S&P Global Inc. (SPGI) — Financial statements
Income statement, balance sheet, and cash flow for S&P Global Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 15,336↑7.9% | 14,208↑13.7% | 12,497↑11.8% | 11,181↑34.8% | 8,297 | |
| Cost of Revenue | 4,563↑3.9% | 4,391↑6.0% | 4,141↑10.3% | 3,753↑72.2% | 2,180 | |
| Gross Profit | 10,773↑9.7% | 9,817↑17.5% | 8,356↑12.5% | 7,428↑21.4% | 6,117 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 3,417↑7.9% | 3,166↑0.2% | 3,159↓7.0% | 3,396↑96.4% | 1,729 | |
| Other Expenses | 878↓18.0% | 1,071↓9.0% | 1,177↑229.1% | -912↓646.1% | 167 | |
| Operating Expenses | 4,295↑1.4% | 4,237↓2.3% | 4,336↑74.6% | 2,484↑31.0% | 1,896 | |
| Total Costs & Expenses | 8,858↑2.7% | 8,628↑1.8% | 8,477↑35.9% | 6,237↑53.0% | 4,076 | |
| Operating Results | ||||||
| Operating Income | 6,478↑16.1% | 5,580↑38.8% | 4,020↓18.7% | 4,944↑17.1% | 4,221 | |
| Depreciation & Amortization | 1,179↑0.5% | 1,173↑2.6% | 1,143↑12.8% | 1,013↑469.1% | 178 | |
| EBITDA | 7,693↑13.5% | 6,778↑31.7% | 5,148↓14.5% | 6,019↑34.9% | 4,461 | |
| EBIT | 6,514↑16.2% | 5,605↑40.0% | 4,005↓20.0% | 5,006↑16.9% | 4,283 | |
| Interest & Other Income | ||||||
| Net Interest Income | -287↑3.4% | -297↑11.1% | -334↓9.9% | -304↓155.5% | -119 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 287↓3.4% | 297↓11.1% | 334↑9.9% | 304↑155.5% | 119 | |
| Non-Operating Income | -36↓44.0% | -25↓266.7% | 15↑124.2% | -62↑0.0% | -62 | |
| Other Income / Expenses | -251↑7.7% | -272↑22.1% | -349↓44.2% | -242↓324.6% | -57 | |
| Income Before Tax | 6,227↑17.3% | 5,308↑44.6% | 3,671↓21.9% | 4,702↑12.9% | 4,164 | |
| Income Tax Expense | 1,407↑23.3% | 1,141↑46.7% | 778↓34.1% | 1,180↑31.0% | 901 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 4,820↑15.7% | 4,167↑44.0% | 2,893↓17.9% | 3,522↑7.9% | 3,263 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 4,471↑16.1% | 3,852↑46.7% | 2,626↓19.2% | 3,248↑7.4% | 3,024 | |
| Bottom-Line Net Income | 4,471↑16.1% | 3,852↑46.7% | 2,626↓19.2% | 3,248↑7.4% | 3,024 | |
| EPS (Basic) | 14.67↑18.7% | 12.36↑49.8% | 8.25↓19.5% | 10.25↓18.4% | 12.56 | |
| EPS (Diluted) | 14.66↑18.7% | 12.35↑50.1% | 8.23↓19.3% | 10.20↓18.5% | 12.51 | |
| Weighted Average Shares | 305↓2.2% | 312↓2.1% | 318↑0.5% | 317↑31.6% | 241 | |
| Weighted Average Diluted Shares | 305↓2.2% | 312↓2.2% | 319↑0.1% | 319↑31.7% | 242 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.