MSCIvs.S&P Global
MSCI vs SPGI · both in Exchanges & market data, part of the Banks, payments & capital markets value chain: The exchanges, index owners and ratings agencies that run, and price, the markets.
S&P Global is about 3.0× larger than MSCI by market cap; S&P Global trades at the lower P/E (24.9 vs 29.9); year to date, MSCI leads (−1.7% vs −17.1%).
Side by side
| MSCI | SPGI | |
|---|---|---|
| Market cap | $40.6B | $123B |
| Price | $564.22 | $436.49 |
| Today | +0.0% | +0.8% |
| Return YTD | −1.7% | −17.1% |
| Return 1Y | −1.7% | −21.5% |
| P/E | 29.9 | 24.9 |
| P/S | 12.2 | 7.6 |
| P/B | 107.4 | 3.9 |
Data as of 2026-08-27 · updates daily after U.S. close
The two companies
MSCIMSCI
ETFs and index funds track MSCI's global equity benchmarks and pay to do so. ESG, climate and portfolio-analytics data has grown quickly on top of that, sold much like a subscription.
Full MSCI profile →S&P GlobalSPGI
Credit ratings on the bonds companies issue are one revenue stream. The S&P 500 and Dow Jones index franchises are another. Market and commodity intelligence sold on subscription is the third. Very little of this revenue has to be won again each year.
Full SPGI profile →More MSCI & SPGI comparisons
Other head-to-heads in the Exchanges & market data segment.