SPGI (S&P Global) EV-to-EBIT: 21.66 (As of Jul. 18, 2026) — Near Median

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SPGI S&P Global Inc SPGI
91 GF Score
Price $450.84
GF Value $532.48
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is S&P Global EV-to-EBIT?

S&P Global SPGI -1.43% 91 EV-to-EBIT is 21.66 as of Jul. 18, 2026, which is 5% below its 10-year median of 22.89. GuruFocus rates SPGI with a GF Score™ of 91/100 and a GF Value™ of $532.48 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 501 Capital Markets companies, S&P Global ranks worse than 73.85% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, S&P Global's Enterprise Value is $150,447 Mil. S&P Global's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $6,945 Mil. Therefore, S&P Global's EV-to-EBIT for today is 21.66.

The historical rank and industry rank for S&P Global's EV-to-EBIT or its related term are showing as below:

SPGI' s EV-to-EBIT Range Over the Past 10 Years
Min: 8.94   Med: 22.89   Max: 38.87
Current: 21.66

During the past 13 years, the highest EV-to-EBIT of S&P Global was 38.87. The lowest was 8.94. And the median was 22.89.

SPGI's EV-to-EBIT is ranked worse than
73.85% of 501 companies
in the Capital Markets industry
Industry Median: 10.33 vs SPGI: 21.66

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. S&P Global's Enterprise Value for the quarter that ended in Mar. 2026 was $136,082 Mil. S&P Global's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $6,945 Mil. S&P Global's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.10%.


S&P Global  (NYSE:SPGI) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

S&P Global's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=6945/136082.031728
=5.10 %

S&P Global's Enterprise Value for the quarter that ended in Mar. 2026 was $136,082 Mil.
S&P Global's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $6,945 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


S&P Global EV-to-EBIT Related Terms


S&P Global EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for S&P Global's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

S&P Global EV-to-EBIT Chart

S&P Global Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.51 23.54 36.39 28.47 25.25

S&P Global Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.04 28.24 25.09 25.25 19.59

SPGI vs CME, MCO, ICE: EV-to-EBIT Comparison

For the Financial Data & Stock Exchanges subindustry, S&P Global's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


S&P Global EV-to-EBIT vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, S&P Global's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where S&P Global's EV-to-EBIT falls into.


SPGI
91GF Score
S&P Global Inc SPGI
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

S&P Global EV-to-EBIT Calculation

S&P Global's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=150446.640/6945
=21.66

S&P Global's current Enterprise Value is $150,447 Mil.
S&P Global's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $6,945 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 21.66 mean?
S&P Global (SPGI) has a EV-to-EBIT of 21.66 as of Jul. 18, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on S&P Global and its competitors. This is near median its historical median of 22.89. Over the past decade, S&P Global's EV-to-EBIT has ranged from 8.94 to 38.87. According to the industry distribution chart, S&P Global ranks #370 out of 501 companies in the Capital Markets industry, placing it in the top 73.9%.
Is S&P Global's EV-to-EBIT too high?
S&P Global's current EV-to-EBIT of 21.66 is near median its 10-year median of 22.89. Over the past 10 years, this metric has ranged from a low of 8.94 to a high of 38.87. The Capital Markets industry median EV-to-EBIT is 10.33. S&P Global's value of 21.66 is 109.7% above this industry median. Based on the distribution chart, S&P Global ranks #370 out of 501 companies in the Capital Markets industry, which is below the industry midpoint. Overall, S&P Global has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does S&P Global's EV-to-EBIT compare to CME and MCO?
According to the Capital Markets industry distribution chart, S&P Global ranks #370 out of 501 companies for EV-to-EBIT. This places S&P Global in the lower half of its industry. The industry median EV-to-EBIT is 10.33. S&P Global's value of 21.66 is 109.7% above this benchmark. Historically, S&P Global's own EV-to-EBIT has ranged from 8.94 to 38.87 over the past decade. While the company's 10-year median is 22.89 vs. the industry median of 10.33, S&P Global has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Capital Markets company?
The median EV-to-EBIT among Capital Markets companies is 10.33, based on 501 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. S&P Global's current EV-to-EBIT of 21.66 is 109.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on S&P Global and its competitors. For the Capital Markets industry, the median EV-to-EBIT is 10.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. S&P Global's current EV-to-EBIT is 21.66, which is near median its own 10-year median of 22.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S&P Global stock overvalued right now?
Based on GuruFocus' analysis, S&P Global (SPGI) is currently considered Modestly Undervalued. The stock's GF Value™ is $532.48, compared to a current price of $450.84 — trading 15.3% below its estimated fair value. The current EV-to-EBIT is 21.66, which is near median its 10-year median of 22.89 and 109.7% above the Capital Markets industry median of 10.33. S&P Global's overall GF Score™ is 91/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For S&P Global (SPGI), the current EV-to-EBIT is 21.66 as of Jul. 18, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is S&P Global (SPGI) Overvalued in 2026?

Based on GuruFocus' analysis, S&P Global stock appears to be undervalued. The current stock price of $450.84 is trading 15.3% below its estimated GF Value™ of $532.48. GuruFocus considers S&P Global to be Modestly Undervalued.

Key valuation signals for SPGI:

  • EV-to-EBIT: 21.66 (near median its 10-year median of 22.89)
  • GF Value™: $532.48 vs. price of $450.84 (15.3% below fair value)
  • GF Score™: 91/100 with 2 warning signs
  • Industry Position: 109.7% above the Capital Markets median (#370 of 501)

No single metric tells the full story. See the SPGI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


S&P Global Business Description

Address 55 Water Street, New York, NY, USA, 10041
S&P Global provides data and benchmarks to capital and commodity market participants. Its ratings business is the largest credit rating agency in the world and S&P's largest segment by profitability. S&P's largest segment by revenue is market intelligence, which provides desktop, data and advisory solutions, enterprise solutions, and credit/risk solutions mostly in the financial-services industry. S&P's other segments include energy (formerly commodity insights, this segment includes Platts and other data), mobility (Carfax), and indexes. S&P plans to spin off mobility in 2026.
91GF Score

Get the complete analysis for SPGI

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$450.84
Price
$532.48
GF Value