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Side-by-side financial comparison of BARRICK MINING CORP (B) and S&P Global (SPGI). Click either name above to swap in a different company.

S&P Global is the larger business by last-quarter revenue ($4.2B vs $3.7B, roughly 1.1× BARRICK MINING CORP). S&P Global runs the higher net margin — 36.1% vs 34.1%, a 1.9% gap on every dollar of revenue. On growth, BARRICK MINING CORP posted the faster year-over-year revenue change (16.4% vs 10.0%).

Barrick Mining Corporation is a mining company that produces gold and copper. It has mining operations and projects in Argentina, Canada, Chile, Democratic Republic of the Congo, Dominican Republic, Ecuador, Egypt, Jamaica, Mali, Pakistan, Papua New Guinea, Peru, Saudi Arabia, Senegal, Tanzania, the United States and Zambia. In 2024, it produced 3.91 million ounces of gold at all-in sustaining costs of $1,484/ounce and 195,000 tonnes of copper at all-in sustaining costs of $3.45/pound. As of ...

S&P Global Inc. is an American publicly traded corporation headquartered in Manhattan, New York. Its primary areas of business are financial information, analytics, and energy and commodities intelligence. It is the parent company of S&P Global Ratings, S&P Global Energy, S&P Global Market Intelligence, S&P Global Mobility, and the Indian credit rating agency CRISIL. It is also the majority owner of the S&P Dow Jones Indices joint venture. "S&P" is a shortening of "Standard and Poor's".

B vs SPGI — Head-to-Head

Bigger by revenue
SPGI
SPGI
1.1× larger
SPGI
$4.2B
$3.7B
B
Growing faster (revenue YoY)
B
B
+6.4% gap
B
16.4%
10.0%
SPGI
Higher net margin
SPGI
SPGI
1.9% more per $
SPGI
36.1%
34.1%
B

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
B
B
SPGI
SPGI
Revenue
$3.7B
$4.2B
Net Profit
$1.3B
$1.5B
Gross Margin
49.0%
Operating Margin
38.5%
48.0%
Net Margin
34.1%
36.1%
Revenue YoY
16.4%
10.0%
Net Profit YoY
98.1%
28.0%
EPS (diluted)
$0.47
$4.69

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
B
B
SPGI
SPGI
Q1 26
$4.2B
Q4 25
$3.9B
Q3 25
$3.9B
Q2 25
$3.7B
$3.8B
Q1 25
$3.8B
Q4 24
$3.6B
Q3 24
$3.6B
Q2 24
$3.2B
$3.5B
Net Profit
B
B
SPGI
SPGI
Q1 26
$1.5B
Q4 25
$1.1B
Q3 25
$1.2B
Q2 25
$1.3B
$1.1B
Q1 25
$1.1B
Q4 24
$879.0M
Q3 24
$971.0M
Q2 24
$634.0M
$1.0B
Gross Margin
B
B
SPGI
SPGI
Q1 26
Q4 25
70.1%
Q3 25
71.2%
Q2 25
49.0%
70.2%
Q1 25
69.5%
Q4 24
69.8%
Q3 24
70.0%
Q2 24
37.4%
69.4%
Operating Margin
B
B
SPGI
SPGI
Q1 26
48.0%
Q4 25
42.7%
Q3 25
43.1%
Q2 25
38.5%
41.3%
Q1 25
41.8%
Q4 24
36.4%
Q3 24
40.1%
Q2 24
34.5%
40.9%
Net Margin
B
B
SPGI
SPGI
Q1 26
36.1%
Q4 25
28.9%
Q3 25
30.2%
Q2 25
34.1%
28.5%
Q1 25
28.9%
Q4 24
24.5%
Q3 24
27.2%
Q2 24
20.1%
28.5%
EPS (diluted)
B
B
SPGI
SPGI
Q1 26
$4.69
Q4 25
$3.76
Q3 25
$3.86
Q2 25
$0.47
$3.50
Q1 25
$3.54
Q4 24
$2.85
Q3 24
$3.11
Q2 24
$0.21
$3.23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
B
B
SPGI
SPGI
Cash + ST InvestmentsLiquidity on hand
$4.8B
Total DebtLower is stronger
$13.3B
Stockholders' EquityBook value
$33.4B
$31.3B
Total Assets
$47.3B
$60.8B
Debt / EquityLower = less leverage
0.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
B
B
SPGI
SPGI
Q1 26
Q4 25
$1.8B
Q3 25
$1.7B
Q2 25
$4.8B
$1.8B
Q1 25
$1.5B
Q4 24
$1.7B
Q3 24
$1.7B
Q2 24
$4.0B
$2.0B
Total Debt
B
B
SPGI
SPGI
Q1 26
$13.3B
Q4 25
$13.1B
Q3 25
$11.4B
Q2 25
$11.4B
Q1 25
$11.4B
Q4 24
$11.4B
Q3 24
$11.4B
Q2 24
$11.4B
Stockholders' Equity
B
B
SPGI
SPGI
Q1 26
$31.3B
Q4 25
$31.1B
Q3 25
$33.1B
Q2 25
$33.4B
$33.4B
Q1 25
$33.4B
Q4 24
$33.2B
Q3 24
$34.0B
Q2 24
$32.5B
$34.9B
Total Assets
B
B
SPGI
SPGI
Q1 26
$60.8B
Q4 25
$61.2B
Q3 25
$59.7B
Q2 25
$47.3B
$60.4B
Q1 25
$59.9B
Q4 24
$60.2B
Q3 24
$60.4B
Q2 24
$46.2B
$61.0B
Debt / Equity
B
B
SPGI
SPGI
Q1 26
0.43×
Q4 25
0.42×
Q3 25
0.34×
Q2 25
0.34×
Q1 25
0.34×
Q4 24
0.34×
Q3 24
0.34×
Q2 24
0.33×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
B
B
SPGI
SPGI
Operating Cash FlowLast quarter
$1.3B
Free Cash FlowOCF − Capex
$919.0M
FCF MarginFCF / Revenue
22.0%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
1.06×
TTM Free Cash FlowTrailing 4 quarters
$5.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
B
B
SPGI
SPGI
Q1 26
Q4 25
$1.7B
Q3 25
$1.5B
Q2 25
$1.3B
$1.4B
Q1 25
$953.0M
Q4 24
$1.7B
Q3 24
$1.4B
Q2 24
$1.2B
$1.6B
Free Cash Flow
B
B
SPGI
SPGI
Q1 26
$919.0M
Q4 25
$1.7B
Q3 25
$1.5B
Q2 25
$1.4B
Q1 25
$910.0M
Q4 24
$1.7B
Q3 24
$1.4B
Q2 24
$1.5B
FCF Margin
B
B
SPGI
SPGI
Q1 26
22.0%
Q4 25
43.5%
Q3 25
37.6%
Q2 25
36.9%
Q1 25
24.1%
Q4 24
47.5%
Q3 24
39.4%
Q2 24
42.9%
Capex Intensity
B
B
SPGI
SPGI
Q1 26
0.6%
Q4 25
1.2%
Q3 25
1.2%
Q2 25
1.6%
Q1 25
1.1%
Q4 24
0.9%
Q3 24
1.0%
Q2 24
0.9%
Cash Conversion
B
B
SPGI
SPGI
Q1 26
Q4 25
1.54×
Q3 25
1.28×
Q2 25
1.06×
1.35×
Q1 25
0.87×
Q4 24
1.98×
Q3 24
1.49×
Q2 24
1.83×
1.54×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

B
B

Segment breakdown not available.

SPGI
SPGI

Ratings$1.3B31%
Market Intelligence$1.3B31%
Energy$652.0M16%
Indices$519.0M12%
Mobility$454.0M11%

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