1.436
Revenue$B
1.855
2.024
2.164
2.276
2.427
2.638
2.896
3.091
3.372
3.689
1.476
8.74%
8.09%
79
19.01
Revenue growth%
7.03
8.74
10.21
10.57
11.59
8.81
5.94
4.33
3.49
0.54
26.26
4.33
7.88
35
25.72
Gross margin%
15.77
16.99
16.48
16.24
17.48
19.65
17.25
15.91
13.61
14.82
11.57
15.91
16.36
80
13.97
Operating margin%
2.10
4.33
2.13
2.48
4.13
1.84
4.42
6.56
5.93
3.74
9.44
4.42
3.93
8
21.47
Net margin%
8.06
7.54
6.84
6.36
5.30
3.32
5.33
4.32
4.31
1.48
6.19
4.31
5.31
47
36.54
P/E ratio (avg)x
16.72
17.72
19.51
19.42
17.71
16.93
18.38
18.76
20.52
19.25
6.553
18.76
18.57
35
28.25
EV/EBITx
20.59
20.95
20.97
22.40
22.31
23.26
25.49
25.39
25.17
24.65
11.48
25.17
22.83
64
10.79
FCF yield (avg)%
24.93
26.40
27.07
25.25
22.80
25.29
25.07
24.38
25.87
25.36
17.71
25.29
25.27
91
15.22
FCF margin%
18.80
18.06
20.78
21.14
20.53
19.82
18.61
16.25
17.10
19.79
24.72
18.61
19.29
61
0.620
FCF / Net incomex
1.616
1.620
1.716
1.878
2.081
2.337
2.300
2.322
2.394
2.637
0.609
2.337
2.191
18
23.40
ROIC%
21.83
20.57
19.28
20.92
22.73
22.76
22.65
21.37
22.04
20.50
17.64
22.04
21.60
45
5.93
Return on equity%
18.70
20.37
18.34
19.57
17.75
19.16
21.24
23.12
21.93
24.71
28.17
21.93
19.97
93
6.82
Return on assets%
20.60
22.98
25.21
22.43
20.32
23.13
22.63
19.75
21.44
22.66
9.66
22.63
22.53
6
0.91
EPS$
3.36
3.39
3.62
3.65
4.09
3.93
3.62
3.84
4.14
4.77
1.01
3.14%
2.92%
—
5.01
EPS growth%
14.19
13.61
14.41
14.11
12.60
13.13
11.74
14.65
13.09
13.47
6.00
13.13
13.54
95
3.84
Bookvalue per sh$
2.35
2.50
2.39
2.45
2.75
3.04
3.56
3.59
3.74
4.39
2.20
9.77%
6.65%
—
1.16
FCF per share$
2.91
3.41
3.35
3.69
4.11
4.10
4.40
4.99
5.10
5.22
2.89
4.88%
6.42%
—
4.14
Dividend per sh$
0.96
0.87
0.87
0.94
0.93
0.86
0.79
0.79
0.84
0.74
1.36
(4.66%)
(1.92%)
—
7.91
Div yield (avg)%
10.22
8.80
10.27
11.22
8.91
9.23
11.86
11.68
14.22
12.00
24.35
11.86
10.74
78
22.03
Payout ratio%
8.44
6.67
7.23
7.66
7.53
7.56
9.90
10.66
11.78
10.08
18.41
10.08
8.05
69
352.9
Shares (diluted)M
270.2
240.5
213.0
234.0
230.8
222.9
207.4
196.4
208.9
204.7
366.5
(2.37%)
(3.77%)
31
29.50
Buyback yield%
23.16
22.48
22.67
22.19
21.39
21.71
24.31
26.26
27.78
28.74
12.79
26.26
22.91
57
1.748
D/E ratiox
0.528
0.579
0.555
0.526
0.542
0.622
0.606
0.574
0.610
0.607
1.356
0.607
0.577
78
1.368
Enterprise value$B
1.168
1.219
1.285
1.440
1.610
1.776
2.070
2.303
2.674
2.563
0.489
9.75%
9.53%
59
0.492
LT debt$B
1.067
1.027
1.009
0.956
1.005
0.952
0.846
0.796
0.798
0.798
1.744
(4.50%)
(2.50%)
40
Revenue
$3.689B
8.09%
1.00×
Cost of revenue
$2.114B
8.02%
0.99×
Operating expenses
$897.9M
8.29%
1.02×
Cash and investments
20.54%
Property and equipment
16.87%
Spread over hurdle
20.53%