6.088
Revenue$B
3.508
3.812
4.191
4.634
5.108
5.605
5.965
6.417
6.909
7.653
6.784
8.42%
9.23%
62
24.97
Revenue growth%
25.39
26.50
26.26
24.62
24.53
23.74
26.02
28.75
27.23
27.57
26.99
27.23
26.14
33
25.31
Gross margin%
10.69
10.66
11.56
10.43
9.07
6.17
4.46
6.25
3.92
6.90
9.96
6.17
7.98
73
28.42
Operating margin%
14.65
15.44
14.68
15.80
16.71
14.84
14.86
16.23
16.56
15.86
29.92
15.86
15.62
21
29.56
Net margin%
19.84
21.60
23.76
23.70
24.73
27.20
24.62
21.78
20.51
21.94
24.13
21.94
22.82
63
8.647
P/E ratio (avg)x
28.91
28.82
28.93
28.60
32.67
32.94
36.27
33.44
33.08
33.46
37.00
33.44
32.81
77
36.06
EV/EBITx
15.11
15.55
16.44
14.64
12.52
13.07
11.21
11.97
12.02
12.01
37.58
12.01
12.80
28
12.96
FCF yield (avg)%
29.09
30.78
32.91
34.25
32.44
33.04
34.57
31.85
30.79
32.41
2.12
32.41
32.42
54
20.19
FCF margin%
22.24
20.18
22.70
22.12
19.64
19.31
16.66
18.50
17.74
16.33
26.70
17.74
19.48
29
1.306
FCF / Net incomex
0.972
0.898
0.920
1.012
0.992
0.970
0.935
0.868
0.818
0.826
1.598
0.868
0.927
39
7.39
ROIC%
21.60
20.64
20.69
19.03
19.72
16.91
18.97
17.35
15.12
15.11
25.21
16.91
19.00
9
25.19
Return on equity%
20.92
18.50
16.85
18.98
20.88
22.92
20.76
20.86
22.05
20.99
17.09
20.99
20.87
69
9.18
Return on assets%
15.88
16.91
15.45
12.66
10.70
12.55
12.79
11.44
12.55
13.61
6.09
12.55
12.73
23
9.47
EPS$
16.91
18.14
16.81
16.07
16.31
16.61
17.34
15.74
13.84
14.30
9.83
(2.60%)
(0.89%)
—
28.63
EPS growth%
27.04
29.86
31.87
32.72
34.48
36.72
34.39
31.75
31.76
34.74
28.43
34.39
32.30
48
6.02
Bookvalue per sh$
7.57
7.48
7.63
7.71
8.61
8.16
7.46
7.06
7.77
6.96
11.47
(4.18%)
(0.39%)
—
7.22
FCF per share$
11.47
13.05
12.15
13.97
13.51
14.86
17.06
17.28
16.54
17.48
3.12
5.28%
5.80%
—
9.62
Dividend per sh$
10.07
10.60
9.76
8.35
7.20
7.14
6.85
6.49
5.92
5.20
10.97
(6.31%)
(6.55%)
—
22.03
Div yield (avg)%
7.31
4.66
5.62
6.76
6.70
4.49
2.78
1.16
2.04
1.73
12.18
2.04
4.57
56
19.60
Payout ratio%
8.86
6.05
6.51
8.60
10.76
8.68
6.00
4.45
6.80
6.80
4.26
6.80
6.80
10
286.6
Shares (diluted)M
336.0
337.6
378.8
413.2
426.3
389.3
377.2
388.2
433.2
450.7
278.9
1.12%
2.54%
72
27.60
Buyback yield%
12.12
12.96
13.05
12.47
13.62
13.50
15.09
15.75
13.05
15.61
4.22
15.09
13.27
45
0.563
D/E ratiox
0.196
0.197
0.192
0.188
0.215
0.250
0.279
0.298
0.295
0.325
1.459
0.295
0.233
34
5.624
Enterprise value$B
7.935
8.569
9.394
9.240
9.940
10.35
10.11
9.418
9.674
10.67
4.985
1.43%
3.05%
18
2.856
LT debt$B
5.510
4.935
4.960
4.712
4.433
4.326
4.659
4.904
4.813
4.594
4.639
0.72%
(3.09%)
23
Revenue
$7.653B
9.23%
1.00×
Cost of revenue
$5.357B
9.23%
1.00×
Operating expenses
$1.710B
9.48%
1.02×
Goodwill & intangibles
18.10%
Spread over hurdle
(5.79%)