2.002
Revenue€B
1.842
1.937
1.983
2.058
2.145
2.152
2.231
2.326
2.383
2.417
2.241
2.42%
2.97%
42
16.39
Revenue growth%
9.23
12.01
11.59
8.78
9.06
9.38
8.20
9.09
6.42
8.23
15.28
8.23
9.07
33
16.70
Gross margin%
5.58
7.56
5.27
8.20
10.11
10.99
11.52
10.81
10.98
12.60
24.33
10.99
10.46
47
5.27
Operating margin%
18.67
20.92
23.33
24.78
23.88
23.15
23.33
21.96
22.86
24.49
11.10
23.15
23.24
30
24.79
Net margin%
8.26
9.67
7.35
6.64
5.50
7.33
5.58
7.67
6.15
7.12
10.56
7.12
7.22
26
26.05
P/E ratio (avg)x
31.66
35.14
38.43
37.06
38.17
35.56
39.15
41.28
45.52
44.09
13.50
41.28
38.30
65
26.82
EV/EBITx
9.626
9.061
8.492
7.795
8.533
8.227
8.938
9.382
9.350
10.32
35.76
9.350
8.999
62
24.78
FCF yield (avg)%
11.41
10.47
8.03
8.86
8.62
7.61
5.03
6.68
9.50
9.77
8.31
7.61
8.74
7
28.99
FCF margin%
23.73
23.59
22.38
22.11
23.68
24.93
24.95
27.07
28.74
25.88
7.56
25.88
24.33
67
0.744
FCF / Net incomex
0.958
1.122
1.341
1.463
1.674
1.774
1.969
1.921
2.005
2.156
1.604
1.969
1.724
16
24.18
ROIC%
8.37
5.52
3.07
5.22
2.34
1.87
3.81
5.21
7.21
5.18
5.95
5.18
5.19
54
14.04
Return on equity%
2.94
0.93
2.38
2.31
3.04
5.60
5.59
4.95
5.33
3.90
29.52
5.33
3.47
23
19.68
Return on assets%
19.04
20.33
20.00
21.12
22.78
22.32
24.49
22.81
24.91
27.20
17.40
24.49
22.55
85
1,292
EPS€
815.62
959.88
989.93
1,017
1,070
1,036
1,003
1,089
1,129
1,330
1,382
4.45%
4.66%
—
24.60
EPS growth%
10.68
10.20
11.83
12.71
12.74
10.97
10.61
10.76
11.21
9.74
3.48
10.76
10.87
80
712.98
Bookvalue per sh€
1,395
1,595
1,505
1,519
1,669
1,869
2,050
2,008
2,165
2,399
432.03
7.54%
6.52%
—
548.36
FCF per share€
1,722
1,979
2,300
2,509
2,845
2,747
2,621
2,852
3,218
3,812
1,046
6.03%
9.14%
—
549.93
Dividend per sh€
1,631
1,670
1,789
1,989
2,117
2,095
2,301
2,692
3,148
3,232
870.02
8.83%
7.75%
—
8.51
Div yield (avg)%
4.10
3.54
0.90
0.40
0.63
0.40
0.40
0.77
1.57
2.99
19.61
0.77
0.83
78
6.60
Payout ratio%
11.46
14.23
13.03
15.57
13.55
13.32
15.50
13.65
10.67
11.40
20.12
13.32
13.44
32
0.820
Shares (diluted)M
0.604
0.648
0.629
0.621
0.631
0.634
0.631
0.555
0.471
0.478
0.796
(5.39%)
(2.96%)
21
4.90
Buyback yield%
14.85
16.90
14.96
15.26
17.17
15.09
17.25
16.45
15.00
17.50
3.37
16.45
15.86
50
1.032
D/E ratiox
0.776
0.783
0.802
0.780
0.915
1.072
1.039
1.125
1.318
1.399
1.012
1.125
0.977
35
0.320
Enterprise value€B
3.052
3.335
3.749
3.971
3.698
4.035
4.410
4.466
4.540
4.180
2.326
2.48%
3.95%
15
0.270
LT debt€B
1.155
1.173
1.172
1.150
1.150
1.083
1.150
0.979
1.040
1.127
3.008
(0.40%)
0.38%
91
Revenue
€2.417B
2.97%
1.00×
Cost of revenue
€1.286B
3.41%
1.04×
Operating expenses
€408.3M
2.74%
0.98×
Goodwill & intangibles
18.35%
Cash and investments
15.95%
Spread over hurdle
82.49%