S&P Global Stock Price, News & Analysis
Company Description
S&P Global Inc. (NYSE: SPGI) is a finance and insurance sector company that provides what it describes as essential intelligence to businesses, governments and individuals. According to the company’s public statements, S&P Global enables decision-making "with conviction" by combining trusted data, expertise and connected technology. Its activities span capital and commodities markets, sustainability and energy transition topics, and the evolution of public and private markets.
The company’s offerings include credit ratings, benchmarks, analytics and workflow solutions used across global capital, commodity and automotive markets. S&P Global states that its information and tools help customers assess new investments, navigate the energy expansion and energy transition across supply chains, and respond to developments such as the acceleration of artificial intelligence. Market participants use these insights to plan confidently, act decisively and pursue economic growth in complex environments.
Business activities and segments
Based on available information, S&P Global operates through multiple business lines focused on data, benchmarks and analytical solutions. Its activities include providing credit ratings through S&P Global Ratings, index and benchmark services through S&P Dow Jones Indices, commodity and energy-related analysis through S&P Global Energy and related units, and automotive and vehicle history information through S&P Global Mobility, which includes CARFAX. These businesses support decision-making in areas such as debt markets, equity and index-linked products, energy and commodities, and automotive transactions.
S&P Global Ratings is described in company communications as the world’s leading provider of independent credit ratings. The ratings business provides opinions and research about relative credit risk on government, corporate, financial sector and structured finance entities and securities. According to S&P Global Ratings, its independent credit ratings are intended to support transparent, liquid debt markets worldwide and are considered essential by many market participants seeking to evaluate creditworthiness and risk.
S&P Dow Jones Indices, a division of S&P Global, develops and maintains index-based concepts and data, including well-known indicators such as the S&P 500 and the Dow Jones Industrial Average. The indices are used as benchmarks and as the basis for financial products. S&P Global’s disclosures indicate that more assets are invested in products based on these indices than in products based on indices from any other provider, underscoring the importance of index-related data and methodologies to asset managers, issuers and other financial institutions.
Within the automotive space, S&P Global Mobility is identified as a division of S&P Global. CARFAX, part of S&P Global Mobility, provides vehicle history information and related tools to help consumers and the automotive industry evaluate used cars. S&P Global has also communicated plans for the Mobility division to be separated into an independent public company, and has referenced this expected spin when discussing capital allocation decisions such as dividend policy.
Research, studies and market insight
S&P Global also produces research and special studies that draw on its proprietary data and cross-divisional expertise. For example, the company has published a study titled "Copper in the Age of AI: The Challenges of Electrification," which analyzes the outlook for copper supply and demand through 2040 and examines copper’s role in electrification, digitalization and emerging technologies. The study highlights potential supply-demand imbalances and the operational, regulatory and market challenges facing copper supply chains, illustrating how S&P Global uses its data and sector knowledge to frame systemic risks and opportunities for industries and policymakers.
Through S&P Dow Jones Indices, the company also issues regular analyses of U.S. dividend activity and share repurchases. These reports track indicated dividend changes, sector-level dividend behavior, and S&P 500 buyback trends, providing detailed statistics on aggregate payouts, sector participation and the impact of factors such as the U.S. excise tax on net buybacks. Such publications are intended to help investors and other stakeholders understand patterns in shareholder returns and corporate cash deployment.
Capital markets activity and financing
S&P Global uses the capital markets to support its corporate objectives. In December 2025, the company reported that it had priced and then completed a private offering of senior notes, including 4.250% Senior Notes due 2031 and 4.800% Senior Notes due 2035. The notes are governed by an indenture and are fully and unconditionally guaranteed on a senior unsecured basis by Standard & Poor’s Financial Services LLC, identified as a guarantor in the company’s filings. S&P Global has stated that net proceeds from such offerings may be used for general corporate purposes, which can include potential acquisitions, debt repayment or refinancing, capital expenditures, working capital, other obligations or repurchases of common stock.
The indenture governing these securities contains covenants that, among other things, limit the company’s ability to create certain secured indebtedness without equally and ratably securing the notes, and restrict certain consolidations, mergers or transfers of substantially all assets. The company also notes that holders have rights upon the occurrence of a defined change of control triggering event, and that the securities are subject to customary events of default.
Corporate governance and board composition
S&P Global is incorporated in New York and its common stock is listed on the New York Stock Exchange under the symbol SPGI. The company periodically reports changes to its Board of Directors and senior leadership through current reports on Form 8-K. For example, the Board has disclosed the appointment of new directors, including Hubert Joly and Robert Moritz, and has described the committees on which they will serve, such as the Audit Committee, Compensation and Leadership Development Committee, and Nominating and Corporate Governance Committee. These filings also reference the company’s standard compensation arrangements for non-employee directors and related deferred stock and compensation plans.
Through these governance disclosures, S&P Global provides information about board size, committee assignments and director compensation programs, allowing investors to understand aspects of its oversight structure. The company also furnishes earnings releases, investor day materials and other communications via Form 8-K, which discuss financial condition, operating results and strategic updates, although those specific financial details are not reproduced here.
Dividend history and shareholder returns
S&P Global has highlighted its long history of paying dividends, noting that it has paid a dividend each year since 1937. It also states that it is among a relatively small group of S&P 500 companies that have increased their dividend annually for more than 50 years. The Board of Directors periodically approves increases to the regular quarterly cash dividend on the company’s common stock, and has cited factors such as the expected separation of the Mobility division when evaluating dividend levels.
In addition to dividends, S&P Global’s role through S&P Dow Jones Indices gives it visibility into broader market trends in shareholder distributions, including buybacks and dividends across the S&P 500, S&P MidCap 400 and S&P SmallCap 600. The company’s published data and commentary on these topics provide context on how corporations allocate cash between dividends and share repurchases and how those patterns evolve over time.
Regulatory and compliance matters
S&P Global and its divisions operate in regulated environments, particularly in relation to credit ratings. In 2024, S&P Global Ratings, a division of S&P Global, disclosed that it had reached a settlement with the U.S. Securities and Exchange Commission in connection with an industry-wide investigation into off-channel communications. As part of that settlement, S&P Global Ratings agreed to pay a civil penalty and the SEC’s order noted the division’s remedial actions and cooperation. S&P Global Ratings has emphasized in its public statements that it takes compliance with regulatory obligations seriously and is committed to the integrity of its ratings process and the provision of high-quality independent credit ratings.
Philanthropy, AI and workforce initiatives
S&P Global has described several initiatives related to artificial intelligence and workforce readiness. The company has communicated that it is "Advancing Essential Intelligence" and that it uses AI and connected technology within its products and internal operations. It has referenced internal AI tools and training programs, such as mandatory AI education for employees and internal tools like Kensho Spark Assist, as part of its workforce strategy.
In addition, S&P Global and the S&P Global Foundation have launched a philanthropic program called StepForward, which is a multi-year initiative focused on preparing global youth for an AI-enabled workforce. The initiative involves grants to nonprofit organizations working on workforce readiness and AI education, as well as skills-based volunteering opportunities for S&P Global employees. These activities extend the company’s stated "People Forward" philosophy into broader community engagement.
Status and regulatory reporting
Based on recent SEC filings, S&P Global Inc. continues to file current reports on Form 8-K and to register its common stock under Section 12(b) of the Securities Exchange Act of 1934, with its shares trading on the New York Stock Exchange under the symbol SPGI. The company uses these filings to report material events, financing transactions, governance changes and other developments. There is no indication in the provided materials of a delisting, deregistration or completed merger that would fundamentally change its status as a public company.