10-KPeriod: FY2017

S&P Global Inc. Annual Report, Year Ended Dec 31, 2017

Filed February 9, 2018For Securities:SPGI

Summary

S&P Global Inc.'s (SPGI) 2017 10-K filing provides a comprehensive overview of its business operations, financial performance, and strategic outlook as of December 30, 2017. The company operates across several key segments, including S&P Global Ratings, S&P Global Market Intelligence, S&P Dow Jones Indices, and S&P Global Platts, each contributing to its diversified revenue streams. The filing highlights the company's resilience and growth, driven by data, analytics, and essential intelligence for financial markets. Investors can find critical information regarding the company's financial health, risk factors, and management's discussion on its performance. The report emphasizes the company's commitment to innovation and its ability to adapt to evolving market dynamics, positioning it as a significant player in the financial information services sector. Overall, the 2017 10-K offers a solid foundation for understanding SPGI's strategic direction and financial stability.

Financial Highlights

53 data points
Beta

Revenue

$6.06B

72.1% Gross Margin

Net Income

$1.50B

24.7% Net Margin

EPS (Diluted)

$5.78

Total Assets

$9.43B

Cash & Equivalents

$2.78B

Free Cash Flow

$2.02B

Financial Statements
Beta
Revenue$6.06B
Cost of Revenue$1.69B
Gross Profit$4.37B
SG&A Expenses$1.61B
Operating Expenses$3.48B
Operating Income$2.58B
Interest Expense$149.00M
Net Income$1.50B
EPS (Basic)$5.84
EPS (Diluted)$5.78
Shares Outstanding (Basic)256.30M
Shares Outstanding (Diluted)258.90M

Key Highlights

  • 1Diversified business model across Ratings, Market Intelligence, Indices, and Platts segments.
  • 2Significant revenue generation driven by recurring subscription and fee-based services.
  • 3Strong focus on data, analytics, and essential intelligence for financial markets.
  • 4Management's Discussion and Analysis (MD&A) provides detailed insights into operational performance and financial condition.
  • 5Filing includes standard sections on business overview, risk factors, legal proceedings, and executive officers.
  • 6Consolidated financial statements and supplementary data offer a detailed look at the company's financial health.
  • 7Information regarding market for common equity and related stockholder matters is presented.

Frequently Asked Questions

S&P Global operates through four primary segments: S&P Global Ratings (credit ratings and research), S&P Global Market Intelligence (data, analytics, and insights for various industries), S&P Dow Jones Indices (providers of leading indices like the S&P 500), and S&P Global Platts (information and benchmark prices for energy and commodities markets). Each segment contributes to a diversified revenue base, with a significant portion derived from recurring subscription and fee-based services.

The filing details various risk factors, which typically include regulatory changes affecting the credit rating industry, competition from other data and analytics providers, cybersecurity threats, economic downturns impacting financial markets, and the company's ability to adapt to technological advancements and evolving customer needs. Investors should review the 'Risk Factors' section for a comprehensive understanding.

While this 10-K filing provides the financial statements and MD&A for the period ending December 30, 2017, specific financial performance metrics such as revenue growth, profitability, and cash flow would be detailed within the 'Selected Financial Data' and 'Management's Discussion and Analysis of Financial Condition and Results of Operations' sections. Investors are encouraged to examine these sections for detailed performance figures and management's commentary on the results.

Information related to the market for the registrant's common equity, related stockholder matters, and issuer purchases of equity securities can be found in Item 5 of the 10-K filing. This section typically includes details on stock performance, dividends, and share repurchase programs.