Buyback yield (TTM)
6.86%
Shareholder yield (TTM)
7.87%
5Y share count change
26.0%
Buyback spend (TTM)
$7.8B
Cumulative buybacks
$40.7B
Key takeaways
- S&P Global (SPGI) repurchased about $7.8B of stock over the trailing twelve months.
- Diluted share count is up 26.0% over the last ~5 fiscal years — equity issuance and stock-based compensation are outpacing repurchases.
- TTM buyback ÷ stock-based-comp ratio of 42.63× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at +33.9% per year over the latest 5-year window.
- TTM repurchases used about 177% of free cash flow remaining after dividends.
Dividend & buyback yield over time for S&P Global (SPGI)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for S&P Global (SPGI)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for S&P Global (SPGI)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for S&P Global (SPGI)
Latest: $5B
Overview
The 2025 reading of S&P Global (SPGI) buyback spend is $5B – surged 51.5% year-over-year.
S&P Global buyback spend has grown on net over the period, with a +33.9% compound annual growth rate over 2020–2025 (5 years).
Between 2022 and 2025, S&P Global buyback spend plunged 58.3%, falling from $12B to $5B.
2022 marks the peak buyback spend at $12B, with the historical low of $0.00 recorded in 1989.
S&P Global Buyback Spend 2025: $5B
In 2025, S&P Global reported buyback spend of $5B, surged 51.5% from 2024.
S&P Global Buyback Spend 2024: $3.3B
S&P Global buyback spend in 2024 was $3.3B, edged up 0.0% from 2023.
S&P Global Buyback Spend 2023: $3.3B
2023's buyback spend for S&P Global came in at $3.3B, plunged 72.5% below 2022.
S&P Global Buyback Spend 2022: $12B
S&P Global buyback spend in 2022 was $12B.
S&P Global Buyback Spend 2021: $0.00
S&P Global buyback spend in 2021 was $0.00.
See more financial history for S&P Global (SPGI).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $5B | $236M | $4.77B | 3.17% | 305M | -2.2% | |
| 2024 | $3.3B | $247M | $3.05B | 2.13% | 312M | -2.2% | |
| 2023 | $3.3B | $171M | $3.13B | 2.38% | 319M | +0.1% | |
| 2022 | $12B | $214M | $11.8B | 11.06% | 319M | +31.7% | |
| 2021 | $0.00 | $122M | -$122M | — | 242M | -0.1% | |
| 2020 | $1.16B | $90M | $1.07B | 1.47% | 242M | -1.9% | |
| 2019 | $1.31B | $78M | $1.23B | 1.96% | 247M | -2.5% | |
| 2018 | $1.66B | $94M | $1.57B | 3.92% | 253M | -2.2% | |
| 2017 | $1B | $99M | $902M | 2.32% | 259M | -2.4% | |
| 2016 | $1.12B | $76M | $1.05B | 4.03% | 265M | -3.4% | |
| 2015 | $974M | $78M | $896M | 3.68% | 275M | +1.1% | |
| 2014 | $362M | $100M | $262M | 1.50% | 272M | -3.0% | |
| 2013 | $978M | $99M | $879M | 4.63% | 280M | -1.7% | |
| 2012 | $295M | $93M | $202M | 1.94% | 285M | -6.3% | |
| 2011 | $1.5B | $97M | $1.4B | 12.00% | 304M | -2.8% | |
| 2010 | $256M | $66.5M | $190M | 2.30% | 312M | -0.3% | |
| 2009 | $0.00 | $22.3M | -$22.3M | — | 313M | -1.7% | |
| 2008 | $447M | $1.93M | $445M | 6.19% | 319M | -7.6% | |
| 2007 | $2.21B | $0.00 | $2.21B | 15.79% | 345M | -6.0% | |
| 2006 | $1.54B | $0.00 | $1.54B | 6.45% | 367M | -4.0% | |
| 2005 | $678M | $0.00 | $678M | 3.57% | 382M | -0.9% | |
| 2004 | $409M | $0.00 | $409M | 2.36% | 386M | +0.4% | |
| 2003 | $216M | $0.00 | $216M | 1.64% | 384M | -1.4% | |
| 2002 | $183M | $0.00 | $183M | 1.59% | 390M | -0.8% | |
| 2001 | $176M | $0.00 | $176M | 1.52% | 393M | +0.2% | |
| 2000 | $168M | $0.00 | $168M | — | 392M | -1.3% | |
| 1999 | $174M | $0.00 | $174M | — | 397M | -0.3% | |
| 1998 | $106M | $0.00 | $106M | — | 398M | +0.0% | |
| 1997 | $79.9M | $0.00 | $79.9M | — | 398M | -0.4% | |
| 1996 | $63.3M | $0.00 | $63.3M | — | 400M | — | |
| 1995 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1994 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1993 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1992 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1991 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1990 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1989 | $0.00 | $0.00 | $0.00 | — | — | — |
- 2025$5B
- 2024$3.3B
- 2023$3.3B
- 2022$12B
- 2021$0.00
- 2020$1.16B
- 2019$1.31B
- 2018$1.66B
- 2017$1B
- 2016$1.12B
- 2015$974M
- 2014$362M
- 2013$978M
- 2012$295M
- 2011$1.5B
- 2010$256M
- 2009$0.00
- 2008$447M
- 2007$2.21B
- 2006$1.54B
- 2005$678M
- 2004$409M
- 2003$216M
- 2002$183M
- 2001$176M
- 2000$168M
- 1999$174M
- 1998$106M
- 1997$79.9M
- 1996$63.3M
- 1995$0.00
- 1994$0.00
- 1993$0.00
- 1992$0.00
- 1991$0.00
- 1990$0.00
- 1989$0.00
Buybacks vs stock-based compensation for S&P Global (SPGI)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 42.63×.
Buybacks vs dividends (share of cash returned) for S&P Global (SPGI)
How S&P Global splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as S&P Global, ranked by their latest buyback spend.
| $34.6B | |
| $24.1B | |
| $19.5B | |
| $13.4B | |
| $12.4B | |
| $11.7B | |
| $5.84B | |
| $0.00 |
- $34.6B
- $24.1B
- $19.5B
- $13.4B
- $12.4B
- $11.7B
- $5.84B
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $4.42B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation
- Buybacks6.86% TTM
- Dividend Profile0.92% yield
- Dividend Calculator
- Dividend Forecast
- Dividend Capture
- Stock Split History4 splits
How this company returns cash to shareholders — buybacks, dividends, and stock splits.