CVS Health Corporation Financial Ratios — CVSH34 Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	9.14	10.21	12.15	12.24	13.94	14.37	17.77	-1.24	10.87	10.77	11.08	5.88	11.28	6.07	2.35
Return on Assets (%)	5.46	5.91	6.67	6.37	6.29	5.69	6.99	-0.41	3.17	3.17	3.45	1.87	3.49	1.83	0.7
Return on Capital (%)	7.98	8.81	9.93	9.82	9.97	9.27	11.58	-1.73	6.22	6.05	6.48	4.08	6.91	4.35	2.76
Return on Invested Capital (%)	8.02	9.26	9.94	10.42	9.96	9.92	11.85	-1.73	6.2	6.66	6.59	4.01	6.9	4.04	2.4
Gross Margin (%)	19.2	18.27	18.76	18.2	17.31	16.24	15.44	16.21	17.73	18.25	17.84	16.9	15.21	13.79	13.77
EBITDA Margin (%)	7.38	7.28	7.82	7.7	7.55	7.24	6.5	3.46	6.37	6.83	6.09	3.78	5.06	3.52	2.3
Operating Margin (%)	5.91	5.86	6.34	6.31	6.18	5.85	5.26	5.23	4.76	5.18	5.17	5.05	4.08	2.6	2.58
Incremental Operating Margin (%)	1.72	5.48	22.71	6.04	4.86	3.76	- -	4.61	3.29	14.19	5.08	3.92	- -	- -	2.36
Pretax Margin (%)	5.37	5.12	5.94	5.51	5.62	4.86	4.47	0.72	3.5	3.64	3.61	1.81	3.12	1.65	0.53
Profit Margin (%)	3.23	3.14	3.62	3.33	3.42	2.99	3.58	-0.31	2.58	2.67	2.74	1.34	2.33	1.24	0.44
Net Income to Common Margin (%)	3.23	3.14	3.62	3.33	3.42	2.99	3.58	-0.31	2.58	2.67	2.74	1.34	2.33	1.24	0.44
Effective Tax Rate (%)	39.29	38.64	38.89	39.5	39.3	38.4	19.8	142.39	26.3	26.29	24.18	25.86	25.11	25.41	19.1
Dvd Payout Ratio (%)	19.34	21.44	23.85	27.73	30.12	34.57	30.9	-340.8	39.27	36.37	32.91	66.94	37.32	74	201.24
Sustainable Growth Rate (%)	7.38	8.02	9.25	8.84	9.74	9.4	12.28	-5.46	6.6	6.86	7.43	1.95	7.07	1.58	-2.37

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	10,014	9,828	13,402	12,890	27,464	27,531	27,002	73,429	89,002	85,042	75,999	70,732	79,385	82,920	79,950
ST Debt	806	695	561	1,260	1,197	1,916	4,821	1,985	5,377	7,078	5,851	3,456	4,713	7,494	5,805
LT Debt	9,208	9,133	12,841	11,630	26,267	25,615	22,181	71,444	83,625	77,964	70,148	67,276	74,672	75,426	74,145
Total Debt/EBITDA	1.27	1.1	1.35	1.2	2.37	2.14	2.25	10.9	5.44	4.63	4.27	5.81	4.38	6.32	8.63
Net Debt/EBITDA	1.09	0.94	0.94	0.97	2.16	1.88	2.11	10.29	3.84	3.09	2.63	3.23	2.95	4.4	6.06
Total Debt/EBIT	1.58	1.36	1.67	1.46	2.9	2.65	2.83	18.26	7.42	6.11	5.71	8.89	5.78	9.74	17.16
Net Debt/EBIT	1.36	1.17	1.16	1.18	2.64	2.33	2.65	17.25	5.24	4.08	3.51	4.94	3.89	6.77	12.04
EBITDA to Interest Expense	13.43	15.98	19.16	17.45	13.47	11.93	11.32	2.57	5.39	6.31	7.11	5.32	6.81	4.43	2.97
EBITDA-CapEx/Interest Expense	10.25	12.36	15.32	13.97	10.71	9.87	9.51	1.8	4.58	5.47	6.1	4.13	5.67	3.49	2.06
EBIT to Interest Expense	10.77	12.85	15.55	14.31	11.03	9.63	9.15	3.88	4.03	4.79	6.03	7.12	5.49	3.28	3.33
Interest Expense	588	561	517	615	859	1,078	1,062	2,619	3,035	2,907	2,503	2,287	2,658	2,958	3,119
Common Equity/Total Assets	58.91	56.86	53.04	51.17	40.24	38.99	39.62	29.64	28.71	30.08	32.22	31.31	30.62	29.84	29.67
Long-Term Debt/Equity (%)	24.2	24.26	33.85	30.64	70.6	69.54	58.84	122.04	130.32	111.85	93.06	93.74	97.44	99.6	98.36
Long-Term Debt/Capital (%)	19.16	19.24	25.01	22.87	40.62	39.8	34.28	54.14	54.6	50.38	46.34	47.21	47.86	47.54	47.73
Long-Term Debt/Total Assets (%)	14.27	13.79	17.95	15.68	28.42	27.12	23.32	36.37	37.59	33.79	30.11	29.47	29.9	29.79	29.24
Total Debt/Equity (%)	26.32	26.1	35.33	33.95	73.82	74.74	71.63	125.43	138.7	122.01	100.82	98.56	103.59	109.49	106.06
Total Debt/Capital (%)	20.83	20.7	26.1	25.35	42.47	42.77	41.74	55.64	58.11	54.96	50.2	49.64	50.88	52.27	51.47
Total Debt/Total Assets (%)	15.52	14.84	18.74	17.38	29.71	29.15	28.38	37.38	40.01	36.86	32.62	30.99	31.79	32.75	31.53
Net Debt to Equity	22.6	22.45	24.55	27.42	67.21	65.59	67.13	118.49	97.86	81.48	62.04	54.77	69.7	76.17	74.44
Net Debt/Capital (%)	18.44	18.33	19.71	21.52	40.2	39.61	40.17	54.23	42.58	38.66	32.94	30.34	36.13	38.44	38.21
EBITDA	7,899	8,963	9,907	10,730	11,567	12,861	12,017	6,739	16,358	18,352	17,796	12,178	18,109	13,113	9,266
EBITDA-CapEx	6,027	6,933	7,923	8,594	9,200	10,637	10,099	4,702	13,901	15,915	15,276	9,451	15,078	10,332	6,434
Operating Income (Loss)	6,331	7,210	8,037	8,799	9,475	10,386	9,719	10,170	12,218	13,911	15,099	16,290	14,599	9,695	10,385

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	0.12	0.1	0.27	0.13	0.11	0.13	0.06	0.15	0.15	0.18	0.18	0.23	0.14	0.13	0.12
Current Ratio	1.56	1.42	1.64	1.37	1.26	1.18	1.02	1.03	0.94	0.91	0.88	0.95	0.86	0.81	0.84
Quick Ratio	0.62	0.56	0.84	0.64	0.62	0.6	0.49	0.55	0.52	0.53	0.55	0.62	0.59	0.56	0.57
CFO/Avg Current Liab	0.51	0.51	0.39	0.47	0.4	0.41	0.28	0.24	0.26	0.28	0.28	0.24	0.18	0.11	0.12
Common Equity/Total Assets	58.91	56.86	53.04	51.17	40.24	38.99	39.62	29.64	28.71	30.08	32.22	31.31	30.62	29.84	29.67
Long-Term Debt/Equity (%)	24.2	24.26	33.85	30.64	70.6	69.54	58.84	122.04	130.32	111.85	93.06	93.74	97.44	99.6	98.36
Long-Term Debt/Capital (%)	19.16	19.24	25.01	22.87	40.62	39.8	34.28	54.14	54.6	50.38	46.34	47.21	47.86	47.54	47.73
Long-Term Debt/Total Assets (%)	14.27	13.79	17.95	15.68	28.42	27.12	23.32	36.37	37.59	33.79	30.11	29.47	29.9	29.79	29.24
Total Debt/Equity (%)	26.32	26.1	35.33	33.95	73.82	74.74	71.63	125.43	138.7	122.01	100.82	98.56	103.59	109.49	106.06
Total Debt/Capital (%)	20.83	20.7	26.1	25.35	42.47	42.77	41.74	55.64	58.11	54.96	50.2	49.64	50.88	52.27	51.47
Total Debt/Total Assets (%)	15.52	14.84	18.74	17.38	29.71	29.15	28.38	37.38	40.01	36.86	32.62	30.99	31.79	32.75	31.53
CFO/Total Liabilities	22.1	23.35	17.22	22.46	15.46	17.6	13.94	6.43	8.12	9.85	11.59	10.34	7.76	5.13	5.97
CFO/CapEx	3.13	3.29	2.91	3.81	3.61	4.56	4.17	4.35	5.23	6.51	7.25	5.93	4.43	3.27	3.76
Altman's Z-Score	- -	- -	- -	- -	- -	7.25	7.25	3.89	3.63	3.48	3.8	4.06	4.06	3.71	3.89

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	19.52	19.66	16.67	15.14	14.21	14.76	18.4	23.33	28.32	28.12	28.92	29.15	26.23	24.66	26
Days Sales Outstanding	18.7	18.57	21.9	24.12	25.69	24.72	19.84	15.65	12.89	12.98	12.62	12.52	13.92	14.8	14.04
Inventory Turnover	8.34	9.55	9.33	9.92	9.78	10.34	10.4	10.27	12.44	12.2	13.24	14.54	16.35	17.79	18.56
Days Inventory Outstanding	43.75	38.23	39.13	36.78	37.33	35.3	35.1	35.53	29.34	29.92	27.57	25.1	22.33	20.52	19.66
Accounts Payable Turnover	20.45	21.53	19.4	19	18.36	19.37	18.66	18.46	21.87	20.4	20.21	19.67	20.33	20.88	20.75
Accounts Payable Turnover Days	17.84	16.95	18.82	19.21	19.88	18.85	19.56	19.77	16.69	17.89	18.06	18.56	17.95	17.48	17.59
Cash Conversion Cycle	44.61	39.84	42.21	41.68	43.13	41.17	35.38	31.41	25.54	25.01	22.13	19.06	18.29	17.84	16.11
Inventory to Cash Days	-25.05	-19.66	-17.23	-12.66	-11.65	-10.57	-15.26	-19.89	-16.45	-16.94	-14.95	-12.57	-8.41	-5.72	-5.62
Inventories	10,046	11,032	11,045	11,930	14,001	14,760	15,296	16,450	17,516	18,496	17,760	19,090	18,025	18,107	19,246
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	10,046	11,032	11,045	11,930	14,001	14,760	15,296	16,450	17,516	18,496	17,760	19,649	18,632	18,107	19,246

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	- -	- -	84,445	74,431	83,083	98,051	88,971	137,435	121,990	102,338	55,659	102,252
- Cash & Cash Equivalents	1,413	1,375	4,089	2,481	2,459	3,371	1,696	4,059	5,683	7,854	9,408	12,945	8,196	8,586	8,453
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	30	- -	- -	5	7	4	4	318	306	312	306	300	175	170	168
+ Total Debt	10,014	9,828	13,402	12,890	27,464	27,531	27,002	73,429	89,002	85,042	75,999	70,732	79,385	82,920	79,950
Enterprise Value	- -	- -	- -	- -	- -	108,522	99,630	150,249	179,303	163,471	201,215	177,299	170,443	127,756	171,772
Total Capital	48,065	47,481	51,340	50,853	64,667	64,365	64,697	131,972	153,172	154,743	151,380	142,501	156,021	158,650	155,332
Total Debt/Capital (%)	20.83	20.7	26.1	25.35	42.47	42.77	41.74	55.64	58.11	54.96	50.2	49.64	50.88	52.27	51.47
Total Debt / EV	- -	- -	- -	- -	- -	0.25	0.27	0.49	0.5	0.52	0.38	0.4	0.47	0.65	0.47
EV/Sales	- -	- -	- -	- -	- -	0.61	0.54	0.77	0.7	0.61	0.69	0.55	0.48	0.34	0.43
EV/EBITDA	- -	- -	- -	- -	- -	8.44	8.29	22.3	10.96	8.91	11.31	14.56	9.41	9.74	18.54
EV/EBIT	- -	- -	- -	- -	- -	10.45	10.45	37.37	14.96	11.75	15.12	22.29	12.4	15	36.86
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	10.04	11.25	19.37	11.89	9.08	9.98	9.92	11.06	11.29	13.05
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	12.65	14.35	26.28	14.2	10.5	11.4	11.71	13.76	14.97	16.63
Diluted Market Cap	- -	- -	- -	- -	- -	85,877	75,165	66,980	98,277	89,243	138,162	124,148	102,497	55,747	102,252
Diluted Enterprise Value	- -	- -	- -	- -	- -	109,954	100,364	134,146	179,529	163,743	201,942	179,457	170,602	127,844	171,772
EV per Share	- -	- -	- -	- -	- -	10.15	9.75	11.52	13.67	12.39	15.11	13.54	13.14	10.07	13.42
TTM Sales	107,080	123,120	126,761	139,367	153,290	177,546	184,786	194,579	256,776	268,706	292,111	322,467	357,776	372,809	402,067
TTM EBITDA	7,899	8,963	9,907	10,730	11,567	12,861	12,017	6,739	16,358	18,352	17,796	12,178	18,109	13,113	9,266
TTM Operating Income	6,331	7,210	8,037	8,799	9,475	10,386	9,719	10,170	12,218	13,911	15,099	16,290	14,599	9,695	10,385
TTM Cash Flow to Firm	6,213	7,015	6,099	8,509	9,060	10,805	8,859	7,755	15,085	18,008	20,163	17,873	15,417	11,313	13,162
TTM Free Cash Flow to Firm	4,341	4,985	4,115	6,373	6,693	8,581	6,941	5,718	12,628	15,571	17,643	15,146	12,386	8,532	10,330

Multiples (USD)

Valuation Multiples API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	- -	- -	- -	10.85	12.34	9.81	9.46	6.65	8.77	9.23	9.86	8.81	13.1
EV/EBIT	- -	- -	- -	- -	- -	10.45	10.45	37.37	14.96	11.75	15.12	22.29	12.4	15	36.86
Enterprise Value	- -	- -	- -	- -	- -	108,522	99,630	150,249	179,303	163,471	201,215	177,299	170,443	127,756	171,772
Low Price	- -	- -	- -	- -	- -	7.12	6.69	6.08	5.21	5.34	6.67	8.59	6.51	4.33	4.4
EV/Sales	- -	- -	- -	- -	- -	0.61	0.54	0.77	0.7	0.61	0.69	0.55	0.48	0.34	0.43
EV/EBITDA	- -	- -	- -	- -	- -	8.44	8.29	22.3	10.96	8.91	11.31	14.56	9.41	9.74	18.54
Price/Earnings	- -	- -	- -	- -	- -	16.06	11.31	- -	14.77	12.38	17.14	28.56	12.24	12.05	57.65
Price/Earnings Average	- -	- -	- -	- -	- -	18.14	11.97	- -	12.21	11.84	13.76	30.46	11.53	17.34	49.18
Price/Earnings High	- -	- -	- -	- -	- -	21.38	13	- -	14.93	13.92	17.44	34.18	14.52	22.82	61.01
Price/Earnings Low	- -	- -	- -	- -	- -	14.48	10.39	- -	10.28	9.8	11.07	26.32	10.1	11.9	31.79
Price/Book Value	- -	- -	- -	- -	- -	2.29	1.97	1.43	1.54	1.28	1.83	1.71	1.34	0.74	1.36
Price/Book Value Average	- -	- -	- -	- -	- -	2.59	2.09	1.58	1.27	1.23	1.47	1.82	1.26	1.06	1.16
Price/Book Value High	- -	- -	- -	- -	- -	3.05	2.27	1.89	1.55	1.44	1.86	2.04	1.59	1.39	1.44
Price/Book Value Low	- -	- -	- -	- -	- -	2.07	1.81	1.36	1.07	1.01	1.18	1.57	1.1	0.73	0.75
Price/Tangible Book Value	- -	- -	- -	- -	- -	-5.66	-5.17	-1.46	-2	-2.15	-4.16	-3.87	-2.32	-1.29	-2.86
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	-6.39	-5.47	-1.61	-1.65	-2.06	-3.34	-4.13	-2.19	-1.86	-2.44
Price/Tangible Book Value High	- -	- -	- -	- -	- -	-7.53	-5.95	-1.93	-2.02	-2.42	-4.23	-4.64	-2.76	-2.45	-3.02
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	-5.1	-4.75	-1.39	-1.39	-1.7	-2.68	-3.57	-1.92	-1.28	-1.58
Price/Sales	- -	- -	- -	- -	- -	0.48	0.41	0.34	0.38	0.33	0.47	0.38	0.29	0.15	0.25
Price/Sales Average	- -	- -	- -	- -	- -	0.54	0.43	0.38	0.32	0.32	0.38	0.41	0.27	0.21	0.22
Price/Sales High	- -	- -	- -	- -	- -	0.64	0.47	0.46	0.39	0.37	0.48	0.46	0.34	0.28	0.27
Price/Sales Low	- -	- -	- -	- -	- -	0.43	0.37	0.33	0.27	0.26	0.3	0.35	0.24	0.15	0.14
Price/Cash Flow	- -	- -	- -	- -	- -	8.42	9.35	7.56	7.63	5.6	7.51	7.61	7.6	6.11	9.58
Price/Cash Flow Average	- -	- -	- -	- -	- -	9.51	9.9	8.35	6.31	5.36	6.03	8.12	7.17	8.79	8.17
Price/Cash Flow High	- -	- -	- -	- -	- -	11.21	10.75	10.01	7.71	6.3	7.64	9.11	9.02	11.56	10.14
Price/Cash Flow Low	- -	- -	- -	- -	- -	7.59	8.59	7.21	5.31	4.44	4.85	7.02	6.28	6.03	5.28
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	12.25	13.07	10.84	7.82	6.36	7.05	9.85	9.29	12.68	11.17
Price/Free Cash Flow High	- -	- -	- -	- -	- -	14.44	14.19	13	9.56	7.47	8.93	11.05	11.7	16.68	13.86
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	9.78	11.34	9.36	6.59	5.26	5.67	8.51	8.14	8.7	7.22
EV/Sales Average	- -	- -	- -	- -	- -	0.67	0.56	0.82	0.63	0.59	0.6	0.58	0.46	0.41	0.39
EV/Sales High	- -	- -	- -	- -	- -	0.77	0.6	0.91	0.7	0.65	0.7	0.62	0.53	0.48	0.44
EV/Sales Low	- -	- -	- -	- -	- -	0.56	0.51	0.75	0.58	0.54	0.52	0.52	0.43	0.34	0.31
EV/EBITDA Average	- -	- -	- -	- -	- -	9.29	8.65	23.59	9.92	8.7	9.79	15.23	9.09	11.61	16.92
EV/EBITDA High	- -	- -	- -	- -	- -	10.61	9.22	26.3	11.03	9.51	11.44	16.53	10.47	13.53	19.18
EV/EBITDA Low	- -	- -	- -	- -	- -	7.79	7.79	21.73	9.14	7.9	8.57	13.78	8.42	9.69	13.59
EV/EBIT Average	- -	- -	- -	- -	- -	11.5	10.9	39.54	13.54	11.47	13.08	23.31	11.97	17.87	33.64
EV/EBIT High	- -	- -	- -	- -	- -	13.14	11.61	44.08	15.05	12.54	15.3	25.31	13.79	20.84	38.14
EV/EBIT Low	- -	- -	- -	- -	- -	9.65	9.81	36.42	12.47	10.42	11.46	21.09	11.1	14.92	27.02
Last Price	- -	- -	- -	- -	- -	7.9	7.29	6.37	7.48	6.74	10.32	9.32	7.89	4.39	7.99
High Price	- -	- -	- -	- -	- -	10.52	8.38	8.44	7.56	7.58	10.5	11.15	9.36	8.3	8.45
Enterprise Value Average	- -	- -	- -	- -	- -	119,465	103,980	158,983	162,332	159,590	174,148	185,432	164,568	152,179	156,742
Enterprise Value High	- -	- -	- -	- -	- -	136,464	110,777	177,239	180,394	174,509	203,624	201,320	189,525	177,476	177,721
Enterprise Value Low	- -	- -	- -	- -	- -	100,190	93,583	146,443	149,525	144,917	152,558	167,758	152,550	127,058	125,901

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	13,076	12,401	11,887	11,484	11,091	10,688	10,215	13,045	13,116	13,197	13,317	13,096	12,975	12,693	12,804
Diluted Weighted Avg Shares	13,569	12,894	12,350	11,776	11,343	10,870	10,315	10,517	13,146	13,237	13,388	13,328	12,995	12,713	12,804
Basic Weighted Avg Shares	13,479	12,804	12,260	11,696	11,262	10,809	10,275	10,517	13,106	13,187	13,287	13,217	12,945	12,683	12,763
Revenue per Share	7.94	9.62	10.34	11.92	13.61	16.43	17.98	18.5	19.59	20.38	21.98	24.4	27.64	29.39	31.5
EBITDA per Share	0.59	0.7	0.81	0.92	1.03	1.19	1.17	0.64	1.25	1.39	1.34	0.92	1.4	1.03	0.73
Operating Income per Share	0.47	0.56	0.66	0.75	0.84	0.96	0.95	0.97	0.93	1.05	1.14	1.23	1.13	0.76	0.81
Basic EPS, GAAP	0.26	0.3	0.37	0.4	0.46	0.49	0.64	-0.06	0.51	0.54	0.6	0.33	0.64	0.36	0.14
Basic EPS from Cont Ops	0.26	0.3	0.38	0.4	0.46	0.49	0.65	-0.06	0.51	0.55	0.6	0.33	0.65	0.36	0.14
Diluted EPS, GAAP	0.26	0.3	0.37	0.39	0.46	0.49	0.64	-0.06	0.5	0.54	0.6	0.32	0.64	0.36	0.14
Diluted EPS from Cont Ops	0.26	0.3	0.37	0.39	0.46	0.49	0.64	-0.06	0.5	0.54	0.6	0.32	0.64	0.36	0.13
Dividend per Share	0.05	0.06	0.09	0.11	0.14	0.17	0.2	0.19	0.2	0.2	0.2	0.22	0.24	0.27	0.27
Cash Flow per Share	0.43	0.52	0.47	0.7	0.76	0.94	0.78	0.84	0.98	1.2	1.37	1.22	1.04	0.72	0.83
Free Cash Flow per Basic Share	0.3	0.36	0.31	0.51	0.55	0.73	0.59	0.65	0.79	1.02	1.18	1.02	0.8	0.5	0.61
Cash & Equivalents per Share	0.11	0.11	0.35	0.22	0.23	0.32	0.18	0.5	0.61	0.82	0.94	1.2	0.88	0.87	0.83
Book Value per Share	2.91	3.04	3.19	3.31	3.35	3.45	3.69	4.46	4.87	5.26	5.64	5.46	5.89	5.95	5.87
Tangible Book Value per Share	0.13	0.12	0.16	- -	-1.33	-1.4	-1.41	-4.37	-3.74	-3.13	-2.48	-2.4	-3.39	-3.39	-2.79