2.003
Revenue$B
2.095
2.248
2.369
2.578
2.774
3.016
3.158
3.410
3.629
3.845
2.059
6.75%
6.81%
64
9.34
Revenue growth%
13.64
10.68
11.93
11.52
11.01
12.45
15.24
13.22
12.50
14.58
9.06
13.22
12.48
60
15.05
Gross margin%
3.10
0.89
1.83
2.97
5.91
7.46
4.48
4.89
2.30
2.42
7.43
4.48
3.03
70
10.39
Operating margin%
20.58
22.76
24.51
22.43
21.98
23.73
22.53
25.53
23.89
24.89
10.87
23.89
23.24
19
11.56
Net margin%
11.33
11.80
14.44
14.52
14.19
14.15
13.56
11.86
12.58
15.03
26.55
13.56
13.85
42
9.177
P/E ratio (avg)x
29.97
28.71
29.06
31.09
31.72
36.64
42.29
47.82
45.97
47.41
28.34
45.97
34.18
34
24.95
EV/EBITx
42.69
41.68
46.77
45.90
52.56
53.58
55.37
65.51
73.46
77.22
11.43
65.51
53.07
79
10.44
FCF yield (avg)%
25.25
25.18
24.53
26.25
28.97
30.80
28.94
27.16
25.58
23.81
25.27
27.16
25.91
17
23.52
FCF margin%
3.12
2.99
3.48
4.93
4.17
4.55
2.91
4.64
4.16
2.17
15.82
4.16
3.82
41
0.218
FCF / Net incomex
1.648
1.709
1.735
2.047
1.957
2.102
2.029
2.166
2.173
2.201
1.135
2.166
2.038
6
28.09
ROIC%
27.92
29.67
30.44
31.78
32.33
32.09
34.03
36.29
37.14
34.93
12.66
34.93
32.21
50
15.09
Return on equity%
10.53
8.00
8.02
7.01
9.87
11.03
11.56
8.87
6.17
4.12
21.07
8.87
8.44
84
12.65
Return on assets%
14.26
13.91
15.16
13.83
12.90
12.29
14.03
11.08
10.82
11.60
25.55
11.60
13.36
15
1.72
EPS$
1.78
1.78
1.62
1.55
1.48
1.57
1.65
1.57
1.49
1.41
1.88
(0.98%)
(3.86%)
—
2.92
EPS growth%
34.19
35.83
38.49
36.15
37.90
36.68
36.27
37.84
37.48
37.38
15.68
37.38
37.03
10
0.79
Bookvalue per sh$
1.02
1.11
1.05
1.12
1.18
1.03
0.95
0.86
0.91
0.92
0.60
(4.96%)
(2.30%)
—
1.59
FCF per share$
1.57
1.61
1.60
1.64
1.66
1.92
2.09
2.28
2.54
2.89
2.55
11.65%
5.79%
—
2.61
Dividend per sh$
1.83
1.92
2.26
2.29
2.53
2.65
2.53
2.56
2.73
2.88
2.47
2.60%
4.90%
—
22.74
Div yield (avg)%
4.46
5.46
4.30
3.00
0.62
2.82
5.02
6.18
5.13
6.98
26.88
5.13
4.74
43
21.46
Payout ratio%
12.65
14.67
13.36
14.26
16.99
14.16
12.94
12.64
14.97
12.67
4.95
12.94
13.76
87
0.583
Shares (diluted)B
0.797
0.873
0.978
1.019
0.970
0.928
1.036
1.131
1.079
1.236
0.575
4.96%
4.55%
6
16.69
Buyback yield%
18.99
20.31
17.94
19.09
18.24
17.15
15.25
15.66
15.61
14.22
12.90
15.61
17.55
83
0.711
D/E ratiox
0.811
0.824
0.939
0.846
0.918
0.949
0.984
1.089
1.241
1.406
0.404
1.089
0.944
79
1.768
Enterprise value$B
1.205
1.316
1.180
1.093
1.174
1.158
1.203
1.254
1.085
1.022
4.146
(2.74%)
(3.07%)
71
2.516
LT debt$B
1.019
1.132
1.115
1.214
1.219
1.350
1.439
1.618
1.520
1.507
2.897
4.34%
4.33%
41
Revenue
$3.845B
6.81%
1.00×
Cost of revenue
$2.531B
6.74%
0.99×
Operating expenses
$881.8M
6.86%
1.00×
Cash and investments
14.54%
Spread over hurdle
(6.00%)