A comprehensive structure for company classification
The ICB structure for sector and industry analysis enables the comparison of companies across four levels of classification and national boundaries. It offers a balance between levels of aggregation, for those who look at markets from the top down, and granularity, for those who look at markets from the bottom up.
Each company is allocated to the subsector that most closely represents the nature of its business, which is determined by its source of revenue or where it constitutes the majority of revenue.
- 114 subsectors allow detailed analysis.
- 41 sectors provide a broad benchmark for investment managers.
- 19 supersectors can be used for trading.
- 10 industries help investors monitor broad industry trends.