S&P Global (LIM:SPGI) ROE %: 17.91% (As of Mar. 2026) — 92% Below Median


What is S&P Global ROE %?

S&P Global LIM:SPGI 93 ROE % is 17.91% as of Mar. 2026, which is 92% below its 10-year median of 229.09. GuruFocus rates LIM:SPGI with a GF Score™ of 93/100. The stock has 2 warning signs investors should review. Among 791 Capital Markets companies, S&P Global ranks better than 73.32% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. S&P Global's annualized net income for the quarter that ended in Mar. 2026 was $5,580.00 Mil. S&P Global's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $31,150.00 Mil. Therefore, S&P Global's annualized ROE % for the quarter that ended in Mar. 2026 was 17.91%.

The historical rank and industry rank for S&P Global's ROE % or its related term are showing as below:

LIM:SPGI' s ROE % Range Over the Past 10 Years
Min: 7.44   Med: 229.09   Max: 499.05
Current: 14.73

During the past 13 years, S&P Global's highest ROE % was 499.05%. The lowest was 7.44%. And the median was 229.09%.

LIM:SPGI's ROE % is ranked better than
73.32% of 791 companies
in the Capital Markets industry
Industry Median: 6 vs LIM:SPGI: 14.73

S&P Global  (LIM:SPGI) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=5580/31150
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5580 / 16684)*(16684 / 60996)*(60996 / 31150)
=Net Margin %*Asset Turnover*Equity Multiplier
=33.45 %*0.2735*1.9581
=ROA %*Equity Multiplier
=9.15 %*1.9581
=17.91 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=5580/31150
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (5580 / 7632) * (7632 / 7308) * (7308 / 16684) * (16684 / 60996) * (60996 / 31150)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7311 * 1.0443 * 43.8 % * 0.2735 * 1.9581
=17.91 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


S&P Global ROE % Related Terms


S&P Global ROE % Historical Data

* Premium members only.

The historical data trend for S&P Global's ROE % 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 ROE % Chart

S&P Global Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 238.02 16.91 7.44 11.44 13.91

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
ROE % 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 13.11 12.85 14.14 14.12 17.91

LIM:SPGI vs CME, ICE, MCO: ROE % Comparison

For the Financial Data & Stock Exchanges subindustry, S&P Global's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, S&P Global's ROE % distribution charts can be found below:

* The bar in red indicates where S&P Global's ROE % falls into.



S&P Global ROE % Calculation

S&P Global's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=4471/( (33159+31127)/ 2 )
=4471/32143
=13.91 %

S&P Global's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=5580/( (31127+31173)/ 2 )
=5580/31150
=17.91 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 17.91% mean?
S&P Global (LIM:SPGI) has a ROE % of 17.91% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on S&P Global and its competitors. This is 92% below median its historical median of 229.09. Over the past decade, S&P Global's ROE % has ranged from 7.44 to 499.05. According to the industry distribution chart, S&P Global ranks #211 out of 791 companies in the Capital Markets industry, placing it in the top 26.7%.
Is S&P Global's ROE % too high?
S&P Global's current ROE % of 17.91% is 92% below median its 10-year median of 229.09. Over the past 10 years, this metric has ranged from a low of 7.44 to a high of 499.05. The Capital Markets industry median ROE % is 6.00. S&P Global's value of 17.91% is 198.5% above this industry median. Based on the distribution chart, S&P Global ranks #211 out of 791 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 ROE % compare to CME and ICE?
According to the Capital Markets industry distribution chart, S&P Global ranks #211 out of 791 companies for ROE %. This puts S&P Global in the upper half of its industry. The industry median ROE % is 6.00. S&P Global's value of 17.91% is 198.5% above this benchmark. Historically, S&P Global's own ROE % has ranged from 7.44 to 499.05 over the past decade. While the company's 10-year median is 229.09 vs. the industry median of 6.00, 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 ROE % for a Capital Markets company?
The median ROE % among Capital Markets companies is 6.00, based on 791 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. S&P Global's current ROE % of 17.91% is 198.5% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on S&P Global and its competitors. For the Capital Markets industry, the median ROE % is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. S&P Global's current ROE % is 17.91%, which is 92% below median its own 10-year median of 229.09. 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 ROE % of 17.91%. The current ROE % is 17.91%, which is 92% below median its 10-year median of 229.09 and 198.5% above the Capital Markets industry median of 6.00. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For S&P Global (LIM:SPGI), the current ROE % is 17.91% 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 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.