How S&P Global Commodity Insights Generates Revenue
Commodity Insights was formed upon the completion of the merger with IHS Markit on February 28, 2022. The division is a combination of S&P Global Platts and IHS Markit Energy & Natural Resources
- Subscription revenue:
Subscriptions to market data and market insights (price assessments, market reports, commentary, and analytics) along with other information products and software term licenses
- Non-subscription revenue:
Conference sponsorship, consulting engagements, events, and perpetual software licenses
- Sales usage-based royalties:
Licensing fees from issuers of financial products, including exchanges, for the utilization of Commodity Insights’ price benchmarks and assessments
Revenue by Type
U.S. GAAP Stand-alone (1)
Pro forma (2)
Sales usage-based royalties
Geographic and Customer Diversification
Global products and services for a diverse customer base
S&P Global Commodity Insights has customers in more than 150 countries and is the Company’s most global business, with 60% of its revenue from outside the U.S.
Revenue by Geography U.S. GAAP
|
| U.S.
| $356
| $673
|
| Ex-U.S.
| 656
| 1,012
|
| Total revenue
| $1,012
| $1,685
|
|
| U.S.
| $356
| $673
|
| Ex-U.S.
| 656
| 1,012
|
| Total revenue
| $1,012
| $1,685
|
See page 68 for footnotes on global revenue
Note: U.S. and Ex-U.S. revenue is only presented on a U.S. GAAP basis; geographic breakdown is not available on a non-GAAP pro forma adjusted basis
S&P Global Commodity Insights provides benchmarks, data, and insights via four reporting segments
Revenue by Reporting Segment
Advisory & Transactional Services
Energy & Resources Data & Insights
S&P Global Commodity Insights serves customers in diverse end-markets and is embedded in daily workflows and high-value decision processes of our customers
Key Customer Segments
- Agriculture
- Chemicals
- Distribution
- Financial
- Government
- Midstream & Downstream
- Mining & Metals
- Refining & Marketing
- Regulators
- Trading
- Transportation
- Upstream
- Utilities
Key Customer Personas
- Analysts
- Brokers
- C-Suite
- Compliance
- Engineers
- Exchange Operators
- Geoscientists
- Risk Managers
- Strategic Planners
- Traders
S&P Global Commodity Insights is a well-diversified business, serving different customer segments with the breadth and depth of our benchmarks, data, and insights for global energy and commodity markets