2.552
Revenue$B
2.282
2.450
2.579
2.762
2.889
2.993
3.089
3.251
3.420
3.545
2.715
4.18%
5.00%
85
3.69
Revenue growth%
11.60
13.16
11.10
11.08
9.75
11.16
11.08
12.48
11.78
9.65
12.05
11.16
11.13
95
3.21
Gross margin%
10.03
8.03
9.70
7.99
8.70
8.16
5.17
5.66
5.70
5.17
3.18
5.66
8.01
33
9.68
Operating margin%
22.70
21.60
20.71
18.39
19.10
21.39
22.20
19.51
18.47
19.18
17.38
19.51
20.11
35
22.48
Net margin%
13.09
13.48
10.72
13.62
13.72
15.35
14.25
14.63
15.35
15.72
4.49
15.35
13.99
44
11.93
P/E ratio (avg)x
35.28
37.20
38.77
41.46
42.14
43.02
45.68
46.39
47.14
43.92
27.45
45.68
42.58
57
7.120
EV/EBITx
20.35
22.34
22.64
25.36
26.10
28.50
29.83
30.10
32.62
30.35
21.46
30.10
27.30
44
19.90
FCF yield (avg)%
17.24
18.57
19.80
17.61
19.64
17.53
15.79
13.44
15.28
13.65
27.57
15.28
17.38
70
25.79
FCF margin%
21.38
22.22
25.01
27.72
26.74
27.52
29.22
31.56
33.47
32.68
10.40
31.56
27.62
91
0.722
FCF / Net incomex
1.188
1.346
1.555
1.513
1.767
1.685
1.902
1.855
2.063
2.147
0.869
1.902
1.726
51
9.93
ROIC%
8.67
8.31
9.12
8.10
8.01
9.34
10.69
11.65
14.10
15.11
18.62
11.65
9.23
32
11.92
Return on equity%
11.27
11.61
9.63
11.72
14.41
13.65
13.39
15.70
18.65
17.36
7.00
15.70
13.52
21
27.28
Return on assets%
8.78
9.84
11.37
8.98
10.60
12.03
10.32
11.93
9.45
6.52
9.85
10.32
10.08
27
2.68
EPS$
3.99
4.31
4.35
3.81
3.44
3.19
3.43
3.61
3.73
3.32
2.99
(0.72%)
(1.78%)
—
24.70
EPS growth%
29.76
30.36
32.28
30.04
31.44
32.53
31.21
32.37
32.08
29.57
14.38
32.08
31.33
39
6.31
Bookvalue per sh$
6.76
7.27
6.78
7.75
8.00
8.04
7.75
8.60
9.60
9.66
6.16
3.86%
3.94%
—
4.33
FCF per share$
5.22
4.91
5.20
5.96
6.18
7.15
7.58
7.82
7.79
8.53
1.18
6.66%
6.38%
—
2.41
Dividend per sh$
2.23
2.25
2.41
2.35
2.05
2.12
2.05
2.21
2.01
1.90
2.19
(1.48%)
(1.42%)
—
27.05
Div yield (avg)%
24.08
26.77
24.00
22.29
20.95
22.48
22.64
23.07
24.03
21.40
18.22
22.64
22.85
89
7.20
Payout ratio%
7.48
8.30
6.13
3.70
2.21
0.64
0.40
0.78
2.72
3.55
12.86
0.78
3.14
28
576.8
Shares (diluted)M
652.7
701.9
698.1
753.9
824.2
776.7
845.5
893.3
787.0
740.4
579.8
(2.12%)
1.49%
15
27.58
Buyback yield%
27.38
26.79
27.18
25.09
23.08
25.52
27.52
29.63
28.92
28.14
18.60
28.14
27.28
56
1.062
D/E ratiox
1.272
1.417
1.672
1.759
2.087
2.106
2.178
2.102
2.115
2.091
0.915
2.106
2.089
62
3.495
Enterprise value$B
0.779
0.818
0.788
0.885
1.017
0.977
1.121
1.078
1.097
1.033
1.835
0.31%
2.73%
89
1.760
LT debt$B
0.553
0.524
0.539
0.494
0.435
0.452
0.447
0.441
0.415
0.420
2.464
(0.70%)
(3.92%)
71
Revenue
$3.545B
5.00%
1.00×
Cost of revenue
$2.482B
5.08%
1.01×
Operating expenses
$444.8M
6.15%
1.12×
Spread over hurdle
(4.68%)