1,003
Revenue$B
711.4
764.5
821.5
881.5
934.0
983.0
1,049
1,116
1,159
1,244
1,073
5.89%
6.50%
77
11.53
Revenue growth%
11.24
10.63
9.40
11.35
9.10
9.65
8.21
7.67
4.69
4.80
5.44
7.67
9.25
86
7.67
Gross margin%
20.72
20.65
22.74
23.31
20.35
18.74
18.66
16.61
18.27
15.93
10.69
18.27
19.54
61
13.62
Operating margin%
20.28
21.96
23.72
21.38
23.45
25.54
23.51
21.76
22.18
23.62
15.64
23.51
22.81
23
11.86
Net margin%
32.65
33.81
34.19
32.21
34.79
32.02
30.92
29.06
26.12
27.58
24.69
29.06
32.11
49
14.33
P/E ratio (avg)x
16.69
18.93
19.56
22.53
23.19
23.78
28.12
26.75
31.41
32.79
29.18
28.12
23.49
86
33.53
EV/EBITx
9.543
10.47
10.06
11.37
11.44
12.64
14.18
14.98
16.66
17.01
28.06
14.98
12.04
86
9.88
FCF yield (avg)%
24.13
21.86
20.40
20.54
18.11
17.95
17.91
16.93
19.10
21.27
22.19
17.95
19.75
87
10.13
FCF margin%
1.71
0.40
0.40
0.40
0.40
0.40
2.27
1.37
4.04
1.16
29.80
1.37
0.78
25
0.689
FCF / Net incomex
1.992
2.083
2.401
2.644
3.082
3.528
3.711
4.318
5.135
5.907
1.474
4.318
3.305
23
10.17
ROIC%
14.89
15.55
15.90
17.08
19.63
19.25
17.30
14.88
13.40
13.29
25.63
14.88
15.73
50
5.89
Return on equity%
30.08
32.26
32.11
31.04
31.37
30.74
32.32
30.02
30.40
29.84
5.37
30.40
30.89
6
14.35
Return on assets%
5.38
6.77
3.82
2.75
0.40
1.44
0.93
0.40
0.40
0.72
10.63
0.72
1.18
65
254.86
EPS$
403.91
420.72
457.97
510.46
546.37
610.95
645.68
679.03
637.80
639.35
274.68
3.19%
5.83%
—
27.39
EPS growth%
27.39
28.96
27.62
27.25
29.79
26.98
24.82
21.83
20.16
17.90
27.62
21.83
27.11
58
123.83
Bookvalue per sh$
69.67
69.17
63.44
59.76
52.47
51.42
47.54
44.70
42.53
44.86
174.70
(3.09%)
(4.49%)
—
194.85
FCF per share$
254.04
225.90
241.90
240.25
246.63
228.51
236.59
257.67
247.35
243.06
172.66
(0.29%)
(0.16%)
—
220.07
Dividend per sh$
204.22
205.93
211.65
217.43
207.71
217.36
241.88
221.74
249.93
267.93
276.50
5.22%
3.25%
—
28.84
Div yield (avg)%
5.18
7.41
5.75
4.28
5.57
7.77
6.68
6.86
7.40
7.65
20.71
7.40
6.77
28
17.31
Payout ratio%
25.73
27.27
27.43
28.55
26.15
27.23
27.24
24.60
22.09
20.22
3.55
24.60
26.69
21
2.747
Shares (diluted)B
3.922
4.168
4.184
4.593
4.807
4.662
4.444
4.531
5.239
5.878
2.803
4.11%
5.72%
77
14.05
Buyback yield%
33.29
32.43
31.87
30.19
30.52
31.31
32.73
33.30
34.89
35.73
22.00
33.30
32.58
58
1.210
D/E ratiox
0.701
0.664
0.646
0.594
0.574
0.586
0.644
0.664
0.685
0.653
1.134
0.653
0.650
72
369.7
Enterprise value$B
359.6
411.0
408.4
397.4
399.9
432.2
461.2
435.6
438.1
422.4
805.2
1.10%
2.08%
29
734.4
LT debt$B
1,036
1,100
1,110
1,113
1,256
1,407
1,423
1,350
1,588
1,508
96.16
3.73%
5.30%
58
Revenue
$1.244T
6.50%
1.00×
Cost of revenue
$795.3B
6.27%
0.98×
Operating expenses
$197.6B
6.70%
1.02×
Cash and investments
18.22%
Goodwill & intangibles
14.85%
Spread over hurdle
49.15%