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S&P Global: 17% Indices Growth And Mobility Spin-Off Support The Buy Despite Q4 Risk!

S&P Global reported solid financial results for the first quarter of 2026 despite a challenging and volatile macroeconomic environment shaped by geopolitical conflicts, particularly in the Middle East, and heightened market uncertainty. The company achieved a 10% year-over-year increase in reported revenue and 9% on an organic constant currency basis. Subscription revenues grew 6%, supported by strong renewals and net sales across the franchise, while market-driven businesses—Ratings and Indices—demonstrated resilience and robust growth. The company’s trailing 12-month performance showed 140 basis points of margin expansion and a 14% increase in adjusted diluted earnings per share (EPS). S&P Global returned $1 billion to shareholders through share repurchases and dividends, reflecting disciplined capital allocation. The acquisition of With Intelligence contributed positively, particularly in Market Intelligence where revenue grew 8% (6% organically).