691.5
Revenue$M
499.7
541.8
578.8
613.0
657.6
717.1
780.5
830.7
903.0
990.0
765.3
8.53%
7.86%
20
8.28
Revenue growth%
24.84
23.80
21.53
18.91
21.87
21.55
24.16
21.17
19.11
18.07
8.75
21.17
21.54
24
9.61
Gross margin%
22.56
25.22
27.61
26.45
25.71
24.82
24.83
24.55
23.40
25.68
27.45
24.82
25.02
65
12.57
Operating margin%
17.65
20.59
21.25
21.48
23.08
25.13
24.51
26.78
24.11
23.91
7.45
24.51
23.49
76
23.05
Net margin%
23.64
26.02
26.18
26.67
27.92
30.36
32.44
31.63
29.38
28.72
29.39
30.36
28.32
13
8.291
P/E ratio (avg)x
12.96
13.58
13.53
13.25
13.65
13.19
15.52
18.29
18.53
18.25
29.72
18.25
13.62
63
35.80
EV/EBITx
46.90
54.04
63.37
65.55
69.56
70.09
76.13
84.39
100.6
111.2
37.83
84.39
69.82
26
11.35
FCF yield (avg)%
12.73
11.74
10.87
12.78
10.73
9.12
7.28
5.85
4.19
2.59
9.14
5.85
9.92
64
24.93
FCF margin%
15.06
16.07
15.92
14.22
15.55
16.19
15.76
16.54
13.73
16.04
16.80
16.04
15.84
35
1.072
FCF / Net incomex
0.671
0.709
0.691
0.710
0.726
0.782
0.765
0.726
0.639
0.638
0.812
0.726
0.709
44
21.52
ROIC%
23.75
21.40
22.84
23.48
20.59
19.88
21.62
18.77
16.70
17.44
28.82
18.77
20.99
93
20.15
Return on equity%
33.39
33.45
34.18
33.71
34.09
35.98
35.27
36.44
39.17
40.61
17.48
36.44
34.72
77
4.46
Return on assets%
16.78
18.73
18.81
18.49
20.55
19.40
17.53
18.45
17.46
18.32
10.38
18.32
18.47
44
10.43
EPS$
15.85
15.58
18.18
20.97
22.45
25.48
27.10
29.36
29.82
31.72
10.92
7.16%
7.77%
—
10.31
EPS growth%
16.27
16.96
18.90
16.03
18.76
16.87
19.45
19.91
19.06
17.00
28.19
19.06
17.88
40
4.36
Bookvalue per sh$
15.29
17.52
17.02
16.98
18.35
19.89
21.58
22.26
22.66
26.08
11.43
7.28%
6.70%
—
11.16
FCF per share$
6.26
6.94
7.53
8.00
8.91
9.74
11.01
10.69
11.69
12.61
8.49
7.18%
7.95%
—
8.02
Dividend per sh$
6.50
7.55
7.82
7.94
7.96
8.51
9.27
9.46
11.24
11.08
3.80
6.83%
5.79%
—
2.11
Div yield (avg)%
5.79
5.09
6.83
9.05
12.03
11.21
12.39
12.05
11.52
9.45
15.97
11.52
10.33
94
5.70
Payout ratio%
20.04
20.90
22.90
23.09
25.95
28.29
30.36
28.07
29.67
31.48
27.59
29.67
27.01
91
59.77
Shares (diluted)M
44.61
41.83
42.09
40.11
37.54
32.91
28.64
29.15
30.04
29.71
59.18
(4.57%)
(4.76%)
24
18.58
Buyback yield%
20.58
22.08
20.38
20.80
17.97
17.50
16.35
16.72
19.08
16.59
23.22
16.72
18.53
11
0.788
D/E ratiox
2.145
2.266
2.482
2.486
2.747
2.975
3.280
3.385
3.683
3.980
1.242
3.385
2.861
48
253.8
Enterprise value$M
105.7
107.2
118.1
112.5
114.1
106.4
113.2
111.7
117.6
132.4
884.6
3.03%
3.31%
22
0.353
LT debt$B
1.242
1.372
1.427
1.553
1.442
1.527
1.482
1.522
1.440
1.520
0.730
1.06%
2.46%
53
Revenue
$990.0M
7.86%
1.00×
Cost of revenue
$690.0M
7.85%
1.00×
Operating expenses
$132.9M
7.71%
0.99×
Cash and investments
20.38%
Goodwill & intangibles
15.50%
Spread over hurdle
(0.05%)