S&P Global Europe — Concentration risk (as a percent) remained flat by 0.0% to 5.8% in Q4 2025 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from 5.8% to 5.8%. Over 4 years (FY 2021 to FY 2025), Europe — Concentration risk (as a percent) shows relatively stable performance with a -1.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase signals higher dependency on a few key accounts, which elevates business risk, whereas a decrease indicates a more diversified and resilient client base.
This metric measures the degree of revenue or client dependency on a limited number of counterparties within the Europea...
Financial services and data providers generally aim for low concentration ratios to ensure revenue stability, with benchmarks often compared against industry-standard client diversification targets.
spgi_segment_europe_concentration_risk_as_a_percent| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | 24% | 23% | 23% | 23% | 23% |
| YoY Change | — | -4.2% | +0.0% | +0.0% | +0.0% |