S&P Global Inc (SPGI) — Capital Reinvestment Ratio
S&P Global Inc (SPGI) has a Capital Reinvestment Ratio of 0.03x as of June 2026, meaning it reinvests 0% of its operating cash flow ($1.44 Billion) in capital expenditures ($38.00 Million). Check S&P Global Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
S&P Global Inc Capital Reinvestment Ratio (1989–2025)
This chart tracks S&P Global Inc's Capital Reinvestment Ratio across 37 annual periods. For the full cash flow conversion analysis, see SPGI cash flow conversion.
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. See S&P Global Inc (SPGI) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| 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 | — |