A Brief History of S&P Global Inc. (SPGI)

S&P Global Inc., originally known as The McGraw-Hill Companies, is an American publicly traded corporation headquartered in Manhattan, New York City. The company provides financial information and analytics to both businesses and individuals.

The company traces its origins back to the late 19th century. In 1888, James H. McGraw purchased the American Journal of Railway Appliances, and in 1890, John A. Hill started the successful publication of Locomotive Engineer. The two companies merged in 1909 to form the McGraw-Hill Publishing Company.

Throughout the 20th century, McGraw-Hill expanded by acquiring several other companies and entering new markets. In 1959, the company acquired Standard & Poor's, a leading provider of financial market intelligence, which significantly bolstered its position in the financial services industry.

By the turn of the century, McGraw-Hill had diverse interests ranging from educational publishing to financial services. However, recognizing the need for a more focused approach, the company decided to concentrate on financial information and analytics, eventually leading to a rebranding.

• In 2011, McGraw-Hill divested its education division, forming McGraw-Hill Education as a separate entity.
• In 2013, the company officially changed its name to McGraw Hill Financial.
• In 2016, the company rebranded itself as S&P Global to better reflect its focus on financial services and analytics.

As S&P Global Inc., the company has continued to grow its footprint in the financial sector, offering critical market data, ratings, benchmarks, and analytics to investors and institutions worldwide. Key subsidiaries such as S&P Global Ratings, S&P Dow Jones Indices, S&P Global Market Intelligence, and S&P Global Platts are integral to its operations.

Who Owns S&P Global Inc. (SPGI)

S&P Global Inc. (SPGI) is a publicly traded company, meaning it is owned by its shareholders. These shareholders can range from individual retail investors to large institutional investors. The ownership of such companies can often be diversified and widespread. Here are some key points about the ownership of S&P Global Inc.:

As of the latest data, the ownership structure of S&P Global Inc. includes a combination of institutional investors, mutual funds, insiders, and retail investors. Below is a breakdown of significant ownership categories:

• Institutional Investors: A substantial portion of S&P Global Inc. is held by institutional investors. These include asset management firms, pension funds, hedge funds, and other financial institutions. Examples of significant institutional investors are The Vanguard Group and BlackRock, which hold large percentages of SPGI shares.
• Mutual Funds: Various mutual funds hold shares in S&P Global Inc., providing individual investors indirect ownership through their mutual fund investments.
• Insiders: Insiders, including the company’s executives, board members, and employees, also hold shares. Insider ownership is crucial as it aligns the interests of the company’s management with those of the shareholders. However, insider ownership is typically a smaller percentage compared to institutional investors.
• Retail Investors: These are individual investors who buy shares through brokerage accounts. Retail investor ownership tends to be fragmented and constitutes a smaller portion of the total ownership compared to institutional investors.

Collectively, these groups own S&P Global Inc. and their decisions on buying or selling shares can significantly impact the company’s stock price. The company’s performance, governance, and strategic decisions are therefore subject to the influence and interests of these various shareholder groups.

S&P Global Inc. (SPGI) Mission Statement

S&P Global Inc. (SPGI) is a renowned company committed to providing essential intelligence that enables individuals and businesses to make sound decisions. The company’s mission statement can be encapsulated by its dedication to:

• Empowering markets: S&P Global aims to empower financial markets by providing trusted and actionable data, insights, and research. Through their robust analytics, they strive to support investment decisions and enhance transparency in global markets.
• Driving sustainability: A key component of their mission is promoting sustainability. S&P Global integrates environmental, social, and governance (ESG) considerations into their analysis, helping clients to understand and manage the impacts of these factors.
• Fostering innovation: By leveraging technology and data science, the company focuses on creating innovative solutions that meet the evolving needs of its clients. This includes the development of advanced financial tools and platforms that provide deeper insights.
• Commitment to excellence: S&P Global is committed to maintaining the highest standards of excellence in everything they do. They continuously seek to improve their methodologies, data accuracy, and service delivery to ensure superior quality and reliability.

Overall, S&P Global Inc. strives to maintain a leading position in the industry while adhering to principles of integrity, independence, and objectivity. They believe in creating long-term value for their stakeholders through a persistent focus on these core aspects of their mission.

How S&P Global Inc. (SPGI) Works

S&P Global Inc. (SPGI) is a publicly traded corporation renowned for providing essential financial information and analytical tools to various industries and markets. The company has a diverse range of services intended to support investment decisions, manage risks, and foster transparency in financial markets. Below is an overview of how SPGI works:

At the core of S&P Global's operations is the collection and analysis of vast amounts of financial data. This data is gathered from multiple sources, including financial statements, market transactions, and economic indicators. The company then employs advanced analytics and proprietary algorithms to generate insights.

• Credit Ratings: Through S&P Global Ratings, the company assesses the creditworthiness of corporate, government, and financial institutions. These ratings influence investment decisions and risk management strategies worldwide.
• Market Intelligence: S&P Global Market Intelligence offers a suite of data and analytics tools that help investors, corporations, and governments make informed decisions. This includes financial data, economic forecasts, and industry research.
• Indices: S&P Dow Jones Indices, a joint venture between S&P Global and CME Group, provides a wide range of indices, including the S&P 500, which is one of the most followed equity indices worldwide.
• Platts: S&P Global Platts delivers independent price benchmarks, analytics, and information for commodities and energy markets. This service is crucial for trading, pricing, and risk management.
• ESG Solutions: The company also focuses on Environmental, Social, and Governance (ESG) analytics, providing tools to help investors and businesses integrate sustainability into their operations.

S&P Global invests heavily in technology to enhance its data processing and analytical capabilities. This includes the use of artificial intelligence, machine learning, and cloud computing to deliver faster and more accurate insights.

With a presence in over 30 countries, S&P Global serves clients worldwide, including financial institutions, governments, corporations, and educational institutions. This global reach allows the company to provide localized insights while maintaining a broad perspective on global market trends.

Operating in highly regulated industries, S&P Global adheres to strict compliance and governance standards. The company champions transparency and ethical practices, which are essential for maintaining client trust and upholding market integrity.

By combining robust data collection, advanced analytical tools, a wide range of products and services, innovative technology, global reach, and a commitment to compliance and transparency, S&P Global Inc. plays a pivotal role in the global financial ecosystem.

How S&P Global Inc. (SPGI) Makes Money

S&P Global Inc. (SPGI) is a leading provider of ratings, benchmarks, analytics, and data to the global capital and commodity markets. The company operates through four primary business segments that drive its revenue streams. These segments include:

• S&P Global Ratings: This segment is one of the largest credit rating agencies in the world. It provides independent credit ratings, research, and analytics to investors and other market participants, which are essential for assessing credit risk. The revenue from this segment comes from fees charged for issuing and maintaining credit ratings, as well as sales of related research products and services.
• S&P Global Market Intelligence: This segment delivers data, insights, and powerful analytics to a wide range of clients, including financial institutions, investment professionals, and government agencies. It provides various solutions, such as desktop and mobile platforms, enterprise data feeds, and research. Revenue is generated from subscription fees, licensing fees, and professional services.
• S&P Dow Jones Indices: This segment is a leading provider of indices, including iconic benchmarks like the S&P 500 and the Dow Jones Industrial Average. These indices are used by asset managers and other financial professionals for benchmarking, index-linked investment products, and as a tool for passive investment strategies. Revenue is earned through licensing fees for products including exchange-traded funds (ETFs), mutual funds, and derivatives based on the indices.
• S&P Global Platts: This segment focuses on providing information and benchmark prices for the commodities and energy markets. It offers pricing, news, and analytics for major commodity markets such as oil, natural gas, electricity, and metals. The revenue is primarily generated from subscription fees for real-time data and analytics services, as well as licensing fees for the use of their benchmark prices in physical and financial contracts.

Additionally, S&P Global Inc. strategically acquires complementary businesses and technologies to enhance its product offerings and expand its market presence. The company has a diversified revenue model, ensuring steady income from its wide array of services that are crucial to the functioning of global financial and commodity markets.