1.338
Revenue$B
2.501
2.513
2.582
2.599
2.625
2.628
2.613
2.707
2.806
2.877
1.474
1.85%
1.40%
55
16.54
Revenue growth%
23.64
22.49
21.07
19.80
18.35
17.07
15.99
13.49
10.92
13.34
10.82
13.49
17.71
39
27.65
Gross margin%
35.40
36.15
36.66
34.50
33.45
35.41
37.25
37.74
38.29
35.73
2.53
37.25
35.94
86
28.91
Operating margin%
33.10
32.41
29.62
28.11
28.29
30.15
31.80
30.22
33.13
32.82
28.57
31.80
31.01
21
17.25
Net margin%
26.70
25.73
24.17
21.89
24.72
24.38
26.39
29.01
31.14
31.60
2.24
29.01
26.06
87
18.51
P/E ratio (avg)x
10.36
10.65
10.21
10.84
11.40
12.02
10.78
11.37
10.37
10.18
29.16
10.78
10.72
38
15.33
EV/EBITx
31.81
33.66
38.93
40.50
41.19
41.76
45.41
47.44
48.30
44.97
10.31
45.41
41.47
17
9.91
FCF yield (avg)%
25.73
27.07
25.02
26.89
29.87
29.80
28.45
25.64
23.26
21.54
18.49
25.64
26.31
94
9.41
FCF margin%
17.30
19.48
22.37
24.07
22.62
20.38
18.14
19.66
19.85
18.12
5.89
19.66
19.75
92
1.450
FCF / Net incomex
0.608
0.694
0.681
0.670
0.650
0.750
0.776
0.856
0.905
1.046
0.842
0.856
0.722
58
27.17
ROIC%
24.35
25.24
23.16
22.61
19.64
20.62
19.13
16.77
15.06
15.54
12.73
16.77
20.13
89
17.63
Return on equity%
10.35
12.71
12.29
11.88
12.33
10.80
9.97
11.36
14.33
16.66
10.56
11.36
12.09
75
26.20
Return on assets%
0.40
0.40
0.40
2.33
2.43
0.75
0.40
2.26
1.84
4.82
16.74
1.84
1.29
38
10.28
EPS$
3.79
4.17
4.46
4.86
4.96
4.68
4.23
4.48
5.01
5.65
11.16
2.64%
3.96%
—
29.49
EPS growth%
18.91
16.97
18.65
18.45
17.54
18.77
19.25
16.43
19.32
18.22
15.44
18.77
18.55
34
11.26
Bookvalue per sh$
7.06
7.02
7.29
7.58
7.61
7.59
8.13
9.19
9.26
9.57
5.65
4.68%
4.05%
—
3.01
FCF per share$
2.80
2.81
3.12
3.39
3.18
3.53
3.41
3.26
3.78
3.74
9.76
3.33%
4.05%
—
6.11
Dividend per sh$
7.71
8.34
8.20
8.50
7.46
7.18
6.72
6.35
6.39
5.94
9.19
(4.45%)
(1.62%)
—
29.30
Div yield (avg)%
2.29
0.40
0.40
0.40
0.40
2.91
0.79
0.40
0.40
0.40
14.39
0.40
0.40
94
9.66
Payout ratio%
2.47
1.78
3.94
3.42
3.27
4.85
3.43
5.50
7.95
9.45
19.89
5.50
3.69
94
206.8
Shares (diluted)M
333.7
336.8
331.6
337.5
327.1
373.9
375.3
389.8
439.4
490.2
216.0
8.43%
4.71%
7
5.68
Buyback yield%
21.71
22.97
20.39
19.65
21.25
19.21
21.29
18.95
16.26
14.41
4.23
18.95
20.02
93
0.813
D/E ratiox
1.188
1.271
1.103
1.146
1.178
1.225
1.309
1.164
1.058
0.966
0.774
1.164
1.171
9
1.929
Enterprise value$B
2.493
2.621
2.813
3.236
3.499
3.784
4.393
4.964
5.079
4.957
1.529
7.21%
8.95%
89
3.320
LT debt$B
1.846
1.870
1.825
1.690
1.441
1.406
1.499
1.604
1.645
1.453
3.293
0.17%
(1.80%)
85
Revenue
$2.877B
1.40%
1.00×
Cost of revenue
$2.014B
1.40%
1.00×
Operating expenses
$575.4M
1.83%
1.04×
Property and equipment
14.13%
Spread over hurdle
(5.85%)