S&p Global Inc. · NYSE:SPGI
S&p Global — Goldman Sachs U.S. Financial Services Conference 2017
14 slides from S&p Global's conference presentation, Dec 5, 2017
Slide 1: Goldman Sachs U.S. Financial Services Conference
Goldman Sachs Doug Peterson President and CEO U.S. Financial Chip Merritt Vice President, Investor Relations December 5-6, 2017 Services Conference Copyright © 2017 by S&P Global. All rights reserved. Comparison of adjusted information to U.S. GAAP information This presentation includes adjusted fin
Slide 2: Safe Harbor statement
“Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995 This presentation contains “forward-looking statements,” as defined in the Private Securities Litigation Reform Act of 1995. These statements, which express management’s current views concerning future events, trends,
Slide 3: Great assets distinguish S&P Global
Great assets distinguish S&P Global Scalable Global Market-Leading Positions Serving Growth Markets 5 Secular market trends position S&P Global for sustained long-term growth Significant debt maturities Major financing and data and continued bank required for infrastructure deleveraging Increased in
Slide 4: Revenue and adjusted operating margin growth
S&P Global continues to deliver revenue growth… Revenue 3-year CAGR: 6% $7,000 3Q YTD organic revenue grew $5,661 $6,000 $5,313 13% $5,051 $4,702 $5,000 $4,262 $4,475 $4,000 $3,000 $2,000 $1,000 $0 2013 2014 2015 2016 3Q YTD 3Q YTD ($ in millions) 2016 2017 Note: McGraw-Hill Education and McGraw Hil
Slide 5: Adjusted EPS growth and capital management philosophy
And adjusted earnings per share growth Adjusted Earnings Per Share 3-year CAGR: 17% $6.00 $5.35 $5.05 $5.00 $4.69 $3.99 $4.08 $4.00 $3.35 $3.00 $2.00 $1.00 $0.00 2013 2014 2015 2016 3Q YTD 3Q YTD 2016 2017 Note: McGraw-Hill Education and McGraw Hill Construction reclassified to discontinued operatio
Slide 6: Returning cash to shareholders; strong balance sheet
Strong track record of returning substantial cash to shareholders RETURNED $6 Billion SINCE START OF 2013 $1,503 $1,337 $1,286 $1,162 $688 Share Repurchases Dividend 2013 2014 2015 2016 3Q YTD 2017 ($ in millions) Note: Shares repurchased are reported on a settlement-date basis 11 S&P Global: A stro
Slide 7: 3Q YTD 2017 results by segment; areas of focus
3Q YTD 2017: Results by segment Adjusted segment operating Revenue: $4,475 million profit: $2,205 million $542 Market and $356 Commodities Intelligence $1,815 $681 Ratings1 S&P Dow Jones $2,199 Indices2 $1,168 ($ in millions) ($ in millions) Notes: Revenue chart excludes consolidating adjustments 1)
Slide 8: ESG awards and opportunities
We have received numerous ESG awards & recognition 15 Index and Ratings pursue ESG opportunities Ratings launched new Index Acquired Trucost Green Evaluation product This acquisition adds the gold Provides a relative green impact standard carbon and natural score on instruments targeted at capital i
Slide 9: 3Q results by segment; Ratings financial snapshot
3Q Results: Every segment delivered strong organic revenue gains 3Q 2017 vs. 3Q 2016 Market and S&P Dow Ratings Commodities Jones Indices Intelligence Reported revenue +15% (6%) +14% Organic revenue +15% +7% +13% Adjusted operating profit +19% +1% +10% 3Q 2017 adjusted operating 53.0% 37.4% 64.3% ma
Slide 10: Ratings revenue mix and history
Ratings: Change in revenue mix (2007–2016) Corporate ratings are now a much larger portion of the business $2,535 $2,138 12% 6% 10% 9% 10% CRISIL, Other* Government 16% 44% Structured Financials Corporates 15% 52% 27% 2007 2016 Details may not sum to total due to rounding *Other includes intersegmen
Slide 11: U.S. corporate debt; S&P Dow Jones Indices snapshot
U.S. Corporate Debt as a Share of U.S. GDP Financial Corporate Debt (Ex GSE) / U.S. GDP Non-Financial Corporate Debt (Ex GSE) / U.S. GDP 120% 100% 80% 60% 40% 20% 0% Credit market instruments including bonds, commercial paper, and loans, excluding agency and GSE-backed securities from financials. So
Slide 12: Indices revenue mix; Market and Commodities Intelligence snapshot
S&P Dow Jones Indices revenue mix At the forefront of trend toward passive investing 2017 AREAS OF FOCUS: Data & Custom Subscriptions Continue index innovation Asset-Linked Exchange- Fees 2016 Expand local presence Traded in emerging markets Derivatives Increase global indices awareness 23 Market an
Slide 13: Market Intelligence and Platts areas of focus
S&P Global Market Intelligence 2017 AREAS OF FOCUS: Launch beta version of new Market Desktop Intelligence platform Deliver cost and revenue synergies Data Management Solutions Build Risk Services into a market leader Risk Services Continue to develop unique analytical tools 25 S&P Global Platts Rev
Slide 14: Goldman Sachs U.S. Financial Services Conference
Goldman Sachs Doug Peterson President and CEO U.S. Financial Chip Merritt Vice President, Investor Relations December 5-6, 2017 Services Conference Copyright © 2017 by S&P Global. All rights reserved. 14
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