SPGI
S&P Global Inc.
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What it owns, and who has a claim on it
Both columns are the same height because they are the same money, counted twice: once by what it is, once by who it belongs to.
| Cash | $2.4B5% |
|---|---|
| Receivables | $3.1B6% |
| Property & equipment | $233M0% |
| Goodwill | $27.6B57% |
| Intangibles | $11.9B25% |
| Other assetsincludes 1 line item this filer does not report separately | $2.7B6% |
| Accounts payable | $507M1% |
|---|---|
| Long-term debt | $10.6B22% |
| Other liabilities | $11.7B24% |
| Equity incl. noncontrolling interest | $19.8B41% |
Not reported separately
This filer does not break these out. They are inside the totals, counted in the shaded remainder — not estimated, and not set to zero.
S&P Global Inc. (SPGI) files with the SEC as an industrials company. Its most recent balance sheet puts total assets at $48.0B, against $22.9B of liabilities and $19.8B of equity, as at 2026-09-30. That balance sheet shrank 23.6% against 2026-06-30, when total assets were $62.9B. Liabilities account for 47.6% of the balance sheet and equity 41.3%, about $1.15 of liabilities for every dollar of equity. The largest single line on the asset side is Goodwill at $27.6B, 57.5% of total assets, followed by Intangibles at $11.9B. Its largest single liability is Long-term debt at $10.6B, 22.1% of the balance sheet. The figures come from a filing filed on 2026-10-28. Some line items this filer reports are not broken out separately here; the totals are complete and the difference is shown as a remainder rather than distributed across the lines that are named. The filing presents redeemable instruments between liabilities and equity, so it reconciles once that mezzanine block is included — every figure as filed. Every figure above is as filed, taken from the most recent filing that reported it. Nothing is estimated or smoothed, and where the filing and the identity disagree the disagreement is shown rather than closed.
Funding is split roughly evenly: equity is 41% of the balance sheet and liabilities 59%.
Not every line item is reported separately by this filer: inventory are inside the totals rather than broken out.
The numbers behind S&P Global Inc.’s balance sheet
The check, written out
Assets $48,032,000,000 − (liabilities $22,854,000,000 + equity $19,830,000,000 + mezzanine equity $5,348,000,000) = $0
Ratios
| Liabilities to assets | $22.9B ÷ $48.0B | 47.6% |
|---|---|---|
| Equity to assets | $19.8B ÷ $48.0B | 41.3% |
| Liabilities to equity | $22.9B ÷ $19.8B | 1.15× |
| Largest asset line: Goodwill | $27.6B ÷ $48.0B | 57.5% |
| Largest liability line: Long-term debt | $10.6B ÷ $48.0B | 22.1% |
Does it balance, quarter by quarter
8 of the last 8 tested balance sheets on file reconcile as this site reads them. Each row is judged by the same check as the drawing above, and “latest filing” is the newest filing that carried that period's figures, since later filings repeat earlier periods as comparatives.
| Period end | Latest filing | Assets | Liabilities | Equity | A = L + E |
|---|---|---|---|---|---|
| 2026-09-30 | 2026-10-28 | $48.0B | $22.9B | $19.8B | Balanced, with mezzanine equity |
| 2026-06-30 | 2026-07-28 | $62.9B | $26.3B | $31.6B | Balanced, with mezzanine equity |
| 2026-03-31 | 2026-04-28 | $60.8B | $24.6B | $31.3B | Balanced, with mezzanine equity |
| 2025-12-31 | 2026-02-11 | $61.2B | $25.0B | $31.2B | Balanced, with mezzanine equity |
| 2025-09-30 | 2025-10-30 | $59.7B | $22.1B | $33.2B | Balanced, with mezzanine equity |
| 2025-06-30 | 2025-08-01 | $60.4B | $22.4B | $33.5B | Balanced, with mezzanine equity |
| 2025-03-31 | 2025-04-29 | $59.9B | $22.2B | $33.5B | Balanced, with mezzanine equity |
| 2024-12-31 | 2025-02-11 | $60.2B | $22.7B | $33.3B | Balanced, with mezzanine equity |
Where to go from here
- All Industrials companies — largest by total assets first, as most recently filed.
- Every company covered — the directory this page belongs to.
- How the check works — what “balanced” means and what the exceptions are.
Ask about these numbers
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Learn more
- What Is the Accounting Identity? Meaning and Example — Why Assets = Liabilities + Equity works as a test on data you did not produce, and what it means when a filing does not balance.
- Why Naive XBRL Extraction Breaks Balance Sheets (And How a Balance Check Catches It) — How the figure on this page was chosen out of the twenty-odd tags the filer published for it.
- 995 of 38,568 SEC Filings Failed Our Balance Sheet Check — 995 of 38,568 filings failed the check: the method, the reasons and the filings themselves.
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