S&p Global Inc. · NYSE:SPGI
S&p Global — Morgan Stanley Financials Conference 2018
15 slides from S&p Global's conference presentation, Jun 12, 2018
Slide 1: Morgan Stanley Financials Conference
Morgan Stanley Chip Merritt Financials Vice President, Investor Relations Conference June 12, 2018 Copyright © 2017 by S&P Global. All rights reserved. Comparison of adjusted information to U.S. GAAP information This presentation includes adjusted financial measures that are derived from the Company
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: Secular market trends position S&P Global for sustained long-term growth
Secular market trends position S&P Global for sustained long-term growth Total corporate debt Major financing and data outstanding continues required for infrastructure to grow over time investments Investors searching for Assets shifting to index- unique data with ubiquitous related investments at
Slide 4: S&P Global extends succession of solid revenue growth
S&P Global extends succession of solid revenue growth Revenue 3-year CAGR: 6% $7,000 $6,063 $6,000 $5,661 $5,313 $5,051 $5,000 $4,000 $3,000 +8% $2,000 $1,453 $1,567 $1,000 $0 ($ in millions) 2014 2015 2016 2017 1Q 2017 1Q 2018 Note: McGraw Hill Construction was sold in 2014, and was reclassified to
Slide 5: Adjusted earnings per share growth continues
Adjusted earnings per share growth continues Adjusted Earnings Per Share 3-year CAGR: 20% $8.00 $7.00 $6.89 $6.00 $5.35 $5.00 $4.69 $3.99 $4.00 +24% $3.00 $2.00 $2.00 $1.62 $1.00 $0.00 2014 2015 2016 2017 1Q 2017 1Q 2018 Note: McGraw Hill Construction was sold in 2014 and was reclassified to discont
Slide 6: Strong track record of returning substantial cash to shareholders
Strong track record of returning substantial cash to shareholders RETURNED OVER $6 Billion SINCE START OF 2014 $1,503 $1,422 $1,337 $1,227 $688 Initiated $1 billion ASR in 1Q 2018 $307 Share Repurchases Dividend 2014 2015 2016 2017 1Q 2017 1Q 2018 ($ in millions) Note: Shares repurchased are reporte
Slide 7: 1Q 2018: Results by segment
1Q 2018: Results by segment Adjusted segment operating Revenue: $1,567 million profit: $781 million $196 $95 Market $129 Intelligence $437 $214 $149 Ratings1 S&P Dow Jones Indices2 $748 $408 Platts ($ in millions) ($ in millions) Notes: Revenue chart excludes consolidating adjustments 1) Includes CR
Slide 8: Ratings financial snapshot
Ratings financial snapshot Revenue Adjusted Operating 3-year CAGR: 7% Profit Margin $2,428 $2,988 54% 53% 54% 55% $2,455 $2,535 50% 47% 44% +5% $714 $748 2014 2015 2016 2017 1Q 1Q 2014 2015 2016 2017 1Q TTM* 1Q 2017 2018 2017 2018 ($ in millions) * 1Q 2018 Trailing Twelve Months 15 S&P Global Rating
Slide 9: U.S. Corporate Debt as a Share of U.S. GDP
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 10: S&P Dow Jones Indices financial snapshot
S&P Dow Jones Indices financial snapshot Revenue Adjusted Operating 3-year CAGR: 10% Profit Margin $733 $639 70% $597 65% 67% 65% 65% 68% 66% $552 +25% $214 $171 2014 2015 2016 2017 1Q 1Q 2014* 2015 2016 2017 1Q TTM** 1Q 2017 2018 2017 2018 ($ in millions) * Includes ~$11 million revenue recognition
Slide 11: Market Intelligence financial snapshot
Market Intelligence financial snapshot Revenue Adjusted Operating 3-year CAGR: 11% Profit Margin $1,659 $1,678 $1,405 $1,237 33% 30% 31% 32% 30% 24% 21% +9% $402 $437 2014 2015 2016 2017 1Q 1Q 2014 2015 2016 2017 1Q TTM* 1Q 2017 2018 2017 2018 ($ in millions) * 1Q 2018 Trailing Twelve Months 21 S&P
Slide 12: Introducing the Market Intelligence Platform; Platts financial snapshot
Introducing the Market Intelligence Platform 23 S&P Global Platts financial snapshot (Comparisons impacted by the sale of J.D. Power in September 2016) Revenue Adjusted Operating Platts 3-year CAGR: 9% Profit Margin 51% $316 $214 47% 46% 48% $288 41% 38% 35% $774 $712 $655 +3% $605 $191 $196 2014 20
Slide 13: S&P Global Platts; We embrace ESG at S&P Global
S&P Global Platts Revenue generated from AREAS OF FOCUS: subscriptions and licensing for Create world-class capability in derivative trading trade flow analytics Thousands of daily price Pursue unique benchmarks in new assessments regions and markets Comprehensive coverage Develop exchange relations
Slide 14: Our ESG solutions; 2018 areas of focus
Our ESG solutions include indices, data, news, analytics, Green Evaluations, and thought leadership –Provider of ESG Indices since 1999 –TruCost Carbon Scorecard has been applied to all S&P Dow Jones Indices’ standard indices –Green Evaluations –Ratings incorporate ESG factors –CRISIL Inclusix –Corp
Slide 15: Morgan Stanley Financials Conference
Morgan Stanley Chip Merritt Financials Vice President, Investor Relations Conference June 12, 2018 Copyright © 2017 by S&P Global. All rights reserved. 15
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