S&P Global Inc (SPGI) — Cash Flow Quality Index
S&P Global Inc (SPGI) has a Cash Flow Quality Index of 1.25x as of December 2025. Operating cash flow of $1.75 Billion exceeds net income of $1.40 Billion, indicating high earnings quality where cash backs reported profits. Explore S&P Global Inc long-term investment allocation to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
S&P Global Inc Cash Flow Quality Index (1989–2025)
Historical Cash Flow Quality Index for S&P Global Inc across 36 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check S&P Global Inc (SPGI) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for S&P Global Inc (1989–2025)
Year-by-year earnings quality comparison for S&P Global Inc. For live market cap and the full company financial profile, see market cap of S&P Global Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.17x | $5.65 Billion | $4.82 Billion | ▼ -20.6% |
| 2024 | 1.48x | $5.69 Billion | $3.85 Billion | ▲ +15.2% |
| 2023 | 1.28x | $3.71 Billion | $2.89 Billion | ▲ +73.5% |
| 2022 | 0.74x | $2.60 Billion | $3.52 Billion | ▼ -33.0% |
| 2021 | 1.10x | $3.60 Billion | $3.26 Billion | ▼ -21.7% |
| 2020 | 1.41x | $3.57 Billion | $2.53 Billion | ▲ +16.8% |
| 2019 | 1.21x | $2.78 Billion | $2.30 Billion | ▲ +23.9% |
| 2018 | 0.97x | $2.06 Billion | $2.12 Billion | ▼ -20.9% |
| 2017 | 1.23x | $2.02 Billion | $1.64 Billion | ▲ +87.3% |
| 2016 | 0.66x | $1.46 Billion | $2.23 Billion | ▲ +267.0% |
| 2015 | 0.18x | $227.00 Million | $1.27 Billion | ▼ -79.3% |
| 2013 | 0.87x | $782.00 Million | $903.00 Million | ▼ -15.8% |
| 2012 | 1.03x | $747.00 Million | $726.00 Million | ▼ -28.5% |
| 2011 | 1.44x | $1.34 Billion | $934.00 Million | ▼ -15.9% |
| 2010 | 1.71x | $1.46 Billion | $851.87 Million | ▼ -2.8% |
| 2009 | 1.76x | $1.32 Billion | $749.76 Million | ▲ +20.5% |
| 2008 | 1.46x | $1.17 Billion | $799.49 Million | ▼ -13.7% |
| 2007 | 1.69x | $1.72 Billion | $1.01 Billion | ▼ -1.0% |
| 2006 | 1.71x | $1.51 Billion | $882.23 Million | ▼ -7.4% |
| 2005 | 1.85x | $1.56 Billion | $844.31 Million | ▲ +31.3% |
| 2004 | 1.41x | $1.06 Billion | $755.82 Million | ▼ -30.0% |
| 2003 | 2.01x | $1.38 Billion | $687.65 Million | ▲ +1.5% |
| 2002 | 1.98x | $1.14 Billion | $576.76 Million | ▼ -30.3% |
| 2001 | 2.84x | $1.07 Billion | $377.03 Million | ▲ +89.9% |
| 2000 | 1.50x | $705.56 Million | $471.92 Million | ▼ -10.1% |
| 1999 | 1.66x | $708.10 Million | $425.80 Million | ▼ -24.7% |
| 1998 | 2.21x | $755.10 Million | $341.90 Million | ▲ +72.1% |
| 1997 | 1.28x | $373.10 Million | $290.70 Million | ▲ +38.2% |
| 1996 | 0.93x | $460.20 Million | $495.70 Million | ▼ -51.3% |
| 1995 | 1.91x | $433.20 Million | $227.10 Million | ▼ -6.4% |
| 1994 | 2.04x | $413.90 Million | $203.10 Million | ▼ -95.0% |
| 1993 | 40.84x | $465.60 Million | $11.40 Million | ▲ +2391.8% |
| 1992 | 1.64x | $251.10 Million | $153.20 Million | ▲ +16.3% |
| 1991 | 1.41x | $208.60 Million | $148.00 Million | ▲ +25.3% |
| 1990 | 1.13x | $194.10 Million | $172.50 Million | ▼ -59.8% |
| 1989 | 2.80x | $111.30 Million | $39.80 Million | — |