0.928
Revenue$B
4.428
4.512
4.583
4.726
4.771
4.865
4.829
4.883
4.974
5.116
1.012
1.41%
1.38%
62
15.74
Revenue growth%
14.99
15.56
13.01
10.56
9.64
6.73
8.18
5.98
8.62
9.92
12.77
8.18
9.78
45
9.23
Gross margin%
24.17
22.84
22.93
25.47
25.94
25.93
23.52
25.98
25.67
27.22
12.34
25.93
25.57
48
5.74
Operating margin%
15.98
14.12
13.20
11.46
10.82
13.41
11.51
11.22
12.58
12.29
16.76
12.29
12.43
52
12.66
Net margin%
5.56
7.89
9.02
8.60
6.37
5.16
3.00
5.47
8.19
9.23
15.69
5.47
7.13
56
34.05
P/E ratio (avg)x
31.50
36.26
35.21
33.88
37.27
35.38
38.66
43.37
48.84
51.45
19.30
43.37
36.76
58
33.12
EV/EBITx
28.58
31.99
32.12
35.50
35.97
33.91
33.48
37.27
38.08
36.44
9.471
36.44
34.71
12
17.87
FCF yield (avg)%
22.41
24.62
22.42
23.56
21.83
22.48
25.47
27.55
30.29
30.09
21.18
27.55
24.09
54
29.87
FCF margin%
13.23
15.11
17.84
17.69
20.42
19.12
21.65
24.02
22.62
20.10
13.65
21.65
19.61
57
1.338
FCF / Net incomex
0.289
0.257
0.251
0.270
0.291
0.268
0.230
0.198
0.206
0.198
0.598
0.206
0.254
22
21.90
ROIC%
7.58
5.57
4.57
4.61
7.57
9.29
10.67
7.90
7.16
7.32
10.95
7.90
7.44
86
24.07
Return on equity%
8.53
5.84
3.13
4.98
6.03
8.51
7.40
7.09
9.03
7.41
10.60
7.41
7.24
16
15.77
Return on assets%
12.01
13.34
15.96
13.63
15.38
13.68
11.72
14.14
12.03
13.52
8.26
13.52
13.58
13
9.56
EPS$
23.77
22.39
21.49
24.05
25.07
28.22
29.89
29.01
26.78
27.85
10.52
2.13%
0.78%
—
3.34
EPS growth%
3.78
5.92
3.72
2.74
0.69
0.40
0.40
0.40
0.40
0.40
25.89
0.40
0.55
44
28.02
Bookvalue per sh$
58.57
63.40
72.41
82.30
82.67
99.19
111.04
122.44
131.66
130.43
10.46
9.55%
8.52%
—
17.37
FCF per share$
5.15
5.22
4.80
4.78
4.87
4.83
4.86
4.16
4.10
3.97
15.89
(3.97%)
(2.92%)
—
27.88
Dividend per sh$
19.36
20.93
22.18
23.16
24.62
21.76
19.19
20.25
19.47
21.03
40.41
(3.10%)
1.25%
—
9.96
Div yield (avg)%
19.10
17.98
17.59
17.27
16.76
15.42
14.64
13.14
15.82
13.10
13.12
14.64
16.29
22
18.79
Payout ratio%
0.40
1.12
0.40
0.40
2.01
3.59
4.45
5.79
8.31
9.82
23.69
5.79
2.80
51
98.12
Shares (diluted)M
143.0
158.1
157.8
157.9
173.4
187.6
186.3
189.6
201.9
233.4
99.48
6.12%
6.05%
42
9.68
Buyback yield%
16.88
19.30
17.24
15.66
17.07
18.09
18.72
19.86
18.53
17.14
24.95
18.53
17.67
12
1.696
D/E ratiox
2.445
2.796
3.006
2.921
3.357
3.714
3.711
3.686
3.879
4.360
0.413
3.714
3.522
94
1.799
Enterprise value$B
2.812
2.907
3.347
3.332
3.662
4.200
4.565
5.360
5.154
5.543
3.594
8.65%
6.95%
77
1.292
LT debt$B
3.925
3.600
3.224
3.204
2.910
2.841
2.519
2.695
2.876
3.007
1.741
0.66%
(2.42%)
72
Revenue
$5.116B
1.38%
1.00×
Cost of revenue
$3.581B
1.38%
1.00×
Operating expenses
$1.154B
1.83%
1.04×
Cash and investments
17.43%
Property and equipment
16.91%
Spread over hurdle
(5.71%)