Vertex Pharmaceuticals Incorporated Financial Ratios — VRTX

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 (%)	4.58	-11.99	-37.78	-60.75	-55.22	-10.69	16.54	64.88	22.37	36.71	24.93	27.67	22.99	-3.15	22.54
Return on Assets (%)	1.51	-4.31	-17.53	-31.74	-23.02	-4.15	8.18	42.83	16.16	27.02	18.6	21.04	17.71	-2.37	16.41
Return on Capital (%)	3.6	- -	- -	- -	- -	- -	- -	- -	20.84	33.76	23.15	26	22.02	-3.29	20.41
Return on Invested Capital (%)	6.36	- -	- -	- -	- -	- -	- -	- -	17	30.04	22.73	25.79	18.95	2.73	18.17
Gross Margin (%)	94.29	81.67	89.25	89.49	87.94	87.64	88.95	86.56	86.84	88.14	88.06	87.9	87.21	86.11	86.24
EBITDA Margin (%)	10.55	5.56	-46.34	-108.4	-39.19	4.19	7.42	23.22	31.33	47.79	38.39	49.89	40.66	-0.23	36.52
Operating Margin (%)	15.72	3.18	-12.92	-110.52	-45.01	0.66	15.78	21.79	28.87	46.24	36.69	47.59	38.31	-2.12	37.95
Incremental Operating Margin (%)	72.3	- -	65.12	76.78	39.12	71.04	48.52	48.51	48.25	81.62	- -	108.45	- -	- -	487.95
Pretax Margin (%)	4.28	2.1	-51.65	-126.61	-54.03	-3.96	-0.63	19.7	33.51	50.23	36.05	47.39	44.38	2.25	38.69
Profit Margin (%)	2.1	-7.01	-36.72	-127.25	-53.89	-6.58	10.59	68.8	28.27	43.7	30.92	37.2	36.68	-4.86	32.94
Net Income to Common Margin (%)	2.1	-7.01	-36.72	-127.25	-53.89	-6.58	10.59	68.8	28.27	43.7	30.92	37.2	36.68	-4.86	32.94
Effective Tax Rate (%)	31.87	- -	- -	- -	- -	- -	- -	- -	15.64	13	14.22	21.51	17.36	315.53	14.86
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	4.58	-11.99	-37.78	-60.75	-55.22	-10.69	16.54	64.88	22.37	36.71	24.93	27.67	22.99	-3.15	22.54

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	456	697	507	825	826	841	606	587	662	932	967	900	808	1,744	2,031
ST Debt	- -	14	17	32	87	319	23	5	39	42	80	89	84	87	77
LT Debt	456	683	490	793	739	521	584	582	623	890	887	810	725	1,657	1,953
Total Debt/EBITDA	3.06	8.21	-0.9	-1.31	-2.04	11.79	3.28	0.83	0.51	0.31	0.33	0.2	0.2	-67.87	0.46
Net Debt/EBITDA	-0.51	-1.05	1.01	0.53	1.04	-12.39	-9.02	-3.75	-2.38	-2.02	-2.34	-2.36	-2.58	177.81	-1.16
Total Debt/EBIT	4.01	14.91	-0.83	-1.19	-1.77	84.62	4.92	0.92	0.55	0.33	0.35	0.21	0.21	-7.49	0.49
Net Debt/EBIT	-0.66	-1.91	0.93	0.48	0.9	-88.96	-13.51	-4.17	-2.6	-2.1	-2.44	-2.44	-2.71	19.62	-1.22
EBITDA to Interest Expense	3.95	5.65	-24.5	-8.63	-4.8	0.88	2.66	9.76	22.3	50.96	47.28	81.31	91	-0.84	329.56
EBITDA-CapEx/Interest Expense	1.44	0.92	-26.74	-9.34	-5.34	0.18	-1.08	8.45	21.01	46.49	43.46	77.57	85.15	-16.7	296.65
EBIT to Interest Expense	5.88	3.23	-6.83	-8.8	-5.52	0.14	5.67	9.16	20.55	49.3	45.19	77.55	85.72	-7.63	342.44
Interest Expense	38	15	23	73	84	81	69	72	59	58	62	55	44	31	13
Common Equity/Total Assets	35.7	36.21	58.49	46.05	37.62	39.93	57.21	71.01	73.15	73.92	75.19	76.65	77.34	72.82	72.79
Long-Term Debt/Equity (%)	49.11	57.13	36.1	72.34	67.61	38.96	28.59	13.11	10.24	10.24	8.78	5.82	4.12	10.1	10.46
Long-Term Debt/Capital (%)	32.93	36.1	26.29	41.27	38.51	23.93	22.04	11.58	9.23	9.25	8.02	5.47	3.94	9.13	9.44
Long-Term Debt/Total Assets (%)	20.68	24.76	21.12	33.96	29.59	18	16.47	9.31	7.49	7.57	6.6	4.46	3.19	7.35	7.62
Total Debt/Equity (%)	49.11	58.28	37.35	75.26	75.55	62.83	29.69	13.23	10.87	10.73	9.58	6.47	4.6	10.63	10.88
Total Debt/Capital (%)	32.93	36.82	27.19	42.94	43.04	38.59	22.9	11.68	9.81	9.69	8.74	6.07	4.4	9.61	9.81
Total Debt/Total Assets (%)	20.68	25.26	21.84	35.33	33.07	29.02	17.1	9.4	7.95	7.93	7.2	4.96	3.56	7.74	7.92
Net Debt to Equity	-8.11	-7.48	-41.97	-30.15	-38.37	-66.06	-81.55	-59.75	-51.1	-68.93	-67.28	-75.5	-58.98	-27.85	-27.24
Net Debt/Capital (%)	-8.29	-6.37	-44.01	-25.5	-34.82	-88.84	-169.37	-111.73	-85.48	-164.94	-159.04	-243.8	-129.3	-33.64	-32.57
EBITDA	149	85	-562	-629	-405	71	185	708	1,304	2,966	2,908	4,456	4,013	-26	4,383
EBITDA-CapEx	54	14	-613	-680	-450	15	-75	612	1,229	2,706	2,673	4,251	3,755	-511	3,946
Operating Income (Loss)	222	49	-157	-641	-465	11	393	664	1,202	2,869	2,779	4,250	3,780	-233	4,554

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	2.47	3.05	3.68	3.77	2.06	1.81	2.59	2.83	2.85	3.55	3.51	3.93	3.16	1.72	1.71
Current Ratio	3.39	3.67	3.99	4.2	2.78	2.31	3.28	3.43	3.61	4.33	4.46	4.83	3.99	2.69	2.9
Quick Ratio	2.94	3.39	3.92	4.01	2.43	2.11	3.07	3.19	3.33	4.02	4.04	4.46	3.6	2.17	2.24
CFO/Avg Current Liab	0.33	0.65	-0.15	-1.5	-0.84	0.36	1.06	1.32	1.28	2.03	1.32	1.69	1.12	-0.14	0.98
Common Equity/Total Assets	35.7	36.21	58.49	46.05	37.62	39.93	57.21	71.01	73.15	73.92	75.19	76.65	77.34	72.82	72.79
Long-Term Debt/Equity (%)	49.11	57.13	36.1	72.34	67.61	38.96	28.59	13.11	10.24	10.24	8.78	5.82	4.12	10.1	10.46
Long-Term Debt/Capital (%)	32.93	36.1	26.29	41.27	38.51	23.93	22.04	11.58	9.23	9.25	8.02	5.47	3.94	9.13	9.44
Long-Term Debt/Total Assets (%)	20.68	24.76	21.12	33.96	29.59	18	16.47	9.31	7.49	7.57	6.6	4.46	3.19	7.35	7.62
Total Debt/Equity (%)	49.11	58.28	37.35	75.26	75.55	62.83	29.69	13.23	10.87	10.73	9.58	6.47	4.6	10.63	10.88
Total Debt/Capital (%)	32.93	36.82	27.19	42.94	43.04	38.59	22.9	11.68	9.81	9.69	8.74	6.07	4.4	9.61	9.81
Total Debt/Total Assets (%)	20.68	25.26	21.84	35.33	33.07	29.02	17.1	9.4	7.95	7.93	7.2	4.96	3.56	7.74	7.92
CFO/Total Liabilities	11.27	17.13	-6.3	-46.27	-26.01	15.15	56.19	70.15	70.27	106.15	79.32	97.44	68.69	-8.04	52.05
CFO/CapEx	1.52	3.76	-1.18	-11.19	-8.07	4.17	3.26	13.31	20.81	12.52	11.25	20.18	13.69	-1.01	8.3
Altman's Z-Score	- -	- -	9.23	10.89	8.54	5.35	14.84	13.89	16.5	14.21	12.81	13.16	14.53	11.6	12.28

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	14.42	9.36	10.6	7.19	8.27	9.1	10.33	8.82	7.98	8.17	7.49	6.93	6.57	6.95	6.55
Days Sales Outstanding	25.31	39.01	34.45	50.77	44.16	40.12	35.32	41.38	45.73	44.67	48.72	52.7	55.58	52.54	55.69
Inventory Turnover	1.43	3.92	5.84	2.71	2.83	3.12	2.9	3.47	3.75	3.28	2.85	2.66	2.1	1.57	1.14
Days Inventory Outstanding	254.87	93.17	62.49	134.64	129.06	116.9	125.66	105.25	97.23	111.12	127.94	137.46	173.42	231.83	319.64
Accounts Payable Turnover	3.49	2.25	1.51	1.29	2.06	3.39	4.57	4.56	5.95	7	5.58	4.76	4.61	5.13	4.88
Accounts Payable Turnover Days	104.52	162.23	241.21	283.12	176.77	107.82	79.91	79.98	61.33	52.14	65.43	76.65	79.24	71.09	74.85
Cash Conversion Cycle	175.67	-30.05	-144.27	-97.7	-3.55	49.2	81.08	66.65	81.64	103.65	111.24	113.51	149.76	213.29	300.48
Inventory to Cash Days	-229.56	-54.17	-28.05	-83.87	-84.9	-76.78	-90.34	-63.87	-51.5	-66.45	-79.22	-84.76	-117.84	-179.29	-263.95
Inventories	112	30	14	31	57	78	112	124	168	281	353	461	739	1,205	1,687
Raw Materials	32	4	- -	9	9	6	21	10	26	46	42	38	79	252	260
Work In Process	47	11	10	21	41	57	74	88	107	161	224	261	525	769	1,197
Finished Goods	33	15	4	2	8	15	17	27	34	73	87	162	135	185	230
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	- -	- -	17,215	28,601	27,332	18,495	38,038	39,811	56,166	60,546	57,239	73,762	104,416	103,048	116,370
- Cash & Cash Equivalents	475	489	569	625	715	1,184	1,665	2,650	3,109	5,988	6,795	10,504	10,369	4,570	5,085
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	142	197	- -	21	154	182	14	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	456	697	507	825	826	841	606	587	662	932	967	900	808	1,744	2,031
Enterprise Value	- -	- -	16,256	28,060	27,270	18,083	36,569	37,230	53,019	54,819	50,682	63,883	94,006	98,676	111,792
Total Capital	1,384	1,893	1,863	1,921	1,920	2,179	2,649	5,022	6,747	9,619	11,067	14,812	18,389	18,154	20,696
Total Debt/Capital (%)	32.93	36.82	27.19	42.94	43.04	38.59	22.9	11.68	9.81	9.69	8.74	6.07	4.4	9.61	9.81
Total Debt / EV	- -	- -	0.03	0.03	0.03	0.05	0.02	0.02	0.01	0.02	0.02	0.01	0.01	0.02	0.02
EV/Sales	- -	- -	13.41	48.35	26.42	10.62	14.69	12.22	12.74	8.83	6.69	7.15	9.53	8.95	9.31
EV/EBITDA	- -	- -	- -	- -	- -	253.5	198.06	52.62	40.65	18.48	17.43	14.34	23.42	- -	25.51
EV/EBIT	- -	- -	- -	- -	- -	1,819.94	296.72	58.62	44.27	19.19	18.22	14.83	24.53	- -	26.79
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	32.76	16.59	18.8	15.31	26.3	- -	30.69
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	34.36	18.01	20.59	16.1	28.35	- -	34.88
Diluted Market Cap	- -	- -	16,561	27,838	26,778	18,226	38,033	40,437	56,530	61,363	58,458	74,361	105,552	103,433	118,206
Diluted Enterprise Value	- -	- -	15,602	27,297	26,715	17,814	36,565	37,856	53,383	55,636	51,901	64,483	95,142	99,061	113,629
EV per Share	- -	- -	69.53	116.07	110.71	72.83	144.4	145.9	204.71	210.93	199.16	248.56	364.79	384.04	440.14
TTM Sales	1,411	1,527	1,212	580	1,032	1,702	2,489	3,048	4,163	6,206	7,574	8,931	9,869	11,020	12,001
TTM EBITDA	149	85	-562	-629	-405	71	185	708	1,304	2,966	2,908	4,456	4,013	-26	4,383
TTM Operating Income	222	49	-157	-641	-465	11	393	664	1,202	2,869	2,779	4,250	3,780	-233	4,554
TTM Cash Flow to Firm	169	- -	- -	- -	- -	- -	- -	- -	1,619	3,304	2,696	4,173	3,574	-559	3,643
TTM Free Cash Flow to Firm	75	- -	- -	- -	- -	- -	- -	- -	1,543	3,044	2,461	3,968	3,315	-1,044	3,205

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	- -	- -	-147.79	-44.59	-65.2	101.51	64.96	34.42	37.84	20.5	24.27	18.94	32.19	-105.76	37.01
EV/EBIT	- -	- -	- -	- -	- -	1,819.94	296.72	58.62	44.27	19.19	18.22	14.83	24.53	- -	26.79
Enterprise Value	- -	- -	16,256	28,060	27,270	18,083	36,569	37,230	53,019	54,819	50,682	63,883	94,006	98,676	111,792
Low Price	- -	- -	62.51	62.07	102.75	74.49	77.08	149.89	164.13	204.54	177.15	218.46	284.55	389.82	369.62
EV/Sales	- -	- -	13.41	48.35	26.42	10.62	14.69	12.22	12.74	8.83	6.69	7.15	9.53	8.95	9.31
EV/EBITDA	- -	- -	- -	- -	- -	253.5	198.06	52.62	40.65	18.48	17.43	14.34	23.42	- -	25.51
Price/Earnings	- -	- -	- -	- -	- -	- -	141.86	18.92	47.31	22.32	24.75	22.13	28.85	- -	29.63
Price/Earnings Average	- -	- -	- -	- -	- -	- -	118.55	20.45	40.49	24.08	22.49	20.94	24.12	- -	28.41
Price/Earnings High	- -	- -	- -	- -	- -	- -	152.83	23.27	48.83	29.02	27.98	24.83	29.2	- -	33.25
Price/Earnings Low	- -	- -	- -	- -	- -	- -	72.8	18.18	35.81	19.6	19.49	16.84	20.26	- -	23.91
Price/Book Value	- -	- -	12.69	26.61	29.08	15.99	18.75	8.98	9.23	6.97	5.67	5.3	5.94	6.28	6.23
Price/Book Value Average	- -	- -	12.89	21.47	32.4	19.52	15.67	9.7	7.9	7.52	5.15	5.02	4.96	7.03	5.98
Price/Book Value High	- -	- -	15.01	27.01	35.68	26.18	20.2	11.04	9.53	9.06	6.41	5.95	6.01	8.07	6.99
Price/Book Value Low	- -	- -	10.77	13.96	26.92	15.99	9.62	8.62	6.99	6.12	4.46	4.04	4.17	6.1	5.03
Price/Tangible Book Value	- -	- -	12.99	28.43	45.16	22.5	19.51	9.08	11.99	8.31	6.58	6.04	6.67	7.11	6.78
Price/Tangible Book Value Average	- -	- -	13.19	22.94	50.32	27.47	16.31	9.81	10.26	8.97	5.98	5.71	5.58	7.96	6.5
Price/Tangible Book Value High	- -	- -	15.36	28.86	55.4	36.84	21.02	11.17	12.38	10.81	7.44	6.77	6.75	9.13	7.61
Price/Tangible Book Value Low	- -	- -	11.03	14.91	41.81	22.5	10.01	8.72	9.08	7.3	5.18	4.59	4.68	6.91	5.47
Price/Sales	- -	- -	13.66	47.96	25.94	10.71	15.02	13.02	13.37	9.75	7.65	8.23	10.58	9.39	9.76
Price/Sales Average	- -	- -	13.87	38.71	28.9	13.07	12.55	14.07	11.45	10.52	6.95	7.79	8.84	10.5	9.36
Price/Sales High	- -	- -	16.16	48.69	31.82	17.53	16.18	16.01	13.8	12.68	8.65	9.24	10.71	12.06	10.95
Price/Sales Low	- -	- -	11.6	25.16	24.02	10.71	7.71	12.51	10.12	8.56	6.03	6.26	7.43	9.12	7.88
Price/Cash Flow	- -	- -	-272.98	-48.57	-73.28	77.19	44.24	31.23	35.48	18.61	21.93	17.8	29.52	-209.97	32.26
Price/Cash Flow Average	- -	- -	-277.19	-39.2	-81.66	94.22	36.97	33.76	30.36	20.07	19.93	16.84	24.68	-235	30.93
Price/Cash Flow High	- -	- -	-322.79	-49.31	-89.9	126.39	47.66	38.42	36.62	24.19	24.79	19.97	29.88	-269.78	36.2
Price/Cash Flow Low	- -	- -	-231.75	-25.48	-67.85	77.19	22.7	30.01	26.85	16.34	17.27	13.55	20.73	-204.09	26.03
Price/Free Cash Flow Average	- -	- -	-150.06	-35.99	-72.65	123.9	54.28	37.21	32.39	22.11	22.06	17.93	26.91	-118.36	35.48
Price/Free Cash Flow High	- -	- -	-174.75	-45.27	-79.99	166.2	69.98	42.34	39.05	26.65	27.44	21.26	32.59	-135.88	41.53
Price/Free Cash Flow Low	- -	- -	-125.46	-23.39	-60.37	101.51	33.33	33.07	28.64	18	19.12	14.42	22.61	-102.8	29.86
EV/Sales Average	- -	- -	13.63	38.84	29.44	13.02	12.18	13.27	10.79	9.6	6	6.71	7.79	10.07	8.91
EV/Sales High	- -	- -	16	49.1	32.42	17.55	15.88	15.22	13.17	11.76	7.68	8.16	9.66	11.62	10.5
EV/Sales Low	- -	- -	11.27	24.92	24.45	10.62	7.25	11.7	9.46	7.64	5.09	5.18	6.38	8.69	7.44
EV/EBITDA Average	- -	- -	- -	- -	- -	310.68	164.21	57.17	34.44	20.09	15.63	13.45	19.16	- -	24.41
EV/EBITDA High	- -	- -	- -	- -	- -	418.72	213.98	65.56	42.03	24.61	20	16.36	23.74	- -	28.74
EV/EBITDA Low	- -	- -	- -	- -	- -	253.5	97.76	50.41	30.18	15.99	13.25	10.38	15.68	- -	20.37
EV/EBIT Average	- -	- -	- -	- -	- -	2,230.51	246.01	63.69	37.52	20.86	16.34	13.91	20.06	- -	25.63
EV/EBIT High	- -	- -	- -	- -	- -	3,006.15	320.58	73.03	45.78	25.55	20.91	16.92	24.87	- -	30.19
EV/EBIT Low	- -	- -	- -	- -	- -	1,819.94	146.47	56.15	32.87	16.61	13.85	10.74	16.42	- -	21.4
Last Price	- -	- -	73.63	118.3	110.97	74.49	150.2	156.02	216.86	232.97	224.93	287	405.19	401.06	458.16
High Price	- -	- -	87.07	120.1	136.14	121.95	161.81	191.91	223.82	302.86	254.32	322.05	410.19	515.3	514.04
Enterprise Value Average	- -	- -	16,522	22,543	30,395	22,162	30,319	40,454	44,925	59,580	45,459	59,923	76,876	110,957	106,980
Enterprise Value High	- -	- -	19,397	28,496	33,471	29,869	39,510	46,388	54,821	72,984	58,162	72,891	95,295	128,029	125,985
Enterprise Value Low	- -	- -	13,656	14,465	25,245	18,083	18,051	35,666	39,362	47,431	38,524	46,267	62,917	95,789	89,303

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	209	217	234	242	246	248	253	255	259	260	254	257	258	257	254
Diluted Weighted Avg Shares	209	212	225	235	241	245	253	259	261	263	260	259	261	258	258
Basic Weighted Avg Shares	205	212	225	235	241	245	249	254	257	260	258	256	258	258	256
Revenue per Share	6.88	7.2	5.39	2.47	4.28	6.96	10	11.98	16.21	23.88	29.39	34.87	38.3	42.73	46.94
EBITDA per Share	0.73	0.4	-2.5	-2.67	-1.68	0.29	0.74	2.78	5.08	11.41	11.28	17.4	15.57	-0.1	17.14
Operating Income per Share	1.08	0.23	-0.7	-2.73	-1.93	0.05	1.58	2.61	4.68	11.04	10.78	16.59	14.67	-0.91	17.81
Basic EPS, GAAP	0.14	-0.5	-1.98	-3.14	-2.31	-0.46	1.06	8.25	4.58	10.44	9.09	12.97	14.05	-2.08	15.46
Basic EPS from Cont Ops	0.2	0.15	-2.24	-3.15	-2.44	-0.34	0.37	8.21	4.58	10.44	9.09	12.97	14.05	-2.08	15.46
Diluted EPS, GAAP	0.14	-0.5	-1.98	-3.14	-2.31	-0.46	1.04	8.09	4.51	10.3	9.01	12.82	13.89	-2.08	15.32
Diluted EPS from Cont Ops	0.2	0.15	-2.24	-3.15	-2.44	-0.34	0.36	8.05	4.51	10.3	9.01	12.82	13.89	-2.08	15.32
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	0.7	1.26	-0.27	-2.44	-1.51	0.96	3.4	5	6.11	12.52	10.26	16.13	13.73	-1.91	14.2
Free Cash Flow per Basic Share	0.24	0.93	-0.5	-2.65	-1.7	0.73	2.35	4.62	5.82	11.52	9.35	15.33	12.72	-3.79	12.49
Cash & Equivalents per Share	4.63	6.08	6.27	5.74	4.23	5.78	8.25	12.42	14.7	25.62	29.57	41.94	43.53	23.8	26.02
Book Value per Share	3.76	4.6	5.8	4.45	3.82	4.66	8.01	17.38	23.5	33.42	39.69	54.13	68.22	63.87	73.49
Tangible Book Value per Share	0.44	1.4	5.67	4.16	2.46	3.31	7.7	17.18	18.08	28.03	34.18	47.55	60.74	56.42	67.54