1.902
Revenue$B
2.333
2.375
2.390
2.401
2.424
2.476
2.501
2.557
2.569
2.577
2.063
1.23%
0.82%
55
26.61
Revenue growth%
25.12
24.49
25.92
28.59
28.71
27.31
28.42
31.20
28.54
26.27
22.16
28.42
27.87
66
11.62
Gross margin%
14.11
13.08
12.02
12.79
14.21
12.73
14.63
14.33
15.50
18.41
5.17
14.63
14.16
11
19.39
Operating margin%
26.92
29.77
30.59
27.65
25.85
25.06
25.05
23.21
25.47
24.65
24.02
25.05
25.66
9
22.54
Net margin%
13.73
14.25
14.75
12.95
11.32
11.58
13.92
16.40
17.30
14.60
2.44
14.60
14.09
39
21.64
P/E ratio (avg)x
21.56
18.75
19.82
17.74
16.10
15.03
16.50
15.04
16.62
15.72
22.51
15.72
16.56
9
17.28
EV/EBITx
11.90
11.60
12.75
12.37
13.80
12.98
12.27
14.14
14.30
14.02
14.48
14.02
12.86
74
24.83
FCF yield (avg)%
24.87
24.36
25.67
26.05
25.21
25.30
23.09
20.85
22.99
24.37
13.78
23.09
24.62
47
11.91
FCF margin%
27.97
29.44
27.86
30.63
29.05
27.25
27.98
25.11
23.81
22.72
26.51
25.11
27.92
67
0.382
FCF / Net incomex
0.354
0.369
0.335
0.323
0.357
0.345
0.356
0.383
0.422
0.397
0.964
0.383
0.357
90
11.47
ROIC%
30.39
30.00
31.07
33.87
35.25
33.04
33.80
32.45
30.10
29.26
29.15
32.45
31.76
69
14.21
Return on equity%
29.71
30.42
31.98
33.18
32.71
34.19
36.08
35.81
33.32
31.05
8.22
34.19
32.94
90
19.89
Return on assets%
7.37
5.94
4.46
3.33
5.44
3.15
3.85
6.66
5.75
8.55
28.94
5.75
5.60
83
1.96
EPS$
2.67
2.76
2.60
2.75
2.68
2.66
2.81
2.63
2.99
3.38
2.03
4.78%
3.51%
—
4.80
EPS growth%
8.53
10.67
12.85
15.82
15.96
16.57
16.24
17.31
16.95
14.51
5.71
16.57
15.89
25
1.60
Bookvalue per sh$
1.66
1.67
1.66
1.65
1.53
1.60
1.77
1.93
1.75
1.70
1.99
2.18%
0.87%
—
1.69
FCF per share$
3.84
4.18
3.97
3.92
3.82
4.06
4.35
4.56
4.72
5.34
1.91
6.91%
4.27%
—
0.86
Dividend per sh$
2.37
2.41
2.28
2.33
2.12
1.84
1.81
1.89
1.78
1.65
2.14
(4.81%)
(4.64%)
—
5.19
Div yield (avg)%
10.88
11.77
12.33
12.62
10.34
11.76
12.66
10.94
9.22
8.77
28.01
10.94
11.35
55
7.67
Payout ratio%
19.33
21.33
21.99
21.97
22.33
25.22
25.97
25.84
23.20
25.51
9.10
25.51
22.77
49
373.5
Shares (diluted)M
340.7
371.8
337.8
339.8
353.7
342.5
371.4
390.7
385.1
366.3
371.0
0.70%
0.04%
26
27.82
Buyback yield%
16.37
15.22
17.20
15.89
14.37
14.30
15.21
18.17
16.34
15.74
23.15
15.74
15.82
21
1.423
D/E ratiox
0.259
0.249
0.236
0.260
0.270
0.264
0.290
0.288
0.293
0.314
0.772
0.290
0.267
33
1.317
Enterprise value$B
3.014
2.901
3.015
2.873
2.698
3.122
3.190
3.237
3.224
3.565
0.635
5.73%
2.56%
87
2,015
LT debt$M
325.2
344.0
360.4
410.1
414.5
449.8
493.1
502.6
486.7
468.5
101.9
2.48%
3.17%
83
Revenue
$2.577B
0.82%
1.00×
Cost of revenue
$1.536B
0.82%
1.00×
Operating expenses
$475.8M
0.87%
1.01×
Property and equipment
17.99%
Goodwill & intangibles
15.35%
Spread over hurdle
(0.60%)