2.526
Revenue$B
3.532
3.723
3.895
4.137
4.337
4.491
4.742
4.940
5.137
5.383
2.785
4.41%
5.02%
8
9.44
Revenue growth%
24.74
24.23
23.83
25.82
27.32
25.55
23.88
26.03
23.56
26.51
8.89
25.55
25.15
61
11.47
Gross margin%
15.83
13.49
11.28
11.50
9.45
10.92
8.59
6.69
9.00
6.84
19.57
8.59
10.19
51
26.19
Operating margin%
21.17
23.13
24.76
26.56
28.80
29.70
31.86
31.10
32.66
30.37
29.92
31.10
29.25
38
29.64
Net margin%
9.18
12.13
11.90
10.98
11.22
9.69
11.36
9.11
11.98
14.80
27.18
11.36
11.29
40
17.54
P/E ratio (avg)x
52.14
51.74
48.88
54.74
62.01
56.21
54.52
51.52
54.17
49.73
17.03
54.17
53.16
41
11.49
EV/EBITx
11.66
12.19
12.67
12.72
12.42
12.84
12.85
13.51
12.76
14.90
19.66
12.85
12.74
71
24.57
FCF yield (avg)%
3.65
1.67
2.13
2.13
4.29
2.21
5.01
5.87
6.37
3.55
29.43
5.01
3.60
79
12.53
FCF margin%
20.36
20.91
19.61
19.97
20.62
18.98
18.09
15.95
13.02
10.47
15.23
15.95
19.29
81
0.574
FCF / Net incomex
0.747
0.782
0.866
0.909
1.005
1.075
1.208
1.215
1.442
1.712
0.483
1.215
1.040
67
21.36
ROIC%
2.17
3.78
4.00
6.80
6.51
8.65
6.40
6.74
4.02
6.54
28.30
6.54
6.46
43
21.47
Return on equity%
8.02
6.89
7.78
9.21
6.72
8.53
8.07
8.36
9.80
11.34
11.04
8.53
8.22
55
25.62
Return on assets%
26.30
25.26
22.75
20.35
18.48
19.16
19.00
19.57
21.11
19.22
19.70
19.22
19.96
47
0.88
EPS$
1.51
1.53
1.48
1.55
1.61
1.60
1.53
1.56
1.66
1.50
0.98
(1.42%)
(0.30%)
—
3.26
EPS growth%
20.31
18.80
21.17
22.31
24.36
22.62
20.80
22.79
22.62
24.54
5.69
22.62
22.46
6
2.26
Bookvalue per sh$
1.35
1.47
1.42
1.59
1.88
2.05
2.12
2.35
2.66
2.76
2.57
7.96%
8.83%
—
2.87
FCF per share$
2.28
2.34
2.55
2.59
2.34
2.47
2.49
2.36
2.52
2.55
1.20
1.71%
1.70%
—
1.48
Dividend per sh$
1.51
1.57
1.55
1.75
1.88
2.12
2.30
2.25
2.53
2.89
1.79
8.95%
6.22%
—
25.06
Div yield (avg)%
24.64
24.99
22.80
21.78
22.47
25.00
24.62
26.52
23.59
25.13
8.06
25.00
24.63
50
9.03
Payout ratio%
4.67
2.80
3.33
0.47
0.40
0.97
2.19
0.40
2.53
0.40
9.46
0.97
1.58
48
476.2
Shares (diluted)M
574.7
519.8
478.3
473.4
435.9
412.6
375.1
356.7
384.4
426.4
501.8
(0.44%)
(1.97%)
52
17.12
Buyback yield%
18.56
20.57
18.94
19.39
19.18
17.22
18.27
20.88
20.56
22.38
16.53
20.56
19.28
19
1.297
D/E ratiox
1.805
1.939
2.037
1.758
1.663
1.747
1.754
1.557
1.534
1.413
1.641
1.557
1.750
11
4.342
Enterprise value$B
4.513
4.313
4.441
4.752
5.557
6.087
6.854
6.914
7.534
8.696
1.450
9.37%
7.85%
51
0.813
LT debt$B
0.883
0.934
0.898
0.927
0.932
0.921
0.886
0.941
0.860
0.906
3.778
(0.56%)
0.05%
13
Revenue
$5.383B
5.02%
1.00×
Cost of revenue
$3.432B
4.94%
0.99×
Operating expenses
$821.7M
5.59%
1.06×
Property and equipment
14.29%
Spread over hurdle
(5.36%)