An analysis of S&P Global highlights its recent strategic acquisitions in 2025, including fintech company TeraHelix and private wealth data provider ARC Research, as key future growth drivers. The company is seen as well-positioned to benefit from the expansion of global markets and data, particularly following its 2022 acquisition of IHS Markit which significantly grew its presence in the Financial Exchanges & Data sub-industry. The report also points to risks, noting that the company's debt levels remain elevated since the IHS Markit deal. This could potentially limit the company's capacity for major M&A activity in the near future. While acknowledging S&P Global's diverse revenue streams and strong market leadership, the overall assessment suggests the company's stock is currently fairly valued.