S&P Global Inc.: Will The Visible Alpha & IHS Markit Acquisitions Pay Off In The Long Run?

S&P Global’s Q1 2024 earnings highlighted several key performance aspects that potential investors should consider while evaluating the company. The financial market intelligence provider posted a 14% increase in revenue, excluding the divestiture of Engineering Solutions, with transaction revenue in its Ratings division being a significant part of this rise. Subscription revenue across all business areas also achieved a year-on-year uptick of 8%, contributing to the quarterly revenue of roughly $3.5 billion, the highest in the company’s history.