1.411
Revenue$B
1.308
1.392
1.529
1.647
1.808
1.983
2.093
2.259
2.485
2.622
1.565
7.72%
8.20%
15
23.80
Revenue growth%
17.22
19.11
18.99
16.18
13.28
15.59
13.53
13.20
14.69
11.74
25.41
13.53
15.14
74
17.95
Gross margin%
13.41
14.16
14.03
16.46
18.43
15.73
17.51
18.16
20.60
19.04
11.77
18.16
16.99
88
24.79
Operating margin%
26.96
29.03
28.22
26.20
24.47
21.75
22.79
21.35
20.55
22.00
4.32
21.75
23.63
12
20.05
Net margin%
17.56
19.17
19.47
20.63
18.49
21.45
23.59
24.95
27.33
28.03
3.33
24.95
21.04
63
34.92
P/E ratio (avg)x
17.42
20.37
22.85
25.82
27.56
29.34
31.35
32.63
36.59
37.30
19.30
32.63
28.45
26
33.19
EV/EBITx
21.65
21.66
22.27
22.62
24.91
28.16
27.72
26.05
25.72
27.62
35.80
27.62
25.32
70
5.38
FCF yield (avg)%
17.19
19.02
21.43
21.76
22.08
24.97
26.61
24.71
24.11
21.90
13.18
24.71
21.99
67
9.38
FCF margin%
8.14
5.85
4.69
3.31
6.07
4.13
2.14
0.40
0.40
0.40
15.50
0.40
3.72
56
0.131
FCF / Net incomex
1.842
1.731
1.921
2.046
2.317
2.260
2.512
2.906
2.740
2.920
0.375
2.740
2.289
49
18.90
ROIC%
30.06
28.08
26.92
28.23
30.73
29.39
29.89
30.80
33.13
34.60
7.91
30.80
29.97
55
12.06
Return on equity%
19.84
21.71
20.27
21.61
19.26
21.47
19.32
21.59
21.71
18.79
29.57
21.47
20.87
40
23.03
Return on assets%
9.67
10.68
9.91
8.22
6.77
6.83
9.28
7.12
5.45
3.06
25.55
6.83
7.67
34
3.52
EPS$
1.73
1.50
1.53
1.32
1.34
1.40
1.28
1.26
1.10
1.13
3.70
(3.38%)
(5.67%)
—
8.43
EPS growth%
16.00
17.73
15.67
16.41
15.06
14.92
16.08
15.51
14.61
12.36
20.70
14.92
15.59
58
2.65
Bookvalue per sh$
7.71
6.81
7.17
6.67
6.24
6.92
7.35
7.41
7.90
7.84
5.98
4.65%
0.15%
—
9.47
FCF per share$
3.50
4.16
4.20
4.76
5.50
6.13
6.68
6.39
7.49
8.13
3.01
8.14%
10.15%
—
10.05
Dividend per sh$
9.50
9.65
10.10
11.40
12.56
12.65
13.02
14.30
14.98
16.15
5.60
5.14%
4.42%
—
22.33
Div yield (avg)%
24.62
22.77
23.45
23.42
20.61
17.62
20.22
17.89
17.32
19.00
26.09
17.89
20.42
28
12.79
Payout ratio%
7.72
4.97
2.64
2.66
2.59
3.23
4.71
2.23
0.40
1.60
9.29
2.23
2.65
71
94.99
Shares (diluted)M
125.1
150.7
153.0
181.5
189.0
229.5
244.4
258.4
292.0
350.8
95.06
13.17%
12.13%
68
2.12
Buyback yield%
7.69
6.58
5.10
5.21
2.27
3.63
4.85
3.65
1.57
3.02
2.78
3.63
4.25
88
0.390
D/E ratiox
0.128
0.144
0.162
0.168
0.172
0.172
0.194
0.214
0.238
0.282
1.316
0.214
0.172
86
1.652
Enterprise value$B
0.425
0.424
0.501
0.553
0.599
0.680
0.808
0.819
0.949
1.057
1.798
12.04%
11.03%
65
0.396
LT debt$B
1.105
1.156
1.193
1.082
1.216
1.202
1.353
1.258
1.326
1.374
2.019
2.46%
3.40%
92
Revenue
$2.622B
8.20%
1.00×
Cost of revenue
$1.751B
8.14%
0.99×
Operating expenses
$486.4M
7.99%
0.98×
Property and equipment
17.49%
Spread over hurdle
(6.14%)