S&P Global Inc vs Thomson Reuters Corp — how do they compare? S&P Global Inc trades at $431.27 (market cap $132.71B), while Thomson Reuters Corp trades at $90.98 (market cap $41.28B). The key difference: S&P Global Inc is far larger — about 3.2× Thomson Reuters Corp's market cap, and Thomson Reuters Corp pays the higher dividend (2.75%). Which is the better fit depends on your goals.
| SPGI | TRI | |
|---|---|---|
Market Cap | $132.71B | $41.28B |
Sector | Financials | Industrials |
52-Week High | $534.79 | $205.54 |
52-Week Low | $370.42 | $76.55 |
Enterprise Value | $144.68B | $43.24B |
Dividend Yield | 0.87% | 2.75% |
Trailing returns across standard periods
Latest headlines on both assets
S&P Global provides data and benchmarks to capital and commodity market participants. In 2021 and excluding IHS Markit, S&P Ratings was over 45% of the firm's revenue and over 55% of the firm's operating income. S&P Ratings is the largest credit rating agency in the world. The firm's other segments include Market Intelligence, Indices, and Platts. Market Intelligence provides desktop tools and other data solutions to investment banks, corporations, and other entities. Indices provides benchmarks for financial markets and is monetized through subscriptions, asset-based fees, and transaction-based royalties. Platts provides benchmarks to commodity markets, principally petroleum.
Read more on SPGI →Thomson Reuters is the result of the $17.6 billion megamerger of Canada's Thomson and the United Kingdom's Reuters Group in 2008 and the 2018 carve-out of its finance and risk business, Refinitiv, in which it holds a 45% stake. In 2019, the company agreed to exchange its 45% stake in Refinitiv for a 15% stake in LSE, which closed in early 2021. Since the divestiture, the company is more concentrated on selling its flagship legal data and software, Westlaw, and its tax accounting software, Onesource. Reuters sees roughly 80% of revenue and 70% of expenses attributed to the United States, while the remainder (largely through the global print and Reuters News segments) is distributed across Latin America, Europe, the Middle East, Africa, and Asia-Pacific.
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