S&P Global (SPGI) reported $3.92 billion in revenue for the quarter ended December 2025, representing a year-over-year increase of 9%. EPS of $4.30 for the same period compares to $3.77 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $3.89 billion, representing a surprise of +0.54%. The company delivered an EPS surprise of -0.36%, with the consensus EPS estimate being $4.32.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how S&P Global performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Total revenue- Market Intelligence: $1.26 billion versus $1.27 billion estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +6.6% change.
- Total revenue- Ratings: $1.19 billion versus the six-analyst average estimate of $1.19 billion. The reported number represents a year-over-year change of +11.8%.
- Total revenue- Mobility: $444 million versus $445.2 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +8% change.
- Total revenue- Indices: $498 million compared to the $477.14 million average estimate based on six analysts. The reported number represents a change of +14.2% year over year.
- Total revenue- Intersegment Elimination: $-53 million versus $-52.37 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +10.4% change.
- Revenue by Type- Non-subscription / Transaction: $736 million versus the four-analyst average estimate of $632.57 million. The reported number represents a year-over-year change of +8.2%.
- Revenue by Type- Non-transaction Revenue: $549 million versus $560.97 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +11.4% change.
- Revenue by Type- Indices- Asset Linked Fees: $329 million versus $313.54 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +13.1% change.
- Revenue by Type- Indices- Subscription revenue: $84 million versus the three-analyst average estimate of $79.14 million. The reported number represents a year-over-year change of +13.5%.
- Revenue by Type- Indices- Sales Usage-Based Royalties: $85 million compared to the $80.48 million average estimate based on three analysts. The reported number represents a change of +19.7% year over year.
- Adjusted Operating Profit- Market Intelligence: $408 million versus $418.05 million estimated by four analysts on average.
- Adjusted Operating Profit- Ratings: $734 million versus $732.87 million estimated by four analysts on average.
View all Key Company Metrics for S&P Global here>>>
Shares of S&P Global have returned -18.4% over the past month versus the Zacks S&P 500 composite's no change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
S&P Global Inc. (SPGI): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
