SPGI Income Tax Expense from 2010 to 2024

SPGI Stock  USD 490.13  10.38  2.07%   
SP Global's Income Tax Expense is increasing with slightly volatile movements from year to year. Income Tax Expense is predicted to flatten to about 444.7 M. For the period between 2010 and 2024, SP Global, Income Tax Expense quarterly trend regression had mean deviation of  220,594,210 and range of 1 B. View All Fundamentals
 
Income Tax Expense  
First Reported
1990-03-31
Previous Quarter
293 M
Current Value
313 M
Quarterly Volatility
92.6 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SP Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SP Global's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 B, Interest Expense of 350.7 M or Total Revenue of 13.1 B, as well as many indicators such as Price To Sales Ratio of 11.78, Dividend Yield of 0.0078 or PTB Ratio of 3.9. SPGI financial statements analysis is a perfect complement when working with SP Global Valuation or Volatility modules.
  
Check out the analysis of SP Global Correlation against competitors.
For more detail on how to invest in SPGI Stock please use our How to Invest in SP Global guide.

Latest SP Global's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of SP Global over the last few years. It is SP Global's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SP Global's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

SPGI Income Tax Expense Regression Statistics

Arithmetic Mean615,506,203
Geometric Mean545,823,517
Coefficient Of Variation45.30
Mean Deviation220,594,210
Median560,000,000
Standard Deviation278,820,760
Sample Variance77741T
Range1B
R-Value0.61
Mean Square Error52223.4T
R-Squared0.38
Significance0.02
Slope38,241,255
Total Sum of Squares1088374.2T

SPGI Income Tax Expense History

2024444.7 M
2023778 M
20221.2 B
2021901 M
2020694 M
2019627 M
2018560 M

About SP Global Financial Statements

Investors use fundamental indicators, such as SP Global's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although SP Global's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Income Tax Expense778 M444.7 M

Currently Active Assets on Macroaxis

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 the analysis of SP Global Correlation against competitors.
For more detail on how to invest in SPGI Stock please use our How to Invest in SP Global guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Financial Exchanges & Data space 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
0.335
Dividend Share
3.63
Earnings Share
11.31
Revenue Per Share
43.945
Quarterly Revenue Growth
0.159
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.