7,564
Revenue$B
12,578
12,907
13,506
13,896
14,443
14,996
15,172
15,199
15,430
15,853
8,091
1.88%
2.57%
9
16.24
Revenue growth%
16.44
18.30
19.63
21.40
18.65
20.55
18.34
19.73
21.12
21.74
13.10
20.55
19.68
42
5.63
Gross margin%
28.50
28.05
27.50
26.23
28.97
30.01
31.45
30.29
28.19
28.12
23.34
30.01
28.35
63
25.30
Operating margin%
11.87
12.60
13.94
16.42
17.06
14.64
14.20
16.15
17.28
16.34
9.77
16.15
15.40
70
28.47
Net margin%
8.42
6.55
9.37
7.69
7.14
6.99
9.77
12.72
9.88
9.70
5.74
9.77
8.90
90
22.65
P/E ratio (avg)x
8.644
8.140
8.841
9.600
10.65
9.730
9.994
9.544
9.511
9.384
11.73
9.544
9.527
63
9.670
EV/EBITx
25.73
28.78
31.81
31.27
32.90
34.56
35.73
37.86
42.49
48.72
26.60
37.86
33.73
65
29.14
FCF yield (avg)%
13.67
14.91
17.68
16.29
14.60
12.38
10.89
8.03
10.11
10.22
16.08
10.22
13.03
36
25.52
FCF margin%
9.02
6.25
8.54
10.71
12.84
11.78
9.94
8.49
8.06
9.48
20.30
9.48
9.25
46
1.596
FCF / Net incomex
1.007
0.928
0.980
0.890
0.905
0.897
0.904
0.888
0.871
0.934
1.286
0.897
0.904
57
27.52
ROIC%
9.30
7.88
5.42
3.17
2.08
4.96
3.84
5.29
3.98
6.06
2.14
4.96
5.13
63
22.22
Return on equity%
17.28
14.50
13.51
11.73
11.12
13.64
12.49
10.58
7.96
6.43
29.46
10.58
12.11
44
25.08
Return on assets%
3.84
3.84
3.31
4.11
2.22
1.00
1.35
0.40
0.99
0.40
11.13
0.99
1.78
51
396.50
EPS$
134.36
154.61
158.54
168.18
196.75
213.12
226.75
228.70
222.97
253.42
413.31
5.19%
7.40%
—
13.89
EPS growth%
12.39
14.88
12.45
14.53
15.75
16.18
13.66
15.71
13.81
11.51
9.23
13.81
14.17
27
87.23
Bookvalue per sh$
279.03
300.69
299.45
317.65
314.16
334.09
310.16
334.65
358.57
335.00
405.52
1.29%
2.50%
—
362.91
FCF per share$
112.70
116.23
113.48
106.83
119.03
113.19
131.12
125.87
129.67
132.66
132.09
2.19%
1.57%
—
170.14
Dividend per sh$
290.33
281.88
244.80
231.90
252.16
258.48
228.29
229.30
210.70
212.45
458.39
(3.37%)
(3.93%)
—
21.27
Div yield (avg)%
21.53
24.49
21.55
21.72
24.52
24.25
22.70
25.00
23.16
21.28
6.74
23.16
22.93
89
25.44
Payout ratio%
10.10
11.46
10.31
9.52
8.45
6.07
5.69
7.52
6.91
4.40
17.76
6.07
7.98
95
28.90
Shares (diluted)B
27.87
26.12
24.30
24.54
26.13
24.37
21.79
22.11
22.41
20.64
29.56
(4.61%)
(3.48%)
18
13.19
Buyback yield%
22.52
21.85
21.33
23.72
25.72
26.06
27.33
29.15
31.43
30.35
19.46
29.15
25.89
7
0.331
D/E ratiox
0.406
0.445
0.474
0.518
0.545
0.607
0.681
0.786
0.756
0.813
1.153
0.756
0.576
23
10,860
Enterprise value$B
5,125
5,128
5,521
5,267
4,631
4,208
3,823
3,321
2,997
2,682
6,618
(10.35%)
(6.50%)
26
9,351
LT debt$B
11,675
12,326
14,387
15,294
14,535
14,818
14,066
15,013
15,840
16,017
910.5
1.96%
4.15%
30
Revenue
$15.85T
2.57%
1.00×
Cost of revenue
$11.10T
2.57%
1.00×
Operating expenses
$2.600T
2.08%
0.95×
Goodwill & intangibles
17.12%
Property and equipment
15.77%
Spread over hurdle
(16.53%)