M&A
confidence high
sentiment positive
materiality 0.85
S&P Global Q1 revenue $3.78B (+8% YoY); plans to spin off Mobility as standalone public company
S&P Global Inc.
- Q1 revenue $3.777B (+8% YoY); GAAP diluted EPS $3.54 (+12%), adjusted diluted EPS $4.37 (+9%).
- Announces intent to separate Mobility segment into standalone public company via tax-free spin-off within 12-18 months.
- Mobility generated $1.6B revenue in FY2024; S&P Global will focus on four core divisions post-separation.
- FY2025 guidance: GAAP EPS $14.60-$15.10, adjusted EPS $16.75-$17.25; additional $650M ASR planned.
- Also advancing OSTTRA JV divestiture for $3.1B (50% share), expected H2 2025.