1.918
Revenue$B
2.400
2.519
2.662
2.828
2.998
3.204
3.465
3.722
3.945
4.153
1.995
6.73%
6.37%
14
22.74
Revenue growth%
30.97
29.81
30.68
32.17
31.01
28.35
27.36
25.11
26.43
27.56
4.84
27.36
29.08
84
11.90
Gross margin%
22.24
22.57
22.03
20.59
23.44
21.08
19.19
17.59
15.72
18.11
28.80
18.11
20.84
93
21.77
Operating margin%
22.04
20.64
20.87
18.86
20.36
20.64
18.50
19.34
17.83
15.31
11.50
18.50
19.85
82
8.77
Net margin%
25.89
26.77
24.32
26.06
26.88
26.96
25.06
23.64
25.20
26.66
12.97
25.20
25.97
70
7.631
P/E ratio (avg)x
15.60
15.20
14.05
13.34
13.77
14.77
14.60
14.63
13.43
12.50
34.72
14.60
14.32
85
22.07
EV/EBITx
40.50
39.94
44.96
44.10
48.56
53.60
60.49
58.54
62.67
62.83
19.58
60.49
51.08
94
7.95
FCF yield (avg)%
24.36
26.01
26.51
29.37
28.25
27.97
26.97
27.32
24.88
21.91
23.05
26.97
26.74
36
3.74
FCF margin%
23.61
26.50
24.56
25.01
27.90
29.26
26.63
23.66
23.17
20.82
6.49
23.66
24.78
59
1.288
FCF / Net incomex
1.958
2.100
2.488
2.957
3.011
3.054
3.236
3.276
3.346
3.280
0.896
3.276
3.032
84
11.71
ROIC%
13.77
16.13
14.48
14.19
13.64
10.92
9.89
7.88
7.59
6.13
19.27
7.88
12.28
56
19.65
Return on equity%
25.31
24.21
26.56
25.71
24.50
22.26
23.62
25.73
26.81
24.81
11.60
24.81
25.06
31
2.40
Return on assets%
6.66
8.42
6.82
7.68
7.15
7.50
9.25
8.08
5.88
4.66
8.08
7.50
7.33
73
8.13
EPS$
4.99
5.08
4.87
4.67
4.40
4.49
4.67
5.33
5.78
6.27
8.72
7.33%
2.56%
—
16.97
EPS growth%
6.97
4.54
2.26
0.58
0.80
1.68
2.91
4.01
5.77
5.90
16.37
4.01
3.46
57
5.11
Bookvalue per sh$
8.46
8.51
7.80
7.51
7.69
6.91
6.53
6.19
5.88
5.45
8.36
(6.66%)
(4.63%)
—
5.52
FCF per share$
2.69
2.95
3.24
3.61
4.15
3.91
3.74
3.96
4.42
4.77
6.24
2.84%
6.89%
—
2.64
Dividend per sh$
5.04
4.44
4.54
4.59
4.61
4.23
4.45
4.93
4.55
4.38
6.49
(1.02%)
(2.23%)
—
15.56
Div yield (avg)%
19.29
20.92
22.06
19.88
20.75
19.70
21.81
19.16
16.64
16.67
29.69
19.16
19.79
79
28.89
Payout ratio%
12.92
11.24
9.08
9.38
7.11
7.63
7.38
8.23
7.63
6.26
17.59
7.63
7.93
61
328.2
Shares (diluted)M
406.7
435.3
456.9
472.6
460.7
504.4
534.5
593.5
585.3
610.7
343.5
5.80%
4.00%
22
4.55
Buyback yield%
27.93
30.04
29.69
27.61
25.69
26.13
28.08
26.75
24.02
26.74
25.23
26.74
27.18
76
0.912
D/E ratiox
1.323
1.302
1.293
1.381
1.349
1.215
1.346
1.266
1.359
1.448
0.854
1.346
1.334
11
0.882
Enterprise value$B
2.763
2.686
2.519
2.404
2.175
1.953
2.039
2.024
1.926
1.951
3.347
(2.16%)
(4.32%)
68
2.587
LT debt$B
0.185
0.167
0.176
0.158
0.167
0.153
0.167
0.181
0.200
0.199
1.224
3.60%
(0.06%)
93
Revenue
$4.153B
6.37%
1.00×
Cost of revenue
$2.743B
6.66%
1.03×
Operating expenses
$767.0M
5.92%
0.96×
Property and equipment
16.46%
Spread over hurdle
(12.65%)