S&P Global said it reported Q3 2024 revenue of $3.575 billion, up 16% from a year earlier, GAAP net income of $971 million, up 31%, and GAAP diluted earnings per share of $3.11, up 33%.

1. 01

   S&P Global said it reported Q3 2024 revenue of $3.575 billion, up 16% from a year earlier, GAAP net income of $971 million, up 31%, and GAAP diluted earnings per share of $3.11, up 33%.

2. 02

   The company said its GAAP operating margin rose 530 basis points in Q3 to 40.1%, and its adjusted operating margin rose 180 basis points to 48.8%. Adjusted diluted earnings per share were $3.89, up 21%.

3. 03

   The company raised its full-year 2024 outlook, now calling for revenue growth of 11.5% to 12.5%, GAAP diluted EPS of $11.95 to $12.15, and adjusted diluted EPS of $15.10 to $15.30.

4. 04

   S&P Global said it expects adjusted free cash flow, excluding certain items, of about $5.2 billion for 2024, up from its prior outlook of about $4.7 billion. It also plans to return about 85% of adjusted free cash flow to shareholders through dividends and share repurchases, and said it expects to execute additional accelerated share repurchases (ASR) totaling $1.3 billion in the coming weeks.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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