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NYSE-CW
Mar '15
Dec '16
Sep '18
Jun '20
Mar '22
Dec '23
Sep '25
Trailing Valuation
Stock Price
542.9
488.6
317.3
354.9
328.7
271
Total Shares Outstanding
37.1
37.7
38
38.3
Market Cap
20,147
18,405.2
11,969.4
13,361.1
12,477.1
10,375.7
Total Enterprise Value (TEV)
21,054.9
19,202.9
12,863.3
14,173.2
13,217.4
11,166.4
Dividend Yield
—
0.2%
Buyback Yield
2.1%
1.3%
2%
1.8%
1.1%
0.4%
Debt Paydown Yield
-0.1%
1.2%
Shareholder Yield
1.6%
P/S
6
5.6
3.7
4.3
4
3.4
P/Gross Profit
15.9
14.9
10
11.6
10.9
9.2
P/E
44.2
41.2
28.2
33.6
31.1
26.6
Earnings Yield
2.3%
2.4%
3.5%
3%
3.2%
3.8%
P/OCF
34
31.9
21.7
24.5
23.8
21
P/FCF
39
36.6
24.6
27.6
26.3
23.1
FCF Yield
2.6%
2.7%
4.1%
3.6%
4.3%
P/B
8
6.8
4.7
5.5
5
4.2
EV/Sales
6.2
5.8
4.5
EV/Gross Profit
16.7
15.6
10.8
12.3
9.9
EV/EBITDA
29
27.4
19.2
22.3
20.5
17.6
EV/EBIT
34.7
32.8
26.8
24.7
21.4
EV/OCF
35.6
33.3
23.3
26
25.2
22.6
EV/FCF
40.8
38.1
26.4
29.3
27.8
24.9
Dividends
DPS
0.8
Payout Ratio
7.8%
Margins
Gross Profit Margin
37.4%
37.3%
37.1%
37%
Operating Margin
18%
17.7%
17.4%
16.9%
17.3%
EBITDA Margin
21.5%
21.2%
20.8%
20.4%
20.9%
21.1%
Net Profit Margin
13.8%
13.7%
13.4%
13%
13.2%
13.1%
Effective Tax Rate
22%
21.6%
22.4%
22.6%
22.9%
Pre-Tax Profit Margin
17.5%
17.1%
16.7%
Free Cash Flow Margin
15.3%
15.2%
15.1%
15.5%
15.4%
14.9%
OCF / Sales
17%
16.4%
OCF / Net Income
127.3%
127.7%
128.2%
134.4%
129.1%
125.9%
FCF / OCF
87.3%
88.3%
88.8%
90.4%
90.9%
FCF / Net Income
111.1%
111.5%
113.2%
119.3%
116.7%
114.4%
FCF / EBITDA
71.1%
71.8%
72.7%
76%
73.7%
70.8%
Capital Efficiency
Return on Invested Capital
11.1%
10.7%
10.4%
10.6%
Return on Assets
9.4%
9%
8.8%
8.5%
8.7%
8.6%
Return on Equity
18.7%
17.2%
Return on Total Capital
39%
37.7%
36.2%
33.3%
33.8%
33%
Return on Capital Employed
14.5%
14.1%
13.9%
13.6%
Return on Tangible Assets
16%
15.9%
Receivables Turnover
3.9
Days Sales Outstanding
98
99.2
91.7
94.1
94
Payables Turnover
8.2
8.1
8.3
Days Payables Outstanding
44.7
44.8
43.8
45.5
45.4
Inventory Turnover
3.6
3.5
Days Inventory Outstanding
101.8
101.5
101.1
97.5
102.7
103.6
Cash Conversion Cycle
155.1
155.9
156.5
143.6
153
152.2
Asset Turnover
0.7
0.6
Fixed Asset Turnover
6.4
6.3
Operating Cycle
199.8
200.7
200.2
189.2
196.8
197.6
CapEx to OCF
0.1
CapEx to Revenue
0
CapEx to Depreciation
0.5
0.4
Financial Health
Total Debt
1,133.4
1,129.4
1,120.4
1,197.1
1,184.2
1,173.2
Net Debt
908
797.7
893.9
812.1
740.3
790.7
Current Ratio
1.8
1.9
1.7
2
Quick Ratio
1.1
1.3
1.2
Cash Ratio
0.2
0.3
Debt Ratio
Assets to Equity
Cash Flow to Debt Ratio
Long-term Debt to Assets
Intangibles to Total Assets
Net Current Asset Value
-645.4
-483
-592.6
-686.3
-443.2
-453.9
Goodwill / Assets
Debt / Equity
Total Debt / Capitalization
1
Long Term Debt / Capitalization
0.9
Long-Term Debt / Equity
Net Debt / EBITDA
EBIT / Interest Expense
14.2
13.4
12.6
11.8
12.1
11.5
EBITDA / Interest Expense
17
16
15.1
14.6
14
(EBITDA - Capex) / Interest Expense
15.2
14.4
13.6
12.8
13.5
13
Per Share
Revenue per Share
89.1
86.8
84.1
81.3
80.1
78.1
Basic EPS
12.4
11.9
11.3
10.6
10.7
10.3
Diluted EPS
11.2
10.2
Book Value per Share
66.8
71.2
66.9
63.8
64.7
63.9
Tangible Book Value per Share
7.6
7.9
4.6
9.7
8.9
Cash per Share
5.9
8.7
Operating Cash Flow per Share
13.7
Free Cash Flow per Share
13.2
12.7
11.7
CapEx per Share
1.6
Weighted Avg. Shares Outstanding
37.9
38.2
Weighted Avg. Shares Outstanding Diluted
38.4
38.5
Common Size
R&D to Revenue
2.8%
2.9%
SG&A to Revenue
16.3%
16.6%
Stock-based Comp to Revenue
0.6%