2.254
Revenue$B
2.121
2.158
2.276
2.340
2.397
2.518
2.608
2.751
2.794
2.894
2.393
3.84%
3.36%
41
26.19
Revenue growth%
21.59
19.94
18.59
15.63
13.15
11.09
8.83
8.62
6.68
6.05
11.39
8.62
12.12
21
8.39
Gross margin%
20.40
19.78
22.20
22.37
20.94
21.34
22.01
20.40
23.37
24.84
18.81
22.01
21.67
39
14.66
Operating margin%
22.64
25.43
25.71
23.11
25.66
26.54
27.83
25.61
23.26
20.86
3.21
25.61
25.52
12
26.30
Net margin%
23.23
22.04
23.41
22.03
21.73
21.37
19.78
18.94
17.79
19.73
8.67
19.73
21.55
64
14.12
P/E ratio (avg)x
27.50
30.90
29.32
31.63
34.46
30.91
32.82
32.19
29.52
30.12
23.25
30.91
30.91
21
34.32
EV/EBITx
22.50
23.64
24.36
24.51
26.60
26.88
26.02
25.88
26.16
23.34
29.01
26.02
25.20
89
21.55
FCF yield (avg)%
25.99
25.92
28.69
28.64
29.94
27.50
28.98
27.30
29.66
29.70
8.12
28.98
28.66
47
16.48
FCF margin%
20.34
22.97
22.27
19.77
22.65
20.24
21.93
22.16
24.36
24.38
29.72
22.16
22.21
56
1.688
FCF / Net incomex
0.893
1.009
1.064
1.096
1.171
1.276
1.452
1.704
2.038
2.169
0.714
1.704
1.223
81
17.23
ROIC%
5.68
4.51
3.54
5.45
3.84
1.43
0.40
0.40
0.40
0.40
26.52
0.40
2.49
36
21.99
Return on equity%
12.09
11.96
9.08
9.51
6.66
6.95
8.72
6.82
6.84
5.56
22.51
6.84
7.84
28
20.54
Return on assets%
23.54
23.36
22.69
22.45
24.58
27.03
28.61
27.54
27.40
28.93
2.96
27.54
25.81
83
5.26
EPS$
12.52
12.51
12.82
14.61
14.62
15.80
15.67
18.21
17.74
16.78
5.74
2.79%
2.64%
—
5.24
EPS growth%
12.62
15.29
17.44
16.99
17.74
19.19
18.99
19.18
21.04
18.68
23.66
19.18
18.21
88
8.48
Bookvalue per sh$
4.88
5.32
5.34
5.70
6.39
6.76
7.37
8.38
9.49
10.06
8.04
9.51%
7.18%
—
5.16
FCF per share$
5.56
5.75
5.25
5.42
5.62
5.80
5.18
5.74
5.03
5.42
3.98
(0.75%)
(0.76%)
—
10.97
Dividend per sh$
3.75
4.21
4.49
5.29
5.33
6.37
6.96
7.51
7.37
7.75
7.66
7.76%
8.59%
—
5.73
Div yield (avg)%
7.69
8.98
6.66
7.09
9.43
8.17
9.64
7.92
10.12
11.02
5.92
9.64
8.57
18
2.72
Payout ratio%
12.88
11.66
14.20
15.47
17.38
15.14
16.35
14.34
12.43
13.05
5.53
14.34
14.27
75
87.50
Shares (diluted)M
62.91
68.15
58.35
55.19
57.70
53.39
47.43
51.60
50.99
51.99
89.38
(2.06%)
(3.27%)
37
13.46
Buyback yield%
21.41
22.44
24.02
26.12
27.25
27.86
26.67
28.75
31.18
33.79
20.47
28.75
26.96
44
0.664
D/E ratiox
0.182
0.204
0.210
0.209
0.223
0.261
0.315
0.315
0.325
0.366
0.182
0.315
0.242
90
1.626
Enterprise value$B
2.551
2.446
2.167
2.389
2.160
2.018
2.034
2.143
2.105
1.954
1.562
(1.98%)
(2.02%)
58
1.390
LT debt$B
0.299
0.336
0.363
0.390
0.430
0.500
0.606
0.679
0.791
0.817
1.821
13.70%
10.32%
50
Revenue
$2.894B
3.36%
1.00×
Cost of revenue
$1.738B
3.58%
1.02×
Operating expenses
$472.6M
3.01%
0.97×
Goodwill & intangibles
15.67%
Spread over hurdle
(0.47%)