Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
9.33% |
10.15% |
11.71% |
9.57% |
9.89% |
8.80% |
10.56% |
11.66% |
11.07% |
12.42% |
18.72% |
EBITDA Growth |
|
5.87% |
6.48% |
9.95% |
14.31% |
6.33% |
20.88% |
17.16% |
29.53% |
16.02% |
6.93% |
15.70% |
EBIT Growth |
|
0.02% |
2.46% |
12.53% |
16.08% |
3.23% |
21.80% |
15.75% |
35.23% |
15.91% |
1.65% |
13.66% |
NOPAT Growth |
|
1.01% |
6.81% |
14.95% |
19.05% |
5.22% |
12.75% |
11.96% |
9.80% |
11.62% |
10.69% |
14.43% |
Net Income Growth |
|
-1.84% |
4.68% |
13.61% |
17.23% |
9.54% |
17.01% |
18.81% |
21.84% |
16.73% |
5.56% |
9.93% |
EPS Growth |
|
1.31% |
7.95% |
17.26% |
20.00% |
12.81% |
20.10% |
20.86% |
25.00% |
19.41% |
8.74% |
13.33% |
Operating Cash Flow Growth |
|
3.46% |
49.31% |
-3.80% |
-11.44% |
17.56% |
-13.35% |
17.89% |
10.38% |
10.63% |
-1.44% |
47.97% |
Free Cash Flow Firm Growth |
|
-31.49% |
-31.15% |
-68.78% |
-42.29% |
-39.30% |
-20.95% |
-8.81% |
71.89% |
143.98% |
-2.77% |
7.58% |
Invested Capital Growth |
|
4.84% |
5.93% |
10.43% |
4.91% |
1.54% |
1.53% |
-1.51% |
-3.04% |
-5.43% |
-2.92% |
-4.09% |
Revenue Q/Q Growth |
|
0.88% |
-1.11% |
8.06% |
1.42% |
1.63% |
0.29% |
5.98% |
1.73% |
0.62% |
1.91% |
7.04% |
EBITDA Q/Q Growth |
|
-7.90% |
0.10% |
4.73% |
9.65% |
-7.36% |
3.36% |
8.88% |
2.00% |
5.32% |
0.17% |
20.37% |
EBIT Q/Q Growth |
|
-12.32% |
-2.54% |
5.87% |
10.55% |
-10.18% |
7.05% |
9.22% |
-1.70% |
5.98% |
1.73% |
27.59% |
NOPAT Q/Q Growth |
|
-11.12% |
-2.86% |
9.69% |
6.67% |
-6.02% |
4.54% |
13.61% |
-5.72% |
0.70% |
3.80% |
11.42% |
Net Income Q/Q Growth |
|
-10.59% |
-3.74% |
9.15% |
4.48% |
-4.64% |
4.46% |
12.63% |
-2.37% |
1.87% |
6.07% |
15.51% |
EPS Q/Q Growth |
|
-10.08% |
-2.64% |
10.42% |
4.80% |
-4.18% |
5.75% |
13.00% |
-1.48% |
2.01% |
6.42% |
16.88% |
Operating Cash Flow Q/Q Growth |
|
-12.99% |
-19.03% |
29.80% |
13.13% |
25.57% |
-47.83% |
19.49% |
50.18% |
-7.46% |
-29.02% |
11.88% |
Free Cash Flow Firm Q/Q Growth |
|
-7.87% |
82.24% |
-46.63% |
-23.55% |
-7.41% |
-17.37% |
-1.34% |
-19.58% |
20.58% |
-4.68% |
85.97% |
Invested Capital Q/Q Growth |
|
2.40% |
1.43% |
0.57% |
0.37% |
3.46% |
5.74% |
-4.46% |
-2.85% |
3.44% |
2.58% |
-5.96% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Gross Margin |
|
82.73% |
80.94% |
83.27% |
82.33% |
81.73% |
82.87% |
82.60% |
81.77% |
81.03% |
83.15% |
82.59% |
EBITDA Margin |
|
100.43% |
110.00% |
108.67% |
112.12% |
103.72% |
113.78% |
110.41% |
107.47% |
107.19% |
102.41% |
104.19% |
Operating Margin |
|
56.65% |
65.55% |
66.02% |
66.72% |
61.01% |
68.96% |
64.47% |
61.85% |
66.83% |
64.14% |
65.33% |
EBIT Margin |
|
58.33% |
67.11% |
68.09% |
69.49% |
63.76% |
72.15% |
67.59% |
65.59% |
67.88% |
64.44% |
64.56% |
Profit (Net Income) Margin |
|
47.71% |
53.83% |
55.30% |
54.74% |
53.14% |
56.64% |
54.37% |
51.16% |
53.31% |
52.66% |
50.60% |
Tax Burden Percent |
|
84.17% |
82.56% |
83.46% |
81.35% |
84.58% |
80.93% |
83.06% |
80.76% |
80.66% |
83.97% |
80.94% |
Interest Burden Percent |
|
97.18% |
97.15% |
97.31% |
96.83% |
98.53% |
97.00% |
96.86% |
96.58% |
97.38% |
97.32% |
96.84% |
Effective Tax Rate |
|
15.83% |
17.44% |
16.54% |
18.65% |
15.42% |
19.07% |
16.94% |
19.24% |
19.34% |
16.03% |
19.06% |
Return on Invested Capital (ROIC) |
|
45.24% |
51.70% |
53.17% |
49.95% |
45.87% |
50.13% |
49.04% |
42.27% |
42.58% |
43.46% |
42.24% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
45.89% |
57.42% |
52.05% |
47.00% |
33.75% |
44.17% |
44.29% |
67.83% |
40.17% |
32.27% |
-127.38% |
Return on Net Nonoperating Assets (RNNOA) |
|
0.45% |
-0.72% |
-2.28% |
-1.68% |
-0.95% |
-1.38% |
-1.79% |
0.70% |
2.09% |
0.75% |
-0.36% |
Return on Equity (ROE) |
|
45.70% |
50.98% |
50.89% |
48.26% |
44.92% |
48.75% |
47.25% |
42.97% |
44.67% |
44.21% |
41.87% |
Cash Return on Invested Capital (CROIC) |
|
45.34% |
45.66% |
42.41% |
44.73% |
45.37% |
46.39% |
49.88% |
47.62% |
47.34% |
45.57% |
46.46% |
Operating Return on Assets (OROA) |
|
23.69% |
26.95% |
26.44% |
26.92% |
24.30% |
27.22% |
25.08% |
23.91% |
24.95% |
23.25% |
22.47% |
Return on Assets (ROA) |
|
19.38% |
21.61% |
21.48% |
21.21% |
20.25% |
21.37% |
20.18% |
18.65% |
19.60% |
19.00% |
17.61% |
Return on Common Equity (ROCE) |
|
44.25% |
49.34% |
49.11% |
46.29% |
42.94% |
46.46% |
44.69% |
40.29% |
41.75% |
41.20% |
38.78% |
Return on Equity Simple (ROE_SIMPLE) |
|
52.29% |
52.15% |
0.00% |
48.09% |
45.42% |
45.26% |
0.00% |
42.41% |
40.94% |
41.10% |
0.00% |
Net Operating Profit after Tax (NOPAT) |
|
4,574 |
5,147 |
5,299 |
4,831 |
4,529 |
4,819 |
4,610 |
4,057 |
4,304 |
4,274 |
4,117 |
NOPAT Margin |
|
47.68% |
54.12% |
55.10% |
54.28% |
51.61% |
55.81% |
53.54% |
49.95% |
53.90% |
53.85% |
52.87% |
Net Nonoperating Expense Percent (NNEP) |
|
-0.65% |
-5.72% |
1.12% |
2.94% |
12.12% |
5.96% |
4.75% |
-25.56% |
2.41% |
11.19% |
169.62% |
Return On Investment Capital (ROIC_SIMPLE) |
|
7.78% |
8.74% |
- |
- |
- |
7.97% |
- |
- |
- |
- |
- |
Cost of Revenue to Revenue |
|
17.27% |
19.06% |
16.73% |
17.67% |
18.27% |
17.13% |
17.40% |
18.23% |
18.97% |
16.85% |
17.41% |
SG&A Expenses to Revenue |
|
8.51% |
8.74% |
8.57% |
8.25% |
9.13% |
7.55% |
9.08% |
7.74% |
7.40% |
7.67% |
8.81% |
R&D to Revenue |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Operating Expenses to Revenue |
|
26.08% |
15.38% |
17.25% |
15.61% |
20.72% |
13.91% |
18.13% |
19.92% |
14.20% |
19.01% |
17.26% |
Earnings before Interest and Taxes (EBIT) |
|
5,596 |
6,382 |
6,548 |
6,185 |
5,595 |
6,229 |
5,819 |
5,328 |
5,420 |
5,114 |
5,027 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
9,635 |
10,461 |
10,451 |
9,979 |
9,101 |
9,824 |
9,505 |
8,730 |
8,559 |
8,127 |
8,113 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
17.53 |
15.75 |
13.12 |
12.51 |
13.13 |
12.62 |
11.45 |
11.84 |
11.42 |
11.05 |
9.90 |
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 |
0.00 |
Price to Revenue (P/Rev) |
|
17.31 |
16.00 |
13.92 |
13.72 |
14.95 |
14.42 |
12.99 |
13.84 |
13.52 |
12.79 |
11.23 |
Price to Earnings (P/E) |
|
32.74 |
29.48 |
25.33 |
25.07 |
27.76 |
26.75 |
24.55 |
26.65 |
26.54 |
25.43 |
22.01 |
Dividend Yield |
|
0.63% |
0.68% |
0.76% |
0.77% |
0.70% |
0.72% |
0.99% |
0.92% |
0.94% |
0.99% |
0.86% |
Earnings Yield |
|
3.05% |
3.39% |
3.95% |
3.99% |
3.60% |
3.74% |
4.07% |
3.75% |
3.77% |
3.93% |
4.54% |
Enterprise Value to Invested Capital (EV/IC) |
|
16.13 |
14.91 |
12.83 |
12.35 |
13.19 |
12.84 |
11.94 |
11.89 |
11.03 |
10.53 |
9.24 |
Enterprise Value to Revenue (EV/Rev) |
|
17.40 |
16.06 |
13.95 |
13.74 |
14.95 |
14.40 |
12.94 |
13.84 |
13.57 |
12.85 |
11.32 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
16.15 |
14.78 |
12.73 |
12.49 |
13.73 |
13.12 |
12.10 |
13.14 |
13.33 |
12.78 |
11.12 |
Enterprise Value to EBIT (EV/EBIT) |
|
26.49 |
23.92 |
20.41 |
20.14 |
22.22 |
21.07 |
19.48 |
21.08 |
21.56 |
20.68 |
17.77 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
32.98 |
29.84 |
25.73 |
25.54 |
28.33 |
27.00 |
24.50 |
26.29 |
25.67 |
24.34 |
21.39 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
29.90 |
27.20 |
25.12 |
23.74 |
24.45 |
23.78 |
20.35 |
22.35 |
21.94 |
20.65 |
17.60 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
36.41 |
33.60 |
31.74 |
28.27 |
29.29 |
27.88 |
23.75 |
24.59 |
22.65 |
22.76 |
19.47 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.55 |
0.54 |
0.53 |
0.52 |
0.51 |
0.52 |
0.53 |
0.53 |
0.53 |
0.55 |
0.63 |
Long-Term Debt to Equity |
|
0.44 |
0.44 |
0.53 |
0.52 |
0.51 |
0.52 |
0.53 |
0.53 |
0.53 |
0.55 |
0.57 |
Financial Leverage |
|
0.01 |
-0.01 |
-0.04 |
-0.04 |
-0.03 |
-0.03 |
-0.04 |
0.01 |
0.05 |
0.02 |
0.00 |
Leverage Ratio |
|
2.36 |
2.35 |
2.38 |
2.29 |
2.27 |
2.31 |
2.37 |
2.35 |
2.26 |
2.29 |
2.30 |
Compound Leverage Factor |
|
2.29 |
2.28 |
2.31 |
2.22 |
2.23 |
2.24 |
2.29 |
2.27 |
2.20 |
2.23 |
2.23 |
Debt to Total Capital |
|
35.31% |
34.99% |
34.74% |
34.15% |
33.73% |
34.26% |
34.57% |
34.53% |
34.82% |
35.68% |
38.69% |
Short-Term Debt to Total Capital |
|
6.72% |
6.67% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
3.88% |
Long-Term Debt to Total Capital |
|
28.60% |
28.32% |
34.74% |
34.15% |
33.73% |
34.26% |
34.57% |
34.53% |
34.82% |
35.68% |
34.81% |
Preferred Equity to Total Capital |
|
1.50% |
1.53% |
1.72% |
2.36% |
2.62% |
2.67% |
2.87% |
3.00% |
3.19% |
3.45% |
4.00% |
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 |
|
63.19% |
63.48% |
63.54% |
63.49% |
63.65% |
63.07% |
62.56% |
62.47% |
61.99% |
60.86% |
57.31% |
Debt to EBITDA |
|
0.51 |
0.52 |
0.53 |
0.54 |
0.55 |
0.57 |
0.59 |
0.61 |
0.65 |
0.67 |
0.75 |
Net Debt to EBITDA |
|
0.06 |
0.04 |
0.00 |
-0.02 |
-0.05 |
-0.06 |
-0.10 |
-0.06 |
-0.01 |
0.00 |
0.01 |
Long-Term Debt to EBITDA |
|
0.41 |
0.42 |
0.53 |
0.54 |
0.55 |
0.57 |
0.59 |
0.61 |
0.65 |
0.67 |
0.68 |
Debt to NOPAT |
|
1.05 |
1.04 |
1.07 |
1.10 |
1.14 |
1.16 |
1.19 |
1.23 |
1.26 |
1.29 |
1.45 |
Net Debt to NOPAT |
|
0.13 |
0.07 |
0.00 |
-0.04 |
-0.10 |
-0.13 |
-0.19 |
-0.12 |
-0.03 |
0.00 |
0.02 |
Long-Term Debt to NOPAT |
|
0.85 |
0.84 |
1.07 |
1.10 |
1.14 |
1.16 |
1.19 |
1.23 |
1.26 |
1.29 |
1.30 |
Altman Z-Score |
|
8.01 |
7.53 |
6.38 |
6.61 |
6.88 |
6.59 |
5.91 |
6.24 |
6.20 |
5.72 |
4.89 |
Noncontrolling Interest Sharing Ratio |
|
3.16% |
3.23% |
3.50% |
4.08% |
4.41% |
4.69% |
5.41% |
6.23% |
6.53% |
6.81% |
7.39% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Current Ratio |
|
1.08 |
1.12 |
1.28 |
1.37 |
1.40 |
1.45 |
1.45 |
1.49 |
1.50 |
1.44 |
1.45 |
Quick Ratio |
|
0.66 |
0.70 |
0.80 |
1.00 |
1.00 |
1.07 |
1.10 |
1.13 |
0.98 |
0.94 |
1.10 |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
2,699 |
2,930 |
1,608 |
3,013 |
3,941 |
4,256 |
5,151 |
5,220 |
6,492 |
5,384 |
5,648 |
Operating Cash Flow to CapEx |
|
1,435.78% |
1,564.06% |
2,156.63% |
1,283.50% |
1,614.95% |
1,353.56% |
2,271.15% |
1,965.08% |
1,838.10% |
1,675.10% |
1,991.86% |
Free Cash Flow to Firm to Interest Expense |
|
17.09 |
16.10 |
9.14 |
15.37 |
48.06 |
22.76 |
28.15 |
28.68 |
45.72 |
39.30 |
35.52 |
Operating Cash Flow to Interest Expense |
|
29.72 |
29.65 |
37.86 |
26.19 |
55.34 |
19.33 |
37.85 |
31.85 |
27.18 |
30.45 |
36.96 |
Operating Cash Flow Less CapEx to Interest Expense |
|
27.65 |
27.75 |
36.11 |
24.15 |
51.91 |
17.90 |
36.19 |
30.23 |
25.70 |
28.63 |
35.10 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.41 |
0.40 |
0.39 |
0.39 |
0.38 |
0.38 |
0.37 |
0.36 |
0.37 |
0.36 |
0.35 |
Accounts Receivable Turnover |
|
15.08 |
14.44 |
14.81 |
14.54 |
15.54 |
14.44 |
15.15 |
14.79 |
14.56 |
14.10 |
14.70 |
Inventory Turnover |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Fixed Asset Turnover |
|
9.83 |
9.89 |
9.91 |
9.79 |
9.77 |
9.94 |
9.82 |
9.77 |
9.56 |
9.83 |
9.87 |
Accounts Payable Turnover |
|
17.53 |
17.52 |
14.67 |
20.11 |
19.61 |
19.71 |
16.31 |
22.35 |
23.77 |
20.40 |
16.47 |
Days Sales Outstanding (DSO) |
|
24.21 |
25.27 |
24.65 |
25.10 |
23.49 |
25.28 |
24.09 |
24.67 |
25.08 |
25.88 |
24.83 |
Days Inventory Outstanding (DIO) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Days Payable Outstanding (DPO) |
|
20.82 |
20.83 |
24.88 |
18.15 |
18.61 |
18.52 |
22.38 |
16.33 |
15.36 |
17.89 |
22.16 |
Cash Conversion Cycle (CCC) |
|
3.39 |
4.44 |
-0.23 |
6.95 |
4.88 |
6.76 |
1.72 |
8.34 |
9.72 |
7.99 |
2.67 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
40,584 |
39,632 |
39,074 |
38,854 |
38,709 |
37,415 |
35,383 |
37,036 |
38,121 |
36,852 |
35,924 |
Invested Capital Turnover |
|
0.95 |
0.96 |
0.97 |
0.92 |
0.89 |
0.90 |
0.92 |
0.85 |
0.79 |
0.81 |
0.80 |
Increase / (Decrease) in Invested Capital |
|
1,875 |
2,217 |
3,691 |
1,818 |
588 |
563 |
-541 |
-1,163 |
-2,188 |
-1,110 |
-1,531 |
Enterprise Value (EV) |
|
654,572 |
591,053 |
501,150 |
479,831 |
510,389 |
480,350 |
422,439 |
440,413 |
420,436 |
387,928 |
331,823 |
Market Capitalization |
|
651,077 |
588,743 |
500,092 |
479,081 |
510,563 |
481,053 |
424,091 |
440,572 |
418,995 |
386,019 |
329,156 |
Book Value per Share |
|
$20.00 |
$20.07 |
$20.91 |
$20.94 |
$21.17 |
$24.06 |
$19.89 |
$19.86 |
$19.51 |
$18.55 |
$17.59 |
Tangible Book Value per Share |
|
($4.79) |
($4.32) |
($4.24) |
($3.69) |
($3.45) |
($4.26) |
($3.80) |
($3.98) |
($4.24) |
($4.98) |
($5.08) |
Total Capital |
|
58,792 |
58,905 |
59,973 |
60,331 |
61,088 |
60,436 |
59,196 |
59,541 |
59,171 |
57,411 |
58,031 |
Total Debt |
|
20,762 |
20,609 |
20,836 |
20,602 |
20,603 |
20,703 |
20,463 |
20,560 |
20,606 |
20,487 |
22,450 |
Total Long-Term Debt |
|
16,814 |
16,680 |
20,836 |
20,602 |
20,603 |
20,703 |
20,463 |
20,560 |
20,606 |
20,487 |
20,200 |
Net Debt |
|
2,615 |
1,406 |
27 |
-675 |
-1,776 |
-2,318 |
-3,350 |
-1,945 |
-444 |
-72 |
343 |
Capital Expenditures (CapEx) |
|
327 |
345 |
309 |
400 |
281 |
267 |
305 |
295 |
210 |
249 |
295 |
Debt-free, Cash-free Net Working Capital (DFCFNWC) |
|
-10,176 |
-9,986 |
-10,748 |
-9,813 |
-9,955 |
-10,114 |
-11,458 |
-9,943 |
-8,650 |
-9,318 |
-8,369 |
Debt-free Net Working Capital (DFNWC) |
|
6,501 |
7,460 |
7,516 |
8,427 |
9,332 |
10,098 |
10,434 |
10,440 |
9,560 |
8,506 |
11,602 |
Net Working Capital (NWC) |
|
2,553 |
3,531 |
7,516 |
8,427 |
9,332 |
10,098 |
10,434 |
10,440 |
9,560 |
8,506 |
9,352 |
Net Nonoperating Expense (NNE) |
|
-2.53 |
28 |
-19 |
-41 |
-134 |
-71 |
-71 |
-99 |
47 |
95 |
177 |
Net Nonoperating Obligations (NNO) |
|
2,554 |
1,336 |
-63 |
-875 |
-1,776 |
-2,318 |
-3,350 |
-1,945 |
-444 |
-72 |
343 |
Total Depreciation and Amortization (D&A) |
|
4,039 |
4,079 |
3,903 |
3,794 |
3,506 |
3,595 |
3,686 |
3,402 |
3,139 |
3,013 |
3,086 |
Debt-free, Cash-free Net Working Capital to Revenue |
|
-27.05% |
-27.13% |
-29.92% |
-28.10% |
-29.16% |
-30.33% |
-35.09% |
-31.24% |
-27.92% |
-30.87% |
-28.55% |
Debt-free Net Working Capital to Revenue |
|
17.28% |
20.27% |
20.92% |
24.13% |
27.33% |
30.28% |
31.95% |
32.80% |
30.86% |
28.18% |
39.58% |
Net Working Capital to Revenue |
|
6.79% |
9.59% |
20.92% |
24.13% |
27.33% |
30.28% |
31.95% |
32.80% |
30.86% |
28.18% |
31.91% |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$2.32 |
$2.58 |
$2.66 |
$2.40 |
$2.29 |
$2.39 |
$2.26 |
$2.00 |
$2.04 |
$1.99 |
$1.87 |
Adjusted Weighted Average Basic Shares Outstanding |
|
1.72B |
1.73B |
1.62B |
1.61B |
1.58B |
1.58B |
1.62B |
1.61B |
1.62B |
1.63B |
1.65B |
Adjusted Diluted Earnings per Share |
|
$2.32 |
$2.58 |
$2.65 |
$2.40 |
$2.29 |
$2.39 |
$2.26 |
$2.00 |
$2.03 |
$1.99 |
$1.87 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
1.97B |
1.99B |
2.03B |
2.03B |
2.04B |
2.05B |
2.09B |
2.08B |
2.09B |
2.10B |
2.14B |
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 |
|
1.85B |
1.86B |
1.86B |
1.82B |
1.83B |
1.84B |
1.84B |
1.86B |
1.87B |
1.88B |
1.88B |
Normalized Net Operating Profit after Tax (NOPAT) |
|
5,416 |
5,183 |
5,307 |
4,841 |
4,892 |
4,826 |
4,717 |
4,427 |
4,304 |
4,560 |
4,120 |
Normalized NOPAT Margin |
|
56.45% |
54.50% |
55.19% |
54.39% |
55.75% |
55.90% |
54.79% |
54.49% |
53.90% |
57.46% |
52.90% |
Pre Tax Income Margin |
|
56.68% |
65.19% |
66.26% |
67.29% |
62.83% |
69.98% |
65.47% |
63.35% |
66.10% |
62.71% |
62.51% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
35.42 |
35.07 |
37.20 |
31.56 |
68.23 |
33.31 |
31.80 |
29.27 |
38.17 |
37.33 |
31.62 |
NOPAT to Interest Expense |
|
28.95 |
28.28 |
30.11 |
24.65 |
55.23 |
25.77 |
25.19 |
22.29 |
30.31 |
31.20 |
25.89 |
EBIT Less CapEx to Interest Expense |
|
33.35 |
33.17 |
35.45 |
29.52 |
64.80 |
31.88 |
30.13 |
27.65 |
36.69 |
35.51 |
29.76 |
NOPAT Less CapEx to Interest Expense |
|
26.88 |
26.39 |
28.35 |
22.60 |
51.80 |
24.34 |
23.52 |
20.67 |
28.83 |
29.38 |
24.04 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
22.28% |
21.67% |
21.36% |
21.48% |
21.67% |
21.50% |
21.72% |
21.88% |
22.03% |
22.00% |
21.41% |
Augmented Payout Ratio |
|
117.74% |
107.51% |
106.01% |
97.98% |
93.07% |
91.37% |
91.77% |
85.11% |
84.39% |
91.84% |
98.90% |