S&P Global Inc. (SPGI)

FairStock Score: 57/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for businesses whose products customers cannot easily replace, and S&P Global has that flavor: ratings, benchmarks, data and analytics are embedded in daily workflows. In fiscal FY2025, ended 2025-12-31, revenue was $15.3B, net income $4.5B, diluted EPS $14.66; in FY2024, revenue was $14.2B, net income $3.9B, diluted EPS $12.35. In fiscal Q1 2026, quarter ended 2026-03-31, revenue was $4.2B, net income $1.4B, diluted EPS $4.69. That is steady progress, though not a bargain-store growth rate. The balance sheet looks sound on the supplied data: D/E 0.43, Altman Z 3.77, FCF $5.6B, FCF yield 4.2%. FairStock’s Lynch category is STALWART—steady growth, with profit up 13.8% a year over five years and revenue up 15.6%. The rub is price. At the close on 2026-10-26 of $450.65, FairStock shows P/E 27.45, P/B 4.22, PEG 2.03, EV/EBITDA 17.26, and a Graham Number of $198.69, meaning the price is 126.64% above that figure. ROE 14.26% is respectable, but ROCE 7.03% is not exceptional. I admire the franchise and its recurring, mission-critical data, but I want a margin of safety. Here, quality looks fully priced, and FairStock Score 59/100 and Piotroski 6/9 say it is good rather than flawless. The business deserves a premium, but not an unlimited one.

In plain English: S&P Global sells financial data, ratings, benchmarks, and analytics that investors and companies use every day. The business looks strong: sales and profits have been rising, margins are healthy, and debt looks manageable. At $450.65 on 2026-10-26, the price looks full versus the company’s current numbers, so it seems more expensive than cheap.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-26 close · note generated 2026-10-28 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · fiscal Q1 2025 10-Q (period ended 2025-03-31) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer