SPGI S&P Global Inc. Common Stock
NYSE · Financial Services · View on SEC EDGAR ↗ close Oct 2, 2026 10-K/10-Q Jul 28, 2026SPGI Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
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| Ex-date | Split | Type |
|---|---|---|
| July 1, 2026 | 1057-for-1000 | Forward |
| May 18, 2005 | 2-for-1 | Forward |
| March 9, 1999 | 2-for-1 | Forward |
| April 29, 1996 | 2-for-1 | Forward |
| June 2, 1983 | 2-for-1 | Forward |
About S&P Global Inc. Common Stock Company overview from Wikipedia
S&P Global Inc. (prior to 2016, McGraw Hill Financial, Inc., and prior to 2013, The McGraw–Hill Companies, Inc.) is an American publicly traded corporation headquartered in Manhattan, New York. Its primary areas of business are financial information, analytics, and energy and commodities intelligence. It is the parent company of S&P Global Ratings, S&P Global Energy, S&P Global Market Intelligence, and the Indian credit rating agency CRISIL. It is also the majority owner of the S&P Dow Jones Indices joint venture. "S&P" is a shortening of "Standard and Poor's."
History
19th century
The predecessor companies of S&P Global have histories dating to 1888, when James H. McGraw purchased the American Journal of Railway Appliances. He continued to add further publications, eventually establishing The McGraw Publishing Company in 1899.
20th century
John A. Hill had also produced several technical and trade publications and in 1902 formed his own business, The Hill Publishing Company. In 1909, both men, having known each other's interests, agreed upon an alliance and combined the book departments of their publishing companies into The McGraw–Hill Book Company. John Hill served as president, with James McGraw as vice-president. In 1917, the remaining parts of each business were merged into The McGraw–Hill Publishing Company.
In 1964, after Hill died, both McGraw–Hill Publishing Company and McGraw–Hill Book Company merged into McGraw–Hill, Inc. McGraw–Hill purchased credit rating agency Standard & Poor's from Paul Talbot Babson in 1966. In 1979, McGraw–Hill acquired Byte magazine from its owner/publisher Virginia Williamson, who then became a vice-president of McGraw–Hill. In 1986, McGraw–Hill bought out competitor The Economy Company, then the United States' largest publisher of educational material. The buyout made McGraw–Hill the largest educational publisher in the United States.
In 1994, McGraw–Hill's broadcasting division signed a deal with ABC, due partly to the fact that its stations in San Diego (KGTV) and Indianapolis (WRTV) had already been aligned with the network, and that Denver (KMGH-TV) and Bakersfield (KERO-TV) joined the ABC family (Bakersfield sister station KERO-TV was also involved in the deal between McGraw–Hill and ABC; however, that station had to wait for its affiliation contract with CBS to expire in March 1996, before it could finally switch to ABC).
21st century
In 2009, McGraw Hill sold Business Week to Bloomberg.
In October 2011, McGraw–Hill announced it was selling its entire television station group to the E. W. Scripps Company for $212 million. The sale was completed in December 2011. It had been involved in broadcasting since 1972, when it purchased four television stations from a division of Time Inc. The sale included McGraw–Hill Broadcasting's stations KERO-TV and KZKC-LP Bakersfield; KGTV and KZSD-LP San Diego; KZCS-LP Colorado Springs; flagship station KMGH-TV and KZCO-LD Denver; KZFC-LP Fort Collins; and WRTV Indianapolis.
In November 2012, McGraw–Hill announced it was selling its entire education division, known as McGraw–Hill Education to Apollo Global Management for $2.5 billion. In March 2013, McGraw–Hill announced it had completed the sale for $2.4 billion cash. In May 2013, shareholders of McGraw–Hill voted to change the company's name to McGraw Hill Financial.
In September 2014, McGraw–Hill divested the subsidiary McGraw–Hill Construction to Symphony Technology Group for US$320 million. The sale included Engineering News-Record, Architectural Record, Dodge and Sweet's. McGraw–Hill Construction has been renamed Dodge Data & Analytics.
In February 2016, McGraw–Hill announced that McGraw–Hill Financial would change its name to S&P Global Inc. by the end of April 2016. McGraw Hill Financial officially changed its name following a shareholder vote on April 27, 2016. In April 2016, McGraw–Hill announced that it was selling J.D. Power and Associates to investment firm XIO Group for $1.1 billion.
In November 2020, S&P Global agreed to acquire IHS Markit analytics company in a $44 billion transaction. In 2023, S&P sold the former IHS engineering operations to KKR & Co., which rebranded as Accuris.
In October 2025, S&P Global announced a deal to buy markets data and analytics firm With Intelligence for $1.8 billion.
On July 1, 2026, S&P Global completed the spin-off of its Mobility division into an independent publicly traded company, Mobility Global Inc.
Corporate organization
S&P Global organizes its businesses into divisions, based on the market in which they are involved:
S&P Global Ratings
S&P Global Ratings provides independent investment research including ratings on various investment instruments.
S&P Global Energy
Headquartered in London, S&P Global Energy, formerly Platts, is a provider of information and a source of benchmark price assessments for the commodities, energy, petrochemicals, metals, and agriculture markets. It has offices in more than 15 cities, including major energy centres such as London, Tokyo, Dubai, Singapore, and Houston, and international business centres such as São Paulo, Shanghai, and New York City.
S&P Dow Jones Indices
Launched in July 2012, S&P Dow Jones Indices is the world's largest global resource for index-based concepts, data, and research. It produces the S&P 500 and the Dow Jones Industrial Average.
S&P Dow Jones Indices calculates over 830,000 indices, publishes benchmarks that provide the basis for 575 ETFs globally with $387 billion in assets invested, and $1.5 trillion of the world's indexed assets.
S&P Global Market Intelligence
S&P Global Market Intelligence is a provider of multi-asset class and real-time data, research, news and analytics to institutional investors, investment and commercial banks, insurance companies, investment advisors and wealth managers, corporations, and universities. Subsidiaries and brands include Capital IQ, EViews, Journal of Commerce, Panjiva, and Global Insight.
Presidents
James H. McGraw (1917–1928)
Malcolm Muir (1928–1937)
James H. McGraw Jr. (1937–1950)
Curtis W. McGraw (1950–1953)
Donald C. McGraw (1953–1968)
Shelton Fisher (1968–1974)
Harold McGraw Jr. (1974–1983)
Joseph Dionne (1983–1998)
Harold W. McGraw III (1998–2013)
Douglas L. Peterson (2013–2024)
Martina Cheung (2024–present)
Acquisitions
During the course of its history, McGraw Hill and from 2016, S&P Global has expanded significantly through acquisition, not just within the publishing industry but also into other areas such as financial services (the purchase of Standard & Poor's in 1966) and broadcasting (the 1972 acquisition of Time-Life Broadcasting). The publishing and education assets are a part of McGraw–Hill Education from the company separation in 2013:
This list only includes acquisitions made by McGraw–Hill, not its subsidiaries. McGraw–Hill typically does not release financial information regarding its acquisitions or divestitures.
Divestitures
After acquiring a portfolio of diverse companies, McGraw Hill later divested itself of many units to form McGraw Hill Financial which is now S&P Global:
This list only includes divestitures made by S&P Global, not its subsidiaries.
McGraw–Hill Building
The company was based at 1221 Avenue of the Americas until July 2015.
The predecessor company McGraw Hill Inc. had been based at 330 West 42nd Street and both have been known as The McGraw–Hill Building, a name originally used for a prior headquarters at 469 Tenth Avenue.
Connection to the family of George W. Bush
The McGraws and the George W. Bush family have close ties dating back several generations. Harold McGraw Jr. (deceased) was a member of the national grant advisory and founding board of the Barbara Bush Foundation for Family Literacy.
McGraw–Hill Federal Credit Union
Established in 1935, the McGraw–Hill Federal Credit Union originally served employees of the McGraw–Hill companies in New York City only. The credit union moved from its location inside the McGraw–Hill building to East Windsor, New Jersey, in 2005. Its accounts are insured by the National Credit Union Administration. It provides savings, checking accounts, CDs, money-market accounts, IRAs, credit cards, auto loans, and home mortgages. In February 2019, the credit union announced plans to merge with Pentagon Federal Credit Union, completing to convert customers to those of PenFed on May 1, 2019.
Awards
In 1999, the National Building Museum presented the McGraw–Hill Companies with its annual Honor Award for the corporation's contributions to the built environment.
In 2023, S&P Global was recognized in Newsweek's ranking of America's Greenest Companies 2024 for its commitment to sustainability.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | SPGI | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E (TTM) | 23.55Y avg ≈40.0 | ≈40.0 | 23.0 | Overvalued | |
| P/S (TTM) | 7.15Y avg ≈11.1 | ≈11.1 | 5.6 | Overvalued | |
| P/B (MRQ) | 3.65Y avg ≈14.5 | ≈14.5 | 3.6 | Fair value | |
| EV / EBITDA | 16.55Y avg ≈23.9 | ≈23.9 | 22.7 | Fair value | |
| Price / FCF (TTM) | 20.45Y avg ≈34.0 | ≈34.0 | · | · | |
| Price / Cash Flow (TTM) | 19.95Y avg ≈33.0 | ≈33.0 | 23.1 | Overvalued | |
| EV / Revenue | 8.25Y avg ≈11.6 | ≈11.6 | · | · | |
| EV / FCF | 23.15Y avg ≈35.9 | ≈35.9 | · | · | |
| Price / Tangible Book (MRQ) | 7.2 | · | · | · | |
| PEG Ratio | ≈2.7 | · | · | · |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | SPGI | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Operating Margin (TTM) | 44.4%5Y avg ≈41.8% | ≈41.8% | 41.1% | In line | |
| EBITDA Margin | 49.9%5Y avg ≈49.0% | ≈49.0% | 41.1% | In line | |
| Pretax Margin (TTM) | 42.6%5Y avg ≈39.9% | ≈39.9% | 38.7% | In line | |
| Net Profit Margin (TTM) | 30.5%5Y avg ≈28.6% | ≈28.6% | 27.9% | In line | |
| ROA (TTM) | 8.0%5Y avg ≈9.7% | ≈9.7% | 8.9% | Below avg | |
| ROE (TTM) | 15.2%5Y avg ≈57.5% | ≈57.5% | 14.3% | In line | |
| ROIC | 11.5%5Y avg ≈18.0% | ≈18.0% | 11.4% | In line |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | SPGI | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Debt / Equity (MRQ) | 0.45Y avg ≈0.7 | ≈0.7 | 0.7 | Low debt | |
| Current Ratio (MRQ) | 1.05Y avg ≈1.2 | ≈1.2 | 1.0 | Low liquidity | |
| Quick Ratio | 0.75Y avg ≈1.0 | ≈1.0 | 0.4 | Strong liquidity | |
| Long-Term Debt / Equity (MRQ) | 0.45Y avg ≈0.7 | ≈0.7 | 0.5 | Low debt |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
| Metric | 5Y trend | SPGI | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Revenue YoY | 7.9%5Y avg ≈15.9% | ≈15.9% | · | · | |
| Revenue CAGR 3Y | 11.1%5Y avg ≈16.5% | ≈16.5% | · | · | |
| Revenue CAGR 5Y | 15.6% | · | · | · | |
| EPS YoY | 18.7%5Y avg ≈12.1% | ≈12.1% | · | · | |
| Net Income YoY | 16.1%5Y avg ≈16.1% | ≈16.1% | · | · | |
| EPS CAGR 3Y | 12.8%5Y avg ≈2.4% | ≈2.4% | · | · | |
| EPS CAGR 5Y | 8.7% | · | · | · | |
| Net Income CAGR 3Y | 11.2%5Y avg ≈7.9% | ≈7.9% | · | · | |
| Net Income CAGR 5Y | 13.8% | · | · | · |
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
| Metric | 5Y trend | SPGI | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Asset Turnover | 0.35Y avg ≈0.3 | ≈0.3 | 0.3 | Weak | |
| Receivables Turnover | 4.95Y avg ≈5.0 | ≈5.0 | 8.4 | Weak | |
| Revenue / Employee | ≈$344.6K | · | · | · |
value · ≈ 5Y avg · industry median · verdict relative to median
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount | Currency | Yield |
|---|---|---|---|
| Aug 26, 2026 | $0.97 | USD | ≈0.85% |
| May 29, 2026 | $0.92 | USD | ≈0.86% |
| Feb 25, 2026 | $0.92 | USD | ≈0.86% |
| Nov 25, 2025 | $0.91 | USD | ≈0.74% |
| Aug 26, 2025 | $0.91 | USD | ≈0.65% |
| May 28, 2025 | $0.91 | USD | ≈0.69% |
| Feb 26, 2025 | $0.91 | USD | ≈0.66% |
| Nov 26, 2024 | $0.86 | USD | ≈0.66% |
| Aug 27, 2024 | $0.86 | USD | ≈0.68% |
| May 29, 2024 | $0.86 | USD | ≈0.81% |
| Feb 26, 2024 | $0.86 | USD | ≈0.79% |
| Nov 27, 2023 | $0.85 | USD | ≈0.83% |
| Aug 25, 2023 | $0.85 | USD | ≈0.87% |
| May 25, 2023 | $0.85 | USD | ≈0.92% |
| Feb 23, 2023 | $0.85 | USD | ≈0.94% |
| Nov 25, 2022 | $0.80 | USD | ≈0.88% |
| Aug 25, 2022 | $0.80 | USD | ≈0.81% |
| May 26, 2022 | $0.80 | USD | ≈0.85% |
| Feb 9, 2022 | $0.73 | USD | ≈0.72% |
| Nov 24, 2021 | $0.73 | USD | ≈0.63% |
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| June 30, 2026 | Jul 29, 2026 | $4.83 | $4.85 | -0.48% |
| March 31, 2026 | $4.97 | $4.91 | 1.3% | |
| Dec. 31, 2025 | $4.30 | $4.42 | -2.6% | |
| Sept. 30, 2025 | $4.73 | $4.50 | 5.2% | |
| June 30, 2025 | $4.43 | $4.31 | 2.9% | |
| March 31, 2025 | $4.37 | $4.27 | 2.4% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.34B | $14.21B | $12.50B | $11.18B | $8.30B | $7.44B | $6.70B | $6.26B | $6.06B | $5.66B | $5.31B | $5.05B | |
| Cost of Revenue | $4.56B | $4.36B | $4.14B | $3.75B | $2.18B | $2.09B | $1.98B | $1.84B | $1.69B | $1.77B | $1.72B | $1.65B | |
| SG&A Expense | $3.42B | $3.20B | $3.16B | $3.40B | $1.73B | $1.54B | $1.34B | $1.42B | $1.61B | $1.47B | $1.53B | $3.14B | |
| Operating Expenses | $9.16B | $8.73B | $8.44B | $8.16B | $4.09B | $3.84B | $3.52B | $3.47B | $3.48B | $3.42B | $3.41B | $4.93B | |
| Operating Income | $6.48B | $5.58B | $4.02B | $4.94B | $4.22B | $3.62B | $3.23B | $2.79B | $2.58B | $3.34B | $1.92B | $113M | |
| Interest Expense | · | · | $334M | $304M | $119M | $141M | $141M | $134M | $149M | $181M | $102M | $59M | |
| Other Non-op | $36M | $25M | $-15M | $70M | $62M | $31M | $-98M | $25M | $27M | $28M | · | · | |
| Pretax Income | $6.23B | $5.31B | $3.67B | $4.70B | $4.16B | $3.23B | $2.93B | $2.68B | $2.46B | $3.19B | $1.81B | $54M | |
| Income Tax | $1.41B | $1.14B | $778M | $1.18B | $901M | $694M | $627M | $560M | $823M | $960M | $547M | $245M | |
| Net Income | $4.47B | $3.85B | $2.63B | $3.25B | $3.02B | $2.34B | $2.12B | $1.96B | $1.50B | $2.11B | $1.16B | $-115M | |
| EPS (Basic) | $14.67 | $12.36 | $8.25 | $10.25 | $12.56 | $9.71 | $8.65 | $7.80 | $5.84 | $8.02 | $4.26 | $-0.42 | |
| EPS (Diluted) | $14.66 | $12.35 | $8.23 | $10.20 | $12.51 | $9.66 | $8.60 | $7.73 | $5.78 | $7.94 | $4.21 | $-0.42 | |
| Shares (Basic) | 304,800,000 | 311,600,000 | 318,400,000 | 316,900,000 | 240,800,000 | 241,000,000 | 245,400,000 | 250,900,000 | 256,300,000 | 262,800,000 | 271,600,000 | 271,500,000 | |
| Shares (Diluted) | 305,100,000 | 311,900,000 | 318,900,000 | 318,500,000 | 241,800,000 | 242,100,000 | 246,900,000 | 253,200,000 | 258,900,000 | 265,200,000 | 274,600,000 | 271,500,000 | |
| EBITDA | $7.66B | $6.75B | $5.16B | $5.96B | $4.40B | $3.82B | $3.43B | $3.00B | $2.79B | $3.55B | $2.07B | $247M |
Balance Sheet
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.75B | $1.67B | $1.29B | $1.29B | $6.50B | $4.11B | $2.87B | $1.92B | $2.80B | $2.39B | $1.48B | $2.50B | |
| Short-term Investments | $56M | $20M | $26M | $14M | $11M | $9M | $28M | $18M | $12M | $8M | $6M | $3M | |
| Receivables | $3.44B | $2.87B | $2.83B | $2.49B | $1.65B | $1.59B | $1.58B | $1.45B | $1.32B | $1.12B | $991M | $932M | |
| Prepaid Expense | $914M | $906M | $1.00B | $574M | $323M | $264M | $221M | $162M | $214M | $149M | $206M | $170M | |
| Other Current Assets | · | · | · | · | · | · | $221M | $162M | $226M | · | · | · | |
| Current Assets | $6.30B | $5.46B | $5.14B | $5.67B | $8.81B | $5.99B | $4.71B | $3.59B | $4.32B | $3.67B | $3.30B | $3.96B | |
| PP&E (Net) | $278M | $265M | $258M | $297M | $241M | $284M | $320M | $270M | $275M | $271M | $270M | $206M | |
| PP&E (Gross) | $1.14B | $1.09B | $1.05B | $1.16B | $861M | $871M | $942M | $866M | $829M | $808M | $855M | $769M | |
| Accum. Depreciation | $861M | $823M | $794M | $859M | $620M | $587M | $622M | $596M | $554M | $537M | $585M | $563M | |
| Goodwill | $36.48B | $34.92B | $34.85B | $34.55B | $3.51B | $3.73B | $3.58B | $3.54B | $2.99B | $2.95B | $2.88B | $1.39B | |
| Intangibles | $16.27B | $16.56B | $17.40B | $18.31B | $1.28B | $1.35B | $1.42B | $1.52B | $1.39B | $1.51B | $1.52B | $1.00B | |
| Other Non-current Assets | $864M | $591M | $536M | $562M | $234M | $387M | $641M | $525M | $449M | $272M | $213M | $186M | |
| Total Assets | $61.20B | $60.22B | $60.59B | $61.78B | $15.03B | $12.54B | $11.35B | $9.44B | $9.43B | $8.67B | $8.18B | $6.77B | |
| Accounts Payable | $610M | $553M | $557M | $450M | $205M | $233M | $190M | $211M | $195M | $183M | $206M | $191M | |
| Short-term Debt | · | · | · | · | · | · | · | · | · | · | · | $0 | |
| Current Liabilities | $7.64B | $6.39B | $6.12B | $6.00B | $3.81B | $3.59B | $3.09B | $2.63B | $3.21B | $2.61B | $2.91B | $3.92B | |
| Capital Leases | $494M | $535M | $541M | $577M | $492M | $544M | $620M | $0 | · | · | · | · | |
| Deferred Tax | $3.26B | $3.40B | $3.69B | $4.07B | $147M | $177M | $200M | $144M | $67M | $48M | $23M | $40M | |
| Other Non-current Liabilities | $1.11B | $815M | $522M | $489M | $660M | $653M | $624M | $616M | $679M | $439M | $368M | $336M | |
| Total Liabilities | $25.05B | $22.71B | $22.49B | $22.04B | $9.49B | $9.19B | $8.54B | $7.14B | $7.31B | $6.89B | $7.02B | $5.42B | |
| Long-term Debt | $13.09B | $11.40B | $11.46B | $10.96B | $4.11B | $4.11B | $3.95B | $3.66B | · | · | · | $799M | |
| Total Debt | $12.37B | $11.39B | $11.41B | $10.73B | $4.11B | $4.11B | $3.95B | $3.66B | $3.17B | $3.56B | $3.47B | $799M | |
| Common Stock | $415M | $415M | $415M | $415M | $294M | $294M | $294M | $294M | $412M | $412M | $412M | $412M | |
| Retained Earnings | $23.67B | $20.98B | $18.73B | $17.78B | $15.02B | $13.37B | $12.21B | $11.28B | $10.02B | $9.21B | $7.64B | $6.95B | |
| Treasury Stock | $36.37B | $31.67B | $28.41B | $25.35B | $13.47B | $13.46B | $12.30B | $11.04B | $9.60B | $8.70B | $7.73B | $6.85B | |
| AOCI | $-697M | $-883M | $-763M | $-886M | $-841M | $-637M | $-624M | $-742M | $-649M | $-773M | $-600M | $-514M | |
| Stockholders' Equity | $31.13B | $33.16B | $34.20B | $36.39B | $2.03B | $509M | $479M | $628M | $709M | $650M | $194M | $488M | |
| Liabilities + Equity | $61.20B | $60.22B | $60.59B | $61.78B | $15.03B | $12.54B | $11.35B | $9.44B | $9.43B | $8.67B | $8.18B | $6.77B | |
| Shares Outstanding | 298,800,000 | 307,800,000 | 314,100,000 | 321,900,000 | 241,000,000 | 240,600,000 | 244,000,000 | 248,400,000 | 253,700,000 | 258,300,000 | 265,200,000 | 272,000,000 |
Cash Flow
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $1.18B | $1.17B | $1.14B | $1.01B | $178M | $206M | $204M | $206M | $180M | $181M | $157M | $134M | |
| Stock-based Comp | $236M | $247M | $171M | $214M | $122M | $90M | $78M | $94M | $99M | $76M | $78M | $100M | |
| Deferred Tax | $-242M | $-323M | $-381M | $-353M | $13M | $-31M | $46M | $81M | $0 | $79M | $280M | $-245M | |
| Amort. of Intangibles | $1.07B | $1.08B | $1.04B | $905M | $96M | $123M | $122M | $122M | $98M | $96M | $67M | $48M | |
| Other Non-cash | $7M | $740M | $151M | $-1.52B | $261M | $963M | $325M | $-275M | $241M | $-978M | $-1.48B | $1.33B | |
| Operating Cash Flow | $5.65B | $5.69B | $3.71B | $2.60B | $3.60B | $3.57B | $2.78B | $2.06B | $2.02B | $1.56B | $356M | $1.21B | |
| CapEx | $195M | $124M | $143M | $89M | $35M | $76M | $115M | $113M | $123M | $115M | $139M | $92M | |
| Investing Cash Flow | $-704M | $-255M | $562M | $3.63B | $-120M | $-240M | $-131M | $-513M | $-209M | $1.17B | $-2.52B | $-65M | |
| Stock Repurchased | $5.00B | $3.30B | $3.30B | $12.00B | $0 | $1.16B | $1.24B | $1.66B | $1.00B | $1.12B | $974M | $362M | |
| Net Stock Activity | $-5.00B | $-3.30B | $-3.30B | $-12.00B | $0 | $-1.16B | $-1.24B | $-1.66B | $-1.00B | $-1.12B | $-974M | $-362M | |
| Dividends Paid | $1.17B | $1.13B | $1.15B | $1.02B | $743M | $645M | $560M | $503M | $421M | $380M | $363M | $326M | |
| Financing Cash Flow | $-4.93B | $-5.00B | $-4.28B | $-11.33B | $-1.01B | $-2.17B | $-1.75B | $-2.29B | $-1.51B | $-1.66B | $1.35B | $-462M | |
| Net Change in Cash | $79M | $375M | $4M | $-5.22B | $2.38B | $1.24B | $928M | $-821M | $387M | $911M | $-1.02B | $955M | |
| Taxes Paid | $1.50B | $1.16B | $1.28B | $1.55B | $883M | $683M | $659M | $558M | $709M | $683M | $260M | $419M | |
| Free Cash Flow | $5.46B | $5.57B | $3.57B | $2.51B | $3.56B | $3.49B | $2.66B | $1.95B | $1.89B | $1.35B | $56M | $1.12B | |
| Levered FCF | · | · | $3.30B | $2.29B | $3.47B | $3.38B | $2.51B | $1.84B | $1.79B | $1.22B | $-15M | $1.33B |
Profitability
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 42.2% | 39.3% | 32.2% | 44.2% | 50.9% | 48.6% | 48.2% | 44.6% | 43.0% | 59.5% | 36.1% | 2.2% | |
| Net Margin | 29.1% | 27.1% | 21.0% | 29.0% | 36.4% | 31.4% | 31.7% | 31.3% | 24.7% | 37.2% | 21.8% | -2.3% | |
| Pretax Margin | 40.6% | 37.4% | 29.4% | 42.0% | 50.2% | 43.4% | 43.7% | 42.8% | 40.6% | 56.3% | 34.2% | 1.1% | |
| EBITDA Margin | 49.9% | 47.5% | 41.3% | 53.3% | 53.0% | 51.4% | 51.2% | 47.9% | 46.0% | 62.7% | 39.0% | 4.9% | |
| ROA | 7.4% | 6.4% | 4.3% | 8.5% | 21.9% | 19.6% | 20.4% | 20.7% | 16.5% | 25.0% | 15.5% | -1.8% | |
| ROE | 13.9% | 11.4% | 7.4% | 16.9% | 238.0% | 473.5% | 383.6% | 292.9% | 219.8% | 499.1% | 271.4% | -12.9% | |
| ROIC | 11.5% | 9.8% | 7.0% | 7.9% | 53.8% | 61.5% | 57.3% | 51.4% | 44.8% | 55.9% | 36.6% | -31.1% |
Liquidity & Solvency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.8 | 0.9 | 0.8 | 0.9 | 2.3 | 1.7 | 1.5 | 1.4 | 1.3 | 1.4 | 1.1 | 1.0 | |
| Quick Ratio | 0.7 | 0.7 | 0.7 | 0.6 | 2.1 | 1.6 | 1.4 | 1.3 | 1.3 | 1.3 | 0.9 | 0.9 | |
| Debt / Equity | 0.4 | 0.3 | 0.3 | 0.3 | 2.0 | 8.1 | 8.2 | 5.8 | 4.5 | 5.5 | 17.9 | 1.6 | |
| LT Debt / Equity | 0.4 | 0.3 | 0.3 | 0.3 | 2.0 | 8.1 | 8.2 | 5.8 | 4.5 | 5.5 | 17.9 | 1.6 | |
| Interest Coverage | · | · | 12.0 | 16.3 | 35.5 | 25.7 | 16.3 | 20.8 | 17.5 | 18.6 | 18.8 | 1.9 |
Efficiency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.3 | 0.2 | 0.2 | 0.3 | 0.6 | 0.6 | 0.6 | 0.7 | 0.7 | 0.7 | 0.7 | 0.8 | |
| Receivables Turnover | 4.9 | 5.0 | 4.7 | 5.4 | 5.1 | 4.7 | 4.4 | 4.5 | 5.0 | 5.4 | 5.5 | 5.4 |
Per Share
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $104.17 | $107.73 | $108.88 | $113.04 | $8.43 | $2.12 | $1.96 | $2.53 | $2.80 | $2.52 | $0.73 | · | |
| Revenue / Share | $50.27 | $45.55 | $39.19 | $35.11 | $34.31 | $30.74 | $27.13 | $24.72 | $23.42 | $21.35 | $19.35 | $18.60 | |
| Cash Flow / Share | $18.52 | $18.24 | $11.63 | $8.17 | $14.88 | $14.73 | $11.24 | $8.15 | $7.79 | $5.52 | $0.71 | $4.45 | |
| Cash / Share | $5.84 | $5.41 | $4.11 | $4.00 | $26.96 | $17.07 | $11.75 | $7.65 | $10.95 | $9.26 | $5.58 | · | |
| Dividend / Share | $3.84 | $3.64 | $3.60 | $3.32 | $3.08 | $2.68 | $2.28 | $2.00 | $1.64 | $1.44 | $1.32 | $1.20 | |
| Dividend Paid / Share | · | · | $0.90 | · | $0.77 | $0.67 | · | · | · | · | · | · | |
| EPS (TTM) | $14.66 | $12.35 | $8.23 | $10.20 | $12.51 | $9.66 | $8.60 | $7.73 | $5.78 | $7.94 | $4.21 | $-0.42 |
Growth Rates
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 7.9% | 13.7% | 11.8% | 34.8% | 11.5% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 11.1% | 19.6% | 18.9% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 15.6% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | 18.7% | 50.1% | -19.3% | -18.5% | 29.5% | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | 12.8% | -0.43% | -5.2% | · | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | 8.7% | · | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | 16.1% | 46.7% | -19.1% | 7.4% | 29.3% | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | 11.2% | 8.4% | 3.9% | · | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | 13.8% | · | · | · | · | · | · | · | · | · | · | · | |
| Dividends Paid CAGR 5Y | 12.7% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $15.34B | $14.21B | $12.50B | $11.18B | $8.30B | $7.44B | $6.70B | $6.26B | $6.06B | $5.66B | $5.31B | $5.05B | |
| Net Income TTM | $4.47B | $3.85B | $2.63B | $3.25B | $3.02B | $2.34B | $2.12B | $1.96B | $1.50B | $2.11B | $1.16B | $-115M | |
| Market Cap | $156.15B | $153.29B | $138.37B | $107.82B | $113.74B | $79.09B | $66.62B | $42.21B | $42.98B | $27.78B | $26.14B | · | |
| Enterprise Value | $166.72B | $163.00B | $148.46B | $117.25B | $111.34B | $79.09B | $67.68B | $43.96B | $43.36B | $28.94B | $28.12B | · | |
| P/E | 35.6 | 40.3 | 53.5 | 32.8 | 37.7 | 34.0 | 31.8 | 22.0 | 29.3 | 13.5 | 23.4 | -211.9 | |
| P/S | 10.2 | 10.8 | 11.1 | 9.6 | 13.7 | 10.6 | 9.9 | 6.7 | 7.1 | 4.9 | 4.9 | · | |
| P/B | 5.0 | 4.6 | 4.0 | 3.0 | 56.0 | 155.4 | 139.1 | 67.2 | 60.4 | 42.7 | 134.8 | · | |
| P / Cash Flow | 27.6 | 26.9 | 37.3 | 41.4 | 31.6 | 22.2 | 24.0 | 20.5 | 21.3 | 19.0 | 134.1 | · | |
| P / FCF | 28.6 | 27.5 | 38.8 | 42.9 | 31.9 | 22.7 | 25.0 | 21.6 | 22.7 | 20.6 | 466.8 | · | |
| EV / EBITDA | 21.8 | 24.1 | 28.8 | 19.7 | 25.3 | 20.7 | 19.7 | 14.7 | 15.5 | 8.2 | 13.6 | · | |
| EV / FCF | 30.6 | 29.3 | 41.6 | 46.6 | 31.2 | 22.7 | 25.4 | 22.5 | 22.9 | 21.5 | 502.2 | · | |
| EV / Revenue | 10.9 | 11.5 | 11.9 | 10.5 | 13.4 | 10.6 | 10.1 | 7.0 | 7.2 | 5.1 | 5.3 | · | |
| Dividend Yield | 0.75% | 0.74% | 0.83% | 0.95% | 0.65% | 0.82% | 0.84% | 1.2% | 0.98% | 1.4% | 1.4% | · | |
| Earnings Yield | 2.8% | 2.5% | 1.9% | 3.0% | 2.6% | 2.9% | 3.1% | 4.5% | 3.4% | 7.4% | 4.3% | -0.47% | |
| Payout Ratio | 26.2% | 29.4% | 43.7% | 31.5% | 24.6% | 27.6% | 26.4% | 25.7% | 28.1% | 18.0% | 31.4% | -283.5% | |
| Annual Payout | $1.17B | $1.13B | $1.15B | $1.02B | $743M | $645M | $560M | $503M | $421M | $380M | $363M | $326M |
Income Statement
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.15B | $4.17B | $3.92B | $3.89B | $3.75B | $3.78B | $3.59B | $3.58B | $3.55B | $3.49B | $3.15B | $3.08B | $3.10B | $3.16B | $2.94B | $2.86B | |
| Cost of Revenue | $1.17B | $1.24B | $1.17B | $1.12B | $1.12B | $1.15B | $1.11B | $1.06B | $1.08B | $1.11B | $1.03B | $995M | $1.03B | $1.09B | $1.01B | $989M | |
| SG&A Expense | $873M | $802M | $1.04B | $805M | $803M | $764M | $926M | $815M | $741M | $714M | $942M | $741M | $771M | $705M | $945M | $725M | |
| Operating Expenses | $2.35B | $2.34B | $2.51B | $2.22B | $2.22B | $2.21B | $2.33B | $2.17B | $2.11B | $2.11B | $2.26B | $2.02B | $2.08B | $2.08B | $2.23B | $2.01B | |
| Operating Income | $1.81B | $2.00B | $1.67B | $1.68B | $1.55B | $1.58B | $1.31B | $1.43B | $1.45B | $1.39B | $891M | $1.07B | $911M | $1.14B | $717M | $853M | |
| Interest Expense | · | · | · | · | · | $78M | · | $72M | $77M | $78M | · | $84M | $88M | $85M | · | $71M | |
| Other Non-op | $4M | $2M | $10M | $2M | $28M | $-4M | $15M | $-2M | $3M | $9M | $-20M | $5M | $11M | $-11M | $-17M | $37M | |
| Pretax Income | $1.73B | $1.91B | $1.63B | $1.60B | $1.50B | $1.50B | $1.25B | $1.36B | $1.38B | $1.32B | $794M | $995M | $834M | $1.05B | $621M | $823M | |
| Income Tax | $406M | $404M | $407M | $333M | $342M | $325M | $287M | $313M | $293M | $248M | $150M | $181M | $259M | $188M | $127M | $145M | |
| Net Income | $1.22B | $1.40B | $1.13B | $1.18B | $1.07B | $1.09B | $879M | $971M | $1.01B | $991M | $578M | $742M | $511M | $795M | $433M | $608M | |
| EPS (Basic) | $4.12 | $4.69 | $3.76 | $3.86 | $3.50 | $3.55 | $2.85 | $3.12 | $3.23 | $3.16 | $1.84 | $2.34 | $1.60 | $2.47 | $1.05 | $1.84 | |
| EPS (Diluted) | $4.12 | $4.69 | $3.76 | $3.86 | $3.50 | $3.54 | $2.85 | $3.11 | $3.23 | $3.16 | $1.83 | $2.33 | $1.60 | $2.47 | $1.03 | $1.84 | |
| Shares (Basic) | 295,400,000 | 297,300,000 | · | 304,300,000 | 305,900,000 | 307,300,000 | · | 311,200,000 | 313,000,000 | 313,600,000 | · | 317,500,000 | 319,300,000 | 321,300,000 | · | 329,600,000 | |
| Shares (Diluted) | 295,500,000 | 297,600,000 | · | 304,500,000 | 306,100,000 | 307,700,000 | · | 311,500,000 | 313,200,000 | 314,000,000 | · | 318,000,000 | 319,800,000 | 322,100,000 | · | 330,900,000 | |
| EBITDA | $1.81B | $2.00B | · | $1.68B | $1.55B | $1.58B | · | $1.43B | $1.45B | $1.39B | · | $1.07B | $911M | $1.14B | · | $853M |
Balance Sheet
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $4.13B | $1.81B | $1.75B | $1.67B | $1.85B | $1.47B | $1.67B | $1.70B | $2.04B | $1.54B | · | $1.65B | $1.56B | $1.40B | · | $1.39B | |
| Short-term Investments | · | · | $56M | · | · | · | $20M | · | · | · | · | · | · | · | · | · | |
| Receivables | $3.44B | $3.49B | $3.44B | $2.86B | $2.98B | $3.08B | $2.87B | $2.63B | $2.71B | $2.98B | · | $2.55B | $2.54B | $2.48B | · | $2.21B | |
| Prepaid Expense | $1.01B | $889M | $858M | $926M | $1.05B | $790M | $906M | $832M | $832M | $845M | · | $611M | $613M | $626M | · | $576M | |
| Current Assets | $8.71B | $6.32B | $6.30B | $5.65B | $5.88B | $5.34B | $5.46B | $5.20B | $5.64B | $5.43B | · | $4.80B | $4.72B | $5.82B | · | $4.18B | |
| PP&E (Net) | $254M | $261M | $278M | $270M | $275M | $266M | $265M | $252M | $248M | $247M | · | $254M | $258M | $281M | · | $305M | |
| PP&E (Gross) | · | · | $1.14B | · | · | · | $1.09B | · | · | · | · | · | · | · | · | · | |
| Accum. Depreciation | $852M | $871M | $861M | $843M | $839M | $820M | $823M | $820M | $805M | $800M | · | $795M | $802M | $836M | · | $867M | |
| Goodwill | $36.35B | $36.36B | $36.48B | $34.92B | $35.07B | $34.96B | $34.92B | $34.99B | $34.98B | $34.75B | $34.85B | $34.78B | $34.83B | $34.82B | $34.55B | $34.50B | |
| Intangibles | $15.70B | $15.98B | $16.27B | $15.81B | $16.08B | $16.31B | $16.56B | $16.85B | $17.10B | $17.12B | · | $17.64B | $17.91B | $18.17B | · | $19.52B | |
| Other Non-current Assets | $895M | $884M | $610M | $837M | $842M | $819M | $591M | $885M | $825M | $788M | · | $900M | $785M | $764M | · | $963M | |
| Total Assets | $62.91B | $60.79B | $61.20B | $59.75B | $60.40B | $59.89B | $60.22B | $60.37B | $60.96B | $60.48B | · | $60.56B | $60.70B | $62.02B | · | $61.81B | |
| Accounts Payable | $611M | $510M | $610M | $418M | $532M | $525M | $553M | $475M | $477M | $458M | · | $458M | $488M | $456M | · | $371M | |
| Current Liabilities | $9.12B | $9.34B | $7.64B | $5.80B | $5.98B | $5.92B | $6.39B | $5.50B | $5.50B | $5.88B | · | $5.22B | $6.03B | $6.39B | · | $5.05B | |
| Capital Leases | $452M | $458M | $494M | $481M | $512M | $522M | $535M | $527M | $515M | $524M | · | $543M | $547M | $566M | · | $592M | |
| Deferred Tax | $3.15B | $3.23B | $3.26B | $3.03B | $3.17B | $3.32B | $3.40B | $3.42B | $3.54B | $3.63B | · | $3.67B | $3.69B | $3.91B | · | $4.34B | |
| Other Non-current Liabilities | $764M | $771M | $1.11B | $1.17B | $1.19B | $833M | $815M | $933M | $820M | $595M | · | $507M | $495M | $476M | · | $445M | |
| Total Liabilities | $26.27B | $24.59B | $25.05B | $22.05B | $22.43B | $22.16B | $22.71B | $21.98B | $21.97B | $22.23B | · | $21.54B | $21.63B | $22.25B | · | $21.41B | |
| Long-term Debt | $15.17B | $13.32B | $13.09B | $11.38B | $11.39B | $11.39B | $11.40B | $11.40B | $11.40B | $11.71B | · | $11.46B | $11.50B | $11.66B | · | $10.79B | |
| Total Debt | $12.60B | $10.62B | · | $11.38B | $11.38B | $11.39B | · | $11.40B | $11.40B | $11.40B | · | $11.41B | $10.68B | $10.73B | · | $10.73B | |
| Common Stock | $415M | $415M | $415M | $415M | $415M | $415M | $415M | $415M | $415M | $415M | · | $415M | $415M | $415M | · | $415M | |
| Retained Earnings | $25.62B | $24.80B | $23.67B | $23.29B | $22.40B | $21.80B | $20.98B | $20.36B | $19.96B | $19.43B | · | $18.73B | $18.28B | $18.17B | · | $17.73B | |
| Treasury Stock | $38.31B | $37.82B | $36.37B | $34.12B | $33.02B | $32.38B | $31.67B | $30.35B | $29.06B | $28.99B | · | $27.31B | $26.71B | $25.78B | · | $24.17B | |
| AOCI | $-772M | $-736M | $-697M | $-798M | $-795M | $-826M | $-883M | $-714M | $-839M | $-825M | · | $-846M | $-813M | $-861M | · | $-1.04B | |
| Stockholders' Equity | $31.50B | $31.17B | $31.13B | $33.13B | $33.39B | $33.37B | $33.16B | $33.99B | $34.88B | $34.33B | · | $35.42B | $35.47B | $36.27B | · | $37.17B | |
| Liabilities + Equity | $62.91B | $60.79B | $61.20B | $59.75B | $60.40B | $59.89B | $60.22B | $60.37B | $60.96B | $60.48B | · | $60.56B | $60.70B | $62.02B | · | $61.81B | |
| Shares Outstanding | 294,800,000 | 296,000,000 | 298,800,000 | 303,400,000 | 305,300,000 | 306,700,000 | 307,800,000 | 310,300,000 | 313,000,000 | 313,100,000 | 314,100,000 | 316,800,000 | 318,200,000 | 320,800,000 | 321,900,000 | 325,800,000 |
Cash Flow
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock-based Comp | $56M | $39M | $69M | $75M | $45M | $47M | $70M | $95M | $49M | $33M | $28M | $46M | $51M | $46M | $54M | $17M | |
| Deferred Tax | $-64M | $-50M | $45M | $-149M | $-75M | $-63M | $-52M | $-109M | $-95M | $-67M | $49M | $-46M | $-217M | $-167M | $-198M | $-64M | |
| Amort. of Intangibles | $275M | $276M | $265M | $266M | $270M | $268M | $276M | $271M | $266M | $264M | $259M | $260M | $261M | $262M | $260M | $267M | |
| Operating Cash Flow | $1.44B | $1.04B | $1.75B | $1.50B | $1.45B | $953M | $1.74B | $1.45B | $1.56B | $948M | $1.33B | $1.01B | $769M | $594M | $1.11B | $814M | |
| CapEx | $38M | $27M | $46M | $45M | $61M | $43M | $33M | $35M | $32M | $24M | $48M | $36M | $31M | $28M | $28M | $21M | |
| Investing Cash Flow | $-39M | $291M | $-472M | $-101M | $-52M | $-79M | $7M | $57M | $-299M | $-20M | $-45M | $-49M | $909M | $-253M | $-61M | $-56M | |
| Stock Repurchased | $500M | $1.00B | $2.50B | $1.20B | $651M | $650M | $1.30B | $1.50B | $0 | $500M | $1.30B | $500M | $1.00B | $500M | $1.00B | $2.50B | |
| Net Stock Activity | · | $-1.00B | · | · | · | $-650M | · | · | · | $-500M | · | · | · | $-500M | · | · | |
| Dividends Paid | $287M | $288M | $290M | $291M | $294M | $295M | $280M | $282M | $286M | $286M | $283M | $286M | $288M | $290M | $275M | $277M | |
| Financing Cash Flow | $945M | $-1.24B | $-1.20B | $-1.57B | $-1.06B | $-1.10B | $-1.72B | $-1.88B | $-748M | $-657M | $-1.68B | $-855M | $-1.52B | $-230M | $-1.20B | $-2.86B | |
| Net Change in Cash | $2.33B | $65M | $73M | $-175M | $378M | $-197M | $-31M | $-342M | $495M | $253M | $-355M | $84M | $157M | $118M | $-102M | $-2.18B | |
| Free Cash Flow | · | $1.01B | · | · | · | $910M | · | · | · | $924M | · | · | · | $566M | · | · | |
| Levered FCF | · | · | · | · | · | $849M | · | · | · | $861M | · | · | · | $496M | · | · |
Profitability
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 43.7% | 48.0% | · | 43.1% | 41.3% | 41.8% | · | 40.1% | 40.9% | 39.7% | · | 34.8% | 29.4% | 36.2% | · | 29.8% | |
| Net Margin | 29.3% | 33.5% | · | 30.2% | 28.5% | 28.9% | · | 27.2% | 28.5% | 28.4% | · | 24.1% | 16.5% | 25.2% | · | 21.2% | |
| Pretax Margin | 41.7% | 45.7% | · | 41.1% | 40.0% | 39.6% | · | 38.0% | 38.8% | 37.7% | · | 32.3% | 26.9% | 33.2% | · | 28.8% | |
| EBITDA Margin | 43.7% | 48.0% | · | 43.1% | 41.3% | 41.8% | · | 40.1% | 40.9% | 39.7% | · | 34.8% | 29.4% | 36.2% | · | 29.8% | |
| ROA | 2.0% | 2.3% | · | 2.0% | 1.8% | 1.8% | · | 1.6% | 1.7% | 1.6% | · | 1.2% | 0.82% | 1.2% | · | 1.6% | |
| ROE | 3.8% | 4.3% | · | 3.5% | 3.1% | 3.2% | · | 2.8% | 2.9% | 2.8% | · | 2.0% | 1.4% | 2.1% | · | 3.1% | |
| ROIC | 3.1% | 3.8% | · | 3.0% | 2.7% | 2.8% | · | 2.4% | 2.5% | 2.5% | · | 1.9% | 1.4% | 2.0% | · | 1.5% |
Liquidity & Solvency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.0 | 0.7 | · | 1.0 | 1.0 | 0.9 | · | 0.9 | 1.0 | 0.9 | · | 0.9 | 0.8 | 0.9 | · | 0.8 | |
| Quick Ratio | 0.8 | 0.6 | · | 0.8 | 0.8 | 0.8 | · | 0.8 | 0.9 | 0.8 | · | 0.8 | 0.7 | 0.6 | · | 0.7 | |
| Debt / Equity | 0.4 | 0.3 | · | 0.3 | 0.3 | 0.3 | · | 0.3 | 0.3 | 0.3 | · | 0.3 | 0.3 | 0.3 | · | 0.3 | |
| LT Debt / Equity | 0.4 | 0.3 | · | 0.3 | 0.3 | 0.3 | · | 0.3 | 0.3 | 0.3 | · | 0.3 | 0.3 | 0.3 | · | 0.3 | |
| Interest Coverage | · | · | · | · | · | 20.2 | · | 19.9 | 18.9 | 17.8 | · | 12.8 | 10.4 | 13.5 | · | · |
Efficiency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.0 | 0.0 | · | 0.1 | |
| Receivables Turnover | 1.3 | 1.3 | · | 1.4 | 1.3 | 1.2 | · | 1.4 | 1.4 | 1.3 | · | 1.3 | 1.3 | 1.3 | · | 1.6 |
Per Share
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $106.86 | $105.31 | · | $109.21 | $109.37 | $108.81 | · | $109.55 | $111.44 | $109.64 | · | $111.80 | $111.46 | $113.08 | · | $114.08 | |
| Revenue / Share | $14.03 | $14.02 | · | $12.77 | $12.27 | $12.27 | · | $11.48 | $11.33 | $11.12 | · | $9.70 | $9.70 | $9.81 | · | $8.65 | |
| Cash Flow / Share | · | $3.48 | · | · | · | $3.10 | · | · | · | $3.02 | · | · | · | $1.84 | · | · | |
| Cash / Share | $14.02 | $6.11 | · | $5.51 | $6.05 | $4.79 | · | $5.47 | $6.51 | $4.93 | · | $5.19 | $4.91 | $4.37 | · | $4.26 | |
| Dividend / Share | $0.97 | $0.97 | $0.96 | $0.96 | $0.96 | $0.96 | $0.91 | $0.91 | $0.91 | $0.91 | $0.90 | $0.90 | $0.90 | $0.90 | $0.85 | $0.85 | |
| EPS (TTM) | $16.43 | $15.81 | · | $13.75 | $13.00 | $12.73 | · | $11.33 | $10.55 | $8.92 | · | $7.43 | $6.94 | $8.20 | · | $11.96 |
Valuation (TTM)
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $16.12B | $15.73B | · | $15.01B | $14.70B | $14.49B | · | $13.77B | $13.28B | $12.83B | · | $12.28B | $12.06B | $11.95B | · | $10.33B | |
| Net Income TTM | $4.92B | $4.78B | · | $4.22B | $4.01B | $3.95B | · | $3.55B | $3.32B | $2.82B | · | $2.48B | $2.35B | $2.81B | · | $3.49B | |
| Market Cap | $113.59B | $125.90B | · | $147.67B | $160.98B | $155.83B | · | $160.31B | $139.60B | $133.21B | · | $115.76B | $127.56B | $110.60B | · | $99.48B | |
| Enterprise Value | $122.05B | $134.71B | · | $157.38B | $170.52B | $165.75B | · | $170.01B | $148.96B | $143.07B | · | $125.53B | $136.68B | $119.93B | · | $108.83B | |
| P/E | 23.5 | 26.9 | · | 35.4 | 40.6 | 39.9 | · | 45.6 | 42.3 | 47.7 | · | 49.2 | 57.8 | 42.0 | · | 25.5 | |
| P/S | 7.0 | 8.0 | · | 9.8 | 11.0 | 10.8 | · | 11.6 | 10.5 | 10.4 | · | 9.4 | 10.6 | 9.3 | · | 9.6 | |
| P/B | 3.6 | 4.0 | · | 4.5 | 4.8 | 4.7 | · | 4.7 | 4.0 | 3.9 | · | 3.3 | 3.6 | 3.0 | · | 2.7 | |
| P / Cash Flow | · | 121.4 | · | · | · | 163.5 | · | · | · | 140.5 | · | · | · | 186.2 | · | · | |
| EV / Revenue | 7.6 | 8.6 | · | 10.5 | 11.6 | 11.4 | · | 12.3 | 11.2 | 11.2 | · | 10.2 | 11.3 | 10.0 | · | 10.5 | |
| Dividend Yield | 1.0% | 0.92% | · | 0.79% | 0.71% | 0.73% | · | 0.71% | 0.82% | 0.86% | · | 0.98% | 0.89% | 1.0% | · | 0.94% | |
| Earnings Yield | 4.3% | 3.7% | · | 2.8% | 2.5% | 2.5% | · | 2.2% | 2.4% | 2.1% | · | 2.0% | 1.7% | 2.4% | · | 3.9% | |
| Payout Ratio | · | 20.6% | · | · | · | 27.1% | · | · | · | 28.9% | · | · | · | 36.5% | · | · | |
| Annual Payout | $1.16B | $1.16B | · | $1.16B | $1.15B | $1.14B | · | $1.14B | $1.14B | $1.14B | · | $1.14B | $1.13B | $1.13B | · | $935M |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Revenue | $15.34B | $14.21B | $12.50B | $11.18B | $8.30B |
| Operating Margin % | 42.2% | 39.3% | 32.2% | 44.2% | 50.9% |
| Net Income | $4.47B | $3.85B | $2.63B | $3.25B | $3.02B |
| Diluted EPS | $14.66 | $12.35 | $8.23 | $10.20 | $12.51 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Debt / Equity | 0.4 | 0.3 | 0.3 | 0.3 | 2.0 |
| Current Ratio | 0.8 | 0.9 | 0.8 | 0.9 | 2.3 |
| Quick Ratio | 0.7 | 0.7 | 0.7 | 0.6 | 2.1 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Free Cash Flow | $5.46B | $5.57B | $3.57B | $2.51B | $3.56B |
Institutional owners (13F) 2,187 filers · $120.6B total · As of Sept. 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 164 (-82 vs prior Q) | 236 (-12 vs prior Q) | 696 (-68 vs prior Q) | 884 (+15 vs prior Q) | +3.3M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| VANGUARD GROUP INC | $15,873,339,928 | 30,374,366 | 13.16% | Shares |
| BlackRock, Inc. | $9,766,740,650 | 23,981,586 | 8.10% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $7,861,021,711 | 19,302,219 | 6.52% | Shares |
| STATE STREET CORP | $5,898,260,648 | 14,482,789 | 4.89% | Shares |
| TCI FUND MANAGEMENT LTD | $5,735,017,808 | 14,081,957 | 4.75% | Shares |
| MORGAN STANLEY | $2,976,778,092 | 7,309,278 | 2.47% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $2,801,306,042 | 6,903,684 | 2.32% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $2,552,019,854 | 6,266,316 | 2.12% | Shares |
| WELLINGTON MANAGEMENT GROUP LLP | $2,169,661,767 | 5,327,461 | 1.80% | Shares |
| EAGLE CAPITAL MANAGEMENT LLC | $1,656,582,354 | 4,067,628 | 1.37% | Shares |
| NORGES BANK | $1,574,805,593 | 3,866,831 | 1.31% | Shares |
| Capital International Investors | $1,478,512,433 | 3,630,191 | 1.23% | Shares |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $1,260,533,796 | 2,963,591 | 1.04% | Shares |
| NORTHERN TRUST CORP | $1,208,436,126 | 2,967,235 | 1.00% | Shares |
| FMR LLC | $1,091,325,634 | 2,679,678 | 0.90% | Shares |
| GOLDMAN SACHS GROUP INC | $1,070,665,009 | 2,628,947 | 0.89% | Shares |
| PERSHING SQUARE INC. | $1,056,088,305 | 2,593,155 | 0.88% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $990,399,304 | 2,431,860 | 0.82% | Shares |
| WELLS FARGO & COMPANY/MN | $973,048,301 | 2,389,255 | 0.81% | Shares |
| Invesco Ltd. | $944,062,892 | 2,318,084 | 0.78% | Shares |
| BANK OF AMERICA CORP /DE/ | $865,892,237 | 2,126,141 | 0.72% | Shares |
| EdgePoint Investment Group Inc. | $834,824,762 | 2,049,857 | 0.69% | Shares |
| Unisphere Establishment | $821,884,056 | 2,133,600 | 0.68% | Shares |
| Mitsubishi UFJ Asset Management Co., Ltd. | $816,969,262 | 2,006,014 | 0.68% | Shares |
| Legal & General Group Plc | $805,298,408 | 1,977,357 | 0.67% | Shares |
| FRANKLIN RESOURCES INC | $792,959,379 | 1,947,059 | 0.66% | Shares |
| JPMORGAN CHASE & CO | $763,171,694 | 1,867,953 | 0.63% | Shares |
| Soroban Capital Partners LP | $705,228,928 | 1,731,643 | 0.58% | Shares |
| Bank of New York Mellon Corp | $699,729,736 | 1,718,140 | 0.58% | Shares |
| Nuveen, LLC | $690,107,949 | 1,694,515 | 0.57% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $688,143,964 | 1,689,692 | 0.57% | Shares |
| AMERIPRISE FINANCIAL INC | $686,622,726 | 1,675,844 | 0.57% | Shares |
| UBS Group AG | $684,027,381 | 1,679,584 | 0.57% | Shares |
| ALLIANCEBERNSTEIN L.P. | $651,243,603 | 1,531,113 | 0.54% | Shares |
| FLOSSBACH VON STORCH SE | $642,521,070 | 1,577,668 | 0.53% | Shares |
| Fayez Sarofim & Co | $624,632,777 | 1,533,744 | 0.52% | Shares |
| Valley Forge Capital Management, LP | $620,678,901 | 1,524,036 | 0.51% | Shares |
| Temasek Holdings (Private) Ltd | $613,705,388 | 1,506,913 | 0.51% | Shares |
| PARNASSUS INVESTMENTS, LLC | $597,951,757 | 1,468,231 | 0.50% | Shares |
| Amundi | $588,232,439 | 1,444,366 | 0.49% | Shares |
| AQR CAPITAL MANAGEMENT LLC | $568,471,670 | 1,395,878 | 0.47% | Shares |
| Rothschild & Co Wealth Management UK Ltd | $543,366,699 | 1,334,201 | 0.45% | Shares |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $536,725,510 | 1,317,894 | 0.44% | Shares |
| HSBC HOLDINGS PLC | $483,425,720 | 1,218,370 | 0.40% | Shares |
| BARCLAYS PLC | $471,736,997 | 1,158,319 | 0.39% | Shares |
| CITADEL ADVISORS LLC | $454,506,233 | 1,116,010 | 0.38% | Shares |
| CIBC Private Wealth Group LLC | $440,700,593 | 905,469 | 0.37% | Shares |
| NEUBERGER BERMAN GROUP LLC | $437,710,742 | 1,097,962 | 0.36% | Shares |
| FIRST MANHATTAN CO. LLC. | $420,976,503 | 1,033,680 | 0.35% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $418,150,132 | 1,026,740 | 0.35% | Shares |
Activists & 5%+ owners 2 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Ontario Teachers’ Pension Plan Board ×4 filings | Feb. 7, 2012 | · | Initial filing | · | SEC |
| JANA PARTNERS LLC ×3 filings | Feb. 6, 2012 | · | Initial filing | · | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders 85 insiders · 51 officers · 26 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Catherine R Clay | CEO, S&P Dow Jones Indices | May 1, 2026 P | 2,500 | 1 | 0 | $1,078,475 |
| Martina Cheung | CEO & President | April 29, 2026 P | 27,518 | 1 | 0 | $998,297 |
| Daniel E Draper | CEO, S&P Dow Jones Indices | March 4, 2025 F | 8,979 | 0 | 0 | $0 |
| Alexander Matturri JR | CEO, S&P Dow Jones Indices | April 1, 2020 A | 18,728 | 0 | 0 | $0 |
| Glenn S Goldberg | Asst. to CEO; SVP, Corp. Affrs | Sept. 14, 2005 A | 53,113 | 0 | 0 | $0 |
| Eric W. Aboaf | EVP, Chief Financial Officer | March 1, 2026 M | 1,311 | 0 | 0 | $0 |
| Ewout L Steenbergen | EVP & Chief Financial Officer | Dec. 31, 2023 M | 5,104 | 0 | 0 | $0 |
| John F Callahan Jr | EVP and CFO | July 29, 2016 M | 90,834 | 0 | 0 | $0 |
| Robert J Bahash | EVP & Chief Financial Officer | April 1, 2010 A | 464,083 | 0 | 0 | $0 |
| William W Eager | President, S&P Global Mobility | July 1, 2026 D | 14,867 | 2 | 0 | $11,908 |
| David P Ernsberger | President, S&P Global Energy | March 1, 2026 A | 4,947 | 0 | 0 | $0 |
| Yann Le Pallec | President, S&P Global Ratings | March 1, 2026 A | 2,859 | 0 | 0 | $0 |
| Saugata Saha | President, Market Intelligence | March 1, 2026 A | 8,022 | 0 | 0 | $0 |
| Edouard Tavernier | President, S&P Global Mobility | Aug. 6, 2025 S | 17,138 | 0 | 0 | $0 |
| Adam Jason Kansler | President, Market Intelligence | Aug. 1, 2024 S | 26,736 | 0 | 0 | $0 |
| Martin Fraenkel | President, Platts | Dec. 31, 2020 M | 6,607 | 0 | 0 | $0 |
| Michael Chinn | President, Market Intelligence | Dec. 31, 2018 M | 35,332 | 0 | 0 | $0 |
| Finbarr J Oneill | President, JDPA | Aug. 1, 2016 M | 21,380 | 0 | 0 | $0 |
| Hatcher Imogen Dillon | President,Platts | May 1, 2016 M | 2,384 | 0 | 0 | $0 |
| Lawrence Neal | President, Platts | Aug. 5, 2015 S | 18,277 | 0 | 0 | $0 |
| Neeraj Sahai | President, S&P Ratings | April 1, 2015 A | · | 0 | 0 | $0 |
| Darren Robert Thomas | Co-Head, Market Intelligence | Aug. 1, 2026 M | 6,505 | 0 | 0 | $0 |
| Firdaus Bhathena | EVP, CTTO | May 1, 2026 A | · | 0 | 0 | $0 |
| Christopher Craig | SVP and Controller | April 1, 2026 M | 11,491 | 0 | 0 | $0 |
| Girish Ganesan | EVP, Chief People Officer | March 1, 2026 A | 2,286 | 0 | 0 | $0 |
| Christina Twomey | Chief Communications Officer | March 1, 2026 A | 1,268 | 0 | 0 | $0 |
| Sally Moore | EVP, Chief Client Officer | March 1, 2026 A | 7,717 | 0 | 0 | $0 |
| Steven J Kemps | EVP, Chief Legal Officer | March 1, 2026 A | 13,141 | 0 | 0 | $0 |
| Mark Eramo | Co-Pres., Commodity Insights | March 4, 2025 F | 735 | 0 | 0 | $0 |
| Sitarama Swamy Kocherlakota | EVP, Chief Digital Officer | March 4, 2025 F | 9,418 | 0 | 0 | $0 |
| Dimitra Manis | EVP, Chief Purpose Officer | Aug. 1, 2024 G | 1,483 | 0 | 0 | $0 |
| Nancy Luquette | EVP, Chief Risk Officer | March 1, 2023 A | 3,838 | 0 | 0 | $0 |
| John L Berisford | Executive Advisor | Aug. 4, 2022 S | 24,430 | 0 | 0 | $0 |
| Courtney Geduldig | EVP, Public Affairs | May 1, 2020 A | 3,250 | 0 | 0 | $0 |
| Nicholas Cafferillo | Chief Technology Officer | Dec. 31, 2019 M | 3,741 | 0 | 0 | $0 |
| Robert Mackay | SVP and Controller | April 3, 2018 M | 9,680 | 0 | 0 | $0 |
| Krishna Nathan | EVP and CIO | Dec. 31, 2017 M | 675 | 0 | 0 | $0 |
| Paul James Sheard | EVP & Chief Economist | Dec. 31, 2017 M | 4,980 | 0 | 0 | $0 |
| Donald R. Howard | EMD, Chief Risk Officer | May 16, 2016 M | 0 | 0 | 0 | $0 |
| David Mark Goldenberg | Acting General Counsel | April 1, 2016 A | · | 0 | 0 | $0 |
| Emmanuel N Korakis | SVP, Controller | May 1, 2015 M | 1,670 | 0 | 0 | $0 |
| Luciana Fato | EVP, General Counsel | April 1, 2015 A | · | 0 | 0 | $0 |
| Edward D I Smyth | EVP Corporate Affairs | March 2, 2015 S | 37,286 | 0 | 0 | $0 |
| Zouhair Sebati | Chief Information Officer | Oct. 1, 2014 A | · | 0 | 0 | $0 |
| Kenneth M Vittor | EVP & General Counsel | June 9, 2014 S | 100,322 | 0 | 0 | $0 |
| Charles L. Teschner Jr. | EVP, Global Strategy | Dec. 5, 2013 M | 76,783 | 0 | 0 | $0 |
| David L Murphy | EVP, Human Resources | Feb. 22, 2011 D | 95,540 | 0 | 0 | $0 |
| Bruce D Marcus | EVP, Chief Information Officer | April 1, 2010 A | 23,590 | 0 | 0 | $0 |
| Luc D Gregoire | SVP & Corporate Controller | April 1, 2008 A | 3,394 | 0 | 0 | $0 |
| Talia M Griep | Corp Cont/SVP, Global Bus Svcs | April 2, 2007 A | 34,815 | 0 | 0 | $0 |
| Deven Sharma | EVP, Global Strategy | April 3, 2006 A | 83,257 | 0 | 0 | $0 |
| Robert Edward Moritz Jr. | Director | April 30, 2026 P | 1,152 | 1 | 0 | $500,003 |
| Hubert Joly | Director | Feb. 11, 2026 P | 2,665 | 2 | 0 | $997,460 |
| Gregory N Washington | Director | Jan. 2, 2026 A | · | 0 | 0 | $0 |
| Ian Paul Livingston | Director | Jan. 2, 2026 A | · | 0 | 0 | $0 |
| Marco Alvera | Director | Jan. 2, 2026 A | 400 | 0 | 0 | $0 |
| Stephanie C. Hill | Director | Jan. 2, 2026 A | 400 | 0 | 0 | $0 |
| Rebecca Jacoby | Director | Jan. 2, 2026 A | 469 | 0 | 0 | $0 |
| Maria R Morris | Director | Jan. 2, 2026 A | 400 | 0 | 0 | $0 |
| Douglas L. Peterson | Director | May 1, 2025 S | 48,842 | 0 | 0 | $0 |
| Richard E Thornburgh | Director | Feb. 25, 2025 G | 0 | 0 | 0 | $0 |
| Gay Huey Evans | Director | Jan. 2, 2025 A | 490 | 0 | 0 | $0 |
| Robert P Kelly | Director | Jan. 2, 2025 A | 15,830 | 0 | 0 | $0 |
| Deborah D Mcwhinney | Director | Jan. 2, 2024 A | 10,736 | 0 | 0 | $0 |
| Edward B Rust JR | Director | Jan. 3, 2023 A | · | 0 | 0 | $0 |
| Monique F. Leroux | Director | May 5, 2022 A | · | 0 | 0 | $0 |
| Kurt L Schmoke | Director | May 5, 2022 A | 1,036 | 0 | 0 | $0 |
| Amelio J. William | Director | May 5, 2022 A | · | 0 | 0 | $0 |
| Charles E Haldeman | Director | May 6, 2021 A | 3,000 | 0 | 0 | $0 |
| Michael Rake | Director | May 10, 2019 A | 400 | 0 | 0 | $0 |
| Robert P Mcgraw | Director | April 28, 2016 A | 67,575 | 0 | 0 | $0 |
| Sidney Taurel | Director | April 28, 2016 A | · | 0 | 0 | $0 |
| Harold Mcgraw III | Director | Feb. 27, 2015 M | 1,569,889 | 0 | 0 | $0 |
| Linda Koch Lorimer | Director | May 6, 2014 A | 8,165 | 0 | 0 | $0 |
| Pedro Aspe | Director | Nov. 1, 2013 A | · | 0 | 0 | $0 |
| Douglas N Daft | Director | Jan. 3, 2012 A | · | 0 | 0 | $0 |
| Jacques Esculier | · | Jan. 2, 2026 A | 1,273 | 0 | 0 | $0 |
| William D Green | · | Jan. 2, 2026 A | 1,000 | 0 | 0 | $0 |
| Brillembourg Hilda Ochoa | · | April 27, 2017 A | · | 0 | 0 | $0 |
| Winfried F W Sir Bischoff | · | April 27, 2017 A | · | 0 | 0 | $0 |
| France Gingras | · | April 3, 2017 A | 11,728 | 0 | 0 | $0 |
| James H Ross | · | Jan. 5, 2009 A | 2,193 | 0 | 0 | $0 |
| Peter C Davis | · | April 1, 2008 A | 15,570 | 0 | 0 | $0 |
| David B Stafford | · | April 1, 2008 A | 19,221 | 0 | 0 | $0 |
| Vartan Gregorian | · | Jan. 5, 2004 A | 2,024 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 147 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| EQTY · Valued Advisers Trust | 2.89% | 100,076 NS | July 31, 2026 | N-PORT |
| SEMG · EA Series Trust | 2.76% | 4,183 NS | July 31, 2026 | N-PORT |
| COMT · iShares U.S. ETF Trust | 2.00% | 27,670,000 SH | Sept. 11, 2026 | Daily |
| ESLG · Strategy Shares | 1.88% | 1,060 NS | July 31, 2026 | N-PORT |
| IYF · iShares Trust | 1.85% | 197,073 SH | Sept. 11, 2026 | Daily |
| IYG · iShares Trust | 1.72% | 91,957 SH | Sept. 11, 2026 | Daily |
| VFH · VANGUARD WORLD FUND | 1.44% | 493,780 SH | Aug. 19, 2026 | Daily |
| FNCL · FIDELITY COVINGTON TRUST | 1.38% | 79,616 NS | July 31, 2026 | N-PORT |
| YOKE · EA Series Trust | 1.36% | 7,717 NS | July 31, 2026 | N-PORT |
| BKCG · BNY Mellon ETF Trust II | 1.35% | 3,941 NS | July 31, 2026 | N-PORT |
| RSPF · Invesco Exchange-Traded Fund Trust | 1.32% | 12,439 SH | Oct. 1, 2026 | Daily |
| KNG · First Trust Exchange-Traded Fund IV | 1.32% | 113,185 NS | July 31, 2026 | N-PORT |
| NULV · Nushares ETF Trust | 1.26% | 67,063 NS | July 31, 2026 | N-PORT |
| QIDX · Spinnaker ETF Series | 1.20% | 1,129 NS | July 31, 2026 | N-PORT |
| XT · iShares Trust | 1.18% | 111,367 SH | Sept. 11, 2026 | Daily |
| ESLV · Strategy Shares | 1.11% | 385 NS | July 31, 2026 | N-PORT |
| GRW · TCW ETF Trust | 1.07% | 1,681 NS | July 31, 2026 | N-PORT |
| FAS · Direxion Shares ETF Trust | 1.05% | 59,743 NS | July 31, 2026 | N-PORT |
| NULC · Nushares ETF Trust | 0.96% | 1,639 NS | July 31, 2026 | N-PORT |
| AGRW · ALLSPRING EXCHANGE-TRADED FUNDS TRU… | 0.91% | 2,479 NS | July 31, 2026 | N-PORT |
| SOVF · Elevation Series Trust | 0.87% | 1,849 NS | July 31, 2026 | N-PORT |
| LCOW · Pacer Funds Trust | 0.86% | 542 NS | July 31, 2026 | N-PORT |
| ESUM · Strategy Shares | 0.86% | 3,814 NS | July 31, 2026 | N-PORT |
| IXG · iShares Trust | 0.78% | 13,169 SH | Sept. 11, 2026 | Daily |
| QUVU · Hartford Funds Exchange-Traded Trust | 0.73% | 3,215 NS | July 31, 2026 | N-PORT |
| XOEF · iShares Trust | 0.70% | 380 SH | Sept. 11, 2026 | Daily |
| FQAL · FIDELITY COVINGTON TRUST | 0.66% | 22,469 NS | July 31, 2026 | N-PORT |
| ESMV · iShares Trust | 0.63% | 120 SH | Sept. 11, 2026 | Daily |
| EVUS · iShares Trust | 0.63% | 5,877 SH | Sept. 11, 2026 | Daily |
| SUSA · iShares Trust | 0.63% | 61,805 SH | Sept. 11, 2026 | Daily |
| SAWG · ETF Series Solutions | 0.61% | 43 NS | July 31, 2026 | N-PORT |
| BSCT · Invesco Exchange-Traded Self-Indexe… | 0.60% | 18,390,000 | Oct. 1, 2026 | Daily |
| MGV · VANGUARD WORLD FUND | 0.55% | 181,040 SH | Aug. 19, 2026 | Daily |
| VIG · VANGUARD SPECIALIZED FUNDS | 0.54% | 1,712,919 SH | Aug. 19, 2026 | Daily |
| PABU · iShares Trust | 0.54% | 32,840 SH | Sept. 11, 2026 | Daily |
| HAPI · Harbor ETF Trust | 0.54% | 6,409 NS | July 31, 2026 | N-PORT |
| RCGE · EA Series Trust | 0.52% | 1,254 NS | July 31, 2026 | N-PORT |
| USXF · iShares Trust | 0.50% | 17,988 SH | Sept. 11, 2026 | Daily |
| OEI · Listed Funds Trust | 0.48% | 537 NS | July 31, 2026 | N-PORT |
| IWX · iShares Trust | 0.45% | 42,713 SH | Sept. 11, 2026 | Daily |
| VTV · VANGUARD INDEX FUNDS | 0.44% | 2,739,084 SH | Aug. 19, 2026 | Daily |
| PFM · Invesco Exchange-Traded Fund Trust | 0.43% | 8,397 SH | Oct. 1, 2026 | Daily |
| ACVF · ETF Opportunities Trust | 0.43% | 1,588 NS | July 31, 2026 | N-PORT |
| VEGN · ETF Series Solutions | 0.42% | 1,792 NS | July 31, 2026 | N-PORT |
| BSCR · Invesco Exchange-Traded Self-Indexe… | 0.39% | 18,076,000 | Oct. 1, 2026 | Daily |
| JQUA · J.P. Morgan Exchange-Traded Fund Tr… | 0.38% | 76,241 NS | July 31, 2026 | N-PORT |
| IQSU · New York Life Investments ETF Trust | 0.37% | 2,954 NS | July 31, 2026 | N-PORT |
| SUSL · iShares Trust | 0.36% | 10,700 SH | Sept. 11, 2026 | Daily |
| QUAL · iShares Trust | 0.36% | 405,744 SH | Sept. 11, 2026 | Daily |
| DSI · iShares Trust | 0.35% | 46,334 SH | Sept. 11, 2026 | Daily |
| ESGU · iShares Trust | 0.35% | 152,075 SH | Sept. 11, 2026 | Daily |
| ESG · FlexShares Trust | 0.35% | 1,110 NS | July 31, 2026 | N-PORT |
| VONV · VANGUARD SCOTTSDALE FUNDS | 0.34% | 178,474 SH | Aug. 19, 2026 | Daily |
| FXO · First Trust Exchange-Traded AlphaDE… | 0.34% | 9,294 NS | July 31, 2026 | N-PORT |
| IWD · iShares Trust | 0.33% | 656,936 SH | Sept. 11, 2026 | Daily |
| GLBL · Pacer Funds Trust | 0.30% | 8 NS | July 31, 2026 | N-PORT |
| OMFL · Invesco Exchange-Traded Self-Indexe… | 0.30% | 35,361 SH | Oct. 1, 2026 | Daily |
| MPLY · Strategy Shares | 0.30% | 114 NS | July 31, 2026 | N-PORT |
| PEVC · Pacer Funds Trust | 0.29% | 17 NS | July 31, 2026 | N-PORT |
| EGLE · Global X Funds | 0.28% | 15 NS | July 31, 2026 | N-PORT |
| LRGF · iShares Trust | 0.27% | 24,454 SH | Sept. 11, 2026 | Daily |
| FHEQ · Fidelity Greenwood Street Trust | 0.25% | 5,598 NS | July 31, 2026 | N-PORT |
| DGRO · iShares Trust | 0.25% | 258,428 SH | Sept. 11, 2026 | Daily |
| IUS · Invesco Exchange-Traded Self-Indexe… | 0.24% | 5,927 SH | Oct. 1, 2026 | Daily |
| ILCV · iShares Trust | 0.24% | 7,898 SH | Sept. 11, 2026 | Daily |
| VOOV · VANGUARD ADMIRAL FUNDS | 0.24% | 39,102 SH | Aug. 19, 2026 | Daily |
| IVE · iShares Trust | 0.23% | 281,704 SH | Sept. 11, 2026 | Daily |
| USCL · iShares Trust | 0.23% | 16,051 SH | Sept. 11, 2026 | Daily |
| TOPC · iShares Trust | 0.23% | 184 SH | Sept. 11, 2026 | Daily |
| CATH · Global X Funds | 0.22% | 7,002 NS | July 31, 2026 | N-PORT |
| IUSV · iShares Trust | 0.22% | 148,318 SH | Sept. 11, 2026 | Daily |
| MGC · VANGUARD WORLD FUND | 0.22% | 57,573 SH | Aug. 19, 2026 | Daily |
| IWL · iShares Trust | 0.22% | 11,508 SH | Sept. 11, 2026 | Daily |
| XVV · iShares Trust | 0.21% | 3,496 SH | Sept. 11, 2026 | Daily |
| QVML · Invesco Exchange-Traded Fund Trust … | 0.21% | 8,866 SH | Oct. 1, 2026 | Daily |
| ESGV · VANGUARD WORLD FUND | 0.21% | 66,838 SH | Aug. 19, 2026 | Daily |
| CHRI · Global X Funds | 0.20% | 39 NS | July 31, 2026 | N-PORT |
| XRMI · Global X Funds | 0.20% | 238 NS | July 31, 2026 | N-PORT |
| XYLG · Global X Funds | 0.20% | 305 NS | July 31, 2026 | N-PORT |
| EUSA · iShares, Inc. | 0.20% | 9,144 SH | Sept. 11, 2026 | Daily |
| RSP · Invesco Exchange-Traded Fund Trust | 0.19% | 467,603 SH | Oct. 1, 2026 | Daily |
| PTLC · Pacer Funds Trust | 0.19% | 15,342 NS | July 31, 2026 | N-PORT |
| XYLD · Global X Funds | 0.19% | 15,024 NS | July 31, 2026 | N-PORT |
| BBUS · J.P. Morgan Exchange-Traded Fund Tr… | 0.19% | 41,208 NS | July 31, 2026 | N-PORT |
| VOO · VANGUARD INDEX FUNDS | 0.19% | 7,874,864 SH | Aug. 19, 2026 | Daily |
| VV · VANGUARD INDEX FUNDS | 0.19% | 336,399 SH | Aug. 19, 2026 | Daily |
| IVV · iShares Trust | 0.19% | 3,821,815 SH | Sept. 11, 2026 | Daily |
| TOV · EA Series Trust | 0.19% | 1,192 NS | July 31, 2026 | N-PORT |
| VOTE · TCW ETF Trust | 0.19% | 5,056 NS | July 31, 2026 | N-PORT |
| BKLC · BNY Mellon ETF Trust | 0.19% | 25,100 NS | July 31, 2026 | N-PORT |
| XTR · Global X Funds | 0.19% | 22 NS | July 31, 2026 | N-PORT |
| ILCB · iShares Trust | 0.19% | 5,813 SH | Sept. 11, 2026 | Daily |
| XCLR · Global X Funds | 0.18% | 16 NS | July 31, 2026 | N-PORT |
| PBP · Invesco Exchange-Traded Fund Trust | 0.18% | 1,795 SH | Oct. 1, 2026 | Daily |
| PBUS · Invesco Exchange-Traded Fund Trust … | 0.18% | 52,291 SH | Oct. 1, 2026 | Daily |
| SIZE · iShares Trust | 0.18% | 1,882 SH | Sept. 11, 2026 | Daily |
| DFUS · Dimensional ETF Trust | 0.18% | 91,243 NS | July 31, 2026 | N-PORT |
| SPUU · Direxion Shares ETF Trust | 0.18% | 1,144 NS | July 31, 2026 | N-PORT |
| IYY · iShares Trust | 0.18% | 12,977 SH | Sept. 11, 2026 | Daily |
| QDPL · Pacer Funds Trust | 0.18% | 7,278 NS | July 31, 2026 | N-PORT |
| IWB · iShares Trust | 0.17% | 204,845 SH | Sept. 11, 2026 | Daily |
| ACIO · ETF Series Solutions | 0.17% | 9,853 NS | July 31, 2026 | N-PORT |
| ADME · ETF Series Solutions | 0.17% | 1,226 NS | July 31, 2026 | N-PORT |
| VOXP · Advisors Series Trust | 0.17% | 24 NS | July 31, 2026 | N-PORT |
| VONE · VANGUARD SCOTTSDALE FUNDS | 0.17% | 48,769 SH | Aug. 19, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.17% | 24,892 SH | Aug. 19, 2026 | Daily |
| ITOT · iShares Trust | 0.17% | 394,736 SH | Sept. 11, 2026 | Daily |
| IWV · iShares Trust | 0.17% | 81,352 SH | Sept. 11, 2026 | Daily |
| PRF · Invesco Exchange-Traded Fund Trust | 0.17% | 41,036 SH | Oct. 1, 2026 | Daily |
| BSCS · Invesco Exchange-Traded Self-Indexe… | 0.16% | 5,688,000 | Oct. 1, 2026 | Daily |
| VTI · VANGUARD INDEX FUNDS | 0.16% | 9,145,830 SH | Aug. 19, 2026 | Daily |
| HCMT · Direxion Shares ETF Trust | 0.15% | 2,109 NS | July 31, 2026 | N-PORT |
| IVW · iShares Trust | 0.15% | 284,707 SH | Sept. 11, 2026 | Daily |
| PHDG · Invesco Actively Managed Exchange-T… | 0.15% | 238 SH | Oct. 1, 2026 | Daily |
| VOOG · VANGUARD ADMIRAL FUNDS | 0.15% | 99,066 SH | Aug. 19, 2026 | Daily |
| DFSU · Dimensional ETF Trust | 0.15% | 8,230 NS | July 31, 2026 | N-PORT |
| IUSG · iShares Trust | 0.15% | 117,424 SH | Sept. 11, 2026 | Daily |
| SPXL · Direxion Shares ETF Trust | 0.15% | 23,703 NS | July 31, 2026 | N-PORT |
| TOK · iShares Trust | 0.14% | 837 SH | Sept. 11, 2026 | Daily |
| DFAU · Dimensional ETF Trust | 0.14% | 43,093 NS | July 31, 2026 | N-PORT |
| BSCU · Invesco Exchange-Traded Self-Indexe… | 0.14% | 4,475,000 | Oct. 1, 2026 | Daily |
| URTH · iShares, Inc. | 0.14% | 27,253 SH | Sept. 11, 2026 | Daily |
| TILT · FlexShares Trust | 0.13% | 6,964 NS | July 31, 2026 | N-PORT |
| GLOF · iShares Trust | 0.12% | 605 SH | Sept. 11, 2026 | Daily |
| ILCG · iShares Trust | 0.12% | 9,246 SH | Sept. 11, 2026 | Daily |
| ACWI · iShares Trust | 0.12% | 97,222 SH | Sept. 11, 2026 | Daily |
| CRBN · iShares Trust | 0.11% | 3,023 SH | Sept. 11, 2026 | Daily |
| DFAC · Dimensional ETF Trust | 0.10% | 121,206 NS | July 31, 2026 | N-PORT |
| DCOR · Dimensional ETF Trust | 0.10% | 8,375 NS | July 31, 2026 | N-PORT |
| FEUS · FlexShares Trust | 0.10% | 275 NS | July 31, 2026 | N-PORT |
| VT · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.10% | 248,083 SH | Aug. 19, 2026 | Daily |
| RWL · Invesco Exchange-Traded Fund Trust … | 0.08% | 19,093 SH | Oct. 1, 2026 | Daily |
| DXUV · Dimensional ETF Trust | 0.06% | 865 NS | July 31, 2026 | N-PORT |
| EQAL · Invesco Exchange-Traded Fund Trust … | 0.06% | 1,282 SH | Oct. 1, 2026 | Daily |
| LGDX · Tidal Trust III | 0.02% | 77 NS | July 31, 2026 | N-PORT |
| BIV · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| BLV · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| BSV · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| BND · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| VCRB · VANGUARD MALVERN FUNDS | · | · | July 15, 2026 | Daily |
| VCSH · VANGUARD SCOTTSDALE FUNDS | · | · | July 15, 2026 | Daily |
| VCIT · VANGUARD SCOTTSDALE FUNDS | · | · | July 15, 2026 | Daily |
| VCLT · VANGUARD SCOTTSDALE FUNDS | · | · | July 15, 2026 | Daily |
| VTC · VANGUARD SCOTTSDALE FUNDS | · | · | July 30, 2026 | Daily |
| BNDW · VANGUARD SCOTTSDALE FUNDS | · | · | July 30, 2026 | Daily |
| IAI · iShares Trust | · | 138,602 SH | Sept. 11, 2026 | Daily |
| VCEB · VANGUARD WORLD FUND | · | · | July 30, 2026 | Daily |
SPGI Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
12-Month Price Target
20 analysts · 2026-09-29Mean target $520.30 +34.7%
Peer comparison (GICS sub-industry) Key metrics vs sector peers
FY basis, prices as of each company's last fiscal year-end close.
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| SPGI | $156.15B | 35.6 | 7.9% | 29.1% | 13.9% | · |
| CME | · | 24.5 | 6.4% | 62.5% | 14.8% | · |
| ICE | $91.83B | 28.1 | 7.5% | 26.2% | 11.7% | · |
| MCO | · | 37.4 | 8.9% | 31.9% | 64.5% | · |
| NDAQ | $55.35B | 31.4 | 11.7% | 21.6% | 15.3% | 63.5% |
| COIN | $60.57B | 50.8 | 9.4% | 17.5% | 9.4% | · |
| MSCI | $42.21B | 36.6 | 9.8% | 38.4% | -67.9% | · |
| CBOE | · | · | 15.1% | 23.3% | 22.4% | 51.5% |
| TW | $25.32B | 28.4 | 18.9% | 39.6% | 13.2% | · |
| FDS | $14.05B | 24.0 | 5.4% | 25.7% | 28.1% | · |
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