Investment management firm Andvari Associates stated in its Q2 2026 investor letter that S&P Global (NYSE:SPGI) recently divested its Mobility Global (MBGL) division, resulting in a higher quality for its remaining businesses. According to their analysis, S&P Global's credit ratings, S&P Dow Jones Indices, and energy businesses had adjusted operating margins of 65%, 71%, and 48% respectively in 2025, significantly higher than Mobility Global's 40%.