1.478
Revenue€B
3.855
4.097
4.428
4.631
4.907
5.130
5.441
5.882
6.378
6.879
1.633
6.99%
6.68%
72
5.00
Revenue growth%
23.24
21.11
19.90
19.77
18.33
19.93
19.92
20.28
21.21
21.17
26.60
20.28
20.10
60
7.90
Combined R.%
78.64
79.07
78.80
79.29
79.55
77.10
78.77
79.15
78.56
78.93
15.53
78.77
78.86
11
12.05
Operating margin%
8.41
9.78
10.56
7.65
8.25
6.64
4.49
4.75
1.83
1.86
16.12
4.49
7.14
43
8.15
Net margin%
5.66
4.60
2.41
4.28
2.78
3.20
3.89
2.72
4.62
6.88
28.17
3.89
4.09
54
31.04
P/E ratio (avg)x
42.93
43.94
50.83
52.37
55.47
61.30
58.46
63.67
68.67
74.90
17.84
63.67
56.96
9
26.78
P/TBVx
37.40
40.31
37.77
33.11
31.54
30.59
28.02
27.48
29.83
27.05
10.61
28.02
31.07
43
35.43
P/Bx
26.37
25.19
25.86
30.10
30.32
30.59
31.67
36.20
41.46
44.43
33.38
36.20
30.46
16
24.94
Prem. grth%
20.61
18.69
21.13
21.35
18.48
19.54
19.94
17.89
16.37
15.26
17.20
17.89
19.11
44
9.64
Invest. yld%
23.48
23.99
22.19
19.65
17.06
15.04
16.64
15.52
14.42
12.05
24.89
15.04
16.85
78
19.39
BVPS grth%
10.96
9.25
7.35
6.40
5.07
6.53
4.71
6.07
7.53
7.86
19.07
6.53
6.94
42
3.82
Return on equity%
14.35
16.03
18.64
16.54
17.51
15.82
13.55
13.71
12.33
9.43
4.06
13.55
15.08
61
11.93
Return on assets%
17.03
18.42
15.58
13.81
14.11
13.94
14.18
14.99
13.80
16.16
18.83
14.18
14.59
18
17.64
EPS€
24.72
24.90
26.51
26.59
29.12
34.40
34.72
34.68
36.25
44.05
18.77
8.63%
7.97%
—
8.90
EPS growth%
30.65
27.65
29.99
31.67
34.03
31.61
30.47
31.24
30.23
30.92
4.61
30.92
30.78
82
16.56
Bookvalue per sh€
10.57
12.04
13.35
13.47
14.00
16.13
15.22
15.44
17.09
18.89
3.72
6.17%
6.13%
—
10.86
TBV/sh€
18.84
20.34
22.01
21.96
23.98
25.38
24.11
24.69
22.62
21.60
16.86
(2.06%)
2.64%
—
12.28
Dividend per sh€
5.07
4.78
4.25
3.73
3.76
3.49
3.72
3.33
3.33
3.32
6.64
(2.44%)
(4.69%)
—
20.16
Div yield (avg)%
4.64
2.13
2.69
0.40
2.78
0.58
1.15
2.90
3.12
1.98
25.75
1.98
2.41
6
3.86
Payout ratio%
18.64
19.40
16.93
19.50
20.54
22.38
19.66
22.08
20.31
20.26
5.80
20.31
19.96
22
205.4
Shares (diluted)M
260.8
287.5
298.1
305.6
336.3
382.7
397.8
417.4
497.5
487.8
199.7
7.72%
7.46%
71
24.64
Buyback yield%
10.13
12.75
14.02
13.07
14.83
13.57
12.28
11.11
12.25
13.47
3.49
12.28
12.91
66
1.199
D/E ratiox
0.553
0.573
0.667
0.734
0.719
0.758
0.842
0.884
0.928
1.049
1.410
0.884
0.746
41
0.638
Assets€B
8.242
8.850
9.877
10.70
12.09
12.68
13.66
15.18
16.54
18.42
0.376
8.78%
9.38%
30
1.472
LT debt€B
2.084
2.285
2.030
2.129
2.220
2.024
1.875
1.677
1.559
1.545
3.645
(7.00%)
(2.74%)
42
Revenue
€6.879B
6.68%
1.00×
Claims and benefits
€3.372B
6.51%
0.98×
Total costs
€5.055B
6.77%
1.01×
Spread over hurdle
11.16%