1.016
Revenue$B
1.008
1.073
1.148
1.227
1.298
1.348
1.400
1.474
1.577
1.648
1.045
4.90%
5.60%
77
5.37
Revenue growth%
14.11
12.30
12.22
10.90
11.22
12.35
10.83
12.22
11.14
11.69
17.36
11.69
11.96
38
9.11
Gross margin%
20.20
22.62
23.42
20.87
23.70
21.95
20.87
21.91
19.00
17.38
26.82
20.87
21.39
50
18.75
Operating margin%
19.30
16.88
19.44
20.32
18.31
19.57
16.87
18.10
20.09
23.06
8.48
19.57
19.37
10
29.34
Net margin%
1.71
0.79
2.98
1.98
1.04
2.23
0.40
2.37
3.04
3.52
13.16
2.37
2.10
7
28.76
P/E ratio (avg)x
48.94
48.97
58.03
67.54
81.73
82.43
81.95
88.73
95.83
115.0
31.34
88.73
81.84
68
23.54
EV/EBITx
38.32
35.70
34.81
34.09
31.48
30.31
29.50
27.98
26.00
28.37
21.68
28.37
30.90
47
5.47
FCF yield (avg)%
15.55
13.72
13.03
11.37
13.13
14.93
12.64
11.83
10.37
10.69
24.26
11.83
12.84
60
12.48
FCF margin%
12.49
9.99
11.22
11.92
10.27
7.70
6.82
4.05
5.54
4.35
4.83
5.54
8.84
39
0.463
FCF / Net incomex
0.366
0.359
0.382
0.408
0.490
0.542
0.588
0.632
0.672
0.739
0.550
0.632
0.516
42
26.23
ROIC%
37.15
37.61
38.32
38.81
38.17
38.10
37.12
36.39
33.66
31.94
3.98
36.39
37.38
33
8.63
Return on equity%
23.70
24.83
26.17
23.20
24.65
23.97
23.59
24.75
27.02
26.99
16.93
24.75
24.70
9
20.31
Return on assets%
12.62
12.16
10.78
12.46
14.06
11.99
12.51
9.56
7.10
5.99
17.26
9.56
12.07
35
3.92
EPS$
8.58
9.85
11.00
12.47
12.47
13.72
14.44
13.20
12.43
13.62
4.18
1.77%
4.45%
—
3.56
EPS growth%
29.38
28.52
31.22
30.08
31.99
29.82
27.99
27.13
30.01
32.81
17.64
29.82
29.92
12
9.42
Bookvalue per sh$
7.41
6.98
6.57
6.99
6.95
6.85
7.57
7.66
7.58
7.53
4.21
1.59%
0.87%
—
5.58
FCF per share$
3.85
4.04
3.82
3.66
3.28
3.55
3.69
3.27
3.08
2.80
7.14
(3.12%)
(3.88%)
—
10.29
Dividend per sh$
9.88
10.03
11.18
12.88
12.60
14.53
14.30
13.96
15.36
15.32
2.67
3.98%
4.66%
—
2.56
Div yield (avg)%
22.89
20.22
21.67
18.75
17.73
17.85
20.31
22.45
22.92
20.82
22.22
20.82
20.57
39
4.29
Payout ratio%
15.87
14.43
14.66
17.21
15.24
17.15
15.09
12.71
14.10
15.86
20.07
15.09
15.17
10
163.1
Shares (diluted)M
230.9
240.2
243.9
243.0
233.0
268.7
256.2
280.8
313.0
338.2
159.5
7.74%
5.25%
72
4.69
Buyback yield%
25.46
25.27
22.73
24.47
26.52
29.03
31.02
30.84
29.67
29.54
2.41
29.67
27.77
63
0.439
D/E ratiox
1.463
1.473
1.410
1.584
1.667
1.783
1.839
1.852
2.080
2.216
1.365
1.852
1.725
50
227.9
Enterprise value$M
467.5
475.6
493.0
441.2
492.5
501.0
446.0
430.0
452.0
502.0
121.5
0.39%
(0.24%)
40
1.107
LT debt$B
0.930
0.983
1.074
1.107
1.077
1.100
1.052
1.203
1.173
1.395
0.454
5.31%
5.40%
28
Revenue
$1.648B
5.60%
1.00×
Cost of revenue
$724.1M
5.61%
1.00×
Operating expenses
$365.4M
5.04%
0.95×
Spread over hurdle
60.77%