Similar companies
Income Statement (USD)
Q1 '24 | QoQ | |
---|---|---|
Revenue | 3.42B | 11% |
Gross Profit | 2.3B | 12.2% |
Cost of Revenue | 1.12B | 8.5% |
Operating expense | 984M | 19.6% |
Net Income | 991M | 71.2% |
EBITDA | 1.58B | 48.5% |
Balance Sheet (USD)
Q1 '24 | QoQ | |
---|---|---|
Total Assets | 60.5B | 0.2% |
Total Liabilities | 22.2B | 1.2% |
Total Equity | 34.3B | 0.4% |
Shares Outstanding | 313M | 0.3% |
Cash Flow (USD)
Q1 '24 | QoQ | |
---|---|---|
Cash from operations | 948M | 28.9% |
Cash from investing | -20M | 55.6% |
Cash from financing | -657M | 60.8% |
EPS
Financial Highlights for S&P Global in Q1 '24
S&P Global reported a revenue of 3.42B, which is a 11% 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 2.3B, marking a 12.2% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 1.12B, a 8.5% 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 984M, showing a -19.6% 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 991M, showing a 71.2% 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 1.58B, showing a 48.5% 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.
It was a positive quarter for S&P Global with growth in revenue, gross profit, and net income.