SPGI 10-K Annual Reports

S&P Global Inc. (SPGI) reported robust financial performance for the fiscal year ending December 31, 2025. The company demonstrated significant revenue growth across all its primary segments, including Market Intelligence, Ratings, Energy, Mobility, and Indices. This growth was driven by strong subscription revenue, increased transaction fees in its Ratings division, and continued demand for its data and analytics services in the energy and commodity markets. The company also reported a healthy increase in operating profit, reflecting effective cost management and strategic growth initiatives. A key strategic development for S&P Global is the planned separation of its Mobility segment into a standalone public company, expected to be completed by mid-2026. This move is intended to unlock value and allow for more focused strategic execution within both the ongoing S&P Global businesses and the new Mobility entity. The company also continued its commitment to returning capital to shareholders through dividends and share repurchases, signaling financial strength and confidence in future operations. While facing various risks, including cybersecurity and regulatory scrutiny, S&P Global appears well-positioned to navigate these challenges.

S&P Global Inc. (SPGI) reported robust financial performance for the fiscal year ending December 31, 2024, demonstrating significant revenue and operating profit growth. Revenue increased by 14% to $14.2 billion, driven by strong performance across all reportable segments, particularly in Ratings and Market Intelligence. Operating profit saw a substantial rise of 39% to $5.6 billion, reflecting effective cost management and operational efficiencies, even with investments in strategic initiatives and higher compensation costs. The company continues to return value to shareholders through dividends and share repurchases, highlighting a commitment to shareholder returns. Strategic acquisitions, such as Visible Alpha and World Hydrogen Leaders, were completed in 2024, aimed at enhancing data analytics and expanding market reach. Looking ahead, S&P Global remains focused on its 'Powering Global Markets' strategy, emphasizing customer-centricity, innovation (including AI integration), and operational efficiency. The company's diversified business model across capital, commodity, and automotive markets provides resilience. Key risk factors highlighted include cybersecurity threats, competitive pressures, and evolving regulatory environments, all of which the company actively manages through robust governance and risk management frameworks. The company's strong free cash flow generation further supports its financial stability and growth objectives.

S&P Global Inc. (SPGI) reported its 2023 annual results, showcasing robust revenue growth driven by the integration of IHS Markit and strong performance across its key segments. While overall revenue increased by 12% to $12,497 million, operating profit saw a 19% decline to $4,020 million, largely due to significant one-time expenses related to the IHS Markit merger and prior-year gains from divestitures. The company's diversified business model, encompassing Market Intelligence, Ratings, Commodity Insights, Mobility, and Indices, demonstrates resilience. Market Intelligence and Commodity Insights showed strong revenue growth, while Ratings experienced an increase in transaction revenue driven by higher refinancing activity. S&P Global also returned substantial capital to shareholders through dividends and share repurchases, reflecting confidence in its ongoing financial strength and strategic direction. The company continues to focus on innovation, technology, and talent management to drive future growth and navigate a dynamic market environment. Despite the reported operating profit decrease, the company's strategic initiatives, including investments in AI and cloud technologies, position it for continued relevance and market leadership. Investors should note the ongoing integration efforts from the IHS Markit merger and the company's proactive approach to managing operational risks and regulatory landscapes.

S&P Global Inc. (SPGI) reported significant revenue growth of 35% in 2022, largely driven by the successful completion of the IHS Markit merger in February 2022. This strategic combination expanded the company's segment offerings to six, bolstering its data and analytics capabilities across capital, commodity, automotive, and engineering markets. Despite increased operating expenses related to integration, the company demonstrated strong operational performance. Shareholder returns were robust, with substantial amounts returned through share repurchases and dividends, reflecting confidence in the company's financial health and future prospects. Looking ahead, S&P Global is actively managing its portfolio, including the announced divestiture of its Engineering Solutions business, aiming to optimize its strategic focus. The company remains committed to innovation, customer-centricity, and talent development, positioning itself to navigate evolving market dynamics and deliver continued value to its stakeholders.

S&P Global Inc.'s (SPGI) 2021 10-K report highlights a year of significant revenue and operating profit growth, driven by strong performance across all its reporting segments: Ratings, Market Intelligence, Platts, and Indices. Total revenue increased by 11% to $8.3 billion, with operating profit rising 17% to $4.2 billion, leading to a 29% increase in diluted earnings per share to $12.51. This growth was underpinned by increased transaction and non-transaction revenue in Ratings, expansion in subscription services within Market Intelligence, continued demand for data and insights at Platts, and higher asset-based fees in Indices due to increased AUM in ETFs and mutual funds. The company is on the cusp of a transformative merger with IHS Markit, expected to close in Q1 2022. This strategic move is set to expand S&P Global's data and analytics capabilities significantly. While merger-related costs were incurred in 2021, the company anticipates substantial benefits and synergies. Significant progress has also been made on necessary divestitures to gain regulatory approval for the merger, including agreements to sell the CUSIP Global Services business and the Leveraged Commentary and Data (LCD) business. Looking ahead, S&P Global is focused on integrating IHS Markit, driving growth in key areas like ESG and Energy Transition, enhancing its digital ecosystem, and maintaining a strong focus on human capital management and employee well-being.

S&P Global Inc. (SPGI) reported a strong financial performance for the year ended December 31, 2020. The company's revenue increased by 11% year-over-year, driven by growth across all reportable segments: Ratings, Market Intelligence, Platts, and Indices. This growth was primarily fueled by increased corporate bond issuance, strong demand for data and analytics, higher asset under management for index-linked products, and continued demand for commodity and energy market data. Key strategic initiatives, including acquisitions in ESG ratings and technology, are positioning the company for future growth. The company also announced a significant merger with IHS Markit Ltd., expected to close in the second half of 2021, which promises substantial synergies. While facing some operational costs related to the merger and continued COVID-19 impacts, S&P Global demonstrated resilience and a commitment to returning value to shareholders through dividends and share repurchases.

S&P Global Inc.'s 2019 10-K filing reveals a company with diversified revenue streams across its core divisions: S&P Global Ratings, S&P Global Market Intelligence, S&P Dow Jones Indices, and S&P Global Platts. The report highlights the company's resilience and strategic positioning within the financial information and analytics sector, driven by recurring revenue models and a strong market presence. Investors can take comfort from the consistent performance and the company's ability to navigate evolving market dynamics, though risks related to regulatory changes and competition remain factors to monitor.

S&P Global Inc. (SPGI) presented its 2018 annual report (10-K) on February 13, 2019, highlighting a year of performance across its diverse business segments. The company's core operations, including Ratings, Global Market Intelligence, S&P Dow Jones Indices, and S&P Engineering Solutions, continued to demonstrate resilience and growth. Investors should note the company's strategic focus on data, analytics, and essential financial market infrastructure, which forms the backbone of its revenue streams and market position. The filing provides a comprehensive overview of SPGI's financial condition, operational results, and risk factors. While specific financial figures for 2018 are detailed within the report (particularly in Item 7, Management's Discussion and Analysis), the overall narrative suggests a company leveraging its strong brand and market leadership to navigate the evolving financial landscape. Key areas for investor attention include the company's ability to innovate, adapt to regulatory changes, and maintain its competitive advantage in the data and analytics space.

S&P Global Inc.'s (SPGI) 2017 10-K filing provides a comprehensive overview of its business operations, financial performance, and strategic outlook as of December 30, 2017. The company operates across several key segments, including S&P Global Ratings, S&P Global Market Intelligence, S&P Dow Jones Indices, and S&P Global Platts, each contributing to its diversified revenue streams. The filing highlights the company's resilience and growth, driven by data, analytics, and essential intelligence for financial markets. Investors can find critical information regarding the company's financial health, risk factors, and management's discussion on its performance. The report emphasizes the company's commitment to innovation and its ability to adapt to evolving market dynamics, positioning it as a significant player in the financial information services sector. Overall, the 2017 10-K offers a solid foundation for understanding SPGI's strategic direction and financial stability.

S&P Global Inc.'s 2016 10-K report highlights a year of continued growth and strategic positioning within its core businesses, primarily Ratings, Global Market Intelligence, and Indices. The company demonstrated resilience and adaptability, navigating market dynamics to deliver solid financial performance. Investors can take comfort in the diversified revenue streams and the company's strong market positions, which are underpinned by the essential nature of its data and analytics services in financial markets. The report also underscores the company's commitment to innovation and strategic acquisitions as drivers for future expansion.

S&P Global Inc.'s 2015 10-K filing reveals a company well-positioned within its core businesses, including Ratings, Global Market Intelligence, and Transportation. The company demonstrated robust financial performance, driven by organic growth and strategic acquisitions. Investors can note the company's focus on expanding its data and analytics capabilities, which are crucial for its long-term growth trajectory in the evolving financial services landscape. The report also highlights a commitment to operational efficiency and shareholder returns, suggesting a stable and potentially growing investment proposition.

S&P Global Inc. (SPGI) filed its 2014 10-K on February 13, 2015, detailing its business operations, financial condition, and risk factors for the fiscal year ending December 30, 2014. The report highlights the company's diverse revenue streams, primarily driven by its Ratings, Market & Fund Services, and Commodity Insights segments. Investors should note the company's strategic focus on expanding its data and analytics capabilities, a key driver for future growth and competitive advantage in the financial information services sector. The filing also emphasizes the importance of regulatory environments and economic conditions as significant external factors influencing the company's performance. Financially, the report provides a comprehensive overview of the company's consolidated statements, selected financial data, and management's discussion of its financial condition and results of operations. While specific financial figures are not detailed in the provided excerpt, investors can expect to find information on revenue growth, profitability, and cash flow generation. Attention should be paid to the "Risk Factors" section, which outlines potential challenges such as competition, technological changes, and regulatory scrutiny that could impact the company's business and financial performance. The company's market position and outlook are shaped by its ability to adapt to evolving market demands and maintain the trust and credibility associated with the S&P brand.

S&P Global Inc. (SPGI) reported its fiscal year 2013 results in this 10-K filing. The company operates across diverse segments, including Credit Ratings, Market & Fund Services, and Business & Government Information & Services. Investors should note the company's reliance on recurring revenue streams, particularly within its credit ratings business, which is sensitive to global capital market activity. The filing highlights the company's strategic focus on growth initiatives and operational efficiency, aiming to strengthen its market position and deliver value to shareholders.

This 10-K/A filing for The McGraw-Hill Companies, Inc. (which later became S&P Global Inc.) primarily serves to correct errors in the original filing from February 28, 2013. Key corrections involve the "Selected Financial Data" for fiscal years 2008 and 2009, including revenue, segment operating profit, net income, and earnings per share. These adjustments stem from accounting for the McGraw-Hill Education segment and discontinued operations. Additionally, the number of record holders for common stock as of February 1, 2013, was corrected from an erroneous disclosure of shares outstanding to the accurate figure of 3,885 holders. Another significant correction pertains to intangible asset impairment charges for McGraw-Hill Education's School Education Group, clarifying the amounts as $497 million and $19 million, respectively, rather than erroneously stated as millions of millions. Investors should note that this amendment solely addresses these specific corrections and does not update or reflect any events occurring after the original filing date.

S&P Global Inc. (SPGI) filed its 2012 10-K on February 27, 2013, presenting a comprehensive overview of its operations and financial performance for the fiscal year ending December 30, 2012. The report details the company's diversified business segments, including Ratings, Data & Analytics, and Index, which collectively contribute to its revenue streams. Investors can gain insights into the company's strategic initiatives, market position, and the competitive landscape it operates within. The filing also addresses the company's financial condition, including its balance sheet, income statement, and cash flow, providing a basis for evaluating its financial health and operational efficiency.

The McGraw-Hill Companies, Inc. (now S&P Global Inc.) filed its 2011 10-K on February 6, 2012, detailing its performance and strategic initiatives. A significant development was the "Growth and Value Plan" announced in September 2011, which outlined the separation of the company into two distinct public entities: McGraw-Hill Financial (focused on financial markets) and McGraw-Hill Education. This separation was expected to be completed by the end of 2012 through a tax-free spin-off. The company reported revenue of $6.25 billion for 2011, an increase from the previous year, with growth driven primarily by its S&P Ratings and S&P Capital IQ/Indices segments. While S&P Ratings saw increased non-transaction revenue, its operating income declined due to rising expenses. S&P Capital IQ/Indices demonstrated strong performance with significant increases in both revenue and operating income. The Commodities & Commercial segment also experienced revenue and operating income growth. Conversely, the McGraw-Hill Education segment saw a decline in both revenue and operating income, attributed to reduced sales in adoption states and open territories. The company also completed the divestiture of its Broadcasting Group in December 2011.

This 10-K filing for S&P Global Inc. (SPGI) covers the fiscal year ending December 30, 2010, and was filed on February 22, 2011. The report indicates that SPGI is a large accelerated filer, with an aggregate market value of non-affiliate held stock of approximately $8.7 billion as of June 30, 2010. The company had over 306 million shares of common stock outstanding as of February 11, 2011. Investors should note that significant portions of the filing, including business overview, risk factors, financial data, and management's discussion, are incorporated by reference from the company's 2010 Annual Report to Shareholders and its 2011 proxy statement. This structure means that a comprehensive understanding of SPGI's performance and outlook requires consulting those referenced documents in addition to this 10-K.

S&P Global Inc. (SPGI) filed its 2009 10-K on February 23, 2010, indicating it was a large accelerated filer with a significant market capitalization of over $9.4 billion as of June 30, 2009. The filing primarily incorporates information by reference from its 2009 Annual Report to Shareholders and its 2010 proxy statement, covering various aspects of the company's business, financial condition, and governance. Investors reviewing this filing will find details on the company's business operations, risk factors, properties, legal proceedings, and executive officers. The report also includes information on the market for its common stock, selected financial data, and management's discussion and analysis of financial condition and results of operations. Key areas for investor focus include the company's financial performance in 2009, its strategies for navigating the economic environment, and its future outlook as presented by management.

This 10-K filing from S&P Global Inc. (SPGI) for the fiscal year ending December 31, 2008, provides a look into the company's operations and financial health amidst the challenging economic environment of 2008. The filing indicates S&P Global's status as a large accelerated filer, with a substantial market capitalization of over $12.7 billion as of June 30, 2008, demonstrating its significant presence in the market. Investors should note that this report largely incorporates information by reference from S&P Global's 2008 Annual Report to Shareholders and its 2009 Proxy Statement. This means that detailed financial statements, management's discussion and analysis of financial condition and results of operations, risk factors, and executive compensation details are found within those separate documents, which are crucial for a comprehensive understanding of the company's performance and strategic outlook.

S&P Global Inc. (SPGI) filed its 2007 10-K on February 28, 2008, reporting on its performance and financial condition for the fiscal year ending December 30, 2007. The filing indicates that S&P Global was a large accelerated filer as of the reporting period, with a significant market capitalization of over $23 billion as of June 30, 2007, underscoring its established position in the market. The report primarily incorporates information by reference from its Annual Report to Shareholders and its definitive proxy statement, suggesting a robust disclosure process for investors.

S&P Global Inc. (SPGI) filed its 2006 10-K on February 27, 2007, highlighting a robust market capitalization of over $17.67 billion as of June 30, 2006. This indicates strong investor confidence and a significant presence in the financial information and analytics sector. The filing confirms SPGI is a large accelerated filer, suggesting substantial public float and a history of timely reporting, which is crucial for investor due diligence. The report references detailed information from the 2006 Annual Report to Shareholders and the upcoming 2007 proxy statement, providing a comprehensive view of the company's performance, strategy, and governance. Investors should focus on the incorporated sections for in-depth financial and operational insights. While the provided excerpt focuses on the form's structure and filing status, the full report, particularly Part II (Items 5-9) and Part III (Items 10-14), would contain critical details on market performance, management's discussion of financial results, risk factors, and executive compensation. These sections are essential for understanding the company's strategic direction, competitive landscape, and potential future performance. The large number of outstanding shares (354,936,282) also suggests a liquid stock for trading purposes.

S&P Global Inc. (SPGI) filed its 2005 10-K on February 23, 2006. The filing confirms the company's status as a large accelerated filer, indicating its substantial size and compliance with heightened SEC reporting requirements. With a market capitalization of over $16.5 billion as of June 30, 2005, and 367.2 million shares outstanding as of February 10, 2006, SPGI represented a significant entity in the market at that time. This report primarily incorporates information by reference from its 2005 Annual Report to Shareholders and its 2006 Proxy Statement, suggesting that detailed financial performance and operational discussions are found within those documents.

S&P Global Inc. (SPGI) filed its 2004 10-K on February 24, 2005, detailing its business, financial condition, and market performance for the fiscal year ending December 30, 2004. As an accelerated filer, the company reported a significant market capitalization of over $14.5 billion as of June 30, 2004, with 190.3 million shares of common stock outstanding as of February 11, 2005. The report incorporates substantial information by reference from its Annual Report to Shareholders and its definitive proxy statement. Key sections of the filing cover the company's business operations, properties, and legal proceedings. Investors can find detailed financial data, management's discussion on financial condition and results of operations, and disclosures on market risk. The report also includes consolidated financial statements, information on executive officers, and details regarding security ownership and related party transactions, providing a comprehensive overview for stakeholders.

S&P Global Inc.'s 2003 10-K filing provides a comprehensive overview of the company's operations and financial performance for the fiscal year ending December 30, 2003. The report highlights the company's diverse business segments, which include credit ratings, market intelligence, and investment services, underscoring its integral role in the global financial markets. Investors should note the company's consistent revenue generation and its strategic focus on expanding its data and analytics offerings, which are crucial for navigating complex financial landscapes. Financial performance in 2003 was robust, with management emphasizing operational efficiency and strategic investments aimed at long-term growth. The filing details the company's financial condition, including its assets, liabilities, and equity, and discusses its results of operations across various segments. Investors seeking to understand S&P Global's market position and future prospects should pay close attention to the 'Management's Discussion and Analysis of Financial Condition and Results of Operations' section for in-depth insights into the company's strategies, risks, and opportunities.

S&P Global Inc. (SPGI) filed its 2002 annual report on March 13, 2003, indicating it is an accelerated filer. The company's market capitalization as of February 15, 2003, stood at an impressive $10.5 billion, with over 191 million shares of common stock outstanding. This filing provides a comprehensive overview of the company's business, properties, legal proceedings, and market performance for the fiscal year ending December 30, 2002. Investors can find key financial information and operational insights within the "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Consolidated Financial Statements." The report also details corporate governance, executive compensation, and security ownership, offering a transparent view into the company's structure and performance during this period. Key sections for deeper analysis include market risk and selected financial data, which are incorporated by reference into the Annual Report to Shareholders.

This 10-K filing for S&P Global Inc. (SPGI), filed on March 21, 2000, covers the fiscal year ending December 30, 1999. As a leading provider of credit ratings, benchmarks, and data analytics, the company's performance reflects the economic conditions and market sentiment prevalent at the turn of the millennium. Investors should note the company's diverse revenue streams, likely including its significant presence in financial information services and credit ratings, which are closely tied to capital markets activity and corporate issuance. The filing provides a snapshot of SPGI's financial health, operational strategies, and risk factors as of the close of 1999. Key areas for investor focus would include revenue growth drivers, profitability, any significant acquisitions or divestitures, and management's outlook for the upcoming fiscal year. Given the era, attention to the burgeoning internet and technology sector's impact on information delivery and financial services would also be pertinent.

This 1999 10-K filing for S&P Global Inc. (SPGI) covers the fiscal year ending December 30, 1998. As a company operating in the financial information and services sector, investors would be keenly interested in its financial performance, market position, and any strategic initiatives during this period. While the provided text does not contain detailed financial statements or management's discussion and analysis (MD&A), it indicates the filing date and the period it pertains to, which are crucial for context. Investors should note that this filing precedes significant market events and technological advancements. Therefore, analyzing this report requires an understanding of the economic and regulatory environment of the late 1990s. Key areas of focus for investors examining such a filing would typically include revenue growth, profitability trends, debt levels, and the competitive landscape, all of which would be detailed within the full report.

S&P Global Inc.'s (SPGI) 1997 10-K filing provides a look into the company's performance and operations leading up to the turn of the millennium. As a provider of financial information and credit ratings, SPGI's business is intrinsically linked to the health and activity of the global financial markets. Investors in 1997 would have been focused on the company's revenue streams, particularly those related to its rating services and market intelligence offerings, as indicators of its ability to capitalize on market trends and economic expansion. The filing would have detailed the company's financial health, including its revenue generation, operating expenses, and profitability. Understanding SPGI's competitive landscape and its strategies for growth, whether through organic expansion or potential acquisitions, would have been crucial for assessing its long-term value proposition. This report serves as a foundational document for understanding SPGI's business model and its market position during a period of significant technological and financial evolution.

This 10-K filing for S&P Global Inc. (SPGI) for the period ending December 30, 1995, and filed on March 26, 1996, provides a snapshot of the company's operations and financial standing in the mid-1990s. As a provider of credit ratings, financial information, and market indices, S&P Global was operating in a period of evolving financial markets. The filing would typically detail the company's business segments, financial performance, risk factors, and management's discussion and analysis of results. Investors would look to this report for insights into revenue streams, profitability, competitive landscape, and strategic direction during that fiscal year. Key areas of interest for investors would include the growth and diversification of its rating services, the performance of its financial information and data services, and any significant acquisitions or divestitures. Understanding the regulatory environment and its impact on the financial services industry at the time would also be crucial. This report serves as a historical reference point for S&P Global's trajectory and its position within the financial information sector.

This 10-K filing from S&P Global Inc. for the period ending December 30, 1993, provides a snapshot of the company's performance and financial position as it navigated the mid-1990s economic landscape. As a provider of financial information and credit ratings, SPGI's business is intrinsically linked to the health of the capital markets and the broader economy. Investors would be keen to understand the revenue streams, particularly from its core rating services and information products, and any significant investments or developments during the fiscal year. While the provided text is a directory listing from the SEC's EDGAR database rather than the full financial report, it indicates the filing was made on March 29, 1994. This context suggests that the report would detail the company's operations, financial statements (income statement, balance sheet, cash flow), and management's discussion and analysis for the fiscal year ended December 30, 1993. Investors would be looking for trends in revenue growth, profitability, debt levels, and any strategic initiatives that positioned S&P Global for future growth in the evolving financial information industry.