2.049
Revenue£B
2.703
2.841
3.049
3.217
3.345
3.577
3.856
4.016
4.188
4.343
2.167
5.36%
5.35%
93
11.43
Revenue growth%
21.05
22.90
22.61
21.78
23.04
25.65
28.17
31.07
29.57
32.26
29.62
29.57
24.34
52
20.04
Gross margin%
19.86
22.46
19.66
20.52
21.21
19.03
21.75
19.20
20.48
18.42
13.88
19.20
20.17
95
19.81
Operating margin%
4.20
3.32
0.64
1.99
2.03
3.46
3.10
5.14
6.89
9.33
14.92
5.14
3.39
14
29.05
Net margin%
26.33
28.62
29.80
31.12
31.90
29.54
28.94
26.09
26.27
24.85
10.84
26.27
28.78
48
12.74
P/E ratio (avg)x
22.99
23.77
24.49
22.92
22.19
20.94
22.63
20.45
22.77
25.58
28.06
22.63
22.85
73
31.42
EV/EBITx
10.58
11.49
12.21
11.65
12.70
12.83
12.37
11.60
12.73
12.03
36.43
12.37
12.12
73
13.41
FCF yield (avg)%
23.78
22.14
20.17
20.44
18.09
19.31
17.58
16.62
18.80
16.64
3.52
17.58
19.05
45
12.32
FCF margin%
18.89
21.23
23.31
22.00
21.39
22.83
20.40
21.41
20.87
23.45
7.10
21.41
21.40
36
0.339
FCF / Net incomex
0.563
0.555
0.541
0.463
0.407
0.347
0.333
0.328
0.335
0.353
1.524
0.335
0.380
43
10.38
ROIC%
15.55
14.87
12.08
10.13
8.64
10.97
12.51
12.72
11.90
11.82
15.60
11.90
11.99
94
9.79
Return on equity%
10.40
12.56
11.39
8.46
10.50
12.20
9.73
11.60
9.89
12.49
26.19
11.60
10.94
80
7.29
Return on assets%
26.82
28.42
28.84
29.02
26.13
28.99
30.41
32.29
33.26
33.53
10.88
32.29
29.00
51
0.50
EPS£
1.92
2.10
2.01
2.09
2.30
2.48
2.80
2.62
2.83
3.23
0.52
6.98%
5.89%
—
8.72
EPS growth%
18.53
21.24
23.93
25.40
26.10
25.32
26.62
26.12
24.53
22.85
23.86
25.32
24.92
27
1.87
Bookvalue per sh£
1.13
1.17
1.21
1.19
1.39
1.61
1.78
1.97
1.96
2.25
0.31
10.16%
8.63%
—
0.70
FCF per share£
2.46
2.76
2.93
2.81
3.13
3.30
3.52
3.95
3.77
4.48
0.28
7.40%
6.64%
—
1.40
Dividend per sh£
3.00
3.06
3.19
3.83
4.47
4.75
4.77
5.15
6.09
6.72
1.23
8.51%
10.06%
—
23.33
Div yield (avg)%
25.48
27.44
25.19
25.90
23.50
25.26
26.42
24.56
26.01
28.13
18.12
26.01
25.69
54
7.92
Payout ratio%
30.66
33.26
34.03
34.53
34.07
34.61
34.46
37.23
36.84
34.82
7.67
34.82
34.49
20
1.358
Shares (diluted)B
1.310
1.374
1.548
1.736
1.659
1.674
1.552
1.656
1.880
2.005
1.388
3.86%
4.87%
9
6.37
Buyback yield%
23.20
22.93
25.67
24.73
26.32
28.58
26.03
28.67
31.56
33.45
9.11
28.67
26.18
39
1.756
D/E ratiox
2.106
2.312
2.444
2.571
2.454
2.682
2.816
2.975
2.916
2.818
1.209
2.818
2.626
16
1.065
Enterprise value£B
2.653
3.030
2.857
3.291
3.746
3.475
3.871
3.573
3.989
4.460
1.419
3.55%
6.45%
53
1.513
LT debt£B
1.612
1.709
1.777
1.795
2.035
2.051
2.050
2.446
2.423
2.856
2.941
7.02%
6.00%
89
Revenue
£4.343B
5.35%
1.00×
Cost of revenue
£2.659B
5.14%
0.98×
Operating expenses
£972.5M
5.69%
1.03×
Spread over hurdle
(6.06%)