S&P Global (SPGI) Free Cash Flow (2009 - 2026)

S&P Global (SPGI) posted Free Cash Flow of $1.0 billion for Q1 2026, down 40.66% on a QoQ basis from $1.7 billion in Q4 2025, and up 10.99% year-over-year from $910.0 million in Q1 2025.

S&P Global (SPGI) Free Cash Flow (2009 - 2026) Analysis & Trends

S&P Global's Free Cash Flow history runs 18 years deep, the most recent figure standing at $1.0 billion for Q1 2026.

  • Quarterly Free Cash Flow rose 10.99% year-over-year to $1.0 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $5.6 billion (changed 0.09% YoY) and the FY2025 annual result came in at $5.5 billion, down 1.96% from the prior year.
  • Free Cash Flow was $1.0 billion for Q1 2026 at S&P Global, down from $1.7 billion in the prior quarter.
  • Across five years, Free Cash Flow topped out at $1.7 billion in Q4 2024 and bottomed at $206.0 million in Q1 2022.
  • A 5-year average of $1.1 billion and a median of $1.0 billion in 2026 frame the typical range for Free Cash Flow.
  • Annual changes were most pronounced in 2022 — Free Cash Flow sank 72.53% — and 2023, when it jumped 174.76%.
  • S&P Global's Free Cash Flow stood at $1.1 billion in 2022, then rose by 18.53% to $1.3 billion in 2023, then jumped by 32.74% to $1.7 billion in 2024, then declined by 0.29% to $1.7 billion in 2025, then slumped by 40.66% to $1.0 billion in 2026.
  • Business Quant data shows SPGI's Free Cash Flow at $1.0 billion in Q1 2026, $1.7 billion in Q4 2025, and $1.5 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Bit Origin 1,110.84 Bn 1,110.84 Bn - -
2 S&P Global 130.72 Bn 128.91 Bn 2.94 Bn 1.01 Bn
3 Cme 92.16 Bn 92.16 Bn 1.65 Bn 923.50 Mn
4 Moodys 84.72 Bn 83.22 Bn 1.67 Bn 688.00 Mn
5 Intercontinental Exchange 84.12 Bn 82.38 Bn - 1.21 Bn
6 Nasdaq 53.10 Bn 52.38 Bn 1.50 Bn 634.00 Mn
7 Coinbase Global 44.25 Bn 33.81 Bn 1.33 Bn 182.74 Mn
8 Msci 41.65 Bn 41.29 Bn 717.10 Mn 361.40 Mn
9 Cboe Global Markets 30.13 Bn 27.96 Bn 728.90 Mn 1.94 Bn
10 TransUnion 14.77 Bn 14.04 Bn 726.20 Mn 19.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.01 Bn
Mar 31, 2026 1.01 Bn
Dec 31, 2025 1.70 Bn
Dec 31, 2025 1.70 Bn
Sep 30, 2025 1.46 Bn
Sep 30, 2025 1.46 Bn
Jun 30, 2025 1.38 Bn
Jun 30, 2025 1.38 Bn
Mar 31, 2025 910.00 Mn
Mar 31, 2025 910.00 Mn
Dec 31, 2024 1.71 Bn
Dec 31, 2024 1.71 Bn
Sep 30, 2024 1.41 Bn
Sep 30, 2024 1.41 Bn
Jun 30, 2024 1.52 Bn
Jun 30, 2024 1.52 Bn
Mar 31, 2024 924.00 Mn
Mar 31, 2024 924.00 Mn
Dec 31, 2023 1.29 Bn
Dec 31, 2023 1.29 Bn