International Business Machines Corporation Financial Ratios — IBM

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 (%)	73.43	85.15	79.15	69.37	100.96	73.04	32.1	50.76	50.12	26.98	29.07	8.03	33.73	24.17	35.34
Return on Assets (%)	13.79	14.09	13.43	9.87	11.58	10.42	4.74	7.02	6.84	3.63	3.99	1.27	5.72	4.42	7.33
Return on Capital (%)	31.28	32.66	29.27	21.5	25.38	21.73	9.69	14.59	14.17	- -	8.59	- -	11.21	- -	- -
Return on Invested Capital (%)	29.29	29.96	27.33	23.47	23.01	21.71	9.86	14.41	8.7	- -	7.94	- -	9.52	- -	- -
Gross Margin (%)	46.89	48.95	49.49	50.01	49.77	48.19	46.68	46.41	54.64	55.94	54.9	54	55.45	56.65	58.19
EBITDA Margin (%)	24.51	26.08	25.41	24.81	23.91	22.44	22.02	21.4	22.44	15.09	22.9	21.39	21.58	23.32	24.94
Operating Margin (%)	20.5	22.35	21.86	21.92	20.2	18.36	16.6	16.61	13.06	8.45	11.97	13.5	15.17	16.05	18.5
Incremental Operating Margin (%)	27.49	- -	33.07	20.84	34.66	100.49	196.93	17.26	25.96	113.45	101.43	41.18	90.83	77.49	50.55
Pretax Margin (%)	19.64	21.91	20.58	21.54	19.51	15.43	14.41	14.25	12.49	4.66	8.43	1.91	14.05	9.24	15.29
Profit Margin (%)	14.83	16.14	16.76	12.96	16.14	14.85	7.27	10.97	16.34	10.13	10.01	2.71	12.13	9.6	15.68
Net Income to Common Margin (%)	14.83	16.14	16.76	12.96	16.14	14.85	7.27	10.97	16.34	10.13	10.01	2.71	12.13	9.6	15.68
Effective Tax Rate (%)	24.51	24.58	16.61	21.18	16.19	3.64	49.49	23.09	0.83	- -	2.56	- -	13.53	- -	- -
Dvd Payout Ratio (%)	21.9	22.2	24.04	27.08	36.64	44.24	95.62	64.95	79.86	147.43	124.55	333.6	80.38	102.19	59.17
Sustainable Growth Rate (%)	57.35	66.25	60.12	50.59	63.96	40.73	1.41	17.79	10.09	-12.8	-7.14	-18.76	6.62	-0.53	14.43

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	31,322	33,270	39,719	40,722	39,889	42,168	46,823	45,812	68,158	65,088	55,139	54,013	59,935	58,396	64,607
ST Debt	8,465	9,182	6,863	5,731	6,461	7,513	6,986	10,207	10,177	8,151	7,760	5,634	7,246	5,857	7,224
LT Debt	22,857	24,088	32,856	34,991	33,428	34,655	39,837	35,605	57,981	56,937	47,379	48,379	52,689	52,539	57,383
Total Debt/EBITDA	1.2	1.24	1.59	1.77	2.04	2.35	2.69	2.69	5.26	7.82	4.2	4.17	4.49	3.99	3.84
Net Debt/EBITDA	0.74	0.85	1.16	1.4	1.65	1.92	2	2.02	4.23	5.78	3.43	3.33	3.26	2.8	2.83
Total Debt/EBIT	1.46	1.5	1.96	2.2	2.54	3.11	3.63	3.65	9.89	39.91	8.21	6.63	6.7	5.86	5.46
Net Debt/EBIT	0.91	1.03	1.43	1.74	2.05	2.53	2.7	2.74	7.94	29.52	6.71	5.29	4.86	4.11	4.03
EBITDA to Interest Expense	63.77	58.46	62.17	47.57	41.76	28.47	28.33	23.56	9.64	6.46	11.37	10.65	8.31	8.55	8.7
EBITDA-CapEx/Interest Expense	52.41	48.18	51.87	38.93	32.89	21.88	22.2	18.07	7.47	3.96	8.98	9.03	7.18	7.57	7.81
EBIT to Interest Expense	53.34	50.09	53.48	42.02	35.27	23.3	21.36	18.28	5.61	3.62	5.94	6.72	5.84	5.88	6.46
Interest Expense	411	459	402	484	468	630	615	723	1,344	1,288	1,155	1,216	1,607	1,712	1,935
Common Equity/Total Assets	17.3	15.82	18.06	10.12	12.91	15.53	14.04	13.61	13.69	13.21	14.32	17.25	16.66	19.91	21.5
Long-Term Debt/Equity (%)	112.96	126.89	143.29	291.25	231.75	188.42	224.75	210.31	276.3	274.71	249.42	219.69	233	191.8	175.26
Long-Term Debt/Capital (%)	44.33	46.1	52.45	66.35	61.55	57.22	61.72	56.75	65.04	66.35	63.91	63.63	63.83	61.24	58.95
Long-Term Debt/Total Assets (%)	19.63	20.21	26.03	29.84	30.25	29.5	31.78	28.86	38.1	36.5	35.89	38.02	38.96	38.3	37.78
Total Debt/Equity (%)	154.79	175.25	173.23	338.95	276.55	229.27	264.16	270.6	324.79	314.04	290.27	245.28	265.05	213.18	197.33
Total Debt/Capital (%)	60.75	63.67	63.4	77.22	73.44	69.63	72.54	73.02	76.46	75.85	74.38	71.04	72.61	68.07	66.37
Total Debt/Total Assets (%)	26.9	27.91	31.47	34.72	36.1	35.9	37.35	37.13	44.79	41.73	41.77	42.45	44.32	42.57	42.54
Net Debt to Equity	95.87	120.41	126.49	268.4	223.26	186.72	196.62	203.38	260.79	232.29	237.17	195.55	192.27	149.77	145.61
Net Debt/Capital (%)	48.95	54.63	55.85	72.86	69.07	65.12	66.29	67.04	67.59	66.29	66.76	63.19	62.58	57.11	56.92
EBITDA	26,209	26,832	24,991	23,024	19,545	17,933	17,426	17,032	12,953	8,326	13,136	12,947	13,348	14,637	16,843
EBITDA-CapEx	21,542	22,115	20,851	18,841	15,394	13,783	13,653	13,068	10,046	5,096	10,368	10,975	11,538	12,952	15,105
Operating Income (Loss)	21,922	22,990	21,500	20,338	16,508	14,677	13,139	13,217	7,538	4,662	6,865	8,174	9,382	10,074	12,492

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	0.28	0.26	0.28	0.21	0.24	0.24	0.34	0.31	0.24	0.35	0.22	0.28	0.39	0.44	0.37
Current Ratio	1.21	1.13	1.28	1.2	1.24	1.21	1.33	1.29	1.02	0.98	0.88	0.92	0.96	1.04	0.96
Quick Ratio	0.98	0.96	1.07	1.02	1.07	1.04	1.18	1.11	0.87	0.77	0.66	0.73	0.8	0.86	0.8
CFO/Avg Current Liab	0.48	0.46	0.42	0.42	0.47	0.48	0.45	0.4	0.39	0.47	0.35	0.32	0.42	0.4	0.37
Common Equity/Total Assets	17.3	15.82	18.06	10.12	12.91	15.53	14.04	13.61	13.69	13.21	14.32	17.25	16.66	19.91	21.5
Long-Term Debt/Equity (%)	112.96	126.89	143.29	291.25	231.75	188.42	224.75	210.31	276.3	274.71	249.42	219.69	233	191.8	175.26
Long-Term Debt/Capital (%)	44.33	46.1	52.45	66.35	61.55	57.22	61.72	56.75	65.04	66.35	63.91	63.63	63.83	61.24	58.95
Long-Term Debt/Total Assets (%)	19.63	20.21	26.03	29.84	30.25	29.5	31.78	28.86	38.1	36.5	35.89	38.02	38.96	38.3	37.78
Total Debt/Equity (%)	154.79	175.25	173.23	338.95	276.55	229.27	264.16	270.6	324.79	314.04	290.27	245.28	265.05	213.18	197.33
Total Debt/Capital (%)	60.75	63.67	63.4	77.22	73.44	69.63	72.54	73.02	76.46	75.85	74.38	71.04	72.61	68.07	66.37
Total Debt/Total Assets (%)	26.9	27.91	31.47	34.72	36.1	35.9	37.35	37.13	44.79	41.73	41.77	42.45	44.32	42.57	42.54
CFO/Total Liabilities	20.63	19.54	16.93	16.03	17.96	17.24	15.54	14.32	11.26	13.45	11.32	9.92	12.37	12.25	11.07
CFO/CapEx	4.25	4.15	4.22	4.03	4.16	4.12	4.43	3.85	5.08	5.63	4.62	5.29	7.7	7.98	7.59
Altman's Z-Score	4.57	4.89	4.74	4.89	5.11	5.06	4.53	4.55	4.59	4.15	5.73	6.22	5.64	5.91	5.87

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	9.24	9.42	9.31	9.49	9.38	9.13	8.74	9.73	7.54	8.08	9.14	9.11	8.99	8.95	9.06
Days Sales Outstanding	39.51	38.76	39.21	38.46	38.9	40	41.76	37.51	48.39	45.18	39.92	40.08	40.58	40.77	40.31
Inventory Turnover	22.51	21.51	21.62	21.02	22.47	26.68	26.91	26.13	15.86	14.17	14.95	17.4	20.32	22.2	22.51
Days Inventory Outstanding	16.22	16.97	16.89	17.36	16.24	13.68	13.56	13.97	23.01	25.75	24.42	20.98	17.97	16.44	16.21
Accounts Payable Turnover	6.98	6.34	6.45	6.45	6.28	6.77	6.67	6.57	4.56	5.49	6.44	6.93	6.64	6.7	6.41
Accounts Payable Turnover Days	52.33	57.57	56.59	56.61	58.09	53.94	54.72	55.53	80.04	66.49	56.72	52.66	54.97	54.52	56.93
Cash Conversion Cycle	3.4	-1.85	-0.5	-0.79	-2.95	-0.26	0.61	-4.05	-8.64	4.44	7.62	8.41	3.58	2.69	-0.41
Inventory to Cash Days	23.29	21.79	22.32	21.1	22.66	26.31	28.2	23.54	25.38	19.43	15.5	19.1	22.61	24.33	24.09
Inventories	2,595	2,287	2,310	2,103	1,551	1,553	1,583	1,682	1,619	1,812	1,649	1,552	1,161	1,289	1,220
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	2,007	1,812	1,866	1,674	1,199	1,195	1,250	1,415	1,399	1,649	1,442	1,394	1,083	1,155	990
Finished Goods	589	475	444	430	352	358	333	266	220	163	208	158	78	134	230
Other Inventory	-1	- -	- -	-1	- -	- -	- -	1	- -	- -	-1	- -	- -	- -	- -

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	110,749	137,441	127,029	97,797	69,165	77,338	68,180	48,215	138,012	176,917	221,494	232,757	169,118	220,684	279,683
- Cash & Cash Equivalents	11,922	10,412	10,716	8,476	7,686	7,826	11,972	11,379	8,172	13,188	6,650	7,886	13,068	13,947	13,587
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	97	124	137	146	162	146	131	134	144	129	95	77	80	86	93
+ Total Debt	31,322	33,270	39,719	40,722	39,889	42,168	46,823	45,812	68,158	65,088	55,139	54,013	59,935	58,396	64,607
Enterprise Value	130,246	159,706	155,819	130,189	101,022	111,125	102,554	82,164	197,446	228,346	269,478	278,109	215,692	264,575	329,966
Total Capital	51,557	52,254	62,648	52,736	54,313	60,560	64,548	62,742	89,143	85,814	74,135	76,034	82,548	85,789	97,348
Total Debt/Capital (%)	60.75	63.67	63.4	77.22	73.44	69.63	72.54	73.02	76.46	75.85	74.38	71.04	72.61	68.07	66.37
Total Debt / EV	0.24	0.21	0.25	0.31	0.39	0.38	0.46	0.56	0.35	0.29	0.2	0.19	0.28	0.22	0.2
EV/Sales	1.22	1.55	1.58	1.4	1.24	1.39	1.3	1.03	3.42	4.14	4.7	4.59	3.49	4.22	4.89
EV/EBITDA	4.97	5.95	6.23	5.65	5.17	6.2	5.89	4.82	15.24	27.43	20.51	21.48	16.16	18.08	19.59
EV/EBIT	6.09	7.21	7.67	7.03	6.44	8.2	7.96	6.55	28.64	140	40.11	34.14	24.09	26.54	27.91
EV/Cash Flow to Firm	6.46	8.01	8.74	7.55	5.72	6.28	6.02	5.2	12.26	- -	19.36	- -	14.08	- -	- -
EV/Free Cash Flow to Firm	8.41	10.5	11.39	9.96	7.49	8.21	7.73	6.94	14.96	- -	24.16	- -	15.96	- -	- -
Diluted Market Cap	115,568	142,119	132,885	99,720	70,381	78,388	69,305	49,502	138,897	177,699	223,105	234,344	170,427	223,274	283,182
Diluted Enterprise Value	135,065	164,384	161,675	132,112	102,238	112,175	103,679	83,451	198,331	229,128	271,089	279,696	217,001	267,165	333,465
EV per Share	7.96	10.16	10.51	9.35	7.44	8.35	7.91	6.55	15.83	18.19	21.34	21.83	16.76	20.31	25.04
TTM Sales	106,916	102,874	98,368	92,793	81,742	79,920	79,139	79,591	57,714	55,179	57,351	60,530	61,860	62,753	67,536
TTM EBITDA	26,209	26,832	24,991	23,024	19,545	17,933	17,426	17,032	12,953	8,326	13,136	12,947	13,348	14,637	16,843
TTM Operating Income	21,922	22,990	21,500	20,338	16,508	14,677	13,139	13,217	7,538	4,662	6,865	8,174	9,382	10,074	12,492
TTM Cash Flow to Firm	20,156	19,932	17,820	17,249	17,647	17,691	17,035	15,803	16,103	- -	13,921	- -	15,321	- -	- -
TTM Free Cash Flow to Firm	15,489	15,215	13,680	13,066	13,496	13,541	13,262	11,839	13,196	- -	11,153	- -	13,511	- -	- -

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	7.61	9.56	9.96	7.86	5.37	6.06	5.35	4.39	11.71	11.87	22.25	27.69	14.06	18.99	24.72
EV/EBIT	6.09	7.21	7.67	7.03	6.44	8.2	7.96	6.55	28.64	140	40.11	34.14	24.09	26.54	27.91
Enterprise Value	130,246	159,706	155,819	130,189	101,022	111,125	102,554	82,164	197,446	228,346	269,478	278,109	215,692	264,575	329,966
Low Price	5	6.72	7.96	7.02	4.87	4.05	4.71	3.84	3.84	8.8	11.97	13.9	11.7	12.83	14.84
EV/Sales	1.22	1.55	1.58	1.4	1.24	1.39	1.3	1.03	3.42	4.14	4.7	4.59	3.49	4.22	4.89
EV/EBITDA	4.97	5.95	6.23	5.65	5.17	6.2	5.89	4.82	15.24	27.43	20.51	21.48	16.16	18.08	19.59
Price/Earnings	7.19	8.46	8	8.25	5.31	6.58	11.99	5.65	14.64	31.57	38.49	141.39	22.45	36.46	26.27
Price/Earnings Average	6.39	8.58	9.83	10.45	7.57	5.73	12.01	7.04	10.27	30.87	35.73	136.89	32.94	36.2	23.38
Price/Earnings High	7.75	9.61	11.66	13.97	8.54	6.65	14.06	8.04	16.82	42.65	41.74	172.92	53.82	44.98	28.01
Price/Earnings Low	5.31	6.5	7.43	8.25	5.09	4.59	10.73	5.65	5.08	19.71	26.28	107.61	19.99	27.61	18.37
Price/Book Value	5.5	7.29	5.57	8.24	4.85	4.24	3.88	2.87	6.62	8.59	11.72	10.61	7.51	8.08	8.57
Price/Book Value Average	4.89	7.39	6.85	10.44	6.91	3.69	3.88	3.58	4.65	8.4	10.88	10.27	11.01	8.02	7.62
Price/Book Value High	5.93	8.28	8.13	13.96	7.8	4.28	4.54	4.09	7.61	11.61	12.71	12.97	18	9.97	9.13
Price/Book Value Low	4.06	5.6	5.18	8.24	4.64	2.95	3.47	2.87	2.3	5.36	8	8.07	6.68	6.12	5.99
Price/Tangible Book Value	-11.7	-9.7	-10.36	-4.49	-3.26	-3.42	-2.97	-2.14	-2.62	-3.77	-4.5	-5.15	-3.47	-5.01	-6.02
Price/Tangible Book Value Average	-10.39	-9.84	-12.73	-5.69	-4.64	-2.97	-2.98	-2.67	-1.84	-3.69	-4.18	-4.99	-5.1	-4.97	-5.36
Price/Tangible Book Value High	-12.62	-11.02	-15.1	-7.6	-5.23	-3.45	-3.49	-3.05	-3.01	-5.1	-4.88	-6.3	-8.33	-6.18	-6.42
Price/Tangible Book Value Low	-8.63	-7.45	-9.63	-4.49	-3.12	-2.38	-2.66	-2.14	-0.91	-2.35	-3.07	-3.92	-3.09	-3.79	-4.21
Price/Sales	1.07	1.37	1.34	1.07	0.86	0.98	0.87	0.62	2.39	3.2	3.85	3.83	2.72	3.5	4.12
Price/Sales Average	0.95	1.39	1.65	1.35	1.22	0.85	0.87	0.77	1.68	3.13	3.58	3.71	3.99	3.47	3.67
Price/Sales High	1.15	1.55	1.95	1.81	1.38	0.99	1.02	0.88	2.75	4.32	4.18	4.69	6.53	4.32	4.39
Price/Sales Low	0.79	1.05	1.25	1.07	0.82	0.68	0.78	0.62	0.83	2	2.63	2.92	2.42	2.65	2.88
Price/Cash Flow	5.74	7.18	7.54	5.88	4.06	4.57	4.12	3.23	9.35	9.7	17.27	22.22	12.09	16.33	21.09
Price/Cash Flow Average	5.1	7.28	9.27	7.45	5.79	3.98	4.13	4.03	6.56	9.48	16.03	21.51	17.74	16.22	18.77
Price/Cash Flow High	6.19	8.15	11	9.96	6.53	4.62	4.84	4.6	10.74	13.1	18.73	27.18	28.99	20.15	22.49
Price/Cash Flow Low	4.24	5.51	7.01	5.88	3.89	3.19	3.69	3.23	3.24	6.05	11.79	16.91	10.77	12.37	14.75
Price/Free Cash Flow Average	6.77	9.69	12.24	9.96	7.65	5.27	5.36	5.47	8.22	11.61	20.66	26.81	20.63	18.85	22
Price/Free Cash Flow High	8.21	10.86	14.52	13.31	8.63	6.12	6.28	6.25	13.45	16.04	24.13	33.87	33.71	23.42	26.36
Price/Free Cash Flow Low	5.62	7.34	9.25	7.86	5.14	4.23	4.79	4.39	4.06	7.41	15.19	21.07	12.52	14.38	17.28
EV/Sales Average	1.1	1.57	1.88	1.68	1.6	1.26	1.3	1.18	2.71	4.07	4.42	4.47	4.76	4.19	4.43
EV/Sales High	1.3	1.73	2.18	2.13	1.75	1.4	1.44	1.29	3.78	5.26	5.03	5.45	7.31	5.04	5.16
EV/Sales Low	0.95	1.24	1.49	1.4	1.2	1.1	1.21	1.03	1.86	2.93	3.47	3.68	3.19	3.36	3.64
EV/EBITDA Average	4.5	6.03	7.4	6.79	6.67	5.64	5.89	5.52	12.07	26.96	19.31	20.91	22.08	17.97	17.76
EV/EBITDA High	5.3	6.65	8.56	8.6	7.32	6.24	6.56	6.03	16.83	34.89	21.94	25.49	33.87	21.6	20.69
EV/EBITDA Low	3.86	4.76	5.88	5.65	5.02	4.89	5.48	4.82	8.29	19.44	15.16	17.19	14.77	14.42	14.59
EV/EBIT Average	5.51	7.3	9.1	8.44	8.31	7.46	7.97	7.5	22.67	137.63	37.75	33.24	32.92	26.38	25.3
EV/EBIT High	6.5	8.05	10.54	10.69	9.12	8.26	8.87	8.18	31.62	178.1	42.89	40.52	50.5	31.71	29.48
EV/EBIT Low	4.73	5.77	7.23	7.03	6.25	6.47	7.41	6.55	15.57	99.25	29.65	27.32	22.03	21.17	20.79
Last Price	6.77	8.75	8.57	7.02	5.09	5.81	5.26	3.84	11.06	14.09	17.54	18.27	13.14	16.94	21.23
High Price	7.3	9.94	12.49	11.89	8.19	5.87	6.17	5.47	12.71	19.04	19.02	22.34	31.51	20.9	22.63
Enterprise Value Average	117,908	161,668	184,892	156,328	130,393	101,091	102,658	94,086	156,279	224,473	253,621	270,707	294,696	263,001	299,135
Enterprise Value High	138,955	178,394	214,014	198,020	143,053	111,930	114,329	102,650	218,005	290,476	288,203	330,016	452,056	316,124	348,510
Enterprise Value Low	101,256	127,846	146,831	130,189	98,039	87,704	95,416	82,164	107,339	161,880	199,205	222,502	197,178	211,018	245,799

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	16,357	15,713	14,827	13,929	13,581	13,301	12,968	12,551	12,475	12,553	12,629	12,742	12,867	13,026	13,176
Diluted Weighted Avg Shares	17,069	16,248	15,511	14,203	13,819	13,482	13,182	12,886	12,555	12,609	12,721	12,829	12,967	13,179	13,341
Basic Weighted Avg Shares	16,833	16,066	15,391	14,123	13,763	13,435	13,118	12,825	12,476	12,520	12,600	12,694	12,814	12,962	13,110
Revenue per Share	6.35	6.4	6.39	6.57	5.94	5.95	6.03	6.21	4.63	4.41	4.55	4.77	4.83	4.84	5.15
EBITDA per Share	1.56	1.67	1.62	1.63	1.42	1.33	1.33	1.33	1.04	0.67	1.04	1.02	1.04	1.13	1.28
Operating Income per Share	1.3	1.43	1.4	1.44	1.2	1.09	1	1.03	0.6	0.37	0.54	0.64	0.73	0.78	0.95
Basic EPS, GAAP	0.94	1.03	1.07	0.85	0.96	0.88	0.44	0.68	0.76	0.45	0.46	0.13	0.59	0.46	0.81
Basic EPS from Cont Ops	0.94	1.06	1.1	1.12	0.97	0.88	0.44	0.68	0.57	0.31	0.37	0.14	0.59	0.46	0.81
Diluted EPS, GAAP	0.93	1.02	1.06	0.85	0.95	0.88	0.44	0.68	0.75	0.44	0.45	0.13	0.58	0.46	0.79
Diluted EPS from Cont Ops	0.93	1.05	1.09	1.11	0.97	0.88	0.44	0.68	0.57	0.31	0.37	0.14	0.58	0.46	0.79
Dividend per Share	0.21	0.23	0.26	0.3	0.36	0.39	0.42	0.44	0.46	0.46	0.47	0.47	0.47	0.47	0.48
Cash Flow per Share	1.18	1.22	1.14	1.19	1.25	1.27	1.27	1.19	1.18	1.45	1.02	0.82	1.09	1.04	1.01
Free Cash Flow per Basic Share	0.9	0.93	0.87	0.9	0.95	0.96	0.99	0.88	0.95	1.2	0.8	0.67	0.95	0.91	0.87
Cash & Equivalents per Share	0.73	0.71	0.75	0.61	0.6	0.64	0.97	0.96	0.71	1.1	0.57	0.69	1.04	1.12	1.09
Book Value per Share	1.23	1.2	1.54	0.85	1.05	1.37	1.36	1.34	1.67	1.64	1.5	1.72	1.75	2.1	2.48
Tangible Book Value per Share	-0.58	-0.9	-0.83	-1.56	-1.56	-1.7	-1.77	-1.8	-4.22	-3.74	-3.9	-3.55	-3.78	-3.38	-3.53