2.035
Revenue£B
3.093
3.191
3.288
3.329
3.462
3.582
3.604
3.655
3.831
3.865
2.262
2.23%
2.70%
84
25.93
Revenue growth%
6.67
7.13
9.14
9.72
7.43
4.85
6.98
5.32
7.27
7.60
18.72
6.98
7.20
43
20.63
Gross margin%
21.40
18.88
16.34
16.53
16.81
15.16
17.78
19.98
20.12
17.67
9.71
17.78
17.73
60
2.65
Operating margin%
13.35
11.29
8.84
9.98
7.57
10.31
10.72
13.22
11.24
8.65
27.80
10.72
10.51
15
24.15
Net margin%
17.61
15.91
14.56
15.98
13.52
11.83
9.85
10.27
7.39
5.41
6.68
9.85
12.68
25
36.72
P/E ratio (avg)x
27.63
27.01
30.60
28.60
29.11
28.44
27.46
30.64
34.16
36.52
12.58
30.64
28.86
43
23.79
EV/EBITx
40.29
39.36
43.12
41.37
45.47
44.58
46.81
49.11
46.14
40.88
22.79
46.14
43.85
66
20.06
FCF yield (avg)%
11.70
9.71
6.82
6.59
9.47
7.07
8.08
5.74
5.12
6.69
8.16
6.69
6.95
87
4.47
FCF margin%
6.50
4.73
1.96
3.30
3.48
0.66
0.65
0.40
0.91
1.74
2.97
0.66
1.85
86
0.851
FCF / Net incomex
0.337
0.289
0.312
0.308
0.312
0.327
0.338
0.362
0.390
0.378
0.307
0.362
0.332
80
20.36
ROIC%
11.31
13.64
14.82
14.10
14.25
11.58
13.13
14.52
15.45
14.68
3.79
14.52
14.18
25
10.16
Return on equity%
23.20
21.09
21.15
21.99
23.48
23.66
21.46
21.54
22.26
24.77
18.13
22.26
22.12
75
29.26
Return on assets%
26.73
24.32
25.97
26.97
29.80
32.12
31.97
31.63
28.88
30.36
2.55
31.63
29.34
73
3.21
EPS£
5.72
6.02
5.60
5.28
4.90
5.14
5.10
4.69
5.03
5.55
3.41
2.53%
0.40%
—
10.04
EPS growth%
21.60
18.80
20.11
17.50
19.84
21.53
23.62
23.59
20.61
22.53
12.81
22.53
21.07
33
4.14
Bookvalue per sh£
4.58
4.41
4.50
4.15
4.40
3.98
3.67
3.57
3.66
3.50
4.77
(4.46%)
(3.51%)
—
4.65
FCF per share£
8.33
8.71
8.33
8.04
7.66
8.15
9.50
10.09
10.61
11.66
1.28
8.77%
4.80%
—
2.54
Dividend per sh£
5.55
6.10
6.04
5.89
5.87
6.39
7.45
7.79
8.00
9.11
2.57
9.21%
4.73%
—
13.18
Div yield (avg)%
13.96
14.95
13.26
10.97
11.87
13.23
12.57
12.10
13.49
13.67
3.31
13.23
13.25
35
8.74
Payout ratio%
31.58
33.65
32.63
31.62
33.85
36.53
38.05
40.24
39.94
39.65
16.07
39.65
35.19
90
156.9
Shares (diluted)M
136.1
126.0
118.0
108.0
120.3
111.2
101.7
98.06
103.4
97.97
152.4
(4.02%)
(3.25%)
6
26.54
Buyback yield%
21.62
23.99
23.78
21.36
24.08
21.16
18.45
19.87
17.41
14.77
5.37
18.45
21.26
63
0.315
D/E ratiox
1.133
1.231
1.153
1.213
1.152
1.158
1.262
1.432
1.334
1.443
1.089
1.334
1.222
16
2.486
Enterprise value£B
0.290
0.290
0.277
0.304
0.299
0.298
0.312
0.315
0.292
0.291
1.725
(0.54%)
(1.01%)
56
3.170
LT debt£B
0.978
1.046
0.935
0.963
0.889
0.892
0.941
0.904
0.930
0.799
2.279
(2.12%)
(1.75%)
45
Revenue
£3.865B
2.70%
1.00×
Cost of revenue
£2.531B
2.90%
1.02×
Operating expenses
£709.2M
2.36%
0.97×
Cash and investments
16.21%
Spread over hurdle
24.56%