S&P Global Inc.

What does S&P Global own?
Four divisions after the July 2026 spinoff: S&P Global Ratings, S&P Global Market Intelligence, S&P Dow Jones Indices, and S&P Global Commodity Insights including Platts.

Is S&P Global publicly traded?
Yes. It trades on the New York Stock Exchange under ticker SPGI and is a component of the S&P 500 index it licenses.

What happened to S&P Global Mobility?
It became an independent public company, Mobility Global Inc. (NYSE: MBGL), on July 1, 2026, taking Carfax, automotiveMastermind, Polk Automotive Solutions, and Market Scan. S&P Global shareholders received one MBGL share per SPGI share.

Who founded S&P Global?
The S&P lineage traces to Henry Varnum Poor's financial publications beginning in 1860 and the Standard Statistics Bureau of 1906, which merged in 1941. The corporate entity descends from McGraw-Hill, formed in 1917.

Who is the CEO of S&P Global?
Martina L. Cheung, president and CEO since November 2024, previously head of S&P Global Ratings and Market Intelligence.

Does S&P Global own the S&P 500?
The S&P 500 index is published by S&P Dow Jones Indices, a controlled joint venture between S&P Global and CME Group.

How much revenue does S&P Global generate?
$15.3 billion in FY2025, up 8 percent, with continuing operations of roughly $14 billion after the Mobility separation.

The company carries two founding lineages. The S&P business descends from Henry Varnum Poor, who began publishing financial statistics on American railroads in 1860, and from the Standard Statistics Bureau, founded by Luther Lee Blake in 1906 to provide financial information on US companies. The two merged in 1941 to form Standard & Poor's.

The corporate entity descends from McGraw-Hill, formed in 1917 by the merger of the McGraw and Hill publishing companies, which had been built on trade magazines including Engineering News-Record and American Machinist since the 1880s.

McGraw-Hill acquired Standard & Poor's in 1966, adding credit ratings to a publishing empire that spanned books, magazines, and broadcasting. Decades of divestitures narrowed the company toward financial information: the broadcasting and magazine units were sold, and in 2013 the company sold McGraw-Hill Education and renamed itself McGraw Hill Financial.

The modern identity arrived in 2016, when McGraw Hill Financial renamed itself S&P Global, centering the company on its best-known brand. The transformational deal came in February 2022: an approximately $44 billion all-stock merger with IHS Markit that added commodity price reporting through Platts, automotive data through the former Polk assets, and financial services data, forming the Mobility and Market Intelligence divisions.

The merged company's next restructuring was the July 1, 2026 separation of Mobility Global, unwinding the automotive-data piece of the IHS Markit combination into a standalone public company while S&P Global retained ratings, indices, market intelligence, and commodity insights.

The company sells sustainability and ESG data products through Market Intelligence and has committed to net-zero operational emissions targets reported through standard frameworks.

Its more material ethical exposure is conduct, not operations: credit rating integrity, benchmark independence, and regulatory compliance define its license to operate, a point reinforced by post-2008 regulatory settlements and ongoing SEC and DOJ oversight of the ratings industry.

Credit rating industry scrutiny: The major agencies, including S&P, remain under tightened post-crisis regulatory frameworks following the 2015 DOJ settlement in which S&P paid approximately $1.4 billion over pre-crisis structured product ratings, the largest rating-agency penalty in history.

Benchmark regulation: Index and commodity benchmarks operate under IOSCO principles and jurisdiction-specific regulation, with periodic reviews of methodology governance.

Concentration concerns: The ratings oligopoly draws recurring political scrutiny in the US and Europe over competition and issuer-pay conflicts, a structural rather than episodic issue.