United Parcel Service, Inc. Financial Ratios — UPSS34 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 (%)	50.67	13.81	78.58	70.39	210.11	238.05	701.22	238.66	141.22	68.45	172.9	67.85	36.17	33.99	33.83
Return on Assets (%)	11.14	2.19	11.65	8.46	13.14	8.7	11.41	10.02	8.23	2.23	19.56	16.44	9.45	8.21	7.78
Return on Capital (%)	21.73	6.32	26.43	21.54	34.06	22.06	24.95	20.64	17.31	6.19	39.37	29.11	16.77	14.94	14.59
Return on Invested Capital (%)	21.64	6.25	26.55	21.62	34.27	31.03	24.87	21.97	21.48	18.77	29.28	24.62	16.42	15.27	14.08
Gross Margin (%)	19.28	10.33	20.4	16.32	21.08	19.98	18.9	17.38	18.51	18.06	20.85	20.94	18.95	17.96	18.08
EBITDA Margin (%)	14.8	5.91	16.06	11.83	16.71	16.09	14.73	12.85	13.71	12.27	16.2	16.23	13.75	13.26	13.1
Operating Margin (%)	11.45	2.48	12.69	8.53	13.14	12.48	11.31	9.77	10.52	9.08	13.17	13.05	10.05	9.3	8.87
Incremental Operating Margin (%)	12.33	- -	434.1	- -	2,061.07	0.62	- -	- -	34.66	- -	40.49	9.31	42.14	- -	24.95
Pretax Margin (%)	10.88	1.8	12.04	7.96	12.58	8.31	10.72	8.38	7.63	2.18	17.06	14.78	9.43	8.17	8.08
Profit Margin (%)	7.16	1.49	7.89	5.21	8.3	5.55	7.37	6.67	5.99	1.59	13.25	11.51	7.37	6.35	6.28
Net Income to Common Margin (%)	7.16	1.49	7.89	5.21	8.3	5.55	7.37	6.67	5.99	1.59	13.25	11.51	7.37	6.35	6.28
Effective Tax Rate (%)	34.14	17.15	34.49	34.61	34.02	33.18	31.27	20.4	21.44	27.17	22.33	22.1	21.75	22.31	22.22
Dvd Payout Ratio (%)	52.5	263.94	51.69	78.03	52.13	77.24	56.49	62.85	71.94	251.23	26.66	44.28	80.08	93.38	96.88
Sustainable Growth Rate (%)	24.07	-22.64	37.96	15.46	100.59	54.19	305.08	88.67	39.63	-103.52	126.8	37.8	7.2	2.25	1.06

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	11,128	12,870	10,872	10,779	14,334	16,075	24,289	22,736	28,167	27,754	25,528	23,521	26,729	25,652	28,590
ST Debt	33	1,781	48	923	3,018	3,681	4,011	2,805	3,958	3,183	2,711	2,962	4,057	2,571	1,371
LT Debt	11,095	11,089	10,824	9,856	11,316	12,394	20,278	19,931	24,209	24,571	22,817	20,559	22,672	23,081	27,219
Total Debt/EBITDA	1.42	4.02	1.22	1.56	1.47	1.62	2.48	2.46	2.77	2.67	1.62	1.44	2.14	2.12	2.46
Net Debt/EBITDA	1.03	1.73	0.7	1.23	1.19	1.27	2.14	2.01	1.97	1.81	0.74	0.86	1.53	1.26	1.57
Total Debt/EBIT	1.83	9.58	1.55	2.17	1.87	2.09	3.23	3.24	3.61	3.61	1.99	1.8	2.92	3.03	3.63
Net Debt/EBIT	1.33	4.13	0.88	1.71	1.51	1.64	2.79	2.64	2.56	2.44	0.91	1.07	2.09	1.79	2.32
EBITDA to Interest Expense	22.59	8.15	23.42	19.52	28.6	26.02	21.66	15.26	15.56	14.81	22.71	23.13	15.89	13.95	11.42
EBITDA-CapEx/Interest Expense	22.59	8.15	23.42	19.52	28.6	26.02	21.66	15.26	15.56	14.81	22.71	23.13	15.89	13.95	11.42
EBIT to Interest Expense	17.47	3.42	18.51	14.07	22.49	20.18	16.62	11.61	11.94	10.96	18.46	18.6	11.61	9.78	7.74
Interest Expense	348	393	380	353	341	381	453	605	653	701	694	704	787	866	1,017
Common Equity/Total Assets	20.27	11.97	17.88	6.04	6.45	1	2.18	6.04	5.65	1.05	20.54	27.82	24.42	23.86	22.2
Long-Term Debt/Equity (%)	156.09	234.29	166.83	456.72	454.28	2,889.04	1,980.27	656.27	737.4	3,672.8	159.91	103.82	130.95	137.85	167.45
Long-Term Debt/Capital (%)	60.84	62.99	62.35	76.18	67.26	75.1	80.11	77.33	76.98	86.45	57.33	47.45	51.48	54.44	60.7
Long-Term Debt/Total Assets (%)	31.97	28.53	29.89	27.81	29.54	30.7	44.49	39.85	41.84	39.37	32.88	28.91	32	32.94	37.24
Total Debt/Equity (%)	156.56	271.92	167.57	499.49	575.43	3,747.09	2,371.97	748.63	857.97	4,148.58	178.91	118.77	154.38	153.21	175.88
Total Debt/Capital (%)	61.02	73.11	62.63	83.32	85.19	97.4	95.95	88.22	89.56	97.65	64.15	54.29	60.69	60.51	63.75
Total Debt/Total Assets (%)	32.07	33.12	30.02	30.41	37.41	39.81	53.3	45.46	48.68	44.47	36.78	33.07	37.72	36.61	39.12
Net Debt to Equity	113.87	117.11	95.67	393.33	465.84	2,936.83	2,047.75	609.52	609.2	2,801.79	81.72	71	110.29	90.62	112.21
Net Debt/Capital (%)	53.24	53.94	48.89	79.73	82.33	96.71	95.34	85.91	76.3	83.26	39.47	37.27	46.72	41.82	46.82
EBITDA	7,862	3,201	8,901	6,891	9,752	9,912	9,811	9,231	10,158	10,382	15,763	16,282	12,507	12,077	11,613
EBITDA-CapEx	7,862	3,201	8,901	6,891	9,752	9,912	9,811	9,231	10,158	10,382	15,763	16,282	12,507	12,077	11,613
Operating Income (Loss)	6,080	1,343	7,034	4,968	7,668	7,688	7,529	7,024	7,798	7,684	12,810	13,094	9,141	8,468	7,867

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	0.66	0.94	0.74	0.38	0.44	0.39	0.32	0.36	0.37	0.37	0.6	0.42	0.34	0.38	0.38
Current Ratio	1.89	1.86	1.88	1.3	1.23	1.18	1.22	1.15	1.11	1.19	1.42	1.22	1.1	1.17	1.22
Quick Ratio	1.62	1.67	1.65	1.15	1.11	1.1	1.12	1.06	0.99	1	1.32	1.11	0.98	1.05	1.09
CFO/Avg Current Liab	1.14	0.97	0.94	0.73	0.77	0.58	0.12	0.94	0.59	0.65	0.87	0.79	0.57	0.59	0.53
Common Equity/Total Assets	20.27	11.97	17.88	6.04	6.45	1	2.18	6.04	5.65	1.05	20.54	27.82	24.42	23.86	22.2
Long-Term Debt/Equity (%)	156.09	234.29	166.83	456.72	454.28	2,889.04	1,980.27	656.27	737.4	3,672.8	159.91	103.82	130.95	137.85	167.45
Long-Term Debt/Capital (%)	60.84	62.99	62.35	76.18	67.26	75.1	80.11	77.33	76.98	86.45	57.33	47.45	51.48	54.44	60.7
Long-Term Debt/Total Assets (%)	31.97	28.53	29.89	27.81	29.54	30.7	44.49	39.85	41.84	39.37	32.88	28.91	32	32.94	37.24
Total Debt/Equity (%)	156.56	271.92	167.57	499.49	575.43	3,747.09	2,371.97	748.63	857.97	4,148.58	178.91	118.77	154.38	153.21	175.88
Total Debt/Capital (%)	61.02	73.11	62.63	83.32	85.19	97.4	95.95	88.22	89.56	97.65	64.15	54.29	60.69	60.51	63.75
Total Debt/Total Assets (%)	32.07	33.12	30.02	30.41	37.41	39.81	53.3	45.46	48.68	44.47	36.78	33.07	37.72	36.61	39.12
CFO/Total Liabilities	25.63	21.14	24.57	17.2	20.74	16.2	3.32	27.06	15.83	16.94	27.22	27.48	19.12	18.98	14.87
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	- -	- -	4.8	4.3	4.3	4.3	3.97	3.5	3.34	3.58	4.72	4.52	3.94	3.63	3.22

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	8.95	8.76	8.79	8.85	8.46	8.31	8.09	8.11	8.01	8.34	8.35	7.99	7.64	8.25	8.03
Days Sales Outstanding	40.8	41.66	41.52	41.25	43.14	43.93	45.14	45.03	45.59	43.78	43.69	45.7	47.75	44.26	45.45
Inventory Turnover	- -	131.53	110.87	130.46	141.29	151.7	144.77	143.93	129.56	122.62	115.19	98.78	80.83	84.85	92.82
Days Inventory Outstanding	- -	2.78	3.29	2.8	2.58	2.41	2.52	2.54	2.82	2.98	3.17	3.69	4.52	4.3	3.93
Accounts Payable Turnover	- -	21.22	18.56	18.6	17.23	17.53	15.5	13.02	11.26	11.57	11.03	10.57	10.65	11.8	11.22
Accounts Payable Turnover Days	- -	17.2	19.67	19.62	21.18	20.82	23.55	28.03	32.42	31.56	33.08	34.52	34.28	30.93	32.54
Cash Conversion Cycle	- -	27.24	25.15	24.43	24.54	25.51	24.11	19.53	15.98	15.2	13.78	14.87	17.99	17.64	16.84
Inventory to Cash Days	- -	38.89	38.23	38.46	40.55	41.52	42.62	42.49	42.77	40.8	40.52	42	43.24	39.96	41.52
Inventories	345	393	403	344	308	342	404	421	511	620	717	889	935	826	739
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	345	393	403	344	308	342	404	421	511	620	717	889	935	826	739

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	- -	- -	94,990	91,772	86,451	101,999	102,425	81,285	102,473	144,178	185,277	148,799	134,176	107,790	85,034
- Cash & Cash Equivalents	3,034	7,327	4,665	2,291	2,730	3,476	3,320	4,225	5,238	5,910	10,255	5,602	3,169	6,112	5,887
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	73	80	14	17	21	24	30	16	16	12	16	17	8	25	28
+ Total Debt	11,128	12,870	10,872	10,779	14,334	16,075	24,289	22,736	28,167	27,754	25,528	23,521	26,729	25,652	28,590
Enterprise Value	- -	- -	100,631	99,285	96,080	113,531	122,675	99,002	124,915	165,628	200,228	164,742	154,878	127,149	107,765
Total Capital	18,236	17,603	17,360	12,937	16,825	16,504	25,313	25,773	31,450	28,423	39,797	43,324	44,043	42,395	44,845
Total Debt/Capital (%)	61.02	73.11	62.63	83.32	85.19	97.4	95.95	88.22	89.56	97.65	64.15	54.29	60.69	60.51	63.75
Total Debt / EV	- -	- -	0.11	0.11	0.15	0.14	0.2	0.23	0.23	0.17	0.13	0.14	0.17	0.2	0.27
EV/Sales	- -	- -	1.82	1.7	1.65	1.84	1.84	1.38	1.69	1.96	2.06	1.64	1.7	1.4	1.22
EV/EBITDA	- -	- -	11.31	14.41	9.85	11.45	12.5	10.72	12.3	15.95	12.7	10.12	12.38	10.53	9.28
EV/EBIT	- -	- -	14.31	19.98	12.53	14.77	16.29	14.09	16.02	21.55	15.63	12.58	16.94	15.02	13.7
EV/Cash Flow to Firm	- -	- -	13.32	16.67	12.55	16.88	68.52	7.5	13.65	15.1	12.88	11.24	14.27	11.78	11.66
EV/Free Cash Flow to Firm	- -	- -	13.32	16.67	12.55	16.88	68.52	7.5	13.65	15.1	12.88	11.24	14.27	11.78	11.66
Diluted Market Cap	- -	- -	97,563	93,698	88,402	104,189	104,333	82,422	103,908	145,245	187,046	151,606	135,180	108,055	85,144
Diluted Enterprise Value	- -	- -	103,204	101,211	98,031	115,721	124,583	100,139	126,350	166,695	201,997	167,549	155,882	127,414	107,875
EV per Share	- -	- -	6.8	6.85	6.77	8.16	8.91	7.2	9.1	11.96	14.37	11.97	11.32	9.29	7.92
TTM Sales	53,105	54,127	55,438	58,232	58,363	61,610	66,585	71,861	74,094	84,628	97,287	100,338	90,958	91,070	88,661
TTM EBITDA	7,862	3,201	8,901	6,891	9,752	9,912	9,811	9,231	10,158	10,382	15,763	16,282	12,507	12,077	11,613
TTM Operating Income	6,080	1,343	7,034	4,968	7,668	7,688	7,529	7,024	7,798	7,684	12,810	13,094	9,141	8,468	7,867
TTM Cash Flow to Firm	7,302	7,542	7,553	5,957	7,655	6,728	1,790	13,193	9,152	10,970	15,546	14,652	10,854	10,795	9,241
TTM Free Cash Flow to Firm	7,302	7,542	7,553	5,957	7,655	6,728	1,790	13,193	9,152	10,970	15,546	14,652	10,854	10,795	9,241

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	- -	- -	13.36	16.36	11.9	16.1	70.54	6.48	12.03	13.89	12.46	10.75	13.2	10.68	10.08
EV/EBIT	- -	- -	14.31	19.98	12.53	14.77	16.29	14.09	16.02	21.55	15.63	12.58	16.94	15.02	13.7
Enterprise Value	- -	- -	100,631	99,285	96,080	113,531	122,675	99,002	124,915	165,628	200,228	164,742	154,878	127,149	107,765
Low Price	- -	- -	5.45	6.13	5.92	5.57	6.51	5.91	5.9	5.43	9.71	9.87	8.32	7.62	5.13
EV/Sales	- -	- -	1.82	1.7	1.65	1.84	1.84	1.38	1.69	1.96	2.06	1.64	1.7	1.4	1.22
EV/EBITDA	- -	- -	11.31	14.41	9.85	11.45	12.5	10.72	12.3	15.95	12.7	10.12	12.38	10.53	9.28
Price/Earnings	- -	- -	22.13	30.64	18.15	30.31	21.17	17.12	23.27	107.65	14.44	13.07	20.13	18.67	15.26
Price/Earnings Average	- -	- -	21.39	30.9	18.75	26.91	20.01	20.98	21.74	89.03	13	14.34	21.88	20.63	15.28
Price/Earnings High	- -	- -	22.52	31.99	20.6	30.72	22.19	24.44	24.09	115.09	15.06	17.58	25.32	24.04	20.9
Price/Earnings Low	- -	- -	18.79	29.69	17.66	23.02	18.53	17.12	18.4	56.21	10.54	11.93	17.07	18.06	12.52
Price/Book Value	- -	- -	14.67	42.86	35	251.85	103.04	26.91	31.37	219.45	13	7.52	7.75	6.45	5.24
Price/Book Value Average	- -	- -	14.19	43.24	36.15	223.64	97.4	32.97	29.3	181.48	11.7	8.25	8.43	7.13	5.25
Price/Book Value High	- -	- -	14.94	44.76	39.73	255.27	108.01	38.4	32.48	234.6	13.56	10.11	9.75	8.3	7.18
Price/Book Value Low	- -	- -	12.46	41.54	34.05	191.32	90.19	26.91	24.81	114.59	9.49	6.87	6.57	6.24	4.3
Price/Tangible Book Value	- -	- -	27.07	-103.11	-34.61	-19.96	-21.15	-28.36	-37.77	-28.93	22.94	11.65	14.7	11.52	13.35
Price/Tangible Book Value Average	- -	- -	26.17	-104.02	-35.75	-17.73	-20	-34.76	-35.29	-23.92	20.65	12.79	15.98	12.74	13.37
Price/Tangible Book Value High	- -	- -	27.56	-107.68	-39.29	-20.23	-22.17	-40.48	-39.11	-30.93	23.93	15.68	18.49	14.84	18.28
Price/Tangible Book Value Low	- -	- -	22.99	-99.92	-33.67	-15.16	-18.52	-28.36	-29.87	-15.11	16.75	10.64	12.46	11.15	10.95
Price/Sales	- -	- -	1.75	1.6	1.51	1.68	1.56	1.14	1.39	1.71	1.91	1.5	1.48	1.19	0.96
Price/Sales Average	- -	- -	1.69	1.61	1.56	1.49	1.47	1.4	1.3	1.41	1.72	1.65	1.61	1.31	0.96
Price/Sales High	- -	- -	1.78	1.67	1.71	1.71	1.63	1.63	1.44	1.83	2	2.02	1.87	1.53	1.31
Price/Sales Low	- -	- -	1.48	1.55	1.47	1.28	1.37	1.14	1.1	0.89	1.4	1.37	1.26	1.15	0.79
Price/Cash Flow	- -	- -	13.24	16.22	11.83	16.02	70.22	6.45	11.96	13.82	12.41	10.7	13.19	10.66	10.06
Price/Cash Flow Average	- -	- -	12.8	16.36	12.22	14.23	66.37	7.91	11.17	11.43	11.17	11.74	14.34	11.79	10.08
Price/Cash Flow High	- -	- -	13.48	16.94	13.43	16.24	73.6	9.21	12.38	14.78	12.94	14.39	16.59	13.73	13.78
Price/Cash Flow Low	- -	- -	11.25	15.72	11.51	12.17	61.46	6.45	9.46	7.22	9.06	9.77	11.18	10.32	8.25
Price/Free Cash Flow Average	- -	- -	12.91	16.51	12.29	14.29	66.68	7.95	11.24	11.48	11.22	11.8	14.35	11.8	10.09
Price/Free Cash Flow High	- -	- -	13.6	17.09	13.51	16.31	73.94	9.25	12.45	14.85	13	14.46	16.61	13.75	13.8
Price/Free Cash Flow Low	- -	- -	11.34	15.86	11.57	12.23	61.75	6.48	9.51	7.25	9.1	9.81	11.19	10.33	8.26
EV/Sales Average	- -	- -	1.76	1.72	1.69	1.66	1.76	1.63	1.6	1.66	1.87	1.79	1.83	1.52	1.22
EV/Sales High	- -	- -	1.85	1.77	1.85	1.87	1.92	1.86	1.73	2.07	2.14	2.15	2.08	1.74	1.57
EV/Sales Low	- -	- -	1.56	1.66	1.61	1.44	1.65	1.38	1.4	1.14	1.54	1.51	1.48	1.36	1.04
EV/EBITDA Average	- -	- -	10.95	14.52	10.14	10.3	11.93	12.71	11.63	13.55	11.53	11.01	13.32	11.47	9.29
EV/EBITDA High	- -	- -	11.5	15	11.05	11.59	13.01	14.49	12.65	16.91	13.21	13.27	15.15	13.1	11.98
EV/EBITDA Low	- -	- -	9.7	14	9.61	8.98	11.2	10.72	10.19	9.32	9.53	9.32	10.75	10.24	7.96
EV/EBIT Average	- -	- -	13.86	20.15	12.9	13.28	15.55	16.7	15.16	18.31	14.19	13.69	18.22	16.36	13.71
EV/EBIT High	- -	- -	14.55	20.8	14.05	14.95	16.95	19.04	16.48	22.85	16.25	16.5	20.73	18.68	17.69
EV/EBIT Low	- -	- -	12.27	19.41	12.22	11.58	14.6	14.09	13.27	12.59	11.72	11.59	14.71	14.6	11.75
Last Price	- -	- -	6.42	6.33	6.09	7.33	7.44	5.91	7.46	10.41	13.3	10.81	9.81	7.88	6.25
High Price	- -	- -	6.54	6.61	6.91	7.43	7.8	8.44	7.73	11.13	13.86	14.54	12.34	10.15	8.56
Enterprise Value Average	- -	- -	97,477	100,090	98,922	102,108	117,066	117,325	118,181	140,686	181,721	179,241	166,566	138,503	107,875
Enterprise Value High	- -	- -	102,333	103,349	107,764	114,917	127,612	133,723	128,546	175,583	208,155	216,067	189,456	158,168	139,171
Enterprise Value Low	- -	- -	86,306	96,441	93,729	89,016	109,902	99,002	103,483	96,734	150,195	151,809	134,464	123,634	92,463

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	15,430	15,270	14,789	14,501	14,196	13,914	13,764	13,748	13,732	13,853	13,935	13,761	13,677	13,682	13,602
Diluted Weighted Avg Shares	15,879	15,526	15,190	14,805	14,517	14,212	14,020	13,940	13,924	13,956	14,068	14,020	13,780	13,716	13,620
Basic Weighted Avg Shares	15,719	15,382	15,062	14,677	14,437	14,148	13,956	13,876	13,844	13,892	14,004	13,956	13,764	13,700	13,604
Revenue per Share	3.38	3.52	3.68	3.97	4.04	4.35	4.77	5.18	5.35	6.09	6.95	7.19	6.61	6.65	6.52
EBITDA per Share	0.5	0.21	0.59	0.47	0.68	0.7	0.7	0.67	0.73	0.75	1.13	1.17	0.91	0.88	0.85
Operating Income per Share	0.39	0.09	0.47	0.34	0.53	0.54	0.54	0.51	0.56	0.55	0.91	0.94	0.66	0.62	0.58
Basic EPS, GAAP	0.24	0.05	0.29	0.21	0.34	0.24	0.35	0.35	0.32	0.1	0.92	0.83	0.49	0.42	0.41
Basic EPS from Cont Ops	0.24	0.05	0.29	0.21	0.34	0.24	0.35	0.35	0.32	0.1	0.92	0.83	0.49	0.42	0.41
Diluted EPS, GAAP	0.24	0.05	0.29	0.2	0.33	0.24	0.35	0.34	0.32	0.1	0.92	0.82	0.49	0.42	0.41
Diluted EPS from Cont Ops	0.24	0.05	0.29	0.2	0.33	0.24	0.35	0.34	0.32	0.1	0.92	0.82	0.49	0.42	0.41
Dividend per Share	0.13	0.14	0.15	0.16	0.17	0.19	0.2	0.22	0.23	0.24	0.25	0.37	0.39	0.39	0.4
Cash Flow per Share	0.45	0.47	0.48	0.39	0.51	0.46	0.11	0.92	0.62	0.75	1.07	1.01	0.74	0.74	0.62
Free Cash Flow per Basic Share	0.45	0.47	0.48	0.39	0.51	0.46	0.11	0.92	0.62	0.75	1.07	1.01	0.74	0.74	0.62
Cash & Equivalents per Share	0.28	0.52	0.35	0.23	0.33	0.33	0.3	0.37	0.42	0.46	0.76	0.55	0.44	0.46	0.43
Book Value per Share	0.46	0.3	0.44	0.15	0.17	0.03	0.07	0.22	0.24	0.05	1.02	1.44	1.27	1.22	1.19
Tangible Book Value per Share	0.28	0.12	0.24	-0.06	-0.18	-0.37	-0.35	-0.21	-0.2	-0.36	0.58	0.93	0.67	0.68	0.47