2.337
Revenue£B
1.990
2.119
2.261
2.467
2.654
2.822
3.099
3.307
3.536
2.496
2.445
7.47%
7.40%
90
22.98
Revenue growth%
17.56
16.40
16.25
18.35
20.28
18.32
15.48
17.06
14.09
20.02
4.10
17.06
17.09
55
25.88
Gross margin%
23.68
26.25
25.68
22.96
24.77
23.00
21.04
20.93
23.22
16.92
20.87
23.00
23.11
83
17.16
Operating margin%
13.96
15.98
13.41
16.37
17.43
17.30
15.13
16.90
13.94
25.53
4.69
16.90
16.18
26
28.37
Net margin%
18.95
17.52
19.40
20.01
21.78
24.49
26.81
29.03
26.42
28.29
26.78
26.42
20.89
28
33.32
P/E ratio (avg)x
14.84
14.60
14.86
16.42
16.35
18.83
21.20
20.04
23.42
14.91
23.54
20.04
16.38
86
7.166
EV/EBITx
12.11
13.01
11.39
11.50
12.35
10.87
10.62
10.26
11.21
34.26
31.57
10.87
11.44
6
11.16
FCF yield (avg)%
8.51
7.44
10.27
9.85
9.92
11.65
9.00
11.43
10.46
19.09
29.57
10.46
10.10
7
18.68
FCF margin%
7.18
6.66
5.24
6.72
9.26
10.95
9.05
7.33
7.50
15.95
27.83
9.05
7.26
16
0.368
FCF / Net incomex
2.946
2.991
3.578
4.009
4.668
4.617
4.704
5.547
6.064
1.744
0.601
4.704
4.313
52
13.68
ROIC%
0.40
2.07
2.23
2.24
2.05
4.65
2.66
3.76
1.14
14.02
29.50
2.66
2.15
35
12.10
Return on equity%
28.94
28.08
31.06
31.12
31.41
28.83
26.50
27.51
25.22
5.61
7.65
27.51
28.89
38
13.46
Return on assets%
12.34
13.14
12.35
13.14
11.17
12.38
11.05
11.75
9.58
5.49
14.94
11.17
12.34
75
1.65
EPS£
2.33
2.43
2.88
3.06
3.48
3.47
3.47
4.00
4.14
1.73
1.81
6.25%
7.24%
—
28.96
EPS growth%
24.63
27.03
29.26
32.19
32.50
34.48
36.77
38.26
36.47
15.17
7.44
36.47
32.34
41
1.06
Bookvalue per sh£
0.55
0.61
0.64
0.71
0.79
0.86
0.89
0.93
1.04
1.26
1.36
8.07%
5.76%
—
1.00
FCF per share£
1.46
1.27
1.39
1.25
1.34
1.19
1.11
1.16
1.15
1.48
0.82
(1.69%)
(3.07%)
—
1.41
Dividend per sh£
0.47
0.46
0.50
0.49
0.52
0.54
0.49
0.50
0.51
0.54
0.61
1.13%
1.90%
—
12.26
Div yield (avg)%
28.74
28.32
27.88
25.92
28.01
25.65
27.70
30.65
33.16
21.80
28.99
28.01
28.17
69
23.91
Payout ratio%
15.36
14.00
11.54
12.34
11.02
10.32
11.15
10.53
10.21
29.62
11.10
10.53
11.35
28
874.1
Shares (diluted)M
760.9
794.7
762.4
780.9
736.6
716.0
716.8
672.2
724.5
923.4
876.7
(1.49%)
(0.21%)
34
25.64
Buyback yield%
28.71
26.82
26.41
27.98
30.59
31.29
31.10
29.96
30.64
20.64
26.92
30.64
29.34
33
1.285
D/E ratiox
1.912
1.742
1.682
1.494
1.369
1.389
1.494
1.543
1.451
0.496
0.752
1.451
1.518
15
2.048
Enterprise value£B
2.816
3.282
3.446
3.655
3.516
3.858
4.010
4.611
4.374
2.756
1.977
3.65%
5.50%
14
0.693
LT debt£B
2.511
2.442
2.189
2.359
2.154
1.996
2.121
2.045
2.178
0.970
0.261
(1.58%)
(0.94%)
27
Revenue
£3.536B
7.40%
1.00×
Cost of revenue
£1.983B
7.49%
1.01×
Operating expenses
£824.9M
7.28%
0.99×
Goodwill & intangibles
16.13%
Cash and investments
15.12%
Spread over hurdle
39.34%