| Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Revenue Growth |
|
6.47% |
12.07% |
35.78% |
13.65% |
-12.55% |
17.76% |
34.07% |
11.80% |
2.84% |
2.49% |
4.39% |
| EBITDA Growth |
|
8.03% |
23.41% |
72.90% |
15.06% |
-23.94% |
23.60% |
54.77% |
11.76% |
2.39% |
3.80% |
13.47% |
| EBIT Growth |
|
10.24% |
27.45% |
85.15% |
15.35% |
-24.28% |
25.67% |
59.03% |
11.70% |
1.62% |
5.59% |
13.59% |
| NOPAT Growth |
|
29.64% |
26.11% |
97.28% |
-14.49% |
-10.65% |
36.74% |
57.99% |
11.63% |
1.70% |
1.84% |
-9.66% |
| Net Income Growth |
|
28.45% |
24.98% |
104.47% |
-13.67% |
-10.93% |
33.74% |
62.70% |
10.82% |
5.07% |
4.68% |
-2.49% |
| EPS Growth |
|
28.74% |
37.50% |
111.04% |
-8.92% |
-3.38% |
37.06% |
63.27% |
16.25% |
9.01% |
6.17% |
0.58% |
| Operating Cash Flow Growth |
|
-35.39% |
120.64% |
47.66% |
-0.05% |
-14.26% |
17.15% |
43.06% |
-0.79% |
61.14% |
-0.26% |
-8.29% |
| Free Cash Flow Firm Growth |
|
-41.99% |
160.31% |
42.79% |
-19.40% |
-47.91% |
127.75% |
40.26% |
-16.98% |
88.53% |
-6.27% |
-22.37% |
| Invested Capital Growth |
|
8.71% |
-7.93% |
3.72% |
5.64% |
19.64% |
6.63% |
16.40% |
28.52% |
-2.52% |
1.90% |
8.21% |
| Revenue Q/Q Growth |
|
1.09% |
9.39% |
6.01% |
-2.17% |
-0.03% |
5.74% |
6.63% |
2.49% |
-0.10% |
1.20% |
-0.86% |
| EBITDA Q/Q Growth |
|
0.49% |
16.02% |
11.14% |
-4.97% |
-1.63% |
9.33% |
11.60% |
-0.47% |
2.80% |
-3.18% |
3.97% |
| EBIT Q/Q Growth |
|
0.47% |
19.19% |
12.25% |
-5.72% |
-1.02% |
10.07% |
12.18% |
-0.72% |
2.90% |
-3.10% |
4.11% |
| NOPAT Q/Q Growth |
|
6.93% |
18.10% |
13.53% |
-8.97% |
-1.88% |
13.50% |
10.13% |
-1.34% |
3.03% |
0.57% |
-5.49% |
| Net Income Q/Q Growth |
|
6.17% |
18.94% |
14.92% |
-9.26% |
-2.13% |
13.59% |
10.95% |
-1.82% |
6.41% |
-3.66% |
2.43% |
| EPS Q/Q Growth |
|
6.67% |
20.31% |
16.07% |
-7.79% |
0.35% |
13.95% |
11.30% |
-0.40% |
6.99% |
-3.26% |
3.22% |
| Operating Cash Flow Q/Q Growth |
|
5.82% |
19.91% |
-4.73% |
10.76% |
-7.18% |
14.75% |
-2.98% |
-5.11% |
8.72% |
13.32% |
3.28% |
| Free Cash Flow Firm Q/Q Growth |
|
-23.87% |
60.63% |
3.27% |
-9.06% |
31.30% |
2.30% |
-5.46% |
-9.73% |
9.84% |
13.02% |
3.48% |
| Invested Capital Q/Q Growth |
|
5.71% |
-3.83% |
1.18% |
0.63% |
-4.09% |
0.32% |
9.01% |
9.71% |
5.98% |
-0.08% |
-3.76% |
| Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Gross Margin |
|
40.92% |
41.67% |
44.99% |
45.00% |
43.72% |
44.72% |
47.32% |
46.51% |
46.70% |
47.46% |
48.67% |
| EBITDA Margin |
|
21.45% |
23.62% |
30.08% |
30.45% |
26.49% |
27.80% |
32.09% |
32.08% |
31.94% |
32.35% |
35.16% |
| Operating Margin |
|
17.53% |
19.88% |
26.78% |
26.88% |
22.93% |
25.38% |
29.87% |
30.20% |
28.86% |
28.95% |
29.22% |
| EBIT Margin |
|
17.61% |
20.03% |
27.31% |
27.72% |
24.00% |
25.61% |
30.38% |
30.35% |
30.00% |
30.91% |
33.63% |
| Profit (Net Income) Margin |
|
14.26% |
15.90% |
23.94% |
18.19% |
18.52% |
21.04% |
25.53% |
25.31% |
25.86% |
26.41% |
24.67% |
| Tax Burden Percent |
|
86.17% |
85.49% |
92.22% |
69.11% |
82.78% |
86.87% |
86.96% |
85.87% |
88.85% |
88.04% |
75.48% |
| Interest Burden Percent |
|
93.94% |
92.85% |
95.07% |
94.95% |
93.24% |
94.55% |
96.63% |
97.09% |
97.01% |
97.06% |
97.18% |
| Effective Tax Rate |
|
13.83% |
14.51% |
7.78% |
30.89% |
17.22% |
13.13% |
13.04% |
14.13% |
11.15% |
11.96% |
24.52% |
| Return on Invested Capital (ROIC) |
|
22.35% |
28.18% |
56.92% |
46.49% |
36.81% |
44.73% |
63.28% |
57.46% |
52.62% |
53.77% |
46.22% |
| ROIC Less NNEP Spread (ROIC-NNEP) |
|
29.10% |
41.60% |
62.73% |
51.11% |
-2,198.18% |
63.56% |
68.55% |
85.30% |
48.53% |
48.54% |
34.21% |
| Return on Net Nonoperating Assets (RNNOA) |
|
-4.56% |
-4.97% |
-14.44% |
-8.97% |
-0.88% |
-6.21% |
-11.68% |
-4.07% |
-4.58% |
-13.16% |
-10.71% |
| Return on Equity (ROE) |
|
17.79% |
23.21% |
42.48% |
37.52% |
35.94% |
38.52% |
51.59% |
53.39% |
48.04% |
40.61% |
35.51% |
| Cash Return on Invested Capital (CROIC) |
|
14.00% |
36.43% |
53.27% |
41.01% |
18.93% |
38.31% |
48.12% |
32.50% |
55.17% |
51.89% |
38.33% |
| Operating Return on Assets (OROA) |
|
11.94% |
14.51% |
23.62% |
24.99% |
19.13% |
21.30% |
29.09% |
29.79% |
27.69% |
25.79% |
26.98% |
| Return on Assets (ROA) |
|
9.67% |
11.52% |
20.71% |
16.40% |
14.76% |
17.49% |
24.44% |
24.83% |
23.87% |
22.04% |
19.79% |
| Return on Common Equity (ROCE) |
|
17.79% |
23.21% |
42.48% |
37.52% |
35.94% |
38.52% |
51.59% |
53.39% |
48.04% |
40.61% |
35.51% |
| Return on Equity Simple (ROE_SIMPLE) |
|
18.09% |
23.85% |
37.64% |
44.38% |
32.94% |
34.21% |
48.08% |
53.51% |
41.94% |
37.77% |
0.00% |
| Net Operating Profit after Tax (NOPAT) |
|
1,459 |
1,840 |
3,630 |
3,104 |
2,773 |
3,792 |
5,991 |
6,687 |
6,801 |
6,926 |
6,257 |
| NOPAT Margin |
|
15.10% |
17.00% |
24.69% |
18.58% |
18.98% |
22.04% |
25.98% |
25.93% |
25.65% |
25.49% |
22.06% |
| Net Nonoperating Expense Percent (NNEP) |
|
-6.74% |
-13.42% |
-5.80% |
-4.62% |
2,235.00% |
-18.83% |
-5.28% |
-27.84% |
4.09% |
5.23% |
12.01% |
| Return On Investment Capital (ROIC_SIMPLE) |
|
- |
- |
- |
- |
- |
- |
- |
37.89% |
31.04% |
27.42% |
23.20% |
| Cost of Revenue to Revenue |
|
59.08% |
58.33% |
55.01% |
55.00% |
56.28% |
55.28% |
52.68% |
53.49% |
53.30% |
52.54% |
51.33% |
| SG&A Expenses to Revenue |
|
4.86% |
3.60% |
2.98% |
2.89% |
3.16% |
3.30% |
2.69% |
2.85% |
3.21% |
3.54% |
3.21% |
| R&D to Revenue |
|
15.02% |
14.23% |
12.12% |
12.10% |
14.06% |
12.99% |
10.77% |
10.75% |
11.70% |
11.90% |
12.58% |
| Operating Expenses to Revenue |
|
23.39% |
21.79% |
18.21% |
18.11% |
20.78% |
19.34% |
17.45% |
16.31% |
17.84% |
18.51% |
19.46% |
| Earnings before Interest and Taxes (EBIT) |
|
1,701 |
2,168 |
4,014 |
4,630 |
3,506 |
4,406 |
7,007 |
7,827 |
7,954 |
8,399 |
9,540 |
| Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
2,072 |
2,557 |
4,421 |
5,087 |
3,869 |
4,782 |
7,401 |
8,271 |
8,469 |
8,791 |
9,975 |
| Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Price to Book Value (P/BV) |
|
2.32 |
3.92 |
5.97 |
4.34 |
5.97 |
5.09 |
9.82 |
6.21 |
6.65 |
8.07 |
8.91 |
| Price to Tangible Book Value (P/TBV) |
|
4.98 |
8.51 |
10.02 |
9.10 |
10.53 |
7.73 |
13.88 |
9.28 |
8.83 |
10.21 |
11.03 |
| Price to Revenue (P/Rev) |
|
1.83 |
2.61 |
3.80 |
1.78 |
3.36 |
3.13 |
5.22 |
2.94 |
4.10 |
5.64 |
6.41 |
| Price to Earnings (P/E) |
|
12.85 |
16.44 |
15.86 |
9.78 |
18.13 |
14.87 |
20.43 |
11.60 |
15.86 |
21.37 |
25.99 |
| Dividend Yield |
|
2.72% |
1.53% |
0.76% |
1.98% |
1.54% |
1.46% |
0.69% |
1.14% |
0.89% |
0.77% |
0.75% |
| Earnings Yield |
|
7.79% |
6.08% |
6.31% |
10.22% |
5.51% |
6.73% |
4.90% |
8.62% |
6.30% |
4.68% |
3.85% |
| Enterprise Value to Invested Capital (EV/IC) |
|
2.48 |
4.37 |
8.15 |
4.33 |
5.98 |
5.94 |
11.61 |
5.85 |
8.24 |
11.34 |
12.48 |
| Enterprise Value to Revenue (EV/Rev) |
|
1.75 |
2.52 |
3.60 |
1.78 |
3.36 |
3.02 |
5.13 |
2.97 |
3.97 |
5.42 |
6.19 |
| Enterprise Value to EBITDA (EV/EBITDA) |
|
8.14 |
10.69 |
11.98 |
5.84 |
12.68 |
10.87 |
15.97 |
9.26 |
12.42 |
16.77 |
17.60 |
| Enterprise Value to EBIT (EV/EBIT) |
|
9.92 |
12.61 |
13.19 |
6.42 |
13.99 |
11.80 |
16.87 |
9.79 |
13.22 |
17.55 |
18.40 |
| Enterprise Value to NOPAT (EV/NOPAT) |
|
11.57 |
14.86 |
14.59 |
9.58 |
17.69 |
13.71 |
19.73 |
11.45 |
15.46 |
21.28 |
28.05 |
| Enterprise Value to Operating Cash Flow (EV/OCF) |
|
14.51 |
10.65 |
13.97 |
7.85 |
15.11 |
13.66 |
21.72 |
14.19 |
12.09 |
16.99 |
22.06 |
| Enterprise Value to Free Cash Flow (EV/FCFF) |
|
18.46 |
11.49 |
15.59 |
10.86 |
34.40 |
16.00 |
25.95 |
20.25 |
14.75 |
22.05 |
33.83 |
| Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Debt to Equity |
|
0.67 |
0.52 |
0.60 |
0.82 |
0.65 |
0.52 |
0.45 |
0.45 |
0.34 |
0.33 |
0.32 |
| Long-Term Debt to Equity |
|
0.51 |
0.52 |
0.60 |
0.82 |
0.57 |
0.52 |
0.45 |
0.45 |
0.33 |
0.29 |
0.32 |
| Financial Leverage |
|
-0.16 |
-0.12 |
-0.23 |
-0.18 |
0.00 |
-0.10 |
-0.17 |
-0.05 |
-0.09 |
-0.27 |
-0.31 |
| Leverage Ratio |
|
1.84 |
2.01 |
2.05 |
2.29 |
2.43 |
2.20 |
2.11 |
2.15 |
2.01 |
1.84 |
1.79 |
| Compound Leverage Factor |
|
1.73 |
1.87 |
1.95 |
2.17 |
2.27 |
2.08 |
2.04 |
2.09 |
1.95 |
1.79 |
1.74 |
| Debt to Total Capital |
|
40.10% |
34.02% |
37.31% |
45.05% |
39.28% |
33.99% |
30.80% |
30.92% |
25.38% |
24.78% |
24.30% |
| Short-Term Debt to Total Capital |
|
9.44% |
0.00% |
0.00% |
0.00% |
4.44% |
0.00% |
0.00% |
0.00% |
0.46% |
3.16% |
0.37% |
| Long-Term Debt to Total Capital |
|
30.66% |
34.02% |
37.31% |
45.05% |
34.84% |
33.99% |
30.80% |
30.92% |
24.92% |
21.62% |
23.93% |
| Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Common Equity to Total Capital |
|
59.90% |
65.98% |
62.69% |
54.95% |
60.72% |
66.01% |
69.20% |
69.08% |
74.62% |
75.22% |
75.70% |
| Debt to EBITDA |
|
2.46 |
1.46 |
1.26 |
1.10 |
1.37 |
1.14 |
0.74 |
0.66 |
0.66 |
0.71 |
0.66 |
| Net Debt to EBITDA |
|
-0.39 |
-0.37 |
-0.65 |
0.00 |
0.00 |
-0.38 |
-0.28 |
0.11 |
-0.42 |
-0.68 |
-0.64 |
| Long-Term Debt to EBITDA |
|
1.88 |
1.46 |
1.26 |
1.10 |
1.22 |
1.14 |
0.74 |
0.66 |
0.64 |
0.62 |
0.65 |
| Debt to NOPAT |
|
3.49 |
2.02 |
1.53 |
1.81 |
1.92 |
1.44 |
0.91 |
0.82 |
0.82 |
0.90 |
1.05 |
| Net Debt to NOPAT |
|
-0.56 |
-0.52 |
-0.79 |
0.00 |
0.00 |
-0.48 |
-0.34 |
0.13 |
-0.53 |
-0.87 |
-1.01 |
| Long-Term Debt to NOPAT |
|
2.67 |
2.02 |
1.53 |
1.81 |
1.70 |
1.44 |
0.91 |
0.82 |
0.80 |
0.79 |
1.03 |
| Altman Z-Score |
|
4.08 |
5.40 |
6.62 |
5.58 |
6.26 |
6.34 |
9.31 |
7.43 |
8.71 |
10.03 |
11.07 |
| Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Current Ratio |
|
2.44 |
2.30 |
3.14 |
2.70 |
2.30 |
3.00 |
2.54 |
2.16 |
2.60 |
2.51 |
2.61 |
| Quick Ratio |
|
1.77 |
1.66 |
2.34 |
1.62 |
1.38 |
1.95 |
1.64 |
1.17 |
1.63 |
1.74 |
1.72 |
| Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Free Cash Flow to Firm (FCFF) |
|
914 |
2,379 |
3,397 |
2,738 |
1,426 |
3,248 |
4,556 |
3,782 |
7,131 |
6,684 |
5,189 |
| Operating Cash Flow to CapEx |
|
540.93% |
1,014.23% |
1,098.26% |
608.84% |
736.28% |
901.42% |
814.67% |
686.02% |
786.62% |
729.16% |
352.12% |
| Free Cash Flow to Firm to Interest Expense |
|
8.87 |
15.35 |
17.15 |
11.70 |
6.02 |
13.53 |
19.30 |
16.59 |
29.96 |
27.06 |
19.29 |
| Operating Cash Flow to Interest Expense |
|
11.29 |
16.55 |
19.14 |
16.18 |
13.70 |
15.85 |
23.06 |
23.68 |
36.55 |
35.13 |
29.58 |
| Operating Cash Flow Less CapEx to Interest Expense |
|
9.20 |
14.92 |
17.39 |
13.53 |
11.84 |
14.09 |
20.23 |
20.23 |
31.91 |
30.31 |
21.18 |
| Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Asset Turnover |
|
0.68 |
0.72 |
0.86 |
0.90 |
0.80 |
0.83 |
0.96 |
0.98 |
0.92 |
0.83 |
0.80 |
| Accounts Receivable Turnover |
|
5.67 |
5.39 |
6.37 |
7.17 |
6.02 |
6.26 |
5.83 |
4.68 |
4.72 |
5.23 |
5.45 |
| Inventory Turnover |
|
3.36 |
3.25 |
3.25 |
2.76 |
2.29 |
2.58 |
2.96 |
2.69 |
2.42 |
2.56 |
2.57 |
| Fixed Asset Turnover |
|
11.02 |
11.84 |
14.68 |
13.51 |
9.95 |
10.98 |
13.04 |
12.16 |
10.54 |
8.97 |
7.14 |
| Accounts Payable Turnover |
|
3.07 |
3.09 |
3.44 |
3.55 |
3.14 |
3.37 |
3.28 |
3.24 |
3.31 |
3.13 |
2.87 |
| Days Sales Outstanding (DSO) |
|
64.41 |
67.74 |
57.33 |
50.92 |
60.67 |
58.31 |
62.64 |
78.00 |
77.31 |
69.83 |
67.03 |
| Days Inventory Outstanding (DIO) |
|
108.73 |
112.23 |
112.40 |
132.11 |
159.70 |
141.59 |
123.37 |
135.51 |
150.53 |
142.46 |
142.09 |
| Days Payable Outstanding (DPO) |
|
118.83 |
118.19 |
106.21 |
102.71 |
116.13 |
108.41 |
111.25 |
112.54 |
110.20 |
116.52 |
127.26 |
| Cash Conversion Cycle (CCC) |
|
54.31 |
61.79 |
63.51 |
80.32 |
104.24 |
91.49 |
74.76 |
100.98 |
117.64 |
95.77 |
81.86 |
| Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Invested Capital |
|
6,799 |
6,260 |
6,493 |
6,859 |
8,206 |
8,750 |
10,185 |
13,090 |
12,760 |
13,002 |
14,070 |
| Invested Capital Turnover |
|
1.48 |
1.66 |
2.31 |
2.50 |
1.94 |
2.03 |
2.44 |
2.22 |
2.05 |
2.11 |
2.10 |
| Increase / (Decrease) in Invested Capital |
|
545 |
-539 |
233 |
366 |
1,347 |
544 |
1,435 |
2,905 |
-330 |
242 |
1,068 |
| Enterprise Value (EV) |
|
16,874 |
27,332 |
52,942 |
29,728 |
49,060 |
51,980 |
118,217 |
76,597 |
105,163 |
147,408 |
175,530 |
| Market Capitalization |
|
17,688 |
28,289 |
55,798 |
29,714 |
49,068 |
53,808 |
120,279 |
75,701 |
108,752 |
153,407 |
181,875 |
| Book Value per Share |
|
$6.34 |
$6.68 |
$8.77 |
$6.96 |
$8.89 |
$11.58 |
$13.56 |
$14.17 |
$19.54 |
$23.05 |
$25.63 |
| Tangible Book Value per Share |
|
$2.96 |
$3.08 |
$5.22 |
$3.32 |
$5.04 |
$7.62 |
$9.60 |
$9.48 |
$14.73 |
$18.22 |
$20.69 |
| Total Capital |
|
12,710 |
10,938 |
14,912 |
12,457 |
13,527 |
16,026 |
17,699 |
17,651 |
21,910 |
25,260 |
26,970 |
| Total Debt |
|
5,097 |
3,721 |
5,563 |
5,612 |
5,313 |
5,448 |
5,452 |
5,457 |
5,561 |
6,259 |
6,555 |
| Total Long-Term Debt |
|
3,897 |
3,721 |
5,563 |
5,612 |
4,713 |
5,448 |
5,452 |
5,457 |
5,461 |
5,460 |
6,455 |
| Net Debt |
|
-814 |
-957 |
-2,856 |
14 |
-8.00 |
-1,828 |
-2,062 |
896 |
-3,589 |
-5,999 |
-6,345 |
| Capital Expenditures (CapEx) |
|
215 |
253 |
345 |
622 |
441 |
422 |
668 |
787 |
1,106 |
1,190 |
2,260 |
| Debt-free, Cash-free Net Working Capital (DFCFNWC) |
|
1,698 |
972 |
1,527 |
2,652 |
2,741 |
3,172 |
4,304 |
5,965 |
5,006 |
4,080 |
4,409 |
| Debt-free Net Working Capital (DFNWC) |
|
6,663 |
4,721 |
8,803 |
6,682 |
6,359 |
8,910 |
9,763 |
8,546 |
11,875 |
13,551 |
12,982 |
| Net Working Capital (NWC) |
|
5,463 |
4,721 |
8,803 |
6,682 |
5,759 |
8,910 |
9,763 |
8,546 |
11,775 |
12,752 |
12,882 |
| Net Nonoperating Expense (NNE) |
|
82 |
119 |
111 |
66 |
67 |
173 |
103 |
162 |
-55 |
-251 |
-741 |
| Net Nonoperating Obligations (NNO) |
|
-814 |
-957 |
-2,856 |
14 |
-8.00 |
-1,828 |
-2,062 |
896 |
-3,589 |
-5,999 |
-6,345 |
| Total Depreciation and Amortization (D&A) |
|
371 |
389 |
407 |
457 |
363 |
376 |
394 |
444 |
515 |
392 |
435 |
| Debt-free, Cash-free Net Working Capital to Revenue |
|
17.58% |
8.98% |
10.39% |
15.88% |
18.76% |
18.44% |
18.66% |
23.13% |
18.88% |
15.01% |
15.54% |
| Debt-free Net Working Capital to Revenue |
|
68.98% |
43.61% |
59.89% |
40.00% |
43.53% |
51.80% |
42.33% |
33.14% |
44.78% |
49.86% |
45.76% |
| Net Working Capital to Revenue |
|
56.56% |
43.61% |
59.89% |
40.00% |
39.42% |
51.80% |
42.33% |
33.14% |
44.41% |
46.92% |
45.41% |
| Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Adjusted Basic Earnings per Share |
|
$1.13 |
$1.56 |
$3.20 |
$3.27 |
$2.89 |
$3.95 |
$6.47 |
$7.49 |
$8.16 |
$8.68 |
$8.71 |
| Adjusted Weighted Average Basic Shares Outstanding |
|
1.21B |
1.11B |
1.07B |
1.01B |
937M |
916M |
910M |
871M |
840M |
827M |
804M |
| Adjusted Diluted Earnings per Share |
|
$1.12 |
$1.54 |
$3.17 |
$3.23 |
$2.86 |
$3.92 |
$6.40 |
$7.44 |
$8.11 |
$8.61 |
$8.66 |
| Adjusted Weighted Average Diluted Shares Outstanding |
|
1.23B |
1.12B |
1.08B |
1.03B |
945M |
923M |
919M |
877M |
845M |
834M |
808M |
| Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
1.15B |
1.08B |
1.06B |
958.61M |
915.30M |
914.34M |
888.51M |
844.14M |
831.07M |
813.68M |
792.94M |
| Normalized Net Operating Profit after Tax (NOPAT) |
|
1,459 |
1,840 |
3,630 |
3,104 |
2,773 |
3,792 |
6,261 |
6,684 |
6,801 |
6,926 |
6,393 |
| Normalized NOPAT Margin |
|
15.10% |
17.00% |
24.69% |
18.58% |
18.98% |
22.04% |
27.15% |
25.92% |
25.65% |
25.49% |
22.54% |
| Pre Tax Income Margin |
|
16.54% |
18.60% |
25.96% |
26.32% |
22.38% |
24.22% |
29.36% |
29.47% |
29.10% |
30.00% |
32.68% |
| Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| EBIT to Interest Expense |
|
16.51 |
13.99 |
20.27 |
19.79 |
14.79 |
18.36 |
29.69 |
34.33 |
33.42 |
34.00 |
35.46 |
| NOPAT to Interest Expense |
|
14.16 |
11.87 |
18.33 |
13.26 |
11.70 |
15.80 |
25.38 |
29.33 |
28.58 |
28.04 |
23.26 |
| EBIT Less CapEx to Interest Expense |
|
14.43 |
12.35 |
18.53 |
17.13 |
12.93 |
16.60 |
26.86 |
30.88 |
28.77 |
29.19 |
27.06 |
| NOPAT Less CapEx to Interest Expense |
|
12.08 |
10.24 |
16.59 |
10.61 |
9.84 |
14.04 |
22.55 |
25.88 |
23.93 |
23.22 |
14.86 |
| Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Dividend Payout Ratio |
|
35.37% |
25.80% |
12.22% |
19.91% |
28.49% |
21.75% |
14.23% |
13.38% |
14.22% |
16.61% |
19.78% |
| Augmented Payout Ratio |
|
131.59% |
135.74% |
45.52% |
193.81% |
117.29% |
39.68% |
77.92% |
106.91% |
46.15% |
69.88% |
89.73% |
