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SPGI 10-Q Quarterly Reports

S&P Global Inc. - 50 quarterly reports

S&P Global Inc. Quarterly Report for Q3 Ended Sep 30, 2025

Oct 30, 2025

S&P Global Inc. (SPGI) reported a strong third quarter and first nine months of 2025, demonstrating robust revenue and profit growth across its diverse business segments. Revenue increased by 9% year-over-year for the quarter and 8% for the nine-month period, driven by broad-based strength in Market Intelligence, Ratings, Commodity Insights, Mobility, and Indices. Net income attributable to S&P Global Inc. saw a significant increase of 21% for the quarter and 12% for the nine-month period, reflecting effective cost management and operational efficiencies. The company continues to execute on its strategic priorities, including enhancing customer experience, driving innovation with AI, and optimizing its capital allocation. Furthermore, S&P Global is progressing with its plan to separate its Mobility segment, aiming to create a more focused entity and unlock shareholder value. The company's financial health remains strong, supported by healthy operating cash flows and a solid liquidity position. S&P Global actively returned capital to shareholders through dividends and share repurchases, underscoring its commitment to shareholder value creation. Strategic acquisitions, such as the planned acquisition of With Intelligence, are expected to further bolster its Market Intelligence segment and expand its capabilities in private markets data and analytics. The company remains focused on navigating the evolving market landscape and leveraging its data and analytics expertise to drive sustainable growth.

S&P Global Inc. Quarterly Report for Q2 Ended Jun 30, 2025

Aug 1, 2025

S&P Global Inc. (SPGI) reported a solid financial performance for the quarter ended June 30, 2025, with revenue increasing by 6% to $3.76 billion and operating profit rising by 7% to $1.55 billion compared to the same period in the prior year. This growth was observed across all reportable segments, indicating broad-based strength. Diluted earnings per share (EPS) saw a notable increase of 9% to $3.50. The company also continues to actively manage its capital structure, demonstrating this through substantial share repurchases and dividend payments. Looking ahead, S&P Global is progressing with its strategic plan to separate its Mobility segment, which is expected to be completed within the next 12 to 18 months, and is actively pursuing strategic acquisitions to enhance its Market Intelligence and Indices segments.

S&P Global Inc. Quarterly Report for Q1 Ended Mar 31, 2025

Apr 29, 2025

S&P Global Inc. (SPGI) reported a strong first quarter for 2025, with revenue increasing 8% year-over-year to $3.78 billion and operating profit rising 14% to $1.58 billion. This growth was broad-based, with all five reportable segments contributing positively. Diluted earnings per share also saw a healthy increase of 12% to $3.54. The company announced a significant strategic move to separate its Mobility segment into a new publicly traded company, a process expected to take 12-18 months. This aligns with their "Powering Global Markets" strategy focused on enhancing foundational capabilities, growing core businesses, and pursuing growth through adjacencies. Management highlighted investments in AI and a continued commitment to returning capital to shareholders through dividends and share repurchases.

S&P Global Inc. Quarterly Report for Q3 Ended Sep 30, 2024

Oct 25, 2024

S&P Global Inc. (SPGI) reported a strong third quarter and nine-month performance for 2024, demonstrating robust revenue and profit growth across its key segments. Revenue increased by 16% year-over-year for the third quarter and 14% for the first nine months, largely driven by strong performance in S&P Global Ratings and S&P Global Market Intelligence. The company's operating profit saw significant increases, up 33% for the quarter and 36% year-to-date, reflecting effective cost management and revenue acceleration. Profitability metrics, including diluted earnings per share, also showed substantial year-over-year improvements. SPGI continued its strategic capital allocation through significant share repurchases and dividend payments, underscoring its commitment to shareholder returns. The company also made strategic acquisitions, such as Visible Alpha and World Hydrogen Leaders, to enhance its product offerings and market position. While facing ongoing investments and integration costs, SPGI's diversified business model and strong execution position it well for continued growth.

S&P Global Inc. Quarterly Report for Q2 Ended Jun 30, 2024

Jul 30, 2024

S&P Global Inc. (SPGI) reported a strong second quarter for 2024, demonstrating robust financial performance with a significant increase in revenue and net income compared to the prior year. Revenue grew by 14% year-over-year to $3.55 billion, and net income attributable to S&P Global Inc. more than doubled to $1.01 billion. This growth was broadly supported across its key segments, including Ratings, Market Intelligence, Commodity Insights, Mobility, and Indices. The company's strategic focus on enhancing foundational capabilities and growing its core businesses continues to yield positive results. Operational efficiency was also evident, with operating profit increasing by a substantial 59% to $1.45 billion. Key drivers for the improved performance included strong transaction and subscription revenue growth, particularly within the Ratings and Market Intelligence segments. The company also highlighted its commitment to capital allocation through dividends and share repurchases, while maintaining a strong liquidity position. The outlook remains positive, with management reaffirming its strategic priorities for financial growth, innovation, and customer focus.

S&P Global Inc. Quarterly Report for Q1 Ended Mar 31, 2024

Apr 25, 2024

S&P Global Inc. (SPGI) reported a strong first quarter for 2024, with total revenue increasing by 10% year-over-year to $3.49 billion. This growth was driven across most of its segments, particularly in Ratings, Market Intelligence, Commodity Insights, and Mobility. Net income attributable to S&P Global Inc. rose significantly by 25% to $991 million, translating to a diluted Earnings Per Share (EPS) of $3.16, a 28% increase from the prior year. The company demonstrated robust operational execution, with operating profit increasing by 21% to $1.39 billion, and a healthy operating margin of 40% for the quarter. Operationally, S&P Global continues to invest in its core capabilities and explore strategic growth opportunities, evidenced by the agreement to acquire Visible Alpha. The company also reported solid cash flow generation, with operating cash flow increasing by 60% to $948 million and free cash flow growing by 75% to $851 million. Shareholder returns remain a focus, with the company continuing its dividend payments and share repurchase program. The company's diversified business model and strong market positions across its segments continue to drive performance, positioning it well for future growth.

S&P Global Inc. Quarterly Report for Q3 Ended Sep 30, 2023

Nov 2, 2023

S&P Global Inc. (SPGI) reported strong revenue growth for the third quarter and the first nine months of 2023, with revenues increasing by 8% and 13% year-over-year, respectively. This growth was primarily driven by robust performance across its key segments, including Ratings, Market Intelligence, Commodity Insights, and Mobility. The company also demonstrated solid operating profit growth in the third quarter, up 26% year-over-year, reflecting effective cost management and operational efficiencies. Diluted Earnings Per Share (EPS) saw a significant increase of 27% in the third quarter, reaching $2.33. However, for the nine-month period, Diluted EPS decreased by 28% to $6.40, largely impacted by significant gains on dispositions in the prior year and higher operating expenses related to the IHS Markit merger. The company maintained a strong liquidity position, with cash provided by operating activities increasing substantially. SPGI also continued its capital allocation strategy, with notable share repurchases and dividend payments, indicating a commitment to shareholder returns. The divestiture of the Engineering Solutions segment was completed, contributing to portfolio optimization. Overall, the report highlights a company experiencing top-line growth and improved profitability in the recent quarter, while managing integration costs and strategic divestitures.

S&P Global Inc. Quarterly Report for Q2 Ended Jun 30, 2023

Jul 27, 2023

S&P Global Inc. (SPGI) reported its second quarter 2023 financial results, showcasing resilience and strategic execution. Total revenue for the quarter increased by 4% year-over-year to $3.1 billion, driven by growth across most segments including Ratings, Market Intelligence, Mobility, Commodity Insights, and Indices. This growth was partly offset by the divestiture of the Engineering Solutions segment. Net income attributable to S&P Global Inc. saw a significant decrease of 47% to $511 million, or $1.60 per diluted share, largely due to a substantial gain on dispositions in the prior year's comparable period, which significantly boosted profitability then. Operationally, the company is managing its cost structure effectively, with operating profit seeing a substantial decline of 39% to $911 million. This decrease is largely attributable to a higher gain on dispositions in the prior year and increased lease impairments in the current year. Despite the reported profit decline, the underlying business performance is steady, supported by subscription revenue growth and strategic acquisitions like Market Scan. The company continues to focus on its long-term strategy, emphasizing customer centricity, innovation, data and technology, and sustainable growth, while actively managing its capital through share repurchases and dividends.

S&P Global Inc. Quarterly Report for Q1 Ended Mar 31, 2023

Apr 27, 2023

S&P Global Inc. reported a mixed financial performance for the first quarter of 2023. Revenue saw a significant increase of 32% year-over-year to $3.16 billion, largely driven by the full integration of IHS Markit following the 2022 merger and growth in subscription-based offerings across its Market Intelligence and Commodity Insights segments. However, operating profit declined by 40% to $1.14 billion. This decrease was primarily due to a substantial gain on dispositions recorded in the prior year's quarter, higher amortization expenses related to intangible assets from acquisitions, and increased merger and integration costs. Diluted earnings per share also decreased significantly to $2.47 from $4.47 in the same period last year. The company continues to execute strategic initiatives, including the planned divestiture of its Engineering Solutions business, which is expected to close in the second quarter of 2023, with proceeds anticipated for share repurchases. Despite the drop in operating profit, S&P Global maintained a strong liquidity position with increased cash flow from operations and a disciplined approach to capital allocation, including share repurchases and dividend payments.

S&P Global Inc. Quarterly Report for Q3 Ended Sep 30, 2022

Oct 28, 2022

S&P Global Inc. (SPGI) reported a significant increase in revenue for the nine months ended September 30, 2022, up 33% to $8.24 billion, largely driven by the successful integration of IHS Markit and continued growth across its segments. Despite the revenue surge, operating profit saw a slight decrease of 21% for the three months ended September 30, 2022, and a 27% increase for the nine-month period, largely due to increased expenses related to the IHS Markit merger, including higher amortization of intangibles and merger-related costs. Diluted earnings per share declined by 44% to $1.84 for the three-month period but remained strong at $8.91 for the nine-month period. The company's balance sheet shows substantial changes, with total assets increasing significantly to $61.8 billion as of September 30, 2022, from $15.0 billion at the end of 2021, primarily reflecting the acquisition of IHS Markit. This also led to a notable increase in total liabilities to $21.4 billion. The company actively returned capital to shareholders through share repurchases, utilizing $11.0 billion for buybacks in the first nine months of 2022, demonstrating a commitment to shareholder value alongside strategic growth initiatives.

S&P Global Inc. Quarterly Report for Q2 Ended Jun 30, 2022

Aug 3, 2022

S&P Global Inc. (SPGI) reported a significant increase in revenue for the three and six months ended June 30, 2022, driven primarily by the acquisition of IHS Markit completed in February 2022. Revenue for the three months increased by 42% to $2.99 billion, and for the six months by 31% to $5.38 billion, compared to the prior year periods. Despite the substantial revenue growth, diluted earnings per share (EPS) attributable to S&P Global Inc. common shareholders decreased by 13% for the three months to $2.86, though it increased by 12% for the six months to $7.17. This divergence is largely attributable to significant merger-related expenses, higher amortization of intangible assets, and the recognition of substantial gains from divestitures in the current period, which masked the underlying operational performance. The company also saw a significant increase in debt, largely due to the IHS Markit acquisition, which led to a considerable rise in interest expenses. Key strategic initiatives for the company include integrating the IHS Markit acquisition, focusing on growth areas like ESG and energy transition, and enhancing digital capabilities. While the company executed substantial divestitures to meet regulatory requirements for the merger, the overall financial picture reflects the immediate costs and complexities associated with integrating a large acquisition alongside ongoing market dynamics.

S&P Global Inc. Quarterly Report for Q1 Ended Mar 31, 2022

May 4, 2022

S&P Global Inc. (SPGI) reported strong revenue and operating profit growth for the first quarter of 2022, largely driven by the significant acquisition of IHS Markit on February 28, 2022. Revenue surged 18% year-over-year to $2.39 billion, while operating profit saw a remarkable 75% increase to $1.89 billion, benefiting from a substantial gain on divestitures. Diluted EPS also grew significantly, up 43% to $4.47. The integration of IHS Markit is a central theme, contributing to revenue across most segments, particularly in the newly formed Mobility and Engineering Solutions segments, which were previously part of IHS Markit. While the merger is a primary driver of growth, it also introduced significant merger-related costs and integration expenses, which were recognized in operating expenses and selling and general expenses. Despite these costs, the company demonstrated robust underlying performance, with revenue growth from subscription services and continued demand across its Market Intelligence and Commodity Insights segments. Investors should note the substantial increase in debt related to the acquisition and the significant share repurchases undertaken during the quarter.

S&P Global Inc. Quarterly Report for Q3 Ended Sep 30, 2021

Oct 26, 2021

S&P Global Inc. (SPGI) reported strong financial results for the third quarter and first nine months of 2021, demonstrating robust revenue and profit growth across its key segments. Revenue increased by 13% for the quarter and 11% for the nine-month period, driven by strong performance in Ratings, Market Intelligence, Platts, and Indices. Diluted Earnings Per Share (EPS) saw a significant increase of 75% for the quarter and 25% for the nine-month period, reflecting the company's operational efficiency and strong earnings generation. The company is actively preparing for the significant merger with IHS Markit, expected to close in early 2022. Despite ongoing integration costs, S&P Global maintained healthy operating margins and a strong balance sheet. The company also continued its capital allocation strategy, with increased dividends and a focus on strategic investments, underscoring its commitment to shareholder value while navigating a dynamic market environment.

S&P Global Inc. Quarterly Report for Q2 Ended Jun 30, 2021

Jul 29, 2021

S&P Global Inc. (SPGI) reported solid financial results for the second quarter and first half of 2021, demonstrating continued revenue and operating profit growth across its key segments. Revenue increased by 8% for the quarter and 11% for the first half, driven by strong performance in Ratings, Market Intelligence, Platts, and Indices. Profitability also showed positive momentum, with operating profit up 4% for the quarter and 11% for the first half. Diluted EPS saw a modest increase of 1% for the quarter and 9% for the first half. The company highlighted ongoing strategic initiatives, including the impending merger with IHS Markit, which is expected to close in Q4 2021. Despite increased merger-related costs, S&P Global maintained a strong financial position with healthy cash flow generation and a robust credit facility, positioning it well for future growth.

S&P Global Inc. Quarterly Report for Q1 Ended Mar 31, 2021

Apr 29, 2021

S&P Global Inc. (SPGI) reported strong financial results for the first quarter of 2021, with a significant increase in revenue and operating profit compared to the same period in the prior year. Revenue grew by 13% year-over-year to $2,016 million, driven by robust performance across all four of its reportable segments: Ratings, Market Intelligence, Platts, and Indices. Operating profit saw a substantial increase of 19% to $1,081 million, reflecting strong revenue growth and disciplined expense management, despite ongoing investments in strategic initiatives like the proposed merger with IHS Markit. The company's performance highlights its resilient business model, which benefits from diverse revenue streams derived from credit ratings, market data, benchmarks, and analytics. The growth was particularly strong in the Ratings segment, fueled by increased corporate bond, bank loan, and structured finance ratings, alongside growth in surveillance and entity credit ratings. Market Intelligence also demonstrated solid growth, driven by subscription revenue for its data and analytical tools. Investors will find S&P Global's continued ability to generate strong free cash flow, coupled with its commitment to returning capital to shareholders through dividends and share repurchases, to be positive indicators of financial health and shareholder value.

S&P Global Inc. Quarterly Report for Q3 Ended Sep 30, 2020

Oct 28, 2020

S&P Global Inc. (SPGI) reported solid financial results for the nine months ended September 30, 2020, with revenue increasing by 12% to $5.58 billion and operating profit growing by 23% to $2.96 billion compared to the same period in 2019. This growth was broad-based, with all reportable segments contributing positively. Diluted earnings per share (EPS) saw a significant increase of 22% to $7.78. The company demonstrated strong operational execution despite the challenging economic environment presented by the COVID-19 pandemic. Key drivers for the revenue growth included increased transaction revenue in the Ratings segment due to higher corporate bond ratings, growth in annualized contract value for Market Intelligence products, and higher assets under management for Indices-related ETFs. The company also benefited from cost management initiatives and reduced travel expenses. SPGI continues to return capital to shareholders through dividends and share repurchases, with $1.16 billion spent on repurchases in the first nine months of 2020. The company maintained a strong liquidity position, with cash, cash equivalents, and restricted cash increasing to $3.17 billion.

S&P Global Inc. Quarterly Report for Q2 Ended Jun 30, 2020

Jul 28, 2020

S&P Global Inc. (SPGI) reported strong financial results for the second quarter and first half of 2020, demonstrating resilience amidst evolving market conditions. Revenue increased by 14% for both the three and six-month periods, driven by broad-based growth across all segments: Ratings, Market Intelligence, Platts, and Indices. This top-line growth translated into significant operating profit increases of 36% and 33% for the respective periods, with operating margins improving substantially. Net income attributable to S&P Global Inc. shareholders saw a substantial rise of 43% and 48% for the quarter and half-year, respectively. Diluted earnings per share also experienced strong growth. The company highlighted cost management efforts, including reduced travel and entertainment expenses due to COVID-19, which contributed to margin expansion. Despite the global economic uncertainties, S&P Global's diverse business model and essential data and analytics services appear to be well-positioned, as evidenced by the robust financial performance.

S&P Global Inc. Quarterly Report for Q1 Ended Mar 31, 2020

Apr 28, 2020

S&P Global Inc. (SPGI) reported strong financial results for the first quarter of 2020, with a significant increase in revenue and operating profit compared to the prior year period. Revenue grew by 14% to $1,786 million, driven by broad-based growth across all reportable segments, particularly in Ratings due to higher corporate bond issuance and in Indices from increased derivative trading volumes and AUM. Operating profit saw a substantial 29% increase to $912 million, leading to a 59% rise in diluted earnings per share to $2.62. This robust performance reflects the essential nature of SPGI's data and analytics services in volatile market conditions. The company also demonstrated strong operational execution, with expense management contributing to margin expansion. Despite the onset of the COVID-19 pandemic, which the company is closely monitoring, its diversified business model and essential services provided resilience. SPGI continued its commitment to shareholder returns through increased dividends and significant share repurchases, underscoring its solid financial position and confidence in its business outlook.

S&P Global Inc. Quarterly Report for Q3 Ended Sep 30, 2019

Oct 30, 2019

S&P Global Inc. (SPGI) reported strong financial performance for the third quarter and first nine months of 2019, with significant increases in revenue and operating profit compared to the prior year. The company's diversified business segments, including Ratings, Market Intelligence, Platts, and Indices, all contributed to this growth, driven by factors such as increased corporate bond ratings revenue, strong demand for market data, and higher asset management fees. Profitability was boosted by operational efficiencies and strategic divestitures, including the sale of RigData and SPIAS, which resulted in gains. Despite some increased operating costs related to technology and compensation, the company demonstrated effective cost management, leading to substantial year-over-year improvements in operating profit and diluted earnings per share. SPGI also continued its commitment to returning capital to shareholders through share repurchases and dividends, reinforcing its financial strength and positive outlook.

S&P Global Inc. Quarterly Report for Q2 Ended Jun 30, 2019

Aug 1, 2019

S&P Global Inc. (SPGI) reported strong financial results for the quarter and six months ended June 30, 2019, demonstrating robust revenue growth and improved profitability across its diverse business segments. Total revenue increased by 6% for the quarter and 3% for the six-month period, driven by strong performance in Market Intelligence, Indices, and Platts, supported by sustained demand for their data, analytics, and benchmark services. Operating profit saw a significant increase of 21% for the quarter and 10% for the six months, reflecting effective cost management and the benefit of higher revenue, partially offset by strategic investments and restructuring charges. Key growth drivers include expanding subscription revenue in Market Intelligence and Platts, alongside increased asset-linked fees in Indices due to higher assets under management. The company's Ratings segment experienced mixed performance with strong corporate bond ratings offsetting a decline in bank loan ratings. S&P Global continues to focus on its strategic priorities, including delivering revenue growth, margin expansion, and returning capital to shareholders through dividends and share repurchases, while investing in technology and innovation to maintain its market leadership.

S&P Global Inc. Quarterly Report for Q1 Ended Mar 31, 2019

May 3, 2019

S&P Global Inc. (SPGI) reported its first-quarter 2019 financial results, showing relatively stable revenue of $1.571 billion, a slight increase from $1.567 billion in the prior year period. Operating profit saw a minor decrease to $705 million from $711 million, impacted by higher amortization expenses and Kensho retention costs, though underlying operational improvements were noted. Net income attributable to S&P Global Inc. decreased by 16% to $410 million, translating to diluted EPS of $1.65, down from $1.93 in Q1 2018. This decline was primarily influenced by a significant pension settlement charge of $113 million incurred in the current quarter. The company continued its capital return strategy, repurchasing shares worth $644 million and increasing its quarterly dividend to $0.57 per share. Segment performance showed mixed results, with Market Intelligence and Platts demonstrating solid revenue growth, while Ratings experienced a decline, primarily due to lower bank loan and corporate bond ratings revenue. Indices revenue saw a slight increase, bolstered by a recent intellectual property buyout. The company remains focused on its strategic priorities across finance, customer engagement, operations, and people, aiming for continued revenue growth and margin expansion.

S&P Global Inc. Quarterly Report for Q3 Ended Sep 30, 2018

Oct 26, 2018

S&P Global Inc. (SPGI) reported solid financial results for the third quarter and first nine months of 2018, demonstrating continued revenue growth and profitability. Revenue increased by 2% for the quarter and 6% year-to-date, driven by strong performance across its segments, particularly Market Intelligence and Indices. Net income attributable to S&P Global Inc. saw a significant increase of 20% for the quarter and 17% year-to-date, reflecting improved operational efficiency and the benefits of the Tax Cuts and Jobs Act. The company continued to execute its strategic priorities, including investments in technology and acquisitions, such as the Kensho acquisition. Shareholder value was enhanced through increased dividends and substantial share repurchases. Despite some headwinds like foreign exchange fluctuations and increased expenses in certain areas, S&P Global's diversified business model and strong market positions across its Ratings, Market Intelligence, Platts, and Indices segments position it well for continued growth and value creation.

S&P Global Inc. Quarterly Report for Q2 Ended Jun 30, 2018

Jul 26, 2018

S&P Global Inc. (SPGI) reported solid financial results for the second quarter and first half of 2018, demonstrating robust revenue growth across its key segments. Total revenue increased by 7% for both the three and six-month periods compared to the prior year, driven by strong performance in Ratings, Market Intelligence, and Indices. The acquisition of Kensho in April 2018 is beginning to be integrated, contributing to growth and expanded technological capabilities. Profitability remained strong, with operating profit increasing by 1% for the quarter and 6% for the first half, despite a significant legal settlement expense in 2018. Diluted Earnings Per Share (EPS) saw a notable increase of 12% for the quarter and 19% for the first half, reflecting operational efficiency and the positive impact of the Tax Cuts and Jobs Act. The company also continued its commitment to shareholder returns through increased dividends and substantial share repurchases.

S&P Global Inc. Quarterly Report for Q1 Ended Mar 31, 2018

Apr 26, 2018

S&P Global Inc. (SPGI) reported a strong first quarter for 2018, with an 8% increase in revenue to $1.57 billion and an 11% rise in operating profit to $711 million, compared to the same period in 2017. This growth was broad-based across all segments, driven by increases in subscription and non-transaction revenues, as well as asset-linked fees and sales usage-based royalties. Diluted earnings per share saw a significant increase of 26% to $1.93. The company also actively returned capital to shareholders, with a substantial increase in share repurchases, including a $1 billion accelerated share repurchase program. Despite a substantial decrease in cash and cash equivalents due to these financing activities, S&P Global maintained a strong financial position. The adoption of new revenue recognition standards (ASC 606) had a minimal impact on current period results, with a slight increase in revenue.

S&P Global Inc. Quarterly Report for Q3 Ended Sep 30, 2017

Oct 26, 2017

S&P Global Inc. (SPGI) reported its third-quarter and year-to-date results for the period ending September 30, 2017. The company demonstrated steady revenue growth, with a 5% increase for both the three and nine-month periods, reaching $1,513 million and $4,475 million, respectively. This growth was primarily driven by strong performance in the Ratings and Indices segments, fueled by increased corporate bond ratings, bank loan ratings, and higher assets under management for ETFs and mutual funds. However, operating profit saw a significant decline, down 51% for the quarter and 21% year-to-date. This reduction is largely attributable to the absence of a substantial gain on the sale of J.D. Power in the prior year's comparable periods. Excluding this one-time item, operating profit showed a healthy increase of 10% for the quarter and 14% year-to-date, reflecting the underlying operational strength. Diluted EPS decreased significantly to $1.61 for the quarter and $4.75 year-to-date, primarily due to the aforementioned gain on sale in the prior year.

S&P Global Inc. Quarterly Report for Q2 Ended Jun 30, 2017

Jul 27, 2017

S&P Global Inc. (SPGI) reported solid financial results for the second quarter and first half of 2017, showcasing a continued growth trajectory. Revenue increased by 2% to $1.51 billion for the quarter and 5% to $2.96 billion for the first half, driven primarily by the Ratings and Indices segments. Operating profit also saw significant improvements, up 4% to $677 million for the quarter and 14% to $1.32 billion for the half, indicating effective cost management and operational efficiencies. Diluted Earnings Per Share (EPS) demonstrated robust growth, rising 13% to $1.62 for the quarter and 24% to $3.15 for the half. This growth reflects the company's strong performance and its ability to generate value for shareholders. The company continued its commitment to returning capital to shareholders through dividends and share repurchases, while also maintaining a strong liquidity position with a significant cash balance and an undrawn credit facility.

S&P Global Inc. Quarterly Report for Q1 Ended Mar 31, 2017

Apr 26, 2017

S&P Global Inc. (SPGI) reported strong financial performance for the first quarter of 2017, with total revenue increasing by 8% to $1.45 billion compared to the same period in 2016. This growth was primarily driven by robust performance in the Ratings and Indices segments, which saw increases in transaction revenues and asset-linked fees, respectively. Net income attributable to S&P Global Inc. rose significantly by 35% to $399 million, translating to a 39% increase in diluted earnings per share to $1.53. The company demonstrated effective cost management, with total expenses decreasing by 3% due to lower operating-related expenses, largely from strategic divestitures. This led to a substantial 27% increase in operating profit to $648 million. S&P Global also maintained a strong liquidity position, with cash and cash equivalents increasing to $2.41 billion. Overall, the quarter reflects positive momentum driven by core business growth and strategic operational efficiencies. The company's focus on its strategic priorities of growth and excellence, coupled with solid financial results, positions it well for continued value creation for shareholders.

S&P Global Inc. Quarterly Report for Q3 Ended Sep 30, 2016

Nov 3, 2016

S&P Global Inc. (SPGI) reported strong financial performance for the nine months ended September 30, 2016, with a significant increase in revenue and operating profit compared to the same period in 2015. This growth was largely driven by the successful integration of the SNL Financial acquisition and solid performance across its core segments, particularly S&P Global Market Intelligence and S&P Global Ratings. A substantial contributor to the period's results was the gain of $722 million from the sale of the J.D. Power business. Excluding this one-time gain, the company demonstrated robust organic growth, highlighting the resilience and strategic positioning of its information and analytics services. The company also continued its commitment to shareholder returns through significant share repurchases and dividend payouts, reinforcing its financial strength.

S&P Global Inc. Quarterly Report for Q2 Ended Jun 30, 2016

Jul 28, 2016

S&P Global Inc. (SPGI) reported solid financial results for the second quarter and first half of 2016, showcasing revenue growth and improved operating profit. The company saw a 10% increase in revenue for the quarter, reaching $1.48 billion, and an 8% increase for the first half, totaling $2.82 billion, driven by strong performance across its S&P Global Ratings, S&P Global Market Intelligence, S&P Dow Jones Indices, and S&P Global Platts segments. This growth was bolstered by acquisitions, particularly SNL Financial, and organic expansion in contract values and demand for proprietary content. Operating profit also demonstrated healthy gains, increasing by 12% for the quarter to $651 million and 7% for the first half to $1.16 billion. Diluted earnings per share rose to $1.44 for the quarter and $2.54 for the first half, reflecting the company's ability to convert revenue growth into profitability. The company also reaffirmed its financial strength, with ample liquidity and ongoing share repurchase programs, signaling confidence in its business model and future prospects.

S&P Global Inc. Quarterly Report for Q1 Ended Mar 31, 2016

Apr 26, 2016

S&P Global Inc. (SPGI) reported a 5% increase in revenue to $1,341 million for the first quarter of 2016 compared to the same period in 2015. This growth was primarily driven by strong performance in its S&P Global Market Intelligence, S&P Dow Jones Indices, and Commodities & Commercial Markets segments, fueled by acquisitions and organic growth. Despite a 2% increase in operating profit to $512 million, the company's net income attributable to McGraw Hill Financial, Inc. saw a slight decrease of 3% to $294 million. The company is actively managing its portfolio, announcing the sale of J.D. Power and other businesses in early 2016. These strategic divestitures, along with ongoing investments in its core data and analytics offerings, indicate a focus on streamlining operations and enhancing future profitability. Investors should note the ongoing legal and regulatory matters, particularly those related to S&P Ratings, which continue to present potential risks.

S&P Global Inc. Quarterly Report for Q3 Ended Sep 30, 2015

Nov 4, 2015

S&P Global Inc. (SPGI), formerly McGraw Hill Financial, Inc., reported solid financial results for the third quarter and the first nine months of 2015, demonstrating revenue growth and improved operating profit. The company's performance was largely driven by strategic acquisitions, notably the significant purchase of SNL Financial LC, which bolstered the S&P Capital IQ and SNL segment. This acquisition, along with smaller ones like Petromedia and Used Car Guide, contributed to revenue growth across most segments. Despite some headwinds from foreign exchange rates impacting international revenue, the overall financial health appears robust, supported by strong cash flow generation and a healthy balance sheet. Investors will find the continued revenue growth, particularly in subscription-based services, and the strategic expansion through acquisitions to be positive indicators. The company's focus on driving growth and performance, coupled with operational efficiency, suggests a commitment to long-term value creation. However, ongoing legal and regulatory matters, though managed, remain a point of attention.

S&P Global Inc. Quarterly Report for Q2 Ended Jun 30, 2015

Jul 28, 2015

S&P Global Inc. (SPGI), formerly McGraw Hill Financial, Inc., reported strong financial performance for the six months ended June 30, 2015. Revenue increased by 5% year-over-year to $2.615 billion, driven by growth across all major segments, particularly S&P Capital IQ, S&P Dow Jones Indices, and Commodities & Commercial Markets (C&C). Operating profit saw a substantial 21% increase, reaching $1.083 billion, reflecting effective cost management and operational efficiencies, including benefits from prior restructuring actions and legal insurance recoveries. The company also demonstrated robust earnings per share growth from continuing operations, with diluted EPS rising to $2.38 from $1.91 in the prior-year period. Financially, SPGI strengthened its liquidity by issuing $700 million in senior notes and entering into a new $1.2 billion credit facility. The company continues to return capital to shareholders through dividends and share repurchases, while also investing in strategic growth initiatives, highlighted by the pending acquisition of SNL Financial for $2.225 billion, which is expected to significantly enhance its data and analytics capabilities. Despite a significant use of cash in operating activities during the first half of 2015, largely due to the payment of legal and regulatory settlements, the company's overall financial health remains strong. Management is focused on creating growth through innovation and customer focus, and driving performance through operational excellence, positioning SPGI for continued success in its core markets.

S&P Global Inc. Quarterly Report for Q1 Ended Mar 31, 2015

Apr 28, 2015

S&P Global Inc. (formerly McGraw Hill Financial, Inc.) reported solid revenue and profit growth for the first quarter of 2015 compared to the same period in 2014. Revenue increased by 6% to $1.27 billion, driven by strong performance across its key segments, particularly S&P Ratings and S&P Capital IQ. Operating profit saw a significant jump of 19% to $501 million, reflecting improved operational efficiency and the benefit of certain legal settlement recoveries. The company also demonstrated a healthy increase in diluted earnings per share from continuing operations, up 26% to $1.10. Management highlighted strategic priorities focused on creating growth through customer engagement and innovation, and driving performance through operational excellence. The company maintained a strong liquidity position, although cash and equivalents decreased due to the payment of significant legal and regulatory settlements. Key drivers for revenue growth included an increase in transaction revenue at S&P Ratings from corporate bond ratings and U.S. public finance, and growth at S&P Capital IQ driven by higher average contract values. While the company faced some headwinds from foreign exchange rates, the overall financial results indicate a positive trajectory for the business.

S&P Global Inc. Quarterly Report for Q3 Ended Sep 30, 2014

Oct 29, 2014

S&P Global Inc. (formerly McGraw Hill Financial, Inc.) reported a mixed financial performance for the nine months ended September 30, 2014. While consolidated revenue saw a modest increase of 8% to $3.76 billion, net income attributable to McGraw Hill Financial, Inc. common shareholders decreased significantly by 39% to $731 million, largely impacted by a substantial gain from the sale of McGraw Hill Education in the prior year period. The company continued its strategic portfolio rationalization, announcing the agreement to sell McGraw Hill Construction, which was reclassified as held for sale. The core business segments showed varying performance. S&P Ratings revenue grew but operating profit declined due to a significant $60 million charge for regulatory matters, while S&P Capital IQ and S&P Dow Jones Indices demonstrated solid revenue and operating profit growth. The Commodities & Commercial Markets segment saw revenue growth but a decline in operating profit for the quarter, impacted by restructuring charges and a prior year gain on sale. Key financial activities included a continued focus on capital allocation through share repurchases and a quarterly dividend increase. The company maintained a strong liquidity position with a notable increase in cash and equivalents and a healthy credit facility. Investors should note the ongoing legal and regulatory proceedings, particularly those affecting S&P Ratings, which pose potential financial and operational risks.

S&P Global Inc. Quarterly Report for Q2 Ended Jun 30, 2014

Jul 29, 2014

S&P Global Inc. (SPGI), formerly McGraw Hill Financial, Inc., reported solid financial performance for the second quarter and first six months of 2014. Revenue for both periods saw a notable increase, driven by growth across its key segments: S&P Ratings, S&P Capital IQ, and S&P Dow Jones Indices. The company demonstrated improved profitability, with operating profit rising significantly year-over-year, reflecting effective cost management and revenue synergies. Despite ongoing legal proceedings and regulatory scrutiny, particularly concerning S&P Ratings, the company maintains a strong balance sheet and positive cash flow from operations. Shareholder returns were supported by dividend increases and ongoing share repurchase programs. Investors should note the continued strategic focus on essential intelligence for capital, commodities, and commercial markets, with an emphasis on innovation and operational excellence. The company is also navigating potential impacts from new accounting standards expected to be implemented in the coming years.

S&P Global Inc. Quarterly Report for Q1 Ended Mar 31, 2014

Apr 29, 2014

S&P Global Inc. (formerly McGraw Hill Financial, Inc.) reported solid financial performance for the first quarter of 2014, with a notable increase in revenue and operating profit compared to the same period in the prior year. Revenue grew 5% to $1,236 million, primarily driven by growth in subscription/non-transaction revenue across its core segments, particularly S&P Dow Jones Indices and S&P Capital IQ. Operating profit saw a substantial 55% increase to $430 million, reflecting improved operational efficiencies and the favorable impact of revenue growth. The company's strategic initiatives, including portfolio rationalization and a focus on core intelligence businesses, appear to be yielding positive results. The divestiture of McGraw Hill Education in the prior year significantly impacted the prior-year's net income due to a large gain, making the year-over-year net income comparison less direct. However, income from continuing operations increased by a strong 58% to $275 million, demonstrating the underlying strength of the ongoing business segments. The company also continued its commitment to shareholder returns through dividends and share repurchases.

S&P Global Inc. Quarterly Report for Q3 Ended Sep 30, 2013

Oct 22, 2013

S&P Global Inc. (SPGI), formerly McGraw Hill Financial, Inc., reported strong performance for the nine months ended September 30, 2013, driven by its core analytics and content businesses. The company successfully divested its McGraw-Hill Education segment, generating a significant after-tax gain of $592 million, which bolstered net income. Revenue saw a healthy increase of 12% year-over-year, primarily fueled by growth in S&P Ratings, S&P Capital IQ, and S&P Dow Jones Indices segments. Operating profit increased by 30% to $1,121 million, demonstrating effective cost management and operational efficiencies. Diluted earnings per share from continuing operations saw a substantial rise of 33% to $2.27. The company also actively managed its capital structure, repurchasing significant amounts of its own stock and increasing its dividend payout. These factors indicate a positive trajectory for the company, highlighting its strategic focus on its high-value information and analytics services.

S&P Global Inc. Quarterly Report for Q2 Ended Jun 30, 2013

Jul 25, 2013

S&P Global Inc. (SPGI), formerly McGraw Hill Financial, Inc., reported strong revenue and operating profit growth for the second quarter and first half of 2013 compared to the prior year. This was largely driven by significant increases in transaction revenue within the S&P Ratings segment, fueled by robust debt issuance in high-yield and investment-grade markets. The S&P Dow Jones Indices segment also showed substantial revenue and profit growth, benefiting from its joint venture. Operationally, the company divested its McGraw-Hill Education business in March 2013, which contributed a significant after-tax gain. This divestiture, along with strategic focus on its core data and analytics services, positions the company for future growth. While expenses increased, particularly in operating-related and selling/general categories driven by investments and prior-year restructuring costs, the company's operating profit saw a considerable increase. Liquidity remains strong, with a significant increase in cash and equivalents and a new credit facility established. Investors should note the positive revenue trends across key segments, the impact of the MHE divestiture, and the ongoing strategic investments. The company also highlighted its commitment to shareholder returns through dividend increases and share repurchases.

S&P Global Inc. Quarterly Report for Q1 Ended Mar 31, 2013

Apr 30, 2013

S&P Global Inc. (SPGI) reported its first quarter 2013 results, marked by significant strategic divestitures and solid performance in its core information and analytics businesses. The company successfully completed the sale of its McGraw-Hill Education (MHE) segment for $2.4 billion in cash, recognizing a substantial after-tax gain of $612 million, which significantly boosted net income. This divestiture is part of a broader strategic shift to focus on the capital, commodities, and commercial markets. Operationally, the core segments, including S&P Ratings, S&P Capital IQ, and S&P Dow Jones Indices, demonstrated robust revenue growth, driven by factors like increased bond issuance for S&P Ratings, expanded subscription bases for S&P Capital IQ, and the formation of the S&P Dow Jones Indices joint venture. Despite a slight decrease in overall operating profit due to higher expenses related to growth initiatives and legal settlements, the company's financial position remains strong, supported by healthy cash flows and a renewed focus on shareholder returns through share repurchases and dividend increases.

S&P Global Inc. Quarterly Report for Q3 Ended Sep 30, 2012

Nov 2, 2012

S&P Global Inc. (SPGI), formerly The McGraw-Hill Companies, Inc., reported revenue of $1.953 billion for the third quarter of 2012, a slight increase of 2% year-over-year, while nine-month revenue reached $4.830 billion, up 2% as well. Despite revenue growth, operating profit saw a decline of 13% to $528 million for the quarter and 6% to $1.114 billion for the nine months, impacted by significant "Growth and Value Plan" costs, including restructuring charges and professional fees, totaling $99 million in the quarter and $174 million year-to-date. The company is actively pursuing a separation of its education business (McGraw-Hill Education - MHE) either through a spin-off or sale, which is a key strategic initiative. The S&P Ratings segment demonstrated strong performance with a 22% revenue increase in the quarter, driven by high-yield corporate bond issuance. Conversely, the McGraw-Hill Education segment experienced an 11% revenue decline, largely due to lower sales in school education. The company's financial position remains strong, with cash and equivalents of $1.243 billion, and it continues to return capital to shareholders through dividends and share repurchases.

S&P Global Inc. Quarterly Report for Q2 Ended Jun 30, 2012

Jul 26, 2012

S&P Global Inc. (SPGI), formerly The McGraw-Hill Companies, Inc., reported stable total revenue for the six months ended June 30, 2012, compared to the same period in 2011, driven by growth in its Service revenue which offset a decline in Product revenue. The company's strategic Growth and Value Plan, aimed at separating into two public companies (McGraw-Hill Financial and McGraw-Hill Education), incurred significant costs. Despite these costs, operating income saw a modest increase, and diluted earnings per share rose by 11% to $1.19 for the six-month period. The company's core financial information segments, S&P Ratings and S&P Capital IQ / S&P Indices, demonstrated revenue growth, bolstered by increased demand for financial data and analytics. Acquisitions in these segments, such as S&P/Dow Jones Indices and QuantHouse, are expected to enhance future offerings. Conversely, the McGraw-Hill Education segment experienced revenue declines, though operating losses improved due to cost-saving measures. The company maintains a strong liquidity position and is executing its strategic plan, with the separation expected by year-end 2012.

S&P Global Inc. Quarterly Report for Q1 Ended Mar 31, 2012

Apr 25, 2012

S&P Global Inc. (SPGI) reported first-quarter 2012 results showing a modest increase in revenue and operating income compared to the prior year. Total revenue rose by 6% to $1.33 billion, while operating income grew by 2% to $221 million. Diluted Earnings Per Share (EPS) increased by 12% to $0.43, reflecting effective cost management and a reduction in outstanding shares due to share repurchases. The company is actively executing a "Growth and Value Plan" aimed at separating into two distinct public companies: McGraw-Hill Financial and McGraw-Hill Education. This strategic move is expected to be completed by the end of 2012. First-quarter results were impacted by $33 million in costs associated with this separation plan, primarily within selling and general expenses. Despite these costs, key growth drivers included S&P Capital IQ / S&P Indices and Commodities & Commercial (C&C) segments, which saw revenue increases of 9% and 13%, respectively. S&P Ratings experienced a slight revenue increase but a modest operating income decline due to higher personnel and legal expenses.

S&P Global Inc. Quarterly Report for Q3 Ended Sep 30, 2011

Oct 21, 2011

S&P Global Inc.'s (SPGI) third-quarter 2011 10-Q filing reveals a company navigating a challenging economic environment while demonstrating resilience across its key business segments. Investors should note the company's continued revenue generation, although growth may be impacted by global economic uncertainties. The report provides a detailed look into the company's financial performance and operational health, offering insights into its ability to manage costs and maintain profitability in the face of market volatility. Management's discussion and analysis will be crucial for understanding the specific drivers of performance and the outlook for the remainder of the fiscal year. Key areas of focus for investors include the performance of its credit ratings, market and commodities intelligence, and business solutions segments. The filing will detail revenue trends, operating expenses, and any significant capital allocation activities or debt management strategies. Understanding the company's risk factors and legal proceedings will also be important for a comprehensive assessment of the company's current standing and future potential. Overall, this filing provides a snapshot of SPGI's financial condition as of September 29, 2011, and its performance through the first nine months of the year.

S&P Global Inc. Quarterly Report for Q2 Ended Jun 30, 2011

Jul 28, 2011

S&P Global Inc. (SPGI) reported its financial results for the second quarter and first half of 2011 in this 10-Q filing. The company demonstrated continued revenue growth and solid profitability during the period. Key drivers included strong performance across its various business segments, reflecting the ongoing demand for its data, analytics, and credit ratings services in a dynamic global economic environment. Investors should note the company's ability to generate consistent cash flow, supporting its ongoing investments and shareholder returns. The filing provides detailed financial statements, including income statements, balance sheets, and cash flow statements, along with management's discussion and analysis of the company's financial condition and results of operations. Investors can gain insights into the factors influencing the company's performance, such as market trends, competitive landscape, and strategic initiatives. While the report indicates a healthy financial position, it's crucial for investors to also consider the risk factors outlined in the filing for a comprehensive understanding of potential challenges.

S&P Global Inc. Quarterly Report for Q1 Ended Mar 31, 2011

Apr 27, 2011

S&P Global Inc. (SPGI) reported its first quarter 2011 financial results, showcasing continued growth and resilience. The company demonstrated strong revenue performance, driven by its core businesses, with notable contributions from its Ratings Services and Information Services segments. Management's discussion indicates a positive outlook, supported by strategic initiatives and operational efficiencies implemented during the period. Investors should note the company's ability to generate consistent cash flow, which supports its ongoing investment in growth opportunities and shareholder returns.

S&P Global Inc. Quarterly Report for Q3 Ended Sep 30, 2010

Oct 29, 2010

S&P Global Inc. (formerly The McGraw-Hill Companies, Inc.) reported solid financial results for the nine months ended September 29, 2010, demonstrating revenue growth across its key segments and improved profitability. Total revenue increased by 3.5% to $4.64 billion, while operating profit saw a significant jump of 20.2% to $1.27 billion. This growth was primarily driven by strength in the McGraw-Hill Education (MHE) and Financial Services segments, with MHE revenue up 3.7% and operating profit up 43.2%, and Financial Services revenue up 6.7% and operating profit up 4.4%. The company highlighted the strategic acquisition of TheMarkets.com LLC within its Financial Services segment, aimed at enhancing its data and analytics offerings. Despite a revenue decline in the Information & Media segment, operating profit in this segment also improved year-over-year, largely due to the divestiture of BusinessWeek in late 2009. The company also reported an increase in net income attributable to The McGraw-Hill Companies, Inc. by 19.7% to $674.2 million for the nine-month period, with diluted earnings per share rising to $2.15.

S&P Global Inc. Quarterly Report for Q2 Ended Jun 30, 2010

Jul 23, 2010

S&P Global Inc. (SPGI), formerly The McGraw-Hill Companies, Inc., reported a solid financial performance for the quarter ending June 30, 2010. The company demonstrated revenue growth and a significant increase in net income attributable to controlling interests, rising to $191.1 million from $164.1 million in the prior year's quarter. This growth was driven by improvements across its key segments, particularly in Financial Services and Higher Education within the McGraw-Hill Education segment. The company also highlighted strong cash flow from operations, which increased by 22.2% year-over-year, underscoring its operational efficiency and financial health. Furthermore, SPGI's balance sheet remains robust with substantial assets and manageable liabilities. The company actively returned capital to shareholders through dividends and share repurchases, reflecting confidence in its ongoing business prospects and financial stability. Despite some industry-specific headwinds, such as a slowdown in construction and automotive markets, the company's diversified business model, with significant contributions from its Financial Services and Education segments, positions it well for continued performance.

S&P Global Inc. Quarterly Report for Q1 Ended Mar 31, 2010

Apr 28, 2010

S&P Global Inc. (SPGI), formerly The McGraw-Hill Companies, Inc., reported its first-quarter results for 2010, showing a significant increase in net income and diluted EPS compared to the same period in 2009. Total revenue grew to $1.19 billion, up from $1.15 billion year-over-year, driven primarily by strong performance in the Financial Services segment. This segment benefited from increased transaction revenues due to high-yield corporate bond issuance and growth in credit ratings information products. The McGraw-Hill Education segment showed a narrower operating loss despite a slight revenue increase, attributed to higher education sales and cost-saving initiatives. The Information Media segment experienced a revenue decline, largely due to the divestiture of BusinessWeek, but saw a substantial improvement in operating profit. The company maintained a strong liquidity position, with cash and cash equivalents at $1.21 billion, and demonstrated effective cash flow management, with operating activities providing $102.8 million.

S&P Global Inc. Quarterly Report for Q3 Ended Sep 30, 2009

Oct 28, 2009

S&P Global Inc. (SPGI) reported a decrease in revenue and net income for both the third quarter and the first nine months of 2009 compared to the prior year. This decline is primarily attributed to challenging economic conditions impacting all three of its operating segments: McGraw-Hill Education, Financial Services, and Information Media. The company is undergoing strategic divestitures, including the planned sale of BusinessWeek, to streamline operations and focus on core businesses. Despite revenue pressures, SPGI maintained operational discipline, with total expenses decreasing year-over-year. The company also highlighted its strong liquidity position and manageable debt levels, with no borrowings under its credit facilities at the end of the period. Investors should note the ongoing impact of the economic downturn, particularly on educational spending and financial market activity, but also the company's strategic adjustments and efforts to manage costs.

S&P Global Inc. Quarterly Report for Q2 Ended Jun 30, 2009

Jul 29, 2009

S&P Global Inc. (SPGI), formerly The McGraw-Hill Companies, Inc., reported its financial results for the second quarter and the first six months of 2009. The company experienced a decline in total revenue for both periods compared to 2008, with a decrease of 12.4% in the second quarter to $1.465 billion and a 9.6% decrease for the six months to $2.613 billion. This revenue drop was attributed to a challenging economic environment impacting all three of its operating segments: McGraw-Hill Education, Financial Services, and Information & Media. Net income also saw a significant decrease, with second-quarter net income attributable to the company falling 22.7% to $164.1 million, or $0.52 per diluted share, down from $0.66 in the prior year. For the first six months, net income decreased by 22.6% to $227.1 million, or $0.73 per diluted share, compared to $0.91 in the same period of 2008. The company is navigating these challenges through cost-saving initiatives and restructuring plans across its segments, while maintaining a strong liquidity position with cash and equivalents increasing to $556.1 million.