0.805
Revenue$B
1.956
2.025
2.108
2.179
2.211
2.311
2.327
2.401
2.512
2.565
0.861
3.02%
2.84%
76
3.34
Revenue growth%
15.36
18.16
18.74
16.65
18.18
20.37
19.87
20.47
21.93
23.62
2.74
20.47
19.30
12
8.89
Gross margin%
8.03
10.04
12.26
10.29
12.04
13.22
11.89
14.84
13.55
15.18
11.63
13.55
12.15
64
29.38
Operating margin%
7.39
7.57
7.89
6.41
7.59
6.73
5.74
3.41
4.77
2.63
19.16
4.77
6.57
10
10.22
Net margin%
15.89
15.49
13.13
13.34
12.26
15.24
13.87
12.67
10.10
9.26
25.13
12.67
13.24
25
14.30
P/E ratio (avg)x
43.67
49.30
55.04
56.87
67.65
72.37
69.98
77.51
82.46
84.89
7.109
77.51
68.82
32
23.78
EV/EBITx
45.82
50.34
58.48
66.53
75.70
78.49
81.13
76.84
78.48
77.06
30.01
78.48
76.27
21
13.21
FCF yield (avg)%
26.13
27.06
25.64
23.21
21.28
23.19
23.98
26.25
24.77
22.25
23.44
23.98
24.37
74
11.36
FCF margin%
15.33
14.36
15.10
17.23
19.88
22.16
23.40
21.47
24.05
24.16
8.01
23.40
20.68
93
0.759
FCF / Net incomex
0.639
0.585
0.659
0.620
0.590
0.643
0.604
0.563
0.528
0.532
1.773
0.563
0.597
66
7.77
ROIC%
37.11
34.94
32.92
32.18
32.26
31.97
30.53
32.98
32.76
31.45
22.93
31.97
32.51
37
28.84
Return on equity%
25.65
23.61
26.15
27.87
29.81
29.31
31.65
32.76
31.71
34.49
12.55
31.71
29.56
6
29.49
Return on assets%
10.23
9.31
12.21
11.48
13.97
14.58
15.84
14.52
15.41
17.98
28.99
15.41
14.25
49
5.04
EPS$
3.57
3.40
3.17
3.32
3.76
3.49
3.62
3.68
3.68
3.53
5.60
(1.25%)
0.68%
—
28.49
EPS growth%
30.18
31.32
32.58
33.60
35.25
32.37
33.83
31.30
30.05
28.70
10.32
31.30
31.85
86
4.72
Bookvalue per sh$
6.96
6.27
5.54
4.77
4.43
4.15
4.51
4.72
4.12
4.43
6.13
—
(3.86%)
—
1.46
FCF per share$
5.94
6.68
7.05
7.20
7.27
7.12
7.25
7.80
8.63
8.17
5.15
2.36%
4.25%
—
6.78
Dividend per sh$
2.43
2.81
2.84
2.88
3.38
3.61
3.74
4.25
5.00
5.73
1.49
11.12%
10.75%
—
25.86
Div yield (avg)%
22.09
19.54
22.21
23.10
23.28
20.97
18.72
17.95
18.16
16.10
27.95
18.16
20.25
11
10.37
Payout ratio%
4.67
6.72
5.54
8.41
6.82
3.84
5.14
6.43
6.59
6.39
26.17
6.39
6.41
52
186.0
Shares (diluted)M
368.9
377.7
390.3
462.5
454.0
465.0
520.4
567.0
657.5
635.0
185.5
6.94%
7.54%
46
28.12
Buyback yield%
30.95
31.43
31.97
32.05
29.99
31.17
31.73
34.54
33.44
34.31
6.10
33.44
31.85
63
0.576
D/E ratiox
0.580
0.577
0.616
0.677
0.767
0.752
0.779
0.850
0.958
0.907
1.018
0.850
0.760
66
2.431
Enterprise value$B
3.480
3.544
3.862
3.763
3.582
3.414
3.383
3.281
3.874
4.058
2.049
2.52%
1.54%
14
0.128
LT debt$B
2.658
2.456
2.253
2.159
2.196
2.121
1.936
1.840
2.008
2.222
2.556
0.23%
(2.66%)
11
Revenue
$2.565B
2.84%
1.00×
Cost of revenue
$1.425B
2.44%
0.96×
Operating expenses
$549.5M
3.37%
1.05×
Goodwill & intangibles
17.05%
Spread over hurdle
(6.05%)