305.1
Revenue$B
886.6
911.6
923.2
929.9
949.9
952.2
940.0
957.9
947.5
972.3
326.9
0.47%
1.06%
77
11.20
Revenue growth%
4.26
6.09
5.69
4.47
6.66
7.04
7.74
6.99
5.10
4.68
10.78
6.99
5.89
8
21.21
Gross margin%
23.23
21.19
23.44
24.96
25.08
24.89
26.24
28.63
28.95
27.79
12.63
27.79
25.02
88
19.58
Operating margin%
19.52
18.67
18.94
17.29
18.56
20.28
18.74
16.87
14.60
14.03
14.47
16.87
18.61
41
4.87
Net margin%
28.14
29.43
29.86
28.13
28.38
26.77
25.03
27.22
26.38
28.55
18.50
26.77
28.13
11
22.79
P/E ratio (avg)x
51.76
54.88
62.42
60.95
69.75
79.88
86.27
80.22
89.81
85.57
34.05
85.57
74.81
94
35.37
EV/EBITx
27.31
30.63
31.01
34.58
34.76
32.89
32.84
31.07
30.64
33.01
19.28
32.84
31.96
43
28.84
FCF yield (avg)%
19.71
19.98
17.09
14.98
16.48
18.52
19.35
19.00
21.40
19.70
5.86
19.35
19.17
21
19.67
FCF margin%
24.14
26.63
23.78
26.58
27.21
26.81
27.55
29.83
29.73
29.47
25.22
29.47
27.01
22
1.037
FCF / Net incomex
0.890
0.816
0.823
0.848
0.871
0.922
0.898
0.782
0.790
0.809
0.301
0.809
0.836
91
18.92
ROIC%
9.36
7.68
9.62
9.55
10.89
12.64
14.82
13.35
12.67
13.67
5.67
13.35
11.76
10
27.01
Return on equity%
16.07
15.12
12.24
10.23
9.80
10.08
12.27
12.61
10.19
9.93
22.62
10.19
11.24
71
3.18
Return on assets%
17.25
17.42
18.29
19.43
17.82
15.39
14.10
15.33
13.27
12.04
8.01
14.10
16.32
14
1,518
EPS$
2,223
2,175
2,021
2,148
2,277
2,495
2,768
2,770
2,749
2,765
1,634
3.96%
3.70%
—
28.84
EPS growth%
20.47
21.23
19.00
19.00
17.15
19.47
21.09
20.20
18.68
19.11
29.37
19.47
19.29
80
1,296
Bookvalue per sh$
1,130
1,087
1,060
1,044
1,028
1,066
1,080
1,169
1,163
1,270
1,927
4.31%
0.66%
—
936.83
FCF per share$
1,209
1,177
1,211
1,231
1,224
1,263
1,228
1,233
1,364
1,340
1,012
1.84%
2.05%
—
945.40
Dividend per sh$
2,040
2,004
1,953
1,954
1,830
2,026
1,980
2,167
2,396
2,528
911.02
6.67%
2.46%
—
25.63
Div yield (avg)%
23.08
21.27
18.45
19.75
18.39
19.16
20.85
23.46
24.55
26.35
15.25
23.46
21.06
83
18.10
Payout ratio%
3.58
5.77
6.12
7.72
5.05
4.51
6.31
3.59
6.04
9.02
24.37
6.04
5.90
58
378.8
Shares (diluted)M
322.9
334.9
309.1
268.4
267.7
275.9
298.2
325.0
324.8
290.3
380.3
1.64%
(2.00%)
6
29.02
Buyback yield%
17.31
16.43
18.77
19.20
20.28
18.54
18.32
20.52
22.52
25.29
18.71
20.52
18.99
90
0.352
D/E ratiox
0.775
0.824
0.828
0.806
0.770
0.723
0.646
0.638
0.667
0.661
0.577
0.661
0.746
53
59.06
Enterprise value$B
312.9
364.4
415.0
449.0
475.0
450.1
477.0
464.2
528.8
582.9
419.2
4.18%
6.78%
89
777.0
LT debt$B
455.7
448.6
420.5
432.4
388.9
337.7
333.4
292.9
251.9
235.4
477.6
(9.55%)
(7.69%)
22
Revenue
$972.3B
1.06%
1.00×
Cost of revenue
$656.4B
1.41%
1.03×
Operating expenses
$148.8B
0.39%
0.94×
Goodwill & intangibles
16.09%
Spread over hurdle
(16.76%)