S&P Global Inc. (SPGI) Return on equity 2016–2025
S&P Global Inc. (SPGI) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
14.4%FY2025 · since FY2016: 324.0% → 14.4%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 14.4% | +2.7 pp |
| FY2024 | 11.6% | +3.9 pp |
| FY2023 | 7.7% | -1.2 pp |
| FY2022 | 8.9% | -139.9 pp |
| FY2021 | 148.8% | -310.7 pp |
| FY2020 | 459.5% | +16.3 pp |
| FY2019 | 443.2% | +131.4 pp |
| FY2018 | 311.8% | +100.8 pp |
| FY2017 | 211.0% | -113.0 pp |
| FY2016 | 324.0% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice
More SPGI financial trends
SPGI RevenueSPGI Net incomeSPGI Net marginSPGI Gross profitSPGI Gross marginSPGI Operating incomeSPGI Operating marginSPGI Operating cash flowSPGI Free cash flowSPGI Capital expendituresSPGI Stock buybacksSPGI Dividends paidSPGI Total assetsSPGI Total liabilitiesSPGI Shareholders’ equitySPGI overview →