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

S&P Global is a well-diversified financial company with a strong market position and a wide-moat business model. Growth headwinds have impacted the company, but it is expected to see improvement in FY24. SPGI nearly fell into a bear market from its July highs as investors assessed higher execution risks from surging bond yields.

S&P Global: Top-Notch, Wide-Moat, And Highly Profitable - It Might Never Be Cheap

SOUTHFIELD, Mich. , Oct. 5, 2023 /PRNewswire/ -- Ending consecutive periods of year-over-year declines, brand loyalty movement among U.S consumers halted in the first half of 2023, according to S&P Global Mobility analysis of new vehicle registration data.

Automotive Loyalty Rates Stall Despite Volume Increases, according to S&P Global Mobility

NEW YORK , Oct. 5, 2023 /PRNewswire/ -- S&P Global's (NYSE: SPGI) third quarter 2023 results will be issued on Thursday, November 2, 2023 via news release at approximately 7:15 a.m. Eastern Daylight Time.

S&P Global Schedules Third Quarter 2023 Earnings Announcement and Conference Call for Thursday, November 2, 2023

Q3 2023 U.S. common dividend increases were $18.0 billion, up 84.0% from $9.8 billion in Q2 2023 and down 5.7% from $19.1 billion in Q3 2022. Q3 2023 U.S. common dividend decreases were $9.2 billion, up 66.5% from $5.5 billion in Q2 2023, and up 552% from $1.4 billion in Q3 2022.

S&P Dow Jones Indices Reports U.S. Common Indicated Dividend Payments Increase $8.8 Billion in Q3 2023, as the 12-month Gains $37.5 Billion

Four new Credit Volatility Indices (Credit VIX) developed based on Cboe's proprietary VIX® Index methodology and S&P Dow Jones Indices' CDX and iTraxx Indices Designed to provide a VIX Index-like measure for credit market volatility  New indices added to Cboe's growing volatility index suite CHICAGO, Oct. 3, 2023 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, and S&P Dow Jones Indices (S&P DJI), the world's leading index provider, today announced plans to launch four new Credit Volatility Indices (Credit VIX) on Friday, October 13, 2023. Credit Volatility Indices (Credit VIX) CDX/Cboe NA High Yield 1-Month Volatility Index (ticker symbol:  VIXHY) CDX/Cboe NA Investment Grade 1-Month Volatility Index (ticker symbol: VIXIG) iTraxx/Cboe Europe Main 1-Month Volatility Index (ticker symbol: VIXIE) iTraxx/Cboe Europe Crossover 1-Month Volatility Index (ticker symbol: VIXXO) This new series of indices, jointly developed by Cboe Labs, the company's product innovation hub, and S&P DJI, are based on Cboe's proprietary VIX® Index methodology and S&P DJI's CDX and iTraxx Indices and aim to track the expected level of volatility across the North American and European credit markets.

Cboe Global Markets and S&P Dow Jones Indices to Launch New Credit VIX Indices on October 13

NEW YORK , Oct. 3, 2023 /PRNewswire/ -- S&P Global Market Intelligence, a provider of information services and solutions to global markets, announced today the latest updates to its S&P Capital IQ Pro platform to include enriched content accessibility, improved personalization and an artificial intelligence (AI)-enabled search experience. "Over the past 18 months, we have introduced a significant array of new content to S&P Capital IQ Pro, bringing fixed income, private markets, fundamentals, sustainability and economic data from the merger with IHS Markit onto this flagship platform," said Warren Breakstone, Head of Desktop & Channel Solutions at S&P Global Market Intelligence.

S&P Capital IQ Pro's New Upgrade Enhances Content Accessibility, Improves Personalization and Delivers AI-Enabled Search Experience

Solution brings together S&P Global Market Intelligence credit and location risk data, S&P Global ESG scores developed by S&P Global Sustainable1 and cybersecurity data from SecurityScorecard NEW YORK , Oct. 2, 2023 /PRNewswire/ -- S&P Global Market Intelligence, a provider of information services and solutions to global markets, today announced the launch of Supplier Risk Indicator™, a new solution that offers an integrated view of supplier risk across core risk dimensions. The solution provides a single, comprehensive risk indicator based on three risk dimensions: resilience, conduct and information security.

S&P Global Market Intelligence Launches Supplier Risk Indicator™ with Coverage for 12 Million Organizations

S&P Global (SPGI) is poised to grow due to acquisitions, innovation, and strong cash flow. Decreasing liquidity position is a concern.

Buyouts and Shareholder-Friendly Policies Aid S&P Global (SPGI)

Link and BECRS work together to provide precise entity mapping and data enrichment, allowing customers a complete view of their data landscape CAMBRIDGE, Mass. , Oct. 2, 2023 /PRNewswire/ -- Kensho Technologies , a company of S&P Global, today announced a significant enhancement to its Kensho Link solution with the integration of S&P Global Market Intelligence's Business Entity Cross Reference Service (BECRS) dataset.

Kensho Technologies Streamlines Client Data Management by Integrating its Link AI Solution with S&P Global Market Intelligence's Cross Reference Service Dataset, BECRS

New API will standardize how aM's technology integrates with various industry partners NEW YORK , Sept. 28, 2023 /PRNewswire/ -- automotiveMastermind  (aM), part of S&P Global Mobility and the leading provider of predictive analytics and marketing automation solutions for dealerships, has introduced an API that allows OEMs, dealer groups, digital retailers and customer data platforms (CDPs) to integrate with Mastermind, aM's automated sales and marketing platform.

automotiveMastermind Introduces API for OEMs, Dealer Groups, Digital Retailers & CDPs

NEW YORK , Sept. 28, 2023 /PRNewswire/ -- S&P Global today announced that five senior executives have been recognized on the 2023 Heroes Role Model Lists.

S&P Global Senior Executives Featured on 2023 Heroes Role Model Lists for Advancing Gender Diversity in the Workplace

Finalists represent 33 different countries from Europe, Asia, and the Americas  Excellence in Energy Conference to focus on "Transforming Innovation into Profitability" on December 6, 2023  - Winners to be announced on December 7, 2023, in New York City at Black-Tie Gala -   NEW YORK , Sept. 27, 2023 /PRNewswire/ -- Companies and individuals from 33 countries have been selected as finalists for the Platts Global Energy Awards program, now in its 25th year as the industry's premier recognition event.

Finalists Announced for the 25th Annual Platts Global Energy Awards

Demand remains static, with current events casting a shadow over potential Q4 momentum SOUTHFIELD, Mich. , Sept. 26, 2023 /PRNewswire/ -- US light vehicle sales in September should remain relatively unchanged from the month-prior result, according to S&P Global Mobility, which projects sales volume of 1.30 million units for the month.

S&P Global Mobility: September US auto sales reflect pressures of current market conditions; projection of 1.3 million units

NEW YORK , Sept. 25, 2023 /PRNewswire/ -- S&P Dow Jones Indices (S&P DJI), the world's leading index provider, and Cboe Global Markets, Inc. (Cboe), today announced the upcoming launch of the Cboe S&P 500 Dispersion Index (Dispersion Index or DSPX), the first-of-its-kind to measure the expected dispersion in the S&P 500 Index.

S&P Dow Jones Indices and Cboe Global Markets to Launch the Cboe S&P 500 Dispersion Index

Platts Connect combines world-class benchmarks, data and insights with increased personalization and advanced technology NEW YORK and LONDON , Sept. 25, 2023 /PRNewswire/ -- S&P Global Commodity Insights today announced the launch of Platts Connect, a new web-based content application that combines the company's world-leading benchmarks, data, and insights in a single, customizable interface for professionals in the energy and commodities markets.

S&P Global Commodity Insights Launches Platts Connect for Energy and Commodity Markets

The era of peak hype has passed, but forecasters still see long-term adoption in certain segments that benefit from today's rise in automated driving technology SOUTHFIELD, Mich. , Sept. 25, 2023 /PRNewswire/ -- A world of self-driving vehicles and mobility-on-demand is likely to exist eventually, but for the next decade, widespread implementation of autonomous technology will not be realized, according to a new forecast from S&P Global Mobility.

Autonomous Vehicle Reality Check: Widespread Adoption Remains at Least a Decade Away, according to S&P Global Mobility

Archer-Daniels-Midland Company

There is just one requirement for a stock to gain entrance into the Dividend Kings: a company must increase its dividend for at least 50 consecutive years.

2 Dividend Kings Providing Safe and Secure Income

Platts and REsurety Collaborate to bring transparency to the carbon intensity of individual Renewable Energy Certificates and the associated pricing NEW YORK , Sept. 18, 2023 /PRNewswire/ -- Platts, part of S&P Global Commodity Insights, the leading independent provider of information, analytics and benchmark prices for the commodities and energy markets, today announced it is launching first-of-kind price assessments for Emissions-Adjusted (EA) Renewable Energy Certificates (RECs) through a collaborative data-licensing agreement with clean energy data-driven solutions provider REsurety.

S&P Global Commodity Insights to Launch First-of-Kind Emissions-Adjusted Price Assessments for Renewable Energy Certificates (RECs)

Most U.S. States Have More Auto Accidents in Fall Than In Any Other Season CENTREVILLE, Va. , Sept. 18, 2023 /PRNewswire/ -- Tens of millions of U.S. drivers are heading this week directly into Danger Season – the time when auto crashes occur most often where they live, CARFAX data shows.

CARFAX DATA: AUTUMN IS THE MOST DANGEROUS SEASON FOR AUTO ACCIDENT DAMAGE IN U.S.

Ratings agency publishes integrated analytical approach following acquisition of Shades of Green to support transparency in sustainable debt market. LONDON , Sept.

S&P Global Ratings launches updated Second Party Opinions featuring Shades of Green

Increasing oil prices push up transportation costs to their highest since February Excess supplier capacity reflects a persistent subdued economic environment, with Europe at the epicenter of the downturn In contrast, resilience seen in Asia, driven by demand rising strongly in India, Indonesia and Vietnam More European and North American manufacturers are reporting a rise in backlogs due to staff shortages CLARK, N.J. , Sept. 13, 2023 /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 — recorded -0.18 in August (vs.

WEAK GLOBAL DEMAND AND SPARE CAPACITY AT GLOBAL SUPPLIERS PERSIST IN AUGUST AS GLOBAL ECONOMY FLIRTS WITH RECESSION: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

S&P 500 Q2 2023 buybacks were $174.9 billion, down 18.8% from Q1 2023's $215.5 billion and down 20.4% from the Q2 2022 $219.6 billion The 12-month June 2023 expenditure of $812.5 billion was down 19.2% from the record $1.005 trillion expenditure of June 2022 Financials pulled back to $32.7 billion after increasing to $46.9 billion in Q1 2023 from their 36.3% pullback in 2022 over concerns in banking and regulation; Information Technology regained the lead spending $47.1 billion in Q2 2023 Energy spent $18.3 billion, representing 10.4% of all buybacks, whereas the sector represented 4.1% of the market value, with Exxon and Chevron both placing on the top five list for the quarter The new net buyback 1% excise tax, which started in 2023, reduced Q2 2023 operating earnings by 0.34% (0.45% in Q1 2023) and As Reported GAAP by 0.38% (0.49%) NEW YORK , Sept. 12, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") announced today preliminary S&P 500® stock buybacks, or share repurchases, data for Q2 2023.

S&P 500 Q2 2023 Buybacks Decline 18.8%, As Sector Expenditures Shift Again; Buyback Tax Reduced Operating Earnings by 0.34%

New solution streamlines entity due diligence process NEW YORK , Sept. 12, 2023 /PRNewswire/ -- S&P Global Market Intelligence, a provider of information services and solutions to global markets, today announced the launch of Entity Insights, a new solution to improve efficiency, reduce risk and increase data transparency in the entity due diligence process by automating the manual processes for gathering, analyzing and monitoring entity data.

S&P Global Market Intelligence Launches Entity Insights, a Single-Source Solution with Data for 27 Million Global Entities

Amazon

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Barron's looked for the most popular stocks in the S&P 500 based on analyst ratings that also have rising 2024 earnings estimates.

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S&P Global is on the verge of becoming a dividend king with consistent sales growth and increasing earnings per share. The company operates in diverse segments, providing stability and growth opportunities. However, the competitive landscape and high valuation pose risks, making it a hold until the forward P/E ratio reaches 25.

News for S&P Global Stock (SPGI)