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S&P Global SPGI Free cash flow

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Other financials

Income statement

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Revenue$4.1B+10.4%
Gross profit$3.0B+13.1%
Operating income$1.8B+16.8%
Net income$1.2B+13.5%
EPS (diluted)$4.12+17.7%

Balance sheet

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Cash & equivalents$4.1B+124%
Total debt$15.7B+31.1%
Total equity$31.5B-5.7%
Total assets$62.9B+4.2%

Cash flow

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Operating cash flow$1.4B-0.4%
CapEx$38.0M-37.7%

Valuation

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Market cap$128.68B-23.3%
Enterprise value$140.29B-21.2%
P/E26.1×-15.7×
P/S-3.4×

Profitability

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Gross margin70.9%+1.2pp
Operating margin44.4%+4.5pp
Net margin30.5%+3.2pp
FCF margin34.6%-2.2pp

Returns & leverage

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Return on equity15.2%+3.4pp
Debt / equity0.5×+0.1×
Current ratio0.0×

Where this comes from

Calculated from S&P Global’s reported figures.

The source filing: S&P Global’s 10-Q, filed July 28, 2026. Open the filing →

Filed
Jul 28, 2026, 4:52 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000064040-26-000045

FAQ

What is S&P Global's free cash flow?
S&P Global (SPGI) reported free cash flow of $1.4B in Q2 2026.
How has S&P Global's free cash flow changed year-over-year?
S&P Global's free cash flow increased by 1.2% year-over-year, from $1.38B to $1.4B.
What is the long-term trend for S&P Global's free cash flow?
Over 4 years (2021 to 2025), S&P Global's free cash flow has grown at a 11.2% compound annual growth rate (CAGR), from $3.56B to $5.46B.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.

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