Growth Metrics

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

S&P Global posted quarterly FCF Payout Ratio of 0.29 for Q1 2026, down 12.04% year-on-year from 0.32 in Q1 2025, and up 75.84% on a QoQ basis from 0.16 in Q4 2025.

S&P Global (SPGI) has 18 years of FCF Payout Ratio data on file, last reported 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.
  • Across five years, FCF Payout Ratio topped out at 0.78 in Q4 2022 and bottomed at 0.09 in Q3 2022.
  • The 5-year median for FCF Payout Ratio is 0.22 (2025), against an average of 0.28.
  • The widest annual swing landed in 2022, when FCF Payout Ratio plunged 80.44%; it then soared 310.32% in 2023.
  • A 5-year view of FCF Payout Ratio shows it stood at 0.78 in 2022, then tumbled by 70.14% to 0.23 in 2023, then tumbled by 32.75% to 0.16 in 2024, then gained by 4.06% to 0.16 in 2025, then surged 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 126.06 Bn 129.16 Bn 2.94 Bn 0.29
2 Cme 98.29 Bn 98.29 Bn 1.83 Bn 2.18
3 Intercontinental Exchange 83.83 Bn 82.37 Bn - 0.24
4 Moodys 80.13 Bn 78.77 Bn 1.55 Bn 0.22
5 Nasdaq 52.44 Bn 51.76 Bn 1.41 Bn 0.24
6 Coinbase Global 50.05 Bn 49.52 Bn 1.33 Bn -
7 Msci 46.28 Bn 45.89 Bn 765.10 Mn 0.53
8 Cboe Global Markets 34.92 Bn 32.75 Bn 728.90 Mn 0.04
9 TransUnion 13.79 Bn 13.22 Bn 726.20 Mn 1.32
10 Factset Research Systems 9.06 Bn 8.78 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
Mar 31, 2021 0.09
Dec 31, 2020 -0.26
Sep 30, 2020 0.50
Jun 30, 2020 -0.07
Mar 31, 2020 0.24
Dec 31, 2019 0.48
Sep 30, 2019 -0.25
Jun 30, 2019 0.38
Mar 31, 2019 0.07
Dec 31, 2018 0.61
Sep 30, 2018 -0.29
Jun 30, 2018 0.45
Mar 31, 2018 0.06
Dec 31, 2017 -0.27
Sep 30, 2017 0.52
Jun 30, 2017 0.10
Mar 31, 2017 0.07
Dec 31, 2016 -0.67
Sep 30, 2016 0.39
Jun 30, 2016 -0.09
Mar 31, 2016 0.57
Dec 31, 2015 0.46
Sep 30, 2015 0.04
Jun 30, 2015 0.04
Mar 31, 2015 -0.02
Dec 31, 2014 0.23
Sep 30, 2014 0.23
Jun 30, 2014 0.47
Mar 31, 2014 0.16
Dec 31, 2013 0.31
Sep 30, 2013 0.32
Jun 30, 2013 0.31
Mar 31, 2013 -1.14
Dec 31, 2012 0.15
Sep 30, 2012 -0.40
Jun 30, 2012 0.87
Dec 31, 2011 -0.09
Sep 30, 2011 -0.21
Jun 30, 2011 0.58
Dec 31, 2010 -0.74
Sep 30, 2010 -0.20
Jun 30, 2010 0.64
Mar 31, 2010 0.04
Dec 31, 2009 0.20
Sep 30, 2009 0.34
Jun 30, 2009 -0.31
Mar 31, 2009 1.08