6,131
Revenue$B
7,297
7,764
8,243
8,967
9,815
10,463
11,434
12,484
13,405
14,100
6,795
7.51%
7.57%
88
15.08
Revenue growth%
17.13
17.44
20.44
18.92
17.52
17.16
14.60
16.81
14.04
11.31
4.78
14.60
17.15
90
9.25
Gross margin%
16.75
19.51
21.57
22.41
25.27
25.38
25.32
26.02
28.12
29.24
25.33
26.02
25.29
78
20.59
Operating margin%
2.71
1.86
3.31
5.76
6.85
8.32
9.62
11.63
11.67
11.35
25.14
11.35
7.59
76
21.39
Net margin%
13.85
16.45
15.07
12.49
14.96
17.08
19.92
22.78
21.99
22.30
15.58
21.99
16.77
76
35.48
P/E ratio (avg)x
5.483
5.898
5.970
6.287
6.444
6.517
6.847
7.475
7.387
7.395
22.05
7.387
6.481
83
31.25
EV/EBITx
10.60
11.47
11.39
11.10
11.67
10.45
11.44
11.02
11.67
11.62
16.05
11.44
11.41
35
23.84
FCF yield (avg)%
6.84
7.85
5.69
7.49
5.01
4.37
5.75
7.41
6.44
6.66
20.18
6.44
6.55
75
22.83
FCF margin%
9.85
8.71
5.89
4.09
5.42
4.25
5.27
4.56
7.44
6.06
24.07
5.27
5.65
77
1.557
FCF / Net incomex
2.152
2.331
2.561
2.380
2.512
2.505
2.692
3.092
3.387
3.190
0.259
3.092
2.537
64
20.84
ROIC%
20.20
17.25
18.93
19.35
18.90
18.70
15.95
18.19
16.37
16.23
25.32
16.37
18.45
84
3.02
Return on equity%
16.66
14.96
13.95
11.72
9.58
7.59
7.94
10.68
9.04
10.49
29.89
9.04
10.58
90
29.06
Return on assets%
29.99
30.54
32.01
33.46
34.40
32.91
32.04
29.64
27.33
29.02
27.42
29.64
31.27
58
43.35
EPS$
108.47
116.94
127.17
129.99
129.70
144.86
151.24
156.86
169.11
158.73
45.86
4.12%
3.77%
—
12.11
EPS growth%
20.51
18.49
19.71
17.00
16.99
16.59
16.48
16.78
14.71
12.71
13.08
16.48
16.88
5
112.94
Bookvalue per sh$
39.47
36.73
36.32
38.38
37.32
36.10
37.91
33.09
30.94
33.45
65.40
(2.17%)
(2.49%)
—
62.90
FCF per share$
124.06
142.56
144.33
165.90
182.60
180.51
184.11
204.34
244.71
290.52
85.58
9.73%
10.18%
—
31.04
Dividend per sh$
146.79
158.98
181.17
173.84
183.18
184.81
205.20
202.70
233.69
229.51
100.52
4.61%
4.31%
—
17.38
Div yield (avg)%
21.28
19.99
20.80
20.64
21.39
24.17
22.73
23.15
21.09
22.77
5.47
22.77
21.33
33
24.01
Payout ratio%
15.39
16.68
15.43
16.09
18.38
20.70
21.61
18.84
20.83
20.92
20.91
20.83
18.61
7
154.6
Shares (diluted)B
202.5
206.5
203.4
240.3
287.9
330.2
318.7
326.5
364.2
359.5
155.4
4.55%
5.81%
76
2.77
Buyback yield%
27.43
25.07
22.91
24.55
26.20
25.46
24.06
26.84
27.29
25.84
27.51
25.84
25.65
43
1.783
D/E ratiox
1.313
1.509
1.652
1.674
1.933
2.192
2.383
2.287
2.297
2.318
0.480
2.297
2.063
24
1,611
Enterprise value$B
6,828
7,629
9,032
10,354
11,661
12,346
14,541
14,243
15,325
15,326
1,773
5.62%
10.20%
87
3,345
LT debt$B
1,717
1,642
1,485
1,532
1,433
1,533
1,501
1,293
1,214
1,301
1,937
(1.91%)
(2.35%)
83
Revenue
$14.10T
7.57%
1.00×
Cost of revenue
$6.502T
7.13%
0.96×
Operating expenses
$3.283T
8.32%
1.07×
Cash and investments
16.15%
Spread over hurdle
(7.57%)