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S&P Global Inc
🇺🇸 SPGI · NYSE/NASDAQ · US78409V1044
Bank
USD 401.65 price at analysis
Scores
Key Metrics
Powered by EODHDP/E (TTM)
25.4
P/E (Price-to-Earnings)Shows how much investors pay for each $1 of profit. We display the TTM P/E (Trailing Twelve Months) which uses actual earnings from the last 4 quarters. This is more reliable than Forward P/E which uses analyst estimates.
Calculation: 401.65 ÷ 15.81 = 25.4
TTM period through: 2026-03-31
Forward P/E (estimated): 20.2
Based on analyst estimates
Reference: Provider P/E (Trailing): 25.0
Net Debt/EBITDA (TTM)
1.5x
Latest quarter: 5.2x
Net Debt / EBITDAA leverage ratio showing how many years of EBITDA (earnings before interest, taxes, depreciation, and amortization) it would take to repay net debt. EBITDA approximates operating cash generation. Lower ratios (e.g., <3x) are generally safer; higher (e.g., >5x) may indicate more financial risk.
TTM through: 2026-03-31
Latest quarter (2026-03-31): 5.2x
The quarterly value can spike when quarterly EBITDA is very low (e.g., one-time charges).
Quick guide: <2x manageable, >4x can be risky (sector-dependent).
ROE
13.9%
ROE (Return on Equity)A profitability measure: how much profit is generated from shareholders’ equity. Higher isn’t always better if it comes from high debt.
EV/EBITDA
15.8x
EV/EBITDAA valuation ratio that compares total business value (including debt) to EBITDA. Lower can mean cheaper, but context matters.
Dividend Summary
Powered by EODHDDividend Yield (Fwd)
0.97%
TTM: 0.96%
Dividend YieldThe Forward yield (Fwd) shows the next announced annual dividend / current price — what you'd earn going forward. The Trailing yield (TTM) in the tooltip shows dividends actually paid in the last 12 months. Forward is shown as primary because it reflects the company's current commitment to shareholders.
Forward Yield (estimated): 0.97%
Trailing Yield (TTM, last 12 months): 0.96%
Payout Ratio (Fwd)
24.6%
TTM: 24.4%
Payout RatioDividends as a percentage of earnings. The Forward payout (Fwd) uses the announced dividend divided by actual past earnings (TTM) — it tells you if the company can afford what it promised. Very high payouts can be risky, especially if profits fall.
Announced dividend / actual earnings (TTM)
Payout (Fwd): 24.6%
Payout (TTM): 24.4%
Cash Flow Payout (TTM): 20.3%
FCF Coverage (TTM): 4.78x
Growth Streak
9 yrs
Consec. increases
Div. Growth (5Y)
7.6%
Dividend History
EODHD Dividends API| Status | Type | Decl. Date | Ex-Div Date | Pay Date | Currency | Amount |
|---|---|---|---|---|---|---|
| Forecast* | Quarterly | — | 29 May 2027 | — | USD | 0.97 |
| Forecast* | Quarterly | — | 25 Feb 2027 | — | USD | 0.97 |
| Forecast* | Quarterly | — | 25 Nov 2026 | — | USD | 0.96 |
| Declared | Quarterly² | 22 Jun 2026 | 26 Aug 2026 | 10 Sep 2026 | USD | 0.97 |
| Paid | Quarterly | 19 May 2026 | 29 May 2026 | 10 Jun 2026 | USD | 0.97 |
| Paid | Quarterly | 14 Jan 2026 | 25 Feb 2026 | 11 Mar 2026 | USD | 0.97 |
| Paid | Quarterly | 16 Sep 2025 | 25 Nov 2025 | 10 Dec 2025 | USD | 0.96 |
| Paid | Quarterly | 25 Jun 2025 | 26 Aug 2025 | 10 Sep 2025 | USD | 0.96 |
* Extrapolated from past dividend history. Not an official announcement — treat as an estimate, not a confirmed date or amount.
² Type not provided by EODHD — inferred from historical payment data.
Summary
S&P Global is a dominant financial data and credit rating oligopoly offering essential B2B services with an exceptional competitive moat and robust margins. While the company boasts stellar fundamentals, a pristine balance sheet, and a highly secure growing dividend, current valuation multiples offer limited upside. Existing shareholders should maintain positions given the immense business quality, but new investors may want to monitor for broader market pullbacks that could provide a more attractive entry point.
Sector Context
S&P Global operates as a dominant provider of credit ratings, financial benchmarks, and analytics for global capital markets. While categorized within the broader financial sector, its asset-light B2B data model provides exceptional recurring free cash flow and operates as a virtual oligopoly with massive barriers to entry, though it typically trades at premium valuation multiples compared to traditional banks.
📊 Strategy Analysis
- • Dominant oligopoly position in credit ratings and financial data with immense pricing power, reflected in exceptional EBITDA margins of 51.7%.
- • Pristine balance sheet with Net Debt/EBITDA of just 1.49x and a highly secure dividend covered easily by free cash flow (Payout ratio of 20.9%).
- • Consistent track record of value creation, demonstrated by a 10-year revenue CAGR of 10.5% and a 10-year dividend growth CAGR of 11.6%.
⚠ What to Watch
- • Current valuation (P/E 25.4x) is heavily elevated relative to the strategy's target range of 8-15x, offering limited margin of safety for new capital.
- • The 0.96% dividend yield falls significantly short of the 3% minimum requirement for immediate high-yield income.
- • Ongoing CUSIP antitrust litigation and tightening EU ESG regulations pose long-term structural risks to specific high-margin reference data divisions.
📊 Historical Trends (10 Years)
Powered by EODHDThese charts show how key metrics have evolved over the past decade, helping you identify if the company is improving or deteriorating.
Debt Evolution (Net Debt / EBITDA)
Lower values are better. A declining trend indicates the company is reducing its debt (deleveraging).
Revenue & Earnings Growth
Consistent growth in revenueRevenue
The money a company brings in from selling its products or services. It’s the top line before costs. (blue) and earningsEarnings (Profit)
What’s left after expenses. Positive earnings mean the business made a profit; negative means a loss. (green) indicates a healthy business. Look for upward trends and recoveries after temporary dips.
Dividend Sustainability (FCF vs Dividends Paid)
Free cash flowFree Cash Flow
Cash left after the company pays for running the business and maintaining it. Often used to fund dividends, pay debt, or buy back shares. (FCFFCF (Free Cash Flow)
Short for Free Cash Flow: cash left after operating needs and maintenance spending., blue) should cover dividends paidDividends Paid
Cash the company paid out to shareholders. It’s not guaranteed and can change over time. (green). If dividends consistently exceed FCFFCF (Free Cash Flow)
Short for Free Cash Flow: cash left after operating needs and maintenance spending., the dividend may be at risk.
Analysis date: 2026-06-27
Disclaimer: This information is for educational purposes only. Not financial advice.