S&P Global revenue and financials
$396.13Change from previous close: +1.33%Absolute change: +$5.21
In the fiscal year ended December 2025, S&P Global reported revenue of $15.34B (+7.94% year over year). Net income was $4.47B, a net margin of 29.2%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +7.94%
- 2025 vs 2024
- Net income growth
- +16.07%
- 2025 vs 2024
- Net margin
- 29.2%
- 2024: 27.1%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 5,651 | 5,689 | 3,710 | 2,603 | 3,598 | 3,567 | 2,776 | 2,064 | 2,016 | 1,560 |
| Depreciation and amortization | 1,179 | 1,173 | 1,143 | 1,013 | 178 | 206 | 204 | 206 | 180 | 181 |
| Capital expenditure | -195 | -124 | -143 | -89.0 | -35.0 | -76.0 | -115 | -113 | -123 | -115 |
| Investing cash flow | -704 | -255 | 562 | 3,628 | -120 | — | — | — | — | — |
| Financing cash flow | -4,930 | -4,998 | -4,280 | -11,326 | -1,013 | — | — | — | — | — |
| Dividends paid | -1,170 | -1,134 | -1,147 | -1,024 | -743 | -645 | -560 | -503 | -421 | -380 |
| Share repurchases | -5,001 | -3,301 | -3,301 | -12,004 | 0.0 | -1,164 | -1,240 | -1,660 | -1,001 | -1,123 |
| Debt issued | 1,708 | 0.0 | 744 | 5,395 | — | — | — | — | — | — |
| Debt repaid | -4.0 | -47.0 | -188 | -3,730 | — | — | — | — | — | — |
| Effect of exchange rates | 62.0 | -61.0 | 12.0 | -123 | -82.0 | — | — | — | — | — |
| Net change in cash | 79.0 | 375 | 4.0 | -5,218 | 2,383 | — | — | — | — | — |
| Free cash flow | 5,456 | 5,565 | 3,567 | 2,514 | 3,563 | — | — | — | — | — |
| Levered free cash flow | 4,878 | 5,093 | 4,681 | 3,285 | 2,827 | — | — | — | — | — |