How does SPG make money?
S&P Global Inc. (SPGI) operates as a premier provider of essential financial intelligence, credit ratings, benchmarks, and analytics to global capital and commodity markets, generating its revenue predominantly through recurring subscription services, transaction fees, and licensing agreements. The corporation makes money through key divisions such as S&P Global Ratings, which charges fees to corporate and government issuers for evaluating debt instruments; S&P Dow Jones Indices, which earns licensing royalties based on assets tracking its financial market benchmarks like the S&P 500; and Market Intelligence and Commodity Insights divisions, which supply indispensable research data, pricing assessments, and software platforms to financial institutions, corporations, and energy market participants on a paid annual subscription basis.
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