4.831
Revenue$B
3.996
4.123
4.283
4.589
4.894
5.121
5.364
5.593
5.884
6.093
5.339
4.48%
4.69%
75
4.05
Revenue growth%
23.43
24.11
24.00
21.21
23.17
20.86
21.79
21.78
22.17
19.41
28.16
21.78
21.98
24
19.36
Gross margin%
28.62
30.34
29.80
31.68
33.46
32.32
29.37
29.80
32.68
32.25
21.62
32.25
31.01
67
27.66
Operating margin%
16.29
16.60
17.89
15.79
17.62
17.42
15.46
13.68
12.92
10.06
12.42
13.68
16.04
65
13.52
Net margin%
7.12
8.03
5.54
7.98
9.45
10.17
11.84
13.36
11.08
11.73
14.09
11.73
9.81
29
7.967
P/E ratio (avg)x
12.88
12.64
12.80
12.98
14.66
14.62
15.85
16.81
19.06
17.84
6.916
16.81
14.64
6
34.88
EV/EBITx
17.76
19.13
19.52
18.13
17.05
15.85
14.98
14.62
14.78
13.72
33.01
14.78
16.45
73
26.79
FCF yield (avg)%
0.79
0.40
3.25
1.66
0.40
1.65
0.71
0.40
1.14
0.40
29.52
0.71
0.75
43
29.14
FCF margin%
23.90
25.57
24.13
21.56
21.47
18.50
17.76
19.12
18.14
19.34
14.28
18.50
20.40
85
0.137
FCF / Net incomex
1.095
1.155
1.293
1.398
1.442
1.466
1.670
1.670
1.748
1.693
0.325
1.670
1.454
71
7.17
ROIC%
26.74
23.74
21.69
21.60
22.66
21.68
23.90
21.57
19.70
17.42
26.26
21.57
21.68
86
19.84
Return on equity%
5.37
4.66
2.00
3.12
3.84
5.32
3.03
1.31
2.23
1.69
24.18
2.23
3.08
33
23.26
Return on assets%
15.62
13.40
10.68
10.80
10.28
11.51
11.50
11.56
8.87
10.14
5.16
11.50
11.15
6
19.10
EPS$
27.28
25.92
23.20
23.90
25.94
25.58
23.93
25.20
25.56
27.66
20.21
1.30%
0.92%
—
29.10
EPS growth%
17.34
16.64
16.14
15.94
17.90
16.08
17.33
15.74
17.95
20.02
26.30
17.33
16.98
38
18.96
Bookvalue per sh$
11.17
11.17
12.09
14.38
16.18
15.58
15.55
17.34
16.54
19.15
11.41
3.42%
5.93%
—
41.28
FCF per share$
21.75
20.10
20.95
20.78
21.13
20.86
22.41
20.26
22.16
19.30
7.62
(1.80%)
(2.51%)
—
21.56
Dividend per sh$
15.62
17.33
17.23
15.55
16.24
16.00
16.85
15.97
16.57
16.40
28.50
0.20%
0.44%
—
13.43
Div yield (avg)%
29.14
29.89
31.08
32.54
33.04
32.92
30.22
32.63
34.39
35.99
14.48
32.92
32.59
22
19.82
Payout ratio%
16.51
16.69
17.84
16.14
16.50
14.52
12.21
11.21
11.61
9.08
10.13
11.61
15.33
11
95.82
Shares (diluted)M
105.3
117.9
120.2
120.6
120.3
133.5
137.9
154.4
161.8
149.3
94.57
4.41%
3.20%
20
21.53
Buyback yield%
3.53
6.06
8.52
7.72
7.77
6.79
4.08
4.00
3.12
4.63
22.85
4.08
5.35
39
1.057
D/E ratiox
1.556
1.832
2.090
2.370
2.655
3.037
3.533
3.952
4.344
5.027
1.293
3.952
2.846
67
1.682
Enterprise value$B
3.341
3.544
3.399
3.636
4.144
4.162
4.099
4.402
4.112
3.920
4.429
(1.10%)
2.28%
84
4.435
LT debt$B
0.596
0.652
0.693
0.690
0.782
0.762
0.790
0.846
0.867
0.923
2.694
3.38%
5.02%
79
Revenue
$6.093B
4.69%
1.00×
Cost of revenue
$3.192B
4.89%
1.02×
Operating expenses
$1.429B
4.13%
0.95×
Property and equipment
20.12%
Cash and investments
16.89%
Spread over hurdle
(4.04%)