SPGI Income Statement Research

SPGI Stock  USD 416.93  4.37  1.06%   
Most accounts from SP Global's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into SP Global current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out SP Global Valuation and SP Global Correlation analysis.
For more detail on how to invest in SPGI Stock please use our How to Invest in SP Global guide.
  
As of now, SP Global's Gross Profit is increasing as compared to previous years. The SP Global's current Operating Income is estimated to increase to about 4.2 B, while Other Operating Expenses is projected to decrease to under 3.8 B.
Most accounts from SP Global's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into SP Global current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out SP Global Valuation and SP Global Correlation analysis.
For more detail on how to invest in SPGI Stock please use our How to Invest in SP Global guide.As of now, SP Global's Gross Profit is increasing as compared to previous years. The SP Global's current Operating Income is estimated to increase to about 4.2 B, while Other Operating Expenses is projected to decrease to under 3.8 B.
 2021 2022 2023 2024 (projected)
Interest Expense119M304M334M350.7M
Depreciation And Amortization229M1.0B1.1B1.2B

SP Global income statement Correlations

0.90.910.90.490.550.590.610.230.380.630.170.620.360.620.37-0.260.070.580.53-0.910.990.780.37-0.79
0.90.910.90.430.760.750.770.140.330.80.20.770.540.450.62-0.10.070.680.74-0.820.90.710.18-0.72
0.910.910.950.560.780.810.830.220.480.810.070.80.530.590.57-0.210.130.630.72-0.740.880.710.19-0.72
0.90.90.950.320.770.810.79-0.040.220.74-0.090.750.370.410.55-0.290.080.510.72-0.760.880.810.15-0.81
0.490.430.560.320.230.250.380.490.980.470.570.440.590.820.310.270.10.580.35-0.40.460.020.140.01
0.550.760.780.770.230.980.96-0.080.20.940.050.940.710.070.84-0.110.150.650.86-0.310.510.45-0.1-0.46
0.590.750.810.810.250.980.99-0.10.220.93-0.070.930.650.110.83-0.070.150.590.85-0.330.540.48-0.11-0.49
0.610.770.830.790.380.960.99-0.050.350.970.070.960.730.180.870.020.150.670.86-0.350.560.41-0.09-0.42
0.230.140.22-0.040.49-0.08-0.1-0.050.54-0.010.24-0.040.220.67-0.15-0.150.170.11-0.06-0.210.180.190.340.02
0.380.330.480.220.980.20.220.350.540.430.550.40.620.790.310.30.110.530.34-0.290.34-0.040.090.15
0.630.80.810.740.470.940.930.97-0.010.430.310.990.840.220.880.040.150.810.87-0.390.590.350.0-0.36
0.170.20.07-0.090.570.05-0.070.070.240.550.310.260.580.280.240.280.020.670.14-0.180.17-0.280.280.27
0.620.770.80.750.440.940.930.96-0.040.40.990.260.790.20.890.020.280.760.86-0.380.580.36-0.02-0.37
0.360.540.530.370.590.710.650.730.220.620.840.580.790.280.730.210.150.840.72-0.170.30.060.020.08
0.620.450.590.410.820.070.110.180.670.790.220.280.20.280.04-0.090.080.340.27-0.610.60.420.32-0.23
0.370.620.570.550.310.840.830.87-0.150.310.880.240.890.730.040.280.140.590.84-0.180.360.18-0.15-0.11
-0.26-0.1-0.21-0.290.27-0.11-0.070.02-0.150.30.040.280.020.21-0.090.28-0.070.060.050.26-0.23-0.54-0.510.52
0.070.070.130.080.10.150.150.150.170.110.150.020.280.150.080.14-0.070.080.13-0.040.060.06-0.02-0.03
0.580.680.630.510.580.650.590.670.110.530.810.670.760.840.340.590.060.080.67-0.410.550.160.21-0.22
0.530.740.720.720.350.860.850.86-0.060.340.870.140.860.720.270.840.050.130.67-0.390.520.45-0.22-0.28
-0.91-0.82-0.74-0.76-0.4-0.31-0.33-0.35-0.21-0.29-0.39-0.18-0.38-0.17-0.61-0.180.26-0.04-0.41-0.39-0.94-0.78-0.380.74
0.990.90.880.880.460.510.540.560.180.340.590.170.580.30.60.36-0.230.060.550.52-0.940.790.36-0.79
0.780.710.710.810.020.450.480.410.19-0.040.35-0.280.360.060.420.18-0.540.060.160.45-0.780.790.3-0.8
0.370.180.190.150.14-0.1-0.11-0.090.340.090.00.28-0.020.020.32-0.15-0.51-0.020.21-0.22-0.380.360.3-0.3
-0.79-0.72-0.72-0.810.01-0.46-0.49-0.420.020.15-0.360.27-0.370.08-0.23-0.110.52-0.03-0.22-0.280.74-0.79-0.8-0.3
Click cells to compare fundamentals

SP Global Account Relationship Matchups

SP Global income statement Accounts

201920202021202220232024 (projected)
Interest Expense198M141M119M304M334M350.7M
Total Revenue6.7B7.4B8.3B11.2B12.5B13.1B
Gross Profit4.9B5.4B6.1B7.4B12.5B13.1B
Operating Income2.8B3.2B3.6B4.2B3.1B4.0B
Ebit2.8B3.2B3.6B4.2B3.1B4.0B
Ebitda3.3B3.8B4.5B4.1B4.0B4.2B
Cost Of Revenue1.8B2.1B2.2B3.8B4.1B2.3B
Income Before Tax2.9B3.2B4.2B4.7B3.7B3.9B
Net Income2.1B2.3B3.0B3.2B2.6B2.8B
Income Tax Expense627M694M901M1.2B778M444.7M
Minority Interest180M195M(239M)274M(263M)(249.9M)
Tax Provision627M694M901M1.2B755M861.3M
Net Interest Income(198M)(141M)(119M)(304M)(344M)(326.8M)

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When determining whether SP Global offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SP Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sp Global Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sp Global Stock:
Check out SP Global Valuation and SP Global Correlation analysis.
For more detail on how to invest in SPGI Stock please use our How to Invest in SP Global guide.
Note that the SP Global information on this page should be used as a complementary analysis to other SP Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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When running SP Global's price analysis, check to measure SP Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SP Global is operating at the current time. Most of SP Global's value examination focuses on studying past and present price action to predict the probability of SP Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SP Global's price. Additionally, you may evaluate how the addition of SP Global to your portfolios can decrease your overall portfolio volatility.
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Is SP Global's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SP Global. If investors know SPGI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SP Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.367
Dividend Share
3.6
Earnings Share
8.21
Revenue Per Share
39.249
Quarterly Revenue Growth
0.073
The market value of SP Global is measured differently than its book value, which is the value of SPGI that is recorded on the company's balance sheet. Investors also form their own opinion of SP Global's value that differs from its market value or its book value, called intrinsic value, which is SP Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SP Global's market value can be influenced by many factors that don't directly affect SP Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SP Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if SP Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SP Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.