1.978
Revenue€B
1.176
1.236
1.310
1.416
1.538
1.673
1.821
1.946
2.048
2.171
2.077
7.14%
6.94%
27
16.86
Revenue growth%
23.85
21.23
23.41
22.66
23.53
24.64
25.06
26.29
24.67
25.79
26.26
25.06
24.24
8
5.35
Gross margin%
29.05
27.60
26.20
27.29
27.36
28.03
25.40
23.88
23.46
22.58
3.26
23.88
26.75
72
19.22
Operating margin%
23.09
24.41
22.86
22.11
21.89
24.39
24.43
22.49
24.31
24.26
21.47
24.31
23.68
69
5.07
Net margin%
3.04
1.54
4.22
4.90
4.23
1.31
1.57
1.22
2.59
2.86
7.56
1.57
2.72
31
15.77
P/E ratio (avg)x
6.597
6.090
6.321
7.055
7.537
7.514
7.039
6.759
7.603
7.607
18.50
7.514
7.047
45
28.52
EV/EBITx
13.91
12.91
11.45
11.88
12.19
11.51
11.09
9.876
8.563
7.905
26.80
9.876
11.48
42
6.06
FCF yield (avg)%
16.24
18.66
18.21
16.56
19.44
18.85
18.12
19.56
18.95
15.96
26.32
18.85
18.44
70
6.60
FCF margin%
11.88
9.66
8.33
6.78
5.32
2.88
0.74
1.26
0.40
0.40
3.52
0.74
4.10
82
0.235
FCF / Net incomex
0.458
0.504
0.534
0.490
0.466
0.464
0.444
0.427
0.442
0.460
0.955
0.444
0.462
74
16.00
ROIC%
27.00
27.96
25.32
22.37
22.64
23.13
24.29
24.55
24.03
26.61
10.70
24.29
24.42
66
10.87
Return on equity%
27.91
26.69
25.45
26.55
28.33
30.47
28.75
30.63
29.06
27.38
3.34
29.06
28.12
53
27.73
Return on assets%
11.16
11.66
9.80
7.24
7.80
7.06
9.98
12.68
11.07
13.09
11.91
11.07
10.53
90
3.92
EPS€
6.30
6.77
7.25
6.90
6.88
6.38
6.15
5.76
5.35
5.43
4.08
(4.64%)
(2.79%)
—
10.98
EPS growth%
9.10
7.30
10.04
9.98
7.70
8.26
9.75
6.85
6.15
7.12
23.77
7.12
7.98
82
5.30
Bookvalue per sh€
1.92
1.74
1.85
2.08
2.16
2.37
2.24
2.16
2.20
2.13
7.66
(0.30%)
1.24%
—
3.28
FCF per share€
3.70
3.77
4.10
4.71
5.10
6.17
7.25
7.45
7.39
7.78
2.99
8.82%
9.36%
—
3.56
Dividend per sh€
4.35
4.23
3.80
3.50
3.20
2.89
2.56
2.63
2.51
2.53
2.23
(4.57%)
(5.47%)
—
27.57
Div yield (avg)%
14.01
13.26
10.29
8.06
8.22
7.55
6.25
7.08
6.07
8.41
13.84
7.08
8.14
91
6.13
Payout ratio%
13.60
14.50
15.89
16.48
17.10
16.40
16.16
14.72
15.37
17.86
26.60
16.16
16.03
72
175.0
Shares (diluted)M
298.1
297.6
349.3
379.2
365.2
410.8
408.9
488.7
550.3
617.1
176.0
11.07%
8.32%
20
4.01
Buyback yield%
1.92
3.55
2.63
5.38
5.60
3.72
3.71
1.11
0.40
2.63
21.36
2.63
3.09
61
0.164
D/E ratiox
2.390
2.744
2.811
2.648
2.785
2.827
3.040
3.180
3.394
3.293
1.520
3.180
2.819
31
1.918
Enterprise value€B
1.437
1.526
1.586
1.859
1.972
2.021
2.143
2.090
2.200
2.508
0.722
4.93%
6.05%
73
1.591
LT debt€B
2.606
2.783
2.719
2.861
2.910
2.934
2.783
2.501
2.605
2.866
0.680
(0.30%)
0.77%
29
Revenue
€2.171B
6.94%
1.00×
Cost of revenue
€1.505B
7.23%
1.03×
Operating expenses
€363.6M
5.85%
0.90×
Property and equipment
17.87%
Cash and investments
17.64%