Private company

IHS Markit

Logo: IHS Markit Ltd, Public domain, via Wikimedia Commons4

UK-based information company

IHS Markit (formely IHS Inc.) was an information services provider headquartered in London. It was formed in 2016 with the merger of IHS Inc.3 From Wikipedia, CC BY-SA 4.0

Last updated Oct 16, 2026.

Overview

$4.7BRevenue, fiscal 20215
$1.2BNet income, fiscal 20215
  • IndustryServices-Computer Programming, Data Processing, Etc.1
  • HeadquartersD01
  • Incorporated inBermuda6
  • Business address4Th Floor, Ropemaker Place, 25 Ropemaker Street, London, X0 Ec2Y 9Ly6
  • Filer categoryLarge accelerated filer6

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IHS Markit (formely IHS Inc.) was an information services provider headquartered in London. It was formed in 2016 with the merger of IHS Inc. and Markit Ltd. In 2022, IHS Markit completed a merger with S&P Global, which purchased IHS for about $44 billion in 2020.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2021

33.5%Operating margin5
25.9%Net margin5
8.6%Revenue growth, 20215
12.7%Return on equity5
0.49×Debt to equity5
$1.2BFree cash flow5

Where the money goes

Where each dollar of revenue went, fiscal 2021

  • Cost of revenue37¢$1.7B
  • Selling, general and admin25¢$1.2B
  • Other costs4¢$206.5M
  • Interest5¢$220.2M
  • Income tax3¢$135.3M
  • Profit26¢$1.2B

Out of $4.7B in revenue.5

Where each dollar of operating cash went, fiscal 2021

  • Capital spending20¢$294.3M
  • Dividends paid21¢$318.6M
  • Kept or used elsewhere59¢$873.3M

Out of $1.5B of cash from operations.5

Financial statements

Revenue78910115$4.7B in 2021+124% since 2014
0$2.0B$4.0B$6.0B2014: $2.1B$2.1B20142015: $2.2B$2.2B2015+5%2016: $2.7B$2.7B2016+25%2017: $3.6B$3.6B2017+32%2018: $4.0B$4.0B2018+11%2019: $4.4B$4.4B2019+10%2020: $4.3B$4.3B2020−3%2021: $4.7B$4.7B2021+9%
Operating income78910115$1.6B in 2021+463% since 2014
0$500.0M$1.0B$1.5B$2.0B2014: $277.5M$277.5M20142015: $307.8M$307.8M2015+11%2016: $260.4M$260.4M2016−15%2017: $531.1M$531.1M2017+104%2018: $641.3M$641.3M2018+21%2019: $1.0B$1.0B2019+56%2020: $1.2B$1.2B2020+15%2021: $1.6B$1.6B2021+36%
Net income78910115$1.2B in 2021+520% since 2014
0$500.0M$1.0B$1.5B2014: $194.5M$194.5M20142015: $240.2M$240.2M2015+23%2016: $152.8M$152.8M2016−36%2017: $416.9M$416.9M2017+173%2018: $542.3M$542.3M2018+30%2019: $502.7M$502.7M2019−7%2020: $870.7M$870.7M2020+73%2021: $1.2B$1.2B2021+39%
Fiscal year20142015201620172018201920202021
Revenue$2.1B7$2.2B8$2.7B9$3.6B10$4.0B11$4.4B5$4.3B5$4.7B5
Cost of revenue$815.2M7$819.2M8$1.0B9$1.3B10$1.5B11$1.7B5$1.6B5$1.7B5
Selling, general and admin$789.8M7$795.3M8$907.1M9$1.1B10$1.2B11$1.2B5$1.1B5$1.2B5
Operating income$277.5M7$307.8M8$260.4M9$531.1M10$641.3M11$1.0B5$1.2B5$1.6B5
Interest$55.4M7$70.9M8$119.4M9$154.3M10$225.7M11$259.7M5$236.6M5$220.2M5
Income tax$45.1M7$48.9M8-$5.1M9-$49.9M10-$115.4M11$242.6M5$13.3M5$135.3M5
Net income$194.5M7$240.2M8$152.8M9$416.9M10$542.3M11$502.7M5$870.7M5$1.2B5
Earnings per share$0.807$0.998$0.499$1.0410$1.3811$1.265$2.195$3.035
Earnings per share (diluted)$0.797$0.978$0.489$1.0010$1.3311$1.235$2.175$3.015

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How it started

IHS

Information Handling Services (IHS) was founded in 1959, in Denver, Colorado, as Information Handling Services to provide information for aerospace engineers through microfilm databases.

IHS subsequently grew to incorporate other companies in the information services sector such as Cambridge Energy Research Associates, Global Insight, Jane's Information Group, Prime Publications Limited, and John S. Herold, Inc.

In 2008, IHS acquired Fairplay, a firm that assigns IMO identification numbers for ships, companies and registered owners.

In 2016, Englewood, Colorado-based IHS and London-based Markit merged. Jerre Stead was chief executive of the pre-merger IHS Inc. from 2006 to 2013 and from 2015 until the merger with Markit.

Markit

From Wikipedia’s article on IHS Markit, shared under CC BY-SA 4.0.3

Former names

  • Markit Ltd.Jan 27, 2014 to Jul 11, 20166

Timeline

  1. Feb 28, 2022Dissolved Dissolved1

Recent filings

  1. Mar 2, 20224
  2. Mar 2, 20224
  3. Mar 2, 20224
  4. Mar 2, 20224
  5. Mar 2, 20224
  6. Mar 2, 20224
  7. Mar 2, 20224
  8. Mar 2, 20224
  9. Mar 2, 20224
  10. Mar 2, 20224
  11. Mar 2, 20224
  12. Mar 2, 20224
  13. Mar 2, 20224
  14. Mar 2, 20224
  15. Mar 2, 20224

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2

Sources

The numbers on this page point here. Each one links to the record it came from.

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