1.650
Revenue$B
2.536
2.571
2.713
2.871
2.956
3.081
3.224
3.379
3.587
3.769
1.707
4.98%
4.25%
95
10.89
Revenue growth%
20.72
19.04
16.86
16.20
13.63
13.81
13.73
13.25
13.45
12.13
4.86
13.45
13.77
90
23.36
Gross margin%
30.00
32.75
34.89
34.56
34.66
32.09
29.94
27.73
29.39
31.45
14.93
29.94
31.77
38
28.45
Operating margin%
7.08
8.48
5.78
4.74
4.88
6.21
4.66
6.73
9.67
11.65
20.17
6.73
6.47
92
19.18
Net margin%
22.92
25.18
22.63
19.76
18.29
19.27
20.80
20.76
23.37
25.55
18.98
20.80
21.71
12
18.43
P/E ratio (avg)x
29.42
29.88
30.97
31.71
34.54
39.60
44.36
51.33
62.07
68.69
15.36
51.33
37.07
52
34.89
EV/EBITx
19.16
19.88
20.44
20.87
19.52
21.12
19.17
17.00
15.80
13.80
8.004
17.00
19.34
89
24.36
FCF yield (avg)%
2.44
0.82
2.56
4.49
5.57
8.46
10.40
12.66
14.64
12.74
26.11
12.66
7.01
12
20.67
FCF margin%
14.64
15.56
14.77
12.51
12.75
10.78
12.29
13.98
15.43
15.53
7.68
13.98
14.31
28
0.474
FCF / Net incomex
1.458
1.467
1.637
1.685
1.667
1.680
1.688
1.852
1.985
1.940
0.595
1.852
1.682
69
19.12
ROIC%
33.23
34.53
36.87
39.31
36.89
34.45
33.33
33.45
31.55
32.23
7.49
33.33
33.95
10
16.81
Return on equity%
21.50
21.13
18.95
17.09
16.02
13.48
11.16
10.87
10.18
11.23
5.39
11.16
14.75
55
12.57
Return on assets%
7.75
8.50
8.76
6.67
7.41
6.44
3.69
1.39
0.40
3.32
29.65
3.32
6.56
56
64.57
EPS$
75.05
73.20
73.98
73.21
87.82
95.79
96.96
96.46
101.35
115.57
69.73
5.64%
4.50%
—
26.77
EPS growth%
7.77
9.61
12.21
11.96
12.37
10.48
12.56
14.12
12.03
9.06
7.02
12.03
11.99
51
29.58
Bookvalue per sh$
42.34
42.16
47.22
48.92
46.62
50.90
52.16
56.81
50.53
54.27
23.95
3.09%
3.11%
—
25.58
FCF per share$
123.90
145.70
167.68
195.51
211.06
253.73
256.63
302.14
360.24
389.94
16.35
13.06%
14.19%
—
42.81
Dividend per sh$
61.83
61.66
61.20
55.04
55.48
49.50
43.68
37.65
40.34
37.18
12.05
(7.69%)
(4.23%)
—
24.63
Div yield (avg)%
16.90
19.58
19.89
21.33
23.93
25.69
26.01
25.10
27.03
27.30
26.53
26.01
24.51
8
28.21
Payout ratio%
16.13
15.25
16.80
17.49
15.85
18.67
17.10
17.21
15.09
12.86
24.28
17.10
16.47
77
21.92
Shares (diluted)M
32.47
35.81
35.54
40.08
40.49
46.21
55.28
57.50
61.06
66.08
21.39
10.29%
9.12%
10
14.50
Buyback yield%
24.41
26.71
29.19
28.55
27.06
29.96
31.80
33.68
34.68
36.31
4.48
33.68
29.58
39
1.439
D/E ratiox
0.599
0.700
0.678
0.707
0.689
0.680
0.751
0.720
0.734
0.729
0.883
0.729
0.703
29
3.059
Enterprise value$B
0.176
0.171
0.193
0.206
0.215
0.227
0.232
0.233
0.219
0.214
2.665
(0.08%)
1.44%
7
0.752
LT debt$B
2.476
2.861
2.771
2.856
3.270
3.504
3.942
4.049
3.920
4.420
2.768
6.21%
6.10%
71
Revenue
$3.769B
4.25%
1.00×
Cost of revenue
$2.064B
4.40%
1.01×
Operating expenses
$773.9M
3.89%
0.97×
Spread over hurdle
(11.79%)