S&P Global Inc.

10-K & 10-Q Filings

S&P Global Inc. is a leading provider of credit ratings, benchmarks, analytics, and workflow solutions in the global capital, commodity, and automotive markets. The company's businesses include S&P Global Market Intelligence, S&P Global Ratings, S&P Global Commodity Insights, S&P Global Mobility, and S&P Dow Jones Indices. Its revenue is generated from subscription and non-subscription services, including data, analytics, and software solutions. The company operates in five segments: Market Intelligence, Ratings, Commodity Insights, Mobility, and Indices. As of December 31, 2023, the company had approximately 40,450 permanent employees worldwide. S&P Global's website is www.spglobal.com, and its ticker symbol is SPGI on the New York Stock Exchange.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$6246.00
4450.00
4875.00
5051.00
5313.00
5661.00
6063.00
6258.00
6699.00
7442.00
8297.00
11181.00
12497.00
3160.00
3491.00
5.95%10.47%Cost of Revenue (-)
$2400.00
1460.00
1584.00
1627.00
1672.00
1769.00
1713.00
1701.00
1801.00
2092.00
2195.00
3766.00
4141.00
1088.00
1120.00
4.65%2.94%Gross Profit (+)
$3846.00
2990.00
3291.00
3424.00
3641.00
3892.00
4350.00
4557.00
4898.00
5350.00
6102.00
7415.00
8356.00
2072.00
2371.00
6.68%14.43%Selling, General & Administrative (-)
$2281.00
1709.00
1737.00
3168.00
1578.00
1443.00
1560.00
1561.00
1517.00
1543.00
1714.00
3383.00
3159.00
705.00
705.00
2.75%0.00%Depreciation & Amortization (-)
$156.00
122.00
137.00
134.00
157.00
181.00
180.00
206.00
204.00
206.00
178.00
1013.00
1143.00
287.00
287.00
18.05%0.00%Operating Expenses (-)
$4837.00
3291.00
3458.00
4929.00
3407.00
3393.00
3453.00
3468.00
1721.00
1733.00
1881.00
2498.00
4372.00
942.00
992.00
-0.84%5.31%Costs & Expenses (Total) (-)
$7237.00
4751.00
5042.00
6556.00
5079.00
5162.00
5166.00
5169.00
3522.00
3841.00
4087.00
6237.00
8443.00
2016.00
2112.00
1.29%4.76%Operating Income/Loss (+)
$1422.00
1211.00
1405.00
113.00
1917.00
3369.00
2610.00
2790.00
3226.00
3617.00
4221.00
4944.00
4020.00
1144.00
1385.00
9.05%21.07%Non-operating Income/Expense (+)
$
25.00
-98.00
-248.00
62.00
89.00
21.00
3.00
15.00
400.00%Interest Expense (-)
$75.00
81.00
59.00
59.00
102.00
181.00
149.00
134.00
198.00
141.00
119.00
304.00
334.00
85.00
78.00
13.25%-8.24%Earnings before Tax (+)
$1347.00
1130.00
1346.00
54.00
1815.00
3188.00
2461.00
2681.00
2930.00
3228.00
4164.00
4702.00
3671.00
1048.00
1316.00
8.71%25.57%Tax Expense (-)
$489.00
404.00
443.00
245.00
547.00
960.00
823.00
560.00
627.00
694.00
901.00
1180.00
778.00
188.00
248.00
3.95%31.91%Income/Loss (Continuing Operations) (+)
$858.00
726.00
903.00
-191.00
1268.00
2228.00
1638.00
2121.00
2303.00
2534.00
3263.00
3522.00
2893.00
860.00
1068.00
10.66%24.19%Income/Loss (Discontinued Operations) (+)
$76.00
-234.00
563.00
178.00
Profit/Loss (+)
$934.00
492.00
1466.00
-13.00
1268.00
2228.00
1638.00
2121.00
2303.00
2534.00
3263.00
3522.00
2893.00
860.00
1068.00
9.88%24.19%Net Income/Loss (NCI) (-)
$23.00
Net Income/Loss (+)
$911.00
437.00
1376.00
-115.00
1156.00
2106.00
1496.00
1958.00
2123.00
2339.00
3024.00
3248.00
2626.00
795.00
991.00
9.22%24.65%Net Income/Loss (Common) (+)
$911.00
437.00
1376.00
-115.00
1156.00
2106.00
1496.00
1958.00
2123.00
2339.00
3024.00
3248.00
2626.00
795.00
991.00
9.22%24.65%EPS (Basic)
$3.05
1.57
5.01
-0.42
4.26
8.02
5.84
7.80
8.65
9.71
12.56
10.25
8.25
2.47
3.16
8.65%27.94%EPS (Diluted)
$3.00
1.53
4.91
-0.42
4.21
7.94
5.78
7.73
8.60
9.66
12.51
10.20
8.23
2.47
3.16
8.77%27.94%Weighted Avg Shares (Basic)
298.00
278.60
274.50
271.50
271.60
262.80
256.30
250.90
245.40
241.00
240.80
316.90
318.40
321.30
313.60
0.55%-2.40%Weighted Avg Shares (Diluted)
304.00
284.60
279.80
271.50
274.60
265.20
258.90
253.20
246.90
242.10
241.80
318.50
318.90
322.10
314.00
0.40%-2.51%Cash
$944.00
760.00
1542.00
2497.00
1481.00
2392.00
2779.00
1941.00
2886.00
4122.00
6505.00
1287.00
1291.00
1405.00
1544.00
2.64%9.89%Short-term Investments
$29.00
1.00
18.00
3.00
6.00
8.00
12.00
18.00
28.00
9.00
11.00
14.00
26.00
-0.91%Receivables
$1045.00
954.00
979.00
932.00
991.00
1122.00
1319.00
1449.00
1577.00
1593.00
1650.00
2494.00
2826.00
2478.00
2979.00
8.64%20.22%Inventory
$263.00
Prepaid Expenses (Current)
$138.00
127.00
228.00
171.00
206.00
142.00
214.00
179.00
221.00
264.00
323.00
574.00
1000.00
626.00
845.00
17.94%34.98%Other Assets (Current)
$260.00
2057.00
169.00
363.00
612.00
7.00
321.00
1298.00
1313.00
60.00
-95.43%Assets (Current)
$2679.00
3899.00
2936.00
3966.00
3296.00
3671.00
4324.00
3604.00
4712.00
5988.00
8810.00
5667.00
5143.00
5822.00
5428.00
5.59%-6.77%Securities & Long-term Investments
$
1752.00
1787.00
1750.00
1775.00
1.43%Property, Plant & Equipment (Net)
$500.00
1508.00
249.00
206.00
270.00
271.00
275.00
270.00
320.00
284.00
241.00
297.00
258.00
703.00
618.00
-5.36%-12.09%Accumulated Depreciation
$1066.00
772.00
617.00
563.00
585.00
537.00
554.00
596.00
622.00
587.00
620.00
859.00
794.00
-2.42%Goodwill & Intangibles
$2656.00
2519.00
2445.00
2391.00
4404.00
4455.00
4377.00
5059.00
4999.00
5087.00
4791.00
52851.00
52248.00
52985.00
51868.00
28.18%-2.11%Other Assets
$592.00
701.00
431.00
208.00
213.00
272.00
449.00
525.00
641.00
591.00
564.00
794.00
774.00
764.00
788.00
2.26%3.14%Assets (Non-current)
$3748.00
3153.00
3125.00
2805.00
4887.00
4998.00
5101.00
5854.00
6636.00
6549.00
6216.00
56117.00
55446.00
56202.00
55049.00
25.17%-2.05%Assets (Total)
$6427.00
7052.00
6061.00
6771.00
8183.00
8669.00
9425.00
9458.00
11348.00
12537.00
15026.00
61784.00
60589.00
62024.00
60477.00
20.56%-2.49%Accounts Payable
$1005.00
860.00
661.00
633.00
645.00
687.00
744.00
637.00
704.00
868.00
902.00
1319.00
1584.00
1060.00
1056.00
3.86%-0.38%Debt (Current)
$400.00
457.00
143.00
399.00
226.00
47.00
936.00
301.00
-16.34%-67.84%Other Liabilities (Current)
$1725.00
2350.00
1711.00
3334.00
2120.00
1924.00
2071.00
1992.00
2389.00
2719.00
2913.00
4454.00
4494.00
4398.00
4520.00
8.31%2.77%Liabilities (Current)
$3130.00
3667.00
2372.00
3967.00
2908.00
2611.00
3214.00
2629.00
3093.00
3587.00
3815.00
5999.00
6125.00
6394.00
5877.00
5.75%-8.09%Securities (Liabilities)
$
664.00
Debt (Non-current)
$798.00
799.00
799.00
799.00
3468.00
3564.00
3170.00
3662.00
4568.00
4110.00
4114.00
10730.00
11412.00
10727.00
11404.00
24.82%6.31%Other Liabilities
$915.00
1746.00
736.00
656.00
1564.00
1793.00
2273.00
2483.00
3151.00
4269.00
4990.00
8578.00
8752.00
8533.00
8772.00
20.70%2.80%Liabilities (Non-current)
$1713.00
2545.00
1535.00
1455.00
5032.00
5357.00
5443.00
6145.00
7719.00
8379.00
9104.00
19308.00
20164.00
19260.00
20176.00
22.81%4.76%Liabilities (Total)
$4843.00
6212.00
4717.00
6232.00
7940.00
7968.00
8657.00
8774.00
10812.00
11966.00
12919.00
25307.00
26289.00
25654.00
26053.00
15.14%1.56%Treasury Stock
$6240.00
6145.00
6746.00
6849.00
7729.00
8701.00
9602.00
11041.00
12299.00
13461.00
13469.00
25347.00
28411.00
25779.00
28991.00
13.46%12.46%Retained Earnings
$7667.00
6525.00
7384.00
6946.00
7636.00
9210.00
10025.00
11284.00
12205.00
13367.00
15017.00
17784.00
18728.00
18171.00
19433.00
7.73%6.95%AOCI
$-425.00
-517.00
-196.00
-514.00
-600.00
-773.00
-649.00
-742.00
-624.00
-637.00
-841.00
-886.00
-763.00
-861.00
-825.00
4.18%Shareholder's Equity
$1584.00
840.00
1344.00
539.00
243.00
701.00
768.00
684.00
536.00
571.00
2107.00
36477.00
34300.00
36370.00
34424.00
29.21%-5.35%Liabilities & Equity
$6427.00
7052.00
6061.00
6771.00
8183.00
8669.00
9425.00
9458.00
11348.00
12537.00
15026.00
61784.00
60589.00
62024.00
60477.00
20.56%-2.49%Net Income/Loss
$934.00
492.00
1466.00
-13.00
1268.00
2228.00
1638.00
2121.00
2303.00
2534.00
3263.00
3522.00
2893.00
860.00
1068.00
9.88%24.19%Depreciation & Amortization
$325.00
93.00
86.00
86.00
90.00
181.00
180.00
206.00
204.00
206.00
178.00
1013.00
1143.00
287.00
287.00
11.05%0.00%Increase/Decrease in Working Capital
$40.00
314.00
500.00
-1320.00
1642.00
38.00
13.00
511.00
2.00
-247.00
70.00
74.00
460.00
400.00
469.00
22.57%17.25%Share-based Compensation
$97.00
93.00
99.00
100.00
78.00
76.00
99.00
94.00
163.00
92.00
122.00
214.00
171.00
46.00
33.00
4.84%-28.26%Adjustments to Reconcile Net Income
$410.00
255.00
-650.00
1222.00
-1073.00
-764.00
378.00
-57.00
473.00
1033.00
335.00
-919.00
817.00
-266.00
-120.00
5.91%54.89%Net Cash (Operating)
$1344.00
747.00
816.00
1209.00
195.00
1464.00
2016.00
2064.00
2776.00
3567.00
3598.00
2603.00
3710.00
594.00
948.00
8.83%59.60%Capital Expenditure
$319.00
274.00
292.00
20.00
146.00
-1344.00
121.00
132.00
30.00
58.00
118.00
-3630.00
-575.00
250.00
25.00
-90.00%Net Cash (Investing)
$-246.00
-247.00
-130.00
-65.00
-2525.00
1205.00
-209.00
-513.00
-131.00
-240.00
-120.00
3628.00
562.00
-253.00
-20.00
92.09%Increase/Decrease in Debt
$
57.00
-457.00
2817.00
-71.00
86.00
218.00
-118.00
1665.00
556.00
710.00
250.00
-64.79%Increase/Decrease in Equity
$-1500.00
-295.00
-978.00
-362.00
-974.00
-1123.00
-926.00
-1626.00
-1200.00
-1148.00
13.00
-11997.00
-3288.00
-497.00
-499.00
-0.40%Interest Expenses
$71.00
77.00
50.00
50.00
65.00
150.00
139.00
151.00
162.00
159.00
130.00
240.00
369.00
14.72%Dividends Paid
$308.00
1008.00
383.00
410.00
467.00
496.00
532.00
657.00
703.00
839.00
970.00
1294.00
1427.00
368.00
359.00
13.63%-2.45%Net Cash (Financing)
$-1665.00
-905.00
-1743.00
-462.00
1510.00
-1600.00
-1507.00
-2288.00
-1751.00
-2166.00
-1013.00
-11326.00
-4280.00
-230.00
-657.00
-185.65%Cash Taxes Paid
$452.00
243.00
787.00
419.00
260.00
683.00
709.00
558.00
659.00
683.00
883.00
1555.00
1279.00
9.05%Effect of Exchange Rate
$-15.00
8.00
-65.00
-67.00
-158.00
87.00
-84.00
34.00
75.00
-82.00
-123.00
12.00
7.00
-18.00
-357.14%Increase/Decrease in Cash
$-582.00
-475.00
-276.00
1572.00
-1903.00
911.00
387.00
-821.00
928.00
1236.00
2383.00
-5218.00
4.00
118.00
253.00
114.41%Cash (Beginning)
$1526.00
835.00
760.00
1542.00
2497.00
1481.00
2392.00
2779.00
1958.00
2886.00
4122.00
6505.00
1287.00
1287.00
1291.00
-1.41%0.31%Cash (Ending)
$944.00
760.00
1542.00
2497.00
1481.00
2392.00
2779.00
1958.00
2886.00
4122.00
6505.00
1287.00
1291.00
1405.00
1544.00
2.64%9.89%NOPAT
$944.83
950.58
2226.50
-763.80
1642.39
2647.22
1858.07
2209.31
2500.43
2851.69
3325.91
3308.97
2619.41
938.78
1124.00
8.87%19.73%Gross Margin %
61.58%
67.19%
67.51%
67.79%
68.53%
68.75%
71.75%
72.82%
73.12%
71.89%
73.54%
66.32%
66.86%
65.57%
67.92%
Operating Margin %
22.77%
27.21%
28.82%
2.24%
36.08%
59.51%
43.05%
44.58%
48.16%
48.60%
50.87%
44.22%
32.17%
36.20%
39.67%
NOPAT Margin %
15.13%
21.36%
45.67%
-15.12%
30.91%
46.76%
30.65%
35.30%
37.33%
38.32%
40.09%
29.59%
20.96%
29.71%
32.20%
Net Margin %
14.59%
9.82%
28.23%
-2.28%
21.76%
37.20%
24.67%
31.29%
31.69%
31.43%
36.45%
29.05%
21.01%
25.16%
28.39%
Tax Rate %
33.56%
21.50%
-58.47%
775.93%
14.33%
21.42%
28.81%
20.81%
22.49%
21.16%
21.21%
33.07%
34.84%
17.94%
18.84%
ROA
14.70%
13.48%
36.73%
-11.28%
20.07%
30.54%
19.71%
23.36%
22.03%
22.75%
22.13%
5.36%
4.32%
1.51%
1.86%
ROE
59.65%
113.16%
165.66%
-141.71%
675.88%
377.64%
241.94%
323.00%
466.50%
499.42%
157.85%
9.07%
7.64%
2.58%
3.27%
ROIC
28.13%
27.02%
77.52%
-40.09%
34.96%
53.95%
37.07%
37.13%
42.46%
49.64%
60.73%
6.15%
4.87%
1.74%
2.11%
Asset Turnover
0.97
0.63
0.80
0.75
0.65
0.65
0.64
0.66
0.59
0.59
0.55
0.18
0.21
0.05
0.06
Inventory Turnover
9.13
Equity Multiplier
4.06
8.40
4.51
12.56
33.67
12.37
12.27
13.83
21.17
21.96
7.13
1.69
1.77
1.71
1.76
Current Ratio
0.86
1.06
1.24
1.00
1.13
1.41
1.35
1.36
1.52
1.67
2.31
0.94
0.84
0.91
0.92
Quick Ratio
0.64
0.47
1.07
0.87
0.85
1.35
1.28
1.30
1.45
1.60
2.14
0.63
0.68
0.61
0.77
Debt/Equity Ratio
0.76
1.50
0.59
1.48
14.86
5.08
4.65
5.35
8.52
7.20
1.95
0.30
0.33
0.32
0.34
Interest Coverage Ratio
20.03
15.73
28.10
2.26
29.49
22.46
18.78
18.48
19.91
22.75
32.47
20.60
10.89
Working Capital/Sales
0.03
-0.11
0.04
-0.14
0.00
0.03
0.06
0.10
0.08
0.05
0.05
0.06
0.10
0.05
0.25
Dividend Payout Ratio %
32.60%
106.04%
17.20%
53.68%
28.43%
18.74%
28.63%
29.74%
28.12%
29.42%
29.16%
39.11%
54.48%
39.20%
31.94%
Total Payout
$1879.00
1323.00
1868.00
822.00
-1311.00
1840.00
1597.00
2348.00
1847.00
2264.00
1087.00
11866.00
4528.00
155.00
608.00
7.60%292.26%Payout Ratio %
198.87%
139.18%
83.90%
107.62%
-79.82%
69.51%
85.95%
106.28%
73.87%
79.39%
32.68%
358.60%
172.86%
16.51%
54.09%