5.051
Revenue€B
3.720
3.968
4.219
4.422
4.834
5.162
5.462
5.825
6.256
6.754
5.653
6.92%
7.12%
83
7.52
Revenue growth%
28.25
28.56
30.54
31.12
32.68
33.85
31.47
32.90
32.84
30.76
29.13
32.84
31.29
63
13.32
Gross margin%
16.74
14.54
17.49
18.64
18.51
18.45
17.84
17.26
17.25
17.48
8.31
17.48
17.49
66
13.91
Operating margin%
25.97
27.72
24.98
25.44
23.04
23.58
21.63
21.60
19.05
17.83
27.17
21.60
23.31
91
7.00
Net margin%
4.60
6.15
4.46
5.03
3.28
0.55
1.74
0.40
0.40
3.21
2.02
0.55
3.25
34
13.41
P/E ratio (avg)x
18.63
17.83
16.09
18.10
18.67
16.98
15.42
14.34
14.22
13.46
9.979
14.34
16.54
78
27.51
EV/EBITx
60.45
66.82
68.77
74.19
76.89
79.50
85.13
88.90
103.5
123.5
33.48
88.90
78.19
49
17.70
FCF yield (avg)%
5.58
4.66
5.24
4.00
6.35
5.63
7.37
9.11
11.09
11.28
8.23
9.11
5.99
5
23.81
FCF margin%
20.72
20.92
18.36
15.46
14.52
15.62
16.55
14.97
14.61
15.39
8.29
15.39
15.54
83
1.001
FCF / Net incomex
1.177
1.059
0.986
0.855
0.928
0.940
0.991
0.852
0.930
1.002
0.976
0.940
0.963
56
22.06
ROIC%
6.06
7.89
4.98
6.46
3.89
2.83
3.24
2.67
4.21
6.92
7.91
3.24
4.59
94
13.42
Return on equity%
4.47
7.33
6.88
8.71
9.03
9.74
8.70
10.55
11.56
12.02
3.75
10.55
8.87
78
19.22
Return on assets%
16.01
15.18
16.25
17.14
19.69
19.39
17.67
15.75
15.11
12.29
7.54
15.75
16.13
71
103.11
EPS€
112.50
111.47
107.00
109.12
121.32
118.74
135.50
131.21
153.41
167.03
110.80
6.60%
5.08%
—
11.33
EPS growth%
8.58
8.49
9.17
8.26
10.87
8.48
10.41
9.10
9.90
9.24
6.65
9.24
9.14
73
65.76
Bookvalue per sh€
56.27
58.52
55.45
62.46
60.83
65.32
75.40
80.46
90.04
89.52
25.38
8.03%
3.98%
—
46.85
FCF per share€
15.70
14.42
13.84
14.85
15.63
15.06
15.78
15.97
14.90
15.09
18.44
(0.71%)
(1.43%)
—
79.20
Dividend per sh€
183.11
200.00
184.47
176.85
183.21
163.48
178.64
194.46
210.98
227.72
61.05
4.45%
3.07%
—
7.60
Div yield (avg)%
30.42
31.33
30.41
31.89
31.63
28.75
27.94
30.72
33.02
31.22
19.30
30.72
30.97
62
21.68
Payout ratio%
21.80
20.19
18.71
18.49
21.17
18.29
17.67
17.83
18.40
19.59
8.73
18.29
18.60
50
46.85
Shares (diluted)M
71.14
76.21
84.98
102.2
122.4
126.6
139.1
145.7
175.5
187.7
46.66
8.94%
11.23%
12
9.59
Buyback yield%
8.85
6.89
4.03
1.37
2.56
2.07
1.55
0.81
2.16
1.05
14.40
1.55
2.12
64
0.217
D/E ratiox
0.983
0.945
1.014
1.058
1.142
1.059
1.202
1.270
1.150
1.115
0.263
1.150
1.087
17
0.972
Enterprise value€B
1.854
1.838
1.942
2.075
1.929
2.135
2.057
2.304
2.359
2.344
4.064
3.97%
1.81%
87
1.059
LT debt€B
0.452
0.468
0.516
0.579
0.520
0.471
0.490
0.481
0.431
0.420
1.276
(4.19%)
(0.19%)
34
Revenue
€6.754B
7.12%
1.00×
Cost of revenue
€4.728B
7.12%
1.00×
Operating expenses
€1.259B
7.68%
1.05×
Cash and investments
19.29%
Goodwill & intangibles
18.19%
Spread over hurdle
(12.71%)