3.636
Revenue€B
3.710
3.736
3.813
3.855
3.900
3.868
3.875
3.892
3.992
3.915
4.028
0.08%
0.55%
82
12.03
Revenue growth%
22.40
22.87
20.61
20.29
20.95
23.47
20.82
21.13
21.43
24.01
15.74
21.43
21.28
48
6.84
Gross margin%
12.96
14.66
16.70
17.20
18.07
18.12
19.51
18.87
18.59
16.03
18.07
18.59
17.63
27
27.67
Operating margin%
17.13
14.88
12.33
14.44
14.01
13.29
14.71
17.11
17.48
17.03
12.01
17.03
14.79
90
15.52
Net margin%
21.71
19.85
17.24
18.92
19.44
20.99
22.87
21.49
18.58
17.99
9.76
20.99
19.65
19
30.50
P/E ratio (avg)x
48.30
55.23
56.55
60.73
60.28
62.58
62.01
61.47
61.52
64.43
8.965
62.01
61.10
11
22.19
EV/EBITx
20.51
19.75
20.86
22.92
20.41
19.35
18.19
17.12
18.75
16.60
29.41
18.19
19.55
88
5.79
FCF yield (avg)%
7.62
5.98
6.81
6.33
7.90
7.57
8.49
10.77
12.94
10.12
7.67
10.12
7.76
19
14.88
FCF margin%
7.45
8.68
8.05
8.74
10.97
12.72
12.30
11.60
10.60
10.15
19.60
11.60
10.37
15
0.831
FCF / Net incomex
0.510
0.498
0.554
0.631
0.637
0.669
0.733
0.831
0.764
0.712
0.784
0.733
0.653
19
19.11
ROIC%
3.09
5.68
5.29
6.44
8.70
5.71
6.72
8.40
7.99
9.00
20.85
7.99
6.58
64
9.59
Return on equity%
16.47
14.93
16.69
18.90
17.97
17.85
15.67
16.19
16.03
16.77
19.46
16.19
16.58
58
26.28
Return on assets%
25.25
28.11
29.06
26.23
28.26
30.79
27.89
30.79
32.78
30.84
28.32
30.79
28.66
62
2.75
EPS€
5.63
5.30
6.17
6.06
6.15
6.36
6.55
6.36
6.04
6.96
2.87
2.51%
2.30%
—
6.04
EPS growth%
14.24
13.63
13.48
12.62
10.71
8.21
10.69
13.58
12.67
13.58
11.82
12.67
13.07
59
14.37
Bookvalue per sh€
10.84
12.89
14.60
15.28
15.86
15.56
18.63
20.86
24.65
27.16
13.35
11.35%
9.42%
—
10.95
FCF per share€
2.33
2.29
2.33
2.35
2.13
2.28
2.29
2.26
2.31
2.17
4.99
0.33%
(0.30%)
—
8.06
Dividend per sh€
3.67
3.32
3.44
3.78
3.74
3.91
4.12
4.35
4.42
4.46
2.48
3.60%
1.78%
—
13.98
Div yield (avg)%
13.29
11.00
11.16
11.72
13.71
14.68
13.14
11.84
10.45
12.51
23.43
12.51
12.17
28
15.86
Payout ratio%
5.14
2.81
1.82
1.46
3.13
1.72
0.40
0.42
2.81
3.10
18.84
1.72
2.32
47
84.31
Shares (diluted)M
116.1
133.5
137.8
160.3
162.3
193.4
202.4
218.9
249.9
258.1
80.21
9.71%
9.90%
44
29.57
Buyback yield%
3.15
1.77
0.40
1.63
2.16
0.49
0.40
3.32
2.93
2.99
19.77
2.93
1.97
33
1.792
D/E ratiox
0.777
0.839
0.925
0.846
0.906
0.980
0.851
0.901
0.985
0.869
1.124
0.901
0.885
49
2.564
Enterprise value€B
2.018
1.749
1.908
1.791
1.782
1.543
1.496
1.350
1.293
1.157
3.467
(8.27%)
(4.84%)
84
1.573
LT debt€B
2.875
2.914
2.919
3.103
2.974
3.101
3.531
3.523
3.407
3.277
4.002
1.96%
2.42%
12
Revenue
€3.915B
0.55%
1.00×
Cost of revenue
€2.741B
0.55%
1.00×
Operating expenses
€767.4M
(0.10%)
0.94×
Goodwill & intangibles
20.71%
Cash and investments
16.60%
Spread over hurdle
50.89%