S&p Global Inc. · NYSE:SPGI
S&p Global — Goldman Sachs U.S. Financial Services Conference 2018
15 slides from S&p Global's conference presentation, Dec 5, 2018
Slide 1: Goldman Sachs U.S. Financial Services Conference
Goldman Sachs U.S. Financial Doug Peterson, CEO Martin Fraenkel, President, S&P Global Platts Chip Merritt, SVP, Investor Relations Services December 4-5, 2018 Conference Copyright © 2017 by S&P Global. All rights reserved. Comparison of adjusted information to U.S. GAAP information This presentatio
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 continue to shift to unique data with ubiquitous index-related investm
Slide 4: YTD revenue growth matches 3-year CAGR
YTD revenue growth matches 3-year CAGR (2014-2017) Revenue 3-year CAGR: 6% $7,000 $6,063 $6,000 $5,661 $5,313 +6% $5,051 $5,000 $4,475 $4,721 $4,000 $3,000 $2,000 $1,000 $0 ($ in millions) 2014 2015 2016 2017 YTD 3Q17 YTD 3Q18 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 $6.89 +24% $7.00 $6.28 $6.00 $5.35 $5.05 $5.00 $4.69 $3.99 $4.00 $3.00 $2.00 $1.00 $0.00 2014 2015 2016 2017 YTD 3Q17 YTD 3Q18 Note: McGraw Hill Construction was sold in 2014 and was reclassified to disco
Slide 6: Consistent track record of returning cash to shareholders
Consistent track record of RETURNED OVER returning cash to shareholders $6 Billion SINCE START OF 2014 $1,503 $1,487 $1,422 $1,337 $1,162 Completed $1 billion ASR initiated in 1Q 2018 $688 Initiated new $500 million ASR in 4Q 2018 Share Repurchases 2014 2015 2016 2017 YTD YTD Dividend 3Q17 3Q18 ($ i
Slide 7: YTD 3Q 2018: Results by segment
YTD 3Q 2018: Results by segment Adjusted segment operating Revenue: $4,721 million profit: $2,411 million $604 $298 Market Intelligence $1,349 $444 $421 $627 Ratings1 S&P Dow Jones Indices2 $2,223 $1,248 Platts ($ in millions) ($ in millions) Notes: Revenue chart excludes consolidating adjustments 1
Slide 8: Ratings financial snapshot
Ratings financial snapshot Revenue Adjusted Operating 3-year CAGR: 7% Profit Margin $2,988 56% 56% $2,428 54% 53% +1% $2,455 $2,535 50% 47% $2,199 $2,223 44% 2014 2015 2016 2017 YTD YTD 2014 2015 2016 2017 YTD TTM* YTD 3Q17 3Q18 3Q17 3Q18 ($ in millions) * 3Q 2018 Trailing Twelve Months 15 S&P Globa
Slide 9: S&P Dow Jones Indices financial snapshot
U.S. Corporate Debt as a Share of U.S. GDP (nominal) 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 fina
Slide 10: S&P Dow Jones Indices revenue mix
S&P Dow Jones Indices revenue mix At the forefront of AREAS OF FOCUS: passive investing Continue index innovation (e.g. factors, smart beta, ESG) Data & Custom Expand local presence Subscriptions in emerging markets Asset-Linked Increase global indices Exchange- Fees 2017 awareness Traded Derivative
Slide 11: Market Intelligence financial snapshot
S&P Global Market Intelligence AREAS OF FOCUS: Desktop Release production version of new Market Intelligence platform Transition Capital IQ users to the Data Management Solutions new platform Continue to add unique content and Risk Services analytical tools RECENTLY ACQUIRED: Panjiva - Global trade
Slide 12: S&P Global Platts financial snapshot
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 49% $316 $214 47% 48% 48% $288 +5% 38% 41% 35% $774 $577 $604 $712 $655 $605 2014 2015 2016 2017 YTD YTD 2014 2015 2016 2017 YTD TTM
Slide 13: Powering the Markets of the Future: 2018 areas of focus
Powering the Markets of the Future: 2018 areas of focus • Creating shareholder value: ‒ Drive revenue and earnings growth ‒ Received significant benefit from tax reform of over $1.00/share ‒ Return at least 75% of free cash flow in dividends and share repurchases • Evolve and grow our core businesse
Slide 14: Key Governance Highlights
Key Governance Highlights Accountability Board Independence & Compensation & Risk Refreshment Management Annual elections for directors Independent Chairman of the Equity Ownership Board Requirements for directors and executive officers Majority voting in uncontested All directors except our CEO are
Slide 15: ESG Awards & Recognition
ESG Awards & Recognition 29 Goldman Sachs U.S. Financial Doug Peterson, CEO Martin Fraenkel, President, S&P Global Platts Chip Merritt, SVP, Investor Relations Services December 4-5, 2018 Conference Copyright © 2017 by S&P Global. All rights reserved. 15
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