,609 | +8.6% |
| Mobility · Reportable Legal Entities | 325 | 310 | +4.8% |
| Mobility · Reportable Legal Entities | 1,422 | 1,299 | +9.5% |
| Ratings · Intersegment Elimination | -175 | -163 | -7.4% |
| Ratings · Operating Segments | 4,549 | 4,207 | +8.1% |
| Ratings · Reportable Legal Entities | 4,724 | 4,370 | +8.1% |
| Ratings · Reportable Legal Entities | 2,470 | 2,326 | +6.2% |
| Ratings · Reportable Legal Entities | 2,254 | 2,044 | +10.3% |
Show Geography breakouts |
|||
| Asia | 1,640 | 1,491 | +10.0% |
| Europe | 3,531 | 3,256 | +8.4% |
| Rest Of World [Member] | 843 | 821 | +2.7% |
| US | 9,322 | 8,640 | +7.9% |
Show Legal Entity breakouts |
|||
| S&P/DJ Indices · Related Party | 193 | 192 | +0.5% |
Show Consolidation Items breakouts |
|||
| Intersegment Elimination | -200 | -186 | -7.5% |
| Intersegment Elimination · Transferred Over Time | -200 | -186 | -7.5% |
| Operating Segments | 15,336 | 14,208 | +7.9% |
| Reportable Legal Entities | 15,536 | 14,394 | +7.9% |
Show Timing Of Transfer Of Good Or Service breakouts |
|||
| Transferred At Point In Time | 3,144 | 2,986 | +5.3% |
| Transferred Over Time | 12,192 | 11,222 | +8.6% |
| Cost of Revenue | 4,563 | 4,361 | +4.6% |
| Selling, General & Administrative | 3,417 | 3,196 | +6.9% |
| Depreciation | 110 | 96 | +14.6% |
| Amortization Of Intangible Assets | 1,069 | 1,077 | -0.7% |
Show Finite Lived Intangible Assets By Major Class breakouts |
|||
| Customer Relationships | 542 | 542 | 0.0% |
| Databases and software | 341 | 350 | -2.6% |
| Other Intangible Assets | 75 | 74 | +1.4% |
| Trade Names | 111 | 111 | 0.0% |
| Total Costs & Expenses | 9,159 | 8,730 | +4.9% |
| Gain Loss On Sale Of Business | -273 | -59 | -362.7% |
Show Disposal Group Classification breakouts |
|||
| Disposal Group Disposed Of By Sale Not Discontinued Operations | -273 | -59 | -362.7% |
| Disposal Group Disposed Of By Sale Not Discontinued Operations · PrimeOne | -270 | -38 | -610.5% |
| Income Loss From Equity Method Investments | -28 | -43 | +34.9% |
| Operating Income | 6,478 | 5,580 | +16.1% |
Show Business Segments breakouts |
|||
| Energy · Operating Segments | 943 | 845 | +11.6% |
| Indices · Operating Segments | 1,271 | 1,103 | +15.2% |
| Market Intelligence · Operating Segments | 991 | 875 | +13.3% |
| Mobility · Operating Segments | 378 | 312 | +21.2% |
| Ratings · Operating Segments | 3,013 | 2,707 | +11.3% |
Show Consolidation Items breakouts |
|||
| Corporate Non Segment | 146 | 305 | -52.1% |
| Operating Segments | 6,596 | 5,842 | +12.9% |
| Other Non-Operating Income (Expense) | -36 | -25 | -44.0% |
| Interest Expense | 287 | 297 | -3.4% |
| Income Before Taxes | 6,227 | 5,308 | +17.3% |
| Income Tax Expense (Benefit) | 1,407 | 1,141 | +23.3% |
| Net Income | 4,820 | 4,167 | +15.7% |
| Income Loss From Continuing Operations Attributable To Noncontrolling Entity | -349 | -315 | -10.8% |
| Net Income | 4,471 | 3,852 | +16.1% |
| EPS (Basic) | 14.67 | 12.36 | +18.7% |
| EPS (Diluted) | 14.66 | 12.35 | +18.7% |
| Wtd Avg Shares (Basic) | 304.8 | 311.6 | -2.2% |
| Wtd Avg Shares (Diluted) | 305.1 | 311.9 | -2.2% |
| Common Stock Shares Outstanding | 298.8 | 307.8 | -2.9% |
| Comprehensive Income | 4,657 | 3,732 | +24.8% |
| Gain Loss On Investments | -14 | -1 | -1300.0% |
| Interest Income Expense Net (FY) | — | — | — |
Show Derivative Risk breakouts |
|||
| Cross Currency Interest Rate Contract · Net Investment Hedging | 46 | 41 | +12.2% |
Balance Sheet
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Current Assets | |||
| Cash & Cash Equivalents | 1,745 | 1,666 | +4.7% |
| Short-Term Investments | 56 | 20 | +180.0% |
| Accounts Receivable | 3,441 | 2,867 | +20.0% |
| Prepaid Expenses & Other Current Assets | 858 | 906 | -5.3% |
| Assets Of Disposal Group Including Discontinued Operation Current | 196 | — | — |
| Total Current Assets | 6,296 | 5,459 | +15.3% |
| Non-Current Assets | |||
| Property, Plant & Equipment | 278 | 265 | +4.9% |
| Operating Lease Right-of-Use Assets | 413 | 413 | 0.0% |
| Goodwill | 36,475 | 34,917 | +4.5% |
Show Business Segments breakouts |
|||
| Energy · Operating Segments | 5,563 | 5,550 | +0.2% |
| Indices · Operating Segments | 1,505 | 1,369 | +9.9% |
| Market Intelligence · Operating Segments | 19,662 | 18,306 | +7.4% |
| Mobility · Operating Segments | 8,858 | 8,858 | 0.0% |
| Ratings · Operating Segments | 164 | 259 | -36.7% |
Show Consolidation Items breakouts |
|||
| Corporate Non Segment | 723 | 575 | +25.7% |
| Defined Benefit Plan Assets For Plan Benefits Noncurrent | 254 | 246 | +3.3% |
Show Retirement Plan Type breakouts |
|||
| Pension Plans Defined Benefit | 254 | 246 | +3.3% |
| Other Non-Current Assets | 610 | 591 | +3.2% |
| Total Assets | 61,200 | 60,221 | +1.6% |
Show Business Segments breakouts |
|||
| Energy · Operating Segments | 8,543 | 8,636 | -1.1% |
| Indices · Operating Segments | 3,378 | 3,200 | +5.6% |
| Market Intelligence · Operating Segments | 31,234 | 29,478 | +6.0% |
| Mobility · Operating Segments | 12,974 | 13,222 | -1.9% |
| Ratings · Operating Segments | 1,137 | 1,056 | +7.7% |
Show Consolidation Items breakouts |
|||
| Corporate Non Segment | 3,738 | 4,629 | -19.2% |
| Operating Segments | 57,266 | 55,592 | +3.0% |
| Intangible Assets | 15,425 | 15,710 | -1.8% |
Show Finite Lived Intangible Assets By Major Class breakouts |
|||
| Customer Relationships | 11,530 | 11,728 | -1.7% |
| Databases and software | 2,491 | 2,474 | +0.7% |
| Other Intangible Assets | 350 | 353 | -0.8% |
| Trade Names | 1,054 | 1,155 | -8.7% |
| Other Assets | |||
| Property Plant And Equipment Gross | 1,139 | 1,088 | +4.7% |
| Accumulated Depreciation Depletion And Amortization Property Plant And Equipment | -861 | -823 | -4.6% |
| Intangible Assets Net Excluding Goodwill | 16,271 | 16,556 | -1.7% |
| Investments In Affiliates Subsidiaries Associates And Joint Ventures | 603 | 1,774 | -66.0% |
| Current Liabilities | |||
| Accounts Payable | 610 | 553 | +10.3% |
| Employee Related Liabilities Current | 988 | 1,073 | -7.9% |
| Debt Current | 718 | 4 | +17850.0% |
| Accrued Income Taxes Current | 180 | 199 | -9.5% |
| Deferred Revenue (Current) | 4,088 | 3,694 | +10.7% |
| Other Liabilities Current | 1,010 | 869 | +16.2% |
| Liabilities Of Disposal Group Including Discontinued Operation Current | 43 | — | — |
| Total Current Liabilities | 7,637 | 6,392 | +19.5% |
| Non-Current Liabilities | |||
| Long-Term Debt | 12,370 | 11,394 | +8.6% |
| Operating Lease Liabilities | 494 | 535 | -7.7% |
| Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent | 178 | 180 | -1.1% |
Show Retirement Plan Type breakouts |
|||
| Other Postretirement Benefit Plans Defined Benefit | 14 | 16 | -12.5% |
| Pension Plans Defined Benefit | 164 | 164 | 0.0% |
| Deferred Tax Liabilities | 3,262 | 3,397 | -4.0% |
| Other Non-Current Liabilities | 1,107 | 815 | +35.8% |
| Total Liabilities | 25,048 | 22,713 | +10.3% |
| Long-Term Debt | 13,088 | 11,398 | +14.8% |
Show Debt Instrument breakouts |
|||
| 1.25% Senior Notes, due 2030 · Senior Notes | 596 | 595 | +0.2% |
| 2.3% Senior Notes, due 2060 · Senior Notes | 683 | 683 | 0.0% |
| 2.45% Senior Notes, due 2027 · Senior Notes | 1,246 | 1,243 | +0.2% |
| 2.5% Senior Notes, due 2029 · Senior Notes | 498 | 497 | +0.2% |
| 2.70% Sustainability-Linked Senior Notes, due 2029 · Senior Notes | 1,241 | 1,238 | +0.2% |
| 2.90% Senior Notes, due 2032 · Senior Notes | 1,480 | 1,477 | +0.2% |
| 2.95% Senior Notes, due 2027 · Senior Notes | 499 | 498 | +0.2% |
| 3.25% Senior Notes, due 2049 · Senior Notes | 591 | 590 | +0.2% |
| 3.7% Senior Notes, due 2052 · Senior Notes | 976 | 975 | +0.1% |
| 3.9% Senior Notes, due 2062 · Senior Notes | 486 | 486 | 0.0% |
| 4.0% Senior Notes, due 2026 · Senior Notes | 3 | 3 | 0.0% |
| 4.25% Senior Notes, due 2029 · Senior Notes | 991 | 1,004 | -1.3% |
| 4.25% Senior Notes, due 2031 · Senior Notes | 595 | — | — |
| 4.5% Senior Notes, due 2048 · Senior Notes | 273 | 273 | 0.0% |
| 4.75% Senior Notes, due 2028 · Senior Notes | 784 | 797 | -1.6% |
| 4.80% Senior Notes, due 2035 · Senior Notes | 396 | — | — |
| 5.25% Senior Notes due 2033 · Senior Notes | 744 | 744 | 0.0% |
| 6.55% Senior Notes, due 2037 · Senior Notes | 291 | 291 | 0.0% |
Show Long-Term Debt Type breakouts |
|||
| Commercial Paper | 715 | — | — |
| Other Liabilities | |||
| Redeemable Noncontrolling Interest Equity Carrying Amount | 4,917 | 4,252 | +15.6% |
Show Business Segments breakouts |
|||
| Indices | 4,914 | — | — |
| Minority Interest | 108 | 97 | +11.3% |
| Stockholders' Equity | |||
| Common Stock | 415 | 415 | 0.0% |
| Additional Paid In Capital Common Stock | 44,117 | 44,321 | -0.5% |
| Retained Earnings | 23,666 | 20,977 | +12.8% |
| Accumulated Other Comprehensive Income | -697 | -883 | +21.1% |
| Treasury Stock Common Value | -36,374 | -31,671 | -14.8% |
| Total Stockholders' Equity | 31,127 | 33,159 | -6.1% |
| Stockholders Equity Including Portion Attributable To Noncontrolling Interest | 31,235 | 33,256 | -6.1% |
Show Equity Components breakouts |
|||
| Accumulated Defined Benefit Plans Adjustment | -386 | -372 | -3.8% |
| Accumulated Gain Loss Net Cash Flow Hedge Parent | 92 | 98 | -6.1% |
| Accumulated Other Comprehensive Income | -697 | -883 | +21.1% |
| Accumulated Other Comprehensive Income · Cash Flow Hedging | -5 | 1 | -600.0% |
| Accumulated Other Comprehensive Income · Interest Rate Swap | 98 | 99 | -1.0% |
| Accumulated Other Comprehensive Income · Net Investment Hedging | -234 | 33 | -809.1% |
| Accumulated Translation Adjustment | -403 | -609 | +33.8% |
| Additional Paid In Capital | 44,117 | 44,321 | -0.5% |
| Common Stock | 415 | 415 | 0.0% |
| Noncontrolling Interest | 108 | 97 | +11.3% |
| Parent | 31,127 | 33,159 | -6.1% |
| Retained Earnings | 23,666 | 20,977 | +12.8% |
| Treasury Stock Common | -36,374 | -31,671 | -14.8% |
| Total Liabilities & Equity | 61,200 | 60,221 | +1.6% |
| Buildings And Leasehold Improvements | 444 | 433 | +2.5% |
| Equipment And Furniture | 695 | 655 | +6.1% |
Cash Flow Statement
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Operating Activities | |||
| Provision For Doubtful Accounts | 39 | 43 | -9.3% |
| Deferred Income Taxes | -242 | -323 | +25.1% |
| Stock-Based Compensation | 236 | 247 | -4.5% |
| Restructuring Lease Impairment Charges And Other | 324 | 206 | +57.3% |
| Change in Accounts Receivable | -600 | -79 | -659.5% |
| Increase Decrease In Other Current Assets | 32 | -79 | +140.5% |
| Increase Decrease In Accounts Payable And Accrued Liabilities | -55 | 245 | -122.4% |
| Change in Deferred Revenue | 327 | 222 | +47.3% |
| Increase Decrease In Other Current Liabilities | -81 | -418 | +80.6% |
| Increase Decrease In Accrued Income Taxes Payable | 100 | 192 | -47.9% |
| Increase Decrease In Other Noncurrent Assets And Liabilities Net | -155 | 152 | -202.0% |
| Net Cash from Operations | 5,651 | 5,689 | -0.7% |
| Depreciation & Amortization | 1,179 | 1,173 | +0.5% |
Show Business Segments breakouts |
|||
| Energy · Operating Segments | 138 | 137 | +0.7% |
| Indices · Operating Segments | 43 | 42 | +2.4% |
| Market Intelligence · Operating Segments | 631 | 627 | +0.6% |
| Mobility · Operating Segments | 320 | 317 | +0.9% |
| Ratings · Operating Segments | 32 | 37 | -13.5% |
Show Consolidation Items breakouts |
|||
| Corporate Non Segment | 15 | 13 | +15.4% |
| Operating Segments | 1,164 | 1,160 | +0.3% |
| Investing Activities | |||
| Payments To Acquire Productive Assets | -195 | -124 | -57.3% |
| Payments To Acquire Businesses Net Of Cash Acquired | -2,023 | -305 | -563.3% |
| Proceeds From Divestiture Of Businesses Net Of Cash Divested | 1,549 | 168 | +822.0% |
| Payments For Proceeds From Short Term Investments | -35 | 6 | -683.3% |
| Net Cash from Investing | -704 | -255 | -176.1% |
| Financing Activities | |||
| Proceeds From Repayments Of Short Term Debt | 715 | — | — |
| Proceeds From Issuance Of Senior Long Term Debt | 993 | — | — |
| Repayments Of Senior Debt | -4 | -47 | +91.5% |
| Payments Of Dividends Common Stock | -1,170 | -1,134 | -3.2% |
| Payments Of Dividends Minority Interest | -321 | -287 | -11.8% |
| Share Repurchases | -5,001 | -3,301 | -51.5% |
Show Share Repurchase Program breakouts |
|||
| Stock Repurchases | -5 | -3.3 | -51.5% |
| Payment For Contingent Consideration Liability Financing Activities | -10 | -107 | +90.7% |
| Payment Tax Withholding Share Based Payment Arrangement Payment For Excise Tax Payments On Share Repurchases And Contingent Consideration | -132 | -122 | -8.2% |
| Net Cash from Financing | -4,930 | -4,998 | +1.4% |
| Supplemental | |||
| Interest Paid | 390 | 391 | -0.3% |
| Income Taxes Paid | 1,502 | 1,159 | +29.6% |
| Other Cash Flow | |||
| Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | 62 | -61 | +201.6% |
| Net Change in Cash | 79 | 375 | -78.9% |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | 1,745 | 1,666 | +4.7% |
Values in millions USD. Source: SEC EDGAR 10-K filing.