Company Financials FAQ

ISS utilizes S&P’s Compustat database for calculating TSR values. The Total Return concepts are annualized rates of return reflecting price appreciation plus reinvestment of dividends (calculated monthly) and the compounding effect of dividends paid on reinvested dividends.

The Index TSR displayed is for a hypothetical investment in a broad-based market-capitalization-weighted Index.

• For companies in the S&P 500 Index, the Index TSR reported is that of the S&P 500.
• For all other US companies, the Index TSR reported is that of the Russell 3000.
• For Canadian companies, the Index TSR reported is that of the S&P/TSX Composite.
• For Global companies, the Index TSR reported is that of the MSCI ACWI Index.

The Sector TSR displayed is the median TSR for companies in the same 4-digit GICS group and Russell 3000 index membership — i.e., for a company included in the Russell 3000 index, sector peers will be drawn only from the Russell 3000 index and for a company outside the Russell 3000, sector peers will be drawn from outside the Russell 3000.

The Sector TSR for Canadian companies (both S&P/TSX Composite Index and non-S&P/TSX Composite Index companies) is the median TSR for TSX companies in the same 4-digit GICS group. The Sector TSR for Global companies (both MSCI ACWI companies and non-MSCI ACWI) is the median TSR for MSCI ACWI Index companies in the same 4-digit GICS group.

USA Index and Sector TSRs are reported as of the nearest calendar quarter end to the company’s FY end date, in order to align to ISS’ Pay for Performance policy. ISS’ quarterly performance list for Russell 3000 companies can be found here.

The company financials data displayed in the proxy reports is being provided via Compustat’s Xpressfeed product.

The company financials data will appear in proxy reports for all companies with sufficient data available from Compustat’s Xpressfeed.

The data that is being displayed in each of the tables (Stock Snapshot, Historical Financial Performance, and Comparative Performance) is for the company’s fiscal year-end. The data points displayed in the Stock Price Performance chart and the Revenue/Income Performance chart is based on the most recent month-end.

Compustat data is “standardized data” not “as reported” so there may be a difference from what is reported in the 10-K or 10-Q. Compustat standardizes the original filings to allow for accurate comparison across companies and industries.

Download the Company Financials document here.

If you would like additional details, please submit an inquiry to the ISS Help Center.

Please contact S&P at clientsupport@standardandpoors.com.

The five peers will be selected from the firms in the peer group derived for the ISS Pay for Performance methodology. Firms selected from this group will have the closest match based on a combination of industry and size as measured by revenue (or assets for financial firms).

GICS represents the global industry classification standard indices developed by Standard & Poor’s and Morgan Stanley Capital International. The GICS methodology assigns each company to a sub-industry, and to a corresponding industry, industry group and sector, according to the definition of its principal business activity. As a general rule, a company is classified in the sub-industry whose definition most closely describes the business activities that generate the majority of the company’s revenues.