S&P Global Inc.

SPGI ·Industrials, Specialty Business Services, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011
Revenue $6.26B $6.06B $5.66B $5.31B $5.05B $4.88B $4.45B $3.95B
Ratings $2.88B $2.99B $2.54B $2.43B $2.46B $2.27B $2.03B
Market Intelligence $1.83B $1.68B $2.59B $2.38B $2.13B $1.17B $1.12B
Commodity Insights $815.0M $774.0M $1.01B $973.0M
Indices $837.0M $728.0M $639.0M $597.0M $552.0M $493.0M $388.0M
Mobility
Engineering Solutions
Corporate/Eliminations $-110.0M $-110.0M $-98.0M $-88.0M $-86.0M $-76.0M $-69.0M
Cost of Revenue $1.84B $1.69B $1.77B $1.72B $1.65B $1.56B $1.43B $1.39B
Gross Profit $4.42B $4.37B $3.89B $3.60B $3.40B $3.31B $3.02B $2.57B
Gross Margin 70.6% 72.1% 68.7% 67.7% 67.3% 67.9% 67.8% 64.9%
Operating Expenses
Research & Development
SG&A Expense $1.42B $1.61B $1.47B $1.53B $3.14B $1.63B $1.58B $1.38B
Operating Income $2.79B $2.58B $3.34B $1.92B $113.0M $1.36B $1.17B $1.08B
Operating Margin 44.6% 42.6% 59.0% 36.1% 2.2% 27.9% 26.3% 27.2%
Interest Expense $134.0M $149.0M $181.0M $102.0M $59.0M $59.0M $81.0M $77.0M
Pretax Income $2.68B $2.46B $3.19B $1.82B $54.0M $1.30B $1.09B $1.00B
Income Tax Expense $560.0M $823.0M $960.0M $547.0M $245.0M $425.0M $388.0M $374.0M
Net Income $1.96B $1.50B $2.11B $1.16B $-115.0M $1.38B $437.0M $911.0M
Net Margin 31.3% 24.7% 37.2% 21.8% -2.3% 28.2% 9.8% 23.0%
EPS (Basic) $7.80 $5.84 $8.02 $4.26 $-0.42 $5.01 $1.57 $3.05
EPS (Diluted) $7.73 $5.78 $7.94 $4.21 $-0.42 $4.91 $1.53 $3.00
Shares Outstanding (Basic) 250.9M 256.3M 262.8M 271.6M 271.5M 274.5M 278.6M 298.1M
Shares Outstanding (Diluted) 253.2M 258.9M 265.2M 274.6M 271.5M 279.8M 284.6M 303.6M
Dividends Per Share $2.00 $1.64 $1.44 $1.32 $1.20 $1.12 $1.02 $1.00
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