S&P Global Inc.
"Acquired Visible Alpha to enhance its data and analytics offerings."
Business LinesRatings
Key Metrics
Ratings Revenue, Global Bond Issuance
Growth Driver
Financial Infrastructure & Data Demand
Advantage
Ratings Oligopoly, Entrenched Benchmarks
Use Case Solved
Credit Risk Assessment & Benchmarking
Market Position
Co-leader in Credit Ratings
Quantified Position
Highly profitable, cyclical business
Market Intelligence
Key Metrics
Subscription Revenue Growth
Growth Driver
Demand for data and analytics
Advantage
Breadth of data and platform (CapIQ)
Use Case Solved
Financial data, research, and analytics
Market Position
Leader in financial data
Quantified Position
TBD
Commodity Insights
Key Metrics
Subscription Revenue Growth
Growth Driver
Energy transition and commodity volatility
Advantage
Benchmark pricing data
Use Case Solved
Price benchmarks and analytics (Platts)
Market Position
Leader in commodity data
Quantified Position
TBD
Mobility
Key Metrics
Subscription Revenue Growth
Growth Driver
Automotive industry data needs
Advantage
Deep industry data
Use Case Solved
Data and analytics for the auto industry
Market Position
Leader in automotive data
Quantified Position
TBD
Indices
Key Metrics
AUM in ETFs tracking S&P indices
Growth Driver
Growth of passive investing
Advantage
Iconic, indispensable indices
Use Case Solved
Market benchmarks (S&P 500)
Market Position
Leader in market indices
Quantified Position
$16T tracks S&P DJI indices
Fcf Yield Pct
3.6
Next Year Revenue Growth Pct
5-7
Subscription Revenue Pct
>90%
Marketing And Sales Pct
~15-20%
Capex Pct
<3%
Single Point Of Failure
Reputational damage or regulatory scrutiny.
Insider Ownership Pct
0.10%
Gross Margin Pct T T M
69.50%