2,385
Revenue$B
6,173
6,649
7,238
7,864
8,550
9,369
9,952
10,564
11,138
12,224
2,436
7.41%
8.08%
39
9.67
Revenue growth%
4.97
3.98
1.21
2.34
3.90
3.84
3.80
4.48
6.56
4.82
9.21
4.48
3.94
55
28.59
Gross margin%
3.59
5.26
5.13
2.24
0.40
1.56
1.97
0.40
0.40
0.40
23.06
0.40
1.76
92
25.83
Operating margin%
23.88
22.69
22.39
22.03
21.09
22.09
23.17
22.71
22.39
20.63
23.32
22.39
22.39
54
20.04
Net margin%
29.04
30.92
29.88
32.11
33.82
34.45
32.14
32.13
32.89
33.07
23.89
32.89
32.13
42
16.71
P/E ratio (avg)x
27.19
28.18
27.51
28.71
33.50
34.92
40.65
41.28
41.65
43.81
29.33
41.28
34.21
45
12.22
EV/EBITx
33.33
37.07
36.22
39.31
43.63
49.06
49.97
52.49
61.51
68.27
28.17
52.49
46.34
5
22.50
FCF yield (avg)%
11.82
9.59
7.02
6.48
6.70
9.16
11.34
11.20
13.33
13.76
26.72
11.34
10.39
67
8.75
FCF margin%
3.04
4.19
6.70
5.64
6.42
8.72
10.03
11.57
10.51
8.38
21.20
10.03
7.54
15
1.153
FCF / Net incomex
1.492
1.549
1.505
1.385
1.352
1.499
1.408
1.401
1.279
1.271
1.297
1.401
1.404
16
4.26
ROIC%
10.07
11.05
12.33
11.89
14.37
16.07
15.91
16.35
18.51
18.11
8.08
16.35
15.14
76
12.18
Return on equity%
25.50
26.53
25.17
26.76
23.99
23.25
24.87
22.25
22.23
20.95
5.50
22.25
24.43
79
2.15
Return on assets%
19.63
18.04
20.12
18.17
18.02
16.73
18.78
18.43
17.85
14.86
25.57
17.85
18.11
78
9.43
EPS$
7.88
8.61
9.39
9.01
10.39
10.36
9.88
10.42
10.62
11.55
9.88
2.15%
4.60%
—
11.57
EPS growth%
22.92
20.77
22.56
22.79
22.30
20.76
19.97
22.68
25.15
25.00
23.71
22.68
22.62
78
9.90
Bookvalue per sh$
9.81
10.32
10.72
10.97
12.03
13.71
15.10
17.03
19.46
21.64
6.68
12.46%
7.57%
—
7.81
FCF per share$
5.02
5.43
6.25
7.27
7.03
7.38
8.62
10.04
10.27
10.16
7.34
7.64%
7.88%
—
7.04
Dividend per sh$
1.97
1.72
1.65
1.45
1.55
1.46
1.36
1.42
1.54
1.35
5.38
(2.74%)
(4.72%)
—
28.61
Div yield (avg)%
11.57
10.06
10.33
11.24
10.98
12.97
11.20
13.97
16.78
13.81
25.07
13.81
11.41
64
11.73
Payout ratio%
15.32
15.72
16.01
17.41
18.03
17.44
17.57
14.61
15.35
15.25
2.28
15.35
15.87
71
376.7
Shares (diluted)B
653.3
695.0
837.9
908.3
912.7
998.2
978.2
1,085
1,303
1,474
379.2
10.06%
9.79%
79
3.29
Buyback yield%
21.03
19.55
17.07
18.97
19.05
17.24
15.46
16.04
15.50
14.85
16.90
15.50
17.15
71
0.454
D/E ratiox
0.711
0.820
0.923
0.973
0.963
1.009
1.077
1.139
1.196
1.295
0.836
1.139
0.991
37
6,966
Enterprise value$B
11,267
13,404
15,901
15,600
18,242
19,255
22,885
22,442
25,349
28,566
5,954
9.38%
9.86%
40
6,877
LT debt$B
9,101
9,529
10,183
10,630
10,559
12,301
14,271
14,071
15,406
15,914
7,268
8.55%
7.19%
24
Revenue
$12.22T
8.08%
1.00×
Cost of revenue
$6.258T
7.92%
0.99×
Operating expenses
$2.797T
8.33%
1.02×
Goodwill & intangibles
15.19%
Spread over hurdle
10.94%