S&p Global Inc. · NYSE:SPGI
S&p Global — Morgan Stanley Financials Conference 2016
13 slides from S&p Global's conference presentation, Jun 15, 2016
Slide 1: Morgan Stanley Financials Conference
6/15/2016 Morgan Stanley Jack Callahan Executive Vice President and CFO S&P Global Financials Copyright © 2016 by S&P Global. Conference All rights reserved. June 15, 2016 No content below the line No content below the line 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
6/15/2016 “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 event
Slide 3: S&P Global today
6/15/2016 S&P Global today Focus on creating growth and driving performance Track record of delivering strong revenue growth, adjusted margin improvement, and return of capital to shareholders Multi-year productivity program targeting $140 million by year-end 2016 is on track Strong 1Q 2016 results
Slide 4: Great assets distinguish S&P Global
6/15/2016 Great assets distinguish S&P Global Scalable | Global | Market-Leading Positions | Serving Growth Markets No content below the line No content below the line Morgan Stanley Financials Conference 7 A proven track record of growth Annual revenue growth ($ in millions) +8% $5,313 $5,051 $4,70
Slide 5: Sustained adjusted margin expansion and adjusted earnings growth
6/15/2016 Sustained adjusted margin expansion and adjusted earnings growth Adjusted operating margin +730 bps 41.1%* 38.7% 39.8%* 35.9% 31.4% 33.1% 2012 2012 2013 2013 2014 2014 2015 2015 1Q 2015 1Q 1Q 2015 2016 1Q 2016 Adjusted $2.65 $3.22 $3.88 $4.53 $1.11* $1.20* Diluted EPS Note: McGraw-Hill Edu
Slide 6: A strong balance sheet
6/15/2016 S&P Global: A strong balance sheet Period-end debt and cash positions ($ in millions) $3,941 $3,611 Key 2015 changes: Payments related to legal and $2,500 regulatory settlements were largely made in 1Q 2015 $1,560 $1,487 $1,607 Issued $700 million of 10-year debt in May 2015 $794 $795 Issu
Slide 7: 2016: Breadth of portfolio weathers market volatility and weak bond issuance
6/15/2016 2016: Breadth of portfolio weathers market volatility and weak bond issuance 1Q 2016 S&P Global S&P Global S&P Global S&P Dow Market Platts vs. 1Q 2015 Ratings Jones Indices Intelligence (includes J.D. Power) Revenue -9% +27%* +5% +13%* Adj. Operating -12% +81% +5% +21% Profit Adj. Operati
Slide 8: Ratings: Financial snapshot
6/15/2016 S&P Global Ratings: Financial snapshot Revenue Adjusted operating margin ($ in millions) +3% CAGR $2,455 $2,428 47% 47% $2,274 44% 46% 42% $606 $552 2013 2014 2015 1Q15 1Q16 2013 2014 2015 1Q15 1Q16 No content below the line No content below the line Morgan Stanley Financials Conference 15
Slide 9: Ratings: Revenue 2000–2015
6/15/2016 S&P Global Ratings: Revenue 2000–2015 Financial crisis had modest impact on Corporate & Government revenue (Revenue, $ in millions) $2,500 Structured Other Corporates & Government $2,000 $1,500 $1,000 2008: $500 7% decline in Corporates & Government revenue $0 2000 2001 2002 2003 2004 2005
Slide 10: Dow Jones Indices: Revenue mix
6/15/2016 S&P Dow Jones Indices: Revenue mix At the forefront of trend toward passive investing Data & Custom Indices 2016 areas of focus: Continue developing portfolio Traded 2015 of fixed income indices Derivatives Expand local presence in emerging markets OTC Derivatives ETFs & Mutual Increase gl
Slide 11: S&P Global Market Intelligence
6/15/2016 S&P Global Market Intelligence Financial Data & Analytics 2016 areas of focus: Integrate SNL into • S&P Capital IQ Desktop • SNL S&P Global Market Intelligence • Enterprise Solutions Deliver cost and revenue synergies Global Risk Services Build Global Risk Services • RatingsDirect® into a
Slide 12: 2016: Important areas of focus
6/15/2016 S&P Global Platts Revenue generated from subscriptions 2016 areas of focus: and licensing for derivative trading Build additional trade flow Thousands of daily price assessments analytical tools Comprehensive coverage across Pursue unique benchmarks in new regions and markets commodity mar
Slide 13: Morgan Stanley Financials Conference
6/15/2016 Morgan Stanley Jack Callahan Executive Vice President and CFO S&P Global Financials Copyright © 2016 by S&P Global. Conference All rights reserved. June 15, 2016 No content below the line No content below the line 13
S&P Global — Morgan Stanley Financials Conference 2016 on 6ix