S&P GlobalLIM:SPGI 93 Net Margin % is 33.45% as of Mar. 2026, which is 11% above its 10-year median of 30.22. GuruFocus rates LIM:SPGI with a GF Score™ of 93/100. The stock has 2 warning signs investors should review. Among 774 Capital Markets companies, S&P Global ranks better than 69.12% on this metric.
Net margin is calculated as Net Income divided by its Revenue. S&P Global's Net Income for the
three
months ended in Mar. 2026 was $1,395.00 Mil. S&P Global's Revenue for the
three
months ended in Mar. 2026 was $4,171.00 Mil. Therefore, S&P Global's net margin for the quarter that ended in Mar. 2026 was 33.45%.
The historical rank and industry rank for S&P Global's Net Margin % or its related term are showing as below:
LIM:SPGI'
s Net Margin % Range Over the Past 10 Years
Min: 21.01 Med: 30.22 Max: 37.2
Current: 30.37
LIM:SPGI's Net Margin % is ranked better than 69.12% of 774
companies
in the Capital Markets industry
Industry Median: 14.305
vs LIM:SPGI: 30.37
S&P Global (LIM:SPGI) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
S&P Global Net Margin % Related Terms
S&P Global Net Margin % Historical Data
* Premium members only.
The historical data trend for S&P Global's Net Margin % 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.
LIM:SPGI vs CME, ICE, MCO: Net Margin % Comparison
For the Financial Data & Stock Exchanges subindustry, S&P Global's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, S&P Global's Net Margin % distribution charts can be found below:
* The bar in red indicates where S&P Global's Net Margin % falls into.
* 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 (LIM:SPGI) has a Net Margin % of 33.45% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on S&P Global and its competitors. This is 11% above median its historical median of 30.22. Over the past decade, S&P Global's Net Margin % has ranged from 21.01 to 37.20. According to the industry distribution chart, S&P Global ranks #239 out of 774 companies in the Capital Markets industry, placing it in the top 30.9%.
Is S&P Global's Net Margin % too high?
S&P Global's current Net Margin % of 33.45% is 11% above median its 10-year median of 30.22. Over the past 10 years, this metric has ranged from a low of 21.01 to a high of 37.20. The Capital Markets industry median Net Margin % is 14.31. S&P Global's value of 33.45% is 133.8% above this industry median. Based on the distribution chart, S&P Global ranks #239 out of 774 companies in the Capital Markets industry, which is above the industry midpoint. Overall, S&P Global has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does S&P Global's Net Margin % compare to CME and ICE?
According to the Capital Markets industry distribution chart, S&P Global ranks #239 out of 774 companies for Net Margin %. This puts S&P Global in the upper half of its industry. The industry median Net Margin % is 14.31. S&P Global's value of 33.45% is 133.8% above this benchmark. Historically, S&P Global's own Net Margin % has ranged from 21.01 to 37.20 over the past decade. While the company's 10-year median is 30.22 vs. the industry median of 14.31, 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 Net Margin % for a Capital Markets company?
The median Net Margin % among Capital Markets companies is 14.31, based on 774 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. S&P Global's current Net Margin % of 33.45% is 133.8% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on S&P Global and its competitors. For the Capital Markets industry, the median Net Margin % is 14.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. S&P Global's current Net Margin % is 33.45%, which is 11% above median its own 10-year median of 30.22. 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?
S&P Global (LIM:SPGI) has a current Net Margin % of 33.45%. The current Net Margin % is 33.45%, which is 11% above median its 10-year median of 30.22 and 133.8% above the Capital Markets industry median of 14.31. S&P Global's overall GF Score™ is 93/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For S&P Global (LIM:SPGI), the current Net Margin % is 33.45% as of Mar. 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.
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.
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