Sector: Financials|Industry: Financial Data & Stock Exchanges|Market Cap: $156.77B|Employees: 40.5K
S&P Global Inc. provides credit ratings, benchmarks, analytics, and workflow solutions across global capital, commodity, and automotive markets. Its primary revenue streams are from subscriptions and transactions, serving a diverse client base including asset managers, banks, and corporations. The company holds a leading market position due to its extensive data and analytics capabilities, global reach, and strong brand reputation.
S&P Global's revenue reached $3.549 billion in Q2 2024, a 14% increase compared to $3.101 billion in Q2 2023. This growth is driven by increases across multiple segments, indicating strong demand for the company's services.
Operating profit increased significantly to $1.452 billion in Q2 2024, a 59% increase from $911 million in Q2 2023. This reflects improved operational efficiency and strong revenue growth.
Diluted earnings per share (EPS) rose to $3.23 in Q2 2024, a substantial increase from $1.60 in Q2 2023. This highlights strong profitability and earnings growth for the company.