1.234
Revenue$B
1.415
1.463
1.519
1.632
1.694
1.763
1.883
1.979
2.137
2.247
1.341
5.81%
5.12%
80
22.28
Revenue growth%
8.39
7.21
6.24
4.29
6.34
9.25
7.36
9.81
10.67
11.92
10.28
9.81
7.88
14
23.83
Gross margin%
13.47
14.68
14.16
13.17
13.44
12.77
12.97
14.92
12.18
12.95
24.27
12.95
13.31
86
17.07
Operating margin%
11.39
10.53
9.71
10.17
11.28
10.88
9.48
8.05
10.71
9.75
7.49
9.75
10.35
33
4.61
Net margin%
24.79
26.67
25.35
22.47
25.20
25.03
27.23
29.81
29.59
28.26
17.88
28.26
26.01
51
14.09
P/E ratio (avg)x
14.74
13.30
14.07
15.19
15.06
15.21
14.46
15.40
13.43
11.81
12.11
14.46
14.60
88
24.43
EV/EBITx
44.42
50.66
56.33
52.02
53.47
61.53
66.48
67.63
74.53
75.75
15.82
67.63
58.93
82
14.74
FCF yield (avg)%
7.84
5.15
5.34
5.41
7.49
6.88
9.70
12.54
13.05
12.04
26.41
12.04
7.66
67
25.58
FCF margin%
10.05
8.13
9.98
10.59
9.10
10.33
10.86
12.31
15.26
16.66
26.87
12.31
10.46
50
1.262
FCF / Net incomex
2.206
2.448
2.680
2.942
2.924
3.029
3.641
4.082
4.910
5.162
0.658
4.082
2.986
14
11.30
ROIC%
27.76
30.44
29.96
28.30
31.16
29.91
28.18
27.30
25.48
24.32
13.24
27.30
28.24
64
13.26
Return on equity%
15.83
16.20
16.34
19.12
22.10
19.59
21.07
23.20
25.68
24.21
23.55
23.20
20.33
12
11.06
Return on assets%
15.44
13.03
12.19
13.33
13.43
11.24
12.46
13.73
16.35
18.69
24.25
13.73
13.38
27
3.19
EPS$
1.32
1.43
1.48
1.69
1.88
2.09
2.27
2.15
1.97
2.01
3.47
1.31%
4.80%
—
18.63
EPS growth%
14.49
13.36
14.56
15.40
15.80
15.55
16.10
14.44
14.50
13.56
9.43
14.50
14.53
64
3.88
Bookvalue per sh$
3.74
3.98
4.02
4.30
4.23
4.46
4.60
5.32
5.20
5.78
0.73
6.44%
4.55%
—
4.37
FCF per share$
5.41
6.40
6.52
7.15
6.96
7.36
8.05
8.43
8.28
9.23
2.18
5.82%
6.05%
—
1.12
Dividend per sh$
1.27
1.25
1.15
1.16
1.02
1.03
1.09
0.97
0.95
0.94
3.05
(1.58%)
(3.01%)
—
26.52
Div yield (avg)%
23.86
24.20
22.39
23.39
20.88
19.26
17.60
18.45
19.11
18.38
9.51
18.45
20.07
7
7.41
Payout ratio%
24.37
21.56
21.97
19.47
21.74
23.23
21.49
20.33
17.82
16.24
24.58
20.33
21.52
87
209.6
Shares (diluted)M
186.9
180.6
168.0
174.2
187.1
204.5
224.8
202.2
220.4
232.6
207.0
4.45%
2.09%
15
7.56
Buyback yield%
22.24
21.32
19.17
21.19
21.81
23.16
22.19
23.79
23.59
23.05
12.72
23.16
22.22
47
0.251
D/E ratiox
1.365
1.435
1.364
1.205
1.138
1.070
1.086
1.144
1.091
1.038
0.144
1.086
1.141
34
0.206
Enterprise value$B
2.726
2.903
3.277
3.765
3.867
3.895
4.133
4.182
4.788
5.542
0.499
7.46%
7.11%
26
363.3
LT debt$M
223.5
191.4
184.3
176.4
177.4
182.3
192.5
184.5
170.4
150.2
603.9
(3.28%)
(3.50%)
30
Revenue
$2.247B
5.12%
1.00×
Cost of revenue
$1.449B
5.45%
1.03×
Operating expenses
$474.0M
4.81%
0.97×
Spread over hurdle
11.24%