2.590
Revenue$B
1.883
1.931
2.005
2.077
2.194
2.307
2.395
2.544
2.685
2.809
2.888
5.07%
4.67%
74
7.78
Revenue growth%
0.40
0.40
2.36
0.40
0.40
0.40
2.57
4.91
4.02
2.45
8.49
2.57
1.38
22
14.18
Gross margin%
13.51
12.20
12.35
10.08
7.24
8.58
10.92
13.51
11.44
12.21
20.84
11.44
11.82
34
28.61
Operating margin%
2.38
3.41
6.37
3.67
6.40
8.21
8.19
10.60
11.71
12.53
19.55
10.60
7.30
75
9.95
Net margin%
12.76
13.22
13.14
14.83
12.21
9.61
7.79
9.77
6.83
9.32
21.53
9.32
10.99
30
32.41
P/E ratio (avg)x
49.70
54.64
59.37
71.00
70.71
83.92
92.26
109.9
124.0
147.3
21.00
109.9
77.46
47
19.79
EV/EBITx
5.991
6.396
6.854
6.774
6.921
6.159
5.843
5.411
4.889
4.592
20.06
5.411
6.075
47
7.74
FCF yield (avg)%
6.95
7.61
7.32
5.67
3.63
1.68
3.69
6.67
8.36
9.46
15.59
6.67
6.81
71
17.40
FCF margin%
36.12
38.50
39.69
37.42
36.71
34.31
35.59
34.39
34.11
36.78
22.43
34.39
36.42
52
0.530
FCF / Net incomex
0.977
1.162
1.316
1.267
1.447
1.396
1.355
1.346
1.475
1.421
1.305
1.396
1.351
50
28.05
ROIC%
37.28
35.16
32.97
35.51
37.54
36.87
37.33
36.53
36.57
37.69
25.39
36.87
36.72
44
9.90
Return on equity%
23.35
24.65
22.51
23.10
21.26
22.56
21.58
20.41
20.24
21.45
23.26
21.45
22.04
16
22.62
Return on assets%
6.63
6.51
5.25
7.06
8.99
9.60
8.31
7.09
4.76
2.22
19.94
7.09
6.85
71
28.33
EPS$
50.02
51.20
56.76
54.42
61.99
66.98
78.62
91.53
106.87
114.54
30.88
13.06%
10.50%
—
5.00
EPS growth%
18.35
17.92
18.83
16.53
15.21
17.16
20.09
18.86
16.15
16.15
24.25
17.16
17.54
7
16.53
Bookvalue per sh$
28.00
31.13
29.75
28.42
29.33
32.35
37.71
41.23
40.65
48.10
9.36
10.40%
6.08%
—
26.56
FCF per share$
30.45
27.75
26.60
24.68
22.57
20.93
21.95
20.30
22.85
25.78
29.95
2.70%
(1.88%)
—
27.40
Dividend per sh$
29.69
29.07
28.29
28.21
27.03
27.00
30.67
27.92
30.31
34.43
29.47
4.96%
0.61%
—
5.17
Div yield (avg)%
16.96
16.25
16.34
17.00
16.82
18.96
19.79
20.40
22.76
22.60
7.69
20.40
17.98
67
8.16
Payout ratio%
13.94
10.98
8.65
11.61
10.59
11.81
10.92
9.59
10.46
9.25
19.85
10.46
10.75
6
98.57
Shares (diluted)M
144.1
157.9
166.2
181.1
209.4
242.4
283.3
287.1
273.8
264.3
98.55
4.77%
5.83%
78
7.62
Buyback yield%
11.99
11.27
12.95
14.42
12.57
15.31
14.39
15.59
12.78
11.54
27.55
14.39
12.87
34
1.624
D/E ratiox
1.059
1.069
1.057
1.234
1.362
1.358
1.403
1.458
1.698
2.022
0.996
1.458
1.360
60
1,909
Enterprise value$M
662.3
596.6
603.3
636.4
651.9
666.9
631.5
651.6
707.0
642.2
804.8
(0.30%)
(1.09%)
39
3.805
LT debt$B
3.653
3.190
3.204
3.329
2.994
3.246
3.154
3.262
3.580
3.918
0.992
5.53%
0.73%
13
Revenue
$2.809B
4.67%
1.00×
Cost of revenue
$1.597B
4.62%
1.00×
Operating expenses
$524.1M
4.60%
0.99×
Cash and investments
16.56%
Spread over hurdle
(1.77%)