S&P Global (SPGI) FCF Payout Ratio (2009 - 2026)

S&P Global (SPGI) reported FCF Payout Ratio of 0.29 for Q1 2026, down 12.04% on a YoY basis from 0.32 in Q1 2025, and up 75.84% quarter-over-quarter from 0.16 in Q4 2025.

S&P Global (SPGI) FCF Payout Ratio (2009 - 2026) Analysis & Trends

S&P Global has reported FCF Payout Ratio for 18 years, with the latest figure at 0.29 in Q1 2026.

  • For the quarter ending Q1 2026, FCF Payout Ratio fell 12.04% year-over-year to 0.29; the trailing twelve-month figure through Mar 2026 stood at 0.21 (up 1.57% YoY), and the FY2025 full-year result was 0.21, up 5.24% from the prior year.
  • FCF Payout Ratio for Q1 2026 stood at 0.29, up from 0.16 in the prior quarter.
  • The five-year high for FCF Payout Ratio was 0.78 in Q4 2022, with the low at 0.09 in Q3 2022.
  • Historically, FCF Payout Ratio has averaged 0.28 across 5 years, with a median of 0.22 in 2025.
  • Annual changes were most pronounced in 2022 — FCF Payout Ratio slumped 80.44% — and 2023, when it soared 310.32%.
  • S&P Global's FCF Payout Ratio stood at 0.78 in 2022, then plunged by 70.14% to 0.23 in 2023, then plunged by 32.75% to 0.16 in 2024, then rose by 4.06% to 0.16 in 2025, then jumped by 75.84% to 0.29 in 2026.
  • The last three FCF Payout Ratio figures came in at 0.29 (Q1 2026), 0.16 (Q4 2025), and 0.2 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 S&P Global 122.27 Bn 125.38 Bn 2.94 Bn 0.29
2 Cme 88.49 Bn 88.49 Bn 1.83 Bn 2.18
3 Moodys 79.74 Bn 78.38 Bn 1.55 Bn 0.22
4 Intercontinental Exchange 76.18 Bn 74.71 Bn - 0.24
5 Nasdaq 46.59 Bn 45.91 Bn 1.41 Bn 0.24
6 Coinbase Global 43.23 Bn 42.70 Bn 1.33 Bn -
7 Msci 42.63 Bn 42.25 Bn 765.10 Mn 0.53
8 Cboe Global Markets 26.37 Bn 24.20 Bn 728.90 Mn 0.04
9 TransUnion 12.50 Bn 11.93 Bn 726.20 Mn 1.32
10 Factset Research Systems 8.21 Bn 7.92 Bn 314.28 Mn 0.22

Historic Data

Download Data
DateValue
Mar 31, 2026 0.29
Dec 31, 2025 0.16
Sep 30, 2025 0.20
Jun 30, 2025 0.22
Mar 31, 2025 0.32
Dec 31, 2024 0.16
Sep 30, 2024 0.20
Jun 30, 2024 0.19
Mar 31, 2024 0.31
Dec 31, 2023 0.23
Sep 30, 2023 0.29
Jun 30, 2023 0.68
Mar 31, 2023 0.14
Dec 31, 2022 0.78
Sep 30, 2022 0.09
Jun 30, 2022 0.17
Mar 31, 2022 0.27
Dec 31, 2021 0.20
Sep 30, 2021 0.46
Jun 30, 2021 0.05