S&P Global (SPGI) Free Cash Flow (2009 - 2026)
S&P Global (SPGI) reported Free Cash Flow of $1.0 billion for Q1 2026, up 10.99% on a YoY basis from $910.0 million in Q1 2025, and down 40.66% quarter-over-quarter from $1.7 billion in Q4 2025.
S&P Global (SPGI) Free Cash Flow (2009 - 2026) Analysis & Trends
S&P Global has reported Free Cash Flow for 18 years, with the latest figure 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.
- The five-year high for Free Cash Flow was $1.7 billion in Q4 2024, with the low at $206.0 million in Q1 2022.
- Historically, Free Cash Flow has averaged $1.1 billion across 5 years, with a median of $1.0 billion in 2026.
- Annual changes were most pronounced in 2022 — Free Cash Flow slumped 72.53% — and 2023, when it jumped 174.76%.
- S&P Global's Free Cash Flow stood at $1.1 billion in 2022, then grew by 18.53% to $1.3 billion in 2023, then surged by 32.74% to $1.7 billion in 2024, then slipped by 0.29% to $1.7 billion in 2025, then plunged 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 | 122.27 Bn | 125.38 Bn | 2.94 Bn | 1.01 Bn |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn | 1.24 Bn |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn | 844.00 Mn |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - | 1.26 Bn |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn | 629.00 Mn |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn | 182.74 Mn |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn | 280.80 Mn |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn | 1.94 Bn |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn | 19.00 Mn |
| 10 | Factset Research Systems | 8.21 Bn | 7.92 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 |