SPGI S&P Global Inc.
NYSE · Industrials · Services-Consumer Credit Reporting, Collection Agencies · Market cap $115.0B · $386.27 on 2026-10-02
financial (bank/insurer/broker): OCF-based tests less meaningful
Price moves
Price and total return
Show year-end values
| Year | Price | Dividend-adjusted |
|---|---|---|
| 2016 | $101.74 | $93.13 |
| 2017 | $160.26 | $148.38 |
| 2018 | $160.78 | $150.41 |
| 2019 | $258.33 | $244.07 |
| 2020 | $311.00 | $296.29 |
| 2021 | $446.48 | $428.69 |
| 2022 | $316.88 | $307.01 |
| 2023 | $416.76 | $407.69 |
| 2024 | $471.17 | $464.50 |
| 2025 | $494.41 | $491.01 |
| 2026-10-02 (latest) | $386.27 | $386.27 |
Dividend-adjusted values are back-adjusted to today's price: the gap to the price column is the value of dividends reinvested since then.
$122
$187
$244
$246
$386
Analyst consensus 21 analysts · as of 2026-10-09 · the street vs Rule #1
Crowded Targets $477 low · $519 mean · $553 high (+34% to the mean)
Analysts love it but the price is above Sticker. Good news is already priced in.
$477
$519
$553
$122
$244
$386
Average rating 1.3 of 5 (1 = strong buy, 5 = sell) · strong buy · EPS growth next year 13% vs windage 11.0%
- 2026-10-07 Morgan Stanley kept Overweight, target $525→$477
- 2026-10-06 Mizuho kept Outperform, target $554→$531
A price target is a 12-month price opinion, not a valuation. Rule #1 treats analysts as a lead and their growth as a ceiling (077, 093). Source: Yahoo Finance consensus.
Valuation
| Buy (MOS) 50% of Sticker | $121.94 | -68% |
|---|---|---|
| Ten Cap 10× owner earnings − net debt | $186.69 | -52% |
| Payback Time 8-year FCF payback | $245.70 | -36% |
| Sticker Rule #1 intrinsic value | $243.87 | -37% |
| Methods agree price under how many of Ten Cap, Payback, MOS | 0 of 3 | |
| Windage growth g | 11.0% | |
| Future P/E (min 2g, 10y median) | 22.0× | |
| P/E · 10y median | 24.4× | 31.9× |
| EPS TTM 2026-03-31 | $15.81 | |
| FCF yield | 4.8% | |
| Dividend (TTM) · yield | $3.71 | 1.0% |
| Dividend growth 5y, per year | 5.7% | |
| Total return per year, dividends reinvested · 5y · 10y | 0.1% | 14.2% |
| Revenue · net income last FY | $15.3B | $4.5B |
Big Five 10/15 tests ≥10%
| 10y | 5y | 1y | |
|---|---|---|---|
| ROIC | 36% | 18% | 12% |
| Sales growth | 11% | 16% | 8% |
| EPS growth | 13% | 9% | 19% |
| BVPS growth | 64% | 117% | -4% |
| OCF growth | 32% | 10% | -1% |
| Debt payoff (yrs of FCF) | 2.3 |
Events
-26% off 52w high; next report ~2026-10-27
Next report ≈ 2026-10-27 · SEC filings ·Yahoo Finance
Radar news and filings, judged against the event rules
Held by: Markel (Tom Gayner) 0.4% of 13F as of 2026-06-30. 13Fs lag up to 45 days and show names, not decisions.