S&P Global: Continued margin expansion in Market Intelligence & Other Major Drivers

S&P Global reported strong financial results for 2023, demonstrating the company’s innovation and growth throughout the year. Year-over-year revenue increased 8%, excluding Engineering Solutions which was divested during the year. The company also expanded its adjusted operating margins by nearly 300 basis points year-over-year in the fourth quarter, ending the year with roughly 100 basis points of margin expansion. S&P Global exceeded its $600 million target for cost synergies by $19 million, delivering adjusted EPS growth of 13%.