S&P Global

Methodology

S&P Global's credit ratings and financial data businesses generate relatively predictable earnings from subscription indices and analytics, though issuance-driven ratings revenue adds cyclicality. The calculation works reasonably well when normalizing for debt issuance cycles and focusing on the growing contribution from stable indices and market intelligence subscriptions.

Methodology

S&P Global typically commands premium PEG ratios reflecting oligopolistic ratings market structure, high-margin indices business, and secular data demand growth. While expensive on absolute terms, the business quality and regulatory barriers justify valuations. Compare to Moody's and S&P's historical range while considering the index business contribution.

Methodology

S&P Global offers a meaningful dividend with consistent growth as management balances capital returns with strategic investments and acquisitions. The dividend adds value though capital appreciation from business quality matters more. PEGY better captures total return potential for this financial information leader.