Blackstone Inc. (BX) vs S&P Global Inc. (SPGI)
A side-by-side comparison of Blackstone Inc. and S&P Global Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.
BX
Blackstone Inc.
$124.96Financial ServicesDelayed quote: Sep 18, 2026, 4:00 PM EDT
SPGI
S&P Global Inc.
$405.32Financial ServicesDelayed quote: Sep 18, 2026, 4:00 PM EDT
Total return — BX vs SPGI
growth of $100 · dividends reinvested · last 10yBX +677.1% (+22.8%/yr)SPGI +257.6% (+13.6%/yr)BX compounded faster over this window
BX SPGI
BX vs SPGI: by the numbers
- •BX is the larger company ($150.95B vs $119.49B market cap).
- •SPGI trades at the lower trailing earnings multiple (24.68 vs 27.77 P/E), one valuation lens rather than an overall verdict.
- •SPGI converts more revenue to profit (30.53% vs 21.93% net margin).
- •SPGI grew revenue faster over the past five years (15.53% vs 3.73% CAGR).
- •BX pays the higher dividend yield (4.07% vs 0.94%).
Metrics side by side
Valuation
| Metric | BX | SPGI |
|---|---|---|
| P/E ratio | 27.77 | 24.68 |
| Forward P/E | 20.77 | 22.68 |
| P/S ratio | 9.41 | 7.41 |
| P/B ratio | 16.75 | 3.78 |
Profitability
| Metric | BX | SPGI |
|---|---|---|
| Gross margin | 88.82% | 70.90% |
| Operating margin | 52.08% | 46.27% |
| Net margin | 21.93% | 30.53% |
| ROE | 39.04% | 15.57% |
Dividends
| Metric | BX | SPGI |
|---|---|---|
| Dividend yield | 4.07% | 0.94% |
| Payout ratio | 116.22% | 23.57% |
Growth (annualized)
| Metric | BX | SPGI |
|---|---|---|
| Revenue CAGR (5Y) | 3.73% | 15.53% |
| EPS CAGR (5Y) | 20.94% | 8.60% |
| Total return CAGR (5Y) | 3.52% | -0.99% |
Frequently asked
- Which has the lower trailing P/E, BX or SPGI?
- SPGI has the lower trailing P/E: BX trades at 27.77 and SPGI at 24.68. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, BX or SPGI?
- Over the past five years, SPGI grew revenue faster — BX at a 3.73% CAGR versus SPGI at 15.53%.
- Does BX or SPGI pay a bigger dividend?
- BX yields 4.07% and SPGI yields 0.94% based on trailing dividends and the latest price.
- Is BX or SPGI more profitable?
- SPGI runs the higher net margin — BX at 21.93% versus SPGI at 30.53%.
- How have BX and SPGI total returns compared?
- Over the past 10 years, BX delivered 22.57% and SPGI delivered 13.91% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Blackstone P/E ratioS&P Global P/E ratioBlackstone dividend yieldS&P Global dividend yieldBlackstone ROES&P Global ROEBlackstone operating marginS&P Global operating marginBlackstone revenue growthS&P Global revenue growth
Blackstone & S&P Global appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 13, 2026.