1.244
Revenue$B
2.197
2.376
2.512
2.644
2.856
3.017
3.153
3.297
3.544
3.834
1.346
6.07%
6.56%
69
18.24
Revenue growth%
14.66
15.99
16.91
18.12
20.17
18.37
16.89
17.56
19.87
20.52
16.60
18.37
17.84
86
17.39
Gross margin%
16.79
19.74
18.42
17.73
18.42
20.08
17.65
19.71
19.44
16.92
20.00
19.44
18.42
83
8.76
Operating margin%
8.83
6.27
9.09
10.85
13.81
11.05
8.50
8.53
6.83
5.72
25.39
8.50
8.68
88
7.36
Net margin%
0.40
0.40
0.40
1.19
0.69
0.91
0.40
1.16
0.91
0.40
24.31
0.91
0.54
92
14.91
P/E ratio (avg)x
26.01
24.89
21.22
21.83
21.71
21.40
22.51
22.23
20.29
18.15
30.98
21.40
21.77
22
11.31
EV/EBITx
15.13
15.99
18.40
21.37
22.58
24.94
29.50
32.66
33.01
31.57
10.57
31.57
23.76
31
28.46
FCF yield (avg)%
25.91
23.93
24.08
25.05
26.62
26.93
24.85
26.36
29.05
29.75
6.41
26.93
26.14
81
14.06
FCF margin%
23.31
25.14
26.95
26.20
26.22
28.64
26.10
26.16
23.80
22.02
5.90
26.10
26.13
75
0.659
FCF / Net incomex
0.718
0.790
0.823
0.927
1.091
1.135
1.215
1.248
1.293
1.444
1.351
1.248
1.113
55
6.12
ROIC%
9.70
11.37
9.63
11.94
14.40
17.30
19.49
20.09
19.65
18.23
16.86
19.49
15.85
6
25.50
Return on equity%
5.92
7.89
7.48
10.30
11.51
13.65
11.00
10.73
8.78
11.76
13.54
11.00
10.52
75
2.45
Return on assets%
24.99
25.72
23.20
22.59
25.31
27.08
25.33
25.25
25.87
27.83
14.09
25.87
25.32
48
25.99
EPS$
40.95
44.28
53.32
52.07
56.68
55.48
57.40
61.13
71.58
81.60
27.62
7.56%
8.23%
—
13.44
EPS growth%
14.79
16.13
16.40
15.54
14.20
14.35
14.19
11.19
9.06
6.78
25.20
11.19
14.28
33
32.02
Bookvalue per sh$
35.75
38.20
41.64
43.71
46.66
46.66
46.30
45.26
51.12
54.57
13.63
3.18%
5.49%
—
14.75
FCF per share$
21.99
24.34
24.03
24.31
27.18
26.54
29.29
34.67
39.14
39.28
18.09
7.64%
6.50%
—
9.97
Dividend per sh$
34.12
34.04
35.98
32.96
36.23
34.65
39.52
38.87
39.15
38.42
4.91
1.18%
1.69%
—
27.19
Div yield (avg)%
3.23
1.61
3.92
2.03
0.40
2.77
2.67
0.40
1.84
0.53
7.61
1.84
1.93
43
9.56
Payout ratio%
4.45
4.67
4.61
3.76
2.90
1.20
3.08
0.72
0.40
1.19
27.77
1.19
2.99
84
64.76
Shares (diluted)M
109.0
125.4
130.9
147.1
160.8
189.7
220.0
252.2
255.8
301.9
66.02
13.43%
11.28%
54
19.85
Buyback yield%
3.49
1.39
4.00
1.36
0.40
1.76
0.40
1.90
0.63
2.24
10.75
1.76
1.58
74
1.799
D/E ratiox
1.731
1.688
1.944
2.253
2.300
2.358
2.244
2.370
2.477
2.695
1.074
2.370
2.276
52
2.330
Enterprise value$B
0.856
0.821
0.827
0.911
1.068
1.098
1.183
1.404
1.449
1.420
2.407
5.86%
5.64%
65
2.404
LT debt$B
2.544
2.675
2.408
2.372
2.573
2.715
3.018
3.021
3.309
3.410
0.270
5.80%
4.01%
59
Revenue
$3.834B
6.56%
1.00×
Cost of revenue
$2.456B
6.63%
1.01×
Operating expenses
$371.1M
6.07%
0.96×
Property and equipment
14.15%
Cash and investments
14.00%
Spread over hurdle
11.93%