2.496
Revenue$B
3.295
3.419
3.564
3.700
3.900
3.988
4.240
4.399
4.503
4.746
2.591
4.00%
4.14%
95
11.16
Revenue growth%
22.99
22.73
20.90
22.70
21.95
20.47
17.64
17.09
16.01
15.27
10.81
17.09
20.68
57
21.67
Gross margin%
22.29
22.12
19.51
17.98
18.98
21.64
23.75
23.91
22.25
20.09
19.65
22.25
21.88
48
25.92
Operating margin%
19.69
21.44
20.39
17.76
18.93
17.77
18.84
16.42
18.79
18.61
5.45
18.61
18.82
38
17.77
Net margin%
21.49
20.12
18.79
18.25
18.80
21.60
20.75
17.79
19.98
20.89
29.59
20.75
20.05
93
11.01
P/E ratio (avg)x
28.66
28.57
27.60
26.66
30.17
30.62
31.56
31.07
30.12
32.42
10.18
31.07
30.15
15
12.64
EV/EBITx
10.79
11.88
13.20
14.61
14.89
14.48
15.50
15.71
17.14
17.72
29.15
15.71
14.75
73
2.26
FCF yield (avg)%
17.47
20.19
18.13
19.14
16.61
18.32
20.31
21.91
24.28
22.06
22.52
21.91
19.66
15
3.84
FCF margin%
0.89
2.22
4.62
2.22
3.65
4.97
6.09
5.19
3.31
2.20
9.60
4.97
3.48
67
1.539
FCF / Net incomex
0.320
0.328
0.341
0.297
0.315
0.334
0.310
0.283
0.267
0.262
0.672
0.283
0.313
74
28.73
ROIC%
16.63
14.31
11.39
11.68
12.64
15.27
16.19
18.31
21.12
22.32
4.24
18.31
15.73
93
3.32
Return on equity%
7.13
9.77
11.48
13.16
15.22
15.63
15.21
15.54
13.84
11.71
29.49
15.21
13.50
92
29.03
Return on assets%
20.62
19.65
21.74
23.41
22.00
20.15
22.51
21.59
23.96
22.38
17.24
22.38
21.87
32
3.02
EPS$
2.21
2.28
2.24
2.02
2.04
1.95
2.09
2.26
2.22
1.95
3.21
(0.84%)
(0.12%)
—
25.77
EPS growth%
15.72
14.35
13.13
12.90
12.69
14.92
15.88
16.92
14.81
16.42
27.58
15.88
14.86
22
0.91
Bookvalue per sh$
2.42
2.63
2.41
2.57
2.70
2.77
2.90
3.16
3.01
3.35
1.18
4.42%
3.07%
—
1.35
FCF per share$
0.92
1.01
1.02
0.93
0.84
0.92
0.88
0.97
0.97
0.91
0.59
1.61%
(0.30%)
—
0.66
Dividend per sh$
1.01
1.01
1.16
1.25
1.19
1.32
1.54
1.74
1.89
2.14
1.37
12.40%
8.18%
—
3.38
Div yield (avg)%
9.18
10.80
9.10
9.36
11.84
10.62
8.10
9.90
7.32
6.56
19.36
8.10
9.27
34
11.76
Payout ratio%
31.51
31.46
32.13
29.32
30.89
30.43
32.10
29.34
32.06
29.16
14.60
30.43
31.18
92
0.681
Shares (diluted)B
1.312
1.270
1.353
1.482
1.753
1.889
1.868
1.794
2.119
2.380
0.695
6.30%
7.91%
33
23.96
Buyback yield%
22.47
22.05
22.04
23.56
25.87
28.30
30.58
31.66
31.88
30.08
7.30
30.58
27.09
36
1.097
D/E ratiox
2.200
2.268
2.406
2.816
3.286
3.348
3.355
3.339
3.454
4.145
0.632
3.355
3.313
73
1.781
Enterprise value$B
4.935
4.660
5.025
4.960
5.324
5.694
5.859
6.273
6.935
7.853
0.600
8.08%
5.25%
65
2.317
LT debt$B
4.587
5.189
4.840
5.098
4.689
5.062
5.532
6.110
6.630
6.967
1.793
8.24%
4.03%
94
Revenue
$4.746B
4.14%
1.00×
Cost of revenue
$2.061B
3.85%
0.97×
Operating expenses
$1.211B
4.56%
1.04×
Cash and investments
15.44%
Goodwill & intangibles
15.42%
Spread over hurdle
76.55%