S&P Global Reports 4th Quarter and Full-Year 2022 Results
S&P Global (NYSE: SPGI) today reported fourth-quarter and full-year 2022 results. The Company reported fourth quarter 2022 reported revenue of $2.94 billion, an increase of 41% compared to the same period in 2021.
Fourth quarter GAAP net income decreased 36% to $433 million and GAAP diluted earnings per share decreased 52% to $1.33 driven by continued declines in Ratings revenue and amortization of acquired intangibles.
For the full year, reported revenue increased 35% to $11.18 billion. 2022 GAAP net income increased 7% to $3.25 billion and GAAP diluted earnings per share decreased 18% to $10.20.
“During 2022 we began a new transformation of S&P Global through the merger with IHS Markit and our continued investment in growth and innovation,” said Douglas L. Peterson, President and Chief Executive Officer of S&P Global. He added, “Our people came together in every sense of the word, integrating through a historic merger, navigating through complex macroeconomic and geopolitical conditions, and positioning S&P Global to power global markets in a sustainable way for years to come.”
details at: https://investor.spglobal.com/news-releases/news-details/2023/SP-GLOBAL-REPORTS-4th-QUARTER-AND-FULL-YEAR-2022-RESULTS/default.aspx