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S&P Global spins out Mobility Global to shareholders
The spin-out follows S&P Global’s 2025 adjusted operating margins of 65% in its credit ratings business and 71% in its S&P Dow Jones Indices unit, according to Andvari Associates’ investor letter.
S&P Global Inc. has spun out its Mobility Global division to shareholders, leaving the company with a smaller set of remaining businesses, Andvari Associates said in its Q2 2026 investor letter, highlighted by “recently spun out” activity tied to Mobility Global. In the same letter, Andvari described S&P Global as a higher quality business after the change, framing the split as a way for its remaining units to “shine” more prominently. Andvari also pointed to profitability metrics from S&P Global’s 2025 operations, citing adjusted operating margins of 65% for the credit ratings business and 71% for the S&P Dow Jones Indices business, while noting 48% adjusted operating margins for its Energy business. The Yahoo Finance story adds that S&P Global closed on August 28, 2026 at $442.89 per share, and had a one-month return of 6.4%, while shares were down 14.6% over the prior 52 weeks.
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