1.724
Revenue$B
4.342
4.617
4.700
4.948
5.269
5.474
5.561
5.882
6.104
6.249
1.841
3.47%
4.05%
52
9.65
Revenue growth%
0.40
0.40
0.40
0.97
0.40
2.12
3.22
5.37
7.60
7.96
12.57
5.37
1.54
77
8.81
Gross margin%
25.00
27.87
28.64
26.40
26.60
25.73
26.07
27.17
27.19
24.75
23.04
26.07
26.50
75
13.66
Operating margin%
26.78
27.79
26.26
26.52
27.49
28.91
27.61
28.41
28.60
30.24
17.34
28.60
27.70
88
4.41
Net margin%
1.13
0.40
1.67
2.18
1.53
2.86
5.01
4.82
2.57
4.29
19.51
4.29
2.38
29
26.64
P/E ratio (avg)x
46.80
53.16
50.00
46.77
51.39
48.93
48.83
50.97
48.71
48.18
13.44
48.83
48.88
84
9.344
EV/EBITx
11.01
10.02
8.525
8.208
8.030
7.942
7.709
6.991
7.437
7.892
24.33
7.709
7.986
53
15.50
FCF yield (avg)%
17.12
15.60
16.98
17.13
16.23
15.05
16.99
16.23
14.01
15.95
27.95
15.95
16.23
86
26.10
FCF margin%
20.21
19.60
16.79
19.18
22.15
19.48
21.98
23.15
23.48
22.31
17.40
22.31
21.09
9
0.933
FCF / Net incomex
1.560
1.458
1.493
1.563
1.524
1.561
1.395
1.499
1.361
1.479
0.906
1.479
1.496
42
9.94
ROIC%
7.63
8.70
9.20
9.72
7.46
6.26
6.92
7.25
4.93
5.47
2.21
6.26
7.36
37
3.62
Return on equity%
14.51
15.78
18.39
19.39
18.94
20.66
22.59
22.50
22.30
19.89
4.19
22.30
19.64
10
3.29
Return on assets%
16.92
19.80
17.54
19.02
20.66
21.84
21.90
21.56
19.77
19.49
10.81
21.56
19.79
30
15.85
EPS$
6.57
7.36
7.58
7.01
6.61
6.29
6.24
6.38
6.22
6.69
16.32
0.22%
1.31%
—
20.67
EPS growth%
31.18
30.36
31.80
34.28
33.07
32.46
32.34
34.75
36.08
34.20
25.49
34.20
32.77
86
11.15
Bookvalue per sh$
5.50
5.58
6.59
7.27
8.50
9.54
9.13
8.82
10.21
11.13
5.89
5.53%
7.49%
—
9.06
FCF per share$
8.84
9.39
9.99
10.10
10.26
10.65
10.71
9.63
9.71
10.10
11.57
(0.31%)
0.87%
—
4.75
Dividend per sh$
32.17
33.13
38.88
38.72
40.86
43.38
42.53
48.90
55.65
59.57
9.50
7.83%
8.13%
—
6.44
Div yield (avg)%
29.31
28.84
30.54
31.09
28.20
26.50
29.42
30.70
27.85
30.18
21.49
29.42
29.36
32
11.44
Payout ratio%
20.62
18.93
18.65
19.34
20.30
17.51
17.49
17.93
19.84
22.71
22.84
17.93
19.13
78
235.8
Shares (diluted)M
253.1
287.0
301.9
317.6
355.3
404.9
382.2
367.7
358.6
391.5
246.1
1.96%
4.00%
92
13.99
Buyback yield%
25.52
25.17
28.13
30.75
28.28
26.46
27.70
27.93
27.87
30.61
4.69
27.87
27.90
19
0.146
D/E ratiox
0.423
0.370
0.357
0.380
0.346
0.366
0.309
0.302
0.283
0.255
0.262
0.302
0.352
14
1.945
Enterprise value$B
1.281
1.159
1.017
1.103
0.943
0.940
0.944
0.941
0.912
0.786
2.734
(3.58%)
(5.49%)
15
2.495
LT debt$B
1.889
1.736
1.741
1.700
1.770
1.800
1.861
1.958
1.948
1.809
2.343
0.43%
(0.28%)
36
Revenue
$6.249B
4.05%
1.00×
Cost of revenue
$4.374B
4.05%
1.00×
Operating expenses
$772.9M
4.56%
1.05×
Cash and investments
16.60%
Spread over hurdle
(4.49%)