S&P GlobalLIM:SPGI 93 3-Year ROIIC % is 1,253.62 as of Dec. 2025, which is 2855% above its 10-year median of 42.42. GuruFocus rates LIM:SPGI with a GF Score™ of 93/100. The stock has 2 warning signs investors should review. Among 658 Capital Markets companies, S&P Global ranks better than 99.24% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
S&P Global's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 1,253.62%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for S&P Global's 3-Year ROIIC % or its related term are showing as below:
LIM:SPGI's 3-Year ROIIC % is ranked better than 99.24% of 658
companies
in the Capital Markets industry
Industry Median: 2.78
vs LIM:SPGI: 1253.62
S&P Global (LIM:SPGI) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
S&P Global 3-Year ROIIC % Related Terms
S&P Global 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for S&P Global's 3-Year ROIIC % 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, MCO, ICE: 3-Year ROIIC % Comparison
For the Financial Data & Stock Exchanges subindustry, S&P Global's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, S&P Global's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where S&P Global's 3-Year ROIIC % falls into.
S&P Global's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 4780.998 (Dec. 2025) - 2261.231 (Dec. 2022) )
/
( 61751 (Dec. 2025) - 61550 (Dec. 2022) )
=
2519.767
/
201
=
1,253.62%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
S&P Global (LIM:SPGI) has a 3-Year ROIIC % of 1,253.62 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on S&P Global and its competitors. This is 2855% above median its historical median of 42.42. According to the industry distribution chart, S&P Global ranks #5 out of 658 companies in the Capital Markets industry, placing it in the top 0.8%.
Is S&P Global's 3-Year ROIIC % too high?
S&P Global's current 3-Year ROIIC % of 1,253.62 is 2855% above median its 10-year median of 42.42. The Capital Markets industry median 3-Year ROIIC % is 2.78. S&P Global's value of 1,253.62 is 44994.2% above this industry median. Based on the distribution chart, S&P Global ranks #5 out of 658 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. 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 3-Year ROIIC % compare to CME and MCO?
According to the Capital Markets industry distribution chart, S&P Global ranks #5 out of 658 companies for 3-Year ROIIC %. This places S&P Global in the top 1% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.78. S&P Global's value of 1,253.62 is 44994.2% above this benchmark. While the company's 10-year median is 42.42 vs. the industry median of 2.78, 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 3-Year ROIIC % for a Capital Markets company?
The median 3-Year ROIIC % among Capital Markets companies is 2.78, based on 658 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. S&P Global's current 3-Year ROIIC % of 1,253.62 is 44994.2% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on S&P Global and its competitors. For the Capital Markets industry, the median 3-Year ROIIC % is 2.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. S&P Global's current 3-Year ROIIC % is 1,253.62, which is 2855% above median its own 10-year median of 42.42. 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 3-Year ROIIC % of 1,253.62. The current 3-Year ROIIC % is 1,253.62, which is 2855% above median its 10-year median of 42.42 and 44994.2% above the Capital Markets industry median of 2.78. 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 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For S&P Global (LIM:SPGI), the current 3-Year ROIIC % is 1,253.62 as of Dec. 2025. 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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