S&P Global
Market Cap
US$66.3b
Last Updated
2019/12/14 23:41 UTC
Data Sources
Company Financials +
Executive Summary
S&P Global Inc., together with its subsidiaries, provides ratings, benchmarks, analytics, and data to the capital and commodity markets worldwide.
Rewards
Risk Analysis
No risks detected for SPGI from our risk checks.
Snowflake Analysis
Proven track record average dividend payer.
Similar Companies
Share Price & News
How has S&P Global's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SPGI has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-1.2%
SPGI
0.1%
US Capital Markets
0.6%
US Market
1 Year Return
62.8%
SPGI
22.4%
US Capital Markets
20.8%
US Market
Return vs Industry: SPGI exceeded the US Capital Markets industry which returned 22.4% over the past year.
Return vs Market: SPGI exceeded the US Market which returned 20.8% over the past year.
Shareholder returns
| SPGI | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.2% | 0.1% | 0.6% |
| 30 Day | 4.3% | 4.6% | 2.5% |
| 90 Day | 8.5% | 6.1% | 4.9% |
| 1 Year | 64.4%62.8% | 24.9%22.4% | 23.5%20.8% |
| 3 Year | 147.5%139.8% | 41.7%33.6% | 46.5%37.0% |
| 5 Year | 219.2%201.2% | 76.7%60.2% | 64.6%46.5% |
Price Volatility Vs. Market
How volatile is S&P Global's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall St
Have Investors Priced In S&P Global Inc's (NYSE:SPGI) Growth?1 year ago | Simply Wall St
Does S&P Global Inc's (NYSE:SPGI) CEO Pay Compare Well With Peers?1 year ago | Simply Wall St
Does S&P Global Inc's (NYSE:SPGI) PE Ratio Warrant A Sell?Valuation
Is S&P Global undervalued compared to its fair value and its price relative to the market?
25.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SPGI ($271.2) is trading below our estimate of fair value ($364.13)
Significantly Below Fair Value: SPGI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SPGI is good value based on its PE Ratio (32x) compared to the Capital Markets industry average (33.4x).
PE vs Market: SPGI is poor value based on its PE Ratio (32x) compared to the US market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: SPGI is poor value based on its PEG Ratio (3.7x)
Price to Book Ratio
PB vs Industry: SPGI is overvalued based on its PB Ratio (191.6x) compared to the US Capital Markets industry average (6.3x).
Next Steps
Future Growth
How is S&P Global forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
8.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SPGI's forecast earnings growth (8.8% per year) is above the savings rate (1.7%).
Earnings vs Market: SPGI's earnings (8.8% per year) are forecast to grow slower than the US market (14.4% per year).
High Growth Earnings: SPGI's earnings are forecast to grow, but not significantly.
Revenue vs Market: SPGI's revenue (5.6% per year) is forecast to grow slower than the US market (7.4% per year).
High Growth Revenue: SPGI's revenue (5.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SPGI's Return on Equity is forecast to be very high in 3 years time (246.7%).
Next Steps
Past Performance
How has S&P Global performed over the past 5 years?
29.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SPGI has high quality earnings.
Growing Profit Margin: SPGI's current net profit margins (32.2%) are higher than last year (27.1%).
Past Earnings Growth Analysis
Earnings Trend: SPGI's earnings have grown significantly by 29.5% per year over the past 5 years.
Accelerating Growth: SPGI's earnings growth over the past year (22.5%) is below its 5-year average (29.5% per year).
Earnings vs Industry: SPGI earnings growth over the past year (22.5%) exceeded the Capital Markets industry 20.6%.
Return on Equity
High ROE: Whilst SPGI's Return on Equity (93.45%) is outstanding, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is S&P Global's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: SPGI has a low level of unsold assets or inventory.
Debt Coverage by Assets: SPGI's debt is covered by short term assets (assets are 1x debt).
Financial Institutions Analysis
Asset Level: SPGI's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if SPGI has a sufficient allowance for bad loans.
Low Risk Liabilities: SPGI reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if SPGI has an acceptable proportion of non-loan assets held.
Low Risk Deposits: SPGI has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if SPGI has an appropriate level of bad loans.
Next Steps
Dividend
What is S&P Global's current dividend yield, its reliability and sustainability?
0.84%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: SPGI's dividend (0.84%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: SPGI's dividend (0.84%) is low compared to the top 25% of dividend payers in the US market (3.71%).
Stability and Growth of Payments
Stable Dividend: SPGI's dividends per share have been stable in the past 10 years.
Growing Dividend: SPGI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (26%), SPGI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SPGI's dividends in 3 years are forecast to be well covered by earnings (21.3% payout ratio).
Next Steps
Management
What is the CEO of S&P Global's salary, the management and board of directors tenure and is there insider trading?
1.9yrs
Average management tenure
CEO
Doug Peterson (60yo)
6.1yrs
Tenure
US$12,360,845
Compensation
Mr. Douglas L. Peterson, also known as Doug, has been the Chief Executive Officer, President of S&P Global Inc. since November 1, 2013 and has been its Executive Director since July 11, 2013. Mr. Peterson ...
CEO Compensation Analysis
Compensation vs Market: Doug's total compensation ($USD12.36M) is about average for companies of similar size in the US market ($USD10.94M).
Compensation vs Earnings: Doug's compensation has been consistent with company performance over the past year.
Management Age and Tenure
1.9yrs
Average Tenure
52yo
Average Age
Experienced Management: SPGI's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Age and Tenure
5.8yrs
Average Tenure
66yo
Average Age
Experienced Board: SPGI's board of directors are considered experienced (5.8 years average tenure).
Insider Trading
Insider Buying: SPGI insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Technology Officer Chief Data & Technology Officer |
| Shares | 3,219 |
| Max Price | US$257.90 |
| Entity | Individual |
| Role | Chief Technology Officer Chief Data & Technology Officer |
| Shares | 9,911 |
| Max Price | US$253.55 |
| Entity | Individual |
| Shares | 5,500 |
| Max Price | US$250.01 |
| Entity | Individual |
| Shares | 4,105 |
| Max Price | US$217.57 |
| Entity | Individual |
| Shares | 2,200 |
| Max Price | US$216.85 |
| Entity | Individual |
| Role | Top Key Executive President of S&P Global Ratings Inc |
| Shares | 9,669 |
| Max Price | US$202.79 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Martin Fraenkel (58yo)
President of S&P Global Platts Inc
- Tenure: 0yrs
Alex Matturri (60yo)
Chief Executive Officer of S&P Dow Jones Indices LLC
- Tenure: 0yrs
- Compensation: US$3.31m
John Berisford (55yo)
President of S&P Global Ratings Inc
- Tenure: 0yrs
- Compensation: US$2.90m
Nick Cafferillo (47yo)
Chief Data & Technology Officer
- Tenure: 1.9yrs
Ewout Steenbergen (50yo)
Executive VP & CFO
- Tenure: 3.1yrs
- Compensation: US$4.37m
Chip Merritt
Senior Vice President of Investor Relations
- Tenure: 0yrs
Martina Cheung (43yo)
President of S&P Global Market Intelligence
- Tenure: 0yrs
Sitarama Kocherlakota (52yo)
Chief Information Officer
- Tenure: 1.9yrs
Chris Craig (45yo)
Senior VP
- Tenure: 1.3yrs
Doug Peterson (60yo)
President
- Tenure: 6.1yrs
- Compensation: US$12.36m
Board Members
Terry McGraw (71yo)
Chairman Emeritus
- Tenure: 4.7yrs
- Compensation: US$363.55k
Ed Haldeman (71yo)
Non-Executive Chairman of the Board
- Tenure: 4.7yrs
- Compensation: US$400.13k
Dick Thornburgh (67yo)
Independent Director
- Tenure: 8yrs
- Compensation: US$268.13k
Ed Rust (69yo)
Independent Director
- Tenure: 18.9yrs
- Compensation: US$273.13k
Bill Green (65yo)
Independent Director
- Tenure: 8.9yrs
- Compensation: US$268.13k
Kurt Schmoke (70yo)
Independent Director
- Tenure: 16.8yrs
- Compensation: US$249.13k
Monique Leroux (65yo)
Independent Director
- Tenure: 3.2yrs
- Compensation: US$254.63k
Rebecca Jacoby (57yo)
Independent Director
- Tenure: 5.2yrs
- Compensation: US$247.13k
Maria Morris (56yo)
Independent Director
- Tenure: 3.2yrs
- Compensation: US$258.63k
Doug Peterson (60yo)
President
- Tenure: 6.1yrs
- Compensation: US$12.36m
Company Information
S&P Global Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: S&P Global Inc.
- Ticker: SPGI
- Exchange: NYSE
- Founded: 1860
- Industry: Financial Exchanges and Data
- Sector: Diversified Financials
- Market Cap: US$66.281b
- Shares outstanding: 244.40m
- Website: https://www.spglobal.com
Number of Employees
Location
- S&P Global Inc.
- 55 Water Street
- New York
- New York
- 10041
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SPGI | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1968 |
| SPGI * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Jan 1968 |
| MHL | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1968 |
| 0KYY | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Jan 1968 |
| MHL | ETLX (Eurotlx) | Yes | Common Stock | IT | EUR | Jan 1968 |
| SPGI | WBAG (Wiener Boerse AG) | Yes | Common Stock | AT | EUR | Jan 1968 |
| SPGI34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH 1 REP 0.25 COM USD1 | BR | BRL | May 2019 |
Biography
S&P Global Inc., together with its subsidiaries, provides ratings, benchmarks, analytics, and data to the capital and commodity markets worldwide. The company operates through four segments: S&P Global Rat ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/14 23:41 |
| End of Day Share Price | 2019/12/13 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.