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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 3.6B | 5.3% |
| Gross Profit | 2.53B | 10% |
| Cost of Revenue | 1.07B | 4.3% |
| Operating expense | 1.06B | 7.5% |
| Net Income | 971M | 2% |
| EBITDA | 1.63B | 2.9% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 60.4B | 0.2% |
| Total Liabilities | 22B | 1.1% |
| Total Equity | 34B | 1% |
| Shares Outstanding | 310M | 0.9% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 1.03B | 9% |
| Cash from financing | -1.88B | 185.4% |
EPS
Financial Highlights for S&P Global in Q3 '24
S&P Global reported a revenue of 3.6B, which is a 5.3% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 2.53B, marking a 10% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 1.07B, a -4.3% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 1.06B, showing a 7.5% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 971M, showing a -2% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 1.63B, showing a 2.9% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
S&P Global faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
