S&P Global (SPGI) EV to FCF (2009 - 2026)
S&P Global's (SPGI) quarterly EV to FCF came in at 86.33 in Q2 2026, down 26.97% on a YoY basis from 118.21 in Q2 2025, and down 32.42% quarter-over-quarter from 127.73 in Q1 2026.
Analysis
S&P Global (SPGI) EV to FCF (2009 - 2026) Analysis & Trends
S&P Global (SPGI) has reported EV to FCF for 18 consecutive years, with 86.33 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to FCF fell 26.97% year-over-year to 86.33; the trailing twelve-month figure through Jun 2026 stood at 21.7 (down 28.22% YoY), and the FY2025 full-year result was 29.2, up 4.29% from the prior year.
- EV to FCF eased to 86.33 in Q2 2026 per SPGI's latest filing, from 127.73 in the prior quarter.
- Across five years, EV to FCF topped out at 543.22 in Q1 2022 and bottomed at 86.33 in Q2 2026.
- Historically, EV to FCF has averaged 154.94 across 5 years, with a median of 119.3 in 2025.
- The sharpest annual moves came in 2022 and 2023: EV to FCF jumped 389.12% in 2022, then slumped 63.38% in 2023.
- Over 5 years, EV to FCF stood at 101.17 in 2022, then climbed by 8.25% to 109.52 in 2023, then retreated by 16.65% to 91.29 in 2024, then rose by 2.54% to 93.61 in 2025, then dropped by 7.78% to 86.33 in 2026.
- According to Business Quant data, EV to FCF over the past three periods registered 86.33, 127.73, and 93.61 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | S&P Global | 130.73 Bn | 131.62 Bn | 2.98 Bn |
| 2 | Moodys | 85.51 Bn | 84.15 Bn | 1.67 Bn |
| 3 | Msci | 41.67 Bn | 41.32 Bn | 717.10 Mn |
| 4 | Verisk Analytics | 24.18 Bn | 23.63 Bn | 572.90 Mn |
| 5 | Factset Research Systems | 10.80 Bn | 10.50 Bn | 310.73 Mn |
| 6 | Morningstar | 7.86 Bn | 7.33 Bn | 423.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 86.33 |
| Mar 31, 2026 | 127.73 |
| Dec 31, 2025 | 93.61 |
| Sep 30, 2025 | 103.05 |
| Jun 30, 2025 | 118.21 |
| Mar 31, 2025 | 174.30 |
| Dec 31, 2024 | 91.29 |
| Sep 30, 2024 | 115.54 |
| Jun 30, 2024 | 92.90 |
| Mar 31, 2024 | 146.63 |
| Dec 31, 2023 | 109.52 |
| Sep 30, 2023 | 120.39 |
| Jun 30, 2023 | 175.49 |
| Mar 31, 2023 | 198.94 |
| Dec 31, 2022 | 101.17 |
| Sep 30, 2022 | 127.68 |
| Jun 30, 2022 | 262.89 |
| Mar 31, 2022 | 543.22 |
| Dec 31, 2021 | 117.97 |
| Sep 30, 2021 | 103.94 |