3.021
Revenue$B
2.736
2.861
3.040
3.128
3.304
3.459
3.597
3.733
3.842
4.098
3.333
4.40%
4.75%
53
28.39
Revenue growth%
5.14
6.97
8.08
9.13
10.91
11.59
9.61
9.24
8.47
8.18
16.16
9.24
8.80
33
21.22
Gross margin%
11.43
9.10
8.66
10.33
12.91
14.73
15.64
17.67
20.39
19.19
29.48
17.67
13.82
53
6.95
Operating margin%
9.05
8.02
9.32
9.26
7.21
7.34
8.45
7.45
4.94
2.86
28.47
7.34
7.74
20
4.20
Net margin%
19.13
19.13
21.60
23.09
23.83
23.47
22.97
23.68
23.63
24.20
21.52
23.63
23.28
42
15.91
P/E ratio (avg)x
29.94
28.51
32.50
33.89
37.87
41.27
46.10
48.72
48.40
48.83
18.21
48.40
39.57
65
21.09
EV/EBITx
13.82
14.84
14.51
13.57
14.90
17.18
19.20
18.17
19.86
19.00
37.78
19.00
16.04
26
15.05
FCF yield (avg)%
22.91
20.43
22.08
23.92
23.82
21.44
21.34
19.87
21.15
23.81
21.49
21.34
21.76
11
24.12
FCF margin%
19.40
20.44
23.01
25.42
24.36
23.87
24.62
22.91
23.12
24.55
15.64
23.87
23.50
77
0.824
FCF / Net incomex
0.470
0.488
0.499
0.507
0.440
0.430
0.457
0.428
0.367
0.344
0.398
0.428
0.449
86
23.19
ROIC%
10.16
9.64
10.72
13.58
14.14
14.03
13.71
12.30
13.77
12.37
23.07
13.71
12.97
30
28.40
Return on equity%
25.52
25.03
24.47
23.12
24.90
26.15
23.61
24.66
23.27
22.15
2.90
23.61
24.56
32
29.10
Return on assets%
2.38
0.72
2.22
4.45
4.29
6.66
3.80
3.32
4.92
4.03
7.17
4.03
3.91
68
11.57
EPS$
13.13
12.38
12.52
11.71
11.12
10.74
10.59
9.52
8.79
8.46
12.14
(5.31%)
(5.29%)
—
14.23
EPS growth%
33.29
32.98
32.19
33.38
33.52
31.62
30.75
29.91
32.42
30.31
19.37
30.75
32.30
82
8.74
Bookvalue per sh$
8.67
9.66
10.99
12.12
13.34
12.49
13.46
12.82
12.17
13.79
10.50
0.66%
6.32%
—
8.86
FCF per share$
11.99
13.32
12.93
12.77
14.23
13.71
15.26
13.38
14.00
12.88
11.94
(1.97%)
1.23%
—
5.91
Dividend per sh$
6.83
6.78
7.16
6.89
7.29
6.84
6.37
6.19
6.75
7.71
10.00
1.11%
2.15%
—
9.89
Div yield (avg)%
19.83
17.50
19.64
20.82
20.12
20.04
19.70
18.67
17.31
15.06
23.45
18.67
19.67
84
2.65
Payout ratio%
2.68
5.43
7.46
9.43
7.27
10.15
12.03
11.19
8.94
7.58
19.02
10.15
8.26
36
183.5
Shares (diluted)M
221.3
241.3
234.1
211.4
221.7
249.6
255.9
267.3
304.4
299.7
181.3
6.22%
2.16%
85
23.71
Buyback yield%
1.36
0.40
0.40
2.12
0.98
0.66
2.33
1.12
0.40
1.27
12.38
1.12
1.05
45
0.935
D/E ratiox
2.470
2.611
2.741
2.841
3.178
3.368
3.680
4.257
4.453
4.817
0.969
4.257
3.273
57
1.450
Enterprise value$B
4.997
5.337
5.116
4.774
5.124
5.539
5.795
5.852
6.533
7.295
3.579
7.32%
4.11%
53
1.006
LT debt$B
5.222
5.496
6.083
6.589
7.391
8.038
7.844
7.699
9.210
10.19
0.294
6.64%
8.64%
44
Revenue
$4.098B
4.75%
1.00×
Cost of revenue
$2.792B
4.76%
1.00×
Operating expenses
$903.4M
5.18%
1.04×
Cash and investments
16.70%
Spread over hurdle
(29.56%)