Global Industry Classification Standard
Encyclopedia
The Global Industry Classification Standard (GICS) is an industry taxonomy developed by MSCI and Standard & Poor's
(S&P) for use by the global financial community. The GICS structure consists of 10 sectors, 24 industry groups, 68 industries and 154 sub-industries into which S&P has categorized all major public companies
. The system is similar to ICB (Industry Classification Benchmark
), a classification structure maintained by Dow Jones Indexes and FTSE Group.
GICS is used as a basis for S&P and MSCI financial market
indexes in which each company is assigned to a sub-industry, and to a corresponding industry, industry group and sector, according to the definition of its principal business activity.
"GICS" is a registered trademark of McGraw-Hill
and is currently assigned to S&P.http://tess2.uspto.gov/bin/showfield?f=doc&state=4008:vvjmne.4.1
Standard & Poor's
Standard & Poor's is a United States-based financial services company. It is a division of The McGraw-Hill Companies that publishes financial research and analysis on stocks and bonds. It is well known for its stock-market indices, the US-based S&P 500, the Australian S&P/ASX 200, the Canadian...
(S&P) for use by the global financial community. The GICS structure consists of 10 sectors, 24 industry groups, 68 industries and 154 sub-industries into which S&P has categorized all major public companies
Public company
This is not the same as a Government-owned corporation.A public company or publicly traded company is a limited liability company that offers its securities for sale to the general public, typically through a stock exchange, or through market makers operating in over the counter markets...
. The system is similar to ICB (Industry Classification Benchmark
Industry Classification Benchmark
The Industry Classification Benchmark is an industry classification taxonomy developed by Dow Jones and FTSE. It is used to segregate markets into sectors within the macroeconomy...
), a classification structure maintained by Dow Jones Indexes and FTSE Group.
GICS is used as a basis for S&P and MSCI financial market
Financial market
In economics, a financial market is a mechanism that allows people and entities to buy and sell financial securities , commodities , and other fungible items of value at low transaction costs and at prices that reflect supply and demand.Both general markets and...
indexes in which each company is assigned to a sub-industry, and to a corresponding industry, industry group and sector, according to the definition of its principal business activity.
"GICS" is a registered trademark of McGraw-Hill
McGraw-Hill
The McGraw-Hill Companies, Inc., is a publicly traded corporation headquartered in Rockefeller Center in New York City. Its primary areas of business are financial, education, publishing, broadcasting, and business services...
and is currently assigned to S&P.http://tess2.uspto.gov/bin/showfield?f=doc&state=4008:vvjmne.4.1
| Code | Sector | Subcode | Industry Groups |
|---|---|---|---|
| 10 | Energy | 1010 | Energy |
| 15 | Materials | 1510 | Materials |
| 20 | Industrials | 2010 | Capital Goods |
| 2020 | Commercial & Professional Services | ||
| 2030 | Transportation | ||
| 25 | Consumer Discretionary | 2510 | Automobiles and Components |
| 2520 | Consumer Durables and Apparel | ||
| 2530 | Consumer Services | ||
| 2540 | Media | ||
| 2550 | Retailing | ||
| 30 | Consumer Staples | 3010 | Food & Staples Retailing |
| 3020 | Food, Beverage & Tobacco | ||
| 3030 | Household & Personal Products | ||
| 35 | Health Care | 3510 | Health Care Equipment & Services |
| 3520 | Pharmaceuticals, Biotechnology & Life Sciences | ||
| 40 | Financials | 4010 | Banks |
| 4020 | Diversified Financials | ||
| 4030 | Insurance | ||
| 4040 | Real Estate | ||
| 45 | Information Technology | 4510 | Software & Services |
| 4520 | Technology Hardware & Equipment | ||
| 4530 | Semiconductors & Semiconductor Equipment | ||
| 50 | Telecommunication Services | 5010 | Telecommunication Services |
| 55 | Utilities | 5510 | Utilities |
See also
- Industry Classification BenchmarkIndustry Classification BenchmarkThe Industry Classification Benchmark is an industry classification taxonomy developed by Dow Jones and FTSE. It is used to segregate markets into sectors within the macroeconomy...
- North American Industry Classification System
- Standard Industrial ClassificationStandard Industrial ClassificationThe Standard Industrial Classification is a United States government system for classifying industries by a four-digit code. Established in 1937, it is being supplanted by the six-digit North American Industry Classification System , which was released in 1997; however certain government...
- International Standard Industrial ClassificationInternational Standard Industrial ClassificationThe International Standard Industrial Classification of All Economic Activities is a United Nations system for classifying economic data. The United Nations Statistics Division describes it in the following terms:...
- Thomson Reuters Business ClassificationThomson Reuters Business ClassificationThe Thomson Reuters Business Classification is an industry classification of global companies; it is owned and operated by Thomson Reuters and is also the basis for Thomson Reuters Indices.-Coverage:...