Egan-Jones Ratings Company

Egan-Jones Ratings Company is an American credit rating agency founded in 1995, recognized as a Nationally Recognized Statistical Rating Organization (NRSRO) by the U.S. Securities and Exchange Commission (SEC) for corporate, insurance, and financial institution ratings. Headquartered in Haverford, Pennsylvania, the firm's core mission is to provide timely and accurate credit ratings. It distinguishes itself by being primarily investor-supported, a structure designed to mitigate potential conflicts of interest inherent in issuer-paid models.

The company offers a comprehensive suite of services, including private placement ratings, public bond ratings, corporate ratings, and credit research. Additionally, Egan-Jones provides ESG scores and independent proxy advisory services for institutional investors, covering a wide range of asset classes and financial instruments. The firm has established itself as a market leader in private credit ratings, serving banks, asset managers, insurance companies, and other financial institutions globally.

Sean Egan, co-founder and CEO, leads the company, which has a history of making early and accurate calls on credit risk, notably anticipating the 2007-08 credit crisis and the failures of companies like Enron and WorldCom. In recent news, Egan-Jones appointed Alan McClain to its Board of Directors in September 2025. The company has also been subject to SEC scrutiny, settling conflict of interest violations in 2022, and is currently undergoing an SEC review of its application to resume rating asset-backed and government securities, following a denial of an exemption request related to the 10% revenue rule in March 2026.