SPGI · 10-Q · 2026Q1 · Full report

Competition and Market Share

S&P Global Inc. · 2026-04-28 · Importance 17 · Surprise 24

S&P Global highlights pockets of market share gains, notably 'market share growth within the Financial business' in Mobility and share gains driven by Ratings products and Market Intelligence offerings. Ratings’ strength from investment-grade corporate bond issuance and rising surveillance revenue suggests competitive positioning in capital markets ratings and analytics. Indices benefited from higher AUM in ETFs/mutual funds and derivative activity, reinforcing S&P’s benchmark franchise. The company’s strategy emphasizes advancing market leadership through best-in-class benchmarks and differentiated data to retain and grow client relationships.