S&P Global
Market Cap
US$75.8b
Last Updated
2021/01/24 00:31 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. More Details
Rewards
Risk Analysis
Snowflake Analysis
Solid track record with adequate balance sheet and pays a dividend.
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 is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: SPGI's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
3.0%
SPGI
-0.2%
US Capital Markets
2.3%
US Market
1 Year Return
6.9%
SPGI
16.9%
US Capital Markets
23.8%
US Market
Return vs Industry: SPGI underperformed the US Capital Markets industry which returned 16.9% over the past year.
Return vs Market: SPGI underperformed the US Market which returned 23.8% over the past year.
Shareholder returns
| SPGI | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.0% | -0.2% | 2.3% |
| 30 Day | -0.5% | 5.7% | 4.8% |
| 90 Day | -6.6% | 20.9% | 14.5% |
| 1 Year | 7.8%6.9% | 19.8%16.9% | 26.6%23.8% |
| 3 Year | 76.4%71.5% | 28.0%18.2% | 45.0%35.4% |
| 5 Year | 290.9%270.7% | 139.6%109.8% | 126.2%101.0% |
Long-Term 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
2 years ago | Simply Wall St
Have Investors Priced In S&P Global Inc's (NYSE:SPGI) Growth?2 years ago | Simply Wall St
Does S&P Global Inc's (NYSE:SPGI) CEO Pay Compare Well With Peers?2 years 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?
46.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SPGI ($315.14) is trading below our estimate of fair value ($585.91)
Significantly Below Fair Value: SPGI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SPGI is poor value based on its PE Ratio (31.4x) compared to the US Capital Markets industry average (27.2x).
PE vs Market: SPGI is poor value based on its PE Ratio (31.4x) compared to the US market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: SPGI is poor value based on its PEG Ratio (4.1x)
Price to Book Ratio
PB vs Industry: SPGI is overvalued based on its PB Ratio (171.5x) compared to the US Capital Markets industry average (5.1x).
Next Steps
Future Growth
How is S&P Global forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
7.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SPGI's forecast earnings growth (7.6% per year) is above the savings rate (2%).
Earnings vs Market: SPGI's earnings (7.6% per year) are forecast to grow slower than the US market (21.6% per year).
High Growth Earnings: SPGI's earnings are forecast to grow, but not significantly.
Revenue vs Market: SPGI's revenue (4.9% per year) is forecast to grow slower than the US market (10.6% per year).
High Growth Revenue: SPGI's revenue (4.9% 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 (291%).
Next Steps
Past Performance
How has S&P Global performed over the past 5 years?
15.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SPGI has high quality earnings.
Growing Profit Margin: SPGI's current net profit margins (33.2%) are higher than last year (32.2%).
Past Earnings Growth Analysis
Earnings Trend: SPGI has become profitable over the past 5 years, growing earnings by 15.5% per year.
Accelerating Growth: SPGI's earnings growth over the past year (15.9%) exceeds its 5-year average (15.5% per year).
Earnings vs Industry: SPGI earnings growth over the past year (15.9%) exceeded the Capital Markets industry 4.9%.
Return on Equity
High ROE: Whilst SPGI's Return on Equity (86.91%) is outstanding, this metric is skewed due to their high level of debt.
Next Steps
Financial Health
How is S&P Global's financial position?
Financial Position Analysis
Short Term Liabilities: SPGI's short term assets ($4.8B) exceed its short term liabilities ($2.8B).
Long Term Liabilities: SPGI's short term assets ($4.8B) do not cover its long term liabilities ($5.6B).
Debt to Equity History and Analysis
Debt Level: SPGI's debt to equity ratio (136.6%) is considered high.
Reducing Debt: SPGI's debt to equity ratio has reduced from 231.8% to 136.6% over the past 5 years.
Debt Coverage: SPGI's debt is well covered by operating cash flow (83.5%).
Interest Coverage: SPGI's interest payments on its debt are well covered by EBIT (19x coverage).
Balance Sheet
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Dividend
What is S&P Global current dividend yield, its reliability and sustainability?
0.85%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SPGI's dividend (0.85%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: SPGI's dividend (0.85%) is low compared to the top 25% of dividend payers in the US market (3.86%).
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 (25.7%), 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 (21.9% payout ratio).
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Management
How experienced are the management team and are they aligned to shareholders interests?
3.5yrs
Average management tenure
CEO
Doug Peterson (62 yo)
7.17yrs
Tenure
US$12,152,512
Compensation
Mr. Douglas L. Peterson, also known as Doug, M.B.A., has been the Chief Executive Officer and President of S&P Global Inc. since November 1, 2013 and has been its Executive Director since July 11, 2013. Mr...
CEO Compensation Analysis
Compensation vs Market: Doug's total compensation ($USD12.15M) is about average for companies of similar size in the US market ($USD10.57M).
Compensation vs Earnings: Doug's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.17yrs | US$12.15m | 0.061% $ 46.1m | |
| President of S&P Global Ratings Inc | no data | US$3.41m | 0.011% $ 8.7m | |
| President of S&P Global Market Intelligence | no data | US$2.70m | 0.0033% $ 2.5m | |
| Executive VP & CFO | 4.17yrs | US$4.90m | 0.0058% $ 4.4m | |
| Chief Executive Officer of S&P Dow Jones Indices LLC | no data | no data | 0.000050% $ 37.9k | |
| Senior VP | 2.33yrs | no data | 0.0019% $ 1.4m | |
| Executive VP & Chief Information Officer | 3yrs | no data | 0.0023% $ 1.8m | |
| Senior Vice President of Investor Relations | no data | no data | no data | |
| Executive VP & General Counsel | 4.42yrs | US$2.79m | 0.0036% $ 2.8m | |
| Chief Communications Officer | no data | no data | no data | |
| Senior VP of Corporate Development & Strategy | 3.5yrs | no data | no data | |
| Executive VP & Chief People Officer | 2.67yrs | no data | 0.0012% $ 909.9k |
3.5yrs
Average Tenure
52.5yo
Average Age
Experienced Management: SPGI's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.17yrs | US$12.15m | 0.061% $ 46.1m | |
| Chairman Emeritus | 5.75yrs | US$363.55k | no data | |
| Independent Non-Executive Director | 8.5yrs | US$422.13k | 0.0013% $ 947.8k | |
| Independent Non-Executive Chairman | 0.25yr | US$297.13k | 0.00054% $ 409.4k | |
| Independent Director | 20yrs | US$285.13k | 0.00083% $ 629.3k | |
| Independent Director | 3.83yrs | US$282.13k | 0.00017% $ 128.9k | |
| Independent Director | 10yrs | US$285.13k | 0.00042% $ 318.5k | |
| Independent Director | 17.92yrs | US$270.13k | 0.00043% $ 326.0k | |
| Independent Director | 4.25yrs | US$275.13k | 0.00021% $ 159.2k | |
| Independent Director | 6.25yrs | US$272.13k | 0.00017% $ 128.9k | |
| Independent Director | 4.25yrs | US$292.13k | 0.00017% $ 128.9k | |
| Independent Director | 4yrs | US$275.13k | 0.00017% $ 128.9k |
6.0yrs
Average Tenure
66yo
Average Age
Experienced Board: SPGI's board of directors are considered experienced (6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
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$75.823b
- Shares outstanding: 240.60m
- 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 |
| SPGI | WBAG (Wiener Boerse AG) | Yes | Common Stock | AT | EUR | Jan 1968 |
| SPGI34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH 4 REPR 1 COM SHS 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 | 2021/01/24 00:31 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.