SPGI vs. IR

Last updated Jul 21, 2026

SPGI (S&P Global Inc.) and IR (Ingersoll-Rand Plc) are both stocks. SPGI operates in Financial Data & Stock Exchanges (Financial Services), while IR operates in Specialty Industrial Machinery (Industrials). Over the past 5 years, SPGI returned 3.46%/yr vs 10.64%/yr for IR. At a 0.39 correlation, their price movements are largely independent.

Performance

SPGI vs. IR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in S&P Global Inc. (SPGI) and Ingersoll-Rand Plc (IR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SPGI achieves a -8.87% return, which is significantly lower than IR's 1.26% return.

SPGI

• 1D: -0.55%
• 1M: 15.35%
• 6M: -12.84%
• YTD: -8.87%
• 1Y: -8.85%
• 3Y*: 4.69%
• 5Y*: 3.46%
• 10Y*: 16.05%
• ALL TIME*: 13.43%

IR

• 1D: -2.50%
• 1M: 2.91%
• 6M: -9.01%
• YTD: 1.26%
• 1Y: -6.18%
• 3Y*: 7.21%
• 5Y*: 10.64%
• 10Y*: —
• ALL TIME*: 16.53%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SPGI vs. IR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SPGI S&P Global Inc.	-8.87%	5.71%	13.94%	32.79%	-28.38%	44.68%	21.40%	62.27%	1.37%	24.36%
IR Ingersoll-Rand Plc	1.26%	-12.34%	17.06%	48.21%	-15.41%	35.85%	24.21%	92.80%	-39.73%	59.67%

Correlation

The correlation between SPGI and IR is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (5Y) Calculated over the trailing 5-year period	0.46
Correlation (All Time) Calculated using the full available price history since May 12, 2017	0.39

The correlation between SPGI and IR shifts across timeframes, from 0.23 (1 year) to 0.46 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap SPGI : $132.71B IR : $31.38B
EPS SPGI : $15.85 IR : $2.21
PE Ratio SPGI : 28.29 IR : 36.26
PEG Ratio SPGI : 3.70 IR : 8.62
PS Ratio SPGI : 8.59 IR : 2.74
Total Revenue (TTM) SPGI : $15.73B IR : $7.78B
Gross Profit (TTM) SPGI : $8.15B IR : $2.98B
EBITDA (TTM) SPGI : $7.83B IR : $1.55B

Return for Risk

SPGI vs. IR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SPGI

SPGI Risk / Return Rank: 32
SPGI Sharpe Ratio Rank: 32
SPGI Sortino Ratio Rank: 29
SPGI Omega Ratio Rank: 29
SPGI Calmar Ratio Rank: 35
SPGI Martin Ratio Rank: 36

IR

IR Risk / Return Rank: 36
IR Sharpe Ratio Rank: 38
IR Sortino Ratio Rank: 34
IR Omega Ratio Rank: 34
IR Calmar Ratio Rank: 39
IR Martin Ratio Rank: 38

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SPGI vs. IR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for S&P Global Inc. (SPGI) and Ingersoll-Rand Plc (IR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SPGI	IR	Difference
Sharpe ratio: Return per unit of total volatility	-0.30	-0.18	-0.12
Sortino ratio: Return per unit of downside risk	-0.20	-0.01	-0.19
Omega ratio: Gain probability vs. loss probability	0.97	1.00	-0.03
Calmar ratio: Return relative to maximum drawdown	-0.29	-0.20	-0.09
Martin ratio: Return relative to average drawdown	-0.51	-0.43	-0.08

SPGI vs. IR - Sharpe Ratio Comparison

The current SPGI Sharpe Ratio is -0.30, which is lower than the IR Sharpe Ratio of -0.18. The chart below compares the historical Sharpe Ratios of SPGI and IR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SPGI vs. IR - Drawdown Comparison

The maximum SPGI drawdown since its inception was -74.67%, which is greater than IR's maximum drawdown of -50.27%. Use the drawdown chart below to compare losses from any high point for SPGI and IR.

Drawdown Indicators

	SPGI	IR	Difference
Max Drawdown Largest peak-to-trough decline	-74.67%	-50.27%	-24.40%
Max Drawdown (1Y) Largest decline over 1 year	-30.48%	-30.56%	+0.08%
Max Drawdown (3Y) Largest decline over 3 years	-30.48%	-36.62%	+6.14%
Max Drawdown (5Y) Largest decline over 5 years	-39.76%	-36.62%	-3.14%
Max Drawdown (10Y) Largest decline over 10 years	-39.76%	—	—
Current Drawdown Current decline from peak	-15.27%	-23.78%	+8.51%
Average Drawdown Average peak-to-trough decline	-15.25%	-12.95%	-2.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.44%	14.54%	+2.90%

Volatility

SPGI vs. IR - Volatility Comparison

S&P Global Inc. (SPGI) has a higher volatility of 11.70% compared to Ingersoll-Rand Plc (IR) at 10.80%. This indicates that SPGI's price experiences larger fluctuations and is considered to be riskier than IR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPGI	IR	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.70%	10.80%	+0.90%
Volatility (6M) Calculated over the trailing 6-month period	26.55%	26.83%	-0.28%
Volatility (1Y) Calculated over the trailing 1-year period	30.16%	34.79%	-4.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.06%	30.26%	-5.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.15%	34.40%	-8.25%

Dividends

SPGI vs. IR - Dividend Comparison

SPGI's dividend yield for the trailing twelve months is around 5.78%, more than IR's 0.10% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IR Ingersoll-Rand Plc	0.10%	0.10%	0.09%	0.10%	0.15%	0.03%	0.00%	5.78%	0.00%	0.00%	0.00%	0.00%
SPGI S&P Global Inc.	5.78%	0.73%	0.73%	0.82%	0.99%	0.65%	0.82%	0.84%	1.18%	0.97%	1.34%	1.34%

Financials

SPGI vs. IR - Profitability Comparison

The chart below illustrates the profitability comparison between S&P Global Inc. and Ingersoll-Rand Plc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Portfolio components

SPGI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, S&P Global Inc. reported a gross profit of 0.00 and revenue of 4.17B. Therefore, the gross margin over that period was 0.0%.

IR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Ingersoll-Rand Plc reported a gross profit of 792.40M and revenue of 1.85B. Therefore, the gross margin over that period was 42.9%.

SPGI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, S&P Global Inc. reported an operating income of 2.00B and revenue of 4.17B, resulting in an operating margin of 48.0%.

IR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Ingersoll-Rand Plc reported an operating income of 289.70M and revenue of 1.85B, resulting in an operating margin of 15.7%.

SPGI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, S&P Global Inc. reported a net income of 1.40B and revenue of 4.17B, resulting in a net margin of 33.5%.

IR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Ingersoll-Rand Plc reported a net income of 192.10M and revenue of 1.85B, resulting in a net margin of 10.4%.

Frequently Asked Questions

Can I hold both SPGI and IR in my portfolio?

SPGI and IR have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SPGI or IR?

SPGI has higher volatility (11.70%) compared to IR (10.80%). In terms of maximum drawdown, SPGI dropped -74.67% vs IR's -50.27%.

Which has better risk-adjusted returns?

IR currently has the higher Sharpe Ratio (-0.18 vs -0.29), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.