Today we announce the winner of the “Information Services” category:
Information Services: Doug Peterson, President and CEO, S&P Global Inc. (ticker: SPGI).
SPGI shares have performed well but the primary reason why we choose SPGI CEO Doug Peterson over Gartner (ticker: IT), CEO Gene Hall or MSCI (ticker: MSCI), CEO Henry Fernandez was Peterson’s pursuit of the highly strategic IHS Markit (ticker: INFO), acquisition. We are long-time fans of INFO’s Energy and Defense info services businesses as well as its capital markets info services assets. The IHS deal was not an easy deal to execute given that the FTC is in the business of making life difficult for strategic acquirers. SPGI finally received antitrust approval for the acquisition in November of this year and the deal is expected to close in Q1 2022.
YTD year-over-year Revenue Growth: 11%
YTD year-over-year Operating Cash Flow Growth: 10%
YTD Total Stock Return: 43%