S&P Global Inc (SPGI) — Capital Reinvestment Ratio
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 net asset quality index of S&P Global Inc to measure how much of total assets are equity-financed.
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. Check SPGI capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
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 SPGI market cap overview.
| 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 | — |