0.364
Revenue$B
1.159
1.230
1.304
1.352
1.401
1.503
1.599
1.700
1.766
1.853
0.397
5.75%
5.55%
62
10.10
Revenue growth%
23.35
21.80
20.26
20.75
22.57
21.70
23.74
23.07
25.60
24.72
26.68
23.74
22.82
90
29.26
Gross margin%
15.20
12.77
15.70
15.88
13.50
16.36
14.19
11.61
9.02
7.91
27.13
11.61
13.84
10
23.28
Operating margin%
9.53
7.61
7.82
9.20
7.08
5.43
2.49
3.56
3.52
1.70
9.87
3.52
6.25
69
10.67
Net margin%
22.82
21.44
23.17
23.51
25.25
23.59
25.53
22.97
25.53
23.67
22.13
23.67
23.55
63
14.01
P/E ratio (avg)x
16.51
16.74
16.23
16.83
18.40
19.93
20.27
22.37
24.60
28.15
17.85
22.37
19.17
23
23.56
EV/EBITx
25.33
24.35
25.67
29.61
33.52
32.99
30.42
33.86
33.82
32.55
33.68
32.99
31.48
34
14.80
FCF yield (avg)%
15.26
16.18
17.28
16.55
14.06
15.11
15.88
13.52
11.89
11.17
16.44
13.52
15.18
93
21.82
FCF margin%
11.05
12.26
14.74
15.59
14.73
15.85
15.61
15.80
17.15
17.84
29.53
15.85
15.60
77
1.135
FCF / Net incomex
1.787
2.088
2.100
2.103
2.283
2.677
3.002
3.288
3.387
3.258
1.583
3.258
2.480
40
24.86
ROIC%
8.45
8.93
10.29
7.33
4.64
4.67
3.38
2.06
0.48
2.53
14.97
2.53
4.65
31
19.17
Return on equity%
4.75
2.94
5.33
5.66
2.66
0.40
0.43
0.40
1.60
2.13
22.96
0.43
2.39
11
7.32
Return on assets%
25.34
27.80
24.92
23.18
25.77
23.47
20.83
17.99
19.98
22.33
14.37
20.83
23.33
6
0.82
EPS$
3.00
3.37
3.44
3.20
3.60
3.43
3.96
4.55
4.40
4.81
0.90
5.94%
5.87%
—
21.33
EPS growth%
4.36
2.68
0.69
0.40
2.80
3.48
0.59
1.37
1.38
1.65
25.12
1.38
1.52
35
0.48
Bookvalue per sh$
3.27
3.53
3.54
3.87
3.99
4.54
4.72
5.24
5.09
5.33
1.49
6.00%
6.37%
—
0.94
FCF per share$
2.76
3.01
2.76
2.83
2.65
2.55
2.79
2.61
2.60
2.85
2.82
1.50%
1.55%
—
1.24
Dividend per sh$
1.94
2.14
2.13
2.20
2.26
2.37
2.32
2.57
2.60
2.35
0.71
0.83%
2.79%
—
28.51
Div yield (avg)%
29.60
28.00
26.69
27.94
26.88
24.11
23.32
22.92
21.88
20.13
22.43
22.92
25.40
40
16.73
Payout ratio%
23.54
26.50
27.36
28.18
28.96
30.58
28.01
26.22
27.79
27.30
16.00
27.79
27.57
7
155.6
Shares (diluted)M
183.5
194.5
204.3
200.8
231.5
265.6
292.7
282.6
266.9
280.7
155.9
3.94%
4.43%
7
2.01
Buyback yield%
15.90
17.33
20.10
17.49
14.61
13.61
10.92
11.50
9.05
6.81
7.02
10.92
14.11
68
0.169
D/E ratiox
1.130
1.237
1.396
1.350
1.304
1.552
1.863
2.103
2.335
2.304
1.172
2.103
1.474
56
1,439
Enterprise value$M
598.4
616.5
587.9
555.5
553.5
573.1
632.4
648.4
657.5
587.0
176.1
1.18%
0.54%
21
1.216
LT debt$B
1.840
1.826
1.831
2.022
2.235
2.611
2.940
3.118
3.043
3.293
1.290
8.06%
6.10%
33
Revenue
$1.853B
5.55%
1.00×
Cost of revenue
$961.5M
5.18%
0.97×
Operating expenses
$422.9M
6.33%
1.08×
Property and equipment
20.90%
Spread over hurdle
(3.61%)