Danaher Corporation Financial Ratios — DHER34 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 (%)	14.19	13.32	13.02	11.36	14.27	10.94	10.1	9.72	10.34	10.77	15.99	15.73	9.31	7.57	7.08
Return on Assets (%)	8.33	7.61	7.97	7.25	7.88	5.46	5.42	5.61	5.47	5.27	8.07	8.61	5.64	4.81	4.49
Return on Capital (%)	11.75	10.76	11.12	10.11	10.94	7.52	7.23	7.38	6.8	6.74	10.16	10.62	6.96	5.92	5.53
Return on Invested Capital (%)	10.61	10.31	9.36	6.01	5.76	6.23	6.04	6.59	5.27	5.95	8.12	9.52	6.02	5.8	5.71
Gross Margin (%)	50.82	51.56	51.1	53.23	53.84	55.29	55.23	55.75	55.74	55.98	61.44	60.76	58.74	59.5	59.11
EBITDA Margin (%)	20.21	21.93	21.72	21.47	21.08	22.88	23.77	24.83	24.89	26.95	34.03	36.29	30.84	30.22	29.05
Operating Margin (%)	15.85	16.95	17.07	15.89	14.98	16.2	16.58	17.92	18.25	18.99	25.75	28.29	21.77	20.37	19.09
Incremental Operating Margin (%)	14.79	25.11	111.45	19.86	7.48	23.4	11.95	31.54	24.83	22	85.62	62.41	84.78	2,260	- -
Pretax Margin (%)	15.21	16.49	18.69	16.21	14.13	15.47	16.39	17.37	18.45	20.17	26.25	26.82	21.11	19.46	17.23
Profit Margin (%)	13.5	13.1	14.74	20.19	23.26	15.13	16.06	15.55	16.79	16.36	25.94	27.06	19.94	16.33	14.71
Net Income to Common Margin (%)	13.5	13.1	14.74	20.19	23.26	15.13	16.06	15.55	16.41	15.75	25.28	26.66	19.85	16.33	14.71
Effective Tax Rate (%)	20.94	23.63	24.17	21.45	14.35	17.54	14.59	18.77	26.41	18.89	16.34	11.45	16.32	16.08	14.95
Dvd Payout Ratio (%)	3.17	3.76	2.01	13.9	20.27	41.1	17.42	18	28.89	13.65	10.94	11.44	29.21	19.7	24.39
Sustainable Growth Rate (%)	13.74	12.82	12.76	9.78	11.37	6.44	8.34	7.97	7.35	9.3	14.24	13.93	6.59	6.08	5.35

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	5,305	5,343	3,499	3,473	12,870	12,269	10,522	9,740	22,526	22,178	23,272	20,616	19,536	17,146	19,696
ST Debt	98	56	62	72	845	2,595	195	52	370	200	215	758	1,875	678	201
LT Debt	5,207	5,288	3,437	3,402	12,025	9,674	10,327	9,689	22,156	21,978	23,057	19,858	17,661	16,468	19,495
Total Debt/EBITDA	1.63	1.33	0.88	1.26	4.23	3.18	2.85	2.3	5.05	3.69	2.76	2.13	2.65	2.38	2.76
Net Debt/EBITDA	1.47	0.91	0.1	0.17	3.97	2.93	2.68	2.11	0.41	2.53	2.32	1.42	1.7	1.93	1.93
Total Debt/EBIT	2.03	1.69	1.12	1.7	5.95	4.49	4.09	3.19	6.89	5.24	3.65	2.74	3.76	3.53	4.2
Net Debt/EBIT	1.82	1.16	0.12	0.23	5.59	4.13	3.85	2.93	0.56	3.59	3.07	1.82	2.41	2.86	2.94
EBITDA to Interest Expense	22.97	25.43	28.12	29.18	21.77	20.95	26.33	30.9	41.28	21.84	36.53	47.39	25.76	25.95	26.93
EBITDA-CapEx/Interest Expense	20.61	22.52	24.31	24.26	18.1	17.75	22.26	26.64	35.39	18.96	31.16	41.91	20.93	20.95	22.57
EBIT to Interest Expense	18.01	19.65	22.1	21.59	15.47	14.83	18.36	22.3	30.27	15.39	27.65	36.94	18.19	17.49	17.7
Interest Expense	142	158	141	95	140	184	140	137	108	275	231	204	286	278	265
Common Equity/Total Assets	56.44	57.73	64.56	63.2	49.13	50.78	56.5	58.99	46.18	47.92	50.37	57.4	63.31	63.89	62.94
Long-Term Debt/Equity (%)	30.68	27.71	15.31	14.51	50.6	41.92	39.17	34.32	73.17	55.25	51.04	39.64	33.02	33.24	37.1
Long-Term Debt/Capital (%)	23.37	21.65	13.24	12.63	32.82	27.37	28	25.52	41.96	35.47	33.68	28.09	24.18	24.69	26.99
Long-Term Debt/Total Assets (%)	17.39	16.05	9.91	9.2	24.94	21.36	22.14	20.26	35.69	28.86	27.72	23.54	20.9	21.24	23.36
Total Debt/Equity (%)	31.26	28	15.58	14.81	54.16	53.17	39.91	34.51	74.39	55.76	51.51	41.16	36.52	34.6	37.49
Total Debt/Capital (%)	23.81	21.87	13.48	12.9	35.13	34.71	28.52	25.65	42.66	35.8	34	29.16	26.75	25.71	27.27
Total Debt/Total Assets (%)	17.71	16.22	10.09	9.39	26.69	27.09	22.56	20.36	36.28	29.12	27.98	24.44	23.12	22.11	23.6
Net Debt to Equity	28.09	19.2	1.71	1.99	50.83	48.99	37.51	31.72	6	38.14	43.36	27.31	23.44	28.11	26.27
Net Debt/Capital (%)	21.93	16.11	1.68	1.96	33.7	32.88	27.28	24.08	5.52	27.13	29.74	21.14	18.67	21.55	20.41
EBITDA	3,252	4,005	3,971	2,763	3,043	3,863	3,689	4,233	4,458	6,006	8,439	9,668	7,368	7,215	7,137
EBITDA-CapEx	2,918	3,547	3,433	2,298	2,530	3,274	3,119	3,649	3,822	5,215	7,199	8,550	5,985	5,823	5,981
Operating Income (Loss)	2,550	3,095	3,121	2,045	2,162	2,735	2,572	3,055	3,269	4,231	6,387	7,536	5,202	4,863	4,690

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	0.13	0.4	0.69	0.56	0.13	0.14	0.13	0.16	4.04	0.82	0.32	0.71	0.71	0.31	0.68
Current Ratio	1.5	1.8	2.01	1.75	1.27	0.97	1.43	1.47	5.19	1.86	1.43	1.89	1.68	1.4	1.87
Quick Ratio	0.86	1.18	1.45	1.2	0.61	0.6	0.87	0.79	4.68	1.36	0.89	1.2	1.18	0.83	1.25
CFO/Avg Current Liab	0.7	0.82	0.82	0.76	0.66	0.54	0.6	0.83	0.81	1.01	1.08	1.03	0.86	0.89	0.94
Common Equity/Total Assets	56.44	57.73	64.56	63.2	49.13	50.78	56.5	58.99	46.18	47.92	50.37	57.4	63.31	63.89	62.94
Long-Term Debt/Equity (%)	30.68	27.71	15.31	14.51	50.6	41.92	39.17	34.32	73.17	55.25	51.04	39.64	33.02	33.24	37.1
Long-Term Debt/Capital (%)	23.37	21.65	13.24	12.63	32.82	27.37	28	25.52	41.96	35.47	33.68	28.09	24.18	24.69	26.99
Long-Term Debt/Total Assets (%)	17.39	16.05	9.91	9.2	24.94	21.36	22.14	20.26	35.69	28.86	27.72	23.54	20.9	21.24	23.36
Total Debt/Equity (%)	31.26	28	15.58	14.81	54.16	53.17	39.91	34.51	74.39	55.76	51.51	41.16	36.52	34.6	37.49
Total Debt/Capital (%)	23.81	21.87	13.48	12.9	35.13	34.71	28.52	25.65	42.66	35.8	34	29.16	26.75	25.71	27.27
Total Debt/Total Assets (%)	17.71	16.22	10.09	9.39	26.69	27.09	22.56	20.36	36.28	29.12	27.98	24.44	23.12	22.11	23.6
CFO/Total Liabilities	20.24	24.64	29.34	27.75	15.54	15.85	17.15	20.51	12.43	17.06	21.99	24.87	23.11	23.89	20.75
CFO/CapEx	7.85	7.45	6.66	8.08	7.41	5.97	6.09	6.89	6.21	7.85	6.74	7.62	5.18	4.8	5.55
Altman's Z-Score	- -	- -	- -	- -	4.79	7.16	7.88	6.53	4.99	6.83	8.75	7.67	8.17	9.26	8.22

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	6.11	5.78	5.44	3.73	4.49	5.47	4.63	5.2	5.76	6.16	5.72	6.1	5.95	6.4	6.6
Days Sales Outstanding	59.76	63.14	67.07	97.83	81.31	66.71	78.88	70.13	63.39	59.26	63.84	59.82	61.3	57.02	55.34
Inventory Turnover	5.26	4.92	4.97	3.37	3.97	4.6	3.91	4.35	4.86	5	3.78	3.78	3.68	3.93	4.17
Days Inventory Outstanding	69.33	74.16	73.42	108.16	91.92	79.37	93.26	84	75.04	72.93	96.55	96.57	99.23	92.94	87.55
Accounts Payable Turnover	6.42	5.98	5.36	3.34	4.01	5.34	4.73	4.88	5.26	5.88	4.35	4.72	5.35	5.35	5.67
Accounts Payable Turnover Days	56.84	61.03	68.09	109.29	90.98	68.33	77.21	74.78	69.34	62.11	83.96	77.26	68.25	68.28	64.33
Cash Conversion Cycle	72.25	76.27	72.4	96.7	82.26	77.75	94.93	79.35	69.09	70.09	76.43	79.13	92.28	81.67	78.56
Inventory to Cash Days	-9.57	-11.03	-6.35	-10.33	-10.61	-12.66	-14.37	-13.87	-11.65	-13.67	-32.71	-36.75	-37.93	-35.92	-32.21
Inventories	1,781	1,813	1,784	1,783	1,573	1,709	1,841	1,631	1,628	2,292	2,767	2,765	2,594	2,330	2,489
Raw Materials	588	622	611	613	476	526	549	487	510	691	951	984	853	720	733
Work In Process	262	291	287	266	243	299	310	280	285	369	473	422	459	465	469
Finished Goods	931	900	886	904	855	884	983	864	833	1,232	1,343	1,359	1,282	1,145	1,287
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

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	- -	- -	- -	- -	65,631	55,333	65,932	71,481	108,174	158,853	236,784	195,920	176,261	166,707	165,303
- Cash & Cash Equivalents	537	1,679	3,115	3,006	791	964	630	788	19,912	6,035	2,586	5,995	5,864	2,078	4,615
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	1,600	3,268	3,268	1,668	- -	- -	- -
+ Minority/Non Controlling Interest	67	67	66	72	74	74	10	12	11	11	10	8	4	7	7
+ Total Debt	5,305	5,343	3,499	3,473	12,870	12,269	10,522	9,740	22,526	22,178	23,272	20,616	19,536	17,146	19,696
Enterprise Value	- -	- -	- -	- -	77,784	66,713	75,834	80,446	112,399	178,275	260,748	212,217	189,937	181,782	180,391
Total Capital	22,277	24,427	25,950	26,923	36,634	35,346	36,890	37,967	52,808	61,955	68,449	70,706	73,026	66,696	72,237
Total Debt/Capital (%)	23.81	21.87	13.48	12.9	35.13	34.71	28.52	25.65	42.66	35.8	34	29.16	26.75	25.71	27.27
Total Debt / EV	- -	- -	- -	- -	0.17	0.18	0.14	0.12	0.2	0.12	0.09	0.1	0.1	0.09	0.11
EV/Sales	- -	- -	- -	- -	5.39	3.95	4.89	4.72	6.28	8	10.51	7.97	7.95	7.61	7.34
EV/EBITDA	- -	- -	- -	- -	25.56	17.27	20.56	19	25.21	29.68	30.9	21.95	25.78	25.19	25.28
EV/EBIT	- -	- -	- -	- -	35.97	24.39	29.48	26.33	34.38	42.14	40.89	28.16	36.51	37.38	38.46
EV/Cash Flow to Firm	- -	- -	- -	- -	19.84	18.16	21.08	19.46	27.88	27.72	30.49	24.39	25.66	26.26	27.16
EV/Free Cash Flow to Firm	- -	- -	- -	- -	22.82	21.63	25.05	22.67	33.1	31.61	35.66	27.99	31.55	32.88	32.89
Diluted Market Cap	- -	- -	- -	- -	67,704	55,941	66,831	72,368	112,840	160,573	244,004	198,288	177,191	170,903	167,454
Diluted Enterprise Value	- -	- -	- -	- -	79,858	67,320	76,733	81,333	117,065	179,995	267,968	214,585	190,867	185,978	182,542
EV per Share	- -	- -	- -	- -	4	3.41	3.85	4.05	5.71	8.86	12.88	10.29	9.08	8.93	9.02
TTM Sales	16,091	18,260	18,283	12,867	14,434	16,882	15,519	17,049	17,911	22,284	24,802	26,643	23,890	23,875	24,568
TTM EBITDA	3,252	4,005	3,971	2,763	3,043	3,863	3,689	4,233	4,458	6,006	8,439	9,668	7,368	7,215	7,137
TTM Operating Income	2,550	3,095	3,121	2,045	2,162	2,735	2,572	3,055	3,269	4,231	6,387	7,536	5,202	4,863	4,690
TTM Cash Flow to Firm	2,738	3,535	3,692	3,833	3,922	3,674	3,597	4,133	4,031	6,431	8,551	8,700	7,403	6,921	6,641
TTM Free Cash Flow to Firm	2,404	3,077	3,154	3,367	3,409	3,084	3,027	3,549	3,395	5,640	7,311	7,582	6,020	5,529	5,485

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	- -	- -	- -	- -	20.59	19.08	22.99	21.05	34.03	29.64	34.28	26.79	30.65	32.27	31.84
EV/EBIT	- -	- -	- -	- -	35.97	24.39	29.48	26.33	34.38	42.14	40.89	28.16	36.51	37.38	38.46
Enterprise Value	- -	- -	- -	- -	77,784	66,713	75,834	80,446	112,399	178,275	260,748	212,217	189,937	181,782	180,391
Low Price	- -	- -	- -	- -	2.92	2.73	2.82	3.32	3.62	4.33	7.49	8.36	6.46	7.97	6.09
EV/Sales	- -	- -	- -	- -	5.39	3.95	4.89	4.72	6.28	8	10.51	7.97	7.95	7.61	7.34
EV/EBITDA	- -	- -	- -	- -	25.56	17.27	20.56	19	25.21	29.68	30.9	21.95	25.78	25.19	25.28
Price/Earnings	- -	- -	- -	- -	19.87	21.64	26.43	26.93	37.83	44.95	37.75	27.46	37.03	43.46	46.11
Price/Earnings Average	- -	- -	- -	- -	19.01	23.75	24.37	27.14	33.1	37.99	32.17	27.87	37.7	47.83	41.49
Price/Earnings High	- -	- -	- -	- -	20.54	27.56	26.89	29.73	37.83	50.8	38.81	32.72	43.97	55.04	50.86
Price/Earnings Low	- -	- -	- -	- -	17.21	20.92	22.31	24.85	24.95	24.66	24.15	24.15	28.4	42.32	34.01
Price/Book Value	- -	- -	- -	- -	2.77	2.41	2.5	2.53	3.77	4.35	5.65	4.05	3.3	3.36	3.15
Price/Book Value Average	- -	- -	- -	- -	2.65	2.64	2.31	2.55	3.3	3.68	4.82	4.11	3.36	3.7	2.83
Price/Book Value High	- -	- -	- -	- -	2.86	3.06	2.55	2.8	3.77	4.92	5.81	4.82	3.91	4.26	3.47
Price/Book Value Low	- -	- -	- -	- -	2.4	2.33	2.11	2.34	2.49	2.39	3.62	3.56	2.53	3.28	2.32
Price/Tangible Book Value	- -	- -	- -	- -	-8.34	-4.38	-6.31	-15.38	-28.53	-7.86	-10.7	-22.56	-19.88	-17.51	-19.6
Price/Tangible Book Value Average	- -	- -	- -	- -	-7.98	-4.8	-5.82	-15.49	-24.96	-6.64	-9.12	-22.9	-20.24	-19.27	-17.63
Price/Tangible Book Value High	- -	- -	- -	- -	-8.62	-5.58	-6.42	-16.98	-28.53	-8.89	-11	-26.88	-23.61	-22.17	-21.62
Price/Tangible Book Value Low	- -	- -	- -	- -	-7.22	-4.23	-5.33	-14.19	-18.81	-4.31	-6.85	-19.85	-15.25	-17.05	-14.46
Price/Sales	- -	- -	- -	- -	4.62	3.27	4.24	4.19	6.21	7.08	9.54	7.32	7.35	7.1	6.78
Price/Sales Average	- -	- -	- -	- -	4.42	3.59	3.91	4.22	5.43	5.98	8.13	7.43	7.49	7.81	6.1
Price/Sales High	- -	- -	- -	- -	4.78	4.17	4.32	4.62	6.21	8	9.81	8.72	8.73	8.99	7.48
Price/Sales Low	- -	- -	- -	- -	4	3.16	3.58	3.86	4.09	3.88	6.1	6.44	5.64	6.91	5
Price/Cash Flow	- -	- -	- -	- -	17.55	15.69	18.94	17.75	28.14	25.42	28.31	22.9	24.51	25.34	25.98
Price/Cash Flow Average	- -	- -	- -	- -	16.79	17.22	17.46	17.89	24.62	21.48	24.13	23.24	24.96	27.89	23.37
Price/Cash Flow High	- -	- -	- -	- -	18.14	19.99	19.27	19.6	28.14	28.72	29.11	27.28	29.11	32.09	28.65
Price/Cash Flow Low	- -	- -	- -	- -	15.2	15.17	15.99	16.38	18.56	13.94	18.11	20.14	18.8	24.67	19.16
Price/Free Cash Flow Average	- -	- -	- -	- -	19.69	20.94	21.2	21.21	29.77	25.05	29.21	27.19	31.21	35.51	28.64
Price/Free Cash Flow High	- -	- -	- -	- -	21.28	24.31	23.39	23.24	34.03	33.5	35.24	31.92	36.4	40.87	35.11
Price/Free Cash Flow Low	- -	- -	- -	- -	17.83	18.45	19.41	19.42	22.44	16.26	21.93	23.56	23.51	31.42	23.48
EV/Sales Average	- -	- -	- -	- -	5.19	4.27	4.56	4.75	5.52	6.9	9.1	8.08	8.09	8.32	6.67
EV/Sales High	- -	- -	- -	- -	5.54	4.85	4.96	5.16	6.28	8.93	10.78	9.37	9.33	9.47	8.03
EV/Sales Low	- -	- -	- -	- -	4.78	3.84	4.23	4.39	4.22	4.78	7.07	7.08	6.23	7.43	5.58
EV/EBITDA Average	- -	- -	- -	- -	24.63	18.67	19.16	19.13	22.18	25.58	26.75	22.25	26.22	27.52	22.95
EV/EBITDA High	- -	- -	- -	- -	26.29	21.19	20.87	20.76	25.21	33.12	31.69	25.83	30.27	31.35	27.66
EV/EBITDA Low	- -	- -	- -	- -	22.67	16.8	17.77	17.7	16.95	17.74	20.79	19.51	20.21	24.59	19.2
EV/EBIT Average	- -	- -	- -	- -	34.66	26.36	27.49	26.51	30.25	36.32	35.4	28.55	37.13	40.83	34.93
EV/EBIT High	- -	- -	- -	- -	36.99	29.93	29.93	28.77	34.38	47.02	41.93	33.13	42.87	46.51	42.09
EV/EBIT Low	- -	- -	- -	- -	31.91	23.72	25.49	24.53	23.12	25.19	27.51	25.03	28.62	36.48	29.21
Last Price	- -	- -	- -	- -	3.38	2.82	3.34	3.6	5.5	7.89	11.7	9.5	8.42	8.19	8.26
High Price	- -	- -	- -	- -	3.49	3.6	3.4	3.98	5.5	8.92	12.03	11.32	10.01	10.37	9.11
Enterprise Value Average	- -	- -	- -	- -	74,943	72,110	70,701	80,992	98,874	153,663	225,758	215,150	193,152	198,534	163,820
Enterprise Value High	- -	- -	- -	- -	79,989	81,873	76,994	87,888	112,399	198,942	267,409	249,704	223,013	226,192	197,392
Enterprise Value Low	- -	- -	- -	- -	68,999	64,888	65,574	74,924	75,563	106,562	175,443	188,616	148,887	177,387	137,003

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	19,465	19,459	19,759	19,934	19,439	19,592	19,717	19,855	19,685	20,124	20,237	20,614	20,922	20,353	20,008
Diluted Weighted Avg Shares	19,846	20,184	20,124	20,268	20,053	19,807	19,985	20,101	20,534	20,342	20,854	20,863	21,033	20,866	20,268
Basic Weighted Avg Shares	19,138	19,626	19,700	19,875	19,759	19,564	19,694	19,830	20,237	19,988	20,226	20,523	20,846	20,690	20,172
Revenue per Share	0.84	0.93	0.93	0.65	0.73	0.86	0.79	0.86	0.89	1.11	1.23	1.3	1.15	1.15	1.22
EBITDA per Share	0.17	0.2	0.2	0.14	0.15	0.2	0.19	0.21	0.22	0.3	0.42	0.47	0.35	0.35	0.35
Operating Income per Share	0.13	0.16	0.16	0.1	0.11	0.14	0.13	0.15	0.16	0.21	0.32	0.37	0.25	0.24	0.23
Basic EPS, GAAP	0.11	0.12	0.14	0.13	0.17	0.13	0.13	0.13	0.15	0.18	0.31	0.35	0.23	0.19	0.18
Basic EPS from Cont Ops	0.1	0.12	0.13	0.08	0.09	0.11	0.11	0.12	0.12	0.18	0.27	0.31	0.2	0.19	0.18
Diluted EPS, GAAP	0.11	0.12	0.13	0.13	0.17	0.13	0.12	0.13	0.14	0.17	0.3	0.34	0.23	0.19	0.18
Diluted EPS from Cont Ops	0.1	0.11	0.13	0.08	0.09	0.11	0.11	0.12	0.12	0.18	0.26	0.3	0.2	0.19	0.18
Dividend per Share	- -	- -	- -	0.01	0.02	0.05	0.02	0.02	0.04	0.03	0.04	0.04	0.06	0.04	0.04
Cash Flow per Share	0.14	0.17	0.18	0.19	0.19	0.18	0.18	0.2	0.2	0.31	0.41	0.42	0.34	0.32	0.32
Free Cash Flow per Basic Share	0.12	0.15	0.15	0.17	0.17	0.15	0.15	0.17	0.16	0.27	0.35	0.36	0.28	0.26	0.26
Cash & Equivalents per Share	0.03	0.09	0.16	0.15	0.04	0.05	0.03	0.04	1.01	0.3	0.13	0.29	0.28	0.1	0.23
Book Value per Share	0.87	0.98	1.13	1.17	1.22	1.17	1.34	1.42	1.46	1.81	2.07	2.35	2.56	2.43	2.63
Tangible Book Value per Share	-0.18	-0.14	0.01	0.03	-0.4	-0.65	-0.53	-0.23	-0.19	-1	-1.09	-0.42	-0.42	-0.47	-0.42