Honeywell International Inc. Financial Ratios — HON 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 (%)	19.25	24.61	25.78	24.14	26.53	25.56	8.61	39.01	33.5	26.52	30.69	28.16	34.76	33.1	29.08
Return on Assets (%)	5.32	7.17	8.99	9.33	10.06	9.3	2.72	11.54	10.55	7.75	8.59	7.84	9.14	8.35	6.35
Return on Capital (%)	13.19	16.27	17.45	16.47	17.11	15.22	4.51	20.36	18.14	13.04	14.19	13.6	16.46	14.59	11.36
Return on Invested Capital (%)	11.9	15.64	16.53	15.96	17.2	13.97	4.07	16.74	16.01	10.87	11.65	11.92	12.65	11.27	8.01
Gross Margin (%)	21.83	24.89	27.37	28.16	30.67	29.58	30.57	30.52	33.7	32.07	35.85	36.99	37.48	38.47	36.93
EBITDA Margin (%)	9.83	13.51	16.57	16.73	19.98	18.47	18.24	17.94	21.62	18.95	21.41	20.36	21.52	21.72	17.29
Operating Margin (%)	7.05	11.03	14.09	14.47	17.7	15.4	15.55	16.04	18.66	17.45	18.03	18.12	18.51	19.21	17.54
Incremental Operating Margin (%)	- -	139.26	96.76	26.38	- -	- -	20.45	31.7	- -	28.36	28.72	21.14	12.9	32.67	- -
Pretax Margin (%)	6.25	10.29	13.86	14.43	17.07	16.42	17.15	17.91	20.59	18.42	21.04	17.99	18.76	17.99	14.63
Profit Margin (%)	5.66	7.77	10.05	10.52	12.36	12.24	3.81	16.18	16.73	14.64	16.11	14	17.14	16.43	12.63
Net Income to Common Margin (%)	5.66	7.77	10.05	10.52	12.36	12.24	3.81	16.18	16.73	14.64	16.11	14	17.14	16.43	12.63
Effective Tax Rate (%)	18.27	24.36	26.79	25.59	26.4	24.85	77.15	8.8	17.58	19.08	22.46	22.14	20.38	20	18.41
Dvd Payout Ratio (%)	58.28	41.25	33.83	34.17	35.04	39.19	129.92	32.97	38.66	52.35	46.25	54.73	57.76	57.69	65.97
Sustainable Growth Rate (%)	8.03	14.46	17.06	15.89	17.24	15.54	-2.58	26.15	20.55	12.64	16.5	12.75	14.68	14	9.9

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	7,555	7,496	8,829	8,683	12,068	15,775	17,882	16,214	16,707	23,212	20,631	20,537	21,536	32,077	35,563
ST Debt	674	1,101	2,028	2,637	6,514	3,593	5,309	6,458	5,063	6,229	5,530	4,639	4,077	5,774	7,613
LT Debt	6,881	6,395	6,801	6,046	5,554	12,182	12,573	9,756	11,644	16,983	15,101	15,898	17,459	26,303	27,950
Total Debt/EBITDA	2.1	1.47	1.36	1.29	1.57	2.17	2.42	2.16	2.1	3.75	2.8	2.84	3.03	4.25	5.49
Net Debt/EBITDA	1.07	0.56	0.37	0.26	0.86	1.09	1.46	0.92	0.87	1.31	1.17	1.38	1.76	2.8	3.41
Total Debt/EBIT	2.87	1.8	1.61	1.49	1.77	2.53	2.85	2.54	2.44	4.48	3.36	3.41	3.53	5.02	7
Net Debt/EBIT	1.46	0.69	0.44	0.3	0.97	1.27	1.72	1.09	1.01	1.56	1.41	1.65	2.05	3.31	4.35
EBITDA to Interest Expense	9.55	14.49	19.79	21.21	24.87	21.48	23.4	20.44	22.24	17.23	21.47	17.44	9.48	7.19	4.82
EBITDA-CapEx/Interest Expense	7.43	11.97	16.89	17.77	21.41	18.24	20.14	18.18	19.89	14.71	21.47	17.44	9.48	7.19	4.82
EBIT to Interest Expense	6.85	11.84	16.82	18.34	22.03	17.9	19.95	18.27	19.19	15.87	18.08	15.52	8.16	6.36	4.89
Interest Expense	376	351	327	318	310	338	316	367	357	359	343	414	749	1,048	1,344
Common Equity/Total Assets	27.15	31	38.44	38.85	37.07	35.77	27.75	31.47	31.52	27.17	28.8	26.81	25.77	24.76	18.87
Long-Term Debt/Equity (%)	63.12	48.39	38.32	33.58	29.69	62.31	75.42	53.12	62.22	95.43	78.45	91.76	106.19	137.27	185.96
Long-Term Debt/Capital (%)	37.28	30.88	25.59	22.66	18.05	34.49	36.39	28.21	32.87	41.41	37.87	41.99	45.97	51.33	55.24
Long-Term Debt/Total Assets (%)	17.29	15.28	14.97	13.3	11.26	22.5	21.14	16.89	19.84	26.3	23.42	25.53	28.38	34.98	37.93
Total Debt/Equity (%)	69.3	56.72	49.75	48.23	64.51	80.69	107.27	88.29	89.28	130.43	107.18	118.53	130.99	167.41	236.61
Total Debt/Capital (%)	40.93	36.19	33.22	32.54	39.21	44.66	51.75	46.89	47.17	56.6	51.73	54.24	56.71	62.6	70.29
Total Debt/Total Assets (%)	18.98	17.91	19.43	19.1	24.47	29.13	30.07	28.07	28.47	35.94	32	32.98	35	42.66	48.27
Net Debt to Equity	35.38	21.66	13.56	9.58	35.35	40.57	64.93	37.72	37.06	45.56	44.89	57.39	76.14	110.29	146.99
Net Debt/Capital (%)	26.13	17.8	11.94	8.74	26.12	28.86	39.37	27.39	26.32	30.33	29.87	35.21	41.65	51.13	57.98
EBITDA	3,592	5,087	6,470	6,744	7,710	7,259	7,395	7,500	7,938	6,186	7,365	7,221	7,104	7,539	6,472
EBITDA-CapEx	2,794	4,203	5,523	5,650	6,637	6,164	6,364	6,672	7,099	5,280	7,365	7,221	7,104	7,539	6,472
Operating Income (Loss)	2,574	4,156	5,501	5,831	6,828	6,051	6,303	6,705	6,851	5,696	6,200	6,427	6,110	6,668	6,567

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	0.34	0.36	0.45	0.47	0.3	0.57	0.57	0.58	0.58	0.79	0.59	0.51	0.44	0.48	0.55
Current Ratio	1.31	1.35	1.49	1.5	1.09	1.41	1.38	1.29	1.34	1.47	1.3	1.25	1.27	1.31	1.3
Quick Ratio	0.93	0.92	1.01	1.01	0.74	1.07	1.04	0.97	0.99	1.15	0.94	0.88	0.84	0.83	0.88
CFO/Avg Current Liab	0.24	0.28	0.32	0.35	0.33	0.32	0.34	0.34	0.37	0.33	0.31	0.27	0.28	0.31	0.29
Common Equity/Total Assets	27.15	31	38.44	38.85	37.07	35.77	27.75	31.47	31.52	27.17	28.8	26.81	25.77	24.76	18.87
Long-Term Debt/Equity (%)	63.12	48.39	38.32	33.58	29.69	62.31	75.42	53.12	62.22	95.43	78.45	91.76	106.19	137.27	185.96
Long-Term Debt/Capital (%)	37.28	30.88	25.59	22.66	18.05	34.49	36.39	28.21	32.87	41.41	37.87	41.99	45.97	51.33	55.24
Long-Term Debt/Total Assets (%)	17.29	15.28	14.97	13.3	11.26	22.5	21.14	16.89	19.84	26.3	23.42	25.53	28.38	34.98	37.93
Total Debt/Equity (%)	69.3	56.72	49.75	48.23	64.51	80.69	107.27	88.29	89.28	130.43	107.18	118.53	130.99	167.41	236.61
Total Debt/Capital (%)	40.93	36.19	33.22	32.54	39.21	44.66	51.75	46.89	47.17	56.6	51.73	54.24	56.71	62.6	70.29
Total Debt/Total Assets (%)	18.98	17.91	19.43	19.1	24.47	29.13	30.07	28.07	28.47	35.94	32	32.98	35	42.66	48.27
CFO/Total Liabilities	9.8	12.28	15.66	18.51	18.03	15.89	13.94	16.33	17.26	13.27	13.35	11.73	11.84	10.88	10.93
CFO/CapEx	3.55	3.98	4.58	4.64	5.14	5.02	5.79	7.77	8.22	6.85	- -	- -	- -	- -	- -
Altman's Z-Score	3.32	3.67	- -	- -	- -	4.09	3.56	- -	4.18	4.11	4.57	4.73	4.16	3.71	3.66

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	- -	5.43	5.4	5.26	4.92	4.89	4.76	5.11	4.89	4.56	5.04	4.97	4.41	4.7	5.04
Days Sales Outstanding	- -	67.19	67.62	69.36	74.21	74.66	76.73	71.49	74.58	80.07	72.47	73.43	82.77	77.68	72.47
Inventory Turnover	6.95	6.66	6.65	6.66	6.06	6.3	6.27	6.5	5.57	4.98	4.58	4.19	3.52	3.54	3.92
Days Inventory Outstanding	52.55	54.83	54.87	54.82	60.21	57.93	58.22	56.16	65.59	73.35	79.64	87.19	103.61	103.06	93.1
Accounts Payable Turnover	6.36	5.97	5.74	5.52	4.89	4.9	4.63	4.72	4.31	3.87	3.71	3.55	3.23	3.25	3.85
Accounts Payable Turnover Days	57.43	61.18	63.63	66.17	74.64	74.46	78.9	77.36	84.68	94.22	98.31	102.8	113.03	112.26	94.91
Cash Conversion Cycle	- -	60.83	58.85	58.01	59.79	58.13	56.06	50.29	55.49	59.21	53.8	57.82	73.34	68.48	70.67
Inventory to Cash Days	- -	12.36	12.75	14.54	14	16.72	18.51	15.32	8.99	6.73	-7.17	-13.76	-20.84	-25.38	-20.63
Inventories	4,264	4,235	4,293	4,405	4,420	4,366	4,613	4,326	4,421	4,489	5,138	5,538	6,178	5,884	6,162
Raw Materials	1,222	1,152	1,121	1,124	1,120	1,104	1,193	1,109	1,056	1,079	1,352	1,407	1,704	1,447	1,638
Work In Process	958	859	841	815	826	775	790	811	817	798	861	1,049	1,217	1,153	1,203
Finished Goods	2,253	2,421	2,497	2,634	2,590	2,552	2,669	2,445	2,593	2,612	2,925	3,082	3,257	3,284	3,321
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	23,323	30,681	- -	- -	- -	40,849	43,329	- -	76,296	115,963	131,568	127,712	76,894	79,302	61,464
- Cash & Cash Equivalents	3,698	4,634	6,422	6,959	5,455	7,843	7,059	9,287	9,067	14,275	10,959	9,627	7,925	9,906	12,487
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	96	240	279	346	425	181	168	185	219	248	680	629	585	542	1,126
+ Total Debt	7,555	7,496	8,829	8,683	12,068	15,775	17,882	16,214	16,707	23,212	20,631	20,537	21,536	32,077	35,563
Enterprise Value	26,792	33,783	- -	- -	- -	47,442	50,562	- -	82,806	124,203	141,356	138,768	90,920	101,629	85,223
Total Capital	18,457	20,711	26,575	26,686	30,776	35,325	34,552	34,579	35,420	41,009	39,880	37,863	37,977	51,238	50,593
Total Debt/Capital (%)	40.93	36.19	33.22	32.54	39.21	44.66	51.75	46.89	47.17	56.6	51.73	54.24	56.71	62.6	70.29
Total Debt / EV	0.28	0.22	- -	- -	- -	0.33	0.35	- -	0.2	0.19	0.15	0.15	0.24	0.32	0.42
EV/Sales	0.73	0.9	- -	- -	- -	1.21	1.25	- -	2.26	3.81	4.11	3.91	2.75	2.93	2.28
EV/EBITDA	7.46	6.64	- -	- -	- -	6.54	6.84	- -	10.43	20.08	19.19	19.22	12.8	13.48	13.17
EV/EBIT	10.17	8.12	- -	- -	- -	7.62	8.05	- -	12.09	23.96	23.01	23.06	14.9	15.91	16.76
EV/Cash Flow to Firm	8.53	8.93	- -	- -	- -	8.25	8.37	- -	11.51	19.11	22.42	24.8	15.32	14.65	11.36
EV/Free Cash Flow to Firm	11.44	11.66	- -	- -	- -	10.19	10.1	- -	13.04	22.21	22.42	24.8	15.32	14.65	11.36
Diluted Market Cap	23,832	31,038	- -	- -	- -	41,628	44,553	- -	78,356	118,359	134,565	130,677	78,829	79,973	62,190
Diluted Enterprise Value	27,301	34,140	- -	- -	- -	48,221	51,786	- -	84,866	126,599	144,353	141,733	92,855	102,300	85,949
EV per Share	9.26	11.55	- -	- -	- -	16.69	18.03	- -	31.17	47.72	55.26	55.64	37.34	41.87	35.91
TTM Sales	36,529	37,665	39,055	40,306	38,581	39,302	40,534	41,802	36,709	32,637	34,392	35,466	33,009	34,717	37,442
TTM EBITDA	3,592	5,087	6,470	6,744	7,710	7,259	7,395	7,500	7,938	6,186	7,365	7,221	7,104	7,539	6,472
TTM Operating Income	2,574	4,156	5,501	5,831	6,828	6,051	6,303	6,705	6,851	5,696	6,200	6,427	6,110	6,668	6,567
TTM Cash Flow to Firm	3,140	3,782	4,574	5,317	5,747	5,752	6,038	6,769	7,191	6,499	6,304	5,596	5,936	6,935	7,505
TTM Free Cash Flow to Firm	2,342	2,898	3,627	4,223	4,674	4,657	5,007	5,941	6,352	5,593	6,304	5,596	5,936	6,935	7,505

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	11.71	11.79	- -	- -	- -	9.45	9.03	- -	12.93	22.32	22.29	24.78	14.76	13.12	9.71
EV/EBIT	10.17	8.12	- -	- -	- -	7.62	8.05	- -	12.09	23.96	23.01	23.06	14.9	15.91	16.76
Enterprise Value	26,792	33,783	- -	- -	- -	47,442	50,562	- -	82,806	124,203	141,356	138,768	90,920	101,629	85,223
Low Price	8.06	10.49	- -	- -	- -	14.37	15.45	- -	28.72	28.06	38.56	39.24	28.34	28.98	24.1
EV/Sales	0.73	0.9	- -	- -	- -	1.21	1.25	- -	2.26	3.81	4.11	3.91	2.75	2.93	2.28
EV/EBITDA	7.46	6.64	- -	- -	- -	6.54	6.84	- -	10.43	20.08	19.19	19.22	12.8	13.48	13.17
Price/Earnings	11.37	10.48	- -	- -	- -	8.53	28.46	- -	12.59	24.52	24	26.08	13.82	13.92	13.07
Price/Earnings Average	11.37	10.55	- -	- -	- -	8.53	28.46	- -	12.59	22.91	23.35	24.35	22.1	14.43	14.34
Price/Earnings High	11.37	10.69	- -	- -	- -	8.53	28.46	- -	12.59	28.82	28.51	30.13	31	18.43	16.56
Price/Earnings Low	11.37	10.48	- -	- -	- -	8.53	28.46	- -	12.59	15.44	17.99	19.99	12.41	12.35	12.17
Price/Book Value	2.16	2.36	- -	- -	- -	2.11	2.63	- -	4.13	6.61	7.09	7.65	4.85	4.26	4.42
Price/Book Value Average	2.16	2.38	- -	- -	- -	2.11	2.63	- -	4.13	6.17	6.89	7.14	7.75	4.41	4.85
Price/Book Value High	2.16	2.41	- -	- -	- -	2.11	2.63	- -	4.13	7.77	8.42	8.83	10.88	5.64	5.6
Price/Book Value Low	2.16	2.36	- -	- -	- -	2.11	2.63	- -	4.13	4.16	5.31	5.86	4.35	3.78	4.11
Price/Tangible Book Value	-6.61	-16.16	- -	- -	- -	-13.74	-6.91	- -	-95.01	-56.05	-46.99	-31.75	-14.18	-8.79	-4.42
Price/Tangible Book Value Average	-6.61	-16.27	- -	- -	- -	-13.74	-6.91	- -	-95.01	-52.37	-45.71	-29.64	-22.66	-9.11	-4.85
Price/Tangible Book Value High	-6.61	-16.48	- -	- -	- -	-13.74	-6.91	- -	-95.01	-65.88	-55.82	-36.67	-31.8	-11.64	-5.6
Price/Tangible Book Value Low	-6.61	-16.16	- -	- -	- -	-13.74	-6.91	- -	-95.01	-35.3	-35.22	-24.33	-12.72	-7.8	-4.11
Price/Sales	0.64	0.81	- -	- -	- -	1.04	1.08	- -	2.11	3.59	3.87	3.65	2.37	2.29	1.65
Price/Sales Average	0.64	0.82	- -	- -	- -	1.04	1.08	- -	2.11	3.35	3.76	3.41	3.79	2.37	1.81
Price/Sales High	0.64	0.83	- -	- -	- -	1.04	1.08	- -	2.11	4.22	4.59	4.22	5.31	3.03	2.09
Price/Sales Low	0.64	0.81	- -	- -	- -	1.04	1.08	- -	2.11	2.26	2.9	2.8	2.13	2.03	1.54
Price/Cash Flow	8.3	8.72	- -	- -	- -	7.46	7.37	- -	11.22	18.88	22.03	24.56	14.65	13.03	9.65
Price/Cash Flow Average	8.3	8.78	- -	- -	- -	7.46	7.37	- -	11.22	17.64	21.43	22.93	23.41	13.5	10.58
Price/Cash Flow High	8.3	8.89	- -	- -	- -	7.46	7.37	- -	11.22	22.19	26.17	28.37	32.85	17.24	12.22
Price/Cash Flow Low	8.3	8.72	- -	- -	- -	7.46	7.37	- -	11.22	11.89	16.51	18.82	13.15	11.56	8.98
Price/Free Cash Flow Average	11.71	11.87	- -	- -	- -	9.45	9.03	- -	12.93	20.86	21.68	23.13	23.6	13.59	10.64
Price/Free Cash Flow High	11.71	12.02	- -	- -	- -	9.45	9.03	- -	12.93	26.24	26.47	28.62	33.11	17.36	12.3
Price/Free Cash Flow Low	11.71	11.79	- -	- -	- -	9.45	9.03	- -	12.93	14.06	16.71	18.99	13.25	11.63	9.03
EV/Sales Average	0.73	0.9	- -	- -	- -	1.21	1.25	- -	2.26	3.57	4.01	3.67	4.15	3.01	2.43
EV/Sales High	0.73	0.91	- -	- -	- -	1.21	1.25	- -	2.26	4.43	4.83	4.47	5.65	3.67	2.71
EV/Sales Low	0.73	0.9	- -	- -	- -	1.21	1.25	- -	2.26	2.49	3.15	3.07	2.52	2.67	2.16
EV/EBITDA Average	7.46	6.68	- -	- -	- -	6.54	6.84	- -	10.43	18.85	18.71	18.04	19.28	13.86	14.09
EV/EBITDA High	7.46	6.76	- -	- -	- -	6.54	6.84	- -	10.43	23.37	22.55	21.96	26.25	16.88	15.7
EV/EBITDA Low	7.46	6.64	- -	- -	- -	6.54	6.84	- -	10.43	13.14	14.72	15.08	11.69	12.29	12.51
EV/EBIT Average	10.17	8.17	- -	- -	- -	7.62	8.05	- -	12.09	22.49	22.43	21.65	22.45	16.36	17.93
EV/EBIT High	10.17	8.27	- -	- -	- -	7.62	8.05	- -	12.09	27.88	27.04	26.35	30.57	19.93	19.99
EV/EBIT Low	10.17	8.12	- -	- -	- -	7.62	8.05	- -	12.09	15.68	17.65	18.1	13.61	14.51	15.93
Last Price	8.06	10.49	- -	- -	- -	14.37	15.45	- -	28.72	44.55	51.43	51.21	31.58	32.67	25.9
High Price	8.06	10.7	- -	- -	- -	14.37	15.45	- -	28.72	52.37	61.1	59.15	70.83	43.24	32.82
Enterprise Value Average	26,792	33,992	- -	- -	- -	47,442	50,562	- -	82,806	116,596	137,771	130,280	136,948	104,492	91,167
Enterprise Value High	26,792	34,396	- -	- -	- -	47,442	50,562	- -	82,806	144,551	166,078	158,563	186,488	127,287	101,641
Enterprise Value Low	26,792	33,783	- -	- -	- -	47,442	50,562	- -	82,806	81,272	108,417	108,912	83,036	92,668	80,964

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	2,894	2,924	2,928	2,922	2,847	2,842	2,805	2,725	2,656	2,603	2,558	2,494	2,435	2,427	2,373
Diluted Weighted Avg Shares	2,957	2,958	2,978	2,971	2,948	2,896	2,884	2,813	2,728	2,657	2,616	2,552	2,496	2,448	2,401
Basic Weighted Avg Shares	2,917	2,923	2,938	2,930	2,913	2,855	2,847	2,776	2,693	2,630	2,586	2,529	2,477	2,431	2,387
Revenue per Share	12.52	12.89	13.29	13.76	13.24	13.77	14.24	15.06	13.63	12.41	13.3	14.02	13.33	14.28	15.69
EBITDA per Share	1.23	1.74	2.2	2.3	2.65	2.54	2.6	2.7	2.95	2.35	2.85	2.85	2.87	3.1	2.71
Operating Income per Share	0.88	1.42	1.87	1.99	2.34	2.12	2.21	2.42	2.54	2.17	2.4	2.54	2.47	2.74	2.75
Basic EPS, GAAP	0.71	1	1.34	1.45	1.64	1.69	0.54	2.44	2.28	1.82	2.14	1.96	2.28	2.35	1.98
Basic EPS from Cont Ops	0.64	1	1.35	1.48	1.66	1.7	0.56	2.46	2.31	1.85	2.17	1.96	1.99	2.05	1.87
Diluted EPS, GAAP	0.7	0.99	1.32	1.43	1.62	1.66	0.54	2.41	2.25	1.8	2.12	1.95	2.27	2.33	1.97
Diluted EPS from Cont Ops	0.63	0.99	1.33	1.46	1.64	1.67	0.55	2.43	2.28	1.83	2.14	1.95	1.97	2.04	1.86
Dividend per Share	0.37	0.41	0.46	0.52	0.59	0.67	0.74	0.82	0.91	0.99	1.02	1.07	1.15	1.19	1.25
Cash Flow per Share	0.97	1.2	1.48	1.73	1.89	1.93	2.1	2.32	2.56	2.36	2.33	2.09	2.16	2.51	2.68
Free Cash Flow per Basic Share	0.7	0.9	1.15	1.36	1.53	1.54	1.73	2.02	2.25	2.02	2.33	2.09	2.16	2.51	2.68
Cash & Equivalents per Share	1.45	1.58	2.19	2.38	1.92	3.29	3.86	4	3.92	5.85	4.5	4.05	3.32	4.24	5.45
Book Value per Share	3.73	4.44	5.97	6.04	6.42	6.82	5.88	6.67	6.96	6.74	7.26	6.7	6.51	7.67	5.86
Tangible Book Value per Share	-1.22	-0.65	0.65	0.91	-0.77	-1.05	-2.24	-0.55	-0.3	-0.79	-1.09	-1.61	-2.23	-3.72	-5.86