1.535
Revenue$B
0.920
0.980
1.081
1.197
1.311
1.435
1.549
1.646
1.789
1.945
1.631
8.21%
8.43%
23
4.47
Revenue growth%
5.14
3.82
4.65
7.65
7.78
8.68
7.07
4.92
2.51
5.24
13.41
5.24
5.19
52
19.09
Gross margin%
21.53
19.35
21.99
24.74
27.65
25.46
22.47
19.64
19.27
16.42
24.35
19.64
21.76
67
10.16
Operating margin%
8.38
8.21
9.53
7.07
6.52
9.48
7.98
8.97
10.61
8.95
24.12
8.97
8.67
75
17.00
Net margin%
8.42
6.43
6.98
5.02
3.52
3.86
5.26
7.33
5.55
5.76
5.82
5.55
5.66
27
6.264
P/E ratio (avg)x
32.68
32.07
31.95
30.07
30.02
28.59
32.37
34.90
33.51
31.58
33.43
32.37
32.01
7
10.19
EV/EBITx
7.245
7.319
6.985
5.886
5.635
5.243
5.636
4.833
4.309
4.229
34.96
4.833
5.635
28
25.42
FCF yield (avg)%
0.86
0.40
0.73
2.50
4.50
3.26
1.83
1.44
0.40
0.40
25.37
1.44
1.15
79
10.09
FCF margin%
20.13
20.15
22.28
23.64
22.60
22.50
25.25
24.78
25.56
25.25
20.85
25.25
23.12
67
0.637
FCF / Net incomex
1.474
1.507
1.437
1.397
1.513
1.339
1.426
1.448
1.359
1.198
0.347
1.359
1.432
29
11.50
ROIC%
15.90
16.35
16.92
14.98
17.24
18.99
17.16
15.04
14.54
12.92
20.85
15.04
16.12
80
28.77
Return on equity%
7.59
9.10
11.64
8.79
10.28
8.23
7.50
8.57
11.13
13.23
26.25
8.57
8.94
90
25.86
Return on assets%
30.43
30.47
27.84
29.95
32.37
32.07
30.63
33.49
31.19
28.97
19.80
31.19
30.55
72
5.51
EPS$
30.46
36.66
42.32
46.36
55.31
54.53
53.94
61.12
68.84
71.17
5.72
5.17%
9.99%
—
3.90
EPS growth%
32.21
30.32
30.07
30.83
28.77
30.37
33.16
31.80
32.62
32.95
15.01
32.62
31.32
56
9.66
Bookvalue per sh$
21.07
19.82
22.44
23.64
23.72
24.43
25.73
29.57
34.29
32.39
7.72
6.43%
3.85%
—
3.48
FCF per share$
8.06
7.43
7.47
6.75
7.14
7.81
8.32
8.21
7.56
8.05
14.05
2.44%
1.30%
—
10.64
Dividend per sh$
19.15
19.23
20.66
20.95
23.03
24.04
23.63
26.60
28.17
29.32
18.43
4.94%
4.09%
—
26.62
Div yield (avg)%
25.01
22.07
22.70
22.40
19.56
21.04
21.68
20.74
18.29
18.66
25.21
20.74
21.36
36
4.95
Payout ratio%
19.94
21.17
21.91
22.65
23.86
24.49
21.77
19.30
17.62
18.12
26.46
19.30
21.47
62
73.26
Shares (diluted)M
111.0
129.1
125.3
126.8
144.5
146.0
142.4
151.1
158.4
161.7
71.93
2.27%
5.47%
22
21.37
Buyback yield%
14.99
16.14
15.00
16.78
19.67
18.12
15.28
15.44
15.28
16.25
20.50
15.44
15.79
68
1.612
D/E ratiox
1.028
1.146
1.063
1.009
1.084
1.064
1.076
1.075
1.104
1.069
1.384
1.075
1.072
30
795.0
Enterprise value$M
224.1
235.4
230.8
241.1
222.7
207.4
220.2
250.9
272.7
301.4
170.5
6.24%
2.19%
22
1.516
LT debt$B
0.109
0.106
0.105
0.106
0.096
0.083
0.091
0.096
0.083
0.078
1.322
(4.01%)
(4.44%)
10
Revenue
$1.945B
8.43%
1.00×
Cost of revenue
$1.144B
8.71%
1.03×
Operating expenses
$239.7M
7.60%
0.93×
Property and equipment
17.38%
Cash and investments
17.17%
Spread over hurdle
44.27%