2.480
Revenue$B
3.745
4.015
4.410
4.862
5.374
5.786
6.312
6.930
7.576
8.079
2.668
8.49%
8.97%
41
7.47
Revenue growth%
7.65
7.93
10.60
12.30
11.56
12.51
11.21
11.12
10.90
11.58
20.41
11.21
11.16
49
18.61
Gross margin%
16.52
15.40
17.11
14.96
15.75
16.94
17.71
16.59
16.34
17.26
14.89
16.94
16.55
61
14.78
Operating margin%
3.36
5.42
5.42
5.48
5.72
8.12
7.22
8.25
9.84
10.21
27.46
8.25
6.47
65
13.00
Net margin%
30.90
32.50
34.08
33.57
34.78
32.65
34.91
33.54
32.20
33.33
5.68
33.33
33.44
35
29.69
P/E ratio (avg)x
31.50
34.43
39.63
40.30
45.21
51.64
55.62
60.25
71.92
80.74
17.03
60.25
48.43
48
23.43
EV/EBITx
11.84
11.37
12.10
11.22
11.61
9.819
8.840
9.407
8.522
7.854
20.68
8.840
10.52
72
7.22
FCF yield (avg)%
0.84
3.34
2.32
0.40
0.55
0.40
0.40
1.95
0.40
1.11
8.52
0.40
0.70
70
25.55
FCF margin%
29.33
31.23
33.28
31.05
31.88
29.68
27.53
27.99
25.88
25.42
15.23
27.53
29.50
63
0.999
FCF / Net incomex
1.762
1.695
1.871
2.011
2.044
2.402
2.616
3.051
3.031
3.529
0.164
3.031
2.223
47
25.46
ROIC%
15.13
13.67
11.95
13.59
13.92
11.32
13.75
14.67
14.29
14.49
11.98
14.29
13.84
15
16.05
Return on equity%
12.88
12.78
10.68
12.43
10.81
9.46
9.20
7.03
5.54
7.85
6.71
7.85
10.07
31
7.30
Return on assets%
11.66
12.75
12.04
9.94
7.66
8.76
11.08
12.12
9.91
7.76
12.49
9.91
10.51
77
8.42
EPS$
16.26
17.05
15.94
17.19
18.78
19.67
18.76
18.24
18.06
20.79
8.76
2.05%
2.78%
—
13.21
EPS growth%
2.45
3.25
4.17
2.38
0.99
0.40
1.88
0.81
0.40
2.58
17.50
0.81
2.13
93
15.79
Bookvalue per sh$
5.72
5.66
6.21
6.56
6.92
7.08
7.97
8.49
9.30
9.25
15.30
5.97%
5.87%
—
14.82
FCF per share$
6.60
6.89
7.58
8.91
9.74
11.16
10.99
11.54
12.14
12.34
6.89
4.86%
6.36%
—
18.64
Dividend per sh$
13.80
15.20
18.18
17.62
18.63
18.35
21.59
21.75
21.13
24.02
15.29
5.22%
6.64%
—
10.24
Div yield (avg)%
6.88
4.20
6.03
8.50
10.05
9.60
10.28
7.62
8.28
7.46
14.05
8.28
7.95
87
5.91
Payout ratio%
13.90
14.59
16.92
18.28
19.85
19.97
19.30
16.94
19.63
20.31
23.84
19.63
18.79
17
194.2
Shares (diluted)M
280.6
336.4
351.9
405.1
481.1
576.2
633.6
674.2
688.5
691.1
190.2
7.51%
9.28%
16
3.26
Buyback yield%
26.89
28.08
25.48
25.22
25.39
27.65
27.51
30.08
28.17
29.61
5.49
28.17
27.58
46
0.679
D/E ratiox
2.077
2.444
2.335
2.293
2.509
2.798
3.318
3.630
3.488
4.001
1.794
3.488
2.654
65
6.156
Enterprise value$B
5.372
6.197
6.559
7.480
7.835
8.905
10.49
10.63
11.93
14.31
2.580
12.80%
10.89%
22
6.068
LT debt$B
1.743
1.637
1.494
1.584
1.507
1.550
1.625
1.478
1.563
1.523
2.017
0.22%
(1.00%)
85
Revenue
$8.079B
8.97%
1.00×
Cost of revenue
$5.655B
9.02%
1.00×
Operating expenses
$1.529B
9.09%
1.01×
Goodwill & intangibles
16.46%
Property and equipment
15.18%
Spread over hurdle
(7.12%)