1.920
Revenue$B
1.667
1.719
1.814
1.920
2.015
2.098
2.186
2.210
2.246
2.330
2.131
2.95%
3.69%
51
14.13
Revenue growth%
22.47
19.61
21.60
22.96
22.11
21.95
19.79
17.22
14.30
12.41
10.08
17.22
20.69
71
4.09
Gross margin%
11.09
12.46
14.40
14.30
14.86
16.46
15.68
16.39
14.79
14.50
3.05
15.68
14.65
62
7.21
Operating margin%
16.15
16.09
13.40
13.16
10.53
11.02
13.77
12.07
14.28
14.01
27.61
13.77
13.59
91
18.40
Net margin%
6.37
4.30
5.11
4.38
3.52
3.94
5.45
5.57
3.82
2.99
15.08
3.94
4.34
31
32.21
P/E ratio (avg)x
19.84
23.63
24.69
23.77
24.60
25.16
27.95
32.10
37.53
43.97
6.329
32.10
24.92
51
34.18
EV/EBITx
11.32
11.80
13.27
15.64
15.26
17.60
16.66
18.97
21.16
23.10
22.36
18.97
16.15
56
28.22
FCF yield (avg)%
18.64
20.26
19.74
22.09
24.03
24.56
21.77
24.77
27.49
28.58
5.11
24.77
23.06
61
2.42
FCF margin%
19.57
18.40
20.67
21.54
23.65
23.02
20.58
20.96
21.20
20.59
3.43
20.96
20.81
33
1.468
FCF / Net incomex
2.074
2.352
2.674
2.947
3.351
3.512
3.569
3.843
3.608
3.444
1.462
3.569
3.397
86
24.20
ROIC%
7.47
10.16
10.50
10.82
10.45
12.10
10.02
7.76
9.48
9.65
18.67
9.65
10.09
22
26.36
Return on equity%
22.33
24.31
24.29
26.70
29.31
30.43
31.15
33.05
35.43
38.05
14.62
33.05
29.87
41
8.47
Return on assets%
26.21
25.71
27.59
24.65
25.40
26.15
26.47
25.16
24.71
22.51
17.21
25.16
25.55
69
8.26
EPS$
8.94
9.53
10.74
12.39
11.96
13.39
15.17
17.27
19.88
20.74
9.24
11.64%
8.56%
—
5.82
EPS growth%
3.69
1.75
0.40
1.30
3.87
6.43
4.26
5.31
7.59
7.88
25.70
6.43
4.06
52
2.69
Bookvalue per sh$
5.29
5.04
4.59
4.67
4.36
4.14
3.59
3.32
2.93
2.57
2.05
(10.01%)
(7.54%)
—
3.96
FCF per share$
3.81
4.26
4.58
4.54
5.19
5.22
5.13
5.63
5.53
6.41
1.74
4.34%
6.02%
—
4.70
Dividend per sh$
8.53
8.72
8.17
8.44
9.60
9.68
9.42
10.01
9.40
10.38
2.13
1.57%
2.16%
—
25.21
Div yield (avg)%
12.52
14.85
14.14
15.69
13.70
14.61
15.44
13.60
12.60
15.38
8.14
14.61
14.37
30
12.33
Payout ratio%
20.12
19.78
20.52
20.18
22.09
23.88
22.67
24.10
23.81
23.52
16.52
23.81
22.38
76
128.5
Shares (diluted)M
158.5
179.4
172.0
190.1
197.1
216.4
246.2
290.6
278.7
292.8
126.6
8.24%
7.10%
73
16.35
Buyback yield%
28.71
30.74
28.63
28.69
29.52
28.59
25.64
25.55
25.11
25.61
27.09
25.61
28.61
72
1.693
D/E ratiox
0.895
0.865
0.887
0.856
0.968
1.071
1.080
1.271
1.286
1.429
1.202
1.271
1.020
5
1.682
Enterprise value$B
1.064
1.236
1.161
1.201
1.264
1.223
1.320
1.445
1.378
1.324
1.137
0.94%
2.09%
24
0.947
LT debt$B
2.297
2.437
2.159
2.191
2.312
2.416
2.178
2.331
2.104
1.922
1.857
(3.63%)
(1.93%)
87
Revenue
$2.330B
3.69%
1.00×
Cost of revenue
$1.522B
3.93%
1.02×
Operating expenses
$474.1M
3.46%
0.98×
Spread over hurdle
(0.17%)