UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-1023 S&P Global Inc. (Exact name of registrant as specified in its charter) | New York | | | 13-1026995 | | --- | --- | --- | --- | | (State or ot ...

Financial Data and Key Metrics Changes - In 2024, revenue increased by 15% excluding Engineering Solutions, with subscription product revenue rising by 7% [10][42] - Adjusted EPS grew by 25%, exceeding initial guidance by over 13% [12] - The company returned $4.4 billion to shareholders through dividends and share repurchases [12][13] - Adjusted diluted EPS for Q4 increased by 20% year-over-year to $3.77 [44] Business Line Data and Key Metrics Changes - Ratings revenue increased by 27% in Q4, driven by strong refinancing activity [57] - Market Intelligence revenue grew by 5% in Q4, with improved retention rates [50] - Commodity Insights revenue rose by 10%, with energy transition products growing by 23% [60][45] - Mobility revenue increased by 9%, supported by CARFAX product suite demand [62] Market Data and Key Metrics Changes - Nearly $4 trillion in billed issuance occurred in 2024, significantly exceeding expectations [26] - The Vitality Index ended the year at $1.5 billion, representing nearly 11% of total revenue [29] - The company anticipates low single-digit growth in billed issuance for 2025 [69] Company Strategy and Development Direction - The company is focusing on customer engagement and has established a Chief Client Office [13][18] - Investments in technology, AI, and product innovation are prioritized to drive long-term growth [37][40] - The company aims to optimize its portfolio through acquisitions and divestitures to enhance competitive positioning [15][86] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about gradual improvements in the macroeconomic environment for 2025 [23] - There is caution regarding Europe and Asia, with expectations of strong demand in the U.S. [24] - The company expects to maintain a free cash flow conversion rate at or above 100% in 2025 [85] Other Important Information - The company plans to report Market Intelligence results in three business lines starting Q1 2025 [55] - The new Chief Financial Officer will officially join on February 19, 2025 [14] Q&A Session Summary Question: Focus on Market Intelligence segment and divestitures - Management is continuously optimizing the portfolio to ensure value creation for clients and shareholders [92] Question: Clarification on ACV growth in Market Intelligence - ACV growth contributed 1-2% to additional revenue growth, with a focus on simplifying operations and enhancing product offerings [101][103] Question: Ratings outlook and visibility - Management expects modest growth in billed issuance and a balanced view on M&A contributions [111][112] Question: Margins and expense management - The company is disciplined in expense management and integrating AI to improve efficiency, contributing to margin guidance [118][120] Question: Competitive environment in Market Intelligence - Increased competition and price sensitivity are noted, but the company is leveraging its breadth of products to capitalize on vendor consolidation opportunities [124]

S&P Global (SPGI) reported $3.59 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 14%. EPS of $3.77 for the same period compares to $3.13 a year ago.The reported revenue represents a surprise of +2.85% over the Zacks Consensus Estimate of $3.49 billion. With the consensus EPS estimate being $3.44, the EPS surprise was +9.59%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine t ...

S&P Global Quarterly Update February 11, 2025 4Q and Full -Year 2024 1 Safe Harbor statement under the Private Securities Litigation Reform Act of 1995 • worldwide economic, financial, political, and regulatory conditions (including slower GDP growth or recession, instability in the banking sector and inflation), and factors that contribute to uncertainty and volatility, natural and man-made disasters, civil unrest, public health crises (e.g., pandemics), geopolitical uncertainty (including military conflic ...

S&P Global (SPGI) came out with quarterly earnings of $3.77 per share, beating the Zacks Consensus Estimate of $3.44 per share. This compares to earnings of $3.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.59%. A quarter ago, it was expected that this independent ratings and analytics provider would post earnings of $3.64 per share when it actually produced earnings of $3.89, delivering a surprise of 6.87%.Over the last ...

55 Water Street New York, NY 10041 www.spglobal.com Press Release For Immediate Release S&P Global Reports Fourth Quarter and Full-Year 2024 Results New York, NY, February 11, 2025 – S&P Global (NYSE: SPGI) today reported fourth quarter and full-year 2024 results. This earnings release and supplemental materials are available at http://investor.spglobal.com/Quarterly-Earnings. The Company reported fourth quarter 2024 reported revenue of $3.592 billion, an increase of 14% compared to the fourth quarter of 20 ...

The upcoming report from S&P Global (SPGI) is expected to reveal quarterly earnings of $3.41 per share, indicating an increase of 9% compared to the year-ago period. Analysts forecast revenues of $3.48 billion, representing an increase of 10.3% year over year.The current level reflects an upward revision of 0.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Be ...

Wall Street expects a year-over-year increase in earnings on higher revenues when S&P Global (SPGI) reports results for the quarter ended December 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 11 ...

NEW YORK, Jan. 29, 2025 /PRNewswire/ -- S&P Dow Jones Indices (S&P DJI) today released the November 2024 results for the S&P CoreLogic Case-Shiller Indices. The leading measure of U.S. home prices recorded a 3.8% annual gain in November 2024, a slight increase from the previous annual gains in 2024. More than 27 years of history are available for the data series and can be accessed in full by going to https://www.spglobal.com/spdji/en/index-family/indicators/sp-corelogic-case-shiller/.YEAR-OVER-YEARThe S&P ...

CARFAX Top-Rated Dealers Awards - CARFAX announces the nation's top dealerships based on millions of verified consumer ratings, with the 2024 winners achieving an average rating of 4.6 out of 5 stars [1] - Approximately 20% of the 2024 winners have consistently been recognized as Top-Rated Dealers every year since the award's inception six years ago [2] - CARFAX introduces the 5X Top-Rated Dealer Award, honoring dealerships that have maintained high customer ratings over the past five consecutive years [2] Customer Feedback and Recognition - CARFAX Top-Rated distinction is awarded based on around 7.8 million verified ratings and reviews, emphasizing trust and transparency with customers [3] - Winning dealerships receive a kit of materials and digital assets to showcase their excellent ratings online and on Vehicle History Reports [3] - The coveted GoldenCARFOX will soon be delivered to winning dealerships [3] Industry Impact and CARFAX's Role - CARFAX, part of S&P Global Mobility, provides innovative solutions like CARFAX Car Listings, CARFAX Car Care, and CARFAX Vehicle History Reports to consumers and the automotive industry [5] - CARFAX owns the world's largest vehicle history database and is recognized as a top workplace by The Washington Post [5] - S&P Global Mobility, a division of S&P Global, is a leading provider of credit ratings, benchmarks, and analytics in global markets [6]