10,450
Revenue$B
5,018
5,287
5,682
5,955
6,280
6,732
7,231
7,493
7,709
8,031
11,596
5.04%
5.58%
51
18.42
Revenue growth%
20.26
22.17
20.27
19.74
20.44
18.36
16.34
15.68
14.40
16.91
17.32
16.34
19.05
74
12.18
Gross margin%
12.39
10.23
10.11
9.07
11.47
10.60
9.18
8.73
9.17
6.89
6.61
9.17
9.65
55
17.64
Operating margin%
9.31
7.50
9.09
6.80
4.35
5.58
4.25
3.84
4.50
5.31
23.92
4.50
5.44
53
17.78
Net margin%
12.89
10.69
9.99
12.69
15.66
16.39
17.51
17.64
18.66
16.29
21.05
17.51
15.97
77
8.694
P/E ratio (avg)x
25.09
26.93
28.57
32.99
37.16
36.38
37.93
37.24
40.40
44.71
16.17
37.93
36.77
14
14.89
EV/EBITx
33.33
30.13
27.74
27.72
29.71
32.74
34.41
35.29
31.41
31.33
8.595
32.74
31.37
8
5.67
FCF yield (avg)%
15.80
12.99
14.42
13.35
12.97
10.00
9.28
8.74
10.96
12.45
11.72
10.00
12.71
71
19.97
FCF margin%
3.41
2.32
2.65
1.16
0.40
0.40
0.46
2.49
2.64
1.38
4.02
1.38
1.85
64
0.873
FCF / Net incomex
0.338
0.394
0.422
0.462
0.511
0.609
0.608
0.597
0.639
0.736
0.564
0.609
0.554
34
8.57
ROIC%
16.84
17.53
15.94
16.08
13.58
11.56
14.06
16.42
14.39
16.72
15.48
14.39
16.01
9
11.31
Return on equity%
21.64
19.34
18.33
18.84
17.63
16.93
15.47
16.91
15.08
12.69
15.01
15.47
17.28
43
26.36
Return on assets%
34.95
33.47
31.29
30.36
27.75
25.84
24.79
26.88
24.73
26.71
24.75
25.84
27.32
78
16.98
EPS$
48.14
50.02
59.42
62.66
74.56
85.82
87.90
99.42
103.39
120.78
18.61
10.13%
10.67%
—
5.52
EPS growth%
1.45
2.87
0.40
0.40
1.41
0.40
2.58
2.84
4.25
7.19
11.93
2.84
2.01
55
43.47
Bookvalue per sh$
47.00
49.79
56.11
55.54
53.86
57.88
53.44
59.02
62.87
63.80
23.28
3.45%
3.49%
—
7.60
FCF per share$
33.47
32.19
32.31
31.43
33.09
30.71
26.42
26.23
26.16
25.08
25.77
(5.39%)
(4.35%)
—
38.58
Dividend per sh$
37.73
37.13
39.03
42.33
43.07
47.78
51.73
53.26
59.02
68.45
7.67
9.71%
7.89%
—
13.18
Div yield (avg)%
32.86
32.82
31.83
28.95
29.22
30.31
31.18
31.38
29.16
27.09
25.92
30.31
30.75
50
21.32
Payout ratio%
18.75
21.39
23.19
25.16
25.16
26.89
28.44
30.51
29.66
32.42
13.24
29.66
26.03
95
115.8
Shares (diluted)B
139.3
133.7
144.2
149.6
166.2
167.7
186.1
190.7
205.3
211.5
111.2
4.94%
3.58%
46
22.58
Buyback yield%
24.91
23.90
21.48
18.71
19.43
20.79
21.42
23.16
24.49
21.85
7.53
21.85
21.66
39
1.233
D/E ratiox
0.887
0.782
0.725
0.796
0.746
0.683
0.669
0.686
0.660
0.732
0.896
0.683
0.729
54
3,511
Enterprise value$B
5,007
4,727
4,144
4,280
4,607
4,475
4,660
4,914
5,457
5,382
5,137
3.16%
0.28%
38
4,654
LT debt$B
8,754
8,093
8,500
9,197
9,869
10,819
10,261
9,831
9,139
8,797
1,148
(2.27%)
0.82%
19
Revenue
$8.031T
5.58%
1.00×
Cost of revenue
$4.334T
5.90%
1.03×
Operating expenses
$1.889T
5.13%
0.96×
Goodwill & intangibles
19.69%
Cash and investments
16.57%
Spread over hurdle
(2.39%)