S&P Global Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	15,012	14,208	12,497	11,181	8,297	7,442
Revenue Growth (YoY)	9.04%	13.69%	11.77%	34.76%	11.49%	11.09%
Cost of Revenue	4,530	4,391	4,141	3,753	2,180	2,094
Gross Profit	10,482	9,817	8,356	7,428	6,117	5,348
Selling, General & Admin	2,933	2,850	2,640	2,470	1,407	1,272
Amortization of Goodwill & Intangibles	1,077	1,077	1,042	905	96	123
Operating Expenses	4,115	4,023	3,783	3,483	1,585	1,478
Operating Income	6,367	5,794	4,573	3,945	4,532	3,870
Interest Expense	-299	-293	-330	-300	-114	-141
Earnings From Equity Investments	40	43	36	27	-	-
Currency Exchange Gain (Loss)	-4	-4	-4	-4	-5	-
EBT Excluding Unusual Items	6,104	5,540	4,275	3,668	4,413	3,729
Merger & Restructuring Charges	-246	-260	-498	-907	-274	-102
Gain (Loss) on Sale of Investments	16	1	-15	59	17	-1
Gain (Loss) on Sale of Assets	41	59	-70	1,898	11	16
Asset Writedown	-16	-3	-21	-18	-3	-133
Legal Settlements	-17	-20	-	-	-	-
Other Unusual Items	-32	-9	-	2	-	-281
Pretax Income	5,850	5,308	3,671	4,702	4,164	3,228
Income Tax Expense	1,287	1,141	778	1,180	901	694
Earnings From Continuing Operations	4,563	4,167	2,893	3,522	3,263	2,534
Net Income to Company	4,563	4,167	2,893	3,522	3,263	2,534
Minority Interest in Earnings	-346	-315	-267	-274	-239	-195
Net Income	4,217	3,852	2,626	3,248	3,024	2,339
Net Income to Common	4,217	3,852	2,626	3,248	3,024	2,339
Net Income Growth	18.75%	46.69%	-19.15%	7.41%	29.29%	10.17%
Shares Outstanding (Basic)	307	312	318	317	241	241
Shares Outstanding (Diluted)	307	312	319	319	242	242
Shares Change (YoY)	-2.18%	-2.20%	0.13%	31.72%	-0.12%	-1.94%
EPS (Basic)	13.76	12.36	8.25	10.25	12.56	9.71
EPS (Diluted)	13.74	12.35	8.23	10.20	12.51	9.66
EPS Growth	21.42%	50.06%	-19.31%	-18.46%	29.50%	12.33%
Free Cash Flow	5,461	5,565	3,567	2,514	3,563	3,491
Free Cash Flow Per Share	17.80	17.84	11.19	7.89	14.73	14.42
Dividend Per Share	3.790	3.640	3.600	3.320	3.080	2.680
Dividend Growth	4.41%	1.11%	8.43%	7.79%	14.92%	17.54%
Gross Margin	69.82%	69.09%	66.86%	66.43%	73.72%	71.86%
Operating Margin	42.41%	40.78%	36.59%	35.28%	54.62%	52.00%
Profit Margin	28.09%	27.11%	21.01%	29.05%	36.45%	31.43%
Free Cash Flow Margin	36.38%	39.17%	28.54%	22.48%	42.94%	46.91%
EBITDA	7,549	6,967	5,716	4,958	4,710	4,076
EBITDA Margin	50.29%	49.04%	45.74%	44.34%	56.77%	54.77%
D&A For EBITDA	1,182	1,173	1,143	1,013	178	206
EBIT	6,367	5,794	4,573	3,945	4,532	3,870
EBIT Margin	42.41%	40.78%	36.59%	35.28%	54.62%	52.00%
Effective Tax Rate	22.00%	21.50%	21.19%	25.10%	21.64%	21.50%
Advertising Expenses	-	229	209	177	39	29

Updated Oct 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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