3.977
Revenue$B
2.039
2.146
2.290
2.469
2.676
2.825
3.090
3.259
3.580
3.842
4.143
7.50%
7.43%
33
4.05
Revenue growth%
24.97
27.32
29.08
32.07
32.10
32.59
33.30
31.14
30.40
33.02
8.39
32.59
31.61
72
12.35
Gross margin%
26.56
29.48
29.92
27.64
25.30
27.87
26.00
26.17
23.67
23.67
10.65
26.00
26.37
53
15.01
Operating margin%
15.95
17.06
17.62
15.07
14.61
13.59
10.72
13.33
13.00
15.38
18.80
13.33
14.84
27
15.75
Net margin%
10.04
10.93
11.91
14.35
13.10
13.11
14.90
17.59
15.18
12.21
12.83
14.90
13.10
42
21.64
P/E ratio (avg)x
16.02
14.47
12.75
13.90
13.39
12.62
12.59
12.40
11.26
11.65
7.657
12.40
12.68
44
27.64
EV/EBITx
11.56
10.41
9.558
9.320
10.13
10.73
10.09
10.54
9.672
10.40
16.14
10.40
10.26
53
11.71
FCF yield (avg)%
20.19
20.39
19.58
16.84
16.60
16.30
13.51
12.55
14.64
17.36
17.58
14.64
16.72
38
14.13
FCF margin%
8.17
9.31
7.21
8.73
11.22
13.72
11.51
10.86
10.76
9.93
23.35
10.86
10.34
37
0.538
FCF / Net incomex
0.623
0.540
0.467
0.489
0.487
0.453
0.465
0.467
0.407
0.418
1.145
0.453
0.467
63
24.17
ROIC%
25.65
28.44
30.74
28.01
29.01
27.37
28.60
26.97
27.88
27.17
10.40
27.37
27.94
26
8.11
Return on equity%
6.18
5.43
7.26
7.03
5.05
4.70
4.93
6.71
8.47
6.23
11.63
6.23
6.20
69
8.82
Return on assets%
1.77
0.40
1.90
3.28
1.55
4.20
5.04
4.69
2.76
0.87
3.28
4.20
2.33
76
1.46
EPS$
2.79
3.23
3.08
3.11
3.34
3.55
3.97
3.90
3.75
3.68
1.56
2.01%
4.10%
—
3.21
EPS growth%
7.66
8.92
10.90
9.46
7.79
10.70
10.61
8.40
8.25
5.30
2.78
8.40
8.66
46
1.97
Bookvalue per sh$
1.13
1.32
1.44
1.58
1.76
1.83
1.78
1.74
1.80
2.10
1.26
3.57%
8.33%
—
1.63
FCF per share$
4.15
4.31
4.37
4.89
5.25
4.88
5.48
6.23
6.03
5.96
3.57
2.56%
3.69%
—
2.93
Dividend per sh$
4.65
4.74
5.52
5.30
6.20
6.46
6.49
6.83
6.72
7.85
1.78
4.81%
4.85%
—
6.58
Div yield (avg)%
14.85
14.17
13.03
14.15
14.61
12.87
9.93
12.74
10.85
9.06
18.45
10.85
12.95
38
8.43
Payout ratio%
11.36
10.06
9.08
11.44
14.09
12.80
12.97
13.49
13.19
11.36
4.69
12.97
12.12
44
1.042
Shares (diluted)B
0.979
1.022
1.046
1.050
0.905
0.768
0.675
0.730
0.648
0.566
1.057
(8.95%)
(5.58%)
16
11.58
Buyback yield%
16.75
15.27
16.20
15.36
12.91
14.15
16.86
15.25
15.18
16.58
5.69
15.25
15.31
26
1.431
D/E ratiox
0.072
0.076
0.078
0.081
0.073
0.074
0.066
0.061
0.064
0.061
1.778
0.064
0.073
55
4.326
Enterprise value$B
2.907
3.089
3.462
3.368
3.650
4.078
4.162
4.339
4.626
4.980
2.008
6.41%
6.70%
16
1.285
LT debt$B
1.268
1.172
1.199
1.316
1.169
1.190
1.061
1.111
1.248
1.360
0.829
3.06%
(0.06%)
74
Revenue
$3.842B
7.43%
1.00×
Cost of revenue
$2.598B
7.70%
1.03×
Operating expenses
$750.5M
6.94%
0.96×
Property and equipment
18.73%
Spread over hurdle
11.87%