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GICS - Accelerating Progress | S&P Global

GICS Global Industry Classification Standard2 S&P Global Market Intelligence | MSCI Global Industry Classification Standard 3 ContentsThe Global Industry Classification Standard (GICS ) ..3 A Guide to the GICS Methodology ..4 Company Classification Guidelines ..5 The GICS Structure ..6 Energy ..12 Materials ..14 Industrials ..18 Consumer Discretionary ..24 Consumer Staples ..32 Health Care ..36 Financials ..38 Information Technology ..42 Communication Services ..46 Utilities ..48 Real Estate ..504 S&P Global Market Intelligence | MSCI Global Industry Classification Standard 3 The Global Industry Classification Standard (GICS )The Global Industry Classification Standard (GICS ) was developed by S&P Dow Jones Indices, an independent international financial data and investment services company and a leading provider of Global equity indic

earnings, as they are less volatile than earnings. Also, while many companies do not provide earnings breakdowns, industrial and geographic breakdowns of revenues are generally available. Nevertheless, company valuations are more closely related to earnings than revenues and, therefore, earnings remain an important consideration.

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