vs

Side-by-side financial comparison of Roper Technologies (ROP) 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 $2.1B, roughly 2.0× Roper Technologies). S&P Global runs the higher net margin — 36.1% vs 15.8%, a 20.3% gap on every dollar of revenue. On growth, Roper Technologies posted the faster year-over-year revenue change (11.3% vs 10.0%). S&P Global produced more free cash flow last quarter ($919.0M vs $507.0M). Over the past eight quarters, Roper Technologies's revenue compounded faster (10.5% CAGR vs 8.4%).

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".

ROP vs SPGI — Head-to-Head

Bigger by revenue
SPGI
SPGI
2.0× larger
SPGI
$4.2B
$2.1B
ROP
Growing faster (revenue YoY)
ROP
ROP
+1.3% gap
ROP
11.3%
10.0%
SPGI
Higher net margin
SPGI
SPGI
20.3% more per $
SPGI
36.1%
15.8%
ROP
More free cash flow
SPGI
SPGI
$412.0M more FCF
SPGI
$919.0M
$507.0M
ROP
Faster 2-yr revenue CAGR
ROP
ROP
Annualised
ROP
10.5%
8.4%
SPGI

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ROP
ROP
SPGI
SPGI
Revenue
$2.1B
$4.2B
Net Profit
$331.0M
$1.5B
Gross Margin
69.4%
Operating Margin
27.2%
48.0%
Net Margin
15.8%
36.1%
Revenue YoY
11.3%
10.0%
Net Profit YoY
53.7%
28.0%
EPS (diluted)
$4.87
$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
ROP
ROP
SPGI
SPGI
Q1 26
$2.1B
$4.2B
Q4 25
$2.1B
$3.9B
Q3 25
$2.0B
$3.9B
Q2 25
$1.9B
$3.8B
Q1 25
$1.9B
$3.8B
Q4 24
$1.9B
$3.6B
Q3 24
$1.8B
$3.6B
Q2 24
$1.7B
$3.5B
Net Profit
ROP
ROP
SPGI
SPGI
Q1 26
$331.0M
$1.5B
Q4 25
$428.4M
$1.1B
Q3 25
$398.5M
$1.2B
Q2 25
$378.3M
$1.1B
Q1 25
$331.1M
$1.1B
Q4 24
$462.3M
$879.0M
Q3 24
$367.9M
$971.0M
Q2 24
$337.1M
$1.0B
Gross Margin
ROP
ROP
SPGI
SPGI
Q1 26
69.4%
Q4 25
69.5%
70.1%
Q3 25
69.5%
71.2%
Q2 25
69.2%
70.2%
Q1 25
68.7%
69.5%
Q4 24
68.3%
69.8%
Q3 24
69.2%
70.0%
Q2 24
69.5%
69.4%
Operating Margin
ROP
ROP
SPGI
SPGI
Q1 26
27.2%
48.0%
Q4 25
28.6%
42.7%
Q3 25
28.4%
43.1%
Q2 25
28.2%
41.3%
Q1 25
27.9%
41.8%
Q4 24
28.0%
36.4%
Q3 24
28.1%
40.1%
Q2 24
28.8%
40.9%
Net Margin
ROP
ROP
SPGI
SPGI
Q1 26
15.8%
36.1%
Q4 25
20.8%
28.9%
Q3 25
19.8%
30.2%
Q2 25
19.5%
28.5%
Q1 25
17.6%
28.9%
Q4 24
24.6%
24.5%
Q3 24
20.8%
27.2%
Q2 24
19.6%
28.5%
EPS (diluted)
ROP
ROP
SPGI
SPGI
Q1 26
$4.87
$4.69
Q4 25
$3.97
$3.76
Q3 25
$3.68
$3.86
Q2 25
$3.49
$3.50
Q1 25
$3.06
$3.54
Q4 24
$4.29
$2.85
Q3 24
$3.40
$3.11
Q2 24
$3.12
$3.23

Balance Sheet & Financial Strength

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

Metric
ROP
ROP
SPGI
SPGI
Cash + ST InvestmentsLiquidity on hand
$382.9M
Total DebtLower is stronger
$9.7B
$13.3B
Stockholders' EquityBook value
$18.8B
$31.3B
Total Assets
$34.6B
$60.8B
Debt / EquityLower = less leverage
0.52×
0.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ROP
ROP
SPGI
SPGI
Q1 26
$382.9M
Q4 25
$297.4M
$1.8B
Q3 25
$320.0M
$1.7B
Q2 25
$242.4M
$1.8B
Q1 25
$372.8M
$1.5B
Q4 24
$188.2M
$1.7B
Q3 24
$269.6M
$1.7B
Q2 24
$251.5M
$2.0B
Total Debt
ROP
ROP
SPGI
SPGI
Q1 26
$9.7B
$13.3B
Q4 25
$9.3B
$13.1B
Q3 25
$11.4B
Q2 25
$11.4B
Q1 25
$11.4B
Q4 24
$7.6B
$11.4B
Q3 24
$11.4B
Q2 24
$11.4B
Stockholders' Equity
ROP
ROP
SPGI
SPGI
Q1 26
$18.8B
$31.3B
Q4 25
$19.9B
$31.1B
Q3 25
$20.0B
$33.1B
Q2 25
$19.6B
$33.4B
Q1 25
$19.2B
$33.4B
Q4 24
$18.9B
$33.2B
Q3 24
$18.5B
$34.0B
Q2 24
$18.1B
$34.9B
Total Assets
ROP
ROP
SPGI
SPGI
Q1 26
$34.6B
$60.8B
Q4 25
$34.6B
$61.2B
Q3 25
$34.6B
$59.7B
Q2 25
$33.2B
$60.4B
Q1 25
$31.4B
$59.9B
Q4 24
$31.3B
$60.2B
Q3 24
$31.6B
$60.4B
Q2 24
$29.8B
$61.0B
Debt / Equity
ROP
ROP
SPGI
SPGI
Q1 26
0.52×
0.43×
Q4 25
0.47×
0.42×
Q3 25
0.34×
Q2 25
0.34×
Q1 25
0.34×
Q4 24
0.40×
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
ROP
ROP
SPGI
SPGI
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$507.0M
$919.0M
FCF MarginFCF / Revenue
24.2%
22.0%
Capex IntensityCapex / Revenue
0.5%
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
ROP
ROP
SPGI
SPGI
Q1 26
Q4 25
$738.0M
$1.7B
Q3 25
$869.5M
$1.5B
Q2 25
$404.1M
$1.4B
Q1 25
$528.7M
$953.0M
Q4 24
$722.2M
$1.7B
Q3 24
$755.4M
$1.4B
Q2 24
$384.1M
$1.6B
Free Cash Flow
ROP
ROP
SPGI
SPGI
Q1 26
$507.0M
$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
ROP
ROP
SPGI
SPGI
Q1 26
24.2%
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
ROP
ROP
SPGI
SPGI
Q1 26
0.5%
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
ROP
ROP
SPGI
SPGI
Q1 26
Q4 25
1.72×
1.54×
Q3 25
2.18×
1.28×
Q2 25
1.07×
1.35×
Q1 25
1.60×
0.87×
Q4 24
1.56×
1.98×
Q3 24
2.05×
1.49×
Q2 24
1.14×
1.54×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ROP
ROP

Segment breakdown not available.

SPGI
SPGI

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

Related Comparisons