S&P Global (SPGI) Cash from Operations (2009 - 2026)
S&P Global (SPGI) posted Cash from Operations of $1.44 billion for Q2 2026, down 0.4% from $1.45 billion a year earlier but up 38.8% from the prior quarter.
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Analysis
S&P Global (SPGI) Cash from Operations (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Cash from Operations at S&P Global was $5.73 billion, up 2.6% year-over-year; for FY2025, it was $5.65 billion, down 0.7% from FY2024.
- Annual Cash from Operations shows a five-year compound annual growth rate of 9.6% (FY2020 to FY2025).
- In prior years, S&P Global's Cash from Operations was $5.69 billion in FY2024 (+53.3%), $3.71 billion in FY2023 (+42.5%), $2.6 billion in FY2022 (-27.7%) and $3.6 billion in FY2021 (+0.9%).
- Quarterly Cash from Operations has run from a low of $222 million in Q1 2022 to a high of $1.75 billion in Q4 2025 over five years.
- On a year-over-year basis, Cash from Operations increased in six of the last eight quarters, with growth averaging 9.9%.
- The strongest year-over-year quarter for Cash from Operations in the past five years was Q1 2023, with growth of 167.6%; the weakest was Q1 2022, with a decline of 71.1%.
- According to Business Quant data, Cash from Operations for the three prior quarters was $1.04 billion (Q1 2026), $1.75 billion (Q4 2025) and $1.51 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 116.38 Bn | 111.98 Bn | 2.98 Bn | 1.44 Bn |
| 2 | Moodys | 78.67 Bn | 71.10 Bn | 1.67 Bn | 779.00 Mn |
| 3 | Msci | 39.16 Bn | 37.50 Bn | 717.10 Mn | 370.80 Mn |
| 4 | Verisk Analytics | 21.84 Bn | 16.48 Bn | 572.90 Mn | 366.00 Mn |
| 5 | Equifax | 16.14 Bn | 15.54 Bn | 926.40 Mn | 339.80 Mn |
| 6 | TransUnion | 11.72 Bn | 8.70 Bn | - | 374.90 Mn |
| 7 | Factset Research Systems | 9.66 Bn | 8.43 Bn | 310.73 Mn | 284.52 Mn |
| 8 | Morningstar | 7.13 Bn | 5.03 Bn | 423.90 Mn | 155.70 Mn |
| 9 | Mastercard | 480.27 Bn | 440.19 Bn | - | 3.77 Bn |
| 10 | Cme | 94.12 Bn | 94.12 Bn | - | 947.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.44 Bn |
| Mar 31, 2026 | 1.04 Bn |
| Dec 31, 2025 | 1.75 Bn |
| Sep 30, 2025 | 1.51 Bn |
| Jun 30, 2025 | 1.45 Bn |
| Mar 31, 2025 | 953.00 Mn |
| Dec 31, 2024 | 1.74 Bn |
| Sep 30, 2024 | 1.45 Bn |
| Jun 30, 2024 | 1.56 Bn |
| Mar 31, 2024 | 948.00 Mn |
| Dec 31, 2023 | 1.33 Bn |
| Sep 30, 2023 | 1.01 Bn |
| Jun 30, 2023 | 769.00 Mn |
| Mar 31, 2023 | 594.00 Mn |
| Dec 31, 2022 | 1.11 Bn |
| Sep 30, 2022 | 814.00 Mn |
| Jun 30, 2022 | 454.00 Mn |
| Mar 31, 2022 | 222.00 Mn |
| Dec 31, 2021 | 940.00 Mn |
| Sep 30, 2021 | 967.00 Mn |
API Access
S&P Global Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=SPGI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "SPGI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=SPGI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();