S&P Global has delivered a complex financial picture, revising its 2025 earnings forecast downward to $14.35–$14.60 per share due to lower expected gains from asset sales, while simultaneously reporting stronger-than-expected Q2 results. Adjusted earnings rose 10% to $4.43 per share, surpassing analyst estimates of $4.22, with revenue climbing 6% to $3.76 billion. Despite the trimmed outlook, the company plans to return 85% of free cash flow to shareholders via dividends and accelerated buybacks, including a $1.3 billion repurchase program.
Strategic Pivot Under New Leadership
A key leadership change accompanies these updates: the head of a subsidiary will take over S&P Global’s Mobility division ahead of its planned spin-off within 12–18 months. The move aligns with the firm’s focus on core operations, as its Market Intelligence segment grew 5% to $1.22 billion, buoyed by demand for analytics tools. While competitors lag, S&P Global’s stock has gained 7% year-to-date, reflecting cautious optimism amid strategic recalibration.
