0.270
Revenue$B
2.988
3.233
3.501
3.651
3.907
4.070
4.216
4.497
4.670
5.008
0.296
5.09%
5.72%
80
14.72
Revenue growth%
18.89
17.30
19.23
18.65
16.63
15.56
16.96
16.84
17.66
15.17
18.72
16.84
17.13
65
27.29
Gross margin%
20.49
22.67
20.97
20.26
23.18
20.86
17.88
15.51
17.91
18.66
19.58
17.91
20.37
22
14.82
Operating margin%
13.08
14.07
14.57
11.84
12.76
11.62
12.56
12.39
12.24
11.74
16.31
12.24
12.47
33
18.42
Net margin%
25.44
22.96
22.61
23.97
25.04
25.17
25.35
25.95
23.81
22.05
9.24
25.17
24.51
26
30.82
P/E ratio (avg)x
19.35
19.90
17.76
18.88
18.91
17.27
17.67
18.10
19.35
17.81
37.97
17.81
18.49
11
11.79
EV/EBITx
18.38
18.49
20.32
18.77
20.61
19.59
18.52
18.79
19.12
21.98
7.772
19.12
18.96
61
24.95
FCF yield (avg)%
25.70
22.87
24.52
23.39
25.69
27.09
27.71
28.08
27.51
30.27
15.08
27.71
26.40
15
10.01
FCF margin%
25.68
26.92
29.41
31.41
30.33
32.71
31.74
28.75
28.86
29.18
20.12
29.18
29.29
25
0.206
FCF / Net incomex
2.105
2.315
2.670
2.973
3.353
3.549
3.525
3.845
4.477
4.352
0.900
3.845
3.439
32
17.26
ROIC%
22.90
24.72
27.08
26.52
29.44
27.38
28.65
28.73
26.76
25.56
2.01
27.38
26.92
40
9.18
Return on equity%
28.58
28.36
30.50
30.26
28.50
30.21
32.08
34.86
37.60
38.43
20.77
34.86
30.38
27
7.88
Return on assets%
3.13
5.33
2.87
0.40
0.40
0.40
0.40
0.40
0.40
3.35
21.48
0.40
0.40
24
12.97
EPS$
25.39
23.99
26.60
29.70
29.83
26.62
29.93
29.29
30.49
31.30
13.69
0.97%
2.70%
—
17.86
EPS growth%
0.40
1.19
0.98
0.40
0.83
3.14
0.53
2.75
4.40
3.51
10.88
3.14
1.09
88
19.40
Bookvalue per sh$
36.76
37.11
42.99
51.76
58.13
64.20
73.78
78.72
79.90
81.86
26.88
7.09%
10.11%
—
21.04
FCF per share$
6.02
5.85
6.12
6.01
5.52
5.68
6.22
6.29
6.20
5.70
26.50
0.64%
(0.25%)
—
24.23
Dividend per sh$
24.14
23.33
23.92
26.77
28.52
32.33
34.32
38.01
38.76
41.03
17.19
7.55%
5.58%
—
5.73
Div yield (avg)%
20.84
21.67
23.50
22.38
22.67
19.95
22.07
19.52
19.89
21.87
24.38
19.95
21.77
15
4.51
Payout ratio%
30.74
32.29
32.26
35.13
37.76
37.82
40.10
40.08
42.05
40.48
24.71
40.10
37.79
22
104.1
Shares (diluted)M
82.06
76.72
80.23
81.29
79.48
73.43
65.25
63.12
54.92
50.04
101.9
(8.84%)
(5.38%)
15
6.09
Buyback yield%
14.52
14.30
12.84
12.17
9.53
10.21
7.86
9.90
7.58
5.73
17.73
7.86
10.06
9
0.704
D/E ratiox
0.784
0.784
0.776
0.788
0.810
0.808
0.877
0.998
1.119
1.189
0.588
0.998
0.809
10
4.487
Enterprise value$B
5.118
5.528
6.097
6.320
6.119
6.634
6.787
7.408
8.268
8.121
2.117
5.83%
5.17%
84
2.678
LT debt$B
2.486
2.817
2.562
2.495
2.421
2.230
2.437
2.779
2.863
2.844
3.258
3.27%
1.94%
78
Revenue
$5.008B
5.72%
1.00×
Cost of revenue
$3.506B
5.72%
1.00×
Operating expenses
$1.062B
5.35%
0.97×
Cash and investments
19.82%
Goodwill & intangibles
19.35%
Spread over hurdle
(1.61%)