S&p Global Inc. · NYSE:SPGI
S&p Global — McGraw Hill Financial — Jefferies 2014 Global Technology, Media & Telecom Conference
12 slides from S&p Global's conference presentation, May 7, 2014
Slide 1: Jefferies 2014 Global Technology, Media & Telecom Conference
JEFFERIES 2014 GLOBAL TECHNOLOGY, MEDIA & TELECOM CONFERENCE Chip Merritt – VP Investor Relations May 7, 2014 McGraw Hill Financial Comparison of Adjusted Information to U.S. GAAP Information This presentation includes adjusted financial measures that are derived from the Company’s continuing operat
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, including without limitation statements relating to our businesses and our prospects, new products, sales, expenses, tax rates, cash flows, and operating and capi
Slide 3: A Truly Global Company
A Truly Global Company North America Headcount 5,900 Revenue $ 3.1B EMEA Headcount 1,800 Revenue $ 1.2B Asia Pacific Headcount 8,800 Revenue $ 0.5B Latin America Headcount 500 ~17,000 Employees Revenue $ 0.1B 29 Countries 94 Global Offices McGraw Hill Financial 44 Growth and Value Plan Delivered Gre
Slide 4: Investing to Expand Portfolio: 2011-2013 MHFI Transactions
Investing to Expand Portfolio: 2011‐2013 MHFI Transactions S&P Dow Jones Indices S&P Capital IQ (2012) (2012) (2012) (2012) Commodities (Platts) Standard & Poor’s Ratings Services (2011) (2012) (2012) (2013) (2011) McGraw Hill Financial 6 2013 Results by Line of Business Revenue: $4,875M Adj. Segmen
Slide 5: Strength of Portfolio Drives Quarterly Results
Strength of Portfolio Drives Quarterly Results Segment Operating Profit Commodities & Commercial Markets 14% 17% S&P Dow Jones Indices 15%* 20%* S&P Capital IQ 12% 11% Standard & Poor’s Ratings Services 59% 52% 1Q 2013 1Q 2014 * Operating profit attributable to the noncontrolling interest of the S&P
Slide 6: MHFI: Double-Digit Earnings Growth
MHFI: Double‐Digit Earnings Growth Annual Adjusted Diluted EPS +22% CAGR $3.75 ‐ $3.85 $3.33 $2.75 $2.09 2011(1) 2012 2013 2014 Guidance Anticipate free cash flow of approximately $1 billion in 2014 (1) 2011 adjusted EPS excludes gain on divestiture of Broadcasting McGraw Hill Financial 10 MHFI: 1Q
Slide 7: Returning Substantial Cash to Shareowners
Returning Substantial Cash to Shareowners ($ in millions) Announced new 50 million share repurchase authorization in $1,796 December $1,279 $1,297 $548 $256 2010 2011 2012 2013 1Q 2014 Dividend Share Repurchase McGraw Hill Financial 12 S&P Ratings – Financial Snapshot Revenue ($ in millions) Adjuste
Slide 8: Standard & Poor's Ratings Services
Standard & Poor’s Ratings Services • Well positioned to capitalize on opportunities provided by structural changes in capital markets: – Developing capital markets – Bank deleveraging in developed markets – Recovery in structured finance • 1Q 2014 results driven primarily by – Strength in frequent i
Slide 9: S&P Dow Jones Indices
S&P Dow Jones Indices • Revenue generated from: – ETF and mutual fund contracts – Licensing of indices for derivative trading – Profit sharing with exchange partner – Data subscriptions • 1Q 2014 results driven by: – Assets under management in ETFs which increased 27% to $667B at end of the quarter
Slide 10: S&P Capital IQ
S&P Capital IQ • Revenue generated from: S&P Capital IQ Desktop S&P Credit S&P Capital IQ & Enterprise Solutions Solutions Markets Intelligence • S&P Capital IQ Desktop • RatingsDirect® • Global Markets • Portfolio Risk • RatingsXpress® Intelligence (GMI) • Compustat • Leveraged Commentary • Consoli
Slide 11: Commodities & Commercial (C&C) Markets
Commodities & Commercial (C&C) Markets Premier source of benchmarks, high‐value information, data, and analytic services • Revenue generated from • Revenue generated from subscriptions and licensing for subscriptions, proprietary derivative trading research, and brand licensing • 12,000+ price asses
Slide 12: McGraw Hill Financial
McGraw Hill Financial • A new company with a 125‐year heritage • Track record of solid growth and margin improvement • Delivering growth potential with a focused, inter‐related portfolio • 2014 guidance indicates strong performance: – Mid single‐digit, top‐line growth – Adjusted diluted EPS guidance
McGraw Hill Financial — Jefferies 2014 Global Technology, Media & Telecom Conference on 6ix