S&P Global Inc.

NYSE:SPGI 株式レポート

時価総額：US$123.0b

S&P Global 過去の業績

過去 基準チェック /46

S&P Globalは、平均年間10%の収益成長を遂げていますが、 Capital Markets業界の収益は、年間 成長しています。収益は、平均年間6.1% 14.4%収益成長率で 成長しています。 S&P Globalの自己資本利益率は14.2%であり、純利益率は30.4%です。

主要情報

9.96%

収益成長率

4.73%

EPS成長率

Capital Markets 業界の成長10.26%
収益成長率14.36%
株主資本利益率14.23%
ネット・マージン30.36%
前回の決算情報31 Mar 2026

最近の業績更新

Recent updates

Seeking Alpha • May 19

S&P Global: A Quality Compounder Unfairly Punished By The Market

Summary S&P Global is rated Buy after a 30% price drop, with AI disruption risks overstated. Market Intelligence faces moderate risk from AI, but SPGI’s proprietary data protect Capital IQ Pro and high switching costs and clients' regulatory and compliance risks protect software products. Ratings and Indices face much lower AI risk. These wonderful businesses gush cash with minimal reinvestment required, and contribute the lion's share of operating income. At a FWD non-GAAP PE of ~20 with projected double-digit EPS growth, SPGI offers an attractive PEGY of 1.54x and trades at a discount to competitors and its own history. Read the full article on Seeking Alpha
新しいナラティブ • May 08

Guidance Cuts and AI Concerns Shake S&P Global

S&P Global has strong long-term fundamentals, but in the near term, it faces AI-related uncertainty, slower growth expectations, and shifting investor sentiment. At its core, the softer guidance in the ratings segment is being interpreted as a signal about the broader economic environment.
ナラティブの更新 • Apr 25

SPGI: AI Competition Concerns Will Reset But Not Break Earnings Multiple

Analysts have trimmed the S&P Global fair value estimate by about $4 to $534. This reflects a series of recent price target cuts and slightly higher discount rate and P/E assumptions, while keeping revenue growth and margin expectations broadly similar.
新しいナラティブ • Apr 25

S&P Global (SPGI): Strategic AI Evolution and Ratings Recovery Signal a Solidly Valued Financial Powerhouse

S&P Global (SPGI) , the world’s foremost provider of credit ratings, benchmarks, and data analytics, enters the trading session on Saturday, April 25, 2026 , as the market anticipates its Q1 2026 earnings report scheduled for Tuesday, April 28, before market open. The company is navigating a "Defining Year" characterized by a rebound in global debt issuance and the broad-scale deployment of its Agentic AI initiative.
ナラティブの更新 • Apr 11

SPGI: AI Competition Concerns Will Shape Future Earnings Multiple

The analyst price target for S&P Global has been revised lower to $556, reflecting a broader wave of target cuts across the Street as analysts factor in a slightly lower discount rate, modestly adjusted long term growth and margin assumptions, and heightened competitive concerns around data and AI. Analyst Commentary Street research on S&P Global has turned more cautious overall, with several firms trimming price targets while still recognizing the company’s scale in ratings, data, and index services.
ナラティブの更新 • Mar 28

SPGI: Debt Issuance Strength And AI Tools Will Support Premium Earnings

Analysts have made a marginal upward revision to the S&P Global price target, reflecting a fair value move from about $537.90 to roughly $538.52. They cite recent strength in debt issuance volumes and a generally constructive view on long term growth in information and business services, despite renewed competitive concerns around market data and the impact of AI.
ナラティブの更新 • Mar 13

SPGI: Ratings Franchise And AI Data Platform Will Support Premium Earnings

Analysts have trimmed their average price targets on S&P Global into a roughly $550 to $575 range. This reflects slightly higher competitive concerns around data and AI while still generally supporting a premium valuation driven by steady growth expectations and a forward P/E near 31x.
ナラティブの更新 • Feb 26

SPGI: Ratings Strength And AI Data Integrations Will Support Earnings Quality

The analyst price target in our S&P Global model has been reset from about $610 to about $538, as analysts factor in more intense competition in market data, evolving views on the impact of AI, and a lower assumed future P/E multiple. This still sits alongside generally constructive Street research on longer term growth for information and business services companies.
ナラティブの更新 • Feb 11

SPGI: Ratings Strength And AI Data Expansion Will Support Earnings Quality

The updated analyst price target for S&P Global moves from approximately $505 to $611, as analysts factor in revised assumptions around discount rates, slightly different revenue growth expectations, higher profit margins, and a lower future P/E multiple. Analyst Commentary Recent Street research on S&P Global reflects a mix of higher and lower price targets, with analysts weighing nearer term execution risks against longer term earnings power and cash flow generation.
Seeking Alpha • Apr 29

S&P Global: Beyond Ratings, Index Innovation And Spin-Off Strategies Fuel Success

Summary S&P Global is attractive due to its strong free cash flow, diversified business segments, and resilience in a volatile market. The company's Q1 2025 earnings showed 8% revenue growth and a 12% increase in EPS, despite market uncertainties. S&P Global's valuation remains appealing, with a forward PE of 28 and strong growth prospects, making it a solid long-term investment. The announced spin-off and additional share repurchase program are expected to unlock further value and enhance stock performance. Read the full article on Seeking Alpha
Seeking Alpha • Mar 17

S&P Global: A Collection Of All-Star Businesses

Summary S&P Global's Ratings, Indices, and Commodity Insights units have strong moats and exceptional economics, making them core to the company's long-term growth. Market Intelligence, despite being the largest revenue source, has lower margins and its growth investments could be better allocated elsewhere. Mobility, a newer unit, shows potential but hasn't yet proven it can create a standardized language like the other three businesses. With a commitment to return 85% of free cash flow to shareholders and sustainable growth, S&P Global remains a strong long-term investment. Read the full article on Seeking Alpha
Seeking Alpha • Feb 11

S&P Global: Knockout Quarter And High Bar Set For 2025

Summary S&P Global's first earnings report under CEO Martina Cheung was flawless, with strong growth across all segments and significant margin expansion. Despite concerns about 2025, S&P Global provided ambitious guidance, expecting 5%-7% growth, with adjusted EPS above consensus and robust free cash flow. The company's monopolistic position and diversified segments make it a prime beneficiary of global GDP growth. At a fair valuation, S&P Global remains a 'Buy' for long-term investors, because of its long-term double-digit growth trajectory and ahead of consensus upgrades. Read the full article on Seeking Alpha
Seeking Alpha • Jan 16

S&P Global:  A High-Quality, Remarkably Profitable, Near-Monopolistic Business

Summary S&P Global has been a stable holding for Wedgewood, with consistent revenue and earnings growth despite economic volatility from 2020-2023. The company's business model thrives in low-interest rate environments, benefiting from increased corporate debt refinancing and capital market activity. Despite recent underperformance relative to benchmarks, S&P Global remains a high-quality, profitable growth business with a near-monopolistic market position. The long-term outlook for S&P Global is favorable, with expected benefits from future declining interest rates and a significant wave of debt refinancings. Read the full article on Seeking Alpha
Seeking Alpha • Jan 09

Overpriced Optimism: Why S&P Global's Valuation Deserves Scrutiny

Summary S&P Global's current EV/EBITDA multiple of 25 is overly optimistic, with future growth expectations likely unrealistic, potentially leading to a valuation correction. Analysts' growth estimates of 12% are based on historical data; a more realistic growth rate is 8%, indicating the stock is overvalued by 34%. Despite strong competitive advantages and shareholder returns, rising operational costs and debt could hinder future growth, making the stock a hold for existing investors. For new investors, the opportunity cost is high, and better alternatives are available, making S&P Global less attractive at current valuations. Read the full article on Seeking Alpha
Seeking Alpha • Dec 16

S&P Global: The Maturity Wall Presents A Huge Opportunity Heading Into 2025

Summary S&P Global's ratings segment is a high-margin, fortress-like business, poised to benefit from the upcoming debt maturity wall projected for the latter half of the decade. The debt maturity wall will drive new credit issuance, creating significant opportunities for S&P Global's ratings business, with peaks expected in 2026 and 2028. S&P Global's diversified segments, including indices and market intelligence, contribute to its robust, capital-light, and highly profitable business model, with consolidated operating margins around 40%. Despite competitive risks in market intelligence, S&P Global remains undervalued, presenting a rare buying opportunity given its stable cash flows and dominant market position. Read the full article on Seeking Alpha
Seeking Alpha • Nov 29

S&P Global: Cheaper Than Investors Realize

Summary S&P Global is undervalued at a forward P/E of 31x, with a 20% YTD performance. The Ratings segment, contributing one-third of revenue, has grown 36% YoY in Q3 2024, boosting profitability and EPS. Corporate debt maturity trends, with $7.3 trillion hitting maturity by 2026, ensure continued growth in the Ratings segment. Strong growth across all segments, improving profit margins, and a commitment to returning 85% of free cash flow to shareholders. Read the full article on Seeking Alpha
Seeking Alpha • Oct 24

S&P Global Q3: Accelerating Shares Buyback In Coming Weeks

Summary I reiterate a “Strong Buy” rating for S&P Global, with a fair value of $590 per share, driven by strong recovery in the rating business. S&P Global reported 16% revenue growth and 36% growth in its rating business, with plans to accelerate $1.3 billion in share repurchases. The company raised its full-year revenue and EPS guidance, projecting 12.5% revenue growth for FY24 and 10% organic growth from FY25 onwards. Key risks include new CFO Eric Aboaf and the divestiture of Fincentric, but strong debt refinancing demands and diversified high-growth areas support the rating. Read the full article on Seeking Alpha

収支内訳

S&P Global の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。

収益と収入の歴史

NYSE:SPGI 収益、費用、利益 ( )USD Millions
日付収益収益G+A経費研究開発費
31 Mar 2615,7304,7763,2120
31 Dec 2515,3364,4713,1290
30 Sep 2515,0124,2172,9350
30 Jun 2514,7004,0112,9670
31 Mar 2514,4943,9512,9490
31 Dec 2414,2083,8522,8820
30 Sep 2413,7683,5512,8370
30 Jun 2413,2763,3232,7000
31 Mar 2412,8282,8222,6520
31 Dec 2312,4972,6262,6400
30 Sep 2312,2822,4802,7490
30 Jun 2312,0592,3462,5800
31 Mar 2311,9522,8082,2240
31 Dec 2211,1813,2482,4740
30 Sep 2210,3323,4902,0420
30 Jun 229,5583,6781,9330
31 Mar 228,6703,5041,9610
31 Dec 218,2973,0241,4070
30 Sep 218,0762,8031,3470
30 Jun 217,8352,4611,3140
31 Mar 217,6722,4551,2790
31 Dec 207,4422,3391,2720
30 Sep 207,3102,4261,2170
30 Jun 207,1532,5891,1630
31 Mar 206,9142,3521,2140
31 Dec 196,6992,1231,2470
30 Sep 196,5012,0931,2610
30 Jun 196,3571,9721,3310
31 Mar 196,2621,8771,3440
31 Dec 186,2581,9581,2530
30 Sep 186,3091,7091,4460
30 Jun 186,2771,6271,4780
31 Mar 186,1771,5881,4760
31 Dec 176,0631,4961,4380
30 Sep 175,8741,7711,4480
30 Jun 175,8002,2491,4290
31 Mar 175,7732,2111,4300
31 Dec 165,6612,1061,4180
30 Sep 165,6371,8161,4040
30 Jun 165,5211,1771,3910
31 Mar 165,3811,1471,3900
31 Dec 155,3131,1561,3850
30 Sep 155,228-1001,4070
30 Jun 155,168-1651,4270

質の高い収益: SPGIは 高品質の収益 を持っています。

利益率の向上: SPGIの現在の純利益率 (30.4%)は、昨年(27.3%)よりも高くなっています。

フリー・キャッシュフローと収益の比較

過去の収益成長分析

収益動向: SPGIの収益は過去 5 年間で年間10%増加しました。

成長の加速: SPGIの過去 1 年間の収益成長率 ( 20.9% ) は、5 年間の平均 ( 年間10%を上回っています。

収益対業界: SPGIの過去 1 年間の収益成長率 ( 20.9% ) Capital Markets業界36.1%を上回りませんでした。

株主資本利益率

高いROE: SPGIの 自己資本利益率 ( 14.2% ) は 低い とみなされます。

総資産利益率

使用総資本利益率

過去の好業績企業の発掘

7D

1Y

7D

1Y

7D

1Y

企業分析と財務データの現状

データ最終更新日（UTC時間）
企業分析2026/05/22 10:22
終値2026/05/22 00:00
収益2026/03/31
年間収益2025/12/31

データソース

企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。

パッケージデータタイムフレーム米国ソース例
会社財務10年
  • 損益計算書
  • キャッシュ・フロー計算書
  • 貸借対照表
アナリストのコンセンサス予想+プラス3年
  • 予想財務
  • アナリストの目標株価
市場価格30年
  • 株価
  • 配当、分割、措置
所有権10年
  • トップ株主
  • インサイダー取引
マネジメント10年
  • リーダーシップ・チーム
  • 取締役会
主な進展10年
  • 会社からのお知らせ

* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。

特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。

分析モデルとスノーフレーク

本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。

シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。

業界およびセクターの指標

私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。

アナリスト筋

S&P Global Inc. 21 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。34

アナリスト機関
null nullArgus Research Company
Jeffrey MeulerBaird
Manav PatnaikBarclays