3.817
Revenue$B
2.778
3.060
3.368
3.615
3.891
4.216
4.574
4.963
5.402
5.848
4.237
8.49%
8.82%
25
17.10
Revenue growth%
13.39
10.45
10.43
9.14
8.71
7.81
9.24
6.71
3.94
6.11
25.72
6.71
8.93
62
25.97
Gross margin%
13.70
11.10
11.63
13.06
10.94
11.93
9.24
8.51
7.17
7.11
8.25
8.51
11.02
86
6.40
Operating margin%
32.22
31.17
33.24
32.87
30.76
29.37
28.42
27.93
28.95
27.15
6.92
28.42
30.07
70
17.31
Net margin%
25.40
24.75
23.79
26.22
24.86
23.08
21.41
18.48
15.58
14.87
16.84
18.48
23.44
16
7.973
P/E ratio (avg)x
51.21
53.58
60.74
60.45
63.04
63.97
70.02
70.50
69.67
70.37
18.61
70.02
63.50
28
31.10
EV/EBITx
37.84
42.34
39.64
44.93
51.33
50.22
56.27
57.86
59.49
62.21
17.22
57.86
50.78
90
18.54
FCF yield (avg)%
30.62
30.01
31.76
32.97
33.27
33.88
34.82
35.44
34.47
33.49
6.98
34.47
33.38
25
17.70
FCF margin%
23.89
26.85
26.74
25.10
26.05
27.81
25.72
27.45
24.94
25.71
21.03
25.72
25.88
91
1.180
FCF / Net incomex
0.239
0.229
0.218
0.202
0.207
0.188
0.201
0.217
0.200
0.178
0.806
0.200
0.205
52
20.60
ROIC%
14.53
16.01
14.53
12.92
13.80
15.33
16.24
13.69
11.57
10.43
22.14
13.69
14.16
60
9.89
Return on equity%
34.40
31.77
30.96
29.96
31.33
30.81
31.85
33.82
36.35
34.63
11.89
33.82
31.81
89
21.96
Return on assets%
16.99
14.94
13.17
11.61
9.83
12.52
11.53
12.99
15.47
16.12
15.43
12.99
13.08
84
0.06
EPS$
0.06
0.07
0.07
0.08
0.08
0.08
0.09
0.09
0.09
0.10
0.06
5.07%
5.09%
—
15.83
EPS growth%
24.04
26.52
25.93
26.50
26.59
23.80
24.09
21.79
20.48
20.11
15.46
21.79
24.06
53
0.09
Bookvalue per sh$
0.06
0.07
0.08
0.08
0.08
0.09
0.10
0.11
0.11
0.12
0.08
8.58%
9.29%
—
0.05
FCF per share$
0.12
0.14
0.15
0.15
0.17
0.20
0.22
0.24
0.28
0.28
0.05
10.51%
8.76%
—
0.05
Dividend per sh$
0.08
0.09
0.09
0.10
0.12
0.14
0.16
0.19
0.23
0.27
0.02
18.08%
13.91%
—
2.64
Div yield (avg)%
12.47
14.09
16.51
17.09
14.52
11.85
14.65
13.53
15.42
15.64
15.39
14.65
14.59
45
23.73
Payout ratio%
20.84
22.69
20.83
19.63
17.03
19.52
20.40
21.17
22.14
22.02
24.82
21.17
20.83
81
40.69
Shares (diluted)B
86.52
89.49
106.2
107.5
122.5
138.8
166.8
179.3
198.4
210.4
40.96
11.43%
11.05%
93
24.81
Buyback yield%
2.02
3.55
6.29
3.86
6.32
6.07
7.12
4.75
3.23
1.54
16.19
4.75
4.31
74
1.742
D/E ratiox
1.806
1.755
1.818
1.735
1.653
1.522
1.485
1.355
1.520
1.525
0.572
1.520
1.589
22
0.328
Enterprise value$B
3.581
3.505
3.886
3.621
3.806
3.974
4.430
4.464
4.094
4.365
4.902
2.78%
1.90%
75
4.982
LT debt$B
1.093
1.284
1.362
1.495
1.492
1.557
1.578
1.620
1.934
2.094
1.117
7.02%
7.47%
36
Revenue
$5.848B
8.82%
1.00×
Cost of revenue
$3.693B
8.94%
1.01×
Operating expenses
$1.287B
9.08%
1.02×
Cash and investments
17.66%
Spread over hurdle
(17.28%)