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S&P Global Inc. (SPGI) Interest Coverage Ratio: 22.57x

The interest coverage ratio for S&P Global Inc. (SPGI) is 22.57x as of Tuesday, June 9, 2026.

SPGI Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

22.57x

SPGI Competitors' Interest Coverage Ratio

NAMEMARKET CAPINTEREST COVERAGE RATIOTTM3Y5Y
S&P Global Inc. (SPGI)22.57xN/AN/AN/A
Chubb Limited (CB)$126.10B17.07x16.27x14.52x14.34x
The Progressive Corporation (PGR)$116.94B51.16x44.78x27.91x27.33x
The Charles Schwab Corporation (SCHW)$154.38B3.05x2.13x2.82x6.30x
BlackRock, Inc. (BLK)$157.09B9.98x12.03x18.92x23.30x
CME Group Inc. (CME)$92.74B32.61x28.52x24.28x21.48x
Marsh & McLennan Companies, Inc. (MMC)$89.82B6.48x7.40x8.27x8.12x
Intercontinental Exchange, Inc. (ICE)$80.05B6.27x5.50x5.37x6.36x
Moody's Corporation (MCO)$78.60B18.28x16.42x13.21x12.51x
iShares Russell 2000 ETF (IWM)$78.33BN/AN/AN/AN/A

Financial Health Indicators

Interest Coverage

22.6x

Debt/Equity

0.45

Current Ratio

0.82

Formula: Interest Coverage = EBIT / Interest Expense

Reference ranges:

  • < 1.5x: EBIT is less than 1.5 times interest expense
  • 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
  • 3x - 5x: EBIT is between 3 and 5 times interest expense
  • > 5x: EBIT is more than 5 times interest expense

Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.

S&P Global Inc. Interest Coverage Ratio Formula & Definition

Interest Coverage = EBIT / Interest Expense

The interest coverage ratio measures operating earnings relative to interest expense.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

S&P Global Inc. Interest Coverage Ratio FAQ

What is the interest coverage ratio for S&P Global Inc. (SPGI)?
The interest coverage ratio for SPGI stock is 22.57x.

About S&P Global Inc.

S&P Global Inc., through its affiliated entities, delivers crucial services like credit assessments, market benchmarks, advanced analytics, and comprehensive workflow tools. Their reach extends across the worldwide capital, commodity, and automotive industries. The company is structured into six key operating segments: S&P Global Ratings, S&P Dow Jones Indices, S&P Global Commodity Insights, S&P Global Market Intelligence, S&P Global Mobility, and S&P Global Engineering Solutions. S&P Global Ratings functions as an independent authority, supplying credit assessments, research, and analytical insights. It equips investors and other market players with essential data, ratings, and comparative metrics. S&P Dow Jones Indices specializes in crafting and upholding diverse valuation and index benchmarks. These are vital resources for investment advisors, wealth managers, and large institutional investors. S&P Global Commodity Insights delivers critical data and intelligence pertaining to global energy and commodity markets, empowering clients to make informed decisions. S&P Global Market Intelligence provides advanced data and technological tools, furnishing customers with insights crucial for strategic choices. Its extensive portfolio encompasses end-to-end workflow solutions, addressing areas such as capital structuring, data dissemination, ESG practices, leveraged finance, private equity, industry-specific analysis, supply chain management, issuer support, and comprehensive credit, risk, and regulatory compliance solutions. S&P Global Mobility leverages unparalleled automotive data to generate foresight, helping clients foresee market shifts and execute sound business decisions. S&P Global Engineering Solutions supplies specialized engineering knowledge and remedies across various sectors, including aerospace, defense, energy, architecture, construction, and transportation. Its offerings enable both business and technical leaders to optimize processes and make effective determinations. Established in 1860, S&P Global Inc. maintains its primary corporate offices in New York, New York.

New York City, NY
42,350 employees
Financial Services / Financial - Data & Stock Exchanges
Sector
Financial Services
Industry
Financial - Data & Stock Exchanges
CEO
Martina L. Cheung