S&P Global presented its next phase of growth strategy at Investor Day in New York on November 13 2025, announcing a set of medium‑term targets that include organic constant‑currency revenue growth of 7% to 9%, an adjusted operating‑margin expansion of 50 to 75 basis points, and double‑digit adjusted diluted EPS growth. The company also unveiled an accelerated share‑repurchase program that could buy up to 30 million shares, supplementing a $2.5 billion accelerated share‑repurchase (ASR) program slated to launch in Q4 2025.
In the third quarter of 2025, S&P Global reported revenue of $3.89 billion, up 4% year‑over‑year, and an adjusted diluted EPS of $4.73, beating consensus estimates of $4.26 by $0.47. The first‑quarter 2025 EPS of $3.54 represented a 12% year‑over‑year increase. These results demonstrate strong execution and provide a solid foundation for the company’s medium‑term outlook, which is anchored in high‑margin AI‑driven data and analytics, private‑markets expansion, and energy insights.
Segment‑level guidance shows Market Intelligence revenue growth targets of 6% to 8%, Ratings 6% to 9%, Energy 6% to 8%, and S&P Dow Jones Indices 10% to 12%. Current performance data indicate that Market Intelligence revenue rose 7% YoY, Ratings grew 8%, Energy increased 6%, and Indices climbed 11%, placing the company on track to meet its segment‑specific targets and reinforcing the overall revenue growth trajectory.
The accelerated share‑repurchase program is backed by the proceeds from the sale of OSTTRA, which closed on October 10 2025 for $3.1 billion. The sale’s proceeds are split evenly between S&P Global and CME Group, with S&P Global earmarking its share for share repurchases. This capital injection supports the buyback program and enhances shareholder value while maintaining liquidity for strategic investments.
S&P Global plans to spin off its Mobility division within 12 to 18 months from April 2025, targeting a completion by mid‑2026. The separation will allow the company to focus on its core businesses and pursue growth in high‑margin adjacencies, while giving the Mobility entity greater flexibility to pursue its own strategic path. Management expects the spin‑off to unlock value for both entities and improve operational focus.
The company’s AI strategy is a central pillar of its growth plan. By positioning AI as the primary consumer of its data assets and leveraging its Kensho acquisition and generative‑AI capabilities, S&P Global aims to drive higher margins and revenue growth. The AI‑driven data and analytics focus is expected to contribute significantly to the targeted operating‑margin expansion and double‑digit EPS growth.
CEO Martina Cheung emphasized that separating Mobility will allow S&P Global to concentrate on its core businesses and that AI integration will accelerate growth. CFO Eric Aboaf highlighted confidence that organic revenue growth and productivity will enable the company to achieve its medium‑term targets. These statements reinforce the company’s conviction in its strategy and its ability to deliver sustained profitability.
S&P Global’s Investor Day signals a decisive shift toward a focused portfolio, aggressive capital return, and AI‑driven growth, positioning the company for sustained profitability and shareholder value.
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