S&P Global (NYSE:SPGI) Issues Quarterly Earnings Results

S&P Global (NYSE:SPGI) issued its earnings results on Tuesday. The business services provider reported $4.30 EPS for the quarter, missing the consensus estimate of $4.32 by ($0.02), FiscalAI reports. The business had revenue of $3.92 billion during the quarter, compared to analyst estimates of $3.89 billion. S&P Global had a return on equity of 15.90% and a net margin of 28.10%.The business’s quarterly revenue was up 9.0% on a year-over-year basis. During the same period last year, the business earned $3.77 EPS. S&P Global updated its FY 2026 guidance to 19.400-19.650 EPS.

Here are the key takeaways from S&P Global’s conference call:

• S&P Global delivered a strong 2025 — revenue growth, operating margin expansion, and 14% adjusted EPS growth — while returning 113% of adjusted free cash flow, raising the dividend for the 53rd consecutive year and repurchasing >$5 billion of stock.
• Management guided 2026 to 6–8% organic constant-currency revenue growth, 50–75 bps of adjusted operating margin expansion (ex-Astra) and adjusted diluted EPS of $19.40–$19.65 (+9–10%), citing strong subscription momentum.
• The company is accelerating its AI and enterprise initiatives — led by Kensho and partnerships with major cloud/LLM providers — with >50% of data workflows automated and an Enterprise Data Office target to cut run-rate expenses by >20% by end of 2027.
• Management flagged market-sensitive headwinds for 2026: a difficult compare to record 2025 issuance (Ratings assumes build issuance up only low‑ to mid‑single digits with quarter-to-quarter volatility) and ongoing sanctions-related impacts in Energy (≈$3M Q4 headwind) that add near-term uncertainty.
• The Mobility spin is progressing (new name Mobility Global, confidential Form 10 filed, public filing/Investor Day and roadshow expected in Q2) and will remain consolidated in S&P Global results and guidance until the separation is complete.

S&P Global Stock Performance

SPGI stock traded down $26.97 during midday trading on Tuesday, hitting $417.22. 5,899,000 shares of the company traded hands, compared to its average volume of 2,316,971. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.34. The business has a 50 day simple moving average of $515.09 and a 200-day simple moving average of $514.84. The stock has a market capitalization of $126.33 billion, a price-to-earnings ratio of 30.34, a price-to-earnings-growth ratio of 1.87 and a beta of 1.20. S&P Global has a twelve month low of $395.88 and a twelve month high of $579.05.

S&P Global Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Investors of record on Wednesday, February 25th will be issued a $0.97 dividend. This is an increase from S&P Global’s previous quarterly dividend of $0.96. The ex-dividend date is Wednesday, February 25th. This represents a $3.88 annualized dividend and a yield of 0.9%. S&P Global’s dividend payout ratio is presently 27.93%.

Hedge Funds Weigh In On S&P Global

Several large investors have recently made changes to their positions in SPGI. Rehmann Capital Advisory Group increased its position in S&P Global by 1.2% in the 3rd quarter. Rehmann Capital Advisory Group now owns 1,925 shares of the business services provider’s stock worth $937,000 after buying an additional 22 shares during the period. CYBER HORNET ETFs LLC increased its position in S&P Global by 3.8% during the third quarter. CYBER HORNET ETFs LLC now owns 873 shares of the business services provider’s stock worth $425,000 after acquiring an additional 32 shares during the period. Moneta Group Investment Advisors LLC raised its stake in S&P Global by 2.4% during the 3rd quarter. Moneta Group Investment Advisors LLC now owns 1,355 shares of the business services provider’s stock valued at $659,000 after purchasing an additional 32 shares during the last quarter. San Luis Wealth Advisors LLC boosted its holdings in S&P Global by 8.3% in the 3rd quarter. San Luis Wealth Advisors LLC now owns 470 shares of the business services provider’s stock valued at $229,000 after purchasing an additional 36 shares during the period. Finally, Victory Financial Group LLC grew its position in S&P Global by 6.7% in the 3rd quarter. Victory Financial Group LLC now owns 586 shares of the business services provider’s stock worth $285,000 after purchasing an additional 37 shares during the last quarter. Institutional investors and hedge funds own 87.17% of the company’s stock.

More S&P Global News

Here are the key news stories impacting S&P Global this week:

• Positive Sentiment: Technical/analyst case for a rebound — Zacks notes SPGI is technically oversold after recent heavy selling, and highlights broad analyst agreement in revising earnings estimates higher, which could support a near-term trend reversal. Here’s Why S&P Global (SPGI) is Poised for a Turnaround After Losing 18.4% in 4 Weeks
• Positive Sentiment: Repeat technical signal — a prior Zacks piece reached similar conclusions (oversold + analyst revisions), reinforcing the narrative that selling may be exhausted and a bounce could occur if fundamentals re-accelerate. Down 18.9% in 4 Weeks, Here’s Why S&P Global (SPGI) Looks Ripe for a Turnaround
• Neutral Sentiment: Company Q4 & full‑year release — S&P Global published its Q4 and FY‑2025 results and supplemental materials; investors should review the release and slide deck for segment-level performance and management commentary. S&P Global Reports Fourth Quarter and Full-Year 2025 Results
• Neutral Sentiment: Deeper metrics review — Zacks looked at key Q4 metrics vs. estimates and year‑ago values to help parse which businesses drove revenue and margin changes; useful for investors assessing sustainability of growth. S&P Global (SPGI) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
• Neutral Sentiment: Pre-earnings coverage — brief previews (e.g., MSN) circulated ahead of the print; now superseded by the actual results but helpful for context on expectations. S&P Global (SPGI) reports earnings tomorrow: What to expect
• Negative Sentiment: Guidance short of consensus — management set FY‑2026 EPS guidance at $19.40–$19.65 vs. the Street near $19.90, and revenue guidance centered roughly around consensus but with a lower bound below it; this downward tilt to guidance is likely the primary driver of the stock weakness.
• Negative Sentiment: Mixed/ambiguous beat vs. miss headlines — the company reported $4.30 EPS for Q4; some outlets note it beat the consensus they track, while others (Zacks) list a small miss versus their $4.32 figure. The close-to-consensus print reduces the “clean beat” headline that often fuels rallies. S&P Global (SPGI) Q4 Earnings Miss Estimates

Wall Street Analyst Weigh In

SPGI has been the subject of several research reports. Mizuho raised their price target on shares of S&P Global from $637.00 to $643.00 and gave the stock an “outperform” rating in a report on Thursday, October 16th. BMO Capital Markets set a $546.00 price target on shares of S&P Global in a report on Friday, November 14th. JPMorgan Chase & Co. cut their price objective on S&P Global from $635.00 to $615.00 and set an “overweight” rating for the company in a report on Friday, October 31st. William Blair reissued an “outperform” rating on shares of S&P Global in a research report on Monday, November 17th. Finally, Evercore upped their target price on S&P Global from $629.00 to $632.00 and gave the stock an “outperform” rating in a research report on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating and sixteen have assigned a Buy rating to the company’s stock. Based on data from MarketBeat, S&P Global currently has a consensus rating of “Buy” and an average price target of $609.57.

About S&P Global

S&P Global is a leading provider of financial information, analytics and benchmark indices that serve investors, issuers, corporations and public institutions worldwide. The company operates through well-known businesses that include credit ratings, market intelligence and index licensing, as well as commodity and energy information services. Its products and services are used to assess creditworthiness, inform investment decisions, construct and track benchmark portfolios, and support risk and commodity market analysis.

S&P Global Ratings provides independent credit ratings, research and data used by fixed income investors and capital market participants to evaluate issuer and transaction risk.