Aureus
AExcellent

S&P Global Inc.(SPGI)

A

Financial data as of Dec 31, 2024Stable · Financials

FCF Margin39.2%Free Cash Flow / Revenue
Cash Conversion147.7%Operating CF / Net Income
Free Cash Flow$5.6B
Revenue$14.2B
Net Cash-$10.3BNet debt position
Debt / FCF2.1xManageable debt load
Current Ratio0.85Tight short-term liquidity
YoY FCF Growth+3.5%5 of 5 quarters positive

How This Grade Was Calculated

Base grade from FCF margin, adjusted by financial health factors

BaseA
→
+0.5Healthy FCF margin with manageable debt (39.2%, 2.1x)
→
-1Current ratio below 1.0 (0.85)
→
+0.5Highly consistent quarterly FCF
→
FinalA

Analysis Summary

Strengths

  • Exceptional FCF margin (39.2%)
  • Excellent cash conversion (148%)
  • Highly consistent quarterly FCF

Concerns

  • Net debt position ($10.3B)
  • Current ratio below 1.0 — tight short-term liquidity

Financial Breakdown

Key financials compared side by side

Margin Composition

FCF Margin39.2%
Net Margin27.1%
Operating CF Margin40.0%
CapEx Ratio0.9%

Balance Sheet Health

Debt, liquidity, and leverage snapshot

Net Cash-$10.3BNet debt position
Debt / FCF2.1xManageable debt load
Current Ratio0.85Tight liquidity
Debt / Equity0.36Low leverage

Quarterly FCF Trend

+3.5% YoYStable (+3.5%)

Free cash flow per quarter

Sector Comparison — Financials

FCF Margin ranked against sector peers

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Detailed Metrics

Company NameS&P Global Inc.
SectorFinancials
Free Cash Flow$5.6B
Revenue$14.2B
Net Income$3.9B
Operating Cash Flow$5.7B
Capital Expenditure$124.0M
FCF Margin39.2%
Cash Conversion Rate147.7%
Net Margin27.1%
Total Debt$11.9B
Total Cash$1.7B
Net Cash-$10.3B
Current Ratio0.85
Debt / Equity0.36
Debt / FCF2.1x
YoY FCF Growth+3.5%
Positive Quarters5 of 5
Trend DirectionStable
Report DateDec 31, 2024
GradeA
Data SourceYahoo Finance

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