Texas Instruments Incorporated Financial Ratios — TEXA34

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 (%)	20.91	16.05	19.86	26.62	29.37	35.21	35.39	57.73	56.05	61.84	69	62.69	41.37	28.4	30.15
Return on Assets (%)	13.19	8.68	11.1	15.54	17.77	22.01	21.61	32.09	28.54	29.94	35.29	33.73	21.86	14.14	14.27
Return on Capital (%)	16.81	11.06	13.72	18.65	20.97	25.96	26.17	39.92	35.59	36.99	42.08	39.92	26.52	17.9	18.01
Return on Invested Capital (%)	16.62	10.69	13.52	18.46	20.94	25.02	25.69	39.07	34.39	34.95	41.16	39.25	24.86	16.33	17.29
Gross Margin (%)	49.3	49.65	52.14	56.93	58.27	61.76	64.26	65.11	63.71	64.1	67.47	68.76	62.9	58.14	57.02
EBITDA Margin (%)	29.85	26.31	33.83	39.69	41.96	43.46	46.7	48.57	47.09	47.62	54.04	55.52	48.91	45.04	45.37
Operating Margin (%)	24.89	20.95	24.45	32.4	35.23	38.59	42.86	44.56	41.54	42.29	49.91	51.91	41.85	34.15	34.72
Incremental Operating Margin (%)	425.97	80.44	- -	147.86	- -	156.49	78.76	75.58	75.59	180.77	78.29	73.69	122.2	105.96	39.15
Pretax Margin (%)	21.51	15.09	22.56	29.7	32.43	36.87	40.64	42.36	39.82	41.61	48.62	50.09	42.34	34.86	32.29
Profit Margin (%)	16.28	13.72	17.71	21.63	22.97	26.89	24.61	35.35	34.88	38.69	42.35	43.68	37.16	30.68	28.28
Net Income to Common Margin (%)	16.28	13.72	17.71	21.63	22.97	26.89	24.61	35.35	34.88	38.69	42.35	43.68	37.16	30.68	28.28
Effective Tax Rate (%)	24.33	9.1	21.5	27.18	29.17	27.08	39.44	16.54	12.41	7.01	12.89	12.79	12.24	11.99	12.42
Dvd Payout Ratio (%)	28.8	46.56	54.35	46.9	48.36	45.79	57.14	45.79	59.96	61.23	50.02	49.11	70	99.92	99.96
Sustainable Growth Rate (%)	14.89	8.58	9.07	14.13	15.17	19.09	15.17	31.3	22.45	23.97	34.48	31.9	12.41	0.02	0.01

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	5,592	5,686	5,158	4,631	4,120	3,609	4,077	5,068	6,062	7,047	8,124	8,735	11,223	13,596	14,048
ST Debt	1,381	1,500	1,000	1,001	1,000	631	500	749	500	550	500	500	599	750	500
LT Debt	4,211	4,186	4,158	3,630	3,120	2,978	3,577	4,319	5,562	6,497	7,624	8,235	10,624	12,846	13,548
Total Debt/EBITDA	1.36	1.69	1.25	0.89	0.76	0.62	0.58	0.66	0.9	1.02	0.82	0.79	1.31	1.93	1.75
Net Debt/EBITDA	1.12	1.27	0.86	0.66	0.57	0.42	0.35	0.34	0.5	0.54	0.31	0.51	0.96	1.48	1.35
Total Debt/EBIT	1.87	2.88	1.82	1.17	0.95	0.74	0.67	0.75	1.06	1.2	0.91	0.86	1.53	2.49	2.33
Net Debt/EBIT	1.54	2.16	1.25	0.87	0.72	0.51	0.4	0.39	0.59	0.63	0.35	0.56	1.13	1.9	1.8
EBITDA to Interest Expense	97.62	39.69	43.46	55.07	60.61	72.63	89.58	61.34	39.84	36.24	53.88	51.96	24.27	13.87	14.77
EBITDA-CapEx/Interest Expense	78.19	33.87	43.46	55.07	60.61	72.63	89.58	61.34	39.84	36.24	53.88	51.96	24.27	13.87	14.77
EBIT to Interest Expense	81.4	31.61	31.41	44.96	50.89	64.49	82.21	56.27	35.15	32.19	49.76	48.58	20.77	10.51	11.31
Interest Expense	42	85	95	94	90	80	78	125	170	190	184	214	353	508	543
Common Equity/Total Assets	53.43	54.75	57.07	59.81	61.28	63.74	58.59	52.48	49.43	47.48	54.03	53.58	52.24	47.6	47.05
Long-Term Debt/Equity (%)	38.45	38.19	38.48	34.94	31.37	28.44	34.6	48.02	62.45	70.72	57.18	56.49	62.88	76	83.25
Long-Term Debt/Capital (%)	25.45	25.15	26.04	24.17	22.18	21.15	24.82	30.71	37.16	40.02	35.53	35.33	37.78	42.12	44.68
Long-Term Debt/Total Assets (%)	20.54	20.91	21.96	20.9	19.22	18.12	20.28	25.2	30.87	33.57	30.9	30.27	32.84	36.18	39.17
Total Debt/Equity (%)	51.06	51.87	47.73	44.57	41.42	34.46	39.44	56.35	68.06	76.71	60.93	59.92	66.42	80.44	86.33
Total Debt/Capital (%)	33.8	34.16	32.31	30.83	29.29	25.63	28.29	36.04	40.5	43.41	37.86	37.47	39.91	44.58	46.33
Total Debt/Total Assets (%)	27.28	28.4	27.24	26.66	25.39	21.96	23.11	29.57	33.64	36.42	32.92	32.11	34.69	38.29	40.62
Net Debt to Equity	42	38.96	32.67	33.03	31.37	23.44	23.42	29.24	37.79	40.18	23.33	39	48.88	61.5	66.51
Net Debt/Capital (%)	29.58	28.03	24.63	24.83	23.88	18.99	18.98	22.63	26.86	28.12	18.48	28.06	32.83	38.08	39.94
EBITDA	4,100	3,374	4,129	5,177	5,455	5,810	6,987	7,667	6,773	6,886	9,914	11,119	8,569	7,045	8,022
EBITDA-CapEx	3,284	2,879	4,129	5,177	5,455	5,810	6,987	7,667	6,773	6,886	9,914	11,119	8,569	7,045	8,022
Operating Income (Loss)	3,419	2,687	2,984	4,226	4,580	5,159	6,412	7,034	5,975	6,116	9,156	10,397	7,331	5,341	6,140

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	0.84	1.16	1.39	1.33	1.26	1.54	1.98	1.71	2.54	2.75	3.79	3.04	2.58	2.08	1.55
Current Ratio	2.24	2.4	2.92	2.79	2.77	3.29	3.87	3.27	4.13	4.28	5.33	4.7	4.55	4.12	4.35
Quick Ratio	1.28	1.51	1.83	1.8	1.72	2.1	2.55	2.2	3.04	3.34	4.45	3.67	3.12	2.55	2.17
CFO/Avg Current Liab	1.19	0.99	1.1	1.5	1.69	1.91	2.37	3.04	2.89	2.72	3.53	3.14	2.04	1.81	2.1
Common Equity/Total Assets	53.43	54.75	57.07	59.81	61.28	63.74	58.59	52.48	49.43	47.48	54.03	53.58	52.24	47.6	47.05
Long-Term Debt/Equity (%)	38.45	38.19	38.48	34.94	31.37	28.44	34.6	48.02	62.45	70.72	57.18	56.49	62.88	76	83.25
Long-Term Debt/Capital (%)	25.45	25.15	26.04	24.17	22.18	21.15	24.82	30.71	37.16	40.02	35.53	35.33	37.78	42.12	44.68
Long-Term Debt/Total Assets (%)	20.54	20.91	21.96	20.9	19.22	18.12	20.28	25.2	30.87	33.57	30.9	30.27	32.84	36.18	39.17
Total Debt/Equity (%)	51.06	51.87	47.73	44.57	41.42	34.46	39.44	56.35	68.06	76.71	60.93	59.92	66.42	80.44	86.33
Total Debt/Capital (%)	33.8	34.16	32.31	30.83	29.29	25.63	28.29	36.04	40.5	43.41	37.86	37.47	39.91	44.58	46.33
Total Debt/Total Assets (%)	27.28	28.4	27.24	26.66	25.39	21.96	23.11	29.57	33.64	36.42	32.92	32.11	34.69	38.29	40.62
CFO/Total Liabilities	34.11	37.68	41.62	58.06	69.97	77.44	73.42	88.28	72.98	60.4	77.19	69.04	41.55	33.96	39.06
CFO/CapEx	3.99	6.9	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	- -	- -	- -	- -	13.24	15.39	16.23	14.76	15.4	15.97	15.7	13.3	10.83	9.54	9.46

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	8.97	9.24	10.03	10.65	10.78	11	11.76	12.7	12.61	11.62	11.78	11.14	9.52	8.92	9.6
Days Sales Outstanding	40.7	39.49	36.38	34.26	33.85	33.2	31.04	28.73	28.94	31.4	30.99	32.77	38.36	40.91	38
Inventory Turnover	4.21	3.64	3.35	3.2	3.12	2.94	2.85	2.64	2.47	2.62	3.09	2.68	1.92	1.54	1.63
Days Inventory Outstanding	86.7	100.2	108.98	114.18	116.9	124.25	127.89	138.32	147.5	139.05	118.19	136.12	189.69	237.67	224.1
Accounts Payable Turnover	11.61	12.02	13.43	13.2	12.96	13.33	12.79	12.22	11.55	12.82	12.01	9.99	9.37	8.72	9.99
Accounts Payable Turnover Days	31.45	30.36	27.18	27.64	28.17	27.38	28.53	29.87	31.59	28.48	30.38	36.53	38.97	41.84	36.52
Cash Conversion Cycle	95.95	109.32	118.18	120.8	122.58	130.06	130.4	137.18	144.85	141.98	118.8	132.36	189.08	236.73	225.58
Inventory to Cash Days	-46	-60.71	-72.6	-79.92	-83.05	-91.05	-96.85	-109.59	-118.55	-107.66	-87.2	-103.36	-151.33	-196.76	-186.09
Inventories	1,788	1,757	1,731	1,784	1,691	1,790	1,957	2,217	2,001	1,955	1,910	2,757	3,999	4,527	4,804
Raw Materials	115	116	102	101	109	102	126	181	176	180	245	353	420	395	465
Work In Process	1,004	935	919	896	846	954	1,089	1,070	916	964	1,067	1,546	2,109	2,214	2,372
Finished Goods	669	706	710	787	736	734	742	966	909	811	598	858	1,470	1,918	1,967
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	- -	- -	- -	- -	59,675	76,233	105,609	89,114	121,639	153,306	178,955	151,838	159,290	175,334	162,972
- Cash & Cash Equivalents	992	1,416	1,627	1,199	1,000	1,154	1,656	2,438	2,437	3,107	4,631	3,050	2,964	3,200	3,225
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	5,592	5,686	5,158	4,631	4,120	3,609	4,077	5,068	6,062	7,047	8,124	8,735	11,223	13,596	14,048
Enterprise Value	- -	- -	- -	- -	60,577	76,352	105,217	89,949	122,314	153,785	177,340	151,506	161,938	181,350	172,139
Total Capital	16,544	16,647	15,965	15,021	14,066	14,082	14,414	14,062	14,969	16,234	21,457	23,312	28,120	30,499	30,321
Total Debt/Capital (%)	33.8	34.16	32.31	30.83	29.29	25.63	28.29	36.04	40.5	43.41	37.86	37.47	39.91	44.58	46.33
Total Debt / EV	- -	- -	- -	- -	0.07	0.05	0.04	0.06	0.05	0.05	0.05	0.06	0.07	0.07	0.08
EV/Sales	- -	- -	- -	- -	4.66	5.71	7.03	5.7	8.5	10.63	9.67	7.56	9.24	11.59	9.74
EV/EBITDA	- -	- -	- -	- -	11.1	13.14	15.06	11.73	18.06	22.33	17.89	13.63	18.9	25.74	21.46
EV/EBIT	- -	- -	- -	- -	14.02	15.73	17.3	13.4	21.37	26.09	19.79	14.94	22.09	33.18	28.58
EV/Cash Flow to Firm	- -	- -	- -	- -	13.58	16.34	19.45	12.33	17.99	24.35	19.89	17.01	24.06	26.81	22.57
EV/Free Cash Flow to Firm	- -	- -	- -	- -	13.58	16.34	19.45	12.33	17.99	24.35	19.89	17.01	24.06	26.81	22.57
Diluted Market Cap	- -	- -	- -	- -	61,548	78,148	108,707	93,343	124,246	155,582	181,279	155,189	160,517	176,831	164,050
Diluted Enterprise Value	- -	- -	- -	- -	62,450	78,267	108,315	94,178	124,921	156,061	179,664	154,857	163,165	182,847	173,217
EV per Share	- -	- -	- -	- -	3.9	4.99	6.96	6.19	8.54	10.88	12.49	10.88	11.59	12.95	12.35
TTM Sales	13,735	12,825	12,205	13,045	13,000	13,370	14,961	15,784	14,383	14,461	18,344	20,028	17,519	15,641	17,682
TTM EBITDA	4,100	3,374	4,129	5,177	5,455	5,810	6,987	7,667	6,773	6,886	9,914	11,119	8,569	7,045	8,022
TTM Operating Income	3,419	2,687	2,984	4,226	4,580	5,159	6,412	7,034	5,975	6,116	9,156	10,397	7,331	5,341	6,140
TTM Cash Flow to Firm	3,288	3,491	3,459	4,122	4,461	4,672	5,410	7,293	6,798	6,316	8,916	8,907	6,730	6,765	7,629
TTM Free Cash Flow to Firm	2,472	2,996	3,459	4,122	4,461	4,672	5,410	7,293	6,798	6,316	8,916	8,907	6,730	6,765	7,629

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	- -	- -	- -	- -	14	16.94	20.27	12.98	18.69	25.34	20.7	17.8	25	27.99	22.93
EV/EBIT	- -	- -	- -	- -	14.02	15.73	17.3	13.4	21.37	26.09	19.79	14.94	22.09	33.18	28.58
Enterprise Value	- -	- -	- -	- -	60,577	76,352	105,217	89,949	122,314	153,785	177,340	151,506	161,938	181,350	172,139
Low Price	- -	- -	- -	- -	2.99	3.22	4.86	5.91	6	6.44	10.72	9.65	9.1	10.46	9.49
EV/Sales	- -	- -	- -	- -	4.66	5.71	7.03	5.7	8.5	10.63	9.67	7.56	9.24	11.59	9.74
EV/EBITDA	- -	- -	- -	- -	11.1	13.14	15.06	11.73	18.06	22.33	17.89	13.63	18.9	25.74	21.46
Price/Earnings	- -	- -	- -	- -	19.98	21.21	28.91	16.39	24.35	27.45	23.01	17.55	24.44	36.57	32.66
Price/Earnings Average	- -	- -	- -	- -	18.43	18.55	23.72	19.01	22.16	22.24	22.68	18.24	24.1	36.74	34.15
Price/Earnings High	- -	- -	- -	- -	20.84	21.22	28.91	21.3	25.01	27.98	24.96	20.69	28.06	43.24	41.61
Price/Earnings Low	- -	- -	- -	- -	15.58	13.73	20.12	15.78	17.2	16.3	19.57	15.53	19.5	30.54	26.52
Price/Book Value	- -	- -	- -	- -	6	7.28	10.22	9.91	13.66	16.69	13.42	10.42	9.43	10.37	10.01
Price/Book Value Average	- -	- -	- -	- -	5.53	6.37	8.38	11.49	12.43	13.52	13.23	10.83	9.29	10.42	10.47
Price/Book Value High	- -	- -	- -	- -	6.26	7.28	10.22	12.88	14.03	17.01	14.56	12.28	10.82	12.27	12.76
Price/Book Value Low	- -	- -	- -	- -	4.68	4.71	7.11	9.54	9.65	9.91	11.42	9.22	7.52	8.66	8.13
Price/Tangible Book Value	- -	- -	- -	- -	15.09	15.9	21.47	22.76	29.41	32.6	20.14	15.09	12.94	14.27	13.92
Price/Tangible Book Value Average	- -	- -	- -	- -	13.92	13.91	17.61	26.41	26.77	26.41	19.85	15.68	12.76	14.34	14.56
Price/Tangible Book Value High	- -	- -	- -	- -	15.73	15.91	21.47	29.59	30.21	33.23	21.84	17.79	14.85	16.88	17.74
Price/Tangible Book Value Low	- -	- -	- -	- -	11.76	10.3	14.94	21.92	20.78	19.36	17.13	13.35	10.32	11.92	11.3
Price/Sales	- -	- -	- -	- -	4.59	5.7	7.12	5.79	8.49	10.62	9.74	7.66	9.08	11.22	9.24
Price/Sales Average	- -	- -	- -	- -	4.23	4.99	5.84	6.72	7.73	8.6	9.61	7.97	8.96	11.27	9.66
Price/Sales High	- -	- -	- -	- -	4.79	5.7	7.12	7.53	8.72	10.83	10.57	9.04	10.43	13.27	11.77
Price/Sales Low	- -	- -	- -	- -	3.58	3.69	4.95	5.58	6	6.31	8.29	6.78	7.25	9.37	7.5
Price/Cash Flow	- -	- -	- -	- -	13.57	16.52	19.85	12.72	18.37	25.02	20.42	17.6	24.78	27.78	22.83
Price/Cash Flow Average	- -	- -	- -	- -	12.52	14.45	16.28	14.76	16.72	20.27	20.13	18.3	24.44	27.91	23.88
Price/Cash Flow High	- -	- -	- -	- -	14.15	16.53	19.85	16.54	18.87	25.5	22.14	20.76	28.45	32.84	29.09
Price/Cash Flow Low	- -	- -	- -	- -	10.58	10.7	13.82	12.25	12.98	14.85	17.37	15.58	19.77	23.2	18.54
Price/Free Cash Flow Average	- -	- -	- -	- -	12.91	14.82	16.63	15.06	17.01	20.53	20.41	18.5	24.65	28.12	23.98
Price/Free Cash Flow High	- -	- -	- -	- -	14.6	16.95	20.27	16.88	19.19	25.84	22.45	20.99	28.7	33.09	29.22
Price/Free Cash Flow Low	- -	- -	- -	- -	10.91	10.97	14.11	12.5	13.2	15.05	17.61	15.75	19.95	23.38	18.62
EV/Sales Average	- -	- -	- -	- -	4.3	5	5.76	6.6	7.74	8.62	9.53	7.86	9.12	11.65	10.16
EV/Sales High	- -	- -	- -	- -	4.86	5.71	7.03	7.39	8.73	10.84	10.49	8.92	10.59	13.64	12.26
EV/Sales Low	- -	- -	- -	- -	3.65	3.7	4.89	5.49	6.02	6.33	8.21	6.69	7.41	9.75	8
EV/EBITDA Average	- -	- -	- -	- -	10.25	11.5	12.34	13.59	16.44	18.11	17.63	14.16	18.64	25.86	22.39
EV/EBITDA High	- -	- -	- -	- -	11.57	13.15	15.06	15.22	18.54	22.77	19.41	16.07	21.65	30.28	27.03
EV/EBITDA Low	- -	- -	- -	- -	8.69	8.52	10.46	11.3	12.79	13.29	15.19	12.06	15.14	21.64	17.64
EV/EBIT Average	- -	- -	- -	- -	12.94	13.76	14.18	15.52	19.46	21.15	19.51	15.53	21.78	33.34	29.82
EV/EBIT High	- -	- -	- -	- -	14.61	15.73	17.3	17.38	21.95	26.6	21.48	17.63	25.3	39.04	36
EV/EBIT Low	- -	- -	- -	- -	10.97	10.19	12.02	12.91	15.14	15.53	16.81	13.22	17.7	27.9	23.49
Last Price	- -	- -	- -	- -	3.84	4.98	6.99	6.13	8.49	10.85	12.6	10.9	11.4	12.52	11.69
High Price	- -	- -	- -	- -	4	4.98	6.99	7.97	8.72	11.06	13.66	12.86	13.09	14.8	14.89
Enterprise Value Average	- -	- -	- -	- -	55,939	66,807	86,249	104,213	111,379	124,681	174,798	157,482	159,704	182,192	179,597
Enterprise Value High	- -	- -	- -	- -	63,133	76,388	105,217	116,668	125,605	156,764	192,473	178,730	185,501	213,337	216,809
Enterprise Value Low	- -	- -	- -	- -	47,409	49,485	73,115	86,649	86,619	91,508	150,614	134,051	129,743	152,473	141,489

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	17,516	17,035	16,645	16,089	15,545	15,310	15,113	14,529	14,327	14,132	14,204	13,927	13,973	14,007	13,942
Diluted Weighted Avg Shares	18,001	17,616	17,109	16,602	16,033	15,695	15,556	15,218	14,634	14,342	14,388	14,234	14,081	14,127	14,035
Basic Weighted Avg Shares	17,693	17,401	16,878	16,089	15,545	15,310	15,234	14,911	14,388	14,158	14,188	14,081	13,958	14,019	13,973
Revenue per Share	0.78	0.74	0.72	0.81	0.84	0.87	0.98	1.06	1	1.02	1.29	1.42	1.26	1.12	1.27
EBITDA per Share	0.23	0.19	0.24	0.32	0.35	0.38	0.46	0.51	0.47	0.49	0.7	0.79	0.61	0.5	0.57
Operating Income per Share	0.19	0.15	0.18	0.26	0.29	0.34	0.42	0.47	0.42	0.43	0.65	0.74	0.53	0.38	0.44
Basic EPS, GAAP	0.13	0.1	0.13	0.18	0.19	0.23	0.24	0.37	0.35	0.4	0.55	0.62	0.47	0.34	0.36
Basic EPS from Cont Ops	0.13	0.1	0.13	0.18	0.19	0.23	0.24	0.37	0.35	0.4	0.55	0.62	0.47	0.34	0.36
Diluted EPS, GAAP	0.12	0.1	0.13	0.17	0.19	0.23	0.24	0.37	0.34	0.39	0.54	0.61	0.46	0.34	0.36
Diluted EPS from Cont Ops	0.12	0.1	0.13	0.17	0.19	0.23	0.24	0.37	0.34	0.39	0.54	0.61	0.46	0.34	0.36
Dividend per Share	0.04	0.05	0.07	0.08	0.09	0.11	0.14	0.17	0.21	0.24	0.27	0.31	0.33	0.34	0.36
Cash Flow per Share	0.18	0.2	0.2	0.25	0.28	0.3	0.35	0.48	0.46	0.43	0.62	0.62	0.46	0.45	0.51
Free Cash Flow per Basic Share	0.14	0.17	0.2	0.25	0.28	0.3	0.35	0.48	0.46	0.43	0.62	0.62	0.46	0.45	0.51
Cash & Equivalents per Share	0.17	0.23	0.23	0.22	0.21	0.23	0.3	0.29	0.38	0.46	0.69	0.65	0.61	0.54	0.35
Book Value per Share	0.63	0.64	0.65	0.65	0.64	0.68	0.68	0.62	0.62	0.65	0.94	1.05	1.21	1.21	1.17
Tangible Book Value per Share	0.19	0.23	0.25	0.25	0.25	0.31	0.33	0.27	0.29	0.33	0.63	0.72	0.88	0.88	0.84