S&P Global Surges 4.11% on $1.37 Billion Volume Spike Ranks 90th in Trading Activity

On July 31, 2025, S&P Global (SPGI) surged 4.11% with a trading volume of $1.37 billion, marking a 104.37% increase from the previous day. The stock ranked 90th in volume among market participants.

The company announced second-quarter results, highlighting adjusted earnings per share (EPS) of $4.43, exceeding expectations by 4.2% and rising 9.7% year-over-year. Revenue reached $3.8 billion, surpassing forecasts by 2% and reflecting a 5.8% annual growth. Segment performance showed strong gains in Commodity Insights ($555 million, +8% YoY) and Mobility & Indices ($438 million and $446 million, +10% and +15% YoY, respectively). Adjusted operating profit rose 7% to $1.9 billion, with a margin of 51.4%.

SPGI’s balance sheet remained robust, ending the quarter with $1.8 billion in cash and $11.4 billion in long-term debt. Operating cash flow totaled $1.4 billion, with free cash flow at $1.3 billion. The firm updated its 2025 adjusted EPS guidance to $17.00–$17.25, narrowing its revenue growth projection to 5–7%. Strategic priorities include maintaining capital efficiency, with $180–$190 million allocated for capital expenditures.

The strategy of purchasing the top 500 stocks by daily trading volume and holding them for one day generated a 166.71% return from 2022 to the present, significantly outperforming the benchmark’s 29.18%. This momentum-driven approach capitalized on liquidity surges in high-volume stocks, though its effectiveness depends on evolving market dynamics.