58-60Global Revenue* U.S. GAAP
In 2018, U.S. revenue accounted for 60% of S&P Global’s total revenue and represented a 7% four-year compound annual growth rate (CAGR). Ex-U.S. revenue accounted for 40% of the total and represented a 4% four-year CAGR. S&P Global Ratings contributed nearly half of Ex-U.S. revenue. Geographical statistics are based on a customer’s billing location, not the end user’s geographical location.