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

Annual growth in absolute emissions was less than 1% for third consecutive year CALGARY, AB , Nov. 7, 2024 /PRNewswire/ -- Absolute greenhouse gas emissions from Canadian oil sands production registered a nominal increase of less than 1% in 2023 even as total production grew, according to a new analysis by S&P Global Commodity Insights. Since 2020, absolute emissions growth from oil sands has slowed to average about 1% per year compared to 5% in the proceeding decade.

Absolute Greenhouse Gas Emissions from Canadian Oil Sands Near-Flat in 2023 Even as Production Grew

Session will be Webcast NEW YORK , Nov. 4, 2024 /PRNewswire/ -- Martina Cheung, President and Chief Executive Officer of S&P Global (NYSE: SPGI), will participate in the J.P. Morgan 2024 Ultimate Services Investor Conference on November 14, 2024 in New York, NY.

S&P Global to Present at J.P. Morgan 2024 Ultimate Services Investor Conference on November 14, 2024

LONDON and NEW YORK and SINGAPORE , Nov. 4, 2024 /PRNewswire/ -- Platts, part of S&P Global Commodity Insights, will enhance transparency in the global pork market with the launch of daily spot physical price assessments for pork in Europe and North Asia, effective November 1. According to S&P Global Commodity Insights, global pork consumption has steadily grown to the current rate of about 118.3 million metric tons per year and is expected to continue an upward trajectory.

S&P Global Commodity Insights Launches Daily Platts Pork Price Assessments for EU Exports and North Asia Imports

NEW YORK , Nov. 1, 2024 /PRNewswire/ -- S&P Global (NYSE: SPGI) today announced that it has completed the sale of its PrimeOne business to TS Imagine, a global, cross-asset provider of trading, portfolio, and risk management solutions for financial institutions. The transaction does not have material impact to S&P Global and the financial terms of the transaction were not disclosed.

S&P Global Completes Sale of PrimeOne

Boston Scientific

General Electric

Progressive

QUALCOMM

The Progressive, Qualcomm, GE Aerospace, S&P Global and Boston Scientific are included in this Analyst Blog.

The Zacks Analyst Blog The Progressive, Qualcomm, GE Aerospace, S&P Global and Boston Scientific

These five stocks have provided double-digit returns year to date. Despite the rally, these stocks have double-digit upside potential for the short term.

Buy 5 S&P 500 Stocks to Tap Potential Short-Term Price Appreciation

MarketAxess Holdings

NEW YORK , Oct. 31, 2024 /PRNewswire/ -- S&P Global Market Intelligence (SPGMI), a leading provider of information services and solutions to the global markets, and MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced a strategic data partnership that will result in increased transparency and efficiency for the fixed-income markets. Core to the partnership will be the integration of S&P Global Bond Reference Data into the MarketAxess suite of data products, and the inclusion of MarketAxess CP+™ real-time pricing into S&P Global's Evaluated Bond Pricing.

S&P Global Market Intelligence and MarketAxess Announce Strategic Fixed-Income Data Partnership

NEW YORK , Oct. 30, 2024 /PRNewswire/ -- S&P Dow Jones Indices (S&P DJI) today released the August 2024 results for the S&P CoreLogic Case-Shiller Indices. The leading measure of U.S. home prices recorded a 4.2% annual gain in August 2024, a slight decrease from previous levels in 2024.

S&P CORELOGIC CASE-SHILLER INDEX RECORDS 4.2% ANNUAL GAIN IN AUGUST 2024

S&P Global (SPGI) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Down -5.69% in 4 Weeks, Here's Why You Should You Buy the Dip in S&P Global (SPGI)

NEW YORK , Oct. 29, 2024 /PRNewswire/ -- Trends for global M&A and IPO activity continue to diverge, according to S&P Global Market Intelligence's newly released Q3 2024 Global M&A and Equity Offerings Report. The number of global M&A deal announcements increased for the second consecutive quarter, while global equity issuance slowed significantly in the third quarter.

S&P Global Market Intelligence Quarterly Report Finds Global M&A Continues to Rebound while IPO Activity Continues to Falter in Q3

New vehicle sales levels in October remain unchanged from the ongoing trend SOUTHFIELD, Mich. , Oct. 28, 2024 /PRNewswire/ -- On a volume estimate of 1.315 million units, S&P Global Mobility expects U.S. light vehicle sales in October to realize year-over-year growth of 11%.

S&P Global Mobility: U.S. auto sales volume to hold steady in October

NINGBO, China , Oct. 27, 2024 /PRNewswire/ -- Risen Energy is pleased to announce that the company has achieved an ESG score of 65 from S&P Global, outperforming 95% of the global semiconductor industry. The achievement underscores the deep commitment to environmental stewardship, social responsibility, and governance excellence, establishing Risen Energy as a leader in the global photovoltaic market's green transformation.

Risen Energy Achieves Top 5% in Global ESG Scores by S&P Global

I reiterate a buy rating for SPGI due to solid fundamentals, strong network effect, and bright long-term growth outlook supported by non-ratings business. SPGI's latest quarter showed 16% revenue growth, strong segment performance, and raised FY24 guidance, reinforcing the bullish case for the stock. New CEO brings uncertainty, but SPGI's strong moat and solid performance support continued growth and margin expansion, making the stock an attractive buy.

S&P Global: Reiterate Buy Rating As Fundamentals Remain Sound

S&P Global exceeded Q3 expectations with 16% revenue growth and 21% adjusted EPS growth, but shares fell due to concerns about future demand pull-forward. Despite short-term worries, S&P Global is well-positioned for market-beating revenue and EPS growth, driven by diversified segments and operational leverage. With current valuation in the 30x earnings range, I reiterate a 'Buy' rating, targeting $577 per share by late-2025 for 17% upside.

S&P Global: Why The Market Isn't Responding To The Q3 2024 Beat

SPGI witnesses a remarkable y/y rise in revenues from the Ratings segment in the third quarter of 2024.

S&P Global Q3 Earnings & Revenues Beat Estimates, Increase Y/Y

S&P Global reported excellent Q3 results, beating revenue and EPS estimates, lifting guidance, and planning to accelerate its share buyback program. Despite the results, SPGI shares fell 3% following the release, suggesting potential overvaluation concerns amongst investors. While S&P Global has some potential growth areas to exploit, but may end up accomplishing this through acquisitions.

S&P Global: Steady As She Goes Isn't Good Enough At ~40x P/E

S&P Global Inc. (NYSE:SPGI ) Q3 2024 Earnings Conference Call October 24, 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 Toni Kaplan - Morgan Stanley Manav Patnaik - Barclays Scott Wurtzel - Wolfe Research Faiza Alwy - Deutsche Bank David Motemaden - Evercore Craig Huber - Huber Research Partners Alex Hess - JPMorgan George Tong - Goldman Sachs Alex Kramm - UBS Jeff Meuler - Baird Owen Lau - Oppenheimer Russell Quelch - Redburn Atlantic Surinder Thind - Jefferies Operator Good morning, and welcome to S&P Global's Third Quarter 2024 Earnings Conference Call. I'd like to inform you that this call is being recorded for broadcast.

S&P Global Inc. (SPGI) Q3 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 September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

S&P Global (SPGI) Reports Q3 Earnings: What Key Metrics Have to Say

I reiterate a “Strong Buy” rating for S&P Global, with a fair value of $590 per share, driven by strong recovery in the rating business. S&P Global reported 16% revenue growth and 36% growth in its rating business, with plans to accelerate $1.3 billion in share repurchases. The company raised its full-year revenue and EPS guidance, projecting 12.5% revenue growth for FY24 and 10% organic growth from FY25 onwards.

S&P Global Q3: Accelerating Shares Buyback In Coming Weeks

S&P Global (SPGI) came out with quarterly earnings of $3.89 per share, beating the Zacks Consensus Estimate of $3.64 per share. This compares to earnings of $3.21 per share a year ago.

S&P Global (SPGI) Beats Q3 Earnings and Revenue Estimates

NEW YORK , Oct. 24, 2024 /PRNewswire/ -- S&P Global (NYSE: SPGI) today reported third quarter 2024 results. The Company's earnings release and supplemental materials are available at  http://investor.spglobal.com/Quarterly-Earnings.

S&P Global Reports Third Quarter Results

Storms Create Opportunities for Scammers to Resell Damaged Vehicles CENTREVILLE, Va. , Oct. 23, 2024 /PRNewswire/ -- As many as 347,000 vehicles have been flood-damaged so far by the 2024 hurricane season, CARFAX estimates.

CARFAX: 347,000 Cars Flood Damaged in 2024 Hurricanes

Mastercard

Trane Technologies plc

The U.S. Business Services space has been benefiting from the strong fundamentals of the economy. Three stocks set to beat earnings estimates are: MA, TT, SPGI.

Buy 3 Business Services Stocks Set to Beat on Q3 Earnings This Month

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for S&P Global (SPGI), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.

Unlocking Q3 Potential of S&P Global (SPGI): Exploring Wall Street Estimates for Key Metrics

SPGI's third-quarter 2024 top line is anticipated to have benefited from a rise in revenues across all segments.

News for S&P Global Stock (SPGI)