S&p Global Inc. · NYSE:SPGI
S&p Global — Barclays Global Financial Services Conference 2016
12 slides from S&p Global's conference presentation, Sep 14, 2016
Slide 1: Barclays Global Financial Services Conference
Barclays Global Doug Peterson President and CEO Chip Merritt Vice President, Investor Relations Financial Services Copyright © 2016 by S&P Global. All rights reserved. Conference September 13-14, 2016 Comparison of adjusted information to U.S. GAAP information This presentation includes adjusted fin
Slide 2: Safe Harbor statement under the Private Securities Litigation Reform Act of 1995
“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: Sweeping changes at the Company
Sweeping changes at the Company Divestitures from 2009–2016: Pending sale 2016: Standard & Poor’s Securities Evaluations (SPSE) Credit Market Analysis 5 Great assets distinguish S&P Global Scalable Global Market-Leading Positions Serving Growth Markets 6 3
Slide 4: A proven track record of growth
A proven track record of growth Annual revenue growth ($ in millions) $5,313 $5,051 $4,702 $4,270 $2,823 $2,615 2012 2013 2014 2015 1H 2015 1H 2016 Note: McGraw-Hill Education and McGraw Hill Construction reclassified to discontinued operations 7 Sustained adjusted margin expansion and adjusted earn
Slide 5: Strong track record of returning substantial cash to shareholders
Strong track record of returning substantial cash to shareholders RETURNED $1,279 $1,286 $1,337 $5.2 Billion SINCE START OF 2012 $688 Announced $750m $564 ASR September, 2016 Share Repurchases Special Dividend Dividend 2012 2013 2014 2015 1H2016 Notes: Shares repurchased are reported on a settlement
Slide 6: 1H 2016: Results by division
1H 2016: Results by division Adjusted segment operating Revenue: $2.8 Billion profit: $1.3 Billion $509 $205 S&P Global Ratings1 S&P Global $304 $1,234 $203 $621 Market Intelligence S&P Dow Jones Indices2 $824 $241 S&P Global Platts (includes J.D. Power 3) ($ in millions) ($ in millions) Notes: Reve
Slide 7: Secular market trends position S&P Global for sustained long-term growth
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 investor Assets continue to shift to sophistication requires real- index-related investments time data a
Slide 8: S&P Global Ratings: Change in revenue mix (2007-2015)
S&P Global Ratings: Change in revenue mix (2007-2015) Corporate ratings are now a much larger portion of the business ($ in millions) $2,428 $2,138 27% 51% 42% 68% 15% Corporates 9% 17% Financial Institutions 44% 9% Governments 11% Structured Finance 6% 11% CRISIL, Other* 2007 2015 * Other includes
Slide 9: S&P Dow Jones Indices: Financial snapshot
S&P Dow Jones Indices: Financial snapshot Revenue Adjusted operating margin ($ in millions) 66% 67%* 67%* $597 64% $552 $493 54% $291 $304 2013 2014 2015 H115 H116 2013 ** 2014 *** 2015 H115 H116 * Excludes deal-related amortization expense ** Includes $26 million non-cash charge *** Includes ~$11 m
Slide 10: S&P Global Market Intelligence: Financial snapshot
S&P Global Market Intelligence: Financial snapshot Revenue Adjusted operating margin ($ in millions) $1,405 29%* $1,237 $1,170 23%* 21% 19% $824 17% $644 2013 2014 2015 1H15 1H16 ** 2013 2014 2015 ** 1H15 1H16 ** * Excludes deal-related amortization expense ** Acquired SNL 9/1/2015 19 S&P Global Mar
Slide 11: S&P Global Platts: Financial snapshot
S&P Global Platts: Financial snapshot (includes J.D. Power) Revenue Adjusted operating margin ($ in millions) 39%* 40%* $971 37% $893 33% 34% $841 $509 $459 2013 2014 2015 1H15 1H16 2013 2014 2015 1H15 1H16 Results include J.D. Power. Sale of J.D. Power closed September, 2016. J.D. Power and Platts’
Slide 12: 2016: Important areas of focus
2016: Important areas of focus Deliver financial Drive performance performance Implement additional process Focus on delivering revenue, improvements across the Company adjusted margin, adjusted EPS, Continue to invest in compliance and and free cash flow risk management Complete sale of J.D. Power
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