How does SPGI's revenue mix evolve quarterly?
4/1/2025 01:17pm
S&P Global (SPGI) exhibits a dynamic revenue mix across its business segments, which evolves quarterly. The company's revenue by business for the most recent quarter ending on December 31, 2024, is as follows:
1. **Engineering Solutions**: Generating the highest revenue at $14.21 billion, this segment reflects S&P Global's strong presence in providing solutions for various industries.
2. **Market Intelligence**: This segment contributes $4.63 billion in revenue, indicating the significant demand for market data and analytics services.
3. **Standard & Poor Global Ratings**: With $4.21 billion in revenue, this segment underscores the robust demand for credit ratings and related services.
4. **Commodity Insights**: Contributing $2.14 billion, this segment highlights the importance of commodity market insights and data.
5. **Standard & Poor Dow Jones Indices**: Generating $1.62 billion in revenue, this segment signifies the continued demand for index-based products and services.
6. **Mobility**: This segment contributes $1.61 billion, suggesting a strong presence in the mobility sector, which may include transportation and logistics.
7. **Corporate**: With $1 billion in revenue, this segment represents activities that are not directly tied to a specific business segment.
8. **Equity in Income on Unconsolidated Subsidiaries**: This segment shows no revenue, indicating that the company does not consolidate the financial results of these subsidiaries.
9. **Intersegment Elimination**: This segment also shows no revenue, suggesting that there is no elimination of revenues from internal transactions.
The evolution of SPGI's revenue mix quarterly suggests a diversified and stable business model, with each segment contributing significantly to the company's overall revenue. The absence of negative revenue segments and the presence of segments with substantial positive revenues indicate a robust and varied income stream for S&P Global.