S&P Global, Inc.: Expansion into Private Markets and Credit Indices As A New Avenue For Growth!

S&P Global demonstrated a robust performance in the second quarter of 2024, marking significant milestones and strategic advancements, achieved amidst a backdrop of market variability. The company reported a 16% increase in total revenue, adjusted for divestitures, with highlights including a notable spike in transaction revenue in the Ratings division by over 60%. This division’s success was propelled by increased activity in the public and private markets, notably a 70% boost in private market rating services. Aside from operational metrics, the quarter was marked by significant product launches and divisional enhancements, notably the improvement of the Cap IQ Pro platform and a new suite of benchmark offerings in the Commodity Insights division.