S&P Global Inc.
SPGI · Services-Consumer Credit Reporting, Collection Agencies · 296.0M shares · +7%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: $3.1B (gross $3.3B, SBC $171M)
Reference price $431.39 · est. market cap ~$127.7B — last insider purchase, 2026-05-01 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B80gen composite 73pct→80
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC
- Weak liquidityCurrent ratio 0.82 (<1)
- Strong balance sheetStrong balance sheet — $1.8B cash & investments
- Notable holderHeld by 6 notable fund(s): STATE STREET CORP, FMR LLC, GOLDMAN SACHS GROUP INC +3 more (as of 2026-03-31)
- New fund positionNotable fund(s) opened this quarter: Himalaya Capital Management LLC
Congressional trades
| Date | Member | Type | Owner | Amount |
|---|---|---|---|---|
| 2026-03-26 | Kean, Thomas H. · NJ07 | sell (partial) | self | $15K+ |
| 2026-01-14 | Allen, Richard W. · GA12 | buy | spouse | $15K+ |
STOCK Act Periodic Transaction Reports (U.S. House Clerk). Amounts are disclosed ranges, not exact figures.
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
70.2%
Operating margin
42.2%
Net margin
29.2%
Return on equity
14.4%
Return on assets
7.3%
ROIC
11.6%
Revenue growth (QoQ)
10.4%
Net-income growth
16.1%
Debt / equity
0.4×
Net debt / EBITDA
1.5×
Current ratio
0.8×
EBITDA
$7.7B
Tangible book value
-$21.6B
Cash & investments
$1.8B
Stock comp / revenue
1.5%
Leadership & compensation
| Name | Role | Latest total comp |
|---|---|---|
| Clay Catherine R | CEO, S&P Dow Jones Indices | — |
| Bhathena Firdaus | EVP, CTTO | — |
| Christopher CraigSVP | Controller; Former Interim Chief Financial Officer | $2M FY2025 |
| Craig Christopher | SVP and Controller | — |
| Eager William W | President, S&P Global Mobility | — |
| Eramo Mark | Co-Pres., Commodity Insights | — |
| Ernsberger David P | President, S&P Global Energy | — |
| Ganesan Girish | EVP, Chief People Officer | — |
| Kocherlakota Sitarama Swamy | EVP, Chief Digital Officer | — |
| Le Pallec Yann | President, S&P Global Ratings | — |
| Martina CheungPresident and ChiefExecutive Officer | Officer | $13M FY2025 |
| Moore Sally | EVP, Chief Client Officer | — |
| Saugata Saha | S&P Global Market Intelligence and Chief Enterprise Data Officer | $6M FY2025 |
| Steven KempsEVP | Chief Legal Officer | $5M FY2025 |
| Tavernier Edouard | President, S&P Global Mobility | — |
| Twomey Christina | Chief Communications Officer | — |
| William EagerPresident | S&P Global Mobility | $6M FY2025 |
| Alvera Marco | Director | — |
| Gay Huey Evans | Director | $150K FY2025 |
| Gregory Washington | Director | $405K FY2025 |
| Ian Livingston | Director | $518K FY2025 |
| Jacques Esculier | Director | $355K FY2025 |
| Joly Hubert | Director | — |
| Marco Alverà | Director | $368K FY2025 |
| Maria Morris | Director | $414K FY2025 |
| Moritz Robert Edward Jr. | Director | — |
| Peterson Douglas L. | Director | — |
| Rebecca Jacoby | Director | $425K FY2025 |
| Richard Thornburgh | Director | $268K FY2025 |
| Robert Kelly | Director | $145K FY2025 |
| Stephanie Hill | Director | $364K FY2025 |
| William Green | Director | $399K FY2025 |
Officers & directors from SEC filings (Form 4 + DEF 14A proxy); compensation is the latest reported fiscal year.
Insider transactions · last 6 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-01 | Clay Catherine R | Buy | 2.5K | $431.39 |
| 2026-04-30 | Moritz Robert Edward Jr. | Buy | 1.2K | $434.03 |
| 2026-04-29 | CHEUNG MARTINA | Buy | 2.3K | $429.93 |
| 2026-04-01 | Craig Christopher | Option exercise | 1.5K | $425.17 |
| 2026-04-01 | Craig Christopher | Tax withheld | 756 | $425.17 |
| 2026-03-01 | Aboaf Eric W. | Option exercise | 1.1K | $441.88 |
| 2026-03-01 | Aboaf Eric W. | Tax withheld | 479 | $441.88 |
| 2026-02-24 | Le Pallec Yann | Grant | 1.7K | — |
| 2026-02-24 | Le Pallec Yann | Tax withheld | 902 | $418.27 |
| 2026-02-24 | Ganesan Girish | Grant | 1.2K | — |
| 2026-02-24 | Ganesan Girish | Tax withheld | 495 | $418.27 |
| 2026-02-24 | Twomey Christina | Tax withheld | 191 | $418.27 |
| 2026-02-24 | Moore Sally | Grant | 3.8K | — |
| 2026-02-24 | Moore Sally | Tax withheld | 1.8K | $418.27 |
| 2026-02-24 | Saha Saugata | Grant | 7.6K | — |
| 2026-02-24 | Saha Saugata | Tax withheld | 3.8K | $418.27 |
| 2026-02-24 | Craig Christopher | Grant | 1.5K | — |
| 2026-02-24 | Craig Christopher | Tax withheld | 583 | $418.27 |
| 2026-02-24 | CHEUNG MARTINA | Grant | 12K | — |
| 2026-02-24 | CHEUNG MARTINA | Tax withheld | 6.3K | $418.27 |
| 2026-02-24 | Kemps Steven J | Grant | 7.6K | — |
| 2026-02-24 | Kemps Steven J | Tax withheld | 2.9K | $418.27 |
| 2026-02-24 | Twomey Christina | Grant | 546 | — |
| 2026-02-24 | Eager William W | Grant | 1.9K | — |
| 2026-02-24 | Eager William W | Tax withheld | 852 | $418.27 |
| 2026-02-24 | Eager William W | Grant | 9.1K | — |
| 2026-02-24 | Eager William W | Tax withheld | 4.1K | $418.27 |
| 2026-02-24 | Ernsberger David P | Grant | 1.5K | — |
| 2026-02-24 | Ernsberger David P | Tax withheld | 709 | $418.27 |
| 2026-02-12 | Craig Christopher | Option exercise | 768 | $397.20 |
| 2026-02-12 | Craig Christopher | Tax withheld | 277 | $397.20 |
| 2026-02-11 | Joly Hubert | Buy | 2.3K | $398.94 |
| 2026-02-11 | Joly Hubert | Buy | 199 | $399.49 |
| 2026-02-01 | Eager William W | Option exercise | 254 | $527.79 |
| 2026-02-01 | Eager William W | Tax withheld | 115 | $527.79 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-07-06 | Reg FDExhibits | filing ↗ |
| 2026-07-06 | Exec/director changeReg FDExhibits | filing ↗ |
| 2026-07-02 | Material agreementAcquisition/dispositionOtherExhibits | filing ↗ |
| 2026-05-26 | Exec/director changeReg FDExhibits | filing ↗ |
| 2026-05-21 | Shareholder vote | filing ↗ |
| 2026-05-21 | OtherExhibits | filing ↗ |
| 2026-05-20 | OtherExhibits | filing ↗ |
| 2026-05-18 | OtherExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K/A | 2026-07-06 | 2026-07-01 | 0001104659-26-080571 ↗ |
| 8-K | 2026-07-06 | 2026-07-01 | 0001104659-26-080751 ↗ |
| 8-K | 2026-07-02 | 2026-06-30 | 0001104659-26-080005 ↗ |
| 8-K | 2026-05-26 | 2026-05-19 | 0000064040-26-000031 ↗ |
| 8-K | 2026-05-21 | 2026-05-20 | 0001104659-26-064848 ↗ |
| 8-K | 2026-05-21 | 2026-05-20 | 0000064040-26-000028 ↗ |
| 8-K | 2026-05-20 | 2026-05-19 | 0001104659-26-063972 ↗ |
| 8-K | 2026-05-18 | 2026-05-18 | 0001104659-26-063054 ↗ |
| 8-K | 2026-05-12 | 2026-05-12 | 0001104659-26-058908 ↗ |
| 8-K | 2026-05-07 | 2026-05-07 | 0001104659-26-057215 ↗ |
| 10-Q | 2026-04-28 | 2026-03-31 | 0000064040-26-000024 ↗ |
| 8-K | 2026-04-28 | 2026-04-28 | 0000064040-26-000019 ↗ |