Financials in USD. Standardized financial statements.
A compact view of how S&P Global Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $15.34B | $14.21B | $12.50B | $11.18B | $8.30B | $7.44B | $6.70B | $6.26B | $6.06B | $5.66B |
| Revenue Growth? | +7.9% | +13.7% | +11.8% | +34.8% | +11.5% | +11.1% | +7.0% | +3.2% | +7.1% | 0.0% |
| Cost of Revenue? | $4.56B | $4.39B | $4.14B | $3.75B | $2.18B | $2.09B | $1.98B | $1.84B | $1.69B | $1.77B |
| Gross Profit? | $10.77B | $9.82B | $8.36B | $7.43B | $6.12B | $5.35B | $4.72B | $4.42B | $4.37B | $3.89B |
| Gross Margin? | +70.2% | +69.1% | +66.9% | +66.4% | +73.7% | +71.9% | +70.5% | +70.6% | +72.1% | +68.7% |
| Operating Expenses? | $4.29B | $4.24B | $4.34B | $2.48B | $1.90B | $1.73B | $1.50B | $1.63B | $1.79B | $547.00M |
| Operating Income? | $6.48B | $5.58B | $4.02B | $4.94B | $4.22B | $3.62B | $3.23B | $2.79B | $2.58B | $3.34B |
| EBITDA? | $7.69B | $6.78B | $5.15B | $6.02B | $4.46B | $3.58B | $3.27B | $3.02B | $2.79B | $3.55B |
| Income Before Tax | $6.23B | $5.31B | $3.67B | $4.70B | $4.16B | $3.23B | $2.93B | $2.68B | $2.46B | $3.19B |
| Income Tax Expense | $1.41B | $1.14B | $778.00M | $1.18B | $901.00M | $694.00M | $627.00M | $560.00M | $823.00M | $960.00M |
| Net Income? | $4.47B | $3.85B | $2.63B | $3.25B | $3.02B | $2.34B | $2.12B | $1.96B | $1.50B | $2.11B |
| EPS? | $14.67 | $12.36 | $8.25 | $10.25 | $12.56 | $9.71 | $8.65 | $7.80 | $5.84 | $8.02 |
| Diluted EPS? | $14.66 | $12.35 | $8.23 | $10.20 | $12.51 | $9.66 | $8.60 | $7.73 | $5.78 | $7.94 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality