S&P Global Inc. stock: Capital IQ review reshapes the outlook

S&P Global reported its third-quarter results on October 27, 2026 and disclosed a strategic review of Capital IQ and associated data businesses. The company also delivered revenue of USD 3.678 billion, up 7 percent year over year, while adjusted diluted earnings per share rose 9 percent to USD 4.58, according to the S&P Global earnings release published by MarketScreener.

A portfolio review alongside growth

The review covers Capital IQ and related data businesses that make up most of Kensho Data & Platforms within Market Intelligence. S&P Global said the exact perimeter remains under review and expects to retain RatingsDirect, RatingsXpress and Enterprise Solutions. The company gave no specific timetable and said there is no assurance that the process will lead to a transaction.

Management raised its 2026 adjusted diluted EPS outlook to USD 17.70-17.95 and lifted organic constant-currency revenue growth guidance to 7.5-8.5 percent. Reported operating margin was 53.2 percent, while adjusted operating margin reached 53.5 percent. The reported figure benefited from a gain on an Energy disposition, so the adjusted measure is the cleaner indicator of underlying operating progress.

What has changed since the last report

The latest information adds a portfolio decision to the quarterly growth picture. The company said third-quarter revenue growth was driven primarily by Indices and Market Intelligence, with additional contributions from Energy and Ratings, while subscription revenue increased 6 percent.

Lang & Schwarz showed the S&P Global share at EUR 410.10 on October 29, 2026, at 17:46:24 Berlin time. That compares with EUR 402.20 at 17:50 CEST on October 27 in the previously reviewed article, an increase of 1.96 percent. This is a comparison with the prior report, not a Xetra-session comparison. Investors can follow the real-time quote of S&P Global stock.

The broader market backdrop is covered in S&P 500 market reports.

For investors, the key question is whether a potential Capital IQ separation can sharpen capital allocation without weakening the commercial links between the reviewed businesses and S&P Global's retained franchises. More news and analyses on S&P Global stock.