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S&P Global Inc. (SPGI)
NYSE: SPGI · Real-Time Price · USD
411.93
-3.07 (-0.74%)
At close: Jul 31, 2026, 4:00 PM EDT
415.00
+3.07 (0.75%)
Pre-market: Aug 3, 2026, 4:35 AM EDT

S&P Global Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
5,3174,8204,1672,8933,5223,263
Depreciation & Amortization
1,2061,1791,1731,1431,013178
Stock-Based Compensation
239236247171214122
Other Adjustments
-594-152-133-37-1,908105
Change in Receivables
-591-600-79-29136-144
Changes in Accounts Payable
66-552453284338
Changes in Income Taxes Payable
106100192-175-135-36
Changes in Unearned Revenue
7132722235237198
Changes in Other Operating Activities
-211-204-345-674-219-126
Operating Cash Flow
5,7295,6515,6893,7102,6033,598
Operating Cash Flow Growth
2.61%-0.67%53.34%42.53%-27.65%0.87%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-156-195-124-143-89-35
Cash Acquisitions
-2,024-2,023-305-296210-99
Proceeds from Business Divestments
1,8951,5491681,0143,50916
Other Investing Activities
-36-356-13-2-2
Investing Cash Flow
-321-704-2555623,628-120

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Short-Term Debt Issued
825715--188-32-
Net Short-Term Debt Issued (Repaid)
825715--188-32-
Long-Term Debt Issued
993993-7445,395-
Long-Term Debt Repaid
-3-4-47--3,698-
Net Long-Term Debt Issued (Repaid)
990989-477441,697-
Issuance of Common Stock
-----13
Repurchase of Common Stock
-5,200-5,001-3,301-3,301-12,004-
Net Common Stock Issued (Repurchased)
-5,200-5,001-3,301-3,301-12,00413
Common Dividends Paid
-1,156-1,170-1,134-1,147-1,024-743
Other Financing Activities
-406-463-516-38837-283
Financing Cash Flow
-3,060-4,930-4,998-4,280-11,326-1,013

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Foreign Exchange Rate Adjustments
-5462-6112-123-82
Net Cash Flow
2,294793754-5,2182,383

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
5,5735,4565,5653,5672,5143,563
Free Cash Flow Growth
2.99%-1.96%56.01%41.88%-29.44%2.06%
FCF Margin
34.57%35.58%39.17%28.54%22.48%42.94%
Free Cash Flow Per Share
18.5817.8817.8411.197.8914.74
Levered Free Cash Flow
7,8197,3275,1684,0135,5633,241
Unlevered Free Cash Flow
6,6236,1455,7103,9714,3333,525
SEC Filings: 10-K · 10-Q