Core Insights - S&P Global Inc. (SPGI) reported strong second-quarter 2025 results, with earnings and revenues exceeding expectations [1][8] - Adjusted earnings per share (EPS) reached $4.43, surpassing the Zacks Consensus Estimate by 4.2% and increasing 9.7% year over year [1][8] - Revenues totaled $3.8 billion, beating the consensus estimate by 2% and growing 5.8% year over year [1][8] Revenue Breakdown - Marketing Intelligence revenues were $1.2 billion, a 5% increase from the previous year, meeting estimates [3] - Ratings revenues rose 1% to $1.1 billion, also meeting projections [3] - Commodity Insights revenues increased 8% to $555 million, exceeding the estimate of $539.8 million [3] - Mobility and Indices segments saw significant growth, with revenues of $438 million (10% increase) and $446 million (15% increase), both surpassing projections [4] Profitability Metrics - Adjusted operating profit was $1.9 billion, reflecting a 7% year-over-year growth [4] - The adjusted operating profit margin improved to 51.4%, up 70 basis points from the previous year [4] Financial Position - At the end of Q2 2025, SPGI had cash and cash equivalents of $1.8 billion, up from $1.5 billion in the previous quarter [5] - Long-term debt remained stable at $11.4 billion [5] - The company generated $1.4 billion in cash from operating activities, with free cash flow of $1.3 billion [5] Future Outlook - SPGI raised its adjusted EPS guidance to a range of $17.00-$17.25, with a midpoint of $17.13, which is above the Zacks Consensus Estimate of $17.04 [6][8] - Revenue growth is projected at 5-7%, with capital expenditure guidance set at $180-$190 million [6]