S&P Global Inc. (SPGI) FCF Payout Ratio: 21.18%
Is S&P Global Inc.’s FCF payout ratio high or low?
S&P Global Inc.'s FCF payout ratio of 21.18% is 18% below its 5-year average of 25.67%, near the low end of its 5-year range (18.48%–40.73%).
The FCF payout ratio for S&P Global Inc. (SPGI) is 21.18%. It is above its 12-month average by 1.29% (20.91%).
SPGI FCF Payout Ratio Chart
SPGI Average FCF Payout Ratio Chart
SPGI Current vs Average FCF Payout Ratio Chart
SPGI FCF Payout Ratio Metrics
FCF PAYOUT RATIO
21.18%
FCF PAYOUT RATIO AVG TTM
20.91%
FCF PAYOUT RATIO AVG 3Y
28.68%
FCF PAYOUT RATIO AVG 5Y
25.67%
FCF PAYOUT RATIO AVG 10Y
81.77%
FCF PAYOUT RATIO AVG 15Y
73.30%
FCF PAYOUT RATIO AVG 20Y
61.69%
CURRENT VS TTM AVG
+1.29%
CURRENT VS 3Y AVG
-26.14%
CURRENT VS 5Y AVG
-17.50%
CURRENT VS 10Y AVG
-74.10%
CURRENT VS 15Y AVG
-71.11%
CURRENT VS 20Y AVG
-65.66%
Payout Ratio Comparison
FCF Payout Ratio
21.2%
Earnings Payout Ratio
26.3%
Dividend Yield
0.91%
FCF Yield
4.40%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $5.46B | $1.17B | 21.4% |
| 2024 | $5.57B | $1.13B | 20.4% |
| 2023 | $3.57B | $1.15B | 32.2% |
| 2022 | $2.51B | $1.02B | 40.7% |
| 2021 | $3.56B | $743.00M | 20.9% |
| 2020 | $3.49B | $645.00M | 18.5% |
| 2019 | $2.66B | $560.00M | 21.0% |
| 2018 | $1.95B | $503.00M | 25.8% |
| 2017 | $1.89B | $421.00M | 22.2% |
| 2016 | $1.35B | $380.00M | 28.2% |
| 2015 | $56.00M | $363.00M | 648.2% |
| 2014 | $1.12B | $326.00M | 29.2% |
| 2013 | $699.00M | $308.00M | 44.1% |
| 2012 | $650.00M | $984.00M | 151.4% |
| 2011 | $1.23B | $296.00M | 24.2% |
| 2010 | $1.19B | $292.26M | 24.5% |
| 2009 | $1.05B | $281.55M | 26.8% |
| 2008 | $783.32M | $280.45M | 35.8% |
| 2007 | $1.47B | $277.75M | 18.9% |
| 2006 | $1.08B | $260.32M | 24.0% |
| 2005 | $1.44B | $246.05M | 17.1% |
| 2004 | $924.47M | $228.17M | 24.7% |
| 2003 | $1.27B | $206.54M | 16.3% |
| 2002 | $1.07B | $197.02M | 18.4% |
| 2001 | $953.85M | $189.83M | 19.9% |
| 2000 | $607.84M | $182.46M | 30.0% |
| 1999 | $486.70M | $169.00M | 34.7% |
| 1998 | $551.50M | $154.40M | 28.0% |
| 1997 | $250.60M | $142.70M | 56.9% |
| 1996 | $396.90M | $131.40M | 33.1% |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
S&P Global Inc. FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
S&P Global Inc. FCF Payout Ratio FAQ
- What is the FCF payout ratio for S&P Global Inc. (SPGI)?
- The FCF payout ratio for SPGI stock is 21.18%.
- Is S&P Global Inc.'s FCF payout ratio high or low?
- S&P Global Inc.'s FCF payout ratio of 21.18% is 18% below its 5-year average of 25.67%, near the low end of its 5-year range (18.48%–40.73%).
- What is the TTM average FCF payout ratio for S&P Global Inc. (SPGI)?
- The TTM average FCF payout ratio for SPGI stock is 20.91%.
- What is the 3Y average FCF payout ratio for S&P Global Inc. (SPGI)?
- The 3Y average FCF payout ratio for SPGI stock is 28.68%.
- What is the 5Y average FCF payout ratio for S&P Global Inc. (SPGI)?
- The 5Y average FCF payout ratio for SPGI stock is 25.67%.
- What is the 10Y average FCF payout ratio for S&P Global Inc. (SPGI)?
- The 10Y average FCF payout ratio for SPGI stock is 81.77%.
- What is the 15Y average FCF payout ratio for S&P Global Inc. (SPGI)?
- The 15Y average FCF payout ratio for SPGI stock is 73.30%.
- What is the 20Y average FCF payout ratio for S&P Global Inc. (SPGI)?
- The 20Y average FCF payout ratio for SPGI stock is 61.69%.
S&P Global Inc. FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 21.44% |
| 2024-12-31 | 20.38% |
| 2023-12-31 | 32.16% |
| 2022-12-31 | 40.73% |
| 2021-12-31 | 20.85% |
| 2020-12-31 | 18.48% |
| 2019-12-31 | 21.04% |
| 2018-12-31 | 25.78% |
| 2017-12-31 | 22.24% |
| 2016-12-31 | 28.17% |
| 2015-12-31 | 648.21% |
| 2014-12-31 | 29.19% |
| 2013-12-31 | 44.06% |
| 2012-12-31 | 151.38% |
| 2011-12-31 | 24.16% |
| 2010-12-31 | 24.52% |
| 2009-12-31 | 26.78% |
| 2008-12-31 | 35.80% |
| 2007-12-31 | 18.89% |
| 2006-12-31 | 24.04% |
| 2005-12-31 | 17.09% |
| 2004-12-31 | 24.68% |
| 2003-12-31 | 16.30% |
| 2002-12-31 | 18.37% |
| 2001-12-31 | 19.90% |
| 2000-12-31 | 30.02% |
| 1999-12-31 | 34.72% |
| 1998-12-31 | 28.00% |
| 1997-12-31 | 56.94% |
| 1996-12-31 | 33.11% |
About S&P Global Inc.
S&P Global Inc., through its affiliated entities, delivers crucial services like credit assessments, market benchmarks, advanced analytics, and comprehensive workflow tools. Their reach extends across the worldwide capital, commodity, and automotive industries. The company is structured into six key operating segments: S&P Global Ratings, S&P Dow Jones Indices, S&P Global Commodity Insights, S&P Global Market Intelligence, S&P Global Mobility, and S&P Global Engineering Solutions. S&P Global Ratings functions as an independent authority, supplying credit assessments, research, and analytical insights. It equips investors and other market players with essential data, ratings, and comparative metrics. S&P Dow Jones Indices specializes in crafting and upholding diverse valuation and index benchmarks. These are vital resources for investment advisors, wealth managers, and large institutional investors. S&P Global Commodity Insights delivers critical data and intelligence pertaining to global energy and commodity markets, empowering clients to make informed decisions. S&P Global Market Intelligence provides advanced data and technological tools, furnishing customers with insights crucial for strategic choices. Its extensive portfolio encompasses end-to-end workflow solutions, addressing areas such as capital structuring, data dissemination, ESG practices, leveraged finance, private equity, industry-specific analysis, supply chain management, issuer support, and comprehensive credit, risk, and regulatory compliance solutions. S&P Global Mobility leverages unparalleled automotive data to generate foresight, helping clients foresee market shifts and execute sound business decisions. S&P Global Engineering Solutions supplies specialized engineering knowledge and remedies across various sectors, including aerospace, defense, energy, architecture, construction, and transportation. Its offerings enable both business and technical leaders to optimize processes and make effective determinations. Established in 1860, S&P Global Inc. maintains its primary corporate offices in New York, New York.
- Sector
- Financial Services
- Industry
- Financial - Data & Stock Exchanges
- CEO
- Martina L. Cheung