S&P Global reported strong financial results for Q3 2024, with revenue increasing 16% to $3.57 billion and net income rising 31% to $971 million. Operating profit grew 33% to $1.43 billion, driven by growth across all business segments. The operating margin improved to 40% from 35% in the prior year period.Ratings revenue surged 36% to $1.11 billion, led by an 83% increase in transaction revenue due to higher corporate bond and bank loan issuance volumes. Market Intelligence revenue rose 6% to $1.16 billion on strong subscription growth, while Indices revenue grew 18% to $416 million driven by higher asset-linked fees and exchange-traded derivative revenue.The company maintained strong capital return to shareholders, repurchasing 3.8 million shares for $2 billion during the first nine months of 2024. Free cash flow increased 76% to $3.65 billion year-to-date. The Board approved a quarterly dividend of $0.91 per share, demonstrating confidence in the company's financial strength and future prospects.

S&P Global reported strong financial results for Q3 2024, with revenue increasing 16% to $3.57 billion and net income rising 31% to $971 million. Operating profit grew 33% to $1.43 billion, driven by growth across all business segments. The operating margin improved to 40% from 35% in the prior year period.Ratings revenue surged 36% to $1.11 billion, led by an 83% increase in transaction revenue due to higher corporate bond and bank loan issuance volumes. Market Intelligence revenue rose 6% to $1.16 billion on strong subscription growth, while Indices revenue grew 18% to $416 million driven by higher asset-linked fees and exchange-traded derivative revenue.The company maintained strong capital return to shareholders, repurchasing 3.8 million shares for $2 billion during the first nine months of 2024. Free cash flow increased 76% to $3.65 billion year-to-date. The Board approved a quarterly dividend of $0.91 per share, demonstrating confidence in the company's financial strength and future prospects.