Revenue segments as reported by the company.

Ratings

Market Intelligence

Platts

Indices

Intersegment Elimination

Commodity Insights

Mobility

Engineering Solutions

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Expenses

Gain on dispositions

Equity in Income on Unconsolidated Subsidiaries

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

S&P Global

Standard and Poor's is an American financial services company. It is a division of S&P Global that publishes financial research and analysis on stocks, bonds, and commodities. S&P is known for its stock market indices such as the U.S.-based S&P 500, the Canadian S&P/TSX, and the Australian S&P/ASX 200. S&P is considered one of the Big Three credit-rating agencies, which also include Moody's Investors Service and Fitch Ratings. Its head office is located on 55 Water Street in Lower Manhattan, New York City.

Standard and Poor's

S&P Global, Inc. engages in the provision of transparent and independent ratings, benchmarks, analytics, and data to the capital and commodity markets worldwide. It operates through the following segments: Market Intelligence, Ratings, Commodity Insights, Mobility, Indices, and Engineering Solutions. The Market Intelligence segment provides multi-asset-class data and analytics integrated with purpose-built workflow solutions. The Ratings segment is involved in credit ratings, research, and analytics, offering investors and other market participants information, ratings, and benchmarks. The Commodity Insights segment focuses on information and benchmark prices for the commodity and energy markets. The Mobility segment offers solutions serving the full automotive value chain including vehicle manufacturers, automotive suppliers, mobility service providers, retailers, consumers, and finance and insurance companies. The Engineering Solutions segment engages in advanced knowledge discovery technologies, research tools, and software-based engineering decision engines to advance innovation, maximize productivity, improve quality, and reduce risk. The company was founded by James H. McGraw and John A. Hill in 1917 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

S&P Global projects solid growth amidst revenue challenges and opportunities

S&P Global's financial performance remains strong with a focus on innovation and efficiency
Challenges in ratings revenue offset by growth in other business segments
Opportunities lie in expanding ESG revenue, strategic partnerships, and M&A activity
Overall, S&P Global is well-positioned for growth and resilience in evolving markets

S&P Global reports Q1 revenue growth and focuses on sustainability

S&P Global's Q1 2023 performance showed revenue growth and increased adjusted EPS.
The company's strengths lie in customer focus, sustainability products, and diverse revenue streams.
Challenges include market volatility, declining bond issuance, and potential impacts on lending.
Opportunities exist in new product initiatives, revenue synergies, and global product expansion.

S&P Global reports strong Q2 growth, eyes AI and sustainability

S&P Global's Q2 performance showed revenue growth and positive outlook across divisions. The company's focus on innovation, AI, and sustainability drives customer engagement and growth potential. Challenges in expense management and sustainability trends are being addressed with strategic investments.

S&P Global excels in Q3 with raised guidance and strategic focus

S&P Global's Q3 performance reflects robust revenue growth, margin improvement, and strategic focus on key growth areas
Strengths lie in the Vitality Index success, progress on AI initiatives, and revenue growth across all divisions
Challenges include managing expenses, navigating market transformations, and sustaining innovation post-merger
Opportunities abound in private markets, sustainability, new product launches, and leveraging synergies for growth

S&P Global exceeds Q4 targets, eyes AI growth opportunities

S&P Global's Q4 2023 Earnings Call highlighted strong financial performance, revenue growth, and strategic initiatives like AI and product innovation.
Despite challenges like expense impacts and leadership transitions, the company remains optimistic about growth opportunities and revenue diversification.
Opportunities in generative AI, new product launches, and revenue synergies from mergers position S&P Global for continued success in 2024 and beyond.
Balancing efficiency, margin expansion, and strategic focus areas like sustainability and private markets will be key for S&P Global's growth trajectory.

S&P Global achieves record revenue in Q1 2024 earnings call

S&P Global's Q1 2024 showcased robust financial performance, marked by record revenue and significant margin expansion. The company faces challenges in managing expenses amidst growth but has opportunities in AI initiatives and the evolving mobility sector. Capitalizing on vibrant capital markets and revenue synergies, S&P Global is poised for continued success.

S&P Global reports record earnings, appoints new CEO

S&P Global delivered strong Q2 results with accelerated revenue growth and margin expansion
Strategic investments in generative AI and private market ratings drove revenue synergies
Raised financial guidance reflects confidence in future performance and market leadership
Smooth CEO succession plan announced with Martina Cheung appointed as new CEO

S&P Global reports stellar Q3 results, eyes growth opportunities

S&P Global delivered exceptional financial results in Q3 2024, with strong revenue growth and margin expansion. While facing challenges in the Financial Services segment, the company is capitalizing on opportunities through enhanced products and strategic initiatives.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Evaluate the expected performance of S&P Global (SPGI) for the quarter ended March 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Insights Into S&P Global (SPGI) Q1: Wall Street Projections for Key Metrics

S&P Global (SPGI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

S&P Global (SPGI) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Archer-Daniels-Midland Company

Medtronic

Although dividend investing has plenty of research backing its efficacy, it's a slow burn. Further, it may incur high opportunity costs during broad-market rallies, such as what we saw during the bull in the Nasdaq last year.

Cash Burn: 3 Dividend Aristocrats to Dump for Buyback Plays

NEW YORK , April 16, 2024 /PRNewswire/ -- S&P Global Commodity Insights announces the call for nominations for the Platts Global Energy Awards program, now in its 26th year. Nominations will be accepted through July 25, 2024, and finalists will be announced on the awards website on September 5, 2024.

Nominations Open for the S&P Global Commodity Insights 2024 Platts Global Energy Awards

NEW YORK , April 16, 2024 /PRNewswire/ -- Higher credit costs are expected to serve as a modest headwind to U.S. bank earnings this year, according to S&P Global Market Intelligence's newly released U.S. Bank Market Report. U.S. bank earnings are expected to dip 2.8 percent year-over-year, excluding the purchase gains associated with the three failed bank acquisitions in 2023, as modest margin pressure and notably higher credit costs prevent earnings growth.

S&P Global Market Intelligence U.S. Bank Market Report Finds Earnings are Expected to Fall 2.8% year-over-year in 2024, but Rebound Strongly in 2025

S&P Global (SPGI) is banking on its cost synergies, timing and prioritizing of strategic investments.

S&P Global (SPGI) Rises 22% in a Year: What You Should Know

North American suppliers struggling to meet orders due to a lack of staff Manufacturing recession in Europe eases in March, but steep downturn in Germany remains a major drag on the continent Despite Red Sea and Panama Canal disruptions, transportation costs and stockpiling fell in March because of decreases in container rates CLARK, N.J. , April 12, 2024 /PRNewswire/ -- The GEP Global Supply Chain Volatility Index — a leading indicator tracking demand conditions, shortages, transportation costs, inventories and backlogs based on a monthly survey of 27,000 businesses — fell for the first time this year to -0.32 in March, from February's 10-month high of -0.08.

DEMAND AT ASIAN FACTORIES RISES AT STRONGEST RATE IN OVER 2 YEARS, IMPROVING NEAR-TERM GROWTH OUTLOOK FOR MANUFACTURING WORLDWIDE: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

S&P Global's Ratings business is experiencing a strong recovery, with notable revenue growth in FY22 and accelerated growth in FY23. The company's guidance for FY24 may be conservative, and the Ratings business is expected to deliver strong results in Q1 FY24. The strong growth in debt issuance, driven by M&A activities and demand for debt refinancing, will benefit SPGI's Ratings business.

S&P Global: Guidance Raise Is Highly Likely Due To Strong Ratings Growth (Rating Upgrade)

Chipotle

Disney

Con Ed

5 Solid Stocks to Bet On This Earnings Season

LONDON , April 10, 2024 /PRNewswire/ -- S&P Global Ratings is delighted to have won the External Assessment Provider of the year award at Environmental Finance's Sustainable Debt Awards. These annual awards aim to celebrate green, social, sustainable and sustainability-linked bonds and loans deals, as well as recognize market innovations in the growing and evolving field of sustainable finance.

S&P Global Ratings named "External Assessment Provider of the year" at Environmental Finance's Sustainable Debt Awards

S&P Global (SPGI) is benefitting from service launches. It is also expanding through acquisitions amid rising expenses and declining liquidity.

S&P Global (SPGI) Gains From Acquisitions Despite High Expenses

NEW YORK , April 3, 2024 /PRNewswire/ -- S&P Global's (NYSE: SPGI) first quarter 2024 results will be issued on Thursday, April 25, 2024 via news release at approximately 7:15 a.m. Eastern Daylight Time.

S&P Global Schedules First Quarter 2024 Earnings Announcement and Conference Call for Thursday, April 25, 2024

New solution evaluates the effectiveness of large language models (LLMs) for financial and quantitative use cases NEW YORK , April 3, 2024 /PRNewswire/ -- S&P Global (NYSE: SPGI) is proud to announce the launch of S&P AI Benchmarks by Kensho. This innovative benchmarking solution assesses and ranks the quantitative reasoning abilities and expertise of large language models (LLMs) across the business and finance industry.

S&P Global Redefines Financial AI Benchmarking with S&P AI Benchmarks by Kensho (Beta)

Q1 2024 U.S. common dividend increases were $22.7 billion, up 29.5% from $17.5 billion in Q4 2023 and up 14.9% from $19.7 billion in Q1 2023. Q1 2024 U.S. common dividend decreases were $6.7 billion, up 73.3% from $3.9 billion in Q4 2023, and down 33.3% from $10.0 billion in Q1 2023.

S&P Dow Jones Indices Reports U.S. Common Indicated Dividend Payments Increase $16.0 Billion in Q1 2024 Driven by Large-Cap Initiations

NEW YORK , April 1, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") is updating the market capitalization eligibility criteria for additions to the S&P Composite 1500 Indices. Effective April 1, 2024, the size ranges will be updated as follows: Previous Market Capitalization Eligibility Criteria Updated Market Capitalization Eligibility Criteria Unadjusted company market capitalization of: •  US$ 15.8 billion or more for the S&P 500 •  US$ 5.8 billion to US$ 15.8 billion for the S&P MidCap 400 •  US$ 900 million to US$ 5.8 billion for the S&P SmallCap 600 Unadjusted company market capitalization of: •  US$ 18.0 billion or more for the S&P 500 •  US$ 6.7 billion to US$ 18.0 billion for the S&P MidCap 400 •  US$ 1 billion to US$ 6.7 billion for the S&P SmallCap 600 These market capitalization ranges are reviewed at the beginning of every calendar quarter, updated as needed to ensure they reflect current market conditions, and are expressed in dollar ranges.

S&P Dow Jones Indices Announces Update to S&P Composite 1500 Market Cap Guidelines

Inaugural Kuwait PMI ®  to be released April 3, 2024 NEW YORK , April 1, 2024  /PRNewswire/ -- S&P Global Market Intelligence, a provider of information services and solutions to global markets, today announced the launch of the S&P Global Kuwait Purchasing Managers' IndexTM (PMI®). With the addition of the new indicator for Kuwait, S&P Global expands its reach in the Gulf Cooperation Council (GCC), now covering four countries.

S&P Global to Launch S&P Global Kuwait PMI®, Expanding Survey Coverage in GCC

PGT Innovations

NEW YORK , March 26, 2024 /PRNewswire/ -- Roivant Sciences Ltd (NASD:ROIV) will replace Sunrun Inc. (NASD:RUN) in the S&P MidCap 400, and Sunrun will replace PGT Innovations Inc. (NYSE:PGTI) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, April 1. MITER Brands is acquiring PGT Innovations in a transaction expected to be completed on or about March 28 pending final conditions.

Roivant Sciences Set to Join S&P MidCap 400; Sunrun to Join S&P SmallCap 600

NEW YORK , March 26, 2024 /PRNewswire/ -- S&P Dow Jones Indices (S&P DJI) today released the January 2024 results for the S&P CoreLogic Case-Shiller Indices. The leading measure of U.S. home prices shows that three out of the 20 major metro markets reported month-over-month price increases.

S&P CORELOGIC CASE-SHILLER INDEX CONTINUES TO TREND UPWARD IN JANUARY 2024

Amazon

-- New Energy Cloud Collaboration Facilitates Artificial Intelligence and Machine Learning Tools through S&P Global Data and Software -- NEW YORK , March 26, 2024 /PRNewswire/ -- S&P Global Commodity Insights, the leading independent provider of information, data, analysis, benchmark prices and workflow solutions for the commodities, energy, metals and energy transition markets, today announced it will work with Amazon Web Services (AWS), an Amazon Inc. company (NASDAQ: AMZN), to provide access to a holistic set of upstream data for the energy industry. Making this data available will help energy companies accelerate their digital transformation and facilitate S&P Global Commodity Insights development of cloud-based AI and machine learning tools in the oil and gas industry.

S&P Global Commodity Insights and Amazon Web Services Empower Digital Transformation in Upstream Oil & Gas Industry

S&P Global Mobility projects that US auto sales in March will crest over 1.4 million units – just the second time since May 2021 that monthly volume has reached this level. SOUTHFIELD, Mich.

S&P Global Mobility: March 2024 US auto sales reflect uneasy progress

Callon Petroleum

NEW YORK , March 25, 2024 /PRNewswire/ -- AppFolio Inc. (NASD:APPF) will replace Inari Medical Inc. (NASD:NARI) in the S&P MidCap 400, and Inari Medical will replace Callon Petroleum Co. (NYSE:CPE) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, April 1. S&P 500 constituent APA Corp. (NASD:APA) is acquiring Callon Petroleum in a transaction expected to be completed on or about that date pending final conditions.

AppFolio Set to Join S&P MidCap 400; Inari Medical to Join S&P SmallCap 600

New beyond-the-color-wheel measures bring greater transparency to hydrogen markets -  New tool kit aims to help unlock hydrogen's full potential as fuel alternative & important driver of energy transition  - CHICAGO and NEW YORK , March 25, 2024 /PRNewswire/ -- The Open Hydrogen Initiative, unveils a first-of-kind open-source tool kit aimed at furthering transparency into the environmental impact of hydrogen production and helping unlock hydrogen's full potential as a fuel alternative and important driver of energy transition, as announced by its founding partners GTI Energy and S&P Global Commodity Insights and a cohort of collaborators from a diverse field of industry and scientist experts worldwide. This industry-leading toolkit for measuring carbon intensity is available on an open-source basis.

Open Hydrogen Initiative Unveils Open-Source Tool Kit to Measure Hydrogen's Carbon Intensity at Facility Level to Aid Marketplace Development

NEW YORK , March 21, 2024 /PRNewswire/ -- S&P Global Market Intelligence announced today that research from Robert W. Baird & Co. Incorporated (Baird), ranked among the top investment research providers in America, will be available exclusively on an embargoed basis to S&P Global Market Intelligence's clients.

S&P Global Market Intelligence Becomes Exclusive Provider of Baird Aftermarket Research

Virtual-only meeting at 8:30 a.m. (EDT) NEW YORK , March 21, 2024 /PRNewswire/ -- S&P Global (NYSE: SPGI) will hold its Annual Meeting of Shareholders on May 1, 2024 at 8:30 a.m.

S&P Global 2024 Annual Meeting of Shareholders to be held on May 1

National Survey Rewards Company's People-First Culture for 3rd Straight Year CENTREVILLE, Va. , March 20, 2024 /PRNewswire/ -- For the third straight year, CARFAX has earned the 2024 Top Workplaces USA Award for creating a culture that puts its people first.

News for S&P Global Stock (SPGI)