Operating Income for S&P Global (SPGI)
According to S&P Global's latest reported financial statements, the company's current operating income (TTM) is $6.48B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

SPGI
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$6.48B
YoY change
+16.1%
5Y CAGR
+12.4%
Peak year (2025)
$6.48B
Cumulative operating income
$64.46B
Operating Income history chart for S&P Global (SPGI) from 1985 to 2025
Operating Income history table for S&P Global (SPGI) from 1985 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $6.48B | +16.1% | ||
| 2024 | $5.58B | +38.8% | ||
| 2023 | $4.02B | -18.7% | ||
| 2022 | $4.94B | +17.1% | ||
| 2021 | $4.22B | +16.7% | ||
| 2020 | $3.62B | +12.1% | ||
| 2019 | $3.23B | +15.6% | ||
| 2018 | $2.79B | +8.0% | ||
| 2017 | $2.58B | -22.7% | ||
| 2016 | $3.34B | +74.3% | ||
| 2015 | $1.92B | +1596.5% | ||
| 2014 | $113.00M | -91.7% | ||
| 2013 | $1.36B | +16.1% | ||
| 2012 | $1.17B | +8.6% | ||
| 2011 | $1.08B | +5.0% | ||
| 2010 | $1.03B | -18.3% | ||
| 2009 | $1.26B | -7.3% | ||
| 2008 | $1.35B | -18.5% | ||
| 2007 | $1.66B | +17.2% | ||
| 2006 | $1.42B | +3.9% | ||
| 2005 | $1.37B | +16.2% | ||
| 2004 | $1.17B | +3.3% | ||
| 2003 | $1.14B | +23.6% | ||
| 2002 | $919.91M | +37.1% | ||
| 2001 | $671.19M | -18.2% | ||
| 2000 | $820.18M | +21.4% | ||
| 1999 | $675.70M | +23.4% | ||
| 1998 | $547.40M | +12.9% | ||
| 1997 | $485.00M | +14.7% | ||
| 1996 | $423.00M | +5.0% | ||
| 1995 | $402.70M | +7.2% | ||
| 1994 | $375.70M | +28.4% | ||
| 1993 | $292.70M | +3.0% | ||
| 1992 | $284.10M | +5.4% | ||
| 1991 | $269.60M | -17.1% | ||
| 1990 | $325.10M | +509.9% | ||
| 1989 | $53.30M | -80.6% | ||
| 1988 | $274.40M | +2.3% | ||
| 1987 | $268.20M | -3.9% | ||
| 1986 | $279.00M | +6.6% | ||
| 1985 | $261.80M | — |
Operating Income values are taken from S&P Global's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
S&P Global (SPGI) most recent annual operating income stands at $6.48B (2025) – grew 16.1% year-over-year.
Looking at the 2020–2025 (5 years) stretch, S&P Global operating income compounded at +12.4% per year, sustaining 2 straight years of year-over-year growth.
2025 marks the peak operating income at $6.48B, with the historical low of $53.30M recorded in 1989.
Among 8 Financial Services peers, S&P Global (SPGI) ranks 9th; the peer median for operating income is $24.60B.
S&P Global Operating Income by Year
S&P Global Operating Income 2025: $6.48B
S&P Global operating income in 2025 was $6.48B, grew 16.1% from 2024. This figure represents the highest annual value in the available history.
S&P Global Operating Income 2024: $5.58B
S&P Global operating income in 2024 was $5.58B, surged 38.8% from 2023.
S&P Global Operating Income 2023: $4.02B
S&P Global operating income in 2023 was $4.02B, declined 18.7% below 2022.
S&P Global Operating Income 2022: $4.94B
S&P Global operating income in 2022 was $4.94B, grew 17.1% from 2021.
S&P Global Operating Income 2021: $4.22B
S&P Global operating income in 2021 was $4.22B.
See more financial history for S&P Global (SPGI).
Sector peers — Operating Income
Companies in the same sector as S&P Global, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $72.59B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $59.54B | Financial Services |
| Bank of America Corporation (BAC) | $37.70B | Financial Services |
| Wells Fargo & Company (WFC) | $25.20B | Financial Services |
| Visa Inc. (V) | $23.99B | Financial Services |
| Morgan Stanley (MS) | $21.95B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $21.85B | Financial Services |
| Mastercard Incorporated (MA) | $19.40B | Financial Services |
Frequently asked questions
What is S&P Global's operating income?
- Latest reported operating income for S&P Global (SPGI) is $6.48B (period ending December 31, 2025).
How has S&P Global operating income changed year-over-year?
- S&P Global (SPGI) operating income changed +16.1% year-over-year on the latest annual filing.
What is the long-term growth rate of S&P Global operating income?
- S&P Global (SPGI) operating income compound annual growth rate is +12.4% over the most recent 5 years available.
When did S&P Global operating income hit its highest annual value?
- S&P Global operating income reached its highest annual value of $6.48B in 2025.
What was S&P Global operating income in 2024?
- S&P Global (SPGI) operating income in 2024 was $5.58B.
What was S&P Global operating income in 2025?
- S&P Global (SPGI) operating income in 2025 was $6.48B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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