1.370
Revenue$B
2.642
2.701
2.756
2.798
2.958
3.003
3.039
3.077
3.191
3.250
1.516
1.90%
2.59%
28
28.63
Revenue growth%
11.51
10.86
10.48
10.36
12.45
14.42
14.95
14.91
13.77
13.63
22.37
14.42
13.04
16
22.99
Gross margin%
29.79
30.71
30.72
28.03
27.09
24.41
26.78
25.88
23.08
25.54
10.06
25.54
26.94
27
11.33
Operating margin%
10.55
11.85
9.41
8.64
6.45
4.62
5.31
7.05
4.76
2.85
17.19
4.76
6.75
61
21.27
Net margin%
1.62
2.65
3.01
4.52
6.88
6.55
6.48
5.19
6.70
7.65
14.66
6.55
5.84
59
24.32
P/E ratio (avg)x
31.51
30.52
28.34
29.13
31.51
31.26
29.98
31.23
33.13
35.79
8.957
31.26
31.25
75
30.99
EV/EBITx
7.740
7.933
8.482
9.193
8.772
8.375
8.250
8.813
9.629
10.14
34.40
8.813
8.627
68
13.08
FCF yield (avg)%
13.63
15.56
17.48
15.56
13.09
14.83
12.96
10.66
7.92
8.79
19.48
10.66
13.36
93
18.81
FCF margin%
22.79
20.06
18.54
16.56
18.80
19.82
22.18
22.87
21.69
20.95
6.21
21.69
20.50
70
0.585
FCF / Net incomex
2.171
2.251
2.676
3.048
3.244
3.206
3.668
3.687
4.435
4.534
1.519
3.687
3.225
90
27.47
ROIC%
2.78
3.51
2.32
1.21
0.40
0.40
1.71
1.96
4.91
5.04
20.41
1.96
2.14
31
8.94
Return on equity%
27.89
27.60
26.26
29.18
26.59
24.16
23.94
22.01
21.91
21.23
10.42
22.01
25.21
46
21.98
Return on assets%
6.04
4.09
4.31
2.03
0.58
0.40
0.40
0.40
2.31
1.86
23.79
0.40
1.95
6
44.21
EPS$
9.09
9.30
9.25
8.75
8.70
9.38
10.83
10.29
11.82
13.37
47.51
8.97%
3.37%
—
21.96
EPS growth%
16.54
18.60
20.57
21.19
24.15
25.23
27.37
29.81
28.67
29.48
18.71
28.67
24.69
22
8.99
Bookvalue per sh$
45.05
43.87
49.38
47.32
50.86
58.31
65.24
65.71
75.90
88.59
31.72
11.74%
7.23%
—
19.39
FCF per share$
7.64
7.59
8.69
9.97
11.38
13.02
12.78
13.50
13.82
13.96
15.09
4.17%
7.15%
—
18.71
Dividend per sh$
45.23
50.39
53.23
62.61
65.74
63.63
67.37
71.44
71.07
83.30
37.02
4.85%
6.97%
—
28.27
Div yield (avg)%
3.88
5.21
5.94
6.02
6.81
7.14
6.99
6.77
5.28
7.09
12.62
6.99
6.39
60
13.63
Payout ratio%
17.51
14.82
13.79
15.63
14.40
15.15
17.36
16.78
14.00
15.65
19.18
15.65
15.39
43
57.90
Shares (diluted)M
89.84
97.44
99.58
108.8
111.7
123.8
144.4
143.7
154.1
166.6
58.98
8.31%
6.58%
33
4.58
Buyback yield%
34.54
36.80
34.25
35.25
35.78
34.52
35.97
34.74
34.69
37.59
3.47
34.74
35.00
44
1.215
D/E ratiox
1.806
2.001
1.878
1.747
1.639
1.707
1.835
1.819
1.705
1.755
0.214
1.755
1.781
9
2.503
Enterprise value$B
3.203
3.085
3.088
3.258
3.696
3.985
4.512
5.180
6.042
7.119
1.907
14.01%
8.65%
40
820.3
LT debt$M
198.6
234.5
258.3
264.1
284.5
273.9
291.9
284.9
309.8
310.6
328.8
1.77%
5.37%
76
Revenue
$3.250B
2.59%
1.00×
Cost of revenue
$2.275B
2.59%
1.00×
Operating expenses
$607.0M
2.39%
0.98×
Cash and investments
15.97%
Spread over hurdle
(3.41%)