Not investment advice. FilingSight is an automated analytical research tool, not a registered investment advisor. Ratings and scores are quantitative analytical classifications, not buy or sell recommendations. Nothing here is personalized to your circumstances. Investing involves risk of loss — consult a licensed professional. See full disclosures.
Create a free account to read 3 full reports each month — plus a 14-day Pro trial. Get started →
S&P Global
SPGIFinancialsGenerated Jul 5, 2026, 08:09 PM UTC
SPGI (S&P Global) analytical snapshot. Return on equity 7.92%, ROA 4.36%, ROIC 9.02%. Net income down ▼ +13.2% YoY. Debt/equity 0.43, current ratio 0.68, net debt $11.51B. Market cap $130.21B at $439.89 per share. Trailing P/E 53.45, P/S 24.51, P/B 4.18. EV/Operating income ≈ 35.25 (EV $141.72B). Risk: Elevated. Macro: Risk-on · Supportive. Composite analytical score -8 (data confidence 75%). Descriptive analytics from public filings — not investment advice.
Market cap
$130.21B
296.00M shares
Price
$439.89
NYQ
P/E (ttm)
53.45
Revenue (FY)
—
Net margin
—
Free cash flow
—
Risk level
Elevated
Free SEC analysis
— computed from SEC filings, free to readFree previewFundamentals Analyst
Fundamentals
Fundamentals Analyst
score -10Stable
60% conf
Return on equity 7.92%, ROA 4.36%, ROIC 9.02%. Net income down ▼ +13.2% YoY. Debt/equity 0.43, current ratio 0.68, net debt $11.51B.
- Return on equity 7.92%, ROA 4.36%, ROIC 9.02%.
- Net income down ▼ +13.2% YoY.
- Debt/equity 0.43, current ratio 0.68, net debt $11.51B.
Revenue (FY)
—
Net margin
—
ROE
7.92%
ROA 4.36%
ROIC
9.02%
EPS (diluted)
$8.23
FY2025
Free cash flow
—
Debt / equity
0.43
Cash $1.81B
Current ratio
0.68
Equity $31.17B
Annual fundamentals — up to 10 years (SEC 10-K, US-GAAP)
| FY | Revenue | Rev YoY | Gross% | Op% | Net% | FCF | ROE% |
|---|---|---|---|---|---|---|---|
| 2015 | $4.70B | — | 0.00 | 28.88 | 29.26 | — | 281.97 |
| 2016 | $5.05B | +7.4% | 0.00 | 2.24 | -2.28 | — | -59.28 |
| 2017 | $5.31B | +5.2% | 0.00 | 36.08 | 21.76 | — | 177.85 |
| 2018 | — | — | — | — | — | — | 297.04 |
| 2019 | — | — | — | — | — | — | 238.22 |
| 2020 | — | — | — | — | — | — | 408.77 |
| 2021 | — | — | — | — | — | — | 417.09 |
| 2022 | — | — | — | — | — | — | 115.11 |
| 2023 | — | — | — | — | — | — | 8.31 |
| 2025 | — | — | — | — | — | — | 7.92 |
Quarterly revenue trend (last 6 quarters, SEC 10-Q)
| Quarter end | Revenue | YoY | QoQ | Net margin |
|---|---|---|---|---|
| Mar 31, 2017 | $1.45B | +8.4% | — | 27.46% |
| Jun 30, 2017 | $2.96B | +4.9% | +103.9% | 27.68% |
| Jun 30, 2017 | $1.51B | -46.5% | -49.1% | 54.34% |
| Sep 30, 2017 | $4.47B | +5.0% | +196.6% | 27.58% |
| Sep 30, 2017 | $1.51B | -64.5% | -66.2% | 81.56% |
| Mar 31, 2018 | $1.57B | +7.8% | +3.6% | 31.33% |
Revenue (annual, SEC 10-K)
2015: 4,702
2016: 5,051
2017: 5,313
2018: 0
2019: 0
2020: 0
2021: 0
2022: 0
2023: 0
2025: 0
2015
2016
2017
2018
2019
2020
2021
2022
2023
2025
Profitability trends (%)
GrossOperatingNet
Sources:SEC EDGAR — Company Facts (XBRL)
Free previewRegulatory Analyst
Filings & Ownership
Regulatory Analyst
score 30Improving
80% conf
Latest annual report (10-K) filed Feb 11, 2026. Latest quarterly report (10-Q) filed Apr 28, 2026. 20 recent 8-K material-event filings in the index.
- Latest annual report (10-K) filed Feb 11, 2026.
- Latest quarterly report (10-Q) filed Apr 28, 2026.
- 20 recent 8-K material-event filings in the index.
- Recent insider Form 4s: 0 buy vs 0 sell transactions.
- ~3647 recent 13F-HR filings reference S&P Global; broad institutional reporting.
- Recent filers include UNITED BANK INC /WV/, UNITED BANK INC /WV/, UNITED BANK INC /WV/.
- 3 recent 13D activist/beneficial-ownership filings — potential catalyst.
- 17 recent 13G passive institutional ownership notices.
Latest 10-K
Feb 11, 2026
Annual report
Latest 10-Q
Apr 28, 2026
8-K (recent)
20
Insider net
—
0B/0S
13F filers
3647
Activist 13D
3
Recent 13F institutional filers (SEC EDGAR full-text)
| Filer | Form | Filed |
|---|---|---|
| UNITED BANK INC /WV/ | 13F-HR | Apr 18, 2008 |
| UNITED BANK INC /WV/ | 13F-HR | Jul 16, 2008 |
| UNITED BANK INC /WV/ | 13F-HR | Jul 20, 2007 |
| UNITED BANK INC /WV/ | 13F-HR | Jan 24, 2007 |
| UNITED BANK INC /WV/ | 13F-HR | Apr 18, 2007 |
Recent 8-K material events
| Date | Form | Description |
|---|---|---|
| Jul 2, 2026 | 8-K | FORM 8-K |
| May 26, 2026 | 8-K | 8-K |
| May 21, 2026 | 8-K | 8-K |
| May 21, 2026 | 8-K | FORM 8-K |
| May 20, 2026 | 8-K | FORM 8-K |
| May 18, 2026 | 8-K | FORM 8-K |
| May 12, 2026 | 8-K | FORM 8-K |
| May 7, 2026 | 8-K | FORM 8-K |
Free previewSEC Filing Analyst
SEC Filing Deep-Analysis
SEC Filing Analyst
score -65Deteriorating
68% conf
4 risk signal(s), 1 positive signal(s), 2 watch item(s) detected from XBRL filing diff analysis. 4 risk signal(s) detected versus 1 positive signal(s). The balance of evidence suggests elevated filing-specific risk that warrants monitoring in subsequent filings.
- Going concern doubt: The term "going concern" appears in 16 recent filing(s) (vs 1 in the prior period). This risk language is ongoing.
- Material weakness in internal controls: The term "material weakness" appears in 23 recent filing(s) (vs 3 in the prior period). This risk language is ongoing.
- NEW: Substantial doubt about ability to continue in latest filing: The term "substantial doubt" "ability to continue" appears in recent 10-K/10-Q filings but was NOT present in the prior 24-month period. This is a new risk disclosure that warrants attention. Found in 10 filing(s).
- Restatement of financial statements: The term "restate" "financial statements" appears in 2 recent filing(s) (vs 1 in the prior period). This risk language is ongoing.
- Operating cash flow exceeds net income: OCF is 1.41x net income, indicating high earnings quality — cash conversion is strong and accruals are not inflating reported profits.
- Goodwill is 60% of total assets: Goodwill of $36.36B represents a large share of the balance sheet. If acquired businesses underperform, a non-cash impairment charge could materially impact earnings. Monitor segment performance and acquisition integration metrics.
- Endogenous analysis: 4 risk signal(s) detected versus 1 positive signal(s). The balance of evidence suggests elevated filing-specific risk that warrants monitoring in subsequent filings.
- 20 disclosure(s) dropped from prior year — reduced reporting granularity.
- 2 new risk-language term(s) detected in filing text: Substantial doubt about ability to continue, Off-balance sheet arrangements.
- Ongoing high-severity risk language: Going concern doubt, Material weakness in internal controls, Restatement of financial statements.
Revenue
$5.31B
+5.2% YoY
Operating income
$4.02B
-4.8% YoY
Net income
$2.63B
-13.2% YoY
Operating cash flow
$3.71B
+3.1% YoY
Capex
$229.6M
— YoY
Total assets
$60.22B
-2.5% YoY
Total liabilities
$22.71B
+3.1% YoY
Long-term debt
$11.40B
+4.0% YoY
Filing quality score
70/100
stable
SEC XBRL metric changes (latest annual vs prior)
| Metric | Prior year | Latest year | Change | % Change |
|---|---|---|---|---|
| Revenue | $5.05B | $5.31B | $262.0M | +5.2% |
| Operating income | $4.22B | $4.02B | $-201.0M | -4.8% |
| Net income | $3.02B | $2.63B | $-398.0M | -13.2% |
| Operating cash flow | $3.60B | $3.71B | $112.0M | +3.1% |
| Capex | — | $229.6M | — | — |
| Total assets | $61.78B | $60.22B | $-1.56B | -2.5% |
| Total liabilities | $22.04B | $22.71B | $673.0M | +3.1% |
| Long-term debt | $10.96B | $11.40B | $442.0M | +4.0% |
| Cash & equivalents | $1.29B | $1.67B | $380.0M | +29.5% |
| Stockholders equity | $36.39B | $33.16B | $-3.23B | -8.9% |
| Inventory | $301.2M | $275.0M | $-26.2M | -8.7% |
| Accounts receivable | $2.49B | $2.87B | $373.0M | +15.0% |
| SG&A expense | $1.73B | $3.16B | $1.43B | +82.7% |
| Interest expense | $141.0M | $119.0M | $-22.0M | -15.6% |
XBRL disclosure changes (new vs dropped concepts)
| Type | Concepts |
|---|---|
| Removed | AdvertisingExpense, AllocatedShareBasedCompensationExpense, CapitalizedComputerSoftwareAccumulatedAmortization, CapitalizedComputerSoftwareGross, CommercialPaperAtCarryingValue, ContractWithCustomerLiabilityRevenueRecognized, CurrentFederalTaxExpenseBenefit, CurrentForeignTaxExpenseBenefit, CurrentStateAndLocalTaxExpenseBenefit, DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible |
Risk language in filing text (EDGAR full-text search)
| Term | Severity | Recent | Prior | Status |
|---|---|---|---|---|
| Going concern doubt | high | 16 | 1 | Ongoing |
| Material weakness in internal controls | high | 23 | 3 | Ongoing |
| Substantial doubt about ability to continue | high | 10 | 0 | NEW |
| Restatement of financial statements | high | 2 | 1 | Ongoing |
| Impairment charge | medium | 64 | 7 | Ongoing |
| Restructuring | medium | 137 | 11 | Ongoing |
| Off-balance sheet arrangements | medium | 21 | 0 | NEW |
| Related party transactions | low | 71 | 9 | Ongoing |
Filing signal breakdown
Red flags: 4
Positive: 1
Watch: 2
Red flags
Positive
Watch
Unlock the rest
- ProValuationMarket cap $130.21B at $439.89 per share.
- ProPrice & TechnicalsPrice $439.89 — uptrend (above 200-DMA); 1-month momentum positive.
- ProMacro & RatesMarket regime: Risk-on · Supportive.
- ProRisk ScorecardComposite risk: Elevated.
This content is for Pro subscribers
Unlock the full breakdown from all analysts — valuation (DCF & Graham), price & technicals, macro, risk scorecard, and 13F/13D ownership flow — plus your research workspace.
3 sections free · 4 Pro sections locked · composite -8
Macro exposure
Rate-sensitive · High sensitivityMacro regime: Risk-on · Supportive. S&P Global is a rate-sensitive name (high macro sensitivity) — a supportive backdrop, though defensives lag risk-on tapes.
Macro regime
Risk-on · Supportive
Yield curve
Normal
VIX
16.59
Fed funds
3.63%
CPI YoY
+4.2%
Analytical read
deterministic previewPrice $439.89 — uptrend (above 200-DMA); 1-month momentum positive..
Risk
Elevated
Macro regime
Risk-on · Supportive
Macro exposure
Neutral
Descriptive analytics from public filings and macro data — not investment advice.
Peer comparison
Rate-sensitive groupHow SPGI stacks up against tracked peers with similar macro sensitivity — by analytical score and macro exposure.
| Company | Score | Macro |
|---|---|---|
| Chubb Ltd. CB | 23 | Neutral |
| U.S. Bancorp USB | 17 | Neutral |
| Prologis Inc. PLD | 14 | Neutral |
| JPMorgan Chase & Co. JPM | 13 | Neutral |
| Bank of America Corp. BAC | 13 | Neutral |
| American Express Co. AXP | 11 | Neutral |
| Visa Inc. V | 8 | Neutral |
| Mastercard Inc. MA | 8 | Neutral |
| Public Storage PSA | 8 | Neutral |
| Dominion Energy D | 6 | Neutral |
| Charles Schwab Corp. SCHW | 6 | Neutral |
| Realty Income Corp. O | 4 | Neutral |
| NextEra Energy NEE | 0 | Neutral |
| Duke Energy Corp. DUK | 0 | Neutral |
| Wells Fargo & Co. WFC | -1 | Neutral |
| Digital Realty Trust DLR | -6 | Neutral |
| Allstate Corp. ALL | -7 | Neutral |
| S&P Global SPGI● you | -8 | Neutral |
| American Water Works AWK | -9 | Neutral |
| Goldman Sachs Group GS | -10 | Neutral |
| Citigroup Inc. C | -11 | Neutral |
| Morgan Stanley MS | -13 | Neutral |
| BlackRock Inc. BLK | -15 | Neutral |
| American Electric Power AEP | -18 | Neutral |
| Crown Castle Inc. CCI | -18 | Neutral |
| American Tower Corp. AMT | -35 | Neutral |
| Moody's Corp. MCO | — | Neutral |
| PNC Financial Services PNC | — | Neutral |
| MetLife Inc. MET | — | Neutral |
| American International Group AIG | — | Neutral |
| Southern Company SO | — | Neutral |
| Equinix Inc. EQIX | — | Neutral |
| Simon Property Group SPG | — | Neutral |
| Truist Financial TFC | — | Neutral |
| Bank of New York Mellon BK | — | Neutral |
| Capital One Financial COF | — | Neutral |
| Travelers Cos. TRV | — | Neutral |
| Marsh & McLennan MMC | — | Neutral |
| CME Group Inc. CME | — | Neutral |
| Exelon Corp. EXC | — | Neutral |
| Xcel Energy XEL | — | Neutral |
| Welltower Inc. WELL | — | Neutral |
| Equity Residential EQR | — | Neutral |