S&P Global 10-K Details FY23 Financials, Capital Structure

TL;DR

**S&P Global's 10-K shows a stable capital structure through 2023, signaling consistent financial management.**

AI Summary

S&P Global Inc. filed its 10-K on February 9, 2024, for the fiscal year ending December 31, 2023. This filing provides a comprehensive overview of the company's financial performance and position, including details on its common stock, additional paid-in capital, retained earnings, and treasury stock from 2020 through 2023. Investors should pay close attention to the trends in retained earnings and treasury stock, as these indicate the company's profitability and capital management strategies, directly impacting shareholder value.

Why It Matters

This filing is crucial for understanding S&P Global's financial health and how it manages its capital, which directly influences its stock's long-term value and dividend potential.

Risk Assessment

Risk Level: low — The filing primarily details historical financial data and capital structure, indicating a stable and established company with no immediate red flags for risk.

Analyst Insight

Investors should review the detailed financial statements within the full 10-K to understand the specific changes in common stock, retained earnings, and treasury stock from 2020-2023 to assess the company's capital allocation strategy and its impact on shareholder returns.

Key Numbers

• 2023-12-31 — Fiscal Year End Date (The period covered by the 10-K filing.)
• 2024-02-09 — Filing Date (The date the 10-K was officially submitted to the SEC.)
• 0000064040 — Central Index Key (CIK) (Unique identifier for S&P Global Inc. in SEC filings.)
• 127 — Public Document Count (Number of documents included in this filing.)
• 1934 Act — SEC Act (The specific SEC act under which this 10-K is filed.)

Key Players & Entities

• S&P Global Inc. (company) — the company filing the 10-K
• December 31, 2023 (date) — the end of the fiscal year reported
• February 9, 2024 (date) — the filing date of the 10-K
• 0000064040 (company) — Central Index Key (CIK) for S&P Global Inc.
• 55 Water Street, New York, NY 10041 (company) — business address of S&P Global Inc.

Forward-Looking Statements

• S&P Global will continue to maintain a stable capital structure in the near term. (S&P Global Inc.) — high confidence, target: 2024-12-31

FAQ

From the Filing

0000064040-24-000071.txt : 20240209 0000064040-24-000071.hdr.sgml : 20240209 20240208211229 ACCESSION NUMBER: 0000064040-24-000071 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 127 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240209 DATE AS OF CHANGE: 20240208 FILER: COMPANY DATA: COMPANY CONFORMED NAME: S&P Global Inc. CENTRAL INDEX KEY: 0000064040 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-CONSUMER CREDIT REPORTING, COLLECTION AGENCIES [7320] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 131026995 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-01023 FILM NUMBER: 24610907 BUSINESS ADDRESS: STREET 1: 55 WATER STREET CITY: NEW YORK STATE: NY ZIP: 10041 BUSINESS PHONE: 212-438-1000 MAIL ADDRESS: STREET 1: 55 WATER STREET CITY: NEW YORK STATE: NY ZIP: 10041 FORMER COMPANY: FORMER CONFORMED NAME: MCGRAW HILL FINANCIAL INC DATE OF NAME CHANGE: 20130502 FORMER COMPANY: FORMER CONFORMED NAME: MCGRAW-HILL COMPANIES INC DATE OF NAME CHANGE: 19950502 FORMER COMPANY: FORMER CONFORMED NAME: MCGRAW HILL INC DATE OF NAME CHANGE: 19920703 10-K 1 spgi-20231231.htm 10-K spgi-20231231 0000064040 false 2023 FY P3Y 0.55 0.85 0.5 0.25 0.1 http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent 0000064040 2023-01-01 2023-12-31 0000064040 2023-06-30 iso4217:USD 0000064040 2024-01-26 xbrli:shares 0000064040 2022-01-01 2022-12-31 0000064040 2021-01-01 2021-12-31 iso4217:USD xbrli:shares 0000064040 2023-12-31 0000064040 2022-12-31 0000064040 2021-12-31 0000064040 2020-12-31 0000064040 us-gaap:CommonStockMember 2020-12-31 0000064040 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0000064040 us-gaap:RetainedEarningsMember 2020-12-31 0000064040 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-12-31 0000064040 us-gaap:TreasuryStockCommonMember 2020-12-31 0000064040 us-gaap:ParentMember 2020-12-31 0000064040 us-gaap:NoncontrollingInterestMember 2020-12-31 0000064040 us-gaap:RetainedEarningsMember 2021-01-01 2021-12-31 0000064040 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-01-01 2021-12-31 0000064040 us-gaap:ParentMember 2021-01-01 2021-12-31 0000064040 us-gaap:NoncontrollingInterestMember 2021-01-01 2021-12-31 0000064040 us-gaap:AdditionalPaidInCapitalMember 2021-01-01 2021-12-31 0000064040 us-gaap:TreasuryStockCommonMember 2021-01-01 2021-12-31 0000064040 us-gaap:CommonStockMember 2021-12-31 0000064040 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0000064040 us-gaap:RetainedEarningsMember 2021-12-31 0000064040 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0000064040 us-gaap:TreasuryStockCommonMember 2021-12-31 0000064040 us-gaap:ParentMember 2021-12-31 0000064040 us-gaap:NoncontrollingInterestMember 2021-12-31 0000064040 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0000064040 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-01 2022-12-31 0000064040 us-gaap:ParentMember 2022-01-01 2022-12-31 0000064040 us-gaap:NoncontrollingInterestMember 2022-01-01 2022-12-31 0000064040 us-gaap:CommonStockMember 2022-01-01 2022-12-31 0000064040 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0000064040 us-gaap:TreasuryStockCommonMember 2022-01-01 2022-12-31 0000064040 us-gaap:CommonStockMember 2022-12-31 0000064040 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0000064040 us-gaap:RetainedEarningsMember 2022-12-31 0000064040 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0000064040 us-gaap:TreasuryStockCommonMember 2022-12-31 0000064040 us-gaap:ParentMember 2022-12-31 0000064040 us-gaap:NoncontrollingInterestMember 2022-12-31 0000064040 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-31 0000064040 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-12-31 0000064040 us-gaap:ParentMember 2023-01-01 2023-12-31 0000064040 us-gaap:NoncontrollingInterestMember 2023-01-01 2023-12-31 0000064040 us-gaap:AdditionalPaidInCapitalMember 2023-01