1.078
Revenue$B
0.969
1.044
1.152
1.250
1.349
1.454
1.583
1.721
1.867
1.999
1.187
8.19%
8.40%
7
18.79
Revenue growth%
16.80
14.87
13.35
14.71
12.47
9.93
12.36
15.07
13.51
14.54
28.42
13.51
14.03
52
20.12
Gross margin%
2.50
2.83
2.80
5.67
7.10
8.44
8.34
10.65
10.99
13.19
16.56
10.65
7.72
28
5.29
Operating margin%
0.40
0.40
0.40
0.40
2.78
0.73
0.40
1.89
0.40
1.21
3.60
0.73
0.40
42
6.37
Net margin%
26.53
29.43
28.06
29.42
28.55
30.64
33.40
35.89
36.31
39.02
3.59
35.89
30.03
58
29.90
P/E ratio (avg)x
23.75
23.25
22.34
22.20
23.16
24.92
22.15
20.05
21.73
22.44
20.28
22.15
22.39
45
23.32
EV/EBITx
20.75
20.18
21.50
24.35
25.48
24.18
25.58
28.40
26.01
29.58
31.23
26.01
24.91
40
12.67
FCF yield (avg)%
11.22
12.47
12.22
14.55
12.01
14.71
17.31
20.14
22.96
22.14
20.83
20.14
14.63
34
19.29
FCF margin%
13.86
13.81
12.53
11.34
10.19
10.76
11.36
11.30
13.35
11.59
8.98
11.36
11.48
66
0.190
FCF / Net incomex
0.894
0.891
0.913
0.976
1.162
1.273
1.268
1.303
1.469
1.512
0.524
1.303
1.215
48
15.77
ROIC%
28.35
30.60
32.13
31.96
29.09
27.41
24.99
26.84
26.75
28.13
10.14
26.84
28.24
35
27.19
Return on equity%
0.40
1.01
0.40
0.40
0.59
2.64
0.48
2.76
3.98
6.31
4.31
2.76
0.80
73
20.49
Return on assets%
22.94
22.09
21.71
21.55
23.46
23.85
25.61
26.65
24.34
22.04
15.41
24.34
23.20
62
2.08
EPS$
4.11
4.25
4.27
4.31
4.98
5.37
6.19
6.19
6.41
7.09
2.28
7.33%
6.54%
—
6.72
EPS growth%
5.59
8.37
8.64
10.97
9.92
12.23
9.33
8.30
9.77
9.09
25.47
9.33
9.21
25
0.55
Bookvalue per sh$
2.39
2.57
2.50
2.55
2.42
2.71
2.85
3.01
2.88
2.88
0.46
3.56%
2.11%
—
0.66
FCF per share$
2.36
2.53
2.66
2.53
2.74
2.72
2.86
2.73
2.43
2.09
1.85
(5.25%)
(0.54%)
—
0.75
Dividend per sh$
0.58
0.63
0.64
0.59
0.67
0.66
0.72
0.72
0.68
0.73
2.55
1.70%
1.53%
—
22.87
Div yield (avg)%
14.33
16.37
17.17
18.16
15.60
12.81
13.69
14.34
16.76
17.96
26.00
14.34
15.99
40
11.05
Payout ratio%
25.65
25.53
23.94
21.86
23.02
20.36
20.05
19.24
18.50
19.59
16.02
19.59
21.11
92
268.1
Shares (diluted)M
328.1
355.6
390.2
384.0
391.8
390.6
425.5
502.8
594.6
594.0
266.3
8.68%
6.38%
93
2.40
Buyback yield%
0.40
0.40
0.40
0.40
0.40
1.97
0.40
3.36
6.35
8.05
7.09
3.36
0.40
34
0.529
D/E ratiox
0.391
0.425
0.426
0.397
0.371
0.410
0.428
0.423
0.449
0.463
1.122
0.428
0.424
45
1,691
Enterprise value$M
259.4
244.2
217.2
194.6
165.7
172.0
147.2
146.2
144.7
137.6
894.6
(3.66%)
(7.34%)
18
75.72
LT debt$M
800.6
895.8
893.9
879.6
868.6
893.8
817.6
798.0
739.6
729.2
561.4
(3.44%)
(1.95%)
21
Revenue
$1.999B
8.40%
1.00×
Cost of revenue
$980.6M
8.01%
0.96×
Operating expenses
$350.4M
8.81%
1.04×
Goodwill & intangibles
16.66%
Cash and investments
15.44%
Spread over hurdle
10.08%