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2023 Annual Report

Year-End Share Price

Created with Highcharts 8.0.0$273.05$273.05$328.73$328.73$471.93$471.93$334.94$334.94$440.52$440.52
'19'20'21'22'23

Dividends per Share

Created with Highcharts 8.0.0$2.28$2.28$2.68$2.68$3.08$3.08$3.32$3.32$3.60$3.60
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Revenue/Non-GAAP Pro Forma Adjusted Revenue (in millions)

Created with Highcharts 8.0.0$6,699$6,699$7,442$7,442$12,382*$12,382*$11,842*$11,842*$12,497$12,497
'19'20'21'22'23

Cumulative Total Shareholder Return(c)

Created with Highcharts 8.0.0$271$271$204$204$207$207SPGIPeer Group (d)S&P 500'18'19'20'21'22'23
$50$100$150$200$250$300

(*) Refer to “Reconciliation of Non-GAAP Financial Information” on pages 10-11(opens in a new tab) of this report for a discussion of the Company’s non-GAAP financial measures.

  1. Dividends paid were $0.90 per share per quarter in 2023. Dividends paid were $0.77 per share in the first quarter of 2022 and increased to $0.85 per share beginning in the second quarter of 2022.
  2. Includes purchases of property and equipment and additions to technology projects.
  3. Assumes $100 invested on December 31, 2018 and total return includes reinvestment of dividends through December 31, 2023.
  4. The peer group consists of the following companies: Moody’s Corporation, CME Group Inc., MSCI Inc., FactSet Research Systems Inc., Verisk Analytics, Inc., and Intercontinental Exchange, Inc.

2023 Annual Report

Proxy Statement

2023 Financial Performance