S&P Global’s New Strategic Direction and Growth Targets

S&P Global unveiled today its new strategic direction and growth targets at its 2022 Investor Day in New York. The event is the first Investor Day for the combined Company, following the completion of S&P Global’s merger with IHS Markit earlier this year, and the first for the Company in four years.

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The Company will also introduce target financial models (also expected to be achieved by 2025-2026) for each Division, as follows:

  • Market Intelligence: Organic annual revenue growth in the range of 7% to 9% and Adjusted Operating Profit Margin in the range of 35% to 37%
  • Ratings: Organic annual revenue growth in the range of 6% to 9% and Adjusted Operating Profit Margin in the range of 58% to 60%
  • Commodity Insights: Organic annual revenue growth in the range of 7% to 9% and Adjusted Operating Profit Margin in the range of 48% to 50%
  • Mobility: Organic annual revenue growth in the range of 7% to 9% and Adjusted Operating Profit Margin in the range of 41% to 43%
  • S&P Dow Jones Indices: Organic annual revenue growth above 10% and Adjusted Operating Profit Margin in the range of 67% to 69%

“We have full confidence in our ability to achieve these ambitious medium-term targets, which reflect the resilience of our financial model, the ability to accelerate growth and innovation by continued investments, and our focus to deliver unparalleled value for our customers,” said S&P Global Chief Financial Officer Ewout Steenbergen.

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