S&P Global Inc (SPGI) — Capital Reinvestment Ratio

Latest as of December 2025: 0.03x

S&P Global Inc (SPGI) has a Capital Reinvestment Ratio of 0.03x as of December 2025, meaning it reinvests 0% of its operating cash flow ($1.75 Billion) in capital expenditures ($46.00 Million). See S&P Global Inc (SPGI) free cash flow to measure how efficiently the company converts operating cash flow to free cash.

Capital Reinvestment Ratio

0.03x
Capex / Operating Cash Flow

Operating Cash Flow

$1.75 Billion
USD

Capital Expenditures

$46.00 Million
USD

Data as of

Dec 2025
Most recent filing

S&P Global Inc Capital Reinvestment Ratio (1989–2025)

This chart tracks S&P Global Inc's Capital Reinvestment Ratio across 37 annual periods.

Annual Capital Reinvestment Ratio for S&P Global Inc (1989–2025)

Year-by-year Capital Reinvestment Ratio for S&P Global Inc from 1989 to 2025. For live market cap and broader valuation context, see S&P Global Inc stock valuation.

Year Reinvestment Ratio Operating CF (USD) Capital Expenditures YoY Change
2025 0.03x $5.65 Billion $195.00 Million ▲ +58.3%
2024 0.02x $5.69 Billion $124.00 Million ▼ -43.5%
2023 0.04x $3.71 Billion $143.00 Million ▲ +12.7%
2022 0.03x $2.60 Billion $89.00 Million ▲ +251.5%
2021 0.01x $3.60 Billion $35.00 Million ▼ -54.3%
2020 0.02x $3.57 Billion $76.00 Million ▼ -48.6%
2019 0.04x $2.78 Billion $115.00 Million ▼ -24.3%
2018 0.05x $2.06 Billion $113.00 Million ▼ -10.3%
2017 0.06x $2.02 Billion $123.00 Million ▼ -22.3%
2016 0.08x $1.46 Billion $115.00 Million ▼ -87.2%
2015 0.61x $227.00 Million $139.00 Million ▲ +704.7%
2014 0.08x $1.21 Billion $92.00 Million ▼ -49.1%
2013 0.15x $782.00 Million $117.00 Million ▲ +15.2%
2012 0.13x $747.00 Million $97.00 Million ▲ +46.7%
2011 0.09x $1.34 Billion $119.00 Million ▼ -51.5%
2010 0.18x $1.46 Billion $266.29 Million ▼ -10.4%
2009 0.20x $1.32 Billion $269.29 Million ▼ -38.2%
2008 0.33x $1.17 Billion $385.44 Million ▲ +129.9%
2007 0.14x $1.72 Billion $246.26 Million ▼ -49.2%
2006 0.28x $1.51 Billion $426.38 Million ▲ +266.5%
2005 0.08x $1.56 Billion $120.23 Million ▼ -41.0%
2004 0.13x $1.06 Billion $139.00 Million ▲ +57.1%
2003 0.08x $1.38 Billion $114.98 Million ▲ +35.7%
2002 0.06x $1.14 Billion $70.02 Million ▼ -43.9%
2001 0.11x $1.07 Billion $116.89 Million ▼ -21.2%
2000 0.14x $705.56 Million $97.72 Million ▼ -55.7%
1999 0.31x $708.10 Million $221.40 Million ▲ +16.0%
1998 0.27x $755.10 Million $203.60 Million ▼ -17.9%
1997 0.33x $373.10 Million $122.50 Million ▲ +138.7%
1996 0.14x $460.20 Million $63.30 Million ▲ +1.3%
1995 0.14x $433.20 Million $58.80 Million ▼ -27.1%
1994 0.19x $413.90 Million $77.10 Million ▲ +74.2%
1993 0.11x $465.60 Million $49.80 Million ▼ -63.1%
1992 0.29x $251.10 Million $72.70 Million ▲ +18.0%
1991 0.25x $208.60 Million $51.20 Million ▼ -50.3%
1990 0.49x $194.10 Million $95.80 Million ▼ -5.3%
1989 0.52x $111.30 Million $58.00 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow