S&P Global Inc. SPGI NYSE

S&P Global Inc. (SPGI) generated $5.65B in operating cash flow for fiscal year 2025. After capital expenditures of $195M, free cash flow was $5.46B.

Free cash flow margin was 35.6% of revenue. Cash conversion ratio was 1.17x, indicating earnings are backed by cash.

The company returned $1.17B in dividends and $5B in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (67/100, Partial) — cash generation is adequate but may not fully cover debt in stressed conditions
• MOAT (90/100, Pass) — $5.46B (35.6% FCF margin) supports a durable competitive advantage
• INCOME (85/100) — Cash conversion ratio was 1.17x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 79/100 with 5/7 criteria passed.