1.855
Revenue€B
1.676
1.770
1.848
1.873
1.954
2.051
2.130
2.252
2.380
2.443
2.010
4.57%
4.05%
32
4.85
Revenue growth%
10.84
11.64
9.31
7.65
5.53
7.57
6.74
3.83
2.51
4.91
2.86
4.91
7.16
28
13.25
Gross margin%
19.63
22.15
22.20
21.71
22.01
20.63
21.71
24.15
25.80
24.01
22.79
24.01
22.08
53
7.73
Operating margin%
23.75
24.77
24.41
24.49
23.69
21.15
23.43
25.36
26.40
28.00
26.96
25.36
24.45
22
11.64
Net margin%
28.58
31.06
30.33
28.25
30.12
30.06
28.79
27.13
26.51
24.42
7.43
27.13
28.69
15
11.32
P/E ratio (avg)x
17.58
16.48
13.94
12.06
10.91
9.413
10.21
9.401
8.259
8.708
32.17
9.401
10.56
39
19.90
EV/EBITx
18.67
18.40
16.54
17.84
17.34
16.57
17.53
16.91
15.09
15.75
8.438
16.57
17.12
79
9.12
FCF yield (avg)%
18.14
16.38
15.61
17.45
17.37
14.40
13.84
16.53
17.24
14.33
24.37
14.40
16.46
91
21.79
FCF margin%
30.46
32.70
31.75
32.70
34.65
36.77
36.89
37.92
37.69
40.18
16.51
37.69
35.71
11
1.006
FCF / Net incomex
1.235
1.384
1.490
1.538
1.518
1.534
1.713
1.648
1.673
1.884
1.542
1.673
1.536
76
4.39
ROIC%
16.96
18.96
18.55
20.05
18.23
18.76
20.67
23.48
25.19
22.55
7.23
22.55
19.50
74
9.85
Return on equity%
22.95
24.25
26.22
29.13
27.30
26.74
24.87
22.04
22.76
20.34
22.70
22.76
24.56
74
24.17
Return on assets%
18.81
18.04
16.76
19.46
20.21
19.52
17.01
16.90
15.04
13.09
3.93
16.90
17.52
21
1.03
EPS€
1.70
1.70
1.64
1.85
1.88
2.01
1.87
2.11
2.28
2.19
1.06
3.11%
3.28%
—
23.38
EPS growth%
24.21
23.56
21.13
20.17
21.15
23.29
21.12
23.84
24.74
26.17
22.54
23.84
23.43
73
2.85
Bookvalue per sh€
6.21
6.73
7.47
7.24
6.99
6.90
7.51
7.35
6.73
7.52
4.14
1.47%
2.90%
—
1.72
FCF per share€
3.15
3.24
3.49
3.99
4.47
4.34
4.27
4.82
4.80
5.00
4.31
2.25%
5.20%
—
2.06
Dividend per sh€
5.15
5.86
6.00
6.16
6.56
7.11
7.64
7.59
7.48
7.37
4.86
2.35%
4.45%
—
14.05
Div yield (avg)%
20.62
23.49
22.03
24.80
27.69
25.13
24.72
25.64
24.79
22.52
8.45
24.79
24.76
40
24.70
Payout ratio%
10.99
11.71
9.15
11.11
9.52
9.00
8.79
11.18
8.90
6.62
2.92
8.90
9.33
16
150.6
Shares (diluted)M
146.2
150.6
157.3
166.4
151.4
154.2
150.5
144.1
132.7
136.9
144.9
(1.99%)
(1.42%)
36
22.10
Buyback yield%
30.82
30.28
31.98
32.64
35.46
37.33
39.18
37.54
35.00
35.10
23.48
37.33
35.05
58
0.688
D/E ratiox
0.184
0.196
0.209
0.191
0.207
0.216
0.242
0.256
0.261
0.241
1.533
0.242
0.212
12
1.155
Enterprise value€B
1.531
1.587
1.685
1.631
1.571
1.615
1.525
1.541
1.431
1.327
1.541
(3.32%)
(0.73%)
22
1.939
LT debt€B
0.658
0.681
0.641
0.679
0.704
0.713
0.673
0.720
0.622
0.570
1.423
(4.14%)
(1.93%)
9
Revenue
€2.443B
4.05%
1.00×
Cost of revenue
€1.580B
4.08%
1.00×
Operating expenses
€308.0M
3.74%
0.97×
Goodwill & intangibles
17.29%
Return on capital
226.27%
Spread over hurdle
216.86%