1.314
Revenue$B
1.325
1.416
1.552
1.695
1.876
2.038
2.208
2.443
2.671
1.460
1.371
9.51%
9.34%
12
8.27
Revenue growth%
11.35
12.26
15.05
13.97
15.92
18.48
16.90
16.14
13.34
20.95
10.90
16.14
14.51
86
12.09
Gross margin%
30.28
28.44
25.87
25.86
23.51
25.43
25.54
23.27
25.98
20.07
10.13
25.43
25.86
60
19.11
Operating margin%
23.76
22.32
25.31
22.40
23.75
23.89
22.17
20.26
19.49
26.62
3.82
22.17
22.83
76
10.13
Net margin%
21.84
18.91
18.64
15.95
13.86
15.23
15.13
14.31
16.89
17.32
4.14
15.13
16.42
34
32.41
P/E ratio (avg)x
20.87
18.96
18.15
16.18
15.28
13.17
13.61
14.61
14.37
10.48
17.05
14.37
15.73
7
35.51
EV/EBITx
31.64
27.65
25.06
21.72
21.37
23.05
21.59
18.33
17.45
33.92
21.87
21.37
22.39
37
12.67
FCF yield (avg)%
10.29
12.51
13.39
16.33
14.00
15.14
14.66
13.26
12.94
28.84
19.57
14.00
13.32
67
8.25
FCF margin%
23.56
22.87
20.33
22.11
19.52
18.12
18.51
20.30
19.09
24.98
13.78
19.09
20.32
32
0.112
FCF / Net incomex
0.435
0.452
0.392
0.375
0.357
0.388
0.351
0.331
0.317
1.224
1.171
0.351
0.382
68
16.96
ROIC%
23.74
24.30
21.48
20.17
21.22
18.38
18.98
18.51
18.77
5.94
14.03
18.77
20.69
60
9.47
Return on equity%
5.16
5.71
3.23
6.05
5.52
2.89
2.88
5.12
4.43
22.93
28.82
4.43
5.14
72
16.36
Return on assets%
17.16
15.47
16.89
19.09
19.60
16.84
19.42
20.44
17.54
19.96
16.55
19.42
17.35
59
15.61
EPS$
13.62
13.85
13.85
14.69
14.75
14.76
14.54
13.57
14.60
16.16
19.11
(0.12%)
0.39%
—
17.30
EPS growth%
20.98
22.08
21.88
19.20
18.10
19.89
19.51
22.19
19.50
11.18
20.79
19.51
20.44
53
14.47
Bookvalue per sh$
3.58
3.85
3.97
4.29
3.79
3.67
3.77
3.69
3.33
10.88
19.85
(4.97%)
(1.98%)
—
23.01
FCF per share$
26.20
29.61
30.87
35.61
41.31
44.83
54.08
57.99
60.75
21.81
12.14
11.28%
11.35%
—
19.23
Dividend per sh$
26.05
26.63
31.09
33.12
36.15
38.48
36.26
42.14
39.25
12.53
9.82
3.46%
5.14%
—
4.42
Div yield (avg)%
0.40
0.40
2.81
0.56
0.40
0.54
0.40
3.07
0.40
25.71
24.83
0.40
0.40
83
27.85
Payout ratio%
2.02
4.21
4.52
4.53
6.73
9.69
8.60
9.30
12.19
15.78
18.07
9.30
5.63
61
64.29
Shares (diluted)M
93.15
106.0
120.1
122.0
130.4
144.5
144.8
146.2
157.3
63.65
63.41
5.21%
7.11%
82
25.04
Buyback yield%
7.41
7.76
5.84
8.51
11.41
8.98
7.62
8.00
9.14
12.76
14.09
8.98
8.25
49
1.370
D/E ratiox
0.602
0.627
0.574
0.497
0.467
0.475
0.414
0.370
0.351
0.841
0.503
0.414
0.486
87
1.215
Enterprise value$B
1.564
1.663
1.428
1.496
1.454
1.459
1.442
1.519
1.373
0.712
1.449
(1.70%)
(1.77%)
85
2.097
LT debt$B
1.132
1.008
1.068
1.019
0.894
0.887
0.842
0.767
0.660
1.413
1.666
(8.32%)
(5.80%)
25
Revenue
$2.671B
9.34%
1.00×
Cost of revenue
$1.699B
9.38%
1.00×
Operating expenses
$311.0M
9.06%
0.97×
Goodwill & intangibles
17.28%
Property and equipment
16.12%
Spread over hurdle
(1.41%)