SPGI Tax Provision from 2010 to 2024

SPGI Stock  USD 491.81  5.25  1.08%   
SP Global's Tax Provision is increasing with slightly volatile movements from year to year. Tax Provision is estimated to finish at about 861.3 M this year. Tax Provision is the amount set aside by SP Global to cover any estimated taxes for the current period. It reflects SP Global's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
293 M
Current Value
313 M
Quarterly Volatility
99.6 M
 
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 Tax Provision Growth Pattern

Below is the plot of the Tax Provision of SP Global over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. SP Global's Tax Provision 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.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

SPGI Tax Provision Regression Statistics

Arithmetic Mean709,553,333
Geometric Mean686,764,573
Coefficient Of Variation27.85
Mean Deviation163,064,000
Median627,000,000
Standard Deviation197,596,757
Sample Variance39044.5T
Range633M
R-Value0.67
Mean Square Error23439.5T
R-Squared0.44
Significance0.01
Slope29,393,214
Total Sum of Squares546622.7T

SPGI Tax Provision History

2024861.3 M
2023755 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 Tax Provision, 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
Tax Provision755 M861.3 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
11.32
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.