McGraw-Hill Financial: Businesses that make up what will be the new McGraw-Hill Financial reported revenue of $1,117 million and adjusted segment operating profit of $402 million, an increase of 15% and 21%, respectively, compared to the same period a year ago. McGraw-Hill Financial will include the following lines of business:

Standard & Poor’s Ratings Services:  Quarterly revenue exceeded $500 million for the first time in 19 quarters, increasing 22% to $502 million. This growth was almost entirely organic as the impact from the acquisition of Coalition Development Ltd. in July 2012 was minimal. Operating profit, which includes Growth and Value Plan costs, increased 24%. Adjusted operating profit increased 28% to $217 million in the third quarter compared to a relatively weak quarter in 3Q 2011. The adjusted operating profit margin increased to 43% in the quarter.

S&P Capital IQ / S&P Indices: Revenue increased 13% to $393 million. Organic growth accounted for 2% and new revenue from the Dow Jones Indexes as well as the acquisitions of QuantHouse, R2 Financial Technologies, and Credit Market Analysis Limited accounted for the balance. Operating profit, which includes Growth and Value Plan costs, decreased 11%. Adjusted operating profit increased 5% to $119 million.

Commodities & Commercial Markets: Revenue increased 5% to $239 million. Operating profit, which includes Growth and Value Plan costs, increased 17%. Adjusted operating profit increased by 29% to $66 million in the third quarter, compared to the same period last year.

Platts continued its record performance resulting in 13% revenue growth at Commodities to $121 million for the period. Petroleum product subscriptions, global trading services, and Bentek Energy® all contributed to double-digit growth.  Commercial Markets’ revenue decreased 2% as gains at J.D. Power and Associates, which is on track to record its best year ever, were offset by modest declines in the rest of the segment.

McGraw-Hill Education: Revenue for the segment decreased 11% to $836 million. The growth in sales of digital products, which continues across all product lines, is impacting reported revenues.  This segment will be either sold or spun off in an IPO at the end of 2012.

Source: McGraw-Hill Press Release