A company is classified under the GICS structure according to its principal business activity. To make this determination, S&P Global and its GICS partner, MSCI, use revenue as the key measure to identify a company’s principal business activity. However, earnings and market perception are also recognized as important and relevant for classification purposes and are taken into account during the review process. For more information about the GICS methodology, please visit our website.
A company’s GICS classification is reviewed at least annually and is also under constant surveillance for corporate actions potentially impacting its classification. GICS reviews also occur upon client request. Please contact email@example.com if you have any questions regarding your firm’s GICS classification.