0.619
Revenue£B
2.179
2.264
2.350
2.409
2.520
2.581
2.592
2.644
2.754
2.864
0.663
2.60%
3.19%
90
22.37
Revenue growth%
11.88
10.91
13.09
11.31
12.48
14.12
15.08
12.84
13.88
16.72
9.41
14.12
12.96
29
25.70
Gross margin%
21.68
20.61
22.70
25.43
23.06
22.30
20.01
17.49
19.28
17.47
27.43
19.28
21.15
77
10.96
Operating margin%
16.72
14.43
11.89
12.65
13.60
14.91
17.88
16.33
15.96
18.81
25.88
16.33
15.43
76
21.53
Net margin%
4.73
2.18
0.57
1.30
2.64
3.80
2.01
2.92
0.52
0.40
10.66
2.01
2.09
68
7.957
P/E ratio (avg)x
11.45
12.30
13.74
13.63
14.18
15.42
15.64
17.36
16.82
16.94
33.30
16.82
14.80
74
15.12
EV/EBITx
17.22
18.67
20.55
22.40
26.03
27.42
29.80
30.89
32.13
35.69
8.272
30.89
26.72
7
11.86
FCF yield (avg)%
30.91
31.16
32.47
34.51
36.45
37.65
39.73
42.48
42.59
41.85
16.45
41.85
37.05
6
6.23
FCF margin%
2.51
4.68
3.53
1.01
0.40
0.40
1.16
1.17
2.04
4.93
26.61
1.17
1.61
28
1.660
FCF / Net incomex
1.344
1.407
1.465
1.499
1.305
1.248
1.316
1.159
1.219
1.108
0.929
1.219
1.310
72
23.86
ROIC%
6.54
3.74
6.33
8.80
8.04
6.71
7.32
9.43
11.84
8.97
28.61
8.97
7.68
28
11.63
Return on equity%
19.80
19.55
22.29
19.72
20.64
18.11
18.53
19.21
20.80
23.03
28.82
19.21
19.76
25
5.89
Return on assets%
14.54
15.67
13.71
13.95
16.74
19.12
17.27
17.10
19.10
17.21
4.25
17.27
16.92
23
0.37
EPS£
1.03
0.96
1.05
0.96
0.86
0.77
0.75
0.73
0.79
0.84
0.41
(0.44%)
(3.22%)
—
26.71
EPS growth%
27.08
24.58
23.70
25.98
24.94
26.32
25.56
27.72
28.11
29.08
19.06
27.72
26.15
44
0.68
Bookvalue per sh£
1.18
1.26
1.35
1.37
1.22
1.27
1.31
1.17
1.20
1.07
1.64
(2.59%)
(0.52%)
—
1.70
FCF per share£
1.56
1.73
1.66
1.54
1.59
1.74
1.82
1.64
1.69
1.59
0.67
(0.01%)
1.24%
—
0.76
Dividend per sh£
1.01
1.12
1.15
1.29
1.33
1.49
1.56
1.45
1.53
1.72
1.05
5.26%
4.81%
—
14.59
Div yield (avg)%
10.06
11.78
13.25
11.87
11.77
11.23
10.80
10.41
9.03
7.01
22.76
10.41
11.01
42
23.63
Payout ratio%
17.82
20.44
18.54
16.04
17.93
20.72
18.02
18.50
17.14
14.16
4.12
18.02
17.97
59
274.3
Shares (diluted)M
362.6
364.5
361.2
373.3
377.4
426.5
492.3
528.9
509.3
496.1
273.8
5.62%
2.73%
53
6.70
Buyback yield%
0.40
0.40
2.16
3.20
2.44
1.71
1.32
1.08
2.63
0.81
12.95
1.32
1.51
17
1.395
D/E ratiox
0.780
0.896
0.995
1.168
1.359
1.579
1.544
1.713
1.931
2.243
1.733
1.713
1.452
84
0.782
Enterprise value£B
1.867
1.916
2.019
1.955
2.109
2.378
2.238
2.262
2.519
2.760
0.246
5.53%
4.06%
74
2.174
LT debt£B
1.736
1.592
1.600
1.675
1.645
1.650
1.794
1.944
2.155
2.085
1.201
4.86%
2.75%
58
Revenue
£2.864B
3.19%
1.00×
Cost of revenue
£2.005B
3.19%
1.00×
Operating expenses
£408.1M
3.98%
1.08×
Spread over hurdle
(2.17%)