1.394
RevenueE£B
3.119
3.057
3.073
3.066
3.123
3.160
3.149
3.094
3.116
3.186
1.436
0.40%
(0.02%)
76
5.76
Revenue growth%
19.90
18.58
18.52
20.26
23.04
23.96
21.23
21.84
21.28
19.66
26.63
21.28
20.75
82
18.28
Gross margin%
2.40
0.40
0.40
0.40
0.40
0.40
1.56
3.66
3.77
3.48
8.88
3.48
0.98
54
12.19
Operating margin%
28.24
26.81
29.48
32.02
31.91
34.80
37.31
35.39
33.52
33.44
4.49
34.80
32.73
36
7.30
Net margin%
36.57
36.17
38.59
41.49
38.96
40.03
38.17
37.27
37.09
36.46
11.84
37.27
37.72
33
31.06
P/E ratio (avg)x
18.02
20.62
19.54
21.43
21.69
20.74
19.52
21.44
21.67
20.49
20.61
20.74
20.68
39
17.07
EV/EBITx
24.46
23.40
22.42
22.64
22.98
25.05
24.01
24.66
23.17
21.67
33.14
24.01
23.29
13
2.20
FCF yield (avg)%
3.81
0.83
0.40
0.40
0.40
1.25
2.88
5.59
3.79
4.50
25.22
3.79
2.07
20
20.50
FCF margin%
22.39
22.58
24.08
22.25
24.00
23.77
25.85
22.90
22.87
21.54
25.99
22.90
22.89
29
0.543
FCF / Net incomex
0.230
0.227
0.245
0.268
0.287
0.294
0.291
0.343
0.332
0.390
0.999
0.332
0.289
8
28.38
ROIC%
23.96
26.36
25.49
25.65
24.14
26.24
24.97
24.80
25.27
24.03
25.47
24.97
25.12
42
13.26
Return on equity%
14.25
13.34
11.49
9.72
12.20
14.29
14.21
16.32
16.29
14.73
5.32
14.73
14.23
29
3.48
Return on assets%
26.66
27.12
26.90
24.72
24.38
21.69
24.09
22.41
21.04
21.76
11.63
21.76
24.23
7
11.11
EPSE£
20.77
22.62
24.63
24.09
26.24
28.90
32.50
37.25
39.02
44.23
11.68
11.01%
6.98%
—
19.78
EPS growth%
12.84
10.60
12.24
13.19
14.32
15.79
17.34
18.89
21.35
22.12
4.67
18.89
15.06
61
2.72
Bookvalue per shE£
10.38
9.81
10.76
12.03
13.42
12.22
13.63
14.43
12.94
13.46
11.63
0.06%
2.86%
—
4.60
FCF per shareE£
23.41
24.39
27.69
30.85
30.12
31.44
35.17
33.94
32.39
36.32
7.84
3.81%
5.56%
—
6.94
Dividend per shE£
6.87
7.00
7.85
8.26
9.71
9.75
9.92
11.85
13.63
14.80
9.49
8.79%
8.78%
—
7.13
Div yield (avg)%
32.07
32.85
32.95
31.83
32.07
34.96
35.83
38.14
38.47
41.01
16.88
38.14
33.96
65
5.19
Payout ratio%
22.86
23.28
24.77
25.80
22.88
25.60
26.60
25.67
26.81
29.15
21.84
26.60
25.64
44
98.27
Shares (diluted)M
181.9
217.5
218.4
231.5
226.7
237.3
247.1
277.7
286.5
329.5
95.94
7.77%
8.11%
11
16.05
Buyback yield%
26.03
24.53
26.15
27.79
29.28
29.91
32.01
32.45
30.19
31.84
9.52
31.84
29.59
92
1.693
D/E ratiox
0.195
0.204
0.194
0.220
0.215
0.227
0.232
0.225
0.229
0.248
1.292
0.229
0.222
11
2.725
Enterprise valueE£B
3.294
3.750
3.824
3.704
4.289
4.217
4.886
5.415
6.441
7.620
2.805
12.18%
8.64%
75
2.314
LT debtE£B
3.007
3.557
3.685
3.740
3.695
3.843
3.924
3.976
4.266
4.313
0.468
3.14%
3.50%
40
Revenue
E£3.186B
(0.02%)
1.00×
Cost of revenue
E£1.955B
(0.16%)
0.99×
Operating expenses
E£395.5M
(0.23%)
0.98×
Goodwill & intangibles
13.39%
Spread over hurdle
(12.55%)