AbstractAnalysis of spawning biomass per‐recruit has been widely adopted in fisheries management. Fishing mortality expressed as spawning potential ratio (SPR) often requires a reference point as an appropriate proxy for the fishing mortality that supports a maximum sustainable yield—FMSY. To date, a single generic level betweenF30%andF40%is routinely used. Using records from stock assessments in the RAM Legacy Database (RAMLD), we confirm that SPR at MSY (SPRMSY) is a declining function of stock productivity quantified byFMSY. We then use general linear models (GLM) and Bayesian errors‐in‐variables models (BEIVM) to show that SPRMSYcan be predicted from life‐history parameters (LHPs, including maximum lifespan, age‐ and length‐at‐maturation, growth parameters, natural mortality, and taxonomicClass) as well as gear selectivity. The calculated SPRMSYranges from about 13% to 95% with a mean of 47%. About 64% of the stocks in the RAMLD require SPRMSY > 40%. Modelling SPRMSYreveals that LHPs plusClassexplain 61% of the deviance in SPRMSY. Faster‐growing, low‐survival, and short‐lived species generally require a high SPR. With equal LHPs, elasmobranchs require about 20% higher SPRMSYthan teleosts. WhenFMSYis estimated from fisheries that harvest older fish, increasing the vulnerable age by one year leads to about an 8% increase in SPRMSY. The BEIVM yields smaller variance and bias than the GLM. The models developed in this study could be used to predict SPRMSYreference points for new stocks using the same LHPs for calculatingFx%, but without knowledge of the stock‐recruitment parameters.