Creating value in all directions
2022 Letter to Shareholders
From our Chair & CEO
“Our exceptional performance in fiscal 2022 is a testament to our ability to create enduring 360° value for all our stakeholders: clients, people, shareholders, partners and communities.”
Our financial results
Revenues
$61.6B
A record increase of 26% in local currency and 22% in U.S. dollars from fiscal 2021
New bookings
$71.7B
Record bookings, an increase of 25% in local currency and 21% in U.S. dollars
Diluted earnings per share
$10.71
A 22% increase on an adjusted basis after adjusting fiscal 2021 GAAP EPS to exclude gains on an investment of $0.36 per share
Operating margin
15.2%
An expansion of 10 basis points from fiscal 2021
Free cash flow
$8.8B
Defined as operating cash flow of $9.5 billion net of property and equipment additions of $718 million
Cash returned to shareholders
$6.6B
Defined as cash dividends of $2.5 billion plus share repurchases of $4.1 billion
Other highlights
$3.4B
Deployed across 38 acquisitions that are well-balanced across markets, services and strategic priorities
$1.1B
Invested in R&D in our assets, platforms, and industry and functional solutions
$1.1B
Invested in training and development of our people
157,000
We celebrated our 157,000 promotions and added nearly 100,000 people to our global workforce
47%
We are now 47% women, on track to achieve our goal of 50% by 2025
40M
Training hours, an increase of 27% over fiscal 2021
15
Consecutive years as one of World's Most Ethical Companies by Ethisphere
28%
Improved brand value in BrandZ's 100 Most Valuable Global Brands
No. 1
On the Refinitiv Diversity & Inclusion Index