S&P Global Inc (SPGI) — Free Cash Flow Generation Index
S&P Global Inc (SPGI) has a Free Cash Flow Generation Index of 0.97x as of June 2026. Free cash flow of $1.40 Billion represents 1% of operating cash flow ($1.44 Billion). Explore S&P Global Inc capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
S&P Global Inc Free Cash Flow Generation Index (1989–2025)
Historical FCF Generation Index trend for S&P Global Inc across 37 annual periods. For the full cash flow conversion analysis, see SPGI operating cash flow.
Annual Free Cash Flow Generation for S&P Global Inc (1989–2025)
Year-by-year Free Cash Flow Generation Index for S&P Global Inc. Check S&P Global Inc total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.97x | $5.46 Billion | $5.65 Billion | $195.00 Million | ▼ -1.3% |
| 2024 | 0.98x | $5.57 Billion | $5.69 Billion | $124.00 Million | ▲ +1.7% |
| 2023 | 0.96x | $3.57 Billion | $3.71 Billion | $143.00 Million | ▼ -0.5% |
| 2022 | 0.97x | $2.51 Billion | $2.60 Billion | $89.00 Million | ▼ -2.5% |
| 2021 | 0.99x | $3.56 Billion | $3.60 Billion | $35.00 Million | ▲ +1.2% |
| 2020 | 0.98x | $3.49 Billion | $3.57 Billion | $76.00 Million | ▲ +2.1% |
| 2019 | 0.96x | $2.66 Billion | $2.78 Billion | $115.00 Million | ▲ +1.4% |
| 2018 | 0.95x | $1.95 Billion | $2.06 Billion | $113.00 Million | ▲ +0.7% |
| 2017 | 0.94x | $1.89 Billion | $2.02 Billion | $123.00 Million | ▲ +1.9% |
| 2016 | 0.92x | $1.35 Billion | $1.46 Billion | $115.00 Million | ▲ +273.5% |
| 2015 | 0.25x | $56.00 Million | $227.00 Million | $139.00 Million | ▼ -73.3% |
| 2014 | 0.92x | $1.12 Billion | $1.21 Billion | $92.00 Million | ▲ +3.4% |
| 2013 | 0.89x | $699.00 Million | $782.00 Million | $117.00 Million | ▲ +2.7% |
| 2012 | 0.87x | $650.00 Million | $747.00 Million | $97.00 Million | ▼ -4.5% |
| 2011 | 0.91x | $1.23 Billion | $1.34 Billion | $119.00 Million | ▲ +11.5% |
| 2010 | 0.82x | $1.19 Billion | $1.46 Billion | $266.29 Million | ▲ +2.7% |
| 2009 | 0.80x | $1.05 Billion | $1.32 Billion | $269.29 Million | ▲ +18.8% |
| 2008 | 0.67x | $783.32 Million | $1.17 Billion | $385.44 Million | ▼ -21.8% |
| 2007 | 0.86x | $1.47 Billion | $1.72 Billion | $246.26 Million | ▲ +19.4% |
| 2006 | 0.72x | $1.08 Billion | $1.51 Billion | $426.38 Million | ▼ -22.3% |
| 2005 | 0.92x | $1.44 Billion | $1.56 Billion | $120.23 Million | ▲ +6.2% |
| 2004 | 0.87x | $924.47 Million | $1.06 Billion | $139.00 Million | ▼ -5.2% |
| 2003 | 0.92x | $1.27 Billion | $1.38 Billion | $114.98 Million | ▼ -2.3% |
| 2002 | 0.94x | $1.07 Billion | $1.14 Billion | $70.02 Million | ▲ +5.4% |
| 2001 | 0.89x | $953.85 Million | $1.07 Billion | $116.89 Million | ▲ +3.4% |
| 2000 | 0.86x | $607.84 Million | $705.56 Million | $97.72 Million | ▲ +25.3% |
| 1999 | 0.69x | $486.70 Million | $708.10 Million | $221.40 Million | ▼ -5.9% |
| 1998 | 0.73x | $551.50 Million | $755.10 Million | $203.60 Million | ▲ +8.7% |
| 1997 | 0.67x | $250.60 Million | $373.10 Million | $122.50 Million | ▼ -22.1% |
| 1996 | 0.86x | $396.90 Million | $460.20 Million | $63.30 Million | ▼ -0.2% |
| 1995 | 0.86x | $374.40 Million | $433.20 Million | $58.80 Million | ▲ +6.2% |
| 1994 | 0.81x | $336.80 Million | $413.90 Million | $77.10 Million | ▼ -8.9% |
| 1993 | 0.89x | $415.80 Million | $465.60 Million | $49.80 Million | ▲ +25.7% |
| 1992 | 0.71x | $178.40 Million | $251.10 Million | $72.70 Million | ▼ -5.8% |
| 1991 | 0.75x | $157.40 Million | $208.60 Million | $51.20 Million | ▲ +49.0% |
| 1990 | 0.51x | $98.30 Million | $194.10 Million | $95.80 Million | ▲ +5.8% |
| 1989 | 0.48x | $53.30 Million | $111.30 Million | $58.00 Million | — |