2.531
Revenue$B
2.287
2.363
2.505
2.595
2.691
2.775
2.908
3.057
3.223
3.337
2.824
4.40%
4.01%
69
10.31
Revenue growth%
13.24
11.64
14.09
13.89
11.44
13.62
16.40
17.07
16.56
17.05
23.30
16.56
13.99
33
7.80
Gross margin%
23.83
20.92
22.22
24.25
22.20
21.47
19.84
21.82
23.91
26.03
3.10
21.82
22.21
63
13.79
Operating margin%
20.96
23.24
21.12
19.79
21.08
22.05
22.53
23.74
23.01
21.24
11.92
22.53
21.65
46
10.67
Net margin%
22.63
21.46
20.14
22.46
24.00
23.18
21.84
21.53
19.53
21.91
19.68
21.84
21.88
37
18.08
P/E ratio (avg)x
14.66
14.85
16.12
14.60
14.94
15.15
13.33
11.46
11.90
12.89
10.32
12.89
14.63
33
19.22
EV/EBITx
11.73
11.81
12.29
12.20
12.68
13.04
12.17
13.66
13.20
13.49
23.33
13.20
12.48
93
11.51
FCF yield (avg)%
22.80
21.17
21.26
18.51
20.93
22.70
21.71
19.55
17.46
15.22
15.99
19.55
21.05
60
18.01
FCF margin%
17.53
16.28
13.58
11.28
11.05
12.58
14.07
15.87
13.32
13.29
28.66
13.32
13.45
49
0.646
FCF / Net incomex
1.670
1.798
1.721
1.756
1.895
1.936
1.749
1.525
1.347
1.445
1.103
1.525
1.735
9
23.04
ROIC%
19.86
22.16
20.96
20.27
21.87
22.95
20.55
21.23
21.78
21.21
29.71
21.23
21.22
58
29.93
Return on equity%
15.67
18.52
20.03
21.14
19.23
20.83
17.98
16.80
15.39
14.40
15.13
16.80
18.25
20
14.85
Return on assets%
4.71
5.72
8.35
8.26
6.80
8.50
9.74
10.76
10.02
8.79
29.87
9.74
8.43
89
1.29
EPS$
5.02
5.87
6.52
6.74
6.89
7.28
8.08
8.30
8.59
10.21
1.32
8.19%
7.25%
—
9.07
EPS growth%
14.22
14.34
14.98
16.95
17.07
17.76
19.65
18.35
17.64
15.55
18.29
17.76
17.01
16
6.71
Bookvalue per sh$
7.60
8.26
8.97
10.05
10.40
11.99
11.72
13.30
15.04
16.68
7.15
9.91%
9.07%
—
5.91
FCF per share$
2.81
2.80
3.27
3.88
4.41
4.51
4.81
4.84
5.26
6.30
3.27
7.38%
9.25%
—
6.17
Dividend per sh$
4.52
4.30
3.92
3.75
3.77
3.33
3.58
3.29
3.14
3.18
3.38
(3.38%)
(2.60%)
—
8.90
Div yield (avg)%
10.14
8.00
8.98
11.73
14.18
16.66
16.45
14.82
17.77
18.31
27.85
16.66
14.50
13
2.96
Payout ratio%
29.33
30.07
27.81
25.45
27.63
25.44
25.88
28.20
28.88
29.42
19.39
28.20
28.01
30
292.7
Shares (diluted)M
229.2
232.0
220.1
217.9
218.7
201.2
183.0
163.1
147.9
147.6
290.8
(7.56%)
(5.37%)
82
2.51
Buyback yield%
26.26
29.22
30.89
31.52
28.70
27.42
27.73
25.78
26.38
26.25
22.12
26.38
27.58
67
0.636
D/E ratiox
1.256
1.360
1.400
1.575
1.722
1.762
1.983
2.144
2.330
2.697
0.125
2.144
1.742
93
0.384
Enterprise value$B
4.759
4.611
5.248
5.587
5.883
6.326
7.042
7.833
8.652
8.551
0.235
7.76%
7.03%
9
4,183
LT debt$M
887.5
861.2
773.8
770.0
708.4
672.7
654.9
680.7
576.0
486.9
548.0
(7.22%)
(5.21%)
15
Revenue
$3.337B
4.01%
1.00×
Cost of revenue
$1.807B
4.09%
1.01×
Operating expenses
$476.8M
4.22%
1.02×
Goodwill & intangibles
16.76%
Spread over hurdle
13.90%