S&P Global Inc. (SPGI) quarterly cash flow statement — complete operating, investing & financing history
S&P Global Inc. (SPGI) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 1.44B | 1.04B | 1.75B | 1.5B | 1.45B | 953M | 1.74B | 1.45B | 1.56B | 948M | 1.33B | 1.01B | 769M | 594M | 1.11B | 814M | 454M | 222M | 940M | 967M |
| Operating CF Growth % | -0.42% | 8.81% | 0.46% | 4.15% | -7.13% | 0.53% | 30.43% | 42.65% | 102.34% | 59.6% | 19.86% | 24.45% | 69.38% | 167.57% | 18.4% | -15.82% | -50.81% | -71.09% | -17.62% | 19.53% |
| Net Income | 1.22B | 1.5B | 1.4B | 1.09B | 1.16B | 1.17B | 967M | 1.05B | 1.01B | 991M | 644M | 814M | 575M | 860M | 494M | 678M | 1.05B | 1.3B | 736M | 861M |
| Depreciation & Amortization | 308M | 307M | 297M | 294M | 295M | 293M | 302M | 293M | 291M | 287M | 290M | 282M | 284M | 287M | 275M | 297M | 304M | 137M | 41M | 42M |
| Deferred Taxes | -64M | -50M | 45M | -149M | -75M | -63M | -52M | -109M | -95M | -67M | 49M | -46M | -217M | -167M | -198M | -64M | -38M | -53M | 12M | 48M |
| Other Non-Cash Items | 236M | -128M | -98M | -76M | 195M | 69M | 188M | -133M | 114M | 173M | 105M | 114M | 157M | -32M | -104M | 159M | -464M | -1.31B | 49M | 10M |
| Working Capital Changes | -257M | -635M | 33M | 274M | -175M | -564M | 265M | 253M | 186M | -469M | 218M | -197M | -81M | -400M | 592M | -273M | -448M | 55M | 70M | -34M |
| Cash from Investing | -39M | 291M | -472M | -101M | -52M | -79M | 7M | 57M | -299M | -20M | -45M | -49M | 909M | -253M | -61M | -56M | 844M | 2.9B | -78M | -9M |
| Purchase of Investments | 15M | -15M | -35M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4M | -8M | 2M | -3M | 0 | 0 | 0 | 0 | 0 | 0 |
| Sale/Maturity of Investments | -345M | 345M | 0 | 0 | 0 | 0 | 0 | -2M | 0 | 0 | 4M | 8M | -2M | 3M | 0 | 0 | 0 | 4M | 0 | 0 |
| Net Investment Activity | -330M | 330M | -35M | 0 | 0 | 0 | 0 | -2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4M | 0 | 0 |
| Acquisitions | -14M | -12M | -1.97B | -40M | 3M | -13M | 33M | 95M | -260M | -1M | 7M | -5M | 938M | -222M | -32M | -33M | -20M | 2.91B | -80M | -9M |
| Other Investing | 343M | 0 | 1.58B | -16M | 6M | -23M | 7M | -1M | -7M | 5M | -4M | -8M | 2M | -3M | -1M | -2M | 888M | 4M | 4M | 8M |
| Cash from Financing | 945M | -1.24B | -1.2B | -1.57B | -1.06B | -1.1B | -1.72B | -1.88B | -748M | -657M | -1.68B | -855M | -1.52B | -230M | -1.2B | -2.86B | -2.06B | -5.21B | -241M | -246M |
| Dividends Paid | -287M | -288M | -290M | -291M | -294M | -295M | -280M | -282M | -286M | -286M | -283M | -286M | -288M | -290M | -275M | -277M | -286M | -186M | -186M | -186M |
| Share Repurchases | -500M | -1B | -5B | 1.3B | -651M | -650M | -1.36B | -1.5B | 0 | -500M | -1.3B | -500M | -1B | -500M | -1B | -2.5B | -1.5B | -7B | 0 | 0 |
| Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4M | 3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3M | 3M |
| Net Stock Activity | -500M | -1B | -5B | 1.3B | -651M | -650M | -1.36B | -1.5B | 3M | -500M | -1.3B | -500M | -1B | -500M | -1B | -2.5B | -1.5B | -7B | 3M | 3M |
| Debt Issuance (Net) | 1000K | 1000K | 1000K | 0 | 0 | -1000K | 1000K | 0 | -1000K | 1000K | 0 | 1000K | -1000K | 1000K | 1000K | 0 | -1000K | 1000K | 0 | 0 |
| Other Financing | -128M | -182M | 2.38B | -2.58B | -114M | -154M | -121M | -92M | -168M | -122M | -96M | -73M | -66M | -75M | -70M | -82M | 331M | -52M | -58M | -63M |
| Net Change in Cash | 2.33B | 65M | 73M | -175M | 378M | -197M | -31M | -342M | 495M | 253M | -355M | 84M | 157M | 118M | -102M | -2.18B | -834M | -2.1B | 598M | 686M |
| Exchange Rate Effect | -14M | -26M | -1M | -13M | 44M | 32M | -60M | 31M | -14M | -18M | 34M | -25M | -4M | 7M | 44M | -82M | -69M | -16M | -23M | -26M |
| Cash at Beginning | 1.81B | 1.75B | 1.67B | 1.85B | 1.47B | 1.67B | 1.7B | 2.04B | 1.54B | 1.29B | 1.65B | 1.56B | 1.41B | 1.29B | 1.39B | 3.57B | 4.41B | 6.5B | 5.91B | 5.22B |
| Cash at End | 4.14B | 1.81B | 1.75B | 1.67B | 1.85B | 1.47B | 1.67B | 1.7B | 2.04B | 1.54B | 1.29B | 1.65B | 1.56B | 1.41B | 1.29B | 1.39B | 3.57B | 4.41B | 6.5B | 5.91B |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 1.4B | 1.01B | 1.7B | 1.46B | 1.38B | 910M | 1.71B | 1.41B | 1.52B | 924M | 1.29B | 977M | 738M | 566M | 1.08B | 793M | 430M | 206M | 938M | 959M |
| FCF Growth % | 1.23% | 10.99% | -0.29% | 3.55% | -9.19% | -1.52% | 32.74% | 44.32% | 106.5% | 63.25% | 18.53% | 23.2% | 71.63% | 174.76% | 15.67% | -17.31% | -53.06% | -72.53% | -15.34% | 22.32% |