3.006
Revenue$B
4.500
4.764
5.022
5.388
5.847
6.173
6.688
7.283
7.863
3.156
3.179
7.86%
7.33%
64
15.12
Revenue growth%
13.88
16.49
13.61
12.67
11.41
14.24
16.27
14.10
14.08
6.00
28.28
14.10
14.09
35
22.13
Gross margin%
17.95
20.31
19.67
21.96
23.66
24.63
23.95
25.88
25.16
16.75
18.43
24.63
22.81
66
16.28
Operating margin%
25.30
27.00
29.76
28.95
30.45
32.54
32.88
32.39
31.50
10.79
16.04
32.39
30.11
83
11.06
Net margin%
30.21
31.47
32.10
31.16
31.26
30.55
29.43
29.57
30.52
20.72
27.92
30.52
30.66
46
19.56
P/E ratio (avg)x
60.80
72.00
80.94
85.35
82.80
89.67
105.5
111.0
114.9
24.32
12.76
105.5
84.08
91
21.81
EV/EBITx
4.657
4.202
3.656
3.297
3.388
3.140
3.426
3.161
2.902
20.29
9.617
3.161
3.407
27
19.23
FCF yield (avg)%
9.93
11.53
9.51
9.14
9.53
11.52
13.07
11.12
10.64
26.56
9.29
11.12
10.28
59
14.05
FCF margin%
16.71
18.64
21.62
22.25
20.90
20.36
22.09
20.30
17.90
27.16
2.95
20.36
20.33
53
1.691
FCF / Net incomex
2.671
2.803
2.885
3.472
3.721
4.424
4.742
4.696
5.497
0.575
1.060
4.696
3.597
22
19.83
ROIC%
18.44
19.76
21.72
23.30
22.46
23.62
25.34
24.69
24.25
13.71
6.16
24.25
22.88
32
11.77
Return on equity%
9.85
11.05
10.39
11.18
10.14
10.47
9.37
8.57
10.76
3.36
13.58
10.14
10.43
59
14.23
Return on assets%
13.09
10.33
9.15
7.06
9.81
10.26
7.37
9.41
7.85
28.75
18.25
9.41
9.61
73
9.13
EPS$
8.96
8.37
7.34
6.53
7.23
7.85
8.16
8.07
8.66
9.60
9.78
5.80%
(0.91%)
—
24.16
EPS growth%
17.31
14.74
17.57
19.32
18.03
20.17
21.98
21.14
23.59
9.44
18.42
21.14
19.15
78
11.40
Bookvalue per sh$
9.06
8.28
8.25
8.78
9.07
9.18
10.12
11.09
12.05
3.53
4.08
6.54%
4.16%
—
5.75
FCF per share$
8.47
9.02
8.15
8.75
7.63
8.06
8.54
7.90
6.97
3.88
9.86
(4.43%)
(3.28%)
—
8.41
Dividend per sh$
7.70
7.49
8.13
7.21
7.32
6.60
5.85
5.69
5.38
2.55
7.20
(5.66%)
(4.26%)
—
2.28
Div yield (avg)%
16.29
14.48
14.96
14.98
13.29
15.25
13.84
14.63
16.22
17.28
25.67
14.63
14.97
75
27.87
Payout ratio%
25.75
25.09
23.90
21.79
20.79
21.53
18.98
17.38
16.83
23.53
4.25
18.98
21.66
28
210.5
Shares (diluted)M
225.9
256.2
280.4
301.6
288.6
297.5
315.8
334.1
356.3
206.2
207.5
3.39%
4.06%
67
14.57
Buyback yield%
22.09
23.23
23.94
25.13
23.66
22.41
23.88
22.59
24.86
20.41
3.94
23.66
23.45
94
0.642
D/E ratiox
2.116
2.401
2.732
3.161
3.278
3.839
3.752
4.472
5.331
0.984
1.122
3.839
3.219
59
6.201
Enterprise value$B
2.526
2.569
2.570
2.469
2.876
2.767
3.248
3.251
3.600
5.188
3.874
7.83%
3.90%
65
1.893
LT debt$B
8.654
8.512
9.676
10.41
12.30
12.91
14.04
15.64
17.68
2.138
6.712
11.18%
8.76%
23
Revenue
$7.863B
7.33%
1.00×
Cost of revenue
$4.693B
7.38%
1.00×
Operating expenses
$867.0M
7.93%
1.06×
Property and equipment
18.61%
Cash and investments
15.23%
Spread over hurdle
44.13%