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 increased by 16% YoY, reaching $3.575 billion in Q3 2024, compared to $3.084 billion in Q3 2023, indicating robust growth across its segments.
The company's operating profit margin improved to 40% in Q3 2024, compared to 35% in Q3 2023, demonstrating enhanced profitability and operational efficiency.
Diluted earnings per share rose to $3.11 in Q3 2024, up from $2.33 in Q3 2023, reflecting a significant increase in profitability and shareholder value.