Investor Fact Book
| 2021
Overview
A Message from S&P Global Investor Relations | Investments for Growth | Time to Open the Next Chapter
(2-3)
Adjusted Operating Results by Division: 2021 | Adjusted Operating Division Trends: 2017–2021
(4-5)
Capital Management Philosophy
(6-7)
Platform as a Service: The S&P Global Platform
(8)
S&P Global Marketplace
(9)
Investing in Technology to Bring New Insights to Market Faster
(10)
Kensho: A Hub for AI Innovation and Transformation
(11)
S&P Global Unveils New ESG and Sustainability Organization: S&P Global Sustainable1
(12)
Uniquely Positioned to Deliver Global ESG Solutions
(13)
Making an Impact as a Purpose-Led Organization
(14)
Task Force on Climate-related Financial Disclosures
(15)
Contact IR
Executive Committee | Board of Directors
(80-81)
S&P Global
Ratings
How Ratings Generates Revenue
(16-17)
CRISIL Limited
(18)
Thought Leadership and Broad and Deep Analytical Coverage
(19)
S&P Global (China) Ratings Expands Its Capabilities in China’s Domestic Bond Market
(20)
ESG Evaluation and Sustainable Financing Opinions
(21)
Global Corporate Debt Maturities Through 2026
(22-23)
U.S. Debt Market
(24-25)
EMEA Region Debt Market
(26-27)
Asia-Pacific Region Debt Market
(28)
S&P Global Ratings’ Track Record: Standing the Test of Time
(29)
Ratings Diversification | Trends in Leveraged Lending Market
(30-31)
S&P Global
Market Intelligence
How Market Intelligence Generates Revenue
(32-33)
Uniting Data and Analytics under the S&P Capital IQ Brand
(34)
S&P Capital IQ Pro
(35)
Enhanced Coverage and Capabilities in the Private Markets
(36)
451 Research, a Part of S&P Global Market Intelligence
(37)
S&P Global
Platts
How Platts Generates Revenue
(38-39)
Platts Energy Transition Offering
(40)
S&P Platts Dimensions Pro
(41)
Platts Data via Machine-to-Machine Delivery
(42)
Greater Speed for Platts NextGen MOC
(43)
S&P Global Platts Price Assessments | Exchange Relationships and Licensing Price Assessments
(44-45)
Core Established Benchmarks | Introducing New Price Assessments Globally
(46-47)
S&P Dow Jones
Indices
How S&P Dow Jones Indices Generates Revenue
(48)
S&P Dow Jones Indices Annual Survey of Assets
(49)
Exchange Relationships Expand Global Reach
(50)
Industry Trends: Rising Popularity of Index Investing
(51)
The S&P Dow Jones Indices Index Ecosystem
(52)
Core and Innovative Index Solutions
(52)
Index Solutions: Basis for a Range of Investment Vehicles | ETFs and Exchange-Traded Derivatives
(54-55)
Financial
Review
2021 Financial Highlights | Revenue Snapshots
(56-57)
Operating Division Trends: Revenue | Expenses | Operating Profit and Profit Margin | Key Results
(58-61)
Historical Revenue: 2007–2021
(62)
Revenue by Geographic Region
(63)
Global Revenue: U.S. and Ex-U.S. | Revenue by Division
(64-65)
Revenue by Type
(66)
EBITDA | Net Debt (Cash) to EBITDA
(67)
Free Cash Flow / Capital Investments
(68)
Acquisitions & Divestitures
(69)
Cash Returned to Shareholders | Share Repurchase | Debt Profile | Stock Information
(70-71)
SPGI Valuation
(72)
Appendix
(73)
Non-GAAP Adjustments and Deal-Related Amortization
(74)
Adjusted Results by Quarter: 2020 and 2021
(75)
2020 by Quarter
(75)
2021 by Quarter
(75)
2022 by Quarter
(75)