S&P Global (LIM:SPGI) FCF Margin %: 24.21% (As of Mar. 2026) — 28% Below Median


What is S&P Global FCF Margin %?

S&P Global LIM:SPGI 93 FCF Margin % is 24.21% as of Mar. 2026, which is 28% below its 10-year median of 33.40. GuruFocus rates LIM:SPGI with a GF Score™ of 93/100. The stock has 2 warning signs investors should review. Among 771 Capital Markets companies, S&P Global ranks better than 75.88% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. S&P Global's Free Cash Flow for the three months ended in Mar. 2026 was $1,010.00 Mil. S&P Global's Revenue for the three months ended in Mar. 2026 was $4,171.00 Mil. Therefore, S&P Global's FCF Margin % for the quarter that ended in Mar. 2026 was 24.21%.

As of today, S&P Global's current FCF Yield % is 4.67%.

The historical rank and industry rank for S&P Global's FCF Margin % or its related term are showing as below:


During the past 13 years, the highest FCF Margin % of S&P Global was 46.91%. The lowest was 22.48%. And the median was 33.40%.

LIM:SPGI's FCF Margin % is not ranked *
in the Capital Markets industry.
Industry Median: 0.9
* Ranked among companies with meaningful FCF Margin % only.


S&P Global FCF Margin % Related Terms


S&P Global FCF Margin % Historical Data

* Premium members only.

The historical data trend for S&P Global's FCF Margin % 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.

S&P Global FCF Margin % Chart

S&P Global Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.94 22.48 28.54 39.17 35.58

S&P Global Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % 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 24.09 36.86 37.55 43.46 24.21

LIM:SPGI vs CME, ICE, MCO: FCF Margin % Comparison

For the Financial Data & Stock Exchanges subindustry, S&P Global's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, S&P Global's FCF Margin % distribution charts can be found below:

* The bar in red indicates where S&P Global's FCF Margin % falls into.



S&P Global FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

S&P Global's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=5456/15336
=35.58 %

S&P Global's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1010/4171
=24.21 %

* 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.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 24.21% mean?
S&P Global (LIM:SPGI) has a FCF Margin % of 24.21% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on S&P Global and its competitors. This is 28% below median its historical median of 33.40. Over the past decade, S&P Global's FCF Margin % has ranged from 22.48 to 46.91. According to the industry distribution chart, S&P Global ranks #186 out of 771 companies in the Capital Markets industry, placing it in the top 24.1%.
Is S&P Global's FCF Margin % too high?
S&P Global's current FCF Margin % of 24.21% is 28% below median its 10-year median of 33.40. Over the past 10 years, this metric has ranged from a low of 22.48 to a high of 46.91. The Capital Markets industry median FCF Margin % is 0.90. S&P Global's value of 24.21% is 2590% above this industry median. Based on the distribution chart, S&P Global ranks #186 out of 771 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, S&P Global has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does S&P Global's FCF Margin % compare to CME and ICE?
According to the Capital Markets industry distribution chart, S&P Global ranks #186 out of 771 companies for FCF Margin %. This places S&P Global in the top 24% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 0.90. S&P Global's value of 24.21% is 2590% above this benchmark. Historically, S&P Global's own FCF Margin % has ranged from 22.48 to 46.91 over the past decade. While the company's 10-year median is 33.40 vs. the industry median of 0.90, S&P Global has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Capital Markets company?
The median FCF Margin % among Capital Markets companies is 0.90, based on 771 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. S&P Global's current FCF Margin % of 24.21% is 2590% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on S&P Global and its competitors. For the Capital Markets industry, the median FCF Margin % is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. S&P Global's current FCF Margin % is 24.21%, which is 28% below median its own 10-year median of 33.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S&P Global stock overvalued right now?
S&P Global (LIM:SPGI) has a current FCF Margin % of 24.21%. The current FCF Margin % is 24.21%, which is 28% below median its 10-year median of 33.40 and 2590% above the Capital Markets industry median of 0.90. S&P Global's overall GF Score™ is 93/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For S&P Global (LIM:SPGI), the current FCF Margin % is 24.21% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

S&P Global Business Description

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 energy (formerly commodity insights, this segment includes Platts and other data), mobility (Carfax), and indexes. S&P plans to spin off mobility in 2026.