4.052
Revenue$B
3.450
3.752
3.965
4.239
4.518
4.811
5.266
5.587
5.938
6.424
4.253
7.29%
7.35%
7
19.29
Revenue growth%
6.48
3.92
2.39
1.43
0.40
0.40
2.41
4.92
5.00
6.79
13.94
4.92
3.17
8
2.44
Gross margin%
9.01
11.14
10.56
12.98
13.53
13.21
11.46
13.34
11.32
10.33
20.53
11.46
11.39
89
28.14
Operating margin%
27.39
28.72
28.41
31.01
32.85
35.08
35.57
34.81
32.94
32.02
16.13
34.81
32.43
33
8.27
Net margin%
30.27
29.62
29.68
31.02
31.20
28.80
29.33
28.35
27.03
24.25
10.24
28.35
29.48
93
32.63
P/E ratio (avg)x
23.66
26.13
23.75
22.66
20.65
18.69
16.56
17.96
17.98
16.24
19.17
17.96
19.67
74
13.67
EV/EBITx
28.24
27.49
28.47
32.00
35.46
36.42
32.44
29.83
31.72
32.31
15.39
32.31
31.86
51
9.31
FCF yield (avg)%
7.33
4.84
7.52
10.16
11.19
12.62
11.98
10.75
12.01
12.44
23.41
12.01
10.97
19
5.49
FCF margin%
12.02
11.68
10.28
12.31
14.44
16.40
17.32
16.97
18.26
18.63
15.89
17.32
15.42
9
0.277
FCF / Net incomex
0.969
1.085
1.212
1.137
1.324
1.265
1.206
1.382
1.467
1.526
0.129
1.382
1.238
27
14.20
ROIC%
23.89
25.72
24.03
23.61
25.02
24.69
23.29
23.45
25.15
25.83
18.99
24.69
24.36
65
6.83
Return on equity%
5.31
6.33
5.06
7.36
10.25
12.26
10.32
7.77
10.38
8.68
23.79
10.32
8.22
20
5.50
Return on assets%
8.67
8.84
9.34
6.50
5.05
8.04
5.41
7.30
4.70
3.66
21.32
5.41
6.90
50
13.10
EPS$
59.75
65.47
65.98
65.23
64.45
66.98
64.28
68.95
65.20
63.55
13.72
(0.28%)
1.20%
—
6.61
EPS growth%
4.80
5.63
3.30
1.27
0.40
0.94
0.40
0.50
0.40
0.57
16.02
0.50
0.76
13
14.55
Bookvalue per sh$
71.66
80.07
89.51
87.43
102.55
117.84
129.15
126.45
132.62
139.30
60.09
6.32%
7.53%
—
14.24
FCF per share$
69.77
76.14
72.87
78.68
86.90
96.27
114.53
111.96
130.40
126.39
42.18
7.78%
7.30%
—
28.59
Dividend per sh$
63.17
68.46
70.70
64.08
64.09
61.34
64.37
62.96
59.11
56.59
57.21
(2.46%)
(0.46%)
—
23.83
Div yield (avg)%
8.64
10.52
10.31
8.87
10.40
8.65
6.84
7.43
4.70
3.98
22.66
6.84
8.65
77
23.42
Payout ratio%
19.98
22.36
23.22
23.46
22.90
25.08
26.19
28.17
28.59
28.27
11.93
28.17
24.27
24
119.7
Shares (diluted)M
109.7
105.8
92.95
81.44
70.92
68.27
73.25
78.62
67.36
59.99
123.2
(3.29%)
(6.19%)
6
10.05
Buyback yield%
16.16
14.31
13.10
11.77
11.70
13.15
12.23
13.80
11.47
14.29
27.52
13.15
13.13
47
0.784
D/E ratiox
1.459
1.418
1.335
1.342
1.304
1.290
1.127
1.042
0.967
0.954
0.410
1.042
1.297
61
5.846
Enterprise value$B
4.767
4.840
5.091
5.418
5.253
4.895
4.599
4.035
4.121
4.143
0.390
(4.64%)
(2.46%)
46
1.197
LT debt$B
5.583
5.586
5.931
6.114
5.618
5.561
6.128
6.412
6.991
6.828
2.227
3.98%
1.71%
46
Revenue
$6.424B
7.35%
1.00×
Cost of revenue
$3.085B
7.51%
1.01×
Operating expenses
$1.206B
7.68%
1.03×
Goodwill & intangibles
17.55%
Property and equipment
16.36%
Cash and investments
15.29%
Spread over hurdle
(20.60%)