Buyback yield (TTM)
6.29%
Shareholder yield (TTM)
7.21%
5Y share count change
26.0%
Buyback spend (TTM)
$7.95B
Cumulative buybacks
$40.68B
Key takeaways
- S&P Global (SPGI) repurchased about $7.95B 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 34.88× — 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 181% 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: $5.00B
Overview
The 2025 reading of S&P Global (SPGI) buyback spend is $5.00B – 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 $12.00B to $5.00B.
2022 marks the peak buyback spend at $12.00B, with the historical low of $0.00 recorded in 1989.
S&P Global Buyback Spend 2025: $5.00B
In 2025, S&P Global reported buyback spend of $5.00B, surged 51.5% from 2024.
S&P Global Buyback Spend 2024: $3.30B
S&P Global buyback spend in 2024 was $3.30B, edged up 0.0% from 2023.
S&P Global Buyback Spend 2023: $3.30B
2023's buyback spend for S&P Global came in at $3.30B, plunged 72.5% below 2022.
S&P Global Buyback Spend 2022: $12.00B
S&P Global buyback spend in 2022 was $12.00B.
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 | $5.00B | $236.00M | $4.76B | 3.17% | 0.31B | -2.2% | |
| 2024 | $3.30B | $247.00M | $3.05B | 2.13% | 0.31B | -2.2% | |
| 2023 | $3.30B | $171.00M | $3.13B | 2.38% | 0.32B | +0.1% | |
| 2022 | $12.00B | $214.00M | $11.79B | 11.06% | 0.32B | +31.7% | |
| 2021 | $0.00 | $122.00M | −$122.00M | — | 0.24B | -0.1% | |
| 2020 | $1.16B | $90.00M | $1.07B | 1.47% | 0.24B | -1.9% | |
| 2019 | $1.31B | $78.00M | $1.23B | 1.96% | 0.25B | -2.5% | |
| 2018 | $1.66B | $94.00M | $1.57B | 3.92% | 0.25B | -2.2% | |
| 2017 | $1.00B | $99.00M | $902.00M | 2.32% | 0.26B | -2.4% | |
| 2016 | $1.12B | $76.00M | $1.05B | 4.03% | 0.27B | -3.4% | |
| 2015 | $974.00M | $78.00M | $896.00M | 3.68% | 0.27B | +1.1% | |
| 2014 | $362.00M | $100.00M | $262.00M | 1.50% | 0.27B | -3.0% | |
| 2013 | $978.00M | $99.00M | $879.00M | 4.63% | 0.28B | -1.7% | |
| 2012 | $295.00M | $93.00M | $202.00M | 1.94% | 0.28B | -6.3% | |
| 2011 | $1.50B | $97.00M | $1.40B | 12.00% | 0.30B | -2.8% | |
| 2010 | $256.00M | $66.48M | $189.51M | 2.30% | 0.31B | -0.3% | |
| 2009 | $0.00 | $22.27M | −$22.27M | — | 0.31B | -1.7% | |
| 2008 | $447.23M | $1.93M | $445.30M | 6.19% | 0.32B | -7.6% | |
| 2007 | $2.21B | $0.00 | $2.21B | 15.79% | 0.34B | -6.0% | |
| 2006 | $1.54B | $0.00 | $1.54B | 6.45% | 0.37B | -4.0% | |
| 2005 | $677.66M | $0.00 | $677.66M | 3.57% | 0.38B | -0.9% | |
| 2004 | $409.35M | $0.00 | $409.35M | 2.36% | 0.39B | +0.4% | |
| 2003 | $216.36M | $0.00 | $216.36M | 1.64% | 0.38B | -1.4% | |
| 2002 | $183.11M | $0.00 | $183.11M | 1.59% | 0.39B | -0.8% | |
| 2001 | $176.47M | $0.00 | $176.47M | 1.52% | 0.39B | +0.2% | |
| 2000 | $167.61M | $0.00 | $167.61M | — | 0.39B | -1.3% | |
| 1999 | $173.80M | $0.00 | $173.80M | — | 0.40B | -0.3% | |
| 1998 | $105.60M | $0.00 | $105.60M | — | 0.40B | +0.0% | |
| 1997 | $79.90M | $0.00 | $79.90M | — | 0.40B | -0.4% | |
| 1996 | $63.30M | $0.00 | $63.30M | — | 0.40B | — | |
| 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$5.00B
- 2024$3.30B
- 2023$3.30B
- 2022$12.00B
- 2021$0.00
- 2020$1.16B
- 2019$1.31B
- 2018$1.66B
- 2017$1.00B
- 2016$1.12B
- 2015$974.00M
- 2014$362.00M
- 2013$978.00M
- 2012$295.00M
- 2011$1.50B
- 2010$256.00M
- 2009$0.00
- 2008$447.23M
- 2007$2.21B
- 2006$1.54B
- 2005$677.66M
- 2004$409.35M
- 2003$216.36M
- 2002$183.11M
- 2001$176.47M
- 2000$167.61M
- 1999$173.80M
- 1998$105.60M
- 1997$79.90M
- 1996$63.30M
- 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: 34.88×.
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.
| $34.59B | |
| $24.10B | |
| $19.52B | |
| $13.39B | |
| $12.36B | |
| $11.73B | |
| $5.83B | |
| $0.00 |
- $34.59B
- $24.10B
- $19.52B
- $13.39B
- $12.36B
- $11.73B
- $5.83B
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 $4.39B (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