S&P Global (SPGI) Free Cash Flow (2009 - 2026)
S&P Global's (SPGI) quarterly Free Cash Flow came in at $1.4 billion in Q2 2026, up 1.23% YoY from $1.4 billion in Q2 2025, and up 38.71% on a QoQ basis from $1.0 billion in Q1 2026.
S&P Global (SPGI) Free Cash Flow (2009 - 2026) Analysis & Trends
S&P Global (SPGI) has 18 years of Free Cash Flow data on file, last reported at $1.4 billion in Q2 2026.
- Quarterly Free Cash Flow rose 1.23% year-over-year to $1.4 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $5.6 billion (up 2.99% YoY) and the FY2025 annual result came in at $5.5 billion, down 1.96% from the prior year.
- Free Cash Flow improved to $1.4 billion in Q2 2026, from $1.0 billion in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $1.7 billion in Q4 2024 to a low of $206.0 million in Q1 2022.
- A 5-year average of $1.1 billion and a median of $1.0 billion in 2022 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2022 — Free Cash Flow slumped 72.53% — and 2023, when it jumped 174.76%.
- Tracing SPGI's Free Cash Flow over 5 years: 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 declined by 17.69% to $1.4 billion in 2026.
- The last three Free Cash Flow figures came in at $1.4 billion (Q2 2026), $1.0 billion (Q1 2026), and $1.7 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 127.26 Bn | 123.12 Bn | 2.98 Bn | 1.40 Bn |
| 2 | Cme | 99.13 Bn | 99.13 Bn | 1.65 Bn | 923.50 Mn |
| 3 | Intercontinental Exchange | 90.95 Bn | 88.99 Bn | - | 1.88 Bn |
| 4 | Moodys | 87.63 Bn | 86.13 Bn | 1.67 Bn | 688.00 Mn |
| 5 | Nasdaq | 55.45 Bn | 54.73 Bn | 1.50 Bn | 634.00 Mn |
| 6 | Coinbase Global | 49.19 Bn | 40.40 Bn | 1.16 Bn | 197.31 Mn |
| 7 | Msci | 41.09 Bn | 40.73 Bn | 717.10 Mn | 337.40 Mn |
| 8 | Cboe Global Markets | 31.57 Bn | 29.18 Bn | 731.60 Mn | -536.30 Mn |
| 9 | TransUnion | 16.37 Bn | 15.54 Bn | 765.00 Mn | 305.70 Mn |
| 10 | Factset Research Systems | 10.82 Bn | 10.52 Bn | 310.73 Mn | 254.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.40 Bn |
| Jun 30, 2026 | 1.40 Bn |
| 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 |