1.870
Revenue$B
3.548
3.593
3.683
3.831
3.946
4.019
4.089
4.291
4.327
4.516
1.961
2.74%
2.74%
41
5.11
Revenue growth%
0.40
0.40
0.80
0.40
1.66
4.32
1.95
0.63
2.06
3.22
9.74
2.06
1.23
13
6.96
Gross margin%
4.16
1.38
3.03
1.43
1.74
1.37
3.67
6.33
5.45
8.41
17.90
5.45
3.35
24
17.98
Operating margin%
29.74
30.54
30.13
28.93
30.96
33.70
32.91
35.17
35.17
36.96
10.93
35.17
31.93
87
24.69
Net margin%
24.08
22.09
21.79
21.57
22.60
22.25
22.00
22.79
19.99
17.63
24.80
22.00
22.04
88
16.76
P/E ratio (avg)x
35.89
35.04
33.48
36.75
36.81
37.21
40.18
43.47
40.95
39.57
12.44
40.18
37.01
55
17.77
EV/EBITx
20.49
21.37
20.15
21.07
22.65
24.30
25.65
26.57
26.87
24.91
9.573
25.65
23.48
38
9.02
FCF yield (avg)%
20.19
19.44
19.01
17.47
18.39
16.93
19.54
17.82
15.59
17.41
16.44
17.41
18.11
14
27.48
FCF margin%
31.13
29.68
30.17
32.56
35.03
32.38
30.66
33.05
30.05
27.97
15.40
30.66
30.90
56
0.565
FCF / Net incomex
0.560
0.605
0.651
0.756
0.788
0.851
0.879
0.925
0.912
0.954
0.548
0.912
0.820
14
14.63
ROIC%
19.62
20.17
19.90
19.65
21.41
23.88
21.51
20.16
21.57
23.01
12.90
21.57
20.79
58
21.92
Return on equity%
8.99
8.22
8.42
9.58
11.09
10.79
9.76
11.35
11.96
9.98
22.44
10.79
9.87
22
6.02
Return on assets%
13.00
14.93
15.48
13.40
12.69
10.03
11.50
12.50
10.79
11.25
29.76
11.25
12.60
26
6.22
EPS$
6.30
6.22
7.30
7.23
8.35
8.99
10.38
10.65
12.53
13.88
6.44
10.69%
9.65%
—
29.93
EPS growth%
17.37
20.35
18.68
17.03
15.05
12.55
11.91
10.35
7.70
10.48
3.65
10.48
13.80
59
5.22
Bookvalue per sh$
5.59
5.99
6.41
6.28
6.12
5.57
5.64
6.25
5.94
5.94
1.10
(0.59%)
1.16%
—
2.76
FCF per share$
1.32
1.30
1.26
1.20
1.02
0.96
1.04
0.91
0.94
0.91
6.72
(2.27%)
(3.46%)
—
5.27
Dividend per sh$
4.32
3.86
4.14
3.74
3.48
3.76
4.00
3.84
3.44
3.12
6.69
(2.21%)
(3.57%)
—
23.81
Div yield (avg)%
16.38
17.86
15.61
16.91
17.01
15.42
16.47
16.79
16.92
16.98
18.63
16.79
16.85
72
28.50
Payout ratio%
23.62
26.56
29.38
30.26
28.07
26.60
28.22
29.28
30.77
29.45
9.37
29.28
28.75
68
207.6
Shares (diluted)M
214.4
239.7
226.2
237.5
225.3
210.1
200.7
208.6
214.8
222.9
207.2
(0.22%)
(0.06%)
85
23.55
Buyback yield%
30.26
28.25
29.23
28.98
27.13
28.90
27.55
30.37
32.89
35.27
17.48
30.37
29.10
62
1.663
D/E ratiox
1.936
2.182
2.578
2.729
2.793
2.740
3.098
3.683
3.894
4.289
1.497
3.683
2.766
81
3.232
Enterprise value$B
5.682
5.865
6.464
7.530
7.570
8.101
9.236
9.041
10.18
10.26
0.598
6.27%
6.40%
50
0.642
LT debt$B
0.172
0.172
0.179
0.177
0.173
0.191
0.201
0.216
0.237
0.245
2.819
7.23%
2.75%
35
Revenue
$4.516B
2.74%
1.00×
Cost of revenue
$3.161B
2.74%
1.00×
Operating expenses
$923.6M
2.73%
1.00×
Property and equipment
19.50%
Spread over hurdle
23.13%