6,289
Revenue$B
6,843
7,309
7,876
8,538
9,361
9,895
10,503
11,540
12,643
13,546
6,825
7.67%
7.87%
60
2.90
Revenue growth%
24.11
26.80
26.15
27.47
28.62
26.51
27.18
28.61
29.50
30.76
10.35
28.61
27.33
95
25.97
Gross margin%
21.47
23.94
21.84
22.10
22.30
24.01
26.80
25.81
26.41
28.54
7.00
26.41
23.98
15
16.35
Operating margin%
28.31
30.76
28.43
26.91
26.23
27.60
27.10
24.92
22.22
23.80
24.01
24.92
27.01
59
28.80
Net margin%
2.44
0.40
0.40
1.32
3.61
3.58
5.33
6.26
4.84
5.42
13.25
5.33
3.60
87
15.63
P/E ratio (avg)x
15.11
14.64
14.94
13.44
13.60
14.62
15.62
14.25
12.22
12.96
32.53
14.25
14.44
32
33.52
EV/EBITx
20.91
24.38
23.63
24.27
24.52
27.90
26.56
26.07
30.19
31.90
37.61
27.90
25.30
34
9.04
FCF yield (avg)%
19.21
17.83
16.88
16.82
14.01
16.09
15.01
16.85
19.28
16.60
11.58
16.60
16.83
33
18.62
FCF margin%
22.80
20.78
22.03
22.05
20.95
19.15
16.35
16.83
18.87
17.80
3.41
17.80
19.97
75
0.234
FCF / Net incomex
1.317
1.332
1.315
1.472
1.539
1.579
1.562
1.591
1.626
1.760
1.402
1.591
1.551
48
8.08
ROIC%
9.06
8.29
10.29
10.44
11.24
11.17
8.98
10.77
9.65
10.53
27.93
10.53
10.37
60
28.50
Return on equity%
14.89
17.63
15.35
16.21
18.16
18.13
15.32
14.90
12.86
15.71
7.39
15.32
15.53
23
18.03
Return on assets%
11.39
12.42
10.91
12.33
12.92
14.65
15.10
17.05
17.76
17.96
10.99
17.05
13.78
69
484.89
EPS$
855.37
838.76
907.64
1,025
1,075
1,081
1,136
1,182
1,298
1,420
512.26
5.73%
6.44%
—
16.34
EPS growth%
12.75
13.44
11.55
11.62
10.66
11.72
13.92
16.08
18.14
17.90
25.87
16.08
13.10
79
308.31
Bookvalue per sh$
808.23
831.11
983.66
1,063
1,052
1,084
1,131
1,208
1,202
1,247
499.35
3.45%
5.85%
—
364.17
FCF per share$
591.61
553.06
557.32
579.04
622.19
662.66
652.93
738.40
740.59
742.52
316.54
3.60%
3.20%
—
553.16
Dividend per sh$
561.28
564.08
502.81
463.56
445.86
463.05
470.96
525.14
542.31
527.56
450.53
3.42%
(1.85%)
—
23.50
Div yield (avg)%
12.90
12.25
10.29
10.77
11.70
9.99
9.85
10.67
11.20
13.86
16.92
10.67
10.98
80
11.04
Payout ratio%
19.71
19.58
22.34
24.88
27.68
28.78
29.63
31.10
31.30
32.80
19.34
31.10
28.23
30
10.31
Shares (diluted)B
11.49
11.71
11.31
10.77
12.21
11.08
11.33
11.98
12.28
12.58
10.55
0.59%
0.70%
81
12.44
Buyback yield%
12.87
10.89
10.02
7.64
5.95
4.64
3.36
3.99
3.90
4.14
8.34
3.99
5.30
69
0.556
D/E ratiox
0.818
0.935
0.971
1.062
1.167
1.313
1.444
1.708
1.949
2.150
0.262
1.708
1.240
9
9,420
Enterprise value$B
3,954
4,001
4,580
4,491
4,499
5,154
4,942
5,470
5,668
6,564
7,429
7.85%
5.15%
63
8,511
LT debt$B
755.7
706.6
665.0
691.6
685.3
672.4
679.5
707.8
661.7
631.2
609.9
(1.63%)
(1.76%)
74
Revenue
$13.55T
7.87%
1.00×
Cost of revenue
$6.314T
7.87%
1.00×
Operating expenses
$3.302T
7.81%
0.99×
Property and equipment
17.92%
Spread over hurdle
(3.28%)