1.126
Revenue$B
2.479
2.748
3.044
3.345
3.711
3.956
4.379
4.763
5.230
5.782
1.168
9.28%
9.86%
13
9.85
Revenue growth%
12.09
11.99
9.79
8.63
11.23
9.50
6.85
4.41
3.05
1.54
4.19
4.41
9.07
51
14.21
Gross margin%
11.53
12.95
14.35
11.80
12.83
15.02
16.89
19.88
20.02
17.87
22.87
17.87
14.69
5
9.75
Operating margin%
17.93
16.63
16.82
16.35
16.87
15.59
17.14
17.21
14.46
16.27
5.93
16.27
16.72
18
3.22
Net margin%
19.77
18.91
19.88
17.25
19.05
20.05
18.92
17.95
18.37
18.09
29.72
18.37
18.91
61
12.51
P/E ratio (avg)x
20.16
22.44
23.15
27.43
33.24
40.11
42.81
41.77
41.60
47.39
31.70
41.77
36.67
52
10.90
EV/EBITx
9.799
9.607
10.13
11.37
12.97
14.71
16.02
15.78
15.93
15.38
12.98
15.78
13.84
60
23.35
FCF yield (avg)%
8.20
10.68
13.60
13.08
15.75
14.91
15.89
17.86
18.68
21.07
6.14
17.86
15.33
60
5.77
FCF margin%
14.79
16.68
17.32
19.87
20.80
19.13
16.99
17.63
15.53
16.42
3.09
16.99
17.15
57
0.457
FCF / Net incomex
0.833
0.880
0.799
0.761
0.807
0.853
0.834
0.856
0.929
1.014
0.106
0.856
0.844
27
21.47
ROIC%
16.92
18.08
18.51
20.47
20.59
18.41
19.04
21.32
20.97
23.16
12.90
20.97
19.75
94
18.28
Return on equity%
20.96
19.37
18.21
16.96
15.17
12.83
14.02
16.52
19.15
21.20
5.38
16.52
17.59
28
10.91
Return on assets%
30.38
29.88
26.95
29.59
28.65
30.38
29.17
28.24
25.82
28.73
10.21
28.73
28.95
86
34.13
EPS$
53.43
63.82
73.22
75.64
86.29
98.52
110.76
131.17
155.69
164.91
36.19
13.83%
13.59%
—
16.49
EPS growth%
1.04
2.95
3.40
5.10
5.26
4.84
2.28
3.77
5.52
3.38
24.39
3.77
3.58
29
34.84
Bookvalue per sh$
32.51
31.39
30.55
31.72
32.86
34.86
33.00
32.24
28.99
26.04
25.83
(4.54%)
(1.24%)
—
6.45
FCF per share$
25.46
23.76
26.22
29.71
33.85
38.59
38.07
38.45
36.84
34.93
23.77
0.63%
3.06%
—
10.69
Dividend per sh$
23.02
22.97
21.85
22.20
20.25
20.82
23.61
25.30
27.65
25.61
32.95
4.80%
0.45%
—
14.71
Div yield (avg)%
12.43
14.09
16.60
18.76
21.16
20.31
18.82
18.78
18.56
18.24
14.76
18.78
18.66
89
14.08
Payout ratio%
5.92
7.92
9.32
6.87
8.48
6.80
4.03
1.38
2.72
2.81
27.11
2.81
6.36
43
112.5
Shares (diluted)M
141.9
151.0
145.3
160.1
181.6
197.0
229.5
239.8
227.5
234.1
110.1
5.20%
4.68%
79
5.53
Buyback yield%
5.42
3.64
6.63
7.66
9.92
8.87
11.65
11.34
9.70
9.75
2.71
9.75
9.28
65
0.345
D/E ratiox
0.893
0.989
1.180
1.400
1.390
1.409
1.385
1.600
1.850
2.065
0.721
1.600
1.395
92
0.440
Enterprise value$B
2.612
3.049
3.008
3.275
3.638
4.358
4.471
5.423
5.456
5.446
2.701
8.41%
8.96%
53
0.582
LT debt$B
1.686
1.859
1.668
1.537
1.434
1.382
1.236
1.177
1.113
1.170
2.785
(3.98%)
(3.43%)
65
Revenue
$5.782B
9.86%
1.00×
Cost of revenue
$3.450B
9.88%
1.00×
Operating expenses
$1.280B
9.86%
1.00×
Cash and investments
17.78%
Spread over hurdle
(0.34%)