3.018
Revenue$B
5.753
5.900
5.979
6.058
6.208
6.377
6.731
7.101
7.464
7.854
3.184
4.82%
3.64%
49
25.62
Revenue growth%
9.75
12.32
14.54
12.45
10.08
8.35
6.85
8.13
7.70
8.78
9.51
8.13
9.27
70
6.69
Gross margin%
9.81
8.23
9.42
7.88
6.10
6.16
8.26
8.99
6.76
5.66
5.55
6.76
8.05
80
22.41
Operating margin%
12.82
10.44
13.20
10.51
9.62
9.12
10.71
12.26
12.30
12.22
2.22
12.22
11.46
64
19.29
Net margin%
9.38
7.46
5.86
8.00
6.86
5.92
7.29
10.03
9.66
7.29
3.79
7.29
7.38
68
9.847
P/E ratio (avg)x
33.71
35.11
32.00
28.08
29.42
29.51
25.58
27.57
27.63
27.99
33.53
27.63
28.75
33
14.46
EV/EBITx
21.80
23.94
21.93
19.83
20.24
21.64
23.18
21.53
21.17
22.32
22.38
21.64
21.72
13
21.72
FCF yield (avg)%
16.08
17.48
17.63
17.25
17.78
20.14
18.58
16.71
15.22
15.26
2.43
16.71
17.37
50
19.52
FCF margin%
16.27
17.53
17.35
18.03
18.63
17.30
20.11
20.75
20.26
19.37
23.76
20.11
18.33
8
1.314
FCF / Net incomex
0.947
0.971
0.929
0.941
0.923
0.922
0.853
0.786
0.745
0.706
1.629
0.786
0.922
55
10.60
ROIC%
11.60
12.13
10.83
12.97
13.38
14.68
15.54
16.04
17.63
15.65
3.69
15.65
14.03
40
5.13
Return on equity%
23.04
23.11
21.87
21.23
20.65
21.48
19.94
22.64
24.69
22.86
29.98
22.64
22.26
30
22.49
Return on assets%
3.92
2.52
5.02
3.72
6.68
7.16
5.67
3.39
0.48
0.77
15.88
3.39
3.82
42
20.50
EPS$
54.13
50.02
44.97
47.42
52.45
45.88
40.99
38.92
35.60
32.74
21.30
(8.99%)
(4.54%)
—
13.10
EPS growth%
3.58
3.03
2.49
2.02
0.96
0.40
3.05
0.56
1.40
1.80
13.57
1.40
1.91
31
13.89
Bookvalue per sh$
9.59
10.32
11.88
12.02
13.21
14.45
15.40
16.27
17.73
17.67
41.17
5.99%
6.29%
—
15.52
FCF per share$
44.94
49.10
47.84
48.08
49.24
54.99
62.41
73.53
72.81
87.16
43.85
12.10%
8.22%
—
17.11
Dividend per sh$
59.89
61.13
62.07
70.92
69.05
74.78
78.02
87.72
86.90
87.39
48.02
4.82%
3.40%
—
10.03
Div yield (avg)%
17.51
14.54
15.12
13.55
13.52
16.17
14.98
13.47
13.18
15.89
29.16
14.98
14.76
71
20.94
Payout ratio%
3.23
2.10
2.45
4.01
4.99
2.05
4.16
5.29
4.47
6.24
12.46
4.47
4.08
30
51.26
Shares (diluted)M
91.87
91.31
101.3
104.2
109.0
126.1
147.1
144.1
163.9
195.5
53.51
12.40%
8.47%
39
11.28
Buyback yield%
28.34
30.83
29.20
29.39
30.22
32.00
33.73
32.77
32.65
33.11
10.53
32.77
31.41
18
1.306
D/E ratiox
0.205
0.205
0.223
0.224
0.236
0.261
0.230
0.208
0.221
0.234
0.794
0.230
0.224
33
1.945
Enterprise value$B
6.660
7.293
7.817
9.304
10.43
10.37
10.54
12.52
14.05
14.30
2.389
6.52%
8.18%
43
5.508
LT debt$B
3.185
3.189
2.922
2.557
2.547
2.711
2.471
2.237
2.080
1.829
3.497
(6.41%)
(5.06%)
27
Revenue
$7.854B
3.64%
1.00×
Cost of revenue
$5.025B
3.79%
1.01×
Operating expenses
$1.825B
3.50%
0.99×
Spread over hurdle
(7.00%)