HOOD
Robinhood Markets, Inc.
HOOD offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
SPGI
S&P Global Inc.
SPGI has the edge over HOOD overall, supported by lower modeled downside and stronger fundamentals.
HOOD Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| N/A | |
| N/A |
HOOD's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like HOOD.
SPGI Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
SPGI's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like SPGI.
HOOD PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 30x | $81.35 | — |
| Cheap | 37x | $78.84 | -3.1% |
| Current | 38x | $81.35 | — |
| Fair | 51x | $110 | +35% |
| Expensive | 74x | $160 | +96% |
Historical ranges are pointers, not guarantees.
HOOD's PE is in its cheap range at 38x. If earnings grow as analysts expect, today's price would be 30x next year's earnings.
SPGI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 24x | $469 | — |
| Cheap | 28x | $474 | +1.2% |
| Current | 28x | $469 | — |
| Fair | 36x | $613 | +31% |
| Expensive | 48x | $807 | +72% |
Historical ranges are pointers, not guarantees.
SPGI has the edge over HOOD in the historical PE scenario, which offers more potential upside but is not a forecast.
HOOD Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Low |
HOOD has the edge over SPGI on the outlook, with more favorable revenue expectations.
SPGI Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Stable | |
| Strongly improving | |
| Moderate | |
| Moderate |
Analysts expect SPGI's earnings to grow and its profitability to improve, with its revenue holding steady.
HOOD Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.72 | +26% |
| Q3 2026 | $2.16 | -10% |
| Q2 2026 | $2.26 | +15% |
| Q1 2026 | $2.06 | +18% |
| Q4 2025 | $2.05 | +31% |
| Q3 2025 | $2.40 | +314% |
| Q2 2025 | $1.96 | +513% |
| Q1 2025 | $1.75 | +1150% |
| Q4 2024 | $1.56 | +$2.17 |
HOOD earned $2.16 per share over the past year, down 10% from the year before.
SPGI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $19.42 | +15% |
| Q3 2026 | $16.82 | +22% |
| Q2 2026 | $16.43 | +26% |
| Q1 2026 | $15.81 | +24% |
| Q4 2025 | $14.66 | +19% |
| Q3 2025 | $13.75 | +21% |
| Q2 2025 | $13.00 | +23% |
| Q1 2025 | $12.73 | +43% |
| Q4 2024 | $12.35 | +50% |
SPGI has the edge over HOOD on earnings, with more consistent year-over-year improvement.
HOOD Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.4B | +12% |
| Q2 2026 | $1.3B | +32% |
| Q1 2026 | $1.1B | +15% |
| Q4 2025 | $1.3B | +27% |
| Q3 2025 | $1.3B | +100% |
| Q2 2025 | $989M | +45% |
| Q1 2025 | $927M | +50% |
| Q4 2024 | $1B | +115% |
HOOD has the edge over SPGI on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 44% | -5.9 points |
| Q2 2026 | 54% | +9.5 points |
| Q1 2026 | 39% | -1.5 points |
| Q4 2025 | 52% | -3.5 points |
| Q3 2025 | 50% | +26 points |
| Q2 2025 | 45% | +17 points |
| Q1 2025 | 40% | +14 points |
| Q4 2024 | 55% | +49 points |
HOOD's operating margin was 44% last quarter, down 5.9 points from the same quarter a year ago.
SPGI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $3.7B | -5.4% |
| Q2 2026 | $4.1B | +10% |
| Q1 2026 | $4.2B | +10% |
| Q4 2025 | $3.9B | +9% |
| Q3 2025 | $3.9B | +8.8% |
| Q2 2025 | $3.8B | +5.8% |
| Q1 2025 | $3.8B | +8.2% |
| Q4 2024 | $3.6B | +14% |
SPGI's revenue is growing: $3.7B last quarter, down 5.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 53% | +10 points |
| Q2 2026 | 44% | +2.4 points |
| Q1 2026 | 48% | +6.2 points |
| Q4 2025 | 43% | +6.3 points |
| Q3 2025 | 43% | +3 points |
| Q2 2025 | 41% | +0.4 points |
| Q1 2025 | 42% | +2.1 points |
| Q4 2024 | 36% | +8.2 points |
SPGI has the edge over HOOD on profitability, with a higher operating margin.
HOOD Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.2B | +$2.8B |
| Q2 2026 | $720M | -79% |
| Q1 2026 | $2B | +217% |
| Q4 2025 | -$937M | +$463M |
| Q3 2025 | -$1.6B | -187% |
| Q2 2025 | $3.5B | +6398% |
| Q1 2025 | $642M | +$1.3B |
| Q4 2024 | -$1.4B | -246% |
HOOD has the edge over SPGI on cash flow, with more consistent year-over-year improvement.
SPGI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.2B | -21% |
| Q2 2026 | $1.4B | +1.2% |
| Q1 2026 | $1B | +11% |
| Q4 2025 | $1.7B | -0.3% |
| Q3 2025 | $1.5B | +3.5% |
| Q2 2025 | $1.4B | -9.2% |
| Q1 2025 | $910M | -1.5% |
| Q4 2024 | $1.7B | +33% |
SPGI's free cash flow was $5.3B over the past year, down 3.5% from the year before. Free cash flow isn't a meaningful measure for financial services companies like SPGI.
HOOD Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -1M shares |
| 1 year | -0.8% | -6.9M shares |
| 3 years | +1.8% | +15.9M shares |
| 5 years | +292% | +679M shares |
| Available history | +7.2% | +60.8M shares |
HOOD has 911M diluted shares, down 0.8% from a year ago, with $789M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $25M |
| Q2 2026 | $414M |
| Q1 2026 | $250M |
| Q4 2025 | $100M |
| Q3 2025 | $107M |
| Q2 2025 | $124M |
| Q1 2025 | $322M |
| Q4 2024 | $160M |
HOOD spent $789M buying back its own shares over the past year, up 11% from the year before.
SPGI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.3% | -3.9M shares |
| 1 year | -4.2% | -12.9M shares |
| 3 years | -8.3% | -26.4M shares |
| 5 years | +21% | +49.9M shares |
| Available history | +18% | +44.7M shares |
SPGI has the edge over HOOD on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $2.6B |
| Q2 2026 | $500M |
| Q1 2026 | $1B |
| Q4 2025 | $2.5B |
| Q3 2025 | $1.2B |
| Q2 2025 | $651M |
| Q1 2025 | $650M |
| Q4 2024 | $1.3B |
SPGI spent $6.6B buying back its own shares over the past year, up 74% from the year before.
HOOD Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.3x | Net Cash |
| Q2 2026 | -2.1x | Net Cash |
| Q1 2026 | -2.2x | Net Cash |
| Q4 2025 | -1.9x | Net Cash |
| Q3 2025 | -2.1x | Net Cash |
| Q2 2025 | -2.6x | Net Cash |
| Q1 2025 | -3.3x | Net Cash |
| Q4 2024 | -3.8x | Net Cash |
HOOD has the edge over SPGI on leverage, with a lower net debt burden relative to earnings.
SPGI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.2x | Healthy |
| Q2 2026 | 1.3x | Healthy |
| Q1 2026 | 1.4x | Healthy |
| Q4 2025 | 1.5x | Healthy |
| Q3 2025 | 1.3x | Healthy |
| Q2 2025 | 1.4x | Healthy |
| Q1 2025 | 1.4x | Healthy |
| Q4 2024 | 1.4x | Healthy |
SPGI's net debt is about 1.2 years of its operating earnings (EBITDA), about the same as a year ago. Net leverage isn't a meaningful measure for financial services companies like SPGI.
HOOD Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.8 | Neutral |
| Stochastic | 9.5 | Oversold |
HOOD's weekly RSI is 41 (neutral) and its Stochastic is 10 (oversold).
SPGI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 59.9 | Neutral |
| Stochastic | 85.6 | Overbought |
SPGI's weekly RSI is 60 (neutral) and its Stochastic is 86 (overbought).
HOOD PE vs Financial Services Sector
| Metric | HOOD | Sector median | Relative |
|---|---|---|---|
| PE | 38x | 13x | 189% above |
| PE % | 22 | 66 | 44 pts below |
HOOD is trading at 38x earnings, a 189% premium to the Financial Services sector's median of 13x.
SPGI PE vs Financial Services Sector
| Metric | SPGI | Sector median | Relative |
|---|---|---|---|
| PE | 28x | 13x | 114% above |
| PE % | 15 | 63 | 48 pts below |
SPGI has the edge over HOOD on valuation relative to its sector.
HOOD Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $97.8 | 17% below |
| 20 week MA | $102.2 | 20% below |
| 50 week MA | $95.4 | 15% below |
| 100 week MA | $88.5 | 8.1% below |
| 200 week MA | $52.1 | 56% above |
HOOD has fallen below most of its moving averages, though it's still 56% above its 200-week average.
SPGI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $435.0 | 7.7% above |
| 20 week MA | $430.0 | 9% above |
| 50 week MA | $442.2 | 6% above |
| 100 week MA | $475.5 | 1.5% below |
| 200 week MA | $448.6 | 4.4% above |
SPGI has the edge over HOOD on trend strength, trading above more of its moving averages.
HOOD Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $35.2 | $18.9 | -46% |
| 2022 | $18.9 | $7.95 | -58% |
| 2023 | $7.95 | $12.7 | +60% |
| 2024 | $12.7 | $39.0 | +206% |
| 2025 | $39.0 | $118.1 | +203% |
| 2026 YTD | $118.1 | $81.4 | -31% |
HOOD's yearly returns have swung widely, from +206% in 2024 to −58% in 2022. It's down 31% so far in 2026.
SPGI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $274.3 | $316.6 | +15% |
| 2021 | $316.6 | $473.7 | +50% |
| 2022 | $473.7 | $332.9 | -30% |
| 2023 | $332.9 | $440.5 | +32% |
| 2024 | $440.5 | $501.8 | +14% |
| 2025 | $501.8 | $529.5 | +5.5% |
| 2026 YTD | $529.5 | $468.5 | -12% |
SPGI has the edge over HOOD on returns for 2026, with the stronger performance.