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Side-by-side financial comparison of JinkoSolar Holding Co., Ltd. (JKS) 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 $2.5B, roughly 1.7× JinkoSolar Holding Co., Ltd.). Over the past eight quarters, S&P Global's revenue compounded faster (8.4% CAGR vs -23.1%).

JinkoSolar Holding Co., Ltd. is a solar module manufacturer headquartered in Shanghai, China, and listed on the New York Stock Exchange since 2010. Its subsidiary Jinko Solar Co., Ltd. was listed on the Shanghai Stock Exchange's Science and Technology Innovation Board in 2022.

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".

JKS vs SPGI — Head-to-Head

Bigger by revenue
SPGI
SPGI
1.7× larger
SPGI
$4.2B
$2.5B
JKS
Faster 2-yr revenue CAGR
SPGI
SPGI
Annualised
SPGI
8.4%
-23.1%
JKS

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
JKS
JKS
SPGI
SPGI
Revenue
$2.5B
$4.2B
Net Profit
$1.5B
Gross Margin
0.3%
Operating Margin
48.0%
Net Margin
36.1%
Revenue YoY
10.0%
Net Profit YoY
28.0%
EPS (diluted)
$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
JKS
JKS
SPGI
SPGI
Q2 26
$2.5B
Q1 26
$4.2B
Q4 25
$3.9B
Q3 25
$3.9B
Q2 25
$2.3B
$3.8B
Q1 25
$1.9B
$3.8B
Q4 24
$3.6B
Q3 24
$3.5B
$3.6B
Net Profit
JKS
JKS
SPGI
SPGI
Q2 26
Q1 26
$1.5B
Q4 25
$1.1B
Q3 25
$1.2B
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
$879.0M
Q3 24
$971.0M
Gross Margin
JKS
JKS
SPGI
SPGI
Q2 26
0.3%
Q1 26
Q4 25
70.1%
Q3 25
71.2%
Q2 25
7.3%
70.2%
Q1 25
69.5%
Q4 24
69.8%
Q3 24
15.7%
70.0%
Operating Margin
JKS
JKS
SPGI
SPGI
Q2 26
Q1 26
48.0%
Q4 25
42.7%
Q3 25
43.1%
Q2 25
41.3%
Q1 25
41.8%
Q4 24
36.4%
Q3 24
40.1%
Net Margin
JKS
JKS
SPGI
SPGI
Q2 26
Q1 26
36.1%
Q4 25
28.9%
Q3 25
30.2%
Q2 25
28.5%
Q1 25
28.9%
Q4 24
24.5%
Q3 24
27.2%
EPS (diluted)
JKS
JKS
SPGI
SPGI
Q2 26
Q1 26
$4.69
Q4 25
$3.76
Q3 25
$3.86
Q2 25
$3.50
Q1 25
$3.54
Q4 24
$2.85
Q3 24
$3.11

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
JKS
JKS
SPGI
SPGI
Q2 26
Q1 26
Q4 25
$1.8B
Q3 25
$1.7B
Q2 25
$1.8B
Q1 25
$1.5B
Q4 24
$1.7B
Q3 24
$1.7B
Total Debt
JKS
JKS
SPGI
SPGI
Q2 26
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
Stockholders' Equity
JKS
JKS
SPGI
SPGI
Q2 26
Q1 26
$31.3B
Q4 25
$31.1B
Q3 25
$33.1B
Q2 25
$33.4B
Q1 25
$33.4B
Q4 24
$33.2B
Q3 24
$34.0B
Total Assets
JKS
JKS
SPGI
SPGI
Q2 26
Q1 26
$60.8B
Q4 25
$61.2B
Q3 25
$59.7B
Q2 25
$60.4B
Q1 25
$59.9B
Q4 24
$60.2B
Q3 24
$60.4B
Debt / Equity
JKS
JKS
SPGI
SPGI
Q2 26
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×

Cash Flow & Capital Efficiency

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

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
JKS
JKS
SPGI
SPGI
Q2 26
Q1 26
Q4 25
$1.7B
Q3 25
$1.5B
Q2 25
$1.4B
Q1 25
$953.0M
Q4 24
$1.7B
Q3 24
$1.4B
Free Cash Flow
JKS
JKS
SPGI
SPGI
Q2 26
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
FCF Margin
JKS
JKS
SPGI
SPGI
Q2 26
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%
Capex Intensity
JKS
JKS
SPGI
SPGI
Q2 26
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%
Cash Conversion
JKS
JKS
SPGI
SPGI
Q2 26
Q1 26
Q4 25
1.54×
Q3 25
1.28×
Q2 25
1.35×
Q1 25
0.87×
Q4 24
1.98×
Q3 24
1.49×

Financial Flow Comparison

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

Revenue Breakdown by Segment

JKS
JKS

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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