1、 S&P Global Reports First Quarter Results,Announces Intended Separation of Mobility DivisionNew York,NY,April 29,2025 S&P Global(NYSE:SPGI)today reported first quarter results.This earnings release and supplemental materials are available at http:/ Company reported first-quarter 2025 revenue of$3.77
2、7 billion,an increase of 8%compared to the first quarter of 2024.First quarter GAAP net income increased 10%to$1.090 billion and GAAP diluted earnings per share increased 12%to$3.54.Adjusted net income for the first quarter increased 7%to$1.344 billion and adjusted diluted earnings per share increas
3、ed 9%to$4.37.Higher net income was driven primarily by strong growth in Ratings and Indices on both a GAAP and adjusted basis.In a separate release today,the Company also announced its intent to separate its Mobility division into a standalone public company.The separation is expected to maximize sh
4、areholder value by simplifying S&P Globals operations and allowing S&P Global to dedicate strategic and investment focus on its remaining four divisions.The Company considers all remaining divisions to be core to its long-term strategic vision.The separation also aims to create an independent,agile,
5、and focused Mobility business that is well positioned to execute a profitable growth strategy serving the Automotive space.The separation is expected to be tax-free to shareholders,and to be completed within 12-18 months.Please see separate press release for additional details on the proposed separa
6、tion.In a previous release,and as part of the Companys active portfolio optimization,S&P Global announced the planned divestiture of its OSTTRA Joint Venture for total consideration of$3.1 billion,to be divided equally pursuant to the 50/50 ownership with CME Group.The divestiture is expected to clo