1.124
Revenue€B
4.131
4.258
4.276
4.345
4.512
4.593
4.731
4.842
4.941
5.055
1.166
2.30%
2.32%
44
20.47
Revenue growth%
7.36
5.19
5.40
2.50
5.03
3.70
2.99
4.24
6.80
8.26
27.11
4.24
5.11
25
20.86
Gross margin%
17.35
16.01
16.40
18.32
21.09
23.31
22.85
23.47
22.79
25.41
4.15
23.31
21.94
43
5.79
Operating margin%
15.65
18.64
20.13
23.03
24.00
23.45
23.57
26.19
24.09
22.41
7.71
23.57
23.24
78
10.06
Net margin%
8.78
7.70
7.75
5.88
3.89
3.99
4.16
4.47
5.23
2.56
21.10
4.16
4.85
68
10.18
P/E ratio (avg)x
33.85
36.01
35.92
40.96
48.05
53.11
59.51
69.45
79.82
81.94
22.55
69.45
50.58
34
21.50
EV/EBITx
23.63
27.34
32.33
36.75
39.32
41.81
45.51
47.78
53.35
56.62
30.96
47.78
40.56
69
16.07
FCF yield (avg)%
0.40
1.62
2.51
2.86
0.62
1.85
0.40
0.40
0.40
1.32
21.69
0.40
0.97
43
21.81
FCF margin%
21.21
23.51
25.85
26.84
28.05
27.34
29.04
30.88
28.69
26.10
17.43
28.69
27.09
9
0.369
FCF / Net incomex
1.334
1.226
1.407
1.574
1.648
1.617
1.592
1.788
1.984
1.820
0.812
1.788
1.605
34
11.55
ROIC%
33.14
31.89
29.74
27.14
28.98
28.36
29.77
30.48
28.59
27.38
28.23
28.59
29.36
84
17.03
Return on equity%
6.47
9.00
8.51
10.38
11.66
8.71
7.39
5.49
4.75
4.61
8.64
5.49
7.95
62
29.21
Return on assets%
32.27
29.31
29.92
32.01
31.58
34.35
34.51
32.43
31.64
34.30
5.14
34.30
32.14
9
7.15
EPS€
6.83
7.31
7.97
7.99
8.90
10.09
11.05
12.28
12.59
14.10
7.65
9.65%
8.48%
—
28.24
EPS growth%
33.37
36.11
34.72
35.19
36.38
39.27
38.13
39.56
38.49
36.76
26.32
38.49
36.57
67
4.68
Bookvalue per sh€
10.88
11.09
13.05
13.32
13.02
13.68
15.82
15.86
18.27
20.98
4.14
10.01%
8.42%
—
1.87
FCF per share€
8.99
10.06
12.11
13.27
15.66
15.67
17.61
20.86
20.51
21.66
1.41
6.71%
10.30%
—
3.60
Dividend per sh€
8.25
8.72
8.37
7.79
7.91
8.29
8.25
8.88
8.36
7.70
2.42
(0.55%)
0.11%
—
28.99
Div yield (avg)%
4.60
1.76
4.14
4.78
2.52
0.40
1.41
0.40
0.40
2.24
23.95
0.40
2.00
16
9.30
Payout ratio%
19.76
16.80
19.42
17.29
18.38
17.35
17.62
17.85
20.71
17.94
18.69
17.85
17.90
22
297.7
Shares (diluted)M
433.8
509.5
598.3
635.4
761.8
794.0
823.9
845.4
842.2
822.4
284.8
1.54%
7.92%
39
11.43
Buyback yield%
0.68
0.40
1.97
0.99
0.40
3.04
1.67
2.36
0.40
2.93
4.48
2.36
1.33
58
0.903
D/E ratiox
0.098
0.110
0.103
0.110
0.111
0.121
0.110
0.117
0.118
0.129
0.512
0.118
0.111
28
0.966
Enterprise value€B
3.437
3.420
3.252
3.715
3.531
3.790
4.252
3.981
4.375
4.651
3.190
5.66%
2.92%
84
3.775
LT debt€B
0.994
1.083
1.189
1.133
1.041
1.064
0.949
0.882
0.940
0.927
2.238
(2.31%)
(0.59%)
57
Revenue
€5.055B
2.32%
1.00×
Cost of revenue
€2.483B
2.25%
0.99×
Operating expenses
€1.258B
2.88%
1.06×
Property and equipment
22.49%
Spread over hurdle
25.11%