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S&P Global Inc.
SPGI · NYSEFinancials
The economic chain
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Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
Data inputswhat S&P ingestsAnalysts,models & AIhow it's madeS&P Globalthe franchiseProducts &franchiseswhat it sellsMarkets &distributionwhere it flowsWho paysissuers & investorsEXCExchanges & price feedsDISIssuer disclosuresNRGPhysical energy marketsANLAnalysts & economistsKENKensho TechnologiesTECCloud & infrastructureSPGIS&P GlobalRATS&P Global RatingsMIMarket IntelligenceDJIS&P Dow Jones IndicesCICommodity InsightsMOBS&P Global MobilityTRMTerminals & platformsETFETF & fund issuersCMECME GroupISSBond issuersBNKBanks & financial firmsINVInvestors & managersENFEnergy & commodity firms
Company details
Market cap
$130B
P/E ratio
29×
Div yield
0.9%
EPS (TTM)
$14.66
Profit margin
31%
Rev. growth
+14%
Revenue
$14.2B
Free cash flow
$5.2B
In plain English
S&P Global is a toll-taker on global capital markets. It runs the world's largest credit-rating agency (S&P Global Ratings), the most-tracked stock benchmark on earth (the S&P 500, via S&P Dow Jones Indices), and vast financial-data franchises — Market Intelligence, Commodity Insights (Platts) and Mobility — enlarged by the ~$44B IHS Markit merger. It sells information the markets can't function without, at ~30% net margins.
In simple terms
What S&P Global Inc. really sells
S&P Global is a toll-taker on global capital markets. It runs the world's largest credit-rating agency (S&P Global Ratings), the most-tracked stock benchmark on earth (the S&P 500, via S&P Dow Jones Indices), and vast financial-data franchises — Market Intelligence, Commodity Insights (Platts) and Mobility — enlarged by the ~$44B IHS Markit merger. It sells information the markets can't function without, at ~30% net margins.
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Risk read
Moderate
SteadierMore speculative
Why this rating?