S&P Global's S&P Dow Jones Indices division posted 17% year-over-year revenue growth in the most recent quarter, with an operating margin of 73.8%. Revenue from asset-linked fees and exchange-traded derivatives each grew 18%, highlighting broad-based strength. Management noted that market volatility acts as a natural hedge, boosting derivatives trading activity when geopolitical and macroeconomic disruptions weigh on the Ratings business. The Indices segment's high-margin growth provides a significant lift to overall earnings power, even as S&P Global stock has declined 21.2% over the past year.
S&P Global IncS&P Global's Indices division reported 17% revenue growth and 73.8% margin, boosting overall earnings power.
FactSet Research Systems Inc
Moodys Corporation
MSCI Inc
Verisk Analytics Inc