1,165
Revenue$B
4,712
4,896
5,194
5,379
5,562
5,734
6,124
6,549
6,897
7,101
1,278
5.01%
4.42%
46
13.42
Revenue growth%
23.16
25.67
28.10
27.93
27.86
30.79
31.83
31.38
31.26
32.29
3.70
31.38
29.44
75
17.58
Gross margin%
9.74
10.87
9.07
10.94
8.85
7.36
9.70
10.49
13.45
12.28
23.42
10.49
10.12
17
15.71
Operating margin%
16.83
16.45
17.97
20.20
17.93
15.40
13.43
15.27
12.77
14.22
18.16
14.22
15.92
90
11.76
Net margin%
7.56
7.71
8.42
8.29
5.63
7.25
5.32
2.86
4.68
6.62
15.25
5.32
6.93
22
10.76
P/E ratio (avg)x
10.91
10.18
9.317
8.031
8.713
7.457
6.554
5.833
5.165
4.583
34.51
5.833
7.744
35
11.22
EV/EBITx
21.27
19.66
22.49
20.75
21.43
21.53
20.50
19.80
22.75
24.93
16.31
21.53
21.35
21
18.81
FCF yield (avg)%
25.30
23.03
23.42
26.32
23.90
24.96
22.34
25.24
28.24
30.63
23.93
25.24
25.10
29
15.60
FCF margin%
14.68
13.76
11.78
10.97
9.11
10.75
8.19
6.10
7.86
9.34
27.60
8.19
10.04
70
1.542
FCF / Net incomex
1.392
1.518
1.780
2.028
2.061
2.290
2.682
3.091
3.428
3.926
1.361
3.091
2.176
12
21.89
ROIC%
28.94
31.75
34.14
35.49
34.57
34.94
33.04
31.44
33.43
31.39
22.93
33.04
33.24
30
27.22
Return on equity%
7.60
7.06
9.37
8.14
5.55
8.33
6.26
5.06
5.95
6.84
26.35
6.26
6.95
54
11.79
Return on assets%
20.65
17.79
17.42
17.72
20.18
19.71
17.14
16.88
17.73
15.36
2.81
17.14
17.73
28
279.38
EPS$
485.64
490.28
547.64
559.10
614.02
640.26
700.48
675.42
703.02
772.05
302.18
4.69%
4.76%
—
26.88
EPS growth%
9.18
12.16
13.82
15.33
13.27
13.95
11.82
14.40
16.23
18.09
6.36
14.40
13.88
55
397.85
Bookvalue per sh$
1,572
1,590
1,675
1,851
2,174
2,491
2,593
2,922
3,266
3,639
1,048
10.85%
9.81%
—
518.97
FCF per share$
846.11
881.55
785.93
811.75
842.23
848.09
794.92
804.32
779.34
798.58
185.83
(1.06%)
(1.10%)
—
839.13
Dividend per sh$
574.69
651.86
619.86
700.45
827.80
808.89
913.30
867.32
911.01
1,013
741.05
4.12%
6.59%
—
10.28
Div yield (avg)%
16.81
18.01
15.43
13.63
14.43
15.21
15.09
15.51
17.26
17.39
14.45
15.51
15.47
75
18.92
Payout ratio%
28.15
30.69
31.75
31.87
30.35
30.10
28.36
28.69
27.21
25.25
27.89
28.36
29.39
21
5.319
Shares (diluted)B
8.203
8.049
9.324
9.929
9.733
10.27
10.72
12.47
11.84
12.63
5.526
5.35%
4.78%
44
17.59
Buyback yield%
13.45
11.08
10.99
10.80
9.28
9.05
11.67
11.75
12.01
13.06
10.69
11.75
11.38
81
0.305
D/E ratiox
1.137
1.261
1.205
1.180
1.372
1.295
1.353
1.475
1.648
1.762
1.632
1.475
1.324
42
6,326
Enterprise value$B
10,018
11,762
12,680
12,158
13,163
12,640
12,957
12,845
12,720
14,144
1,117
1.45%
3.50%
91
2,945
LT debt$B
2,617
2,693
2,585
2,347
2,351
2,417
2,368
2,292
2,457
2,516
4,309
1.37%
(1.18%)
62
Revenue
$7.101T
4.42%
1.00×
Cost of revenue
$4.740T
4.35%
0.99×
Operating expenses
$1.456T
4.06%
0.97×
Goodwill & intangibles
14.23%
Spread over hurdle
(7.79%)