Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
7.13% |
10.76% |
19.62% |
11.24% |
-1.42% |
2.57% |
-0.01% |
6.96% |
2.99% |
3.54% |
EBITDA Growth |
|
14.07% |
14.49% |
14.57% |
16.43% |
-1.51% |
2.20% |
2.37% |
6.84% |
-0.05% |
17.58% |
EBIT Growth |
|
15.50% |
16.61% |
15.14% |
21.16% |
-4.48% |
3.13% |
4.07% |
8.62% |
-1.37% |
26.34% |
NOPAT Growth |
|
22.30% |
13.05% |
14.06% |
17.46% |
-2.08% |
8.62% |
-18.08% |
70.53% |
-0.21% |
28.17% |
Net Income Growth |
|
18.08% |
16.33% |
15.14% |
33.28% |
-9.70% |
3.49% |
-18.87% |
108.58% |
-18.28% |
36.96% |
EPS Growth |
|
18.65% |
16.63% |
16.09% |
33.77% |
-9.31% |
5.38% |
-16.18% |
111.80% |
-16.43% |
39.22% |
Operating Cash Flow Growth |
|
8.79% |
13.42% |
14.47% |
12.75% |
5.08% |
4.87% |
17.38% |
3.40% |
10.01% |
9.80% |
Free Cash Flow Firm Growth |
|
506.76% |
134.60% |
-260.78% |
-30.76% |
-16.74% |
-18.60% |
29.32% |
-4.52% |
145.73% |
-42.21% |
Invested Capital Growth |
|
3.35% |
8.84% |
15.48% |
6.58% |
3.80% |
3.09% |
0.99% |
4.80% |
0.00% |
3.96% |
Revenue Q/Q Growth |
|
1.36% |
2.06% |
4.46% |
3.48% |
-0.03% |
0.46% |
-0.30% |
1.83% |
0.96% |
0.68% |
EBITDA Q/Q Growth |
|
2.89% |
4.21% |
3.62% |
3.06% |
-0.72% |
-0.47% |
2.14% |
1.45% |
1.44% |
8.52% |
EBIT Q/Q Growth |
|
3.12% |
4.63% |
3.53% |
3.36% |
-1.77% |
-1.06% |
4.48% |
1.08% |
2.42% |
13.69% |
NOPAT Q/Q Growth |
|
4.94% |
5.05% |
0.11% |
4.69% |
0.13% |
3.14% |
-26.15% |
60.35% |
1.92% |
14.97% |
Net Income Q/Q Growth |
|
3.70% |
5.63% |
2.36% |
6.32% |
-5.25% |
-1.02% |
-25.94% |
59.06% |
2.89% |
19.40% |
EPS Q/Q Growth |
|
3.84% |
5.80% |
2.40% |
6.60% |
-5.33% |
-0.60% |
-24.76% |
59.07% |
4.09% |
19.66% |
Operating Cash Flow Q/Q Growth |
|
3.24% |
2.51% |
5.32% |
3.20% |
-0.11% |
3.04% |
-1.44% |
2.16% |
7.76% |
-4.17% |
Free Cash Flow Firm Q/Q Growth |
|
95.68% |
-69.67% |
12.59% |
92.79% |
-36.27% |
-2.37% |
-1.06% |
2.23% |
12.66% |
-3.51% |
Invested Capital Q/Q Growth |
|
1.36% |
5.12% |
1.43% |
2.38% |
3.74% |
0.95% |
0.55% |
3.61% |
-0.31% |
0.28% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Gross Margin |
|
41.68% |
40.24% |
39.27% |
40.35% |
39.92% |
38.85% |
38.75% |
38.11% |
38.60% |
39.46% |
EBITDA Margin |
|
31.21% |
29.31% |
28.35% |
29.61% |
28.29% |
28.31% |
28.42% |
27.76% |
27.79% |
28.63% |
Operating Margin |
|
19.94% |
18.58% |
17.70% |
18.38% |
16.83% |
17.35% |
17.29% |
16.62% |
16.38% |
17.10% |
EBIT Margin |
|
20.08% |
18.62% |
17.69% |
18.38% |
16.87% |
17.41% |
17.32% |
16.64% |
16.39% |
17.11% |
Profit (Net Income) Margin |
|
12.75% |
11.57% |
11.01% |
11.44% |
9.55% |
10.43% |
10.33% |
12.74% |
6.53% |
8.23% |
Tax Burden Percent |
|
84.05% |
79.01% |
81.22% |
82.05% |
84.85% |
82.87% |
78.55% |
99.76% |
63.48% |
62.75% |
Interest Burden Percent |
|
75.55% |
78.62% |
76.65% |
75.88% |
66.70% |
72.25% |
75.95% |
76.72% |
62.78% |
76.66% |
Effective Tax Rate |
|
15.95% |
21.00% |
18.78% |
17.95% |
15.15% |
17.13% |
21.45% |
0.24% |
36.52% |
37.25% |
Return on Invested Capital (ROIC) |
|
11.41% |
9.88% |
9.79% |
9.54% |
8.54% |
9.03% |
8.48% |
10.65% |
6.39% |
6.53% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
6.30% |
6.04% |
5.46% |
5.03% |
3.00% |
4.17% |
4.47% |
5.71% |
1.60% |
3.39% |
Return on Net Nonoperating Assets (RNNOA) |
|
7.22% |
7.23% |
6.16% |
5.26% |
3.13% |
4.35% |
4.58% |
5.69% |
1.58% |
3.19% |
Return on Equity (ROE) |
|
18.62% |
17.11% |
15.94% |
14.80% |
11.68% |
13.38% |
13.06% |
16.34% |
7.97% |
9.72% |
Cash Return on Invested Capital (CROIC) |
|
8.11% |
1.42% |
-4.58% |
3.17% |
4.81% |
5.98% |
7.50% |
5.96% |
6.39% |
2.65% |
Operating Return on Assets (OROA) |
|
10.09% |
9.22% |
8.85% |
8.58% |
7.43% |
8.10% |
8.13% |
8.00% |
7.46% |
7.66% |
Return on Assets (ROA) |
|
6.41% |
5.73% |
5.51% |
5.34% |
4.20% |
4.85% |
4.85% |
6.12% |
2.97% |
3.69% |
Return on Common Equity (ROCE) |
|
18.62% |
17.11% |
15.94% |
14.79% |
11.67% |
13.38% |
13.06% |
16.34% |
7.97% |
9.72% |
Return on Equity Simple (ROE_SIMPLE) |
|
17.92% |
16.42% |
15.36% |
14.39% |
11.43% |
13.23% |
13.09% |
16.07% |
7.97% |
9.76% |
Net Operating Profit after Tax (NOPAT) |
|
2,686 |
2,196 |
1,943 |
1,703 |
1,450 |
1,481 |
1,364 |
1,664 |
976 |
978 |
NOPAT Margin |
|
16.75% |
14.68% |
14.38% |
15.08% |
14.28% |
14.38% |
13.58% |
16.58% |
10.40% |
10.73% |
Net Nonoperating Expense Percent (NNEP) |
|
5.11% |
3.84% |
4.32% |
4.51% |
5.54% |
4.86% |
4.01% |
4.94% |
4.79% |
3.14% |
Return On Investment Capital (ROIC_SIMPLE) |
|
11.14% |
9.40% |
9.05% |
- |
- |
- |
- |
- |
- |
- |
Cost of Revenue to Revenue |
|
58.32% |
59.76% |
60.73% |
59.65% |
60.08% |
61.15% |
61.25% |
61.89% |
61.40% |
60.54% |
SG&A Expenses to Revenue |
|
10.44% |
10.75% |
10.76% |
10.59% |
10.37% |
10.60% |
10.55% |
10.53% |
10.33% |
10.79% |
R&D to Revenue |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Operating Expenses to Revenue |
|
21.74% |
21.66% |
21.57% |
21.97% |
23.09% |
21.49% |
21.46% |
21.49% |
22.22% |
22.35% |
Earnings before Interest and Taxes (EBIT) |
|
3,219 |
2,787 |
2,390 |
2,076 |
1,713 |
1,794 |
1,739 |
1,671 |
1,539 |
1,560 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
5,003 |
4,386 |
3,831 |
3,344 |
2,872 |
2,916 |
2,853 |
2,787 |
2,609 |
2,610 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
5.51 |
4.87 |
4.10 |
4.76 |
3.44 |
3.29 |
2.71 |
2.55 |
2.22 |
1.71 |
Price to Tangible Book Value (P/TBV) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Price to Revenue (P/Rev) |
|
3.92 |
3.43 |
2.94 |
3.78 |
2.88 |
2.59 |
2.14 |
2.02 |
1.82 |
1.44 |
Price to Earnings (P/E) |
|
30.75 |
29.64 |
26.72 |
33.13 |
30.21 |
24.89 |
20.69 |
15.88 |
27.86 |
17.50 |
Dividend Yield |
|
1.09% |
1.26% |
1.52% |
1.31% |
1.81% |
1.86% |
2.18% |
2.19% |
2.47% |
3.86% |
Earnings Yield |
|
3.25% |
3.37% |
3.74% |
3.02% |
3.31% |
4.02% |
4.83% |
6.30% |
3.59% |
5.71% |
Enterprise Value to Invested Capital (EV/IC) |
|
3.14 |
2.76 |
2.41 |
2.83 |
2.20 |
2.11 |
1.83 |
1.77 |
1.61 |
1.35 |
Enterprise Value to Revenue (EV/Rev) |
|
4.69 |
4.26 |
3.79 |
4.62 |
3.74 |
3.42 |
2.95 |
2.81 |
2.62 |
2.26 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
15.04 |
14.55 |
13.38 |
15.59 |
13.22 |
12.06 |
10.38 |
10.14 |
9.42 |
7.90 |
Enterprise Value to EBIT (EV/EBIT) |
|
23.38 |
22.90 |
21.45 |
25.12 |
22.17 |
19.61 |
17.03 |
16.91 |
15.97 |
13.22 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
28.02 |
29.06 |
26.38 |
30.61 |
26.19 |
23.75 |
21.72 |
16.98 |
25.17 |
21.09 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
19.12 |
17.64 |
16.07 |
18.71 |
15.36 |
14.96 |
13.21 |
14.79 |
13.30 |
12.28 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
39.42 |
202.83 |
0.00 |
92.19 |
46.49 |
35.86 |
24.58 |
30.33 |
25.17 |
51.93 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
1.11 |
1.22 |
1.22 |
1.06 |
1.05 |
1.07 |
1.05 |
1.03 |
1.00 |
1.00 |
Long-Term Debt to Equity |
|
1.04 |
1.13 |
1.17 |
1.06 |
1.03 |
0.96 |
0.96 |
0.94 |
0.99 |
0.99 |
Financial Leverage |
|
1.15 |
1.20 |
1.13 |
1.04 |
1.04 |
1.04 |
1.02 |
1.00 |
0.98 |
0.94 |
Leverage Ratio |
|
2.91 |
2.99 |
2.89 |
2.77 |
2.78 |
2.76 |
2.69 |
2.67 |
2.68 |
2.64 |
Compound Leverage Factor |
|
2.20 |
2.35 |
2.22 |
2.10 |
1.85 |
1.99 |
2.04 |
2.05 |
1.68 |
2.02 |
Debt to Total Capital |
|
52.71% |
54.87% |
54.89% |
51.55% |
51.28% |
51.69% |
51.25% |
50.70% |
49.89% |
49.89% |
Short-Term Debt to Total Capital |
|
3.57% |
3.99% |
2.12% |
0.04% |
0.96% |
5.53% |
4.25% |
4.38% |
0.04% |
0.04% |
Long-Term Debt to Total Capital |
|
49.13% |
50.88% |
52.76% |
51.51% |
50.31% |
46.16% |
47.01% |
46.32% |
49.85% |
49.85% |
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% |
Noncontrolling Interests to Total Capital |
|
0.01% |
0.00% |
0.00% |
0.00% |
0.03% |
0.02% |
0.01% |
0.01% |
0.02% |
0.02% |
Common Equity to Total Capital |
|
47.28% |
45.12% |
45.11% |
48.45% |
48.69% |
48.30% |
48.73% |
49.29% |
50.10% |
50.10% |
Debt to EBITDA |
|
2.54 |
2.92 |
3.08 |
2.86 |
3.11 |
2.98 |
2.92 |
2.94 |
2.94 |
2.93 |
Net Debt to EBITDA |
|
2.48 |
2.85 |
3.01 |
2.81 |
3.05 |
2.90 |
2.86 |
2.86 |
2.88 |
2.87 |
Long-Term Debt to EBITDA |
|
2.37 |
2.71 |
2.96 |
2.85 |
3.05 |
2.66 |
2.68 |
2.68 |
2.93 |
2.93 |
Debt to NOPAT |
|
4.73 |
5.84 |
6.07 |
5.61 |
6.16 |
5.87 |
6.11 |
4.92 |
7.85 |
7.83 |
Net Debt to NOPAT |
|
4.63 |
5.70 |
5.93 |
5.51 |
6.03 |
5.71 |
5.98 |
4.78 |
7.68 |
7.67 |
Long-Term Debt to NOPAT |
|
4.41 |
5.41 |
5.83 |
5.60 |
6.04 |
5.24 |
5.61 |
4.49 |
7.84 |
7.82 |
Altman Z-Score |
|
2.98 |
2.55 |
2.28 |
2.66 |
2.15 |
2.07 |
1.91 |
1.87 |
1.69 |
1.49 |
Noncontrolling Interest Sharing Ratio |
|
0.01% |
0.01% |
0.01% |
0.03% |
0.05% |
0.03% |
0.03% |
0.03% |
0.03% |
0.03% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Current Ratio |
|
0.58 |
0.56 |
0.70 |
0.71 |
0.67 |
0.52 |
0.58 |
0.55 |
0.71 |
0.71 |
Quick Ratio |
|
0.46 |
0.45 |
0.54 |
0.54 |
0.50 |
0.38 |
0.43 |
0.45 |
0.59 |
0.59 |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
1,909 |
315 |
-909 |
566 |
817 |
981 |
1,205 |
932 |
976 |
397 |
Operating Cash Flow to CapEx |
|
217.70% |
225.84% |
224.49% |
214.89% |
212.25% |
198.42% |
215.61% |
194.24% |
201.29% |
181.71% |
Free Cash Flow to Firm to Interest Expense |
|
3.53 |
0.62 |
-2.30 |
1.80 |
1.79 |
2.50 |
3.14 |
2.57 |
1.72 |
1.09 |
Operating Cash Flow to Interest Expense |
|
7.28 |
7.12 |
8.08 |
8.86 |
5.40 |
6.00 |
5.84 |
5.27 |
3.26 |
4.60 |
Operating Cash Flow Less CapEx to Interest Expense |
|
3.93 |
3.97 |
4.48 |
4.74 |
2.86 |
2.98 |
3.13 |
2.56 |
1.64 |
2.07 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.50 |
0.50 |
0.50 |
0.47 |
0.44 |
0.47 |
0.47 |
0.48 |
0.46 |
0.45 |
Accounts Receivable Turnover |
|
8.93 |
8.69 |
9.16 |
9.56 |
9.16 |
9.24 |
9.09 |
9.56 |
9.44 |
9.47 |
Inventory Turnover |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Fixed Asset Turnover |
|
1.38 |
1.35 |
1.35 |
0.00 |
0.00 |
0.00 |
1.27 |
1.31 |
1.24 |
1.24 |
Accounts Payable Turnover |
|
6.78 |
6.79 |
7.70 |
7.98 |
7.84 |
8.18 |
9.05 |
10.79 |
10.41 |
10.21 |
Days Sales Outstanding (DSO) |
|
40.86 |
42.01 |
39.83 |
38.18 |
39.85 |
39.49 |
40.14 |
38.18 |
38.68 |
38.55 |
Days Inventory Outstanding (DIO) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Days Payable Outstanding (DPO) |
|
53.81 |
53.75 |
47.42 |
45.75 |
46.58 |
44.61 |
40.35 |
33.83 |
35.07 |
35.75 |
Cash Conversion Cycle (CCC) |
|
-12.96 |
-11.73 |
-7.59 |
-7.57 |
-6.72 |
-5.12 |
-0.20 |
4.35 |
3.61 |
2.79 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
23,939 |
23,162 |
21,280 |
18,428 |
17,290 |
16,657 |
16,157 |
15,999 |
15,266 |
15,266 |
Invested Capital Turnover |
|
0.68 |
0.67 |
0.68 |
0.63 |
0.60 |
0.63 |
0.62 |
0.64 |
0.61 |
0.61 |
Increase / (Decrease) in Invested Capital |
|
777 |
1,882 |
2,852 |
1,138 |
633 |
500 |
158 |
733 |
0.00 |
581 |
Enterprise Value (EV) |
|
75,251 |
63,817 |
51,260 |
52,134 |
37,976 |
35,180 |
29,619 |
28,264 |
24,572 |
20,625 |
Market Capitalization |
|
62,818 |
51,301 |
39,744 |
42,747 |
29,224 |
26,715 |
21,458 |
20,299 |
17,069 |
13,122 |
Book Value per Share |
|
$36.42 |
$33.51 |
$30.65 |
$28.32 |
$26.62 |
$25.44 |
$24.42 |
$23.81 |
$22.62 |
$22.15 |
Tangible Book Value per Share |
|
($16.36) |
($18.40) |
($16.18) |
($12.95) |
($11.72) |
($11.43) |
($11.03) |
($10.47) |
($10.75) |
($10.52) |
Total Capital |
|
24,120 |
23,362 |
21,472 |
18,534 |
17,423 |
16,809 |
16,267 |
16,149 |
15,353 |
15,353 |
Total Debt |
|
12,713 |
12,819 |
11,786 |
9,554 |
8,934 |
8,689 |
8,338 |
8,187 |
7,659 |
7,659 |
Total Long-Term Debt |
|
11,851 |
11,887 |
11,330 |
9,546 |
8,766 |
7,759 |
7,647 |
7,481 |
7,653 |
7,653 |
Net Debt |
|
12,431 |
12,515 |
11,515 |
9,386 |
8,747 |
8,462 |
8,159 |
7,963 |
7,501 |
7,501 |
Capital Expenditures (CapEx) |
|
1,808 |
1,602 |
1,421 |
1,297 |
1,165 |
1,185 |
1,040 |
984 |
918 |
924 |
Debt-free, Cash-free Net Working Capital (DFCFNWC) |
|
-934 |
-1,055 |
-721 |
-726 |
-630 |
-576 |
-534 |
-575 |
-590 |
-590 |
Debt-free Net Working Capital (DFNWC) |
|
-860 |
-915 |
-578 |
-697 |
-592 |
-529 |
-464 |
-491 |
-522 |
-522 |
Net Working Capital (NWC) |
|
-1,722 |
-1,847 |
-1,034 |
-705 |
-760 |
-1,459 |
-1,154 |
-1,198 |
-528 |
-528 |
Net Nonoperating Expense (NNE) |
|
642 |
465 |
455 |
411 |
481 |
407 |
326 |
385 |
363 |
228 |
Net Nonoperating Obligations (NNO) |
|
12,532 |
12,619 |
11,594 |
9,449 |
8,802 |
8,536 |
8,227 |
8,038 |
7,572 |
7,572 |
Total Depreciation and Amortization (D&A) |
|
1,784 |
1,599 |
1,441 |
1,268 |
1,159 |
1,122 |
1,114 |
1,116 |
1,070 |
1,050 |
Debt-free, Cash-free Net Working Capital to Revenue |
|
-5.83% |
-7.05% |
-5.34% |
-6.42% |
-6.21% |
-5.59% |
-5.32% |
-5.72% |
-6.28% |
-6.47% |
Debt-free Net Working Capital to Revenue |
|
-5.36% |
-6.11% |
-4.28% |
-6.17% |
-5.83% |
-5.13% |
-4.62% |
-4.89% |
-5.56% |
-5.72% |
Net Working Capital to Revenue |
|
-10.74% |
-12.34% |
-7.65% |
-6.24% |
-7.49% |
-14.16% |
-11.50% |
-11.93% |
-5.62% |
-5.79% |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$6.50 |
$5.47 |
$4.70 |
$4.05 |
$3.03 |
$3.34 |
$3.17 |
$3.79 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic Shares Outstanding |
|
314.40M |
316.18M |
316.53M |
318.81M |
319.28M |
321.10M |
326.90M |
337.05M |
0.00 |
0.00 |
Adjusted Diluted Earnings per Share |
|
$6.49 |
$5.47 |
$4.69 |
$4.04 |
$3.02 |
$3.33 |
$3.16 |
$3.77 |
$0.00 |
$0.00 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
314.81M |
316.67M |
317.08M |
319.43M |
319.84M |
322M |
328.38M |
338.98M |
0.00 |
0.00 |
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 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
312.28M |
314.61M |
316.04M |
316.43M |
318.90M |
319.06M |
321.62M |
331.21M |
0.00 |
0.00 |
Normalized Net Operating Profit after Tax (NOPAT) |
|
2,710 |
2,223 |
1,958 |
1,717 |
1,562 |
1,481 |
1,349 |
1,649 |
1,005 |
981 |
Normalized NOPAT Margin |
|
16.90% |
14.86% |
14.49% |
15.21% |
15.39% |
14.38% |
13.43% |
16.43% |
10.71% |
10.76% |
Pre Tax Income Margin |
|
15.17% |
14.64% |
13.56% |
13.95% |
11.25% |
12.58% |
13.16% |
12.77% |
10.29% |
13.12% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
5.95 |
5.49 |
6.05 |
6.60 |
3.74 |
4.58 |
4.53 |
4.61 |
2.71 |
4.28 |
NOPAT to Interest Expense |
|
4.97 |
4.32 |
4.92 |
5.41 |
3.17 |
3.78 |
3.55 |
4.59 |
1.72 |
2.68 |
EBIT Less CapEx to Interest Expense |
|
2.61 |
2.33 |
2.45 |
2.48 |
1.20 |
1.55 |
1.82 |
1.90 |
1.09 |
1.74 |
NOPAT Less CapEx to Interest Expense |
|
1.62 |
1.17 |
1.32 |
1.29 |
0.62 |
0.75 |
0.84 |
1.88 |
0.10 |
0.15 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
33.61% |
36.86% |
39.92% |
45.33% |
53.91% |
45.74% |
44.56% |
34.50% |
68.43% |
53.28% |
Augmented Payout Ratio |
|
57.88% |
52.05% |
54.44% |
65.77% |
64.10% |
82.94% |
115.58% |
82.24% |
134.28% |
107.21% |