S&P Global

What S&P Global does

S&P Global is a publicly traded financial data and analytics company headquartered in New York and listed on the NYSE under SPGI. It serves capital markets participants in 190+ countries through five reportable divisions: S&P Global Market Intelligence (which reorganized in July 2026 into Kensho Data & Platforms and Enterprise Solutions), S&P Global Ratings, S&P Global Energy (Commodity Insights), and S&P Dow Jones Indices. Its core product is Capital IQ Pro, an AI-powered platform covering 60M+ private companies and 109K+ public companies, complemented by Ratings360 (credit research), Energy Core / Platts Connect (commodity benchmarks), ESG Scores, and benchmark indices including the S&P 500 and Dow Jones Industrial Average. The underlying technology stack combines proprietary datasets accumulated over decades with embedded AI capabilities, including ProntoNLP sentiment analysis, Drift AI natural language Excel modeling, Enertel AI Graph Neural Networks for electricity price forecasting, and a UNGC compliance screening dataset.

The company generates revenue primarily through subscription-based financial data and analytics products (approximately half of revenue), credit rating fees for issuers, and index licensing tied to assets under management. Enterprise sales teams serve large financial institutions, corporations, and governments via negotiated annual agreements, supplemented by an inside-sales motion for mid-market customers, a self-service digital marketplace at marketplace.spglobal.com, and technology-platform integrations including Microsoft Excel Copilot and Cohere's North enterprise AI platform. Q1 2026 revenue of $4.171 billion was up 10.43% year-over-year at a 48% GAAP operating margin, tracking toward FY2025 revenue of approximately $15.4 billion.

S&P Global completed the spin-off of its Mobility division into Mobility Global Inc. (NYSE: MBGL) on July 1, 2026, repositioning itself as a pure-play financial data and ratings franchise. The company's customer base includes 80% of the Fortune 500, 122 hedge fund portfolios holding its stock, and segments spanning financial institutions, corporates, governments, academic institutions, and energy market participants. The 53-year streak of consecutive dividend increases places it among fewer than 30 S&P 500 companies with that record.

Name

S&P Global

Legal name

S&P Global Inc.

Website

https://spglobal.com

Company type

Public

Founded year

1908

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

S&P Global is a publicly traded financial data and analytics company serving capital markets participants in 190+ countries with credit ratings, market intelligence platforms, energy benchmarks, and benchmark indices including the S&P 500.

Ownership category

akta.pro rank

Product category

Financial Data and Analytics

NAICS

Portfolio Management and Investment Advice (523940), Commodity Contracts Intermediation (52316), Securities and Commodity Exchanges (5232), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Investment Advice (6282), Services-Management Consulting Services (8742), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Trade Finance & Supply Chain Finance Platforms (FSAGAJAL)

akta.pro secondary industry

M&A Advisory (Buy-Side & Sell-Side) (BPAHAOAA)

Keywords

• Financial data analytics
• Credit rating services
• Market intelligence platform
• Index licensing services
• Commodity price benchmarks

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Subscription-Based Financial Data Services: The largest portion of revenue comes from subscription-based financial data and research services sold primarily to Wall Street firms. This includes recurring fees for access to Capital IQ Pro, Market Intelligence platforms, and other data services.
2. Credit Ratings: S&P Global Ratings provides credit rating services for debt issuers. Revenue is generated through fees charged to rated entities for credit opinions and ongoing surveillance.
3. Index Licensing: S&P Dow Jones Indices licenses the S&P 500 and other benchmark indices to ETF providers, mutual funds, and institutional investors. Revenue comes from licensing fees based on assets under management.
4. Commodity Insights: S&P Global Energy (Commodity Insights/Platts) provides energy price benchmarks, market data, and analytics for commodities markets globally.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels9 records

Core offering

S&P Global is a financial data and analytics company that provides credit ratings, market intelligence, equity and fixed income research, energy and commodity price benchmarks (Platts), and benchmark indices (S&P 500, Dow Jones). Its core offerings include the Capital IQ Pro platform, Ratings360, S&P Global Energy Core (Platts Connect), ESG Scores, and index licensing to ETF providers and institutional investors. The company sells primarily through enterprise subscriptions, licensing, and negotiated data feed/API contracts.

Product overview

S&P Global operates as a multi-platform financial data and analytics company organized into five main divisions: S&P Global Market Intelligence, S&P Global Ratings, S&P Global Energy (Commodity Insights), S&P Dow Jones Indices, and S&P Global Mobility (now spun off as Mobility Global). The core product is S&P Capital IQ Pro, an AI-powered financial market intelligence platform providing data on 60M+ private companies and 109K+ public companies. Key product modules include ProntoNLP for sentiment analysis, Ratings360 for credit insights, S&P Global Energy Core (Platts Connect) for energy benchmarks, and ESG Scores for sustainability assessment. Recent AI capabilities were enhanced through acquisitions of Drift AI (natural language financial modeling for Excel) and Enertel AI (Graph Neural Networks for power price forecasting). The company offers data delivery through Cloud, Data Feed, API Solutions, and Capital IQ Pro. The Market Intelligence division is being reorganized into Kensho Data & Platforms and Enterprise Solutions verticals to better align with AI-driven market demands.

Differentiator

Problem solved

Functional benefit

Brands

• Capital IQ Pro: Premier financial market intelligence platform with AI-powered insights and extensive company data
• S&P Global Energy Core (Platts Connect)
• Ratings360
• CARFAX
• IHS Markit
• Platts
• Kensho
• Visible Alpha
• CERAWeek

Products and services

• S&P Capital IQ Pro The premier financial market intelligence platform providing AI-powered insights with data on 60M+ private and 109K+ public companies. Consolidates financial data, research, and analytics for investment professionals, supporting research, client coverage, idea generation, and risk management workflows.
• S&P Global Energy Core (Platts Connect) Real-time global energy price benchmarks, market data, and forecasts delivered through the Platts Connect platform for energy professionals to optimize trading and strategy decisions.
• S&P Global ESG Scores
• AutoCreditInsight
• Ratings360
• SPICE (S&P Dow Jones Indices ESG)
• S&P Global Ratings
• S&P Global Energy (Commodity Insights)
• S&P Dow Jones Indices
• S&P Global Market Intelligence Division providing essential insights and intelligence including equity research, capital markets data, and company intelligence, reorganized into Kensho Data & Platforms and Enterprise Solutions verticals.

Quantifiable outcome

• S&P Global provides ratings for entities in over 190 countries, serving as critical reference points for global capital markets.
• +2 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability10 records

Feature6 records

Partnerships

Two partnerships are on record, tiered core.

• Cohere AIcoreStrategic or Co-development Partner · 22 June 2026Partnership to integrate S&P Global financial datasets into Cohere's North enterprise AI platform, representing an AI-focused distribution push for the company's data assets through enterprise AI systems.
• IBMcoreTechnology or Integration · 1 October 2025October 2025 collaboration with IBM to deploy agentic AI across S&P Global's operations, representing a strategic push into AI-driven solutions to transform business models from selling data subscriptions to selling AI-driven outcomes.

Scale indicators10 records

Recent moves9 records

Expansion highlights7 records

Direct peers

• Moody's Corporation: The other member of the Big Three NRSRO credit rating agencies, Moody's directly competes with S&P Global Ratings and also operates a Moody's Analytics data and research business analogous to S&P Global Market Intelligence.
• Bloomberg L.P. Operates the Bloomberg Terminal, the dominant financial data, analytics, and news platform competing directly with Capital IQ Pro across the same buy-side and sell-side institutional customer base.
• FactSet: A direct competitor in financial workstation and analytics, FactSet serves portfolio managers, investment bankers, and research analysts with overlapping datasets (company fundamentals, estimates, transcripts) similar to Capital IQ Pro.
• MSCI Inc. Direct competitor in benchmark indices (MSCI World, MSCI EM) and ESG ratings, with comparable AUM-linked licensing economics and the co-developed GICS classification standard with S&P.
• London Stock Exchange Group (LSEG): Following its Refinitiv acquisition, LSEG operates a major financial data and analytics franchise (Workspace, DataScope) that competes with S&P Global Market Intelligence across fixed income, equities, and commodities.
• Morningstar, Inc. Competes with S&P in investment research, fund analytics, and ESG data, serving wealth managers and asset managers with overlapping datasets on funds, equities, and portfolio analytics.

Broad incumbents

• Intercontinental Exchange (ICE): A broad incumbent operating global exchanges, clearing, and data services; overlaps with S&P in fixed income data, indices (e.g., ICE BofA), and commodity benchmarks, and is a significant data and analytics peer.
• CME Group: CME is a joint venture partner in S&P Dow Jones Indices LLC and a broad incumbent in derivatives exchanges and benchmark pricing, with overlap in commodity benchmarks and index-linked products where S&P operates.
• Wolters Kluwer: A broad professional information services incumbent with tax, accounting, legal, and compliance data products that shares S&P's B2B subscription, high-margin, regulatory-anchored business model, though concentrated in adjacent professional verticals.

Emerging players

• Verisk Analytics: A data, analytics, and risk-assessment provider for insurance, energy, and specialized verticals, with a subscription/enterprise model and AI capabilities that overlap thematically with S&P's Market Intelligence and Energy divisions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/spglobal
• YouTubeyoutube.com/channel/UCfXvCHeuAzcYIrR8WeHJgSw
• Facebookfacebook.com/sandpglobal
• LinkedInlinkedin.com/company/spglobal
• Instagraminstagram.com/sp_global

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries9 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A19 records

Investments49 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about S&P Global