3.977
Revenue$B
2.422
2.651
2.955
3.229
3.511
3.823
4.141
4.457
4.852
5.377
4.237
8.90%
9.22%
36
12.63
Revenue growth%
0.40
0.69
0.40
2.02
4.79
6.33
7.79
7.26
9.02
6.06
25.70
7.26
5.43
82
23.01
Gross margin%
29.32
28.90
25.96
23.07
22.81
23.33
26.00
24.82
26.75
26.43
25.08
26.00
25.98
75
10.08
Operating margin%
21.73
21.68
21.71
22.70
25.64
25.70
27.25
27.34
27.27
27.94
12.59
27.27
25.67
65
21.81
Net margin%
1.49
0.40
0.64
0.40
0.40
2.96
4.52
4.34
1.38
0.40
2.21
2.96
1.01
41
27.76
P/E ratio (avg)x
27.49
28.06
27.72
31.65
29.12
27.71
28.33
29.88
27.11
30.01
13.86
28.33
28.20
74
19.38
EV/EBITx
32.44
28.51
30.23
30.98
33.18
30.73
26.79
23.57
21.63
19.25
7.643
23.57
29.37
69
7.36
FCF yield (avg)%
31.58
31.12
30.82
28.79
30.07
29.22
26.82
28.16
26.71
26.44
11.37
26.82
29.01
26
4.54
FCF margin%
11.80
14.41
13.02
11.31
12.22
10.75
10.93
12.33
11.29
9.98
7.30
10.93
11.55
48
0.684
FCF / Net incomex
0.555
0.599
0.676
0.672
0.662
0.668
0.646
0.702
0.777
0.821
1.681
0.702
0.670
25
15.85
ROIC%
16.67
16.36
17.02
17.04
17.37
16.35
15.23
17.51
18.04
17.18
26.84
17.18
17.03
69
25.59
Return on equity%
26.73
27.84
30.39
28.85
30.53
28.21
25.85
24.29
22.73
21.14
23.05
24.29
27.28
22
15.12
Return on assets%
12.38
9.44
7.72
9.04
6.44
4.74
6.95
7.22
8.67
7.33
17.61
7.22
7.53
14
1.96
EPS$
1.58
1.70
1.47
1.38
1.19
1.26
1.32
1.19
1.29
1.21
2.17
0.44%
(2.31%)
—
23.77
EPS growth%
7.19
4.54
1.88
0.40
0.43
2.60
0.62
0.40
0.40
1.35
13.07
0.62
0.98
26
1.27
Bookvalue per sh$
1.96
1.84
1.85
1.67
1.55
1.53
1.63
1.74
1.93
1.96
1.92
4.75%
0.21%
—
1.09
FCF per share$
1.11
1.07
1.01
0.97
0.90
0.94
0.93
0.81
0.77
0.78
0.87
(3.01%)
(4.70%)
—
2.00
Dividend per sh$
1.43
1.71
1.70
1.83
1.87
1.85
2.23
2.33
2.76
3.05
1.21
10.34%
9.62%
—
29.34
Div yield (avg)%
10.77
12.52
14.24
12.46
11.36
11.70
10.10
8.76
6.14
4.28
13.31
8.76
11.06
43
8.32
Payout ratio%
19.14
20.86
19.09
18.80
19.07
19.34
17.63
15.02
15.49
15.91
19.85
15.91
18.94
17
0.570
Shares (diluted)B
0.838
0.928
1.068
1.020
0.969
0.997
1.139
1.095
1.236
1.329
0.599
6.52%
5.80%
35
21.37
Buyback yield%
16.15
17.88
18.67
16.28
18.14
17.94
16.31
14.32
15.05
16.33
24.37
16.31
16.32
12
1.569
D/E ratiox
2.296
2.544
2.796
3.326
3.411
3.985
3.923
3.903
4.427
4.558
0.556
3.985
3.657
37
5.876
Enterprise value$B
8.943
8.720
9.616
11.01
11.56
12.33
14.08
13.83
13.51
14.99
3.930
5.34%
6.66%
34
3.394
LT debt$B
0.834
0.802
0.868
0.993
1.158
1.216
1.371
1.383
1.597
1.750
4.120
8.62%
8.68%
18
Revenue
$5.377B
9.22%
1.00×
Cost of revenue
$3.764B
9.22%
1.00×
Operating expenses
$1.045B
8.86%
0.97×
Spread over hurdle
(8.07%)