3.707
Revenue€B
3.001
3.078
3.163
3.226
3.417
3.602
3.754
3.885
4.098
4.283
4.077
4.62%
4.24%
31
9.20
Revenue growth%
26.86
28.18
25.45
24.20
26.41
28.70
30.78
31.21
28.90
30.34
10.83
30.34
28.44
81
9.60
Gross margin%
35.58
35.79
33.43
31.36
33.20
32.85
33.35
30.60
29.38
29.20
3.47
30.60
33.03
38
27.75
Operating margin%
8.88
9.57
9.18
8.73
8.67
10.55
12.67
15.04
13.41
14.60
23.02
13.41
10.06
43
11.27
Net margin%
14.59
16.25
14.91
15.47
18.43
17.25
17.68
14.80
13.96
12.22
24.77
14.80
15.19
88
9.512
P/E ratio (avg)x
42.54
39.99
37.18
35.45
39.13
36.85
39.24
44.00
47.37
48.71
12.47
44.00
39.61
15
25.55
EV/EBITx
27.71
27.43
29.36
27.85
29.53
33.44
31.94
29.61
32.71
35.24
22.35
32.71
29.57
49
14.06
FCF yield (avg)%
3.24
2.02
0.40
2.65
4.87
4.20
3.97
4.14
3.54
5.34
7.26
4.14
3.75
56
17.20
FCF margin%
6.19
3.89
4.58
4.38
7.28
9.03
10.98
12.41
12.01
10.14
8.09
10.98
8.16
11
1.313
FCF / Net incomex
1.467
1.420
1.654
1.970
2.173
2.532
2.957
3.494
3.970
4.155
1.648
3.494
2.353
26
17.35
ROIC%
0.68
0.40
0.40
0.49
2.85
0.40
0.40
1.13
2.93
2.61
11.96
1.13
0.58
31
24.53
Return on equity%
14.58
15.82
15.28
15.65
17.23
18.37
19.88
19.08
17.12
15.30
19.13
18.37
16.47
17
15.83
Return on assets%
26.40
24.68
21.86
24.05
25.39
25.45
23.47
26.05
26.84
24.42
20.91
25.45
25.03
90
8.78
EPS€
2.61
2.78
2.64
2.69
2.86
3.14
3.53
3.50
3.60
3.75
9.12
5.54%
2.70%
—
10.13
EPS growth%
5.05
5.90
8.87
7.13
7.30
9.64
9.13
7.49
6.09
3.10
24.93
7.49
7.22
67
2.77
Bookvalue per sh€
2.42
2.39
2.57
2.92
3.21
3.03
3.27
3.51
3.75
4.07
9.40
4.90%
6.26%
—
8.25
FCF per share€
8.17
7.50
8.05
8.89
10.22
11.12
11.50
12.55
12.21
13.43
5.78
5.63%
4.68%
—
6.37
Dividend per sh€
3.09
3.02
2.85
2.87
2.75
2.51
2.52
2.34
2.59
2.45
7.65
(2.27%)
(2.86%)
—
3.67
Div yield (avg)%
6.71
5.71
7.32
4.71
2.10
0.40
1.62
0.40
2.29
2.36
6.20
1.62
2.32
16
26.03
Payout ratio%
19.16
16.21
15.24
18.06
17.85
16.20
16.63
14.46
16.37
16.73
9.26
16.37
16.50
47
142.9
Shares (diluted)M
107.4
108.1
100.5
110.3
108.9
98.96
102.7
94.75
104.3
97.73
142.6
(2.13%)
(1.02%)
83
19.39
Buyback yield%
0.40
3.02
2.46
0.55
0.40
1.02
0.40
0.40
0.40
0.40
3.17
0.40
0.40
23
0.284
D/E ratiox
1.503
1.680
1.667
1.656
1.690
1.736
1.910
1.971
2.073
2.150
0.395
1.971
1.713
26
2.158
Enterprise value€B
2.596
2.681
2.678
2.380
2.528
2.696
2.846
2.498
2.725
2.341
1.547
(1.52%)
(0.52%)
47
2.594
LT debt€B
2.278
2.139
2.113
2.262
2.434
2.320
2.372
2.223
2.480
2.342
0.156
(0.77%)
1.63%
81
Revenue
€4.283B
4.24%
1.00×
Cost of revenue
€2.841B
4.22%
1.00×
Operating expenses
€715.1M
4.52%
1.03×
Property and equipment
19.13%
Spread over hurdle
38.96%