S&P Global Inc. (SPGI) Operating Margin: 42.24%
Is S&P Global Inc.’s operating margin high or low?
S&P Global Inc.'s operating margin of 42.24% is in line with its 5-year average of 42.90%, around the middle of its 5-year range (32.17%–50.87%).
The operating margin for S&P Global Inc. (SPGI) is 42.24% as of Tuesday, June 9, 2026. It is above its 12-month average by 3.64% (40.76%).
SPGI Operating Margin Chart
SPGI Average Operating Margin Chart
SPGI Current vs Average Operating Margin Chart
SPGI Operating Margin Metrics
OPERATING MARGIN
42.24%
OPERATING MARGIN AVG TTM
40.76%
OPERATING MARGIN AVG 3Y
39.48%
OPERATING MARGIN AVG 5Y
42.90%
OPERATING MARGIN AVG 10Y
44.35%
OPERATING MARGIN AVG 15Y
36.13%
OPERATING MARGIN AVG 20Y
32.88%
CURRENT VS TTM AVG
+3.64%
CURRENT VS 3Y AVG
+7.00%
CURRENT VS 5Y AVG
-1.53%
CURRENT VS 10Y AVG
-4.75%
CURRENT VS 15Y AVG
+16.91%
CURRENT VS 20Y AVG
+28.47%
SPGI Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| S&P Global Inc. (SPGI) | — | 42.24% | 40.76% | 39.48% | 42.90% |
| Chubb Limited (CB) | $126.10B | 21.82% | 21.11% | 19.08% | 18.64% |
| The Progressive Corporation (PGR) | $116.94B | 16.23% | 15.23% | 10.05% | 10.98% |
| The Charles Schwab Corporation (SCHW) | $154.38B | 41.41% | 35.50% | 34.52% | 35.70% |
| BlackRock, Inc. (BLK) | $157.09B | 29.09% | 33.10% | 34.27% | 35.11% |
| CME Group Inc. (CME) | $92.74B | 64.86% | 64.50% | 62.66% | 60.18% |
| Marsh & McLennan Companies, Inc. (MMC) | $89.82B | 23.06% | 23.42% | 22.68% | 21.71% |
| Intercontinental Exchange, Inc. (ICE) | $80.05B | 38.74% | 37.69% | 37.61% | 37.47% |
| Moody's Corporation (MCO) | $78.60B | 44.77% | 43.34% | 40.19% | 42.01% |
| iShares Russell 2000 ETF (IWM) | $78.33B | N/A | N/A | N/A | N/A |
Operating Efficiency
Gross Margin
70.3%
Operating Margin
42.2%
S&P Global Inc. Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
S&P Global Inc. Operating Margin FAQ
- What is the operating margin for S&P Global Inc. (SPGI)?
- The operating margin for SPGI stock is 42.24%.
- Is S&P Global Inc.'s operating margin high or low?
- S&P Global Inc.'s operating margin of 42.24% is in line with its 5-year average of 42.90%, around the middle of its 5-year range (32.17%–50.87%).
- What is the TTM average operating margin for S&P Global Inc. (SPGI)?
- The TTM average operating margin for SPGI stock is 40.76%.
- What is the 3Y average operating margin for S&P Global Inc. (SPGI)?
- The 3Y average operating margin for SPGI stock is 39.48%.
- What is the 5Y average operating margin for S&P Global Inc. (SPGI)?
- The 5Y average operating margin for SPGI stock is 42.90%.
- What is the 10Y average operating margin for S&P Global Inc. (SPGI)?
- The 10Y average operating margin for SPGI stock is 44.35%.
- What is the 15Y average operating margin for S&P Global Inc. (SPGI)?
- The 15Y average operating margin for SPGI stock is 36.13%.
- What is the 20Y average operating margin for S&P Global Inc. (SPGI)?
- The 20Y average operating margin for SPGI stock is 32.88%.
S&P Global Inc. Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2025-12-31 | 42.24% |
| 2024-12-31 | 39.27% |
| 2023-12-31 | 32.17% |
| 2022-12-31 | 44.22% |
| 2021-12-31 | 50.87% |
| 2020-12-31 | 48.60% |
| 2019-12-31 | 48.16% |
| 2018-12-31 | 44.58% |
| 2017-12-31 | 42.60% |
| 2016-12-31 | 59.02% |
| 2015-12-31 | 36.08% |
| 2014-12-31 | 2.24% |
| 2013-12-31 | 27.86% |
| 2012-12-31 | 26.29% |
| 2011-12-31 | 17.24% |
| 2010-12-31 | 16.63% |
| 2009-12-31 | 21.10% |
| 2008-12-31 | 21.32% |
| 2007-12-31 | 24.56% |
| 2006-12-31 | 22.68% |
| 2005-12-31 | 22.74% |
| 2004-12-31 | 22.37% |
| 2003-12-31 | 23.56% |
| 2002-12-31 | 19.21% |
| 2001-12-31 | 14.45% |
| 2000-12-31 | 19.16% |
| 1999-12-31 | 16.93% |
| 1998-12-31 | 14.68% |
| 1997-12-31 | 13.72% |
| 1996-12-31 | 13.76% |