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

SPGI reports impressive revenue growth of 16% in Q2, driven by the Ratings Division and the successful integration of IHS Markit. S&P Global raises full-year financial guidance, expecting revenue growth of 8-10% and adjusted operating margin expansion. Stock valuation at a high P/E ratio of 36x, suggesting a Hold rating with potential buying opportunities during corrections of 15% or more.

S&P Global Hits A Grand Slam, But Valuation Matters

S&P Global Inc. beat second-quarter earnings estimates, with its revenue and earnings per share exceeding expectations. The company's diversified revenue streams, including indices, mobility, commodity insights, ratings, and market intelligence, contribute to its growth potential. Refinancing opportunities might occur in the short term, while long-term growth in the firm's mobility and market intelligence units is likely.

S&P Global Q2 Earnings: Upward And Onward

S&P Global Inc. raised full-year revenue guidance to 8%-10% in Q2 FY24, with 33% growth in the Ratings business. Strong recovery in bond insurance and robust growth in all types of debts drove the company's performance. Forecasting 11.4% revenue growth for FY24, with a fair value of $550 per share and potential downside risk due to the CEO succession plan.

S&P Global Q2: Rating Recovery And Guidance Raise

S&P Global's (SPGI) second-quarter 2024 earnings and revenues increase year over year.

S&P Global (SPGI) Q2 Earnings & Revenues Beat Estimates

S&P Global Inc. (NYSE:SPGI ) Q2 2024 Earnings Conference Call July 30, 2024 8:30 AM ET Company Participants Mark Grant - SVP of IR Doug Peterson - President & CEO Chris Craig - Interim CFO Martina Cheung - President, S&P Global Ratings Conference Call Participants Ashish Sabadra - RBC Capital Markets Manav Patnaik - Barclays George Tong - Goldman Sachs Faiza Alwy - Deutsche Bank Heather Balsky - Bank of America Toni Kaplan - Morgan Stanley Alex Kramm - UBS Scott Wurtzel - Wolfe Research Thomas Roesch - William Blair Owen Lau - Oppenheimer Craig Huber - Huber Research Partners Andrew Steinerman - JPMorgan Jeffrey Meuler - Baird Jeffrey Silber - BMO Capital Markets Russell Quelch - Redburn Atlantic Surinder Thind - Jefferies Operator Good morning, and welcome to S& P Global's Second Quarter 2024 Earnings Conference Call. I'd like to inform you that this call is being recorded for broadcast.

S&P Global Inc. (SPGI) Q2 2024 Earnings Call Transcript

Although the revenue and EPS for S&P Global (SPGI) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

S&P Global (SPGI) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

S&P Global (SPGI) came out with quarterly earnings of $4.04 per share, beating the Zacks Consensus Estimate of $3.67 per share. This compares to earnings of $3.12 per share a year ago.

S&P Global (SPGI) Tops Q2 Earnings and Revenue Estimates

NEW YORK , July 30, 2024 /PRNewswire/ -- S&P Global (NYSE: SPGI) today reported second quarter 2024 results. The Company's earnings release and supplemental materials are available at http://investor.spglobal.com/Quarterly-Earnings.

S&P Global Reports Second Quarter Results

S&P Global (SPGI) could produce exceptional returns because of its solid growth attributes.

Is S&P Global (SPGI) a Solid Growth Stock? 3 Reasons to Think "Yes"

Does S&P Global (SPGI) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why S&P Global (SPGI) is a Great Choice

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

Seeking Clues to S&P Global (SPGI) Q2 Earnings? A Peek Into Wall Street Projections for Key Metrics

Adobe

Amazon

Booking Hlds

Chipotle

Costco

Alphabet

Home Depot

LVMH Moet Hennessy Louis Vuitton

Mastercard

MercadoLibre

NVIDIA

SPDR S&P 500 ETF Trust

Tesla

Visa

The market has been running hot in 2024, with S&P 500 up 13.9% year-to-date. Market experienced its first 2% or more pullback in 356 trading days, yesterday. Investors should be cautious with earnings season in full-swing amidst sky-high expectations and lofty valuations.

Market Turmoil: 12 Blue-Chips To Buy If The Market Keeps Dropping

S&P Global's (SPGI) second-quarter 2024 top line is likely to have gained from a rise in revenues across all segments.

S&P Global (SPGI) to Report Q2 Earnings: What's in the Offing?

Air Products and Chemicals

Ecolab

General Dynamics

NextEra Energy

Roper Technologies

Target

Dividend aristocrats are stocks with at least 25 years of consecutive annual dividend growth. These “regal” dividend stocks are often considered some of the highest-quality long-term stocks to buy and hold.

7 Dividend Aristocrats Set to Dominate the Next Decade: July 2024

Given the shift of delayed new vehicle purchases which stemmed from the dealer management software cyberattack, the pace of sales in July is expected to realize a notable boost SOUTHFIELD, Mich. , July 24, 2024 /PRNewswire/ -- S&P Global Mobility projects new light vehicle sales volume in July 2024 to reach 1.32 million units, up approximately 1% year over year.

S&P Global Mobility: July sales to realize bounce from June impacts

Apollo Global Management

Avantor Inc.

Hibbett Sports

QuidelOrtho Corp

U.S. Silica Holdings

Schneider National

NEW YORK , July 23, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600: Avantor Inc. (NYSE:AVTR) will replace QuidelOrtho Corp. (NASD:QDEL) in the S&P MidCap 400, and QuidelOrtho will replace Hibbett Inc. (NASD:HIBB) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, July 26. JD Sports Fashion Plc (XLON: JD) is acquiring Hibbett in a deal expected to close soon pending final closing conditions.

Avantor Set to Join S&P MidCap 400; QuidelOrtho & Schneider National to Join S&P SmallCap 600

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) Reports Next Week: Wall Street Expects Earnings Growth

Earnings season has begun, with a focus on credit rating agencies like Standard & Poor's. SPGI is part of an oligopoly with a strong moat, efficient operations, and recurring revenue. S&P Global continually generates billions in FCF thanks to its high-margin business with almost no capex required.

SPGI Earnings: High P/E, But Another Metric Better Reflects The Opportunity

AbbVie

Abbott Labs

Amgen

Lowe's

Nordson

NIKE

Parker-Hannifin

These blue-chip companies have demonstrated strong dividend growth rates ranging from 7.69% to 15.8% annually over the past five years. The list includes diverse sectors such as retail, healthcare, technology, and finance, offering potential for portfolio diversification.

10 Best Dividend Growth Stocks to Buy and Hold Forever

Fortis

Coca-Cola

Dividend Kings are high-end stocks that have raised their dividends annually for at least 50 years consecutively. These remarkable companies have maintained their streak of annual dividend growth through wars, recessions and financial crises.

3 Top Dividend Kings to Buy to Unleash Steady Income

Here is how S&P Global (SPGI) and ABM Industries (ABM) have performed compared to their sector so far this year.

Is S&P Global (SPGI) Stock Outpacing Its Business Services Peers This Year?

Development of a new U.S. mine—from discovery to production—takes nearly 29 years, on average NEW YORK , July 18, 2024 /PRNewswire/ -- The United States has the second longest lead times in the world for developing a new mine for the critical minerals that are vital to the energy transition, according to new report by S&P Global.* The report, Mine Development Times: The U.S. in Perspective found that it takes an average of 29 years for such mines to go from discovery to production in the United States, longer than any other country except Zambia (34 years).

United States Ranks Next to Last in Development Time for New Mines that Produce Critical Minerals for Energy Transition, S&P Global Finds

Aids Transparency in Technology Pricing as Solar Modules Become Increasingly Commoditized SINGAPORE and NEW YORK and LONDON , July 17, 2024 /PRNewswire/ -- Platts, part of S&P Global Commodity Insights, the leading independent provider of information, data, analysis, benchmark prices and workflow solutions for the commodities, energy, battery metals and energy transition markets, has launched the world's first independent daily, spot market solar photovoltaic (PV) panel price assessments for US, Europe and Asia.  In addition to six individual Platts Solar Module prices, Platts will also publish the Platts Global Solar Module Marker, which is a daily average of the six individual assessments, and which will provide a global perspective of solar panel prices.

S&P Global Commodity Insights Launches World's First Independent Daily Solar Module Panel Price Assessments for Asia, US, Europe and a Global Marker

S&P Global (SPGI) is benefiting from a growing demand for business information services and acquisitions.

Reasons to Hold S&P Global (SPGI) Stock in Your Portfolio Now

Global suppliers report capacity pressures, with index in positive territory for a second consecutive month Asian manufacturing growth accelerating in China, Taiwan, Vietnam and India In contrast, demand at North American suppliers fell slightly because of lower orders, indicating a tightening economy Transportation costs rise to 20-month high, as greater activity drives up shipping and container rates CLARK, N.J. , July 12, 2024 /PRNewswire/ -- For the second consecutive month, 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 — continued in positive territory.

ASIA'S SUPPLIERS GROWING AT THE FASTEST PACE SINCE EARLY 2023, AS GLOBAL MANUFACTURING GATHERS FURTHER MOMENTUM IN JUNE: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

News for S&P Global Stock (SPGI)