S&P Global (SPGI) FCF Payout Ratio (2009 - 2026)
S&P Global's FCF Payout Ratio came in at 0.20 for Q2 2026, down 3.6% from 0.21 a year earlier and down 28.2% from the prior quarter.
S&P Global (SPGI) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, S&P Global reported FCF Payout Ratio of 0.21, down 2.5% year-over-year; for FY2025, it came in at 0.21, up 5.2% from FY2024.
- Going back by year, FCF Payout Ratio was 0.20 in FY2024 (-36.6%), 0.32 in FY2023 (-21.1%), 0.41 in FY2022 (+95.3%) and 0.21 in FY2021 (+12.9%).
- The five-year range for quarterly FCF Payout Ratio is 0.16 (Q4 2024) to 0.90 (Q1 2022).
- Year-over-year, FCF Payout Ratio increased in three of the last eight quarters, with an average decline of 6.4%.
- The fastest year-over-year change in FCF Payout Ratio over five years came in Q1 2022 (growth of 264.1%), and the weakest in Q2 2024 (a decline of 51.9%).
- Business Quant data shows SPGI's FCF Payout Ratio at 0.29 (Q1 2026), 0.17 (Q4 2025) and 0.20 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 136.14 Bn | 125.99 Bn | 2.64 Bn | 0.24 |
| 2 | Moodys | 87.37 Bn | 80.29 Bn | 1.50 Bn | 0.27 |
| 3 | Msci | 46.53 Bn | 45.01 Bn | 739.80 Mn | 0.35 |
| 4 | Verisk Analytics | 25.76 Bn | 20.40 Bn | 572.90 Mn | - |
| 5 | Equifax | 21.57 Bn | 20.84 Bn | 940.10 Mn | 0.15 |
| 6 | TransUnion | 15.42 Bn | 12.11 Bn | - | 0.07 |
| 7 | Factset Research Systems | 11.51 Bn | 10.36 Bn | 308.40 Mn | - |
| 8 | Morningstar | 9.02 Bn | 6.91 Bn | 431.40 Mn | - |
| 9 | Mastercard | 571.76 Bn | 531.85 Bn | - | - |
| 10 | Cme | 109.34 Bn | 97.67 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.24 |
| Jun 30, 2026 | 0.20 |
| Mar 31, 2026 | 0.29 |
| Dec 31, 2025 | 0.13 |
| Sep 30, 2025 | 0.33 |
| Jun 30, 2025 | 0.21 |
| 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 | 0.22 |
| Sep 30, 2023 | 0.29 |
| Jun 30, 2023 | 0.39 |
| Mar 31, 2023 | 0.51 |
| Dec 31, 2022 | 0.25 |
| Sep 30, 2022 | 0.35 |
| Jun 30, 2022 | 0.67 |
| Mar 31, 2022 | 0.90 |
| Dec 31, 2021 | 0.20 |
S&P Global FCF Payout Ratio 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=fcf-payout-ratio&ticker=SPGI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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=fcf-payout-ratio&ticker=SPGI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();