S&P Global Cash Flow Statement
SPGI / Financials|15 years of annual SEC 10-K data (FY2011-FY2025)
Covers operating cash flow, capital expenditures, free cash flow, share buybacks, and dividends paid across 15 fiscal years. All figures from audited SEC 10-K filings.
S&P Global generated $5.7B in operating cash flow and $5.5B in free cash flow in FY2025. Free cash flow margin was 35.6% of revenue.
Based on SEC 10-K filings.
Key Data Points
- Strong profit margin: 21.0%
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $4.5B | $3.9B | $3.0B | $3.2B | $2.1B | $2.0B | $1.5B | $2.0B | $1.5B | -$115.0M | $1.4B | -$115.0M | $911.0M | $437.0M | $731.0M |
| Depreciation & Amortization | $1.2B | $1.2B | $178.0M | $1.0B | $204.0M | $206.0M | $180.0M | $206.0M | $180.0M | $134.0M | $137.0M | $134.0M | $126.0M | $141.0M | $450.0M |
| Operating Cash Flow | $5.7B | $5.7B | $3.6B | $2.6B | $2.8B | $2.1B | $2.0B | $2.1B | $2.0B | $1.2B | $782.0M | $1.2B | $924.0M | $730.0M | $1.3B |
| Capital Expenditures | $195.0M | $124.0M | $35.0M | $89.0M | $115.0M | $113.0M | $123.0M | $113.0M | $123.0M | $92.0M | $117.0M | $92.0M | $92.0M | $96.0M | $92.0M |
| Free Cash Flow | $5.5B | $5.6B | $3.6B | $2.5B | $2.7B | $2.0B | $1.9B | $2.0B | $1.9B | $1.1B | $665.0M | $1.1B | $832.0M | $634.0M | $1.2B |
| Share Buybacks | $5.0B | $3.3B | $0 | $12.0B | $1.2B | $1.7B | $1.0B | $1.7B | $1.0B | $362.0M | $978.0M | $362.0M | $1.5B | $295.0M | $0 |
| Dividends Paid | $1.2B | $1.1B | $743.0M | $1.0B | $560.0M | $503.0M | $421.0M | $503.0M | $421.0M | $326.0M | $308.0M | $326.0M | $296.0M | $984.0M | $281.0M |
| FCF Margin | 35.6% | 39.2% | 42.9% | 22.5% | 39.7% | 31.2% | 31.2% | 31.2% | 130.3% | 22.1% | 14.1% | 22.1% | 21.0% | 14.8% | 21.1% |