Company / Operating Margin
S&P Global Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
42.2%
FY2025
5-year range
39.3% / 50.9%
FY2021-FY2025
Trend
+7.6%
vs FY2024
Sector context
#17 of 105
Financials
What the data says
S&P Global's operating margin of 42.2% is higher than 84% of companies in the Financials sector (FY2025). Operating Margin has fluctuated over the past 10 years, ranging from 2.2% in FY2016 to 177.8% in FY2017.
Based on SEC 10-K filings.
42.2% in FY2025 with a 5-year CAGR of -2.3%. Top quartile in the Financials sector.
Declined from 50.9% to 42.2% over the past 2 years.
Financials sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- -2.0pp
- 5-Year Change
- -2.3pp
- 10-Year Change
- -
Sector benchmark
+186.3% above sector average
Key checks
Key Insights
- In FY2025, operating margin increased 7.6% year-over-year.
- Currently 91.2pp above the Financials sector average.
- Peak operating margin was recorded in FY2017.
- Lowest operating margin in the period was in FY2016.
Company context
Key Data Points
- Strong profit margin: 21.0%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 42.2% | +7.6% |
| FY2024 | 39.3% | -22.8% |
| FY2023 | 50.9% | +15.0% |
| FY2022 | 44.2% | -8.2% |
| FY2021 | 48.2% | +8.0% |
| FY2020 | 44.6% | +4.6% |
| FY2019 | 42.6% | -4.4% |
| FY2018 | 44.6% | -74.9% |
| FY2017 | 177.8% | +7836.2% |
| FY2016 | 2.2% | -92.2% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026