FN2 Earnings Intelligence
S&P Global Inc. cash flow
S&P Global Inc. (SPGI) Cash Flow (annual) derived from persisted SEC financial facts.
Key Stats
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 | 12/31/2026 est. | 12/31/2027 est. |
|---|---|---|---|---|---|---|---|
| Market Cap | - | - | - | - | - | - | - |
| - Cash | $6,497 | $1,286 | $1,290 | $1,666 | $1,745 | - | - |
| + Debt | - | $10,956 | $11,459 | $11,398 | $13,088 | - | - |
| Enterprise Value | - | - | - | - | - | - | - |
| Revenue | $8,297 | $11,181 | $12,497 | $14,208 | $15,336 | $15,200.3 | $15,744.6 |
| % Growth | 11.5% | 34.8% | 11.8% | 13.7% | 7.9% | -0.9% | 3.6% |
| Gross Profit | $6,102 | $7,415 | $8,356 | $9,817 | $10,773 | - | - |
| % Margin | 73.5% | 66.3% | 66.9% | 69.1% | 70.2% | - | - |
| EBITDA | $4,399 | $5,957 | $5,163 | $6,753 | $7,657 | - | - |
| % Margin | 53.0% | 53.3% | 41.3% | 47.5% | 49.9% | - | - |
| Net Income | $3,024 | $3,248 | $2,626 | $3,852 | $4,471 | - | - |
| % Margin | 36.4% | 29.0% | 21.0% | 27.1% | 29.2% | - | - |
| Diluted EPS | $12.51 | $10.20 | $8.23 | $12.35 | $14.66 | $18.50 | $20.49 |
| % Growth | 29.5% | -18.5% | -19.3% | 50.1% | 18.7% | 26.2% | 10.8% |
| Operating Cash Flow | $3,598 | $2,603 | $3,710 | $5,689 | $5,651 | - | - |
| CapEx | $35 | $89 | $143 | $124 | $195 | - | - |
| Free Cash Flow | $3,563 | $2,514 | $3,567 | $5,565 | $5,456 | - | - |
Historical market capitalization is not persisted, so Market Cap and Enterprise Value remain unavailable rather than mixing today's market value into prior periods.
Income Statement
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 | 12/31/2026 est. | 12/31/2027 est. |
|---|---|---|---|---|---|---|---|
| Revenue | $8,297 | $11,181 | $12,497 | $14,208 | $15,336 | $15,200.3 | $15,744.6 |
| Gross Profit | $6,102 | $7,415 | $8,356 | $9,817 | $10,773 | - | - |
| EBITDA | $4,399 | $5,957 | $5,163 | $6,753 | $7,657 | - | - |
| Net Income | $3,024 | $3,248 | $2,626 | $3,852 | $4,471 | - | - |
| Diluted EPS | $12.51 | $10.20 | $8.23 | $12.35 | $14.66 | $18.50 | $20.49 |
Balance Sheet
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $6,497 | $1,286 | $1,290 | $1,666 | $1,745 |
| Short-term Debt | - | $226 | $47 | $4 | $718 |
| Long-term Debt | $4,114 | $10,730 | $11,412 | $11,394 | $12,370 |
| Total Debt | - | $10,956 | $11,459 | $11,398 | $13,088 |
Cash Flow
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $3,598 | $2,603 | $3,710 | $5,689 | $5,651 |
| Capital Expenditure | $35 | $89 | $143 | $124 | $195 |
| Free Cash Flow | $3,563 | $2,514 | $3,567 | $5,565 | $5,456 |
Ratios
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Revenue Growth | 11.5% | 34.8% | 11.8% | 13.7% | 7.9% |
| Gross Margin | 73.5% | 66.3% | 66.9% | 69.1% | 70.2% |
| EBITDA Margin | 53.0% | 53.3% | 41.3% | 47.5% | 49.9% |
| Net Margin | 36.4% | 29.0% | 21.0% | 27.1% | 29.2% |
| FCF Margin | 42.9% | 22.5% | 28.5% | 39.2% | 35.6% |
| Diluted EPS Growth | 29.5% | -18.5% | -19.3% | 50.1% | 18.7% |