S&P Global annual return on equity
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
S&P Global Return on Equity (ROE) Growth & History (SPGI)
S&P Global's return on equity was 13.91% for fiscal 2025.
View full S&P Global company overviewS&P Global annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 13.91% | +2.47 pp |
| 2024 | 2024-12-31 | 11.44% | +4.00 pp |
| 2023 | 2023-12-31 | 7.44% | −9.47 pp |
| 2022 | 2022-12-31 | 16.91% | −221.11 pp |
| 2021 | 2021-12-31 | 238.02% | −235.47 pp |
| 2020 | 2020-12-31 | 473.48% | +89.92 pp |
| 2019 | 2019-12-31 | 383.56% | +90.66 pp |
| 2018 | 2018-12-31 | 292.89% | +72.73 pp |
| 2017 | 2017-12-31 | 220.16% | −278.89 pp |
| 2016 | 2016-12-31 | 499.05% | +160.05 pp |
| 2015 | 2015-12-31 | 339.00% | +351.86 pp |
| 2014 | 2014-12-31 | −12.86% | −145.93 pp |
| 2013 | 2013-12-31 | 133.08% | +94.66 pp |
| 2012 | 2012-12-31 | 38.42% | −10.57 pp |
| 2011 | 2011-12-31 | 48.99% | +8.19 pp |
| 2010 | 2010-12-31 | 40.81% | −5.91 pp |
| 2009 | 2009-12-31 | 46.71% | −7.30 pp |
| 2008 | 2008-12-31 | 54.02% | — |
S&P Global quarterly return on equity
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Q3.09
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Q3.11
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Q3.12
Q4.12
Q1.13
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Q3.13
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Q1.14
Q2.14
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Q4.15
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Q3.16
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Q3.17
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Q1.19
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Q4.20
Q1.21
Q2.21
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Q4.21
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Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 3.88% | +0.67 pp |
| Q1 2026 | 2026-03-31 | 4.48% | +1.20 pp |
| Q4 2025 | 2025-12-31 | 3.53% | +0.91 pp |
| Q3 2025 | 2025-09-30 | 3.54% | +0.72 pp |
| Q2 2025 | 2025-06-30 | 3.21% | +0.29 pp |
| Q1 2025 | 2025-03-31 | 3.28% | +0.38 pp |
| Q4 2024 | 2024-12-31 | 2.62% | +0.96 pp |
| Q3 2024 | 2024-09-30 | 2.82% | +0.73 pp |
| Q2 2024 | 2024-06-30 | 2.92% | +1.50 pp |
| Q1 2024 | 2024-03-31 | 2.89% | +0.70 pp |
| Q4 2023 | 2023-12-31 | 1.66% | +0.48 pp |
| Q3 2023 | 2023-09-30 | 2.09% | +0.51 pp |
| Q2 2023 | 2023-06-30 | 1.42% | −1.03 pp |
| Q1 2023 | 2023-03-31 | 2.19% | −3.73 pp |
| Q4 2022 | 2022-12-31 | 1.18% | −33.59 pp |
| Q3 2022 | 2022-09-30 | 1.59% | −49.67 pp |
| Q2 2022 | 2022-06-30 | 2.46% | −67.03 pp |
| Q1 2022 | 2022-03-31 | 5.92% | −92.07 pp |
| Q4 2021 | 2021-12-31 | 34.77% | −60.71 pp |
| Q3 2021 | 2021-09-30 | 51.25% | −88.32 pp |
| Q2 2021 | 2021-06-30 | 69.48% | — |
| Q1 2021 | 2021-03-31 | 97.99% | −460.09 pp |
| Q4 2020 | 2020-12-31 | 95.48% | −35.67 pp |
| Q3 2020 | 2020-09-30 | 139.57% | −4.25 pp |
| Q1 2020 | 2020-03-31 | 558.08% | +472.21 pp |
| Q4 2019 | 2019-12-31 | 131.15% | +64.35 pp |
| Q3 2019 | 2019-09-30 | 143.82% | +77.29 pp |
| Q2 2019 | 2019-06-30 | 132.30% | −23.97 pp |
| Q1 2019 | 2019-03-31 | 85.86% | −51.29 pp |
| Q4 2018 | 2018-12-31 | 66.80% | +32.82 pp |
| Q3 2018 | 2018-09-30 | 66.53% | +21.97 pp |
| Q2 2018 | 2018-06-30 | 156.27% | +109.70 pp |
| Q1 2018 | 2018-03-31 | 137.15% | +81.70 pp |
| Q4 2017 | 2017-12-31 | 33.98% | −62.60 pp |
| Q3 2017 | 2017-09-30 | 44.56% | −168.32 pp |
| Q2 2017 | 2017-06-30 | 46.57% | −81.52 pp |
| Q1 2017 | 2017-03-31 | 55.46% | −85.89 pp |
| Q4 2016 | 2016-12-31 | 96.58% | +38.37 pp |
| Q3 2016 | 2016-09-30 | 212.89% | +174.59 pp |
| Q2 2016 | 2016-06-30 | 128.09% | +69.11 pp |
| Q1 2016 | 2016-03-31 | 141.35% | +82.34 pp |
| Q4 2015 | 2015-12-31 | 58.22% | +141.61 pp |
| Q3 2015 | 2015-09-30 | 38.30% | +25.56 pp |
| Q2 2015 | 2015-06-30 | 58.98% | +38.16 pp |
| Q1 2015 | 2015-03-31 | 59.01% | +40.39 pp |
| Q4 2014 | 2014-12-31 | −83.39% | −98.49 pp |
| Q3 2014 | 2014-09-30 | 12.74% | −6.81 pp |
| Q2 2014 | 2014-06-30 | 20.82% | −1.73 pp |
| Q1 2014 | 2014-03-31 | 18.62% | −63.18 pp |
| Q4 2013 | 2013-12-31 | 15.10% | +32.02 pp |
| Q3 2013 | 2013-09-30 | 19.55% | +1.34 pp |
| Q2 2013 | 2013-06-30 | 22.55% | +9.72 pp |
| Q1 2013 | 2013-03-31 | 81.80% | +74.15 pp |
| Q4 2012 | 2012-12-31 | −16.92% | −28.44 pp |
| Q3 2012 | 2012-09-30 | 18.21% | +1.81 pp |
| Q2 2012 | 2012-06-30 | 12.82% | +3.41 pp |
| Q1 2012 | 2012-03-31 | 7.65% | +2.25 pp |
| Q4 2011 | 2011-12-31 | 11.52% | +4.42 pp |
| Q3 2011 | 2011-09-30 | 16.40% | −2.73 pp |
| Q2 2011 | 2011-06-30 | 9.41% | −0.79 pp |
| Q1 2011 | 2011-03-31 | 5.40% | −0.09 pp |
| Q4 2010 | 2010-12-31 | 7.09% | −2.40 pp |
| Q3 2010 | 2010-09-30 | 19.13% | −2.76 pp |
| Q2 2010 | 2010-06-30 | 10.20% | −2.06 pp |
| Q1 2010 | 2010-03-31 | 5.50% | — |
| Q4 2009 | 2009-12-31 | 9.49% | — |
| Q3 2009 | 2009-09-30 | 21.89% | — |
| Q2 2009 | 2009-06-30 | 12.27% | — |
S&P Global return on equity trends
Over the last five fiscal years, S&P Global's return on equity decreased from 473.48% to 13.91%, a change of −459.57 percentage points. The latest reported quarter, Q2 2026, shows 3.88%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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