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 August 5, 2026. Differences are shown without an overall score or investment verdict.
BX
Blackstone Inc.
$136.02Financial ServicesDelayed quote: Aug 5, 2026, 3:59 PM EDT
SPGI
S&P Global Inc.
$410.03Financial ServicesDelayed quote: Aug 5, 2026, 4:00 PM EDT
Total return — BX vs SPGI
growth of $100 · dividends reinvested · last 19yBX +894.5%SPGI +702.7%BX compounded faster
BX SPGI
BX vs SPGI: by the numbers
- •BX is the larger company ($164.31B vs $120.88B market cap).
- •SPGI trades at the lower trailing earnings multiple (25.12 vs 30.23 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 (3.65% vs 0.94%).
Metrics side by side
Valuation
| Metric | BX | SPGI |
|---|---|---|
| P/E ratio | 30.23 | 25.12 |
| Forward P/E | 22.92 | 22.82 |
| P/S ratio | 6.64 | 7.56 |
| P/B ratio | 11.83 | 3.86 |
| PEG ratio | 5.53 | 1.91 |
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% |
| ROIC | 13.61% | 9.22% |
Dividends
| Metric | BX | SPGI |
|---|---|---|
| Dividend yield | 3.65% | 0.94% |
| Payout ratio | 128.09% | 26.31% |
Growth (annualized)
| Metric | BX | SPGI |
|---|---|---|
| Revenue CAGR (5Y) | 3.73% | 15.53% |
| EPS CAGR (5Y) | 20.94% | 8.60% |
| Total return CAGR (5Y) | 6.95% | -0.43% |
Frequently asked
- Which has the lower trailing P/E, BX or SPGI?
- SPGI has the lower trailing P/E: BX trades at 30.23 and SPGI at 25.12. 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 3.65% 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 22.80% and SPGI delivered 14.22% 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 growthBlackstone free cash flowS&P Global free cash flow
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 August 5, 2026.