S&P Global Q2 Earnings & Revenues Outpace Estimates, Increase Y/Y

S&P Global Inc. SPGI has reported impressive second-quarter 2025 results, wherein earnings and revenues surpassed the Zacks Consensus Estimate.

SPGI’s adjusted earnings per share (EPS) of $4.43 surpassed the Zacks Consensus Estimate by 4.2% and gained 9.7% year over year. Revenues of $3.8 billion beat the consensus estimate by 2% and grew 5.8% year over year.

The SPGI stock has risen 6.3% in the year-to-date period compared with the 15.5% rally of its industry and 7.8% growth of the Zacks S&P 500 Composite.

S&P Global’s Quarterly Details

Revenues from Marketing Intelligence were $1.2 billion, which increased 5% from the year-ago reported figure and met our estimate. Ratings revenues in the second quarter of 2025 moved up 1% to $1.1 billion and met our projection.

Revenues from Commodity Insights were $555 million, up 8% from the year-ago quarter and surpassing our estimate of $539.8 million.

Revenues from the Mobility and Indices segments saw year-over-year increases of 10% and 15% to $438 million and $446 million, respectively. Mobility and Indices revenues beat our projections of $420.1 million and $397.2 million, respectively.

Adjusted operating profit was $1.9 billion, growing 7% on a year-over-year basis. The adjusted operating profit margin was 51.4%, 70 basis points more than the year-ago reported figure.

Balance Sheet & Cash Flow of SPGI

S&P Global exited the second quarter of 2025 with cash, cash equivalents and restricted cash of $1.8 billion compared with $1.5 billion in the preceding quarter. The long-term debt was $11.4 billion, flat with the first quarter of 2025.

SPGI generated $1.4 billion in cash from operating activities in the quarter. Capital expenditure was $61 million. The free cash flow was $1.3 billion. The company returned $294 million in the form of dividends.

S&P Global’s 2025 Outlook

SPGI updated its adjusted EPS guidance to $17.00-$17.25 from the preceding quarter’s view of $16.75-$17.25. The mid-point ($17.13) of the guided range is higher than the Zacks Consensus Estimate for EPS of $17.04. The revenue growth guidance is 5-7%. The company’s capital expenditure guidance is $180-$190 million.

S&P Global carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Earnings Snapshot

The Interpublic Group of Companies, Inc. IPG reported impressive second-quarter 2025 results.

IPG’s adjusted earnings of 75 cents per share surpassed the Zacks Consensus Estimate by 36.4% and jumped 23% from the year-ago quarter. Revenues before billable expenses (net revenues) of $2.2 billion beat the consensus estimate by a slight margin but declined 19.8% year over year. Total revenues of $2.5 billion decreased 7.2% year over year and outpaced the Zacks Consensus Estimate of $2.2 billion.

Verisk VRSK posted impressive second-quarter fiscal 2025 results.

VRSK’s adjusted earnings were $1.88 per share, surpassing the Zacks Consensus Estimate by 6.2% and increasing 8% from the year-ago quarter. Total revenues of $772.6 million beat the consensus estimate marginally and increased 7.8% on a year-over-year basis.

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This article originally published on Zacks Investment Research (zacks.com).

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