1.629
Revenue$B
3.500
3.517
3.573
3.555
3.590
3.719
3.740
3.761
3.811
3.914
1.778
1.74%
1.26%
41
27.96
Revenue growth%
29.23
29.58
27.59
28.15
29.54
27.78
30.40
31.91
33.45
35.63
13.27
31.91
29.56
69
21.22
Gross margin%
16.72
16.85
19.03
17.26
18.98
16.36
18.87
18.26
15.38
16.29
4.57
16.36
17.06
86
8.67
Operating margin%
20.51
22.24
25.01
24.26
26.55
28.40
29.49
29.17
28.75
31.25
19.79
29.17
27.47
45
18.77
Net margin%
23.28
20.99
20.58
19.60
21.38
19.23
17.28
19.15
20.51
18.31
20.34
19.15
20.05
62
26.91
P/E ratio (avg)x
14.86
17.28
17.85
18.24
18.07
19.16
20.95
24.03
27.69
29.73
6.375
24.03
18.70
56
34.15
EV/EBITx
9.862
9.145
8.258
8.267
8.995
8.838
8.343
7.720
7.112
7.600
20.72
7.720
8.305
63
4.04
FCF yield (avg)%
15.45
15.12
12.82
11.97
9.39
7.75
5.84
5.68
4.04
2.83
24.45
5.68
8.57
59
18.03
FCF margin%
14.58
13.58
11.55
9.46
10.13
11.75
13.55
13.16
13.15
13.51
8.34
13.16
13.15
43
0.242
FCF / Net incomex
2.036
2.064
2.325
2.606
2.856
3.016
2.994
3.119
2.878
3.200
1.167
3.016
2.867
11
21.34
ROIC%
18.16
20.35
17.73
18.73
19.92
18.76
21.52
21.84
22.47
21.84
21.16
21.84
20.14
26
23.87
Return on equity%
13.26
11.92
12.67
12.82
13.35
11.02
11.41
11.68
12.85
11.82
2.53
11.68
12.29
60
11.83
Return on assets%
6.57
7.59
8.00
10.96
13.96
13.11
13.23
16.18
19.04
16.87
6.29
16.18
13.17
44
3.45
EPS$
1.55
1.67
1.61
1.77
1.90
2.08
2.45
2.41
2.35
2.66
3.66
6.95%
5.28%
—
25.96
EPS growth%
30.20
29.38
30.53
31.12
31.71
29.89
28.50
31.19
31.09
32.35
2.27
31.09
30.81
6
1.27
Bookvalue per sh$
4.19
3.82
4.10
4.57
5.11
4.77
4.61
5.09
4.73
4.47
4.43
(2.64%)
1.24%
—
3.64
FCF per share$
4.46
4.77
5.52
6.01
6.25
7.02
8.31
8.29
9.17
10.23
3.20
10.34%
8.22%
—
1.29
Dividend per sh$
5.49
6.16
6.87
6.93
7.18
8.02
8.06
9.39
10.36
10.44
2.48
7.77%
7.43%
—
11.99
Div yield (avg)%
11.75
13.82
16.30
15.97
16.17
17.39
15.25
13.13
14.25
12.80
4.70
14.25
14.75
10
19.66
Payout ratio%
14.73
14.11
11.79
11.30
9.63
11.05
14.01
11.33
8.68
10.80
23.92
11.05
11.31
12
170.6
Shares (diluted)M
162.2
151.3
144.3
135.8
128.1
141.7
124.6
130.0
118.6
109.0
169.6
(3.18%)
(5.16%)
38
24.60
Buyback yield%
13.68
14.76
17.01
17.94
17.37
16.50
16.83
18.72
18.92
21.21
12.80
18.72
17.19
16
0.438
D/E ratiox
1.120
1.030
1.061
1.123
1.137
1.126
1.028
1.006
0.978
0.989
0.736
1.006
1.046
36
3.533
Enterprise value$B
0.191
0.175
0.164
0.152
0.161
0.153
0.161
0.157
0.165
0.156
3.322
(0.75%)
(0.95%)
67
1.604
LT debt$B
1.554
1.668
1.734
1.756
1.909
1.845
1.889
1.884
1.828
1.691
3.289
(2.39%)
1.37%
52
Revenue
$3.914B
1.26%
1.00×
Cost of revenue
$2.740B
1.26%
1.00×
Operating expenses
$736.0M
0.66%
0.94×
Cash and investments
19.04%
Spread over hurdle
(9.49%)