343.4
Revenue$M
222.5
238.9
254.9
273.5
296.9
319.1
350.1
380.5
407.3
435.0
370.4
7.94%
7.73%
64
5.91
Revenue growth%
16.28
17.69
16.72
18.71
15.84
18.82
18.43
18.52
19.59
16.70
3.46
18.52
18.06
64
4.44
Gross margin%
13.14
11.16
12.21
12.03
9.19
10.77
9.04
11.11
8.93
8.52
5.71
9.04
10.94
91
11.86
Operating margin%
29.06
26.58
24.25
22.38
23.52
25.74
25.92
27.34
29.49
28.23
4.45
27.34
26.25
46
19.13
Net margin%
1.20
2.59
3.21
3.87
4.63
6.52
4.17
1.90
4.70
4.40
24.65
4.40
4.02
83
10.35
P/E ratio (avg)x
52.66
52.71
58.45
65.02
65.05
62.67
70.31
75.71
74.60
82.28
7.693
74.60
65.04
74
8.004
EV/EBITx
28.68
25.89
28.40
26.28
28.88
25.83
28.08
30.69
32.41
32.77
8.338
30.69
28.54
13
19.14
FCF yield (avg)%
22.06
23.29
24.67
25.82
25.51
26.92
27.95
30.43
30.52
28.59
26.18
28.59
26.37
44
2.49
FCF margin%
22.12
19.40
16.80
18.38
20.37
18.31
17.19
18.07
19.72
17.53
2.24
18.07
18.35
75
0.980
FCF / Net incomex
1.984
2.033
2.275
2.458
2.468
2.459
2.271
2.196
2.091
2.131
1.171
2.196
2.234
21
3.72
ROIC%
6.96
7.21
7.86
6.87
7.13
9.20
10.39
12.34
11.70
10.21
21.99
10.39
8.53
21
3.08
Return on equity%
17.47
19.50
18.15
15.98
14.50
14.42
16.62
15.63
17.58
18.12
27.78
16.62
17.04
17
11.15
Return on assets%
20.50
21.91
20.09
19.97
22.27
19.99
18.18
19.30
17.42
20.01
18.93
19.30
20.00
20
8.79
EPS$
8.13
8.19
8.30
7.80
7.85
8.02
7.87
8.15
9.43
9.74
9.49
4.43%
1.90%
—
24.30
EPS growth%
22.77
20.66
18.12
15.64
15.11
14.71
15.21
16.45
14.63
12.34
16.58
14.71
15.42
37
8.84
Bookvalue per sh$
7.82
7.52
7.46
7.26
7.15
7.76
7.40
7.14
8.22
8.03
2.23
2.34%
0.58%
—
3.79
FCF per share$
5.45
5.64
5.36
5.40
5.88
5.87
6.23
6.75
7.26
7.11
3.51
3.89%
1.91%
—
8.88
Dividend per sh$
8.57
8.28
8.92
10.33
11.58
13.02
14.41
16.51
17.28
17.44
3.36
8.53%
7.20%
—
25.96
Div yield (avg)%
13.60
16.24
15.06
15.97
14.04
15.41
14.59
15.29
16.29
18.69
13.68
15.41
15.35
57
27.96
Payout ratio%
21.90
21.04
20.24
22.10
23.38
25.45
22.70
25.34
24.10
22.55
10.57
24.10
22.62
12
82.93
Shares (diluted)M
94.79
95.89
105.6
117.9
122.7
146.3
163.8
178.1
204.2
225.2
80.92
12.90%
8.83%
77
4.89
Buyback yield%
26.65
24.53
23.36
23.34
20.90
22.75
25.23
24.78
23.57
25.99
7.01
24.78
24.05
80
1.633
D/E ratiox
0.174
0.202
0.223
0.236
0.258
0.262
0.281
0.276
0.293
0.299
0.159
0.281
0.260
49
279.4
Enterprise value$M
449.1
467.3
533.3
533.6
558.8
599.6
661.8
644.9
661.0
715.0
237.2
5.05%
5.89%
68
0.377
LT debt$B
0.770
0.827
0.879
0.963
1.120
1.122
1.205
1.290
1.345
1.470
0.298
5.58%
6.30%
87
Revenue
$435.0M
7.73%
1.00×
Cost of revenue
$304.5M
7.73%
1.00×
Operating expenses
$98.53M
8.22%
1.05×
Property and equipment
13.39%
Spread over hurdle
(5.15%)