What is the 13F Pro Quality Score for SPGI?

13F Pro ranks S&P Global Inc. (SPGI) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View SPGI's current score at https://13fpro.ai/research/SPGI (free sign-up required for the full ranking).

Which hedge funds own the most SPGI stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of SPGI include BlackRock,, VANGUARD CAPITAL MANAGEMENT, STATE STREET. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/research/SPGI as soon as new 13F filings post.

Where does 13F Pro source SPGI data?

All S&P Global Inc. fundamentals and ownership data come directly from SEC EDGAR. S&P Global Inc. files with the SEC under CIK 64040. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is SPGI in?

S&P Global Inc. (SPGI) is classified in the Financials sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/financials.

What drives SPGI's revenue?

Per S&P Global Inc.'s latest 10-Q filed with the SEC on 2026-04-28, the biggest revenue drivers are: Ratings ($1,302M, +13% YoY); Market Intelligence ($1,296M, +8% YoY); Energy ($652M, +7% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/research/SPGI.

What are SPGI's largest expenses?

S&P Global Inc.'s latest 10-Q reports these as the largest expense items: Operating-related expenses ($1,235M, +7% YoY); Selling and general expenses ($802M, +5% YoY); Depreciation and amortization ($307M, +5% YoY). Sourced directly from SEC EDGAR filing text for Q1 2026 (quarter ended March 31, 2026).

How often is SPGI research updated on 13F Pro?

SPGI's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

S&P Global Inc.(SPGI)Stock Analysis

AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →

Financials →NYSE

Institutional-grade research for retail investors

SEC EDGAR: CIK 64040 SPGI stock profile & AI dashboard →

13F Pro Quality Score

79.4/100

Rank #56 of 2,879 stocksTOP 5%

View Financials peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.

Revenue Growth

66.0/100

Profitability

91.4/100

Balance Sheet

80.8/100

Earnings Quality

72.7/100

Free Cash Flow

86.1/100

Institutional Flow

65.5/100

Revenue Scale

90.9/100

Dilution Risk

46.4/100

SPGI Stock Analysis & AI Quality Score

AI stock analysis and institutional research for S&P Global Inc. (SPGI), a Financials sector company. 13F Pro's AI-powered ranking engine scores SPGI at 79.4/100 on a 32-signal composite quality model, placing it at rank #56 of 2,879 stocks — the top 5% of the AI-ranked universe. SPGI scores in the top quartile across profitability (91.4), revenue scale (90.9), free cash flow (86.1). Shareholder dilution risk is elevated at 46.4/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), S&P Global Inc. reports quarterly revenue of $4.2B, net income of $1.4B, an operating margin of 48.0%. Top institutional holders of SPGI by reported 13-F value include BlackRock,, VANGUARD CAPITAL MANAGEMENT, STATE STREET, based on the most recent SEC filings. SPGI trades on the NYSE exchange and files with the SEC under CIK 64040. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate SPGI daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for S&P Global Inc. directly from SEC EDGAR. S&P Global Inc.'s 13F Pro composite quality score has ranged between 8 and 82 since 2021, currently 79.4 — a stable long-term trajectory across 56 quarterly and live scoring snapshots.

✦

Fun facts about S&P Global Inc.

Quirks, history, and lore behind SPGI — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. financial information company · large-cap · listed on the NYSE · headquartered in New York City.
2
The Numbers
Annual revenue around $14 billion, with operating margins that would make a software CEO blush — north of 40%. Data is a very good business.
3
The History
Its roots trace back to the late 1800s, when a financial journalist started publishing a daily index of stock prices that the whole world would eventually watch.
4
The Secret
It is one of the Big Three credit rating agencies, meaning it literally grades the debt of governments and corporations — including the U.S. itself — and got hauled before Congress after the 2008 financial crisis.
5
The Lore
It acquired IHS Markit in a roughly $44 billion deal, making it a colossus of commodity data, financial benchmarks, and analytics — the kind of company you've never thought about but can't live without.
6
The Giveaway
If you've ever checked the S&P 500 — and everyone has — you've used its most famous product. The other half of the name rhymes with global financial intelligence.

▶ Think you know your stocks? Play the Daily Ticker

What's Driving SPGI's Business? Latest 10-Q Breakdown

✓ 17/17 datapoints verified

AI-extracted from S&P Global Inc.'s 10-Q filed 2026-04-28 — Q1 2026 (quarter ended March 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

S&P Global revenue grew 10% to $4.17B in Q1 2026, with operating profit surging 27% to $2.00B, boosted by a $175M gain on divestitures and strong performance across all five segments.

Biggest Revenue Drivers

Total revenue: $4,171M+10% YoY

Ratings$1,302M+13% YoY

Higher corporate bond ratings revenue from strong investment grade issuance and increased surveillance revenue.

Market Intelligence$1,296M+8% YoY

Growth in Lending Solutions, Data Analytics & Insights, and RatingsXpress/RatingsDirect; increased recurring variable revenue from higher volumes.

Energy$652M+7% YoY

Increased CERAWeek attendance, strong demand for market data and insights under enterprise contracts, higher royalties from commodity exchanges.

Indices$519M+17% YoY

Higher asset-linked fees from increased ETF/mutual fund AUM, higher exchange-traded derivative revenue, and increased data subscription revenue.

Mobility$454M+8% YoY

New business growth in Dealer business, solid underwriting volumes in Financial business, and improved contract terms.

Largest Expense Items

Operating-related expenses$1,235M+7% YoY

Higher compensation costs from annual merit increases and additional headcount, partially from recent acquisitions.

Selling and general expenses$802M+5% YoY

Higher compensation costs from merit increases and headcount, increased strategic initiatives, partially offset by lower severance and ELT transition costs vs. 2025.

Depreciation and amortization$307M+5% YoY

Higher intangible asset amortization from recent acquisitions and higher depreciation from new asset purchases.

Margins: Operating margin expanded to 48% in Q1 2026 from 42% in Q1 2025, driven by revenue growth and the $175M gain on dispositions. Excluding one-time items, underlying margin improvement of 5 percentage points reflects operating leverage despite higher compensation and strategic investment spending.

Watch Items from the Filing

Mobility segment spin-off expected mid-2026; separation could disrupt operations, result in loss of synergies, or fail to achieve tax-free treatment for shareholders.
Redeemable noncontrolling interest in S&P Dow Jones Indices (27% CME Group stake) valued at $4.9B; CME has rights to put interest at fair value upon change of control or anytime after certain thresholds.
Energy segment divesting geoscience and petroleum engineering software portfolio to SLB expected to close H2 2026 or early 2027; anticipated to be non-material but represents strategic shift.
Australia class action lawsuit filed 2020 against Ratings for alleged rating deficiencies on pre-financial-crisis CDOs; outcome uncertain and could require material settlement.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q1 2026

$4.2B

Net Income

Q1 2026

$1.4B

Free Cash Flow

Q1 2026

$1.0B

Operating Margin

Q1 2026

48.0%

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro+

Revenue

+13.7% YoY

$14.21BFY 2024

FY21 $8.30BFY22 $11.18BFY23 $12.50BFY24 $14.21B

Net Income

+46.7% YoY

$3.85BFY 2024

FY21 $3.02BFY22 $3.25BFY23 $2.63BFY24 $3.85B

Operating Income

+38.8% YoY

$5.58BFY 2024

FY21 $4.22BFY22 $4.94BFY23 $4.02BFY24 $5.58B

EPS (Diluted)

+50.1% YoY

$12.35FY 2024

FY21 $12.51FY22 $10.20FY23 $8.23FY24 $12.35

Total Assets

-0.6% YoY

$60.22BFY 2024

FY21 $15.03BFY22 $61.78BFY23 $60.59BFY24 $60.22B

Total Debt

-0.9% YoY

$11.40BFY 2024

FY21 $4.11BFY22 $11.18BFY23 $11.51BFY24 $11.40B

Op. Cash Flow

+53.3% YoY

$5.69BFY 2024

FY21 $3.60BFY22 $2.60BFY23 $3.71BFY24 $5.69B

Metric	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2018
Revenue	$14.21B +13.7%	$12.50B +11.8%	$11.18B +34.8%	$8.30B +11.5%	$7.44B +18.9%	$6.26B
Net Income	$3.85B +46.7%	$2.63B -19.2%	$3.25B +7.4%	$3.02B +29.3%	$2.34B +19.5%	$1.96B
Operating Income	$5.58B +38.8%	$4.02B -18.7%	$4.94B +17.1%	$4.22B +16.7%	$3.62B +29.6%	$2.79B
EPS (Diluted)	$12.35 +50.1%	$8.23 -19.3%	$10.20 -18.5%	$12.51 +29.5%	$9.66 +25.0%	$7.73
Total Assets	$60.22B -0.6%	$60.59B -1.9%	$61.78B +311.2%	$15.03B +19.9%	$12.54B +32.6%	$9.46B
Total Debt	$11.40B -0.9%	$11.51B +2.9%	$11.18B +171.8%	$4.11B +0.1%	$4.11B +12.2%	$3.66B
Operating Cash Flow	$5.69B +53.3%	$3.71B +42.5%	$2.60B -27.7%	$3.60B +0.9%	$3.57B +72.8%	$2.06B

AI Insight: SPGI Financial Trends

S&P Global delivered strong 19% revenue growth and 28% operating income expansion in Q1 2026, though debt increased significantly to $16B.

• Revenue grew from $3,491M in Q1 2024 to $4,171M in Q1 2026, representing 19% growth.

• Operating income expanded from $1,385M in Q1 2024 to $2,002M in Q1 2026, up 45%.

• Net income increased from $991M in Q1 2024 to $1,395M in Q1 2026, gaining 41%.

• Total debt jumped from $13,806M in Q4 2025 to $16,015M in Q1 2026.

⚠ Operating cash flow remains volatile, dropping to $1,037M in Q1 2026 from $1,748M in Q4 2025.

⚠ Equity declined from $34,327M in Q1 2024 to $31,173M in Q1 2026, down 9%.

AI Insight: SPGI Ratio Trends

Operating margins surged to 48.0% in Q1 2026, driving ROE to 17.9% — the highest profitability metrics in the dataset.

• Operating margin expanded from 39.7% in Q1 2024 to 48.0% in Q1 2026, an 830bp improvement.

• ROE accelerated from 11.6% in Q1 2024 to 17.9% in Q1 2026, reflecting strong return momentum.

• ROIC rose from 12.0% in Q1 2024 to 17.0% in Q1 2026, indicating improving capital efficiency.

• Net profit margin reached 33.5% in Q1 2026, up from 28.4% in Q1 2024.

⚠ Debt-to-equity ratio increased to 0.51 in Q1 2026 from 0.34 in prior quarters.

⚠ TTM metrics lag Q1 2026 performance, suggesting recent acceleration may face quarterly volatility.

Get alerted when SPGI's score changes

Free account: watchlist tracking, the daily AI brief, and the AI screener.

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Available Research

13F Pro tracks comprehensive data for S&P Global Inc. including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of SPGI

BlackRock, Inc.
$10.2B24,071,452 sh
VANGUARD CAPITAL MANAGEMENT LLC
$8.2B19,383,810 sh
STATE STREET CORP
$6.0B14,175,534 sh
TCI Fund Management Ltd
$6.0B14,035,310 sh
MORGAN STANLEY
$3.4B7,908,180 sh
GEODE CAPITAL MANAGEMENT, LLC
$2.9B6,917,960 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$2.9B6,760,342 sh
WELLINGTON MANAGEMENT GROUP LLP
$2.6B6,062,632 sh
BANK OF AMERICA CORP /DE/
$1.9B4,447,574 sh
Capital International Investors
$1.5B3,516,308 sh

Fund	Value	Shares
BlackRock, Inc.	$10.2B	24,071,452
VANGUARD CAPITAL MANAGEMENT LLC	$8.2B	19,383,810
STATE STREET CORP	$6.0B	14,175,534
TCI Fund Management Ltd	$6.0B	14,035,310
MORGAN STANLEY	$3.4B	7,908,180
GEODE CAPITAL MANAGEMENT, LLC	$2.9B	6,917,960
VANGUARD PORTFOLIO MANAGEMENT LLC	$2.9B	6,760,342
WELLINGTON MANAGEMENT GROUP LLP	$2.6B	6,062,632
BANK OF AMERICA CORP /DE/	$1.9B	4,447,574
Capital International Investors	$1.5B	3,516,308

More Financials Companies

View all Financials →

AAAU

Goldman Sachs Physical Gold ETF

AACB

Artius II Acquisition Inc.

AACI

Armada Acquisition Corp. III

AACO

Abony Acquisition Corp. I

AACP

Apogee Acquisition Corp

AAC-UN

Ares Acquisition Corp III

AAME

ATLANTIC AMERICAN CORP

AAMI

Acadian Asset Management Inc.

Put SPGI on your watchlist

Track score changes the day S&P Global Inc. files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.

View Pricing

Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Popular Research

AAPL

Apple

MSFT

Microsoft

NVDA

NVIDIA

GOOG

Alphabet

AMZN

Amazon

Is SPGI a good stock to buy?

13F Pro's AI-powered analysis of S&P Global Inc. (SPGI) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Financials sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for SPGI are available on the SPGI stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.

Which hedge funds own SPGI?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling SPGI. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of S&P Global Inc.'s investment landscape.