2.110
Revenue$B
4.597
4.822
4.945
4.953
4.998
5.148
5.314
5.485
5.516
5.715
2.293
2.72%
2.43%
32
24.08
Revenue growth%
8.06
6.99
6.56
7.70
9.03
8.15
9.71
10.13
12.45
15.41
29.68
10.13
8.59
84
25.12
Gross margin%
16.19
15.43
14.48
13.60
11.14
11.90
11.92
10.49
7.92
7.70
25.48
10.49
11.91
59
26.55
Operating margin%
17.92
17.86
17.99
20.37
17.88
16.14
17.26
16.47
16.24
13.91
26.74
16.24
17.56
42
13.23
Net margin%
7.56
9.54
9.94
9.33
9.74
6.95
9.17
9.21
9.52
12.02
19.91
9.21
9.43
83
27.95
P/E ratio (avg)x
8.785
8.862
7.778
7.370
6.401
6.551
6.501
5.693
5.737
4.915
25.46
5.737
6.526
13
20.88
EV/EBITx
21.28
22.49
19.98
18.80
19.32
19.74
17.62
18.11
19.45
21.10
17.10
19.45
19.59
41
6.59
FCF yield (avg)%
30.59
31.80
30.35
30.14
27.77
25.14
22.74
22.10
21.94
21.64
21.54
22.10
26.45
9
9.64
FCF margin%
30.03
32.31
30.07
29.42
30.77
29.30
29.11
30.78
33.22
34.91
23.88
30.78
30.42
70
0.908
FCF / Net incomex
0.542
0.512
0.556
0.604
0.625
0.715
0.704
0.774
0.753
0.734
1.222
0.734
0.664
10
9.93
ROIC%
9.25
11.72
13.10
11.92
13.91
15.88
14.50
12.19
14.49
13.81
20.86
14.49
13.45
61
5.51
Return on equity%
21.41
21.40
18.76
16.11
18.88
15.88
16.46
17.50
20.13
20.82
5.81
17.50
18.82
60
20.23
Return on assets%
25.76
24.27
23.66
24.75
25.77
24.38
24.84
27.35
29.76
27.94
14.07
27.35
25.30
38
1.59
EPS$
6.97
6.93
6.81
6.83
7.40
8.29
9.09
9.99
11.24
12.31
1.67
10.72%
6.59%
—
25.55
EPS growth%
24.71
26.58
24.66
26.03
25.69
25.20
27.14
29.28
28.22
26.85
22.33
27.14
26.31
57
1.14
Bookvalue per sh$
3.08
3.03
3.07
3.18
3.22
3.59
3.50
3.74
3.97
4.40
6.33
6.44%
2.59%
—
3.25
FCF per share$
6.78
6.87
6.40
6.79
7.27
6.45
6.08
5.61
5.67
5.32
3.64
(6.05%)
(2.91%)
—
3.08
Dividend per sh$
4.69
4.97
4.44
4.47
3.85
3.32
2.98
2.67
2.88
2.77
5.53
(6.39%)
(4.65%)
—
8.98
Div yield (avg)%
13.65
15.30
16.43
19.11
20.22
20.10
19.46
16.71
16.86
18.67
13.43
18.67
17.77
30
25.19
Payout ratio%
15.09
16.72
15.51
16.51
15.25
15.25
14.41
14.78
15.30
16.71
15.09
15.25
15.28
61
276.4
Shares (diluted)M
342.3
348.3
402.7
406.6
415.1
459.0
493.1
512.7
508.8
567.3
276.1
6.45%
6.09%
39
12.05
Buyback yield%
10.00
7.61
8.38
9.89
11.73
9.10
10.77
13.63
12.86
12.98
4.93
12.86
10.38
7
0.278
D/E ratiox
0.598
0.565
0.615
0.614
0.562
0.509
0.562
0.604
0.610
0.590
0.915
0.590
0.594
46
4.490
Enterprise value$B
2.757
3.113
3.317
3.643
3.542
3.682
3.909
4.012
3.772
3.581
4.659
0.22%
4.13%
26
3.711
LT debt$B
1.927
1.843
1.701
1.656
1.682
1.545
1.721
1.769
1.586
1.447
4.021
(2.97%)
(2.40%)
64
Revenue
$5.715B
2.43%
1.00×
Cost of revenue
$3.631B
2.49%
1.01×
Operating expenses
$665.4M
2.08%
0.97×
Spread over hurdle
14.94%