S&P Global (WBO:SPGI) Total Operating Expense: €3,995 Mil (TTM As of Mar. 2026)


WBO:SPGI S&P Global Inc WBO:SPGI
28 GF Score
Price €390.00
GF Value €471.18
Valuation Modestly Undervalued
! 2 Warning Signs
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What is S&P Global Total Operating Expense?

S&P Global WBO:SPGI +3.50% 28 Total Operating Expense is €3,995 Mil as of Mar. 2026. GuruFocus rates WBO:SPGI with a GF Score™ of 28/100 and a GF Value™ of €471.18 (Modestly Undervalued). The stock has 2 warning signs investors should review.

S&P Global's Total Operating Expense for the three months ended in Mar. 2026 was €959 Mil. S&P Global's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was €3,995 Mil.

S&P Global Total Operating Expense Related Terms

S&P Global Total Operating Expense Historical Data

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The historical data trend for S&P Global's Total Operating Expense 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 Total Operating Expense Chart

S&P Global Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,687.70 4,162.10 3,944.93 4,172.40 3,924.98

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
Total Operating Expense 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 977.73 952.83 936.35 1,146.07 959.29
WBO:SPGI
28GF Score
S&P Global Inc WBO:SPGI
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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S&P Global Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense 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 €3,995 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.

What does a Total Operating Expense of €3,995 Mil mean?
S&P Global (WBO:SPGI) has a Total Operating Expense of €3,995 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on S&P Global and its competitors.
Is S&P Global's Total Operating Expense too high?
S&P Global's current Total Operating Expense is €3,995 Mil. Overall, S&P Global has a GF Score™ of 28/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does S&P Global's Total Operating Expense compare to CME and MCO?
S&P Global's Total Operating Expense of €3,995 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Capital Markets company?
A good Total Operating Expense depends on the Capital Markets industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on S&P Global and its competitors. S&P Global's current Total Operating Expense is €3,995 Mil. 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 (WBO:SPGI) is currently considered Modestly Undervalued. The stock's GF Value™ is €471.18, compared to a current price of €390.00 — trading 17.2% below its estimated fair value. The current Total Operating Expense is €3,995 Mil. S&P Global's overall GF Score™ is 28/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For S&P Global (WBO:SPGI), the current Total Operating Expense is €3,995 Mil 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.

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

Based on GuruFocus' analysis, S&P Global stock appears to be undervalued. The current stock price of €390.00 is trading 17.2% below its estimated GF Value™ of €471.18. GuruFocus considers S&P Global to be Modestly Undervalued.

Key valuation signals for WBO:SPGI:

  • Total Operating Expense: €3,995 Mil
  • GF Value™: €471.18 vs. price of €390.00 (17.2% below fair value)
  • GF Score™: 28/100 with 2 warning signs

No single metric tells the full story. See the WBO: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.
28GF Score

Get the complete analysis for WBO:SPGI

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€390.00
Price
€471.18
GF Value