0.902
Revenue€B
1.697
1.711
1.779
1.839
1.886
1.925
1.952
1.967
1.972
2.052
0.985
1.69%
2.11%
51
9.34
Revenue growth%
6.58
4.07
2.07
0.40
0.40
0.40
0.40
0.40
0.40
2.25
6.34
0.40
0.40
90
27.00
Gross margin%
11.20
12.88
10.84
12.86
11.29
8.49
9.33
11.77
14.18
11.47
5.73
11.47
11.38
32
12.32
Operating margin%
19.38
16.82
16.31
16.90
16.82
18.30
20.14
19.21
17.89
16.75
24.87
18.30
17.39
84
12.97
Net margin%
21.14
21.93
19.00
16.70
16.84
14.47
14.96
15.91
17.61
19.17
15.75
15.91
17.22
89
22.20
P/E ratio (avg)x
52.51
58.12
61.39
73.09
79.86
79.25
77.27
81.37
92.90
96.88
23.90
81.37
78.26
60
16.32
EV/EBITx
17.15
15.12
13.11
11.71
10.89
10.67
10.25
10.89
10.75
9.829
12.12
10.67
10.89
38
26.50
FCF yield (avg)%
17.88
19.27
20.44
23.00
25.85
26.23
28.68
27.87
29.22
26.30
9.38
27.87
26.04
67
5.59
FCF margin%
27.37
30.02
30.53
31.56
31.15
32.89
31.26
28.71
31.00
30.18
21.77
31.00
30.77
19
0.346
FCF / Net incomex
0.653
0.742
0.868
0.866
0.936
1.049
1.062
1.070
1.233
1.226
0.936
1.070
0.993
35
23.60
ROIC%
13.44
16.16
14.61
17.53
20.42
23.13
22.73
21.39
19.81
22.32
6.87
22.32
20.12
76
14.55
Return on equity%
31.24
29.55
30.13
30.92
29.88
26.95
28.80
28.31
29.02
28.47
28.85
28.47
29.29
44
20.42
Return on assets%
23.03
24.67
24.71
21.78
22.42
21.73
20.55
22.05
21.94
20.18
11.87
21.73
22.00
59
10.24
EPS€
14.25
14.96
15.68
17.96
20.17
19.94
22.17
22.93
22.62
21.58
11.15
1.37%
5.58%
—
3.36
EPS growth%
24.01
23.14
26.13
27.17
28.31
29.48
29.55
32.16
32.22
31.37
24.47
31.37
28.90
40
4.17
Bookvalue per sh€
8.00
7.16
7.90
8.44
8.27
8.86
8.13
9.01
9.41
8.38
12.07
0.29%
(0.81%)
—
6.85
FCF per share€
6.44
7.64
7.53
8.06
8.62
9.36
9.13
9.56
11.28
13.52
4.91
9.43%
8.21%
—
11.50
Dividend per sh€
3.37
3.43
3.95
4.53
4.85
4.84
5.50
5.71
6.60
7.18
5.90
8.19%
8.24%
—
13.85
Div yield (avg)%
26.05
25.53
24.64
25.75
25.72
22.88
20.77
21.25
21.63
21.19
23.25
21.25
23.76
45
11.47
Payout ratio%
26.26
26.86
24.87
24.72
27.25
26.35
26.03
26.09
25.67
26.44
15.83
26.09
26.18
6
201.5
Shares (diluted)M
254.4
257.9
293.9
312.4
356.9
415.2
430.4
469.9
520.8
577.8
195.6
10.12%
8.94%
12
11.31
Buyback yield%
19.96
18.34
18.02
16.09
16.52
16.88
15.83
17.02
18.13
15.55
6.66
16.88
16.95
74
1.411
D/E ratiox
1.465
1.353
1.327
1.359
1.311
1.459
1.627
1.632
1.674
1.768
1.148
1.632
1.462
65
2.203
Enterprise value€B
3.051
3.080
3.481
3.809
3.866
3.850
4.098
4.769
5.137
6.111
2.285
9.59%
7.68%
18
2.529
LT debt€B
0.402
0.453
0.503
0.512
0.525
0.525
0.547
0.610
0.673
0.758
1.898
7.64%
6.95%
81
Revenue
€2.052B
2.11%
1.00×
Cost of revenue
€1.281B
2.31%
1.02×
Operating expenses
€250.8M
1.10%
0.91×
Property and equipment
17.44%
Spread over hurdle
(0.49%)