S&P Global: Американдық қаржы компаниясының тарихы

American financial services company

S&P Global Inc. (prior to April 2016 McGraw Hill Financial, Inc., and prior to 2013 The McGraw–Hill Companies, Inc.) is an American publicly traded corporation headquartered in Manhattan, New York City. Its primary areas of business are financial information and analytics. It is the parent company of S&P Global Ratings, S&P Global Market Intelligence, S&P Global Mobility, S&P Global Engineering Solutions, S&P Global Sustainable1, and S&P Global Commodity Insights, CRISIL, and is the majority owner of the S&P Dow Jones Indices joint venture. "S&P" is a shortening of "Standard and Poor's".

The predecessor companies of S&P Global have histories dating to 1888, when James H. McGraw purchased the American Journal of Railway Appliances. He continued to add further publications, eventually establishing The McGraw Publishing Company in 1899. John A. Hill had also produced several technical and trade publications and in 1902 formed his own business, The Hill Publishing Company. In 1909, both men, having known each other's interests, agreed upon an alliance and combined the book departments of their publishing companies into The McGraw–Hill Book Company. John Hill served as president, with James McGraw as vice president. In 1917, the remaining parts of each business were merged into The McGraw–Hill Publishing Company. McGraw Hill founded Business Week magazine in 1929. In 2009 McGraw Hill Cos. sold Business Week to Bloomberg L. P.

In 1964, after Hill died, both McGraw–Hill Publishing Company and McGraw–Hill Book Company merged into McGraw–Hill, Inc. McGraw–Hill purchased credit rating agency Standard & Poor's from Paul Talbot Babson in 1966. In 1979, McGraw–Hill acquired Byte magazine from its owner/publisher Virginia Williamson, who then became a vice president of McGraw–Hill. In 1986, McGraw–Hill bought out competitor The Economy Company, then the United States' largest publisher of educational material. The buyout made McGraw–Hill the largest educational publisher in the United States. In 1994, McGraw–Hill's broadcasting division signed a deal with ABC, due partly to the fact that its stations in San Diego (KGTV) and Indianapolis (WRTV) had already been aligned with the network, and that Denver (KMGH TV) and Bakersfield (KERO TV) joined the ABC family. (Bakersfield sister station KERO TV was also involved in the deal between McGraw–Hill and ABC; however, that station had to wait for its affiliation contract with CBS to expire in March 1996, before it could finally switch to ABC). In 1995, McGraw–Hill, Inc. became The McGraw–Hill Companies, Inc. as part of a corporate rebranding. On October 3, 2011, McGraw–Hill announced it was selling its entire television station group to the E. W. Scripps Company for $212 million. The sale was completed on December 30, 2011. It had been involved in broadcasting since 1972, when it purchased four television stations from a division of Time Inc. The sale included McGraw–Hill Broadcasting's stations KERO TV and KZKC LP Bakersfield; KGTV and KZSD LP San Diego; KZCS LP Colorado Springs; flagship station KMGH TV and KZCO LD Denver; KZFC LP Fort Collins; and WRTV Indianapolis. On November 26, 2012, McGraw–Hill announced it was selling its entire education division, known as McGraw–Hill Education to Apollo Global Management for $2.5 billion. On March 22, 2013, McGraw–Hill announced it had completed the sale for $2.4 billion cash. On May 1, 2013, shareholders of McGraw–Hill voted to change the company's name to McGraw Hill Financial. McGraw–Hill divested the subsidiary McGraw–Hill Construction to Symphony Technology Group for US$320 million on September 22, 2014. The sale included Engineering News Record, Architectural Record, Dodge and Sweet's. McGraw–Hill Construction has been renamed Dodge Data & Analytics. In February 2016, McGraw–Hill announced that McGraw–Hill Financial would change its name to S&P Global Inc. by the end of April 2016. McGraw Hill Financial officially changed its name following a shareholder vote on April 27, 2016. In April 2016, McGraw–Hill announced it was selling J. D. Power and Associates to investment firm XIO Group for $1.1 billion. On August 3, 2020, S&P Global Platts launched S&P Global Platts Analytics fundamental oil information on the redesigned S&P Global Platts Developer Platform. The Platts Developer Platform offers customers with quick exposure to product price databases, business statistics and insights at the pace of market changes. In November 2020, S&P Global agreed to acquire IHS Markit analytics company in a $44 billion transaction.

S&P Global organizes its businesses in six units based on the market in which they are involved.

S&P Global Ratings provides independent investment research including ratings on various investment instruments.

S&P Global Market Intelligence is a provider of multi asset class and real time data, research, news and analytics to institutional investors, investment and commercial banks, insurance companies, investment advisors and wealth managers, corporations, and universities. Subsidiaries and brands include Capital IQ and Panjiva.

Launched on July 2, 2012, S&P Dow Jones Indices is the world's largest global resource for index based concepts, data, and research. It produces the S&P 500 and the Dow Jones Industrial Average. S&P Dow Jones Indices calculates over 830,000 indices, publishes benchmarks that provide the basis for 575 ETFs globally with $387 billion in assets invested, and serves as the DNA for $1.5 trillion of the world's indexed assets.

Headquartered in London, S&P Global Commodity Insights is a provider of information and a source of benchmark price assessments for the commodities, energy, petrochemicals, metals, and agriculture markets. It has offices in more than 15 cities, including major energy centres such as London, Tokyo, Dubai, Singapore, and Houston, and international business centres such as São Paulo, Shanghai, and New York City.

During the course of its history, McGraw Hill and from 2016 S&P Global has expanded significantly through acquisition, not just within the publishing industry but also into other areas such as financial services (the purchase of Standard & Poor's in 1966) and broadcasting (the 1972 acquisition of Time Life Broadcasting). The publishing and education assets are a part of McGraw–Hill Education from the company separation in 2013. Date of acquisitionAsset acquiredIndustry1920Newton Falls Paper Company 1928A. W. Shaw CompanyPublisher of petroleum industry information1954Blakiston, from DoubledayPublisher of medical textbooks1961F. W. Dodge Corporation Publisher of construction industry information1965California Test BureauLegal publisher1968National Radio InstituteCorrespondence School1970The Ryerson PressEducational and trade publishing1972Television Stations of Time Life BroadcastingEducational publishing1996Times Mirror Higher EducationEducational publishing1993Macmillan/McGraw–Hill School Publishing CompanyEducational publishing1997Micropal Group LimitedFinancial Services1999Appleton & Lange Publisher of medical information2000Tribune Education, including NTC/Contemporary Publisher of supplementary educational materials2001Mayfield Publishing CompanyPublisher of humanities and social science textbooks2004Capital IQCompany information aggregation2005J. D. Power & Associates Marketing information provider2015SNL FinancialFinancial News2018Kensho Technologies Artificial Intelligence2019451 Research Global IT research and advisory2022IHS MarkitInformation Provider2022The Climate ServiceInformation Provider
This list only includes acquisitions made by McGraw–Hill, not its subsidiaries. McGraw–Hill typically does not release financial information regarding its acquisitions or divestitures.

After acquiring a portfolio of diverse companies, McGraw Hill later divested itself of many units to form McGraw Hill Financial which is now S&P Global. Date of divestitureAsset relinquishedIndustry1996 Shepard's legal publisher to Times Mirror Publishing2009Vista Resources to Guidepoint Global Expert Networks2011Television station group to the E. W. Scripps Company Broadcasting2013McGraw–Hill Education to Apollo Global Management Publishing2013Aviation Week to Penton Publishing2014McGraw–Hill Construction to Symphony Technology GroupPublishing2016J. D. Power & Associates to XIO GroupMarketing information provider2016Equity Research Group to CFRA Equity research
This list only includes divestitures made by McGraw–Hill, not its subsidiaries.

The company was based at 1221 Avenue of the Americas until July 2015.

Established in 1935, the McGraw–Hill Federal Credit Union originally served employees of the McGraw–Hill companies in New York City only. The credit union moved from its location inside the McGraw–Hill building to East Windsor, New Jersey, in 2005. Its accounts are insured by the National Credit Union Administration. It provides savings, checking accounts, CDs, money market accounts, IRAs, credit cards, auto loans, and home mortgages. In February 2019, the credit union announced plans to merge with Pentagon Federal Credit Union, completing to convert customers to those of PenFed on May 1, 2019. The East Windsor branch currently operates as a PenFed branch as of September 2019.

In 1999, the National Building Museum presented the McGraw–Hill Companies with its annual Honor Award for the corporation's contributions to the built environment. In 2023, S&P Global was recognized in Newsweek's ranking of America's Greenest Companies 2024 for its commitment to sustainability.