6,036
Revenue$B
18,804
19,944
21,127
22,443
22,988
23,628
24,903
25,990
26,682
27,703
6,385
3.80%
4.14%
50
2.75
Revenue growth%
16.26
16.19
16.64
18.62
18.55
17.89
15.56
15.06
17.31
15.95
16.16
15.95
16.45
17
29.08
Gross margin%
26.34
25.79
24.34
23.01
20.49
18.60
18.93
19.89
19.59
22.28
20.46
19.59
21.39
11
11.78
Operating margin%
19.64
22.45
23.79
21.07
22.56
19.81
16.83
16.31
17.94
16.45
13.78
16.83
19.72
69
20.83
Net margin%
17.21
16.26
14.83
15.11
14.46
12.73
10.56
10.85
12.31
13.27
28.87
12.31
13.87
93
14.62
P/E ratio (avg)x
22.44
23.55
24.94
24.16
25.62
25.07
21.63
20.47
20.99
20.57
37.54
20.99
22.99
19
31.54
EV/EBITx
36.25
38.14
43.49
39.75
37.84
40.14
38.95
40.20
40.97
41.43
28.02
40.20
39.95
43
2.64
FCF yield (avg)%
21.57
23.38
24.23
21.75
19.67
17.25
20.03
22.13
21.51
23.27
20.14
21.51
21.66
54
19.11
FCF margin%
12.65
11.76
13.24
10.96
12.16
14.33
13.20
14.02
15.48
14.06
8.14
14.06
13.22
79
1.498
FCF / Net incomex
1.681
1.615
1.747
1.604
1.663
1.570
1.453
1.624
1.804
1.704
0.281
1.624
1.643
58
25.38
ROIC%
7.11
7.95
9.53
8.48
7.15
7.84
9.06
11.31
11.25
13.25
10.97
11.25
8.77
81
3.38
Return on equity%
2.26
4.64
3.71
1.64
0.89
0.50
0.40
0.40
0.40
3.39
28.79
0.40
1.27
56
16.10
Return on assets%
17.44
17.52
18.66
20.34
17.35
16.39
15.02
16.07
15.29
16.22
26.88
16.07
16.87
12
1,032
EPS$
1,433
1,557
1,532
1,810
1,774
2,082
2,323
2,451
2,471
2,881
1,099
10.19%
7.04%
—
4.84
EPS growth%
14.85
14.74
16.82
15.40
14.08
11.99
12.09
12.39
11.05
9.75
16.22
11.99
13.24
51
952.98
Bookvalue per sh$
421.37
460.05
503.42
461.80
485.32
437.75
398.62
356.23
368.08
342.95
801.13
(6.71%)
(2.96%)
—
758.14
FCF per share$
944.79
943.46
797.98
810.96
812.01
705.77
650.45
548.29
490.05
459.67
1,041
(10.76%)
(6.38%)
—
746.86
Dividend per sh$
251.67
245.31
254.68
233.23
220.36
210.44
213.50
210.35
209.59
221.03
871.56
0.06%
(2.04%)
—
5.23
Div yield (avg)%
8.73
7.06
9.37
7.80
9.68
7.39
6.39
6.64
4.51
3.48
24.57
6.39
7.23
35
21.75
Payout ratio%
33.03
30.34
27.87
25.45
27.44
25.19
23.14
24.05
23.03
22.42
13.10
23.14
25.32
84
7.922
Shares (diluted)B
5.303
5.422
5.578
5.102
4.869
4.880
5.002
4.693
5.044
5.371
7.658
1.98%
(1.19%)
89
8.10
Buyback yield%
4.05
3.62
1.57
2.81
1.65
0.40
0.40
0.40
0.40
2.92
12.20
0.40
1.61
42
0.361
D/E ratiox
0.703
0.705
0.693
0.667
0.640
0.571
0.493
0.504
0.473
0.517
0.827
0.504
0.605
24
20,623
Enterprise value$B
35,332
38,708
46,097
48,283
48,639
47,202
49,194
53,636
63,403
71,202
21,852
7.92%
8.00%
7
21,553
LT debt$B
43,179
51,935
53,357
61,322
64,714
73,539
72,145
85,171
92,498
108,566
23,111
10.90%
10.56%
10
Revenue
$27.70T
4.14%
1.00×
Cost of revenue
$13.80T
4.08%
0.99×
Operating expenses
$4.174T
4.27%
1.01×
Cash and investments
18.74%
Spread over hurdle
(15.11%)