2.727
Revenue$B
1.451
1.529
1.631
1.787
1.925
2.113
2.248
2.466
2.688
2.860
2.846
8.24%
7.88%
81
15.21
Revenue growth%
16.33
16.85
19.09
19.23
18.00
17.33
17.22
18.53
19.48
19.55
4.21
18.53
18.26
64
9.78
Gross margin%
13.65
11.76
11.88
11.78
11.84
11.50
14.19
15.01
15.47
15.53
13.03
15.01
12.77
83
15.64
Operating margin%
15.44
13.96
12.07
10.93
12.78
12.28
15.02
17.67
17.23
19.99
7.99
17.23
14.49
33
20.65
Net margin%
11.99
13.10
11.46
10.23
11.26
11.34
8.64
11.03
11.74
14.70
6.70
11.34
11.40
86
26.53
P/E ratio (avg)x
12.60
13.05
12.77
13.37
12.41
13.23
14.54
14.50
15.93
16.83
8.478
14.54
13.30
50
20.10
EV/EBITx
19.52
20.71
23.06
22.45
23.97
26.89
30.37
31.85
33.93
33.68
21.11
31.85
25.43
29
27.17
FCF yield (avg)%
21.41
20.19
17.94
19.33
17.40
15.92
18.70
21.34
21.71
21.13
21.31
21.13
19.76
82
26.19
FCF margin%
5.34
4.09
2.68
3.70
4.34
4.07
3.99
6.62
6.88
7.76
18.83
6.62
4.21
35
1.274
FCF / Net incomex
2.438
2.597
2.435
2.318
2.167
2.196
2.230
2.589
2.715
2.836
1.112
2.589
2.437
34
24.96
ROIC%
18.67
20.39
18.52
16.43
15.44
17.23
15.17
13.05
12.31
14.21
8.41
14.21
15.93
52
17.09
Return on equity%
0.40
0.97
0.84
0.48
2.44
2.28
0.52
1.77
0.40
0.40
5.22
0.52
0.68
89
15.61
Return on assets%
30.38
33.30
33.67
31.56
30.58
27.62
27.10
27.71
30.21
31.70
16.87
27.71
30.48
86
11.59
EPS$
103.78
103.42
107.75
105.93
112.05
111.85
120.97
138.42
164.99
188.78
12.24
11.00%
8.12%
—
22.38
EPS growth%
22.88
22.13
22.22
20.68
19.87
19.92
22.36
23.09
25.34
27.42
24.10
23.09
22.29
23
33.70
Bookvalue per sh$
15.81
16.79
17.49
18.48
19.33
20.15
20.77
23.99
23.80
28.28
47.35
7.90%
7.12%
—
49.07
FCF per share$
9.43
8.64
9.69
11.13
10.20
11.28
12.65
14.31
15.18
17.29
52.18
11.13%
6.82%
—
28.58
Dividend per sh$
46.40
53.73
61.31
70.90
66.70
62.47
67.65
63.72
61.74
70.32
16.22
1.06%
3.82%
—
29.01
Div yield (avg)%
14.81
14.59
13.94
11.13
8.58
6.57
9.41
11.90
10.33
12.33
12.16
10.33
11.51
14
6.24
Payout ratio%
19.95
22.91
20.48
17.80
20.13
18.07
19.65
19.47
20.85
21.03
6.14
19.65
20.04
28
39.81
Shares (diluted)M
45.55
42.79
40.36
38.86
38.91
37.04
34.38
33.74
36.16
39.57
39.11
0.34%
(0.28%)
69
14.96
Buyback yield%
4.26
4.60
2.07
0.56
2.78
2.07
3.77
2.08
0.40
0.40
4.70
2.07
2.08
11
0.997
D/E ratiox
1.381
1.403
1.565
1.626
1.870
1.792
1.936
1.880
2.128
2.078
1.724
1.936
1.831
30
1.913
Enterprise value$B
2.044
2.133
2.376
2.424
2.211
2.034
1.875
1.781
2.028
1.880
0.475
(3.20%)
(0.54%)
34
0.465
LT debt$B
0.656
0.758
0.874
0.949
0.919
1.012
1.002
1.134
1.088
1.017
2.276
2.06%
4.34%
28
Revenue
$2.860B
7.88%
1.00×
Cost of revenue
$1.497B
7.95%
1.01×
Operating expenses
$597.7M
7.88%
1.00×
Spread over hurdle
44.82%