S&P Global (SPGI) EV to FCF (2009 - 2026)
S&P Global's (SPGI) EV to FCF was 20.54 for Q2 2026, down 28.3% from 28.63 a year earlier and down 6.6% from the prior quarter.
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Analysis
S&P Global (SPGI) EV to FCF (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, S&P Global's EV to FCF came in at 19.59, down 29.3% year-over-year; for FY2025, it came in at 27.65, up 4.3% from FY2024.
- By year, EV to FCF came in at 26.52 in FY2024 (-29.1%), 37.39 in FY2023 (-9.6%), 41.35 in FY2022 (+41.0%) and 29.33 in FY2021 (+39.3%).
- The Q2 2026 figure ranks as the lowest quarterly EV to FCF since Q1 2020.
- Year over year, EV to FCF gained in two of the last eight quarters, with an average decline of 13.8%.
- The high point for year-over-year EV to FCF in five years was Q2 2022 (growth of 64.2%); the low point was Q4 2024 (a decline of 29.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 22.00 (Q1 2026), 27.65 (Q4 2025) and 26.09 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | S&P Global | 116.38 Bn | 111.98 Bn | 2.98 Bn |
| 2 | Moodys | 78.67 Bn | 71.10 Bn | 1.67 Bn |
| 3 | Msci | 39.16 Bn | 37.50 Bn | 717.10 Mn |
| 4 | Verisk Analytics | 21.84 Bn | 16.48 Bn | 572.90 Mn |
| 5 | Equifax | 16.14 Bn | 15.54 Bn | 926.40 Mn |
| 6 | TransUnion | 11.72 Bn | 8.70 Bn | - |
| 7 | Factset Research Systems | 9.66 Bn | 8.43 Bn | 310.73 Mn |
| 8 | Morningstar | 7.13 Bn | 5.03 Bn | 423.90 Mn |
| 9 | Mastercard | 480.27 Bn | 440.19 Bn | - |
| 10 | Cme | 94.12 Bn | 94.12 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.54 |
| Mar 31, 2026 | 22.00 |
| Dec 31, 2025 | 27.65 |
| Sep 30, 2025 | 26.09 |
| Jun 30, 2025 | 28.63 |
| Mar 31, 2025 | 27.06 |
| Dec 31, 2024 | 26.52 |
| Sep 30, 2024 | 29.99 |
| Jun 30, 2024 | 28.45 |
| Mar 31, 2024 | 32.69 |
| Dec 31, 2023 | 37.39 |
| Sep 30, 2023 | 33.09 |
| Jun 30, 2023 | 38.54 |
| Mar 31, 2023 | 37.10 |
| Dec 31, 2022 | 41.35 |
| Sep 30, 2022 | 40.51 |
| Jun 30, 2022 | 42.21 |
| Mar 31, 2022 | 35.05 |
| Dec 31, 2021 | 29.33 |
| Sep 30, 2021 | 25.22 |
API Access
S&P Global EV to FCF 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=ev-to-fcf&ticker=SPGI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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=ev-to-fcf&ticker=SPGI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();