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S&P Global (LTS:0KYY) Cyclically Adjusted FCF per Share : $12.37 (As of Mar. 2025)


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What is S&P Global Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

S&P Global's adjusted free cash flow per share for the three months ended in Mar. 2025 was $2.957. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $12.37 for the trailing ten years ended in Mar. 2025.

During the past 12 months, S&P Global's average Cyclically Adjusted FCF Growth Rate was 21.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 13.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 18.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 15.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of S&P Global was 24.00% per year. The lowest was -3.60% per year. And the median was 11.70% per year.

As of today (2025-05-24), S&P Global's current stock price is $508.71. S&P Global's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $12.37. S&P Global's Cyclically Adjusted Price-to-FCF of today is 41.12.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of S&P Global was 68.57. The lowest was 28.31. And the median was 45.90.


S&P Global Cyclically Adjusted FCF per Share Historical Data

The historical data trend for S&P Global's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

S&P Global Cyclically Adjusted FCF per Share Chart

S&P Global Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.97 7.70 8.63 9.77 11.26

S&P Global Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.21 10.56 10.83 11.26 12.37

Competitive Comparison of S&P Global's Cyclically Adjusted FCF per Share

For the Financial Data & Stock Exchanges subindustry, S&P Global's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


S&P Global's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, S&P Global's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where S&P Global's Cyclically Adjusted Price-to-FCF falls into.


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S&P Global Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, S&P Global's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=2.957/134.9266*134.9266
=2.957

Current CPI (Mar. 2025) = 134.9266.

S&P Global Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 1.545 100.684 2.070
201509 1.855 100.392 2.493
201512 2.377 99.792 3.214
201603 0.632 100.470 0.849
201606 1.631 101.688 2.164
201609 2.209 101.861 2.926
201612 0.975 101.863 1.291
201703 1.265 102.862 1.659
201706 1.108 103.349 1.447
201709 1.970 104.136 2.552
201712 2.983 104.011 3.870
201803 1.285 105.290 1.647
201806 2.037 106.317 2.585
201809 1.854 106.507 2.349
201812 2.535 105.998 3.227
201903 1.099 107.251 1.383
201906 2.793 108.070 3.487
201909 2.966 108.329 3.694
201912 3.936 108.420 4.898
202003 2.750 108.902 3.407
202006 3.845 108.767 4.770
202009 3.245 109.815 3.987
202012 4.588 109.897 5.633
202103 3.104 111.754 3.748
202106 3.788 114.631 4.459
202109 3.968 115.734 4.626
202112 3.874 117.630 4.444
202203 0.746 121.301 0.830
202206 1.267 125.017 1.367
202209 2.396 125.227 2.582
202212 3.319 125.222 3.576
202303 1.757 127.348 1.862
202306 2.308 128.729 2.419
202309 3.072 129.860 3.192
202312 4.071 129.419 4.244
202403 2.943 131.776 3.013
202406 4.866 132.554 4.953
202409 4.526 133.029 4.591
202412 5.526 133.157 5.599
202503 2.957 134.927 2.957

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


S&P Global  (LTS:0KYY) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

S&P Global's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=508.71/12.37
=41.12

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of S&P Global was 68.57. The lowest was 28.31. And the median was 45.90.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


S&P Global Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of S&P Global's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


S&P Global Business Description

Industry
Address
55 Water Street, New York, NY, USA, 10041
S&P Global provides data and benchmarks to capital and commodity market participants. Its ratings business is the largest credit rating agency in the world and S&P's largest segment by profitability. S&P's largest segment by revenue is market intelligence, which provides desktop, data and advisory solutions, enterprise solutions, and credit/risk solutions mostly in the financial-services industry. S&P's other segments include commodity insights (Platts and other data), mobility (Carfax), and indexes.

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