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Revenue breakdown by Products & Services
Revenue breakdown by Geography

S&P Global's Revenue by Segment

In fiscal year 2025, S&P Global's revenue by segment (products & services) are as follows:

  • Indices Segment: $1.85 B
  • Market Intelligence Segment: $4.92 B
  • Mobility: $1.75 B
  • Ratings Segment: $4.72 B

Learn more about S&P Global’s Revenue by Geography

Check out competitors to S&P Global in a side-by-side comparison.

Explore additional financial metrics for S&P Global.

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The above chart shows S&P Global's revenue percentage share by segment (products and services).

In fiscal year 2023, S&P Global's revenue by segment is as follows:

  • Commodity Insights generated $1.95 B in revenue, representing 15.57% of its total revenue.
  • Engineering Solutions generated $133.00 M in revenue, representing 1.06% of its total revenue.
  • Indices generated $1.40 B in revenue, representing 11.23% of its total revenue.
  • Intersegment Elimination generated -$177.00 M in revenue, representing -1.42% of its total revenue.
  • Market Intelligence generated $4.38 B in revenue, representing 35.02% of its total revenue.
  • Mobility generated $1.48 B in revenue, representing 11.87% of its total revenue.
  • Ratings generated $3.33 B in revenue, representing 26.66% of its total revenue.

The biggest segment for S&P Global is the Market Intelligence, which represents 35.02% of its total revenue.
The smallest segment for S&P Global is the Intersegment Elimination, which represents -1.42% of its total revenue.

The above chart shows S&P Global's revenue percentage share by segment (products and services).

In fiscal year 2024, S&P Global's revenue by segment is as follows:

  • Commodity Insights generated $2.14 B in revenue, representing 15.16% of its total revenue.
  • Market Intelligence Segment generated $4.65 B in revenue, representing 32.87% of its total revenue.
  • Subscription generated $7.35 B in revenue, representing 51.98% of its total revenue.

The biggest segment for S&P Global is the Subscription, which represents 51.98% of its total revenue.
The smallest segment for S&P Global is the Commodity Insights, which represents 15.16% of its total revenue.

The above chart shows S&P Global's revenue percentage share by segment (products and services).

In fiscal year 2025, S&P Global's revenue by segment is as follows:

  • Indices Segment generated $1.85 B in revenue, representing 13.98% of its total revenue.
  • Market Intelligence Segment generated $4.92 B in revenue, representing 37.14% of its total revenue.
  • Mobility generated $1.75 B in revenue, representing 13.2% of its total revenue.
  • Ratings Segment generated $4.72 B in revenue, representing 35.69% of its total revenue.

The biggest segment for S&P Global is the Market Intelligence Segment, which represents 37.14% of its total revenue.
The smallest segment for S&P Global is the Mobility, which represents 13.2% of its total revenue.
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Summary Table

Products & Services (Percent Share) 2023 2024 2025
Engineering Solutions 1.06% - -
Indices 11.23% - -
Mobility 11.87% - 13.2%
Commodity Insights 15.57% 15.16% -
Ratings 26.66% - -
Market Intelligence 35.02% - -
Market Intelligence Segment - 32.87% 37.14%
Subscription - 51.98% -
Indices Segment - - 13.98%
Ratings Segment - - 35.69%
Total Revenue 100% 100% 100%

The above chart shows the revenue trend of different segments of S&P Global.

In fiscal year 2025, the Market Intelligence Segment generated the most revenue ($4.92 B), and the Mobility generated the least revenue ($1.75 B).

The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.

  • Commodity Insights revenue decreased -100% ($2.14 B) from $2.14 B (in 2024) to $0.00 (in 2025).
  • Indices Segment revenue increased 100% ($1.85 B) from $0.00 (in 2024) to $1.85 B (in 2025).
  • Market Intelligence Segment revenue increased 5.83% ($271.00 M) from $4.65 B (in 2024) to $4.92 B (in 2025).
  • Mobility revenue increased 100% ($1.75 B) from $0.00 (in 2024) to $1.75 B (in 2025).
  • Ratings Segment revenue increased 100% ($4.72 B) from $0.00 (in 2024) to $4.72 B (in 2025).
  • Subscription revenue decreased -100% ($7.35 B) from $7.35 B (in 2024) to $0.00 (in 2025).
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    Summary Table

    Products & Services 2023
    Value Change
    		2024
    Value Change
    		2025
    Value Change
    Commodity Insights $1.95 B - $2.14 B
    10.07%
    		- -
    Engineering Solutions $133.00 M - - - - -
    Indices $1.40 B - - - - -
    Indices Segment - - - - $1.85 B -
    Intersegment Elimination -$177.00 M - - - - -
    Market Intelligence $4.38 B - - - - -
    Market Intelligence Segment - - $4.65 B - $4.92 B
    5.83%
    Mobility $1.48 B - - - $1.75 B -
    Ratings $3.33 B - - - - -
    Ratings Segment - - - - $4.72 B -
    Subscription - - $7.35 B - - -
    Total Revenue $12.50 B - $14.21 B
    13.69%
    		$15.34 B
    7.94%

    Frequently Asked Questions

    What was S&P Global's largest product segment last year?

    In fiscal year 2025, Market Intelligence Segment revenue reached $4.92 Billion, representing 37.14% of S&P Global's total revenue and making it the largest segment for the company.

    Which product segment experienced the highest growth for S&P Global last year?

    The Market Intelligence Segment segment is S&P Global's highest growth segment, with a revenue growth of +5.83% in 2025 compared to 2024.

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