Domino's Pizza, Inc.

DPZ

DPZDomino's Pizza, Inc. US flag

NASDAQ Global Select

312.85

USD

-1.92

- -

10.41BMarket Cap

Income Statement (USD)

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	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

Sales/Revenue/Turnover	1,652	1,678	1,802	1,994	2,217	2,473	2,788	3,433	3,619	4,117	4,357	4,537	4,479	4,706	4,940
+ Sales & Services Revenue	1,652	1,678	1,802	1,994	2,217	2,473	2,788	3,433	3,619	4,117	4,357	4,537	4,479	4,706	4,940
- Cost of Revenue	1,182	1,177	1,253	1,399	1,533	1,705	1,922	2,130	2,216	2,523	2,669	2,889	2,752	2,858	2,966
+ Cost of Goods & Services	1,182	1,177	1,253	1,399	1,533	1,705	1,922	2,130	2,216	2,523	2,669	2,889	2,752	2,858	2,966
Gross Profit	471	501	549	595	683	768	866	1,303	1,402	1,594	1,688	1,649	1,727	1,849	1,974
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	211	219	235	249	278	314	345	731	773	869	908	902	908	969	1,024
+ Selling, General & Admin	211	219	235	249	278	314	345	731	773	869	908	902	908	969	1,024
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	259	282	314	345	405	454	521	572	629	726	780	747	820	879	950
- Non-Operating (Income) Loss	91	101	89	87	99	109	121	143	147	171	155	174	167	157	180
+ Interest Expense, Net	91	101	89	87	99	109	121	143	147	171	191	195	185	179	181
+ Interest Expense	92	101	89	87	100	110	123	146	151	172	192	198	196	196	196
- Interest Income	- -	- -	- -	- -	- -	1	1	3	4	2	- -	3	12	17	15
+ Other Non-Op (Income) Loss	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-37	-21	-18	-22	-1
Pretax Income	168	181	225	259	306	345	400	429	483	555	626	573	652	722	770
- Income Tax Expense (Benefit)	62	69	82	96	113	130	122	67	82	64	115	121	133	138	169
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	105	112	143	163	193	215	278	362	401	491	510	452	519	584	602
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	105	112	143	163	193	215	278	362	401	491	510	452	519	584	602
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	105	112	143	163	193	215	278	362	401	491	510	452	519	584	602
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	105	112	143	163	193	215	278	362	401	491	510	452	519	584	602
EBIT	259	282	314	345	405	454	521	572	629	726	780	747	820	879	950
EBITDA	283	306	340	381	438	492	566	625	689	791	853	827	900	967	1,039
EBITDA Margin (%)	17.14	18.2	18.84	19.12	19.75	19.91	20.29	18.22	19.05	19.2	19.58	18.23	20.1	20.54	21.03
EBITA	259	282	314	345	405	454	521	572	629	726	780	747	820	879	950
Gross Margin (%)	28.48	29.87	30.46	29.83	30.82	31.05	31.06	37.95	38.76	38.73	38.74	36.34	38.56	39.28	39.95
Operating Margin (%)	15.68	16.82	17.41	17.32	18.29	18.36	18.7	16.65	17.39	17.62	17.91	16.46	18.3	18.68	19.23
Profit Margin (%)	6.38	6.7	7.93	8.15	8.7	8.68	9.97	10.54	11.07	11.93	11.72	9.97	11.59	12.41	12.18
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	3.29	0.61	0.95	1.61	1.54	1.97	2.25	2.72	3.14	3.86	4.45	4.84	6.12	7.04
Depreciation Expense	24	23	26	36	32	38	44	54	60	65	73	80	81	88	89
Basic Weighted Avg Shares	59	56	56	56	50	48	43	41	39	39	36	35	35	34	34
Basic EPS, GAAP	1.79	1.99	2.56	2.93	3.87	4.46	6.48	8.83	10.29	12.64	14.13	12.77	14.8	17.04	17.89
Basic EPS from Cont Ops	1.79	1.99	2.56	2.93	3.87	4.46	6.48	8.83	10.29	12.64	14.13	12.77	14.8	17.04	17.89
Diluted Weighted Avg Shares	62	59	58	57	56	50	48	43	42	40	38	36	35	35	34
Diluted EPS, GAAP	1.71	1.91	2.48	2.86	3.47	4.3	5.83	8.35	9.56	12.39	13.54	12.53	14.66	16.69	17.57
Diluted EPS from Cont Ops	1.71	1.91	2.48	2.86	3.47	4.3	5.83	8.35	9.56	12.39	13.54	12.53	14.66	16.69	17.57

Balance Sheet (USD)

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	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 Current Assets	327	306	352	428	603	496	580	567	788	869	861	791	817	905	894
+ Cash, Cash Equivalents & STI	87	55	14	31	133	43	36	25	191	169	148	60	114	186	126
+ Cash & Cash Equivalents	50	55	14	31	133	43	36	25	191	169	148	60	114	186	126
+ ST Investments	36	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	88	96	108	118	132	150	174	190	210	245	255	257	283	309	316
+ Accounts Receivable, Net	87	94	106	118	132	150	174	190	210	245	255	257	283	309	316
+ Notes Receivable, Net	1	2	2	2	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	-2	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	31	31	30	38	37	40	40	46	53	67	68	82	83	71	79
+ Raw Materials	- -	3	5	6	7	4	3	3	4	10	6	8	10	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	28	26	32	30	37	37	43	49	57	62	74	73	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	31	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	71	79
+ Other ST Assets	121	124	199	241	301	263	330	305	334	389	389	391	337	339	373
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	154	172	174	168	197	220	257	340	594	698	811	812	858	832	822
+ Property, Plant & Equip, Net	92	91	98	114	132	139	170	235	472	526	535	521	512	511	544
+ Property, Plant & Equip	281	283	297	310	336	359	407	487	724	808	853	854	882	920	978
- Accumulated Depreciation	189	192	200	196	204	221	237	252	252	283	318	332	370	409	435
+ LT Investments & Receivables	2	2	3	5	6	7	8	9	12	40	126	126	144	83	36
+ LT Investments	2	2	3	5	6	7	8	9	12	40	126	126	144	83	36
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	60	78	73	49	59	75	79	97	111	132	151	164	202	238	243
+ Total Intangible Assets	25	28	31	37	45	56	68	79	88	96	111	120	146	181	186
+ Goodwill	17	17	17	16	16	16	15	15	15	15	15	12	12	12	11
+ Other Intangible Assets	8	11	14	21	29	40	53	64	73	81	96	108	134	170	175
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	35	50	42	12	15	18	11	18	23	36	40	44	57	56	56
Total Assets	481	478	525	596	800	716	837	907	1,382	1,567	1,672	1,602	1,675	1,737	1,716
+ Payables & Accruals	115	127	144	155	167	188	188	174	205	206	232	217	265	195	249
+ Accounts Payable	70	77	83	87	107	112	107	93	111	94	92	90	106	86	135
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	45	50	60	68	60	76	81	81	94	112	141	127	158	109	114
+ ST Debt	1	24	24	1	59	39	32	36	77	39	93	90	96	1,190	54
+ ST Borrowings	1	24	24	1	59	39	32	35	43	3	56	55	56	1,150	6
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	1	33	36	37	35	39	40	48
+ Other ST Liabilities	81	78	87	110	150	177	178	170	172	226	266	230	187	228	239
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	43	44
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	81	78	87	110	150	177	178	170	172	226	266	230	187	185	195
Total Current Liabilities	197	229	255	266	376	404	398	380	454	471	591	537	547	1,612	542
+ LT Debt	1,450	1,536	1,512	1,501	2,181	2,149	3,121	3,496	4,274	4,318	5,199	5,163	5,114	4,008	4,995
+ LT Borrowings	1,450	1,536	1,512	1,501	2,181	2,149	3,121	3,479	4,071	4,055	4,938	4,967	4,934	3,826	4,811
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	16	203	263	261	195	180	182	184
+ Other LT Liabilities	43	48	49	50	43	47	52	72	70	78	92	92	84	79	81
+ Accrued Liabilities	5	7	8	6	- -	- -	- -	- -	- -	6	4	8	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	38	41	41	44	43	47	52	72	70	72	88	84	84	79	81
Total Noncurrent Liabilities	1,493	1,584	1,561	1,550	2,224	2,196	3,174	3,568	4,344	4,397	5,291	5,255	5,198	4,087	5,076
Total Liabilities	1,690	1,814	1,815	1,816	2,600	2,599	3,572	3,947	4,798	4,868	5,881	5,791	5,745	5,699	5,618
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	1	2	1	30	7	1	6	1	1	6	1	10	3	2	2
+ Common Stock	1	1	1	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	- -	2	1	30	7	1	6	1	- -	5	1	10	3	1	2
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	-1,208	-1,335	-1,289	-1,247	-1,804	-1,882	-2,739	-3,036	-3,413	-3,303	-4,208	-4,194	-4,070	-3,956	-3,899
+ Other Equity	-2	-2	-2	-3	-4	-3	-2	-4	-4	-2	-3	-5	-4	-7	-5
Equity Before Minority Interest	-1,210	-1,336	-1,290	-1,219	-1,800	-1,883	-2,735	-3,040	-3,416	-3,300	-4,210	-4,189	-4,070	-3,962	-3,901
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	-1,210	-1,336	-1,290	-1,219	-1,800	-1,883	-2,735	-3,040	-3,416	-3,300	-4,210	-4,189	-4,070	-3,962	-3,901
Total Liabilities & Equity	481	478	525	596	800	716	837	907	1,382	1,567	1,672	1,602	1,675	1,737	1,716
Shares Outstanding	58	56	56	56	50	48	43	41	39	39	36	35	35	34	34
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	17	236	299	298	230	219	222	231
Net Debt	1,401	1,506	1,522	1,470	2,107	2,145	3,118	3,489	3,924	3,889	4,846	4,962	4,876	4,789	4,691
Net Debt to Equity	-115.81	-112.76	-117.97	-120.57	-117.06	-113.91	-113.99	-114.78	-114.87	-117.85	-115.11	-118.45	-119.8	-120.87	-120.25
Tangible Common Equity Ratio	-270.91	-302.86	-267.36	-224.55	-244.27	-293.87	-364.82	-376.35	-270.82	-230.95	-276.71	-290.75	-275.73	-266.3	-267.1
Current Ratio	1.66	1.33	1.38	1.61	1.6	1.23	1.46	1.49	1.74	1.85	1.46	1.47	1.49	0.56	1.65
Cash Conversion Cycle	7.98	6.49	5.75	7.37	6.44	5.72	8.08	9.66	11.62	14.02	17.46	18.7	19.93	20.46	18.77

Cash Flow Statement (USD)

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	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

+ Net Income	105	112	143	163	193	215	278	362	401	491	510	452	519	584	602
+ Depreciation & Amortization	24	23	26	36	32	38	44	54	60	65	73	80	81	88	89
+ Non-Cash Items	12	21	14	-6	13	-26	7	2	-1	-11	-16	17	5	-3	49
+ Stock-Based Compensation	14	18	22	18	18	19	21	23	20	24	29	29	38	43	45
+ Deferred Income Taxes	8	4	6	- -	2	-3	6	-1	-3	14	2	- -	-20	-9	1
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	-10	-1	-14	-24	-6	-41	-20	-20	-18	-50	-46	-12	-13	-37	3
+ Chg in Non-Cash Work Cap	12	20	11	- -	53	65	12	-24	37	48	86	-74	-14	-44	53
+ (Inc) Dec in Accts Receiv	-8	-7	-11	-13	-14	-19	-23	-18	-21	-33	-8	-6	-27	-27	-6
+ (Inc) Dec in Inventories	-5	-1	- -	-12	-2	-3	2	-12	-7	-25	-9	-17	- -	7	-7
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	21	25	22	23	69	79	22	10	66	69	51	-37	69	-10	54
+ Inc (Dec) in Other	3	3	1	2	- -	8	11	-3	-1	37	53	-14	-57	-13	12
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	153	176	194	192	292	292	341	394	497	593	654	475	591	625	792
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	6	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	6	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	-164	-88	-97	-82	-739	-300	-1,064	-591	-699	-305	-1,321	-294	-269	-330	-358
+ Increase in Capital Stock	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	-165	-88	-97	-82	-739	-300	-1,064	-591	-699	-305	-1,321	-294	-269	-330	-358
+ Net Change in LT Investment	- -	- -	- -	- -	- -	- -	- -	94	50	-40	-49	- -	- -	83	44
+ Dec in LT Investment	- -	- -	- -	- -	- -	- -	- -	94	50	- -	- -	- -	- -	83	44
+ Inc in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	-40	-49	- -	- -	- -	- -
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	- -	- -	- -	-3	- -	- -	-7	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	-3	- -	- -	-7	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-33	7	-100	-57	-109	-55	-84	-182	-75	-89	-94	-47	-107	-114	-114
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-27	7	-100	-57	-109	-55	-84	-88	-28	-129	-143	-54	-107	-31	-70
+ Dividends Paid	- -	-185	-34	-53	-80	-74	-84	-92	-106	-122	-139	-158	-170	-210	-237
+ Net Cash From Debt	-1	109	-24	-12	741	-59	972	366	583	-44	940	-56	-41	-18	-150
+ Cash From Debt	- -	1,575	- -	- -	1,305	63	1,900	970	675	158	1,850	120	15	- -	1,000
+ Repayments of Debt	-1	-1,466	-24	-12	-564	-122	-928	-604	-92	-202	-910	-176	-56	-18	-1,150
+ Other Financing Activities	42	-13	21	29	-3	58	-20	-5	-1	24	-2	-9	3	25	-8
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-123	-177	-135	-119	-81	-376	-197	-323	-223	-446	-523	-516	-476	-532	-752
Effect of Foreign Exchange Rates	- -	-2	- -	- -	1	-1	- -	-1	- -	1	- -	-1	- -	-2	2
Net Changes in Cash	3	6	-41	16	102	-139	60	-17	246	17	-11	-94	8	61	-30
EBITDA	283	306	340	381	438	492	566	625	689	791	853	827	900	967	1,039
EBITDA Margin (%)	17.14	18.2	18.84	19.12	19.75	19.91	20.29	18.22	19.05	19.2	19.58	18.23	20.1	20.54	21.03
Free Cash Flow	153	176	194	192	292	292	341	394	497	593	654	475	591	625	792
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	- -	- -	- -	3	- -	- -	7	- -	- -	- -
Free Cash Flow to Firm	211	239	250	247	354	361	426	518	622	745	811	632	747	783	945
Free Cash Flow to Equity	158	286	170	180	1,032	233	1,313	760	1,080	549	1,594	420	550	607	643
Free Cash Flow per Basic Share	2.6	3.13	3.48	3.46	5.85	6.08	7.96	9.62	12.76	15.25	18.1	13.42	16.84	18.23	23.55
Price/Free Cash Flow	13.67	14.57	20.72	27.87	21.17	27.18	26.4	27.27	24.78	25.64	32.51	26.3	24.7	23.5	18.02
Cash Flow to Net Income	1.45	1.57	1.36	1.18	1.51	1.36	1.23	1.09	1.24	1.21	1.28	1.05	1.14	1.07	1.32
Capital Expenditures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -