S&P Global Inc. (SPGI) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
Loading revenue history...
SPGI Revenue Growth
Revenue Breakdown (FY 2025)
SPGI's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
SPGI Revenue Analysis (2014–2025)
As of May 8, 2026, S&P Global Inc. (SPGI) generated trailing twelve-month (TTM) revenue of $15.73 billion, reflecting strong growth of +10.4% year-over-year. The most recent quarter (Q1 2026) recorded $4.17 billion in revenue, up 6.5% sequentially.
Looking at the longer-term picture, SPGI's 5-year compound annual growth rate (CAGR) stands at +15.6%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $15.34 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows SPGI's business is primarily driven by Market Intelligence Segment (37%), Ratings Segment (36%), and Indices Segment (14%).
When compared to Financial Services sector peers including MCO, ICE, and MSCI. Compare SPGI vs MCO →
SPGI Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| SPGICurrent | $15.7B | +10.4% | +15.6% | 42.2% | |
 MCO | $7.7B | - | - | 44.8% | |
 ICE | $12.6B | - | - | 38.7% | |
 MSCI | $3.1B | - | - | 54.7% | |
 LSE | $69M | - | - | 10.9% | |
 FDS | $2.3B | - | - | 32.2% |
SPGI Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $15.34B | - | $10.77B | 70.2% | $6.48B | 42.2% |
| 2024 | $14.21B | - | $9.82B | 69.1% | $5.58B | 39.3% |
| 2023 | $12.50B | - | $8.36B | 66.9% | $4.02B | 32.2% |
| 2022 | $11.18B | - | $7.43B | 66.4% | $4.94B | 44.2% |
| 2021 | $8.30B | - | $6.12B | 73.7% | $4.22B | 50.9% |
| 2020 | $7.44B | - | $5.35B | 71.9% | $3.62B | 48.6% |
| 2019 | $6.70B | - | $4.72B | 70.5% | $3.23B | 48.2% |
| 2018 | $6.26B | - | $4.42B | 70.6% | $2.79B | 44.6% |
| 2017 | $6.06B | - | $4.37B | 72.1% | $2.58B | 42.6% |
| 2016 | $5.66B | - | $3.89B | 68.7% | $3.34B | 59.0% |
Full SPGI Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See SPGI's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs SPGI Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare SPGI vs BRK-A
Side-by-side business, growth, and profitability comparison vs Berkshire Hathaway Inc..
Start ComparisonSPGI — Frequently Asked Questions
Quick answers to the most common questions about buying SPGI stock.
Is SPGI's revenue growth accelerating or slowing?
SPGI maintains +10.4% revenue growth, in line with its 5-year CAGR of +15.6%. TTM revenue stands at $15.7B. Growth rate remains consistent with historical average.
What is SPGI's long-term revenue growth rate?
S&P Global Inc.'s 5-year revenue CAGR of +15.6% reflects the sustained expansion pattern. Current YoY growth of +10.4% is near this long-term average.
How is SPGI's revenue distributed by segment?
SPGI reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.