S&P Global (SPGI) Net Cash Flow (2009 - 2026)
S&P Global (SPGI) recorded Net Cash Flow of $2.35 billion in Q2 2026, up 602.1% from $334 million a year earlier.
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Analysis
S&P Global (SPGI) Net Cash Flow (2009 - 2026) Analysis & Trends
For FY2025, S&P Global reported Net Cash Flow of $17 million, down 96.1% from FY2024.
- Annual Net Cash Flow has a five-year compound annual growth rate of -57.0% (FY2020 to FY2025).
- Across earlier years, Net Cash Flow came in at $436 million in FY2024, -$8 million in FY2023, -$5.1 billion in FY2022 and $2.47 billion in FY2021 (+112.3%).
- The Q2 2026 figure is the highest quarterly Net Cash Flow in data going back to Q1 2009.
- Per Business Quant, the preceding three quarters came in at $91 million (Q1 2026), $74 million (Q4 2025) and -$162 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 133.88 Bn | 124.46 Bn | 2.98 Bn | 2.35 Bn |
| 2 | Moodys | 84.51 Bn | 77.44 Bn | 1.50 Bn | 41.00 Mn |
| 3 | Msci | 44.68 Bn | 43.16 Bn | 739.80 Mn | -95.30 Mn |
| 4 | Verisk Analytics | 26.54 Bn | 21.17 Bn | 572.90 Mn | 28.90 Mn |
| 5 | Equifax | 21.92 Bn | 21.19 Bn | 940.10 Mn | 23.60 Mn |
| 6 | TransUnion | 16.07 Bn | 12.89 Bn | - | 99.40 Mn |
| 7 | Factset Research Systems | 12.30 Bn | 11.15 Bn | 308.40 Mn | -54.14 Mn |
| 8 | Morningstar | 8.46 Bn | 6.36 Bn | 423.90 Mn | -900,000.00 |
| 9 | Mastercard | 557.08 Bn | 517.01 Bn | - | 3.22 Bn |
| 10 | Cme | 110.43 Bn | 98.52 Bn | - | -7.17 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.35 Bn |
| Mar 31, 2026 | 91.00 Mn |
| Dec 31, 2025 | 74.00 Mn |
| Sep 30, 2025 | -162.00 Mn |
| Jun 30, 2025 | 334.00 Mn |
| Mar 31, 2025 | -229.00 Mn |
| Dec 31, 2024 | 29.00 Mn |
| Sep 30, 2024 | -373.00 Mn |
| Jun 30, 2024 | 509.00 Mn |
| Mar 31, 2024 | 271.00 Mn |
| Dec 31, 2023 | -389.00 Mn |
| Sep 30, 2023 | 109.00 Mn |
| Jun 30, 2023 | 161.00 Mn |
| Mar 31, 2023 | 111.00 Mn |
| Dec 31, 2022 | -146.00 Mn |
| Sep 30, 2022 | -2.10 Bn |
| Jun 30, 2022 | -765.00 Mn |
| Mar 31, 2022 | -2.08 Bn |
| Dec 31, 2021 | 621.00 Mn |
| Sep 30, 2021 | 712.00 Mn |
API Access
S&P Global Net Cash Flow 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=net-cash-flow&ticker=SPGI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-cash-flow", "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=net-cash-flow&ticker=SPGI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();