FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8Y

Three-Statement Breakdown

SPGI
2026-06-30 · figures in $M

LITTLE CHANGED

Free cash flow was little changed at $5.5B, and covered net income 1.22×.

CASH FROM OPS -0.7%
5,651 36.8% MGN
CAPITAL EXPENDITURE +57.3%
195
FREE CASH FLOW -2.0%
5,456
FCF / NET INCOME -15.5%
1.22× TARGET >1.0×
Cash flow FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 YoY TTM 8Q
Net income
1,958 2,123 2,339 3,024 3,248 2,626 3,852 4,471 +16.1% 4,921 2024-09-30 · $971.0M2024-12-31 · $879.0M2025-03-31 · $1.1B2025-06-30 · $1.1B2025-09-30 · $1.2B2025-12-31 · $1.1B2026-03-31 · $1.4B2026-06-30 · $1.2B
Depreciation & amortization
206 204 206 178 1,013 1,143 1,173 1,179 +0.5% —
Stock-based comp
94 78 90 122 214 171 247 236 -4.5% 239
Cash from operations
2,064 2,776 3,567 3,598 2,603 3,710 5,689 5,651 -0.7% 5,729 2024-09-30 · $1.4B2024-12-31 · $1.7B2025-03-31 · $953.0M2025-06-30 · $1.4B2025-09-30 · $1.5B2025-12-31 · $1.7B2026-03-31 · $1.0B2026-06-30 · $1.4B
Cash conversion
1.05× 1.31× 1.53× 1.19× 0.80× 1.41× 1.48× 1.26× -14.4% 1.16×
Capital expenditures
(113) (115) (76) (35) (89) (143) (124) (195) +57.3% (156)
Free cash flow
1,951 2,661 3,491 3,563 2,514 3,567 5,565 5,456 -2.0% 5,573 2024-09-30 · $1.4B2024-12-31 · $1.7B2025-03-31 · $910.0M2025-06-30 · $1.4B2025-09-30 · $1.5B2025-12-31 · $1.7B2026-03-31 · $1.0B2026-06-30 · $1.4B
FCF margin
31.2% 39.7% 46.9% 42.9% 22.5% 28.5% 39.2% 35.6% -9.2% 34.6%
Cash from investing
-513 -131 -240 -120 3,628 562 -255 -704 — -321
Dividends paid
503 560 645 743 1,024 1,147 1,134 1,170 +3.2% 1,156
Share repurchases
1,660 1,240 1,164 0 12,004 3,301 3,301 5,001 +51.5% 5,200
Debt repayment
403 868 1,394 0 142 0 47 4 -91.5% 3
Cash from financing
-2,288 -1,751 -2,166 -1,013 -11,326 -4,280 -4,998 -4,930 — -3,060
Net change in cash
-821 928 1,236 2,383 -5,218 4 375 79 -78.9% 2,294
Ending cash balance
1,917 2,866 4,108 6,497 1,286 1,290 1,666 1,745 +4.7% 4,134

Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.

SELECTED · FREE CASH FLOW · QoQ BRIDGE
FROM5,565 CASH FROM OPERATIONS-38 CAPITAL EXPENDITURES-71 TO5,456
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-07-28 ↗