Northrop Grumman Corporation Financial Ratios — NOC 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 (%)	17.73	19.93	19.39	23.18	31.2	37.9	46.31	42.16	26.44	32.88	59.6	34.68	13.66	27.75	26.17
Return on Assets (%)	7.45	7.61	7.38	7.81	7.8	8.17	9.45	8.87	5.71	7.45	16.09	11.34	4.55	8.7	8.3
Return on Capital (%)	13.88	15.29	14.19	15.27	17.59	18.76	18.4	16.84	11.65	14.51	27.44	18.57	8.38	15.07	14.45
Return on Invested Capital (%)	13.59	15.12	14.26	15.23	17.59	20.72	12.94	14.81	15.05	13.67	16.36	10.55	7.35	11.68	11.37
Gross Margin (%)	21.3	22.13	21.81	23.36	23.98	23.92	22.8	22.57	21.45	20.32	20.38	20.42	16.67	20.38	19.81
EBITDA Margin (%)	14.46	14.43	14.67	15.26	15.06	15.11	14.2	15.22	15.47	14.49	19.32	13.5	9.86	13.99	14.26
Operating Margin (%)	12.4	12.41	12.66	13.33	13.07	13.26	12.38	12.56	11.73	11.05	10.29	9.84	6.46	10.65	10.2
Incremental Operating Margin (%)	- -	12.23	1.26	- -	26.49	17.03	- -	13.74	5.05	3.25	34.81	- -	- -	105.16	- -
Pretax Margin (%)	11.67	11.76	11.61	12.25	11.86	10.85	16.26	12.43	7.53	10.13	25.06	15.94	5.97	12.22	12.08
Profit Margin (%)	8.02	7.84	7.92	8.63	8.46	8.27	11.03	10.73	6.64	8.67	19.64	13.38	5.23	10.17	9.97
Net Income to Common Margin (%)	8.02	7.84	7.92	8.63	8.46	8.27	11.03	10.73	6.64	8.67	19.64	13.38	5.23	10.17	9.97
Effective Tax Rate (%)	32.34	33.29	31.82	29.55	28.67	23.8	32.16	13.71	11.77	14.46	21.63	16.11	12.36	16.79	17.48
Dvd Payout Ratio (%)	26.03	27.05	27.92	27.21	30.3	31.33	24.02	25.43	39.15	29.88	14.03	21.49	54.28	28.41	30.92
Sustainable Growth Rate (%)	13.11	14.54	13.98	16.87	21.74	26.03	35.19	31.44	16.09	23.05	51.24	27.23	6.24	19.86	18.08

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	3,948	3,930	5,928	5,925	6,386	7,058	14,399	14,400	15,187	16,346	14,373	14,701	15,678	16,490	17,019
ST Debt	13	- -	- -	- -	- -	- -	- -	517	1,109	742	6	1,072	- -	- -	- -
LT Debt	3,935	3,930	5,928	5,925	6,386	7,058	14,399	13,883	14,078	15,604	14,367	13,629	15,678	16,490	17,019
Total Debt/EBITDA	1.03	1.08	1.64	1.62	1.8	1.89	3.9	3.14	2.9	3.07	2.09	2.97	4.05	2.87	2.84
Net Debt/EBITDA	0.25	0.02	0.22	0.56	1.15	1.21	0.86	2.8	2.22	1.89	1.34	2.08	2.76	1.8	1.8
Total Debt/EBIT	1.21	1.26	1.9	1.85	2.08	2.15	4.47	3.81	3.83	4.02	2.54	4.08	6.18	3.77	3.77
Net Debt/EBIT	0.29	0.02	0.25	0.65	1.32	1.38	0.99	3.39	2.93	2.48	1.64	2.86	4.21	2.37	2.39
EBITDA to Interest Expense	17.29	17.17	14.08	12.97	11.77	12.4	10.26	8.15	9.91	8.99	12.39	9.77	7.11	9.24	9
EBITDA-CapEx/Interest Expense	15.08	17.17	14.08	12.97	11.77	12.4	10.26	8.15	9.91	8.99	12.39	9.77	7.11	9.24	9
EBIT to Interest Expense	14.82	14.76	12.15	11.33	10.22	10.89	8.94	6.73	7.52	6.85	6.6	7.12	4.66	7.04	6.44
Interest Expense	221	212	257	282	301	301	360	562	528	593	556	506	545	621	665
Common Equity/Total Assets	40.68	35.84	40.26	27.23	22.61	20.53	20.3	21.74	21.46	23.79	30.36	34.99	31.79	30.98	32.45
Long-Term Debt/Equity (%)	38.07	41.31	55.82	81.89	115.65	134.21	201.89	169.57	159.63	147.5	111.15	89.01	105.97	107.85	102.07
Long-Term Debt/Capital (%)	27.55	29.23	35.82	45.02	53.63	57.3	66.88	61.46	58.64	57.95	52.63	45.41	51.45	51.89	50.51
Long-Term Debt/Total Assets (%)	15.49	14.81	22.47	22.3	26.15	27.56	40.99	36.87	34.26	35.09	33.74	31.15	33.68	33.41	33.13
Total Debt/Equity (%)	38.2	41.31	55.82	81.89	115.65	134.21	201.89	175.89	172.21	154.51	111.19	96.01	105.97	107.85	102.07
Total Debt/Capital (%)	27.64	29.23	35.82	45.02	53.63	57.3	66.88	63.75	63.26	60.71	52.65	48.98	51.45	51.89	50.51
Total Debt/Total Assets (%)	15.54	14.81	22.47	22.3	26.15	27.56	40.99	38.24	36.96	36.76	33.76	33.6	33.68	33.41	33.13
Net Debt to Equity	9.15	0.71	7.33	28.5	73.65	85.89	44.5	156.6	131.92	95.43	71.58	67.27	72.17	67.62	64.53
Net Debt/Capital (%)	8.39	0.71	6.83	22.18	42.41	46.2	30.8	61.03	53.46	45.85	38.93	37.54	39.02	37.7	36.73
EBITDA	3,820	3,640	3,618	3,658	3,543	3,733	3,693	4,580	5,234	5,332	6,890	4,943	3,875	5,740	5,983
EBITDA-CapEx	3,332	3,640	3,618	3,658	3,543	3,733	3,693	4,580	5,234	5,332	6,890	4,943	3,875	5,740	5,983
Operating Income (Loss)	3,276	3,130	3,123	3,196	3,076	3,277	3,218	3,780	3,969	4,065	3,671	3,601	2,537	4,370	4,280

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	0.49	0.64	0.89	0.66	0.42	0.45	1.58	0.19	0.24	0.51	0.37	0.22	0.26	0.31	0.32
Current Ratio	1.26	1.39	1.63	1.32	1.16	1.22	2.34	1.17	1.13	1.6	1.3	1.08	1.15	1.01	1.1
Quick Ratio	0.97	1.11	1.35	1.13	0.95	1.04	2.22	0.97	0.94	1.21	1.1	0.87	0.86	0.82	0.89
CFO/Avg Current Liab	0.29	0.43	0.42	0.44	0.38	0.51	0.41	0.5	0.49	0.45	0.37	0.27	0.33	0.34	0.34
Common Equity/Total Assets	40.68	35.84	40.26	27.23	22.61	20.53	20.3	21.74	21.46	23.79	30.36	34.99	31.79	30.98	32.45
Long-Term Debt/Equity (%)	38.07	41.31	55.82	81.89	115.65	134.21	201.89	169.57	159.63	147.5	111.15	89.01	105.97	107.85	102.07
Long-Term Debt/Capital (%)	27.55	29.23	35.82	45.02	53.63	57.3	66.88	61.46	58.64	57.95	52.63	45.41	51.45	51.89	50.51
Long-Term Debt/Total Assets (%)	15.49	14.81	22.47	22.3	26.15	27.56	40.99	36.87	34.26	35.09	33.74	31.15	33.68	33.41	33.13
Total Debt/Equity (%)	38.2	41.31	55.82	81.89	115.65	134.21	201.89	175.89	172.21	154.51	111.19	96.01	105.97	107.85	102.07
Total Debt/Capital (%)	27.64	29.23	35.82	45.02	53.63	57.3	66.88	63.75	63.26	60.71	52.65	48.98	51.45	51.89	50.51
Total Debt/Total Assets (%)	15.54	14.81	22.47	22.3	26.15	27.56	40.99	38.24	36.96	36.76	33.76	33.6	33.68	33.41	33.13
CFO/Total Liabilities	14.03	15.5	15.75	13.41	11.44	13.82	9.33	12.99	13.32	12.7	12.03	10.2	12.21	12.88	13.71
CFO/CapEx	4.33	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	- -	- -	- -	- -	- -	- -	- -	4.06	3.92	3.62	4.01	4.48	3.79	3.64	3.82

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	7.52	8.66	8.9	8.73	8.33	8.05	11.95	24.06	24.4	26.03	24.03	24.58	26.5	30.1	31.7
Days Sales Outstanding	48.51	42.13	41.02	41.79	43.81	45.36	30.55	15.17	14.96	14.02	15.19	14.85	13.77	12.12	11.51
Inventory Turnover	20.2	23.5	25.78	25.53	23.09	23.16	33.07	44.3	37	38.03	36.18	32.56	31.37	25.48	24.34
Days Inventory Outstanding	18.07	15.53	14.16	14.3	15.81	15.76	11.04	8.24	9.87	9.6	10.09	11.21	11.63	14.32	14.99
Accounts Payable Turnover	12.31	13.62	14.64	14.54	13.88	13.26	12.23	12.26	12.12	14.53	14.21	12.25	14	14.02	11.47
Accounts Payable Turnover Days	29.66	26.8	24.94	25.1	26.3	27.52	29.85	29.77	30.12	25.12	25.68	29.8	26.08	26.03	31.81
Cash Conversion Cycle	36.93	30.86	30.24	30.99	33.31	33.59	11.74	-6.36	-5.29	-1.5	-0.4	-3.75	-0.67	0.42	-5.31
Inventory to Cash Days	30.44	26.6	26.86	27.49	28	29.6	19.51	6.93	5.09	4.42	5.1	3.64	2.14	-2.2	-3.48
Inventories	873	798	698	742	807	816	398	654	783	759	811	978	1,109	1,455	1,309
Raw Materials	123	110	102	106	103	100	97	277	317	329	333	325	338	293	306
Work In Process	1,850	1,855	1,601	1,509	1,511	1,823	342	418	507	430	478	605	719	1,118	945
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	48	52	44	58
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	62	- -	- -	- -	- -	- -

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	- -	- -	- -	- -	- -	- -	- -	44,593	57,863	49,471	58,347	82,348	70,515	69,484	83,000
- Cash & Cash Equivalents	3,002	3,862	5,150	3,863	2,319	2,541	11,225	1,579	2,245	4,907	3,530	2,577	3,109	4,353	4,403
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	3,948	3,930	5,928	5,925	6,386	7,058	14,399	14,400	15,187	16,346	14,373	14,701	15,678	16,490	17,019
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	57,414	70,805	60,910	69,190	94,472	83,084	81,621	95,616
Total Capital	14,284	13,444	16,548	13,160	11,908	12,317	21,531	22,587	24,006	26,925	27,299	30,013	30,473	31,780	33,693
Total Debt/Capital (%)	27.64	29.23	35.82	45.02	53.63	57.3	66.88	63.75	63.26	60.71	52.65	48.98	51.45	51.89	50.51
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -	0.25	0.21	0.27	0.21	0.16	0.19	0.2	0.18
EV/Sales	- -	- -	- -	- -	- -	- -	- -	1.91	2.09	1.66	1.94	2.58	2.11	1.99	2.28
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	12.54	13.53	11.42	10.04	19.11	21.44	14.22	15.98
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	15.19	17.84	14.98	12.24	26.23	32.75	18.68	21.2
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	13.32	14.87	12.66	17.29	28.41	19.09	16.64	18.02
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	13.32	14.87	12.66	17.29	28.41	19.09	16.64	18.02
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	45,637	58,605	49,733	60,070	83,661	71,403	70,609	84,054
Diluted Enterprise Value	- -	- -	- -	- -	- -	- -	- -	58,458	71,547	61,172	70,913	95,785	83,972	82,746	96,670
EV per Share	- -	- -	- -	- -	- -	- -	- -	336.53	421.84	365.35	442.72	616.83	553.49	563.09	673.37
TTM Sales	26,412	25,218	24,661	23,979	23,526	24,706	26,004	30,095	33,841	36,799	35,667	36,602	39,290	41,033	41,954
TTM EBITDA	3,820	3,640	3,618	3,658	3,543	3,733	3,693	4,580	5,234	5,332	6,890	4,943	3,875	5,740	5,983
TTM Operating Income	3,276	3,130	3,123	3,196	3,076	3,277	3,218	3,780	3,969	4,065	3,671	3,601	2,537	4,370	4,280
TTM Cash Flow to Firm	2,265	2,781	2,658	2,792	2,377	3,042	2,857	4,312	4,763	4,812	4,003	3,325	4,353	4,905	5,306
TTM Free Cash Flow to Firm	1,777	2,781	2,658	2,792	2,377	3,042	2,857	4,312	4,763	4,812	4,003	3,325	4,353	4,905	5,306

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	- -	- -	- -	- -	- -	- -	- -	11.92	13.64	11.55	16.84	28.84	18.43	16.09	17.67
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	15.19	17.84	14.98	12.24	26.23	32.75	18.68	21.2
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	57,414	70,805	60,910	69,190	94,472	83,084	81,621	95,616
Low Price	- -	- -	- -	- -	- -	- -	- -	261.38	272.16	278.45	288.13	374.36	415.99	432.77	431.28
EV/Sales	- -	- -	- -	- -	- -	- -	- -	1.91	2.09	1.66	1.94	2.58	2.11	1.99	2.28
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	12.54	13.53	11.42	10.04	19.11	21.44	14.22	15.98
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	14.06	25.96	15.55	8.54	17.01	34.62	16.88	20.06
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	17.48	25.4	16.7	7.88	14.83	34.17	17.08	17.78
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	19.5	28.47	19.87	9.16	17.34	41.04	18.87	21.3
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	14.06	20.5	14.59	6.59	11.84	30.65	15.24	14.8
Price/Book Value	- -	- -	- -	- -	- -	- -	- -	5.45	6.56	4.68	4.51	5.38	4.77	4.54	4.98
Price/Book Value Average	- -	- -	- -	- -	- -	- -	- -	6.77	6.42	5.02	4.16	4.69	4.7	4.6	4.41
Price/Book Value High	- -	- -	- -	- -	- -	- -	- -	7.55	7.19	5.98	4.84	5.48	5.65	5.08	5.29
Price/Book Value Low	- -	- -	- -	- -	- -	- -	- -	5.45	5.18	4.39	3.48	3.74	4.22	4.1	3.67
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	- -	-3.76	-5.29	-6.41	-11.29	-31.82	-23.3	-31.27	-108.78
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	- -	-4.68	-5.18	-6.88	-10.41	-27.73	-22.99	-31.64	-96.46
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	- -	-5.21	-5.81	-8.19	-12.1	-32.43	-27.62	-34.96	-115.51
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	- -	-3.76	-4.18	-6.01	-8.71	-22.15	-20.63	-28.23	-80.26
Price/Sales	- -	- -	- -	- -	- -	- -	- -	1.51	1.72	1.35	1.68	2.28	1.81	1.72	2
Price/Sales Average	- -	- -	- -	- -	- -	- -	- -	1.88	1.69	1.45	1.55	1.98	1.79	1.74	1.77
Price/Sales High	- -	- -	- -	- -	- -	- -	- -	2.09	1.89	1.72	1.8	2.32	2.15	1.92	2.12
Price/Sales Low	- -	- -	- -	- -	- -	- -	- -	1.51	1.36	1.26	1.29	1.58	1.6	1.55	1.48
Price/Cash Flow	- -	- -	- -	- -	- -	- -	- -	11.86	13.58	11.52	16.78	28.71	18.37	16.06	17.63
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	14.75	13.29	12.37	15.47	25.02	18.13	16.25	15.64
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	- -	16.45	14.89	14.72	17.98	29.26	21.78	17.95	18.72
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	11.86	10.72	10.81	12.95	19.99	16.26	14.5	13.01
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	14.82	13.34	12.41	15.53	25.13	18.19	16.28	15.67
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	- -	16.53	14.95	14.76	18.05	29.4	21.85	17.99	18.76
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	11.92	10.77	10.84	13	20.08	16.32	14.53	13.04
EV/Sales Average	- -	- -	- -	- -	- -	- -	- -	2.27	2.06	1.75	1.81	2.29	2.09	2.01	2.05
EV/Sales High	- -	- -	- -	- -	- -	- -	- -	2.48	2.26	2.03	2.06	2.62	2.45	2.19	2.4
EV/Sales Low	- -	- -	- -	- -	- -	- -	- -	1.91	1.73	1.57	1.57	1.9	1.91	1.82	1.76
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	- -	14.9	13.29	12.11	9.38	16.97	21.21	14.36	14.41
EV/EBITDA High	- -	- -	- -	- -	- -	- -	- -	16.3	14.59	14	10.65	19.43	24.82	15.65	16.84
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	- -	12.54	11.2	10.85	8.11	14.05	19.36	13.04	12.34
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	18.06	17.52	15.88	11.44	23.3	32.39	18.87	19.11
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	19.75	19.25	18.37	12.98	26.68	37.91	20.55	22.33
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	15.19	14.77	14.23	9.89	19.29	29.57	17.13	16.37
Last Price	- -	- -	- -	- -	- -	- -	- -	261.38	344.73	296.74	373.34	537.67	469.76	479.36	584.52
High Price	- -	- -	- -	- -	- -	- -	- -	362.42	377.98	379.25	400.09	548.04	556.98	535.84	620.66
Enterprise Value Average	- -	- -	- -	- -	- -	- -	- -	68,257	69,547	64,572	64,651	83,894	82,174	82,450	86,214
Enterprise Value High	- -	- -	- -	- -	- -	- -	- -	74,652	76,385	74,667	73,370	96,061	96,177	89,808	100,749
Enterprise Value Low	- -	- -	- -	- -	- -	- -	- -	57,414	58,623	57,862	55,873	69,461	75,013	74,867	73,857

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	254	239	218	199	181	175	174	171	168	167	156	153	150	145	142
Diluted Weighted Avg Shares	282	253	234	212	192	181	176	175	170	168	161	156	152	147	144
Basic Weighted Avg Shares	277	249	230	209	189	179	174	174	169	167	160	155	152	147	144
Revenue per Share	95.42	101.44	107.41	114.84	124.21	138.1	149.11	173.26	199.89	220.22	222.5	236.29	259.34	279.14	292.36
EBITDA per Share	13.8	14.64	15.76	17.52	18.71	20.87	21.18	26.37	30.92	31.91	42.98	31.91	25.58	39.05	41.69
Operating Income per Share	11.84	12.59	13.6	15.31	16.24	18.32	18.45	21.76	23.44	24.33	22.9	23.25	16.75	29.73	29.83
Basic EPS, GAAP	7.65	7.96	8.5	9.91	10.51	11.42	16.45	18.59	13.28	19.08	43.7	31.61	13.57	28.39	29.14
Basic EPS from Cont Ops	7.54	7.96	8.5	9.91	10.51	11.42	16.45	18.59	13.28	19.08	43.7	31.61	13.57	28.39	29.14
Diluted EPS, GAAP	7.52	7.81	8.35	9.75	10.39	11.32	16.34	18.49	13.22	19.03	43.54	31.47	13.53	28.34	29.08
Diluted EPS from Cont Ops	7.41	7.81	8.35	9.75	10.39	11.32	16.34	18.49	13.22	19.03	43.54	31.47	13.53	28.34	29.08
Dividend per Share	1.96	2.15	2.37	2.7	3.18	3.58	3.95	4.73	5.2	5.7	6.13	6.79	7.37	8.07	9.01
Cash Flow per Share	7.64	10.62	10.81	12.42	11.41	15.72	14.98	22.03	25.38	25.76	22.25	18.73	25.58	29.85	33.15
Free Cash Flow per Basic Share	5.88	10.62	10.81	12.42	11.41	15.72	14.98	22.03	25.38	25.76	22.25	18.73	25.58	29.85	33.15
Cash & Equivalents per Share	11.82	16.14	23.67	19.42	12.79	14.51	64.48	9.26	13.38	29.43	22.59	16.83	20.71	30.03	31.01
Book Value per Share	40.71	39.77	48.81	36.37	30.46	30.04	40.97	47.99	52.54	63.45	82.71	99.98	98.56	105.48	117.42
Tangible Book Value per Share	-8.03	-12.19	-8.35	-26.3	-38.27	-41.08	-30.88	-69.5	-65.11	-46.32	-33.06	-16.9	-20.17	-15.33	-5.37