S&P Global (SPGI) Free Cash Flow (2009 - 2026)
S&P Global posted quarterly Free Cash Flow of $1.0 billion for Q1 2026, up 10.99% year-on-year from $910.0 million in Q1 2025, and down 40.66% on a QoQ basis from $1.7 billion in Q4 2025.
S&P Global (SPGI) has 18 years of Free Cash Flow data on file, last reported at $1.0 billion in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow rose 10.99% year-over-year to $1.0 billion; the trailing twelve-month figure through Mar 2026 stood at $5.6 billion (changed 0.09% YoY), and the FY2025 full-year result was $5.5 billion, down 1.96% from the prior year.
- Free Cash Flow for Q1 2026 stood at $1.0 billion, 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.
- The 5-year median for Free Cash Flow is $1.0 billion (2026), against an average of $1.1 billion.
- The widest annual swing landed in 2022, when Free Cash Flow plunged 72.53%; it then jumped 174.76% in 2023.
- A 5-year view of Free Cash Flow shows it stood at $1.1 billion in 2022, then increased by 18.53% to $1.3 billion in 2023, then soared by 32.74% to $1.7 billion in 2024, then dropped by 0.29% to $1.7 billion in 2025, then tumbled by 40.66% to $1.0 billion in 2026.
- The last three Free Cash Flow figures came in at $1.0 billion (Q1 2026), $1.7 billion (Q4 2025), and $1.5 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | 1.01 Bn |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | 1.24 Bn |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | 1.26 Bn |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | 844.00 Mn |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | 629.00 Mn |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | 182.74 Mn |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | 280.80 Mn |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 1.94 Bn |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | 19.00 Mn |
| 10 | Factset Research Systems | 9.06 Bn | 8.78 Bn | 314.28 Mn | 185.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2023 | 977.00 Mn |
| Sep 30, 2023 | 977.00 Mn |
| Jun 30, 2023 | 738.00 Mn |
| Jun 30, 2023 | 738.00 Mn |
| Mar 31, 2023 | 566.00 Mn |
| Mar 31, 2023 | 566.00 Mn |
| Dec 31, 2022 | 1.09 Bn |
| Dec 31, 2022 | 1.09 Bn |
| Sep 30, 2022 | 793.00 Mn |
| Sep 30, 2022 | 793.00 Mn |
| Jun 30, 2022 | 430.00 Mn |
| Jun 30, 2022 | 430.00 Mn |
| Mar 31, 2022 | 206.00 Mn |
| Mar 31, 2022 | 206.00 Mn |
| Dec 31, 2021 | 938.00 Mn |
| Dec 31, 2021 | 938.00 Mn |
| Sep 30, 2021 | 959.00 Mn |
| Sep 30, 2021 | 959.00 Mn |
| Jun 30, 2021 | 916.00 Mn |
| Jun 30, 2021 | 916.00 Mn |
| Mar 31, 2021 | 750.00 Mn |
| Mar 31, 2021 | 750.00 Mn |
| Dec 31, 2020 | 1.11 Bn |
| Dec 31, 2020 | 1.11 Bn |
| Sep 30, 2020 | 784.00 Mn |
| Sep 30, 2020 | 784.00 Mn |
| Jun 30, 2020 | 930.00 Mn |
| Jun 30, 2020 | 930.00 Mn |
| Mar 31, 2020 | 669.00 Mn |
| Mar 31, 2020 | 669.00 Mn |
| Dec 31, 2019 | 966.00 Mn |
| Dec 31, 2019 | 966.00 Mn |
| Sep 30, 2019 | 731.00 Mn |
| Sep 30, 2019 | 731.00 Mn |
| Jun 30, 2019 | 691.00 Mn |
| Jun 30, 2019 | 691.00 Mn |
| Mar 31, 2019 | 273.00 Mn |
| Mar 31, 2019 | 273.00 Mn |
| Dec 31, 2018 | 638.00 Mn |
| Dec 31, 2018 | 638.00 Mn |
| Sep 30, 2018 | 470.00 Mn |
| Sep 30, 2018 | 470.00 Mn |
| Jun 30, 2018 | 516.00 Mn |
| Jun 30, 2018 | 516.00 Mn |
| Mar 31, 2018 | 327.00 Mn |
| Mar 31, 2018 | 327.00 Mn |
| Dec 31, 2017 | 767.00 Mn |
| Dec 31, 2017 | 767.00 Mn |
| Sep 30, 2017 | 508.00 Mn |
| Sep 30, 2017 | 508.00 Mn |
| Jun 30, 2017 | 288.00 Mn |
| Jun 30, 2017 | 288.00 Mn |
| Mar 31, 2017 | 330.00 Mn |
| Mar 31, 2017 | 330.00 Mn |
| Dec 31, 2016 | 255.00 Mn |
| Dec 31, 2016 | 255.00 Mn |
| Sep 30, 2016 | 586.00 Mn |
| Sep 30, 2016 | 586.00 Mn |
| Jun 30, 2016 | 435.00 Mn |
| Jun 30, 2016 | 435.00 Mn |
| Mar 31, 2016 | 169.00 Mn |
| Mar 31, 2016 | 169.00 Mn |
| Dec 31, 2015 | 647.00 Mn |
| Dec 31, 2015 | 647.00 Mn |
| Sep 30, 2015 | 509.00 Mn |
| Sep 30, 2015 | 509.00 Mn |
| Jun 30, 2015 | 426.00 Mn |
| Jun 30, 2015 | 426.00 Mn |
| Mar 31, 2015 | -1.37 Bn |
| Mar 31, 2015 | -1.37 Bn |
| Dec 31, 2014 | 349.00 Mn |
| Dec 31, 2014 | 349.00 Mn |
| Sep 30, 2014 | 359.00 Mn |
| Sep 30, 2014 | 359.00 Mn |
| Jun 30, 2014 | 315.00 Mn |
| Jun 30, 2014 | 315.00 Mn |
| Mar 31, 2014 | 94.00 Mn |
| Mar 31, 2014 | 94.00 Mn |
| Dec 31, 2013 | 244.00 Mn |
| Dec 31, 2013 | 244.00 Mn |
| Sep 30, 2013 | 238.00 Mn |
| Sep 30, 2013 | 238.00 Mn |
| Jun 30, 2013 | 252.00 Mn |
| Jun 30, 2013 | 252.00 Mn |
| Mar 31, 2013 | -69.00 Mn |
| Mar 31, 2013 | -69.00 Mn |
| Dec 31, 2012 | 106.00 Mn |
| Dec 31, 2012 | 106.00 Mn |
| Sep 30, 2012 | 345.00 Mn |
| Sep 30, 2012 | 345.00 Mn |
| Jun 30, 2012 | 167.00 Mn |
| Jun 30, 2012 | 167.00 Mn |
| Mar 31, 2012 | 16.00 Mn |
| Mar 31, 2012 | 16.00 Mn |
| Dec 31, 2011 | -136.00 Mn |
| Dec 31, 2011 | -136.00 Mn |
| Sep 30, 2011 | 675.00 Mn |
| Sep 30, 2011 | 675.00 Mn |
| Jun 30, 2011 | 262.00 Mn |
| Jun 30, 2011 | 262.00 Mn |
| Mar 31, 2011 | 31.00 Mn |
| Mar 31, 2011 | 31.00 Mn |
| Dec 31, 2010 | -370.00 Mn |
| Dec 31, 2010 | -370.00 Mn |
| Sep 30, 2010 | 667.50 Mn |
| Sep 30, 2010 | 667.50 Mn |
| Jun 30, 2010 | 225.80 Mn |
| Jun 30, 2010 | 225.80 Mn |
| Mar 31, 2010 | 94.70 Mn |
| Mar 31, 2010 | 94.70 Mn |
| Dec 31, 2009 | 349.27 Mn |
| Dec 31, 2009 | 349.27 Mn |
| Sep 30, 2009 | 611.50 Mn |
| Sep 30, 2009 | 611.50 Mn |
| Jun 30, 2009 | 211.81 Mn |
| Jun 30, 2009 | 211.81 Mn |
| Mar 31, 2009 | 65.42 Mn |
| Mar 31, 2009 | 65.42 Mn |