Automatic Data Processing, Inc. Financial Ratios — ADP Stock

Profitability (USD)

	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	2026 Y
As of date	06/30/2012	06/30/2013	06/30/2014	06/30/2015	06/30/2016	06/30/2017	06/30/2018	06/30/2019	06/30/2020	06/30/2021	06/30/2022	06/30/2023	06/30/2024	06/30/2025	06/30/2026

Return on Common Equity (%)	22.9	22.85	23.58	25.31	32.13	42.27	43.27	45.24	44.23	45.5	66.3	101.33	93.14	76	72.24
Return on Assets (%)	4.27	4.46	4.71	4.46	3.89	4.42	4.96	5.68	6.09	5.91	5.27	5.98	7.12	7.57	7.57
Return on Capital (%)	22.89	22.44	19.86	21.31	27.06	29.55	30.98	33.22	32.34	30.89	38.27	52.76	53.01	37.69	35.9
Return on Invested Capital (%)	21.49	16.96	15.71	19.64	26.44	28.07	33.24	31.97	30.76	30.06	37.4	50.77	50.43	35.52	33.49
Gross Margin (%)	41.45	40.96	40.93	41.24	41.37	41.44	41.56	43.15	42.12	42.42	42.65	44.74	45.44	46.03	46.42
EBITDA Margin (%)	21.86	19.87	20.36	20.97	21.62	23.24	22.12	24.28	24.66	25.49	26.08	28.06	28.78	29.18	29
Operating Margin (%)	18.3	17.66	17.75	18.41	18.77	19.02	19.27	21.43	21.53	22.16	23.05	25.02	25.76	26.32	26.33
Incremental Operating Margin (%)	16.87	23.5	18.82	27.93	24.2	23.18	22.58	55.86	24.46	44.01	32.06	46.52	36.93	34.23	26.48
Pretax Margin (%)	19.84	18.11	18.38	18.93	19.15	21.15	17.2	21.3	21.81	22.4	23.06	24.64	25.37	25.83	26.11
Profit Margin (%)	13.1	14.89	14.82	13.28	12.79	14.45	14.2	16.25	16.91	17.32	17.87	18.94	19.54	19.84	20.11
Net Income to Common Margin (%)	13.1	14.89	14.82	13.28	12.79	14.45	14.2	16.25	16.91	17.32	17.87	18.94	19.54	19.84	20.11
Effective Tax Rate (%)	34.57	34.38	33.88	33.52	33.17	31.68	17.42	23.72	22.5	22.69	22.48	23.11	22.99	23.17	22.98
Dvd Payout Ratio (%)	53.79	71.78	71.07	67.39	63.18	55.67	56.43	56.39	59.62	60.63	56.26	55.79	58.18	58.8	59.51
Sustainable Growth Rate (%)	10.58	6.45	6.82	8.25	11.83	18.74	18.85	19.73	17.86	17.91	29	44.8	38.95	31.31	29.25

Credit (USD)

Credit Ratios API ChatGPT

	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	2026 Y
As of date	06/30/2012	06/30/2013	06/30/2014	06/30/2015	06/30/2016	06/30/2017	06/30/2018	06/30/2019	06/30/2020	06/30/2021	06/30/2022	06/30/2023	06/30/2024	06/30/2025	06/30/2026

Total Debt	17	261	2,185	9	2,008	2,002	2,002	2,264	2,349	3,352	3,494	3,444	3,705	9,065	5,271
ST Debt	- -	246	2,173	- -	- -	- -	- -	262	1,002	24	136	105	385	4,770	- -
LT Debt	17	15	12	9	2,008	2,002	2,002	2,002	1,347	3,328	3,358	3,339	3,320	4,296	5,271
Total Debt/EBITDA	0.01	0.14	1.05	- -	0.8	0.7	0.68	0.66	0.65	0.88	0.81	0.68	0.67	1.51	0.83
Net Debt/EBITDA	-0.66	-0.77	0.29	-0.71	-0.47	-0.27	-0.06	0.09	0.03	0.11	0.39	0.2	0.08	0.9	0.12
Total Debt/EBIT	0.01	0.16	1.2	- -	0.9	0.78	0.78	0.75	0.75	1.01	0.92	0.76	0.75	1.67	0.91
Net Debt/EBIT	-0.77	-0.89	0.33	-0.81	-0.53	-0.3	-0.07	0.1	0.03	0.13	0.45	0.22	0.09	1	0.13
EBITDA to Interest Expense	300.77	206.15	341.26	352.82	44.88	35.94	28.59	26.37	33.59	64.07	52.54	19.95	15.29	13.16	13.86
EBITDA-CapEx/Interest Expense	286.55	194.63	317.72	325.63	41.01	33.06	26.01	23.26	29.45	58.59	47.91	18.51	14.31	12.33	12.84
EBIT to Interest Expense	251.77	183.24	297.56	309.85	38.98	29.42	24.9	23.28	29.33	55.69	46.44	17.79	13.69	11.87	12.58
Interest Expense	8	9	6	7	56	80	103	130	107	60	82	253	361	456	459
Common Equity/Total Assets	19.84	19.18	20.81	14.52	10.26	10.7	12.19	12.89	14.69	11.63	5.11	6.88	8.37	11.59	9.54
Long-Term Debt/Equity (%)	0.27	0.24	0.17	0.19	44.8	50.35	42.28	37.08	23.42	58.7	104.11	95.15	73	69.42	87.39
Long-Term Debt/Capital (%)	0.27	0.23	0.13	0.19	30.94	33.49	29.72	26.12	16.63	36.89	49.97	48.02	40.23	28.16	46.64
Long-Term Debt/Total Assets (%)	0.05	0.05	0.04	0.03	4.6	5.39	5.15	4.78	3.44	6.82	5.32	6.55	6.11	8.05	8.34
Total Debt/Equity (%)	0.27	4.21	32.75	0.19	44.8	50.35	42.28	41.93	40.84	59.11	108.34	98.15	81.48	146.5	87.39
Total Debt/Capital (%)	0.27	4.04	24.67	0.19	30.94	33.49	29.72	29.54	29	37.15	52	49.53	44.9	59.43	46.64
Total Debt/Total Assets (%)	0.05	0.81	6.81	0.03	4.6	5.39	5.15	5.41	6	6.87	5.54	6.76	6.82	16.99	8.34
Net Debt to Equity	-25.05	-23.24	9	-33.9	-26.41	-19.56	-3.54	5.83	1.67	7.64	52.31	28.81	10.19	87.21	12.17
Net Debt/Capital (%)	-33.41	-30.28	8.26	-51.29	-35.88	-24.32	-3.67	5.51	1.55	6.72	31.93	20.76	8.68	45.33	10.38
EBITDA	2,316	1,876	2,082	2,293	2,522	2,875	2,936	3,425	3,598	3,825	4,303	5,055	5,526	5,999	6,365
EBITDA-CapEx	2,206	1,771	1,938	2,117	2,305	2,645	2,671	3,021	3,154	3,498	3,924	4,689	5,171	5,621	5,896
Operating Income (Loss)	1,939	1,668	1,815	2,014	2,191	2,354	2,557	3,024	3,142	3,325	3,803	4,507	4,947	5,412	5,779

Liquidity (USD)

Liquidity Ratios API ChatGPT

	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	2026 Y
As of date	06/30/2012	06/30/2013	06/30/2014	06/30/2015	06/30/2016	06/30/2017	06/30/2018	06/30/2019	06/30/2020	06/30/2021	06/30/2022	06/30/2023	06/30/2024	06/30/2025	06/30/2026

Cash Ratio	0.07	0.07	0.15	0.06	0.09	0.09	0.07	0.06	0.06	0.07	0.03	0.05	0.07	0.19	0.08
Current Ratio	1.09	1.06	1.14	1.06	1.1	1.1	1.05	1.05	1.05	1.07	0.99	0.99	1.01	1.05	1.05
Quick Ratio	0.13	0.13	0.21	0.12	0.14	0.15	0.14	0.13	0.14	0.14	0.08	0.12	0.15	0.28	0.15
CFO/Avg Current Liab	0.08	0.07	0.07	0.08	0.06	0.06	0.08	0.09	0.1	0.09	0.07	0.09	0.09	0.11	0.12
Common Equity/Total Assets	19.84	19.18	20.81	14.52	10.26	10.7	12.19	12.89	14.69	11.63	5.11	6.88	8.37	11.59	9.54
Long-Term Debt/Equity (%)	0.27	0.24	0.17	0.19	44.8	50.35	42.28	37.08	23.42	58.7	104.11	95.15	73	69.42	87.39
Long-Term Debt/Capital (%)	0.27	0.23	0.13	0.19	30.94	33.49	29.72	26.12	16.63	36.89	49.97	48.02	40.23	28.16	46.64
Long-Term Debt/Total Assets (%)	0.05	0.05	0.04	0.03	4.6	5.39	5.15	4.78	3.44	6.82	5.32	6.55	6.11	8.05	8.34
Total Debt/Equity (%)	0.27	4.21	32.75	0.19	44.8	50.35	42.28	41.93	40.84	59.11	108.34	98.15	81.48	146.5	87.39
Total Debt/Capital (%)	0.27	4.04	24.67	0.19	30.94	33.49	29.72	29.54	29	37.15	52	49.53	44.9	59.43	46.64
Total Debt/Total Assets (%)	0.05	0.81	6.81	0.03	4.6	5.39	5.15	5.41	6	6.87	5.54	6.76	6.82	16.99	8.34
CFO/Total Liabilities	7.73	6.05	7.17	6.97	4.84	6.4	7.37	7.37	9.06	7.18	5.18	8.87	8.35	10.47	9.52
CFO/CapEx	17.44	15.04	12.68	11.17	8.72	9.23	9.5	6.65	6.82	9.45	8.18	11.52	11.71	13.06	11.61
Altman's Z-Score	2	1.99	2.23	2.05	1.66	2.09	2.35	2.49	2.61	2.42	1.85	2.47	2.54	3.15	2.34

Working Capital (USD)

Working Capital Ratios API ChatGPT

	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	2026 Y
As of date	06/30/2012	06/30/2013	06/30/2014	06/30/2015	06/30/2016	06/30/2017	06/30/2018	06/30/2019	06/30/2020	06/30/2021	06/30/2022	06/30/2023	06/30/2024	06/30/2025	06/30/2026

Accounts Receivable Turnover	8.14	6.67	6.98	7.39	7.09	7.18	7.2	6.38	5.98	5.81	5.59	5.83	5.97	5.87	6.18
Days Sales Outstanding	44.84	54.72	52.3	49.41	51.46	50.84	50.7	57.21	61.05	62.86	65.24	62.62	61.18	62.2	59.04
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	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	2026 Y
As of date	06/30/2012	06/30/2013	06/30/2014	06/30/2015	06/30/2016	06/30/2017	06/30/2018	06/30/2019	06/30/2020	06/30/2021	06/30/2022	06/30/2023	06/30/2024	06/30/2025	06/30/2026

Market Capitalization	26,214	33,419	38,232	37,682	40,539	45,207	59,403	71,135	63,302	83,976	87,943	90,154	97,553	123,978	89,168
- Cash & Cash Equivalents	1,548	1,699	1,584	1,639	3,191	2,780	2,170	1,949	1,909	2,575	1,436	2,084	2,913	3,348	4,230
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	17	261	2,185	9	2,008	2,002	2,002	2,264	2,349	3,352	3,494	3,444	3,705	9,065	5,271
Enterprise Value	24,652	31,953	36,800	36,025	39,332	44,429	59,235	71,439	63,742	84,752	89,954	91,500	97,961	125,197	90,208
Total Capital	6,131	6,451	8,855	4,818	6,489	5,979	6,738	7,664	8,101	9,022	6,720	6,953	8,253	15,253	11,302
Total Debt/Capital (%)	0.27	4.04	24.67	0.19	30.94	33.49	29.72	29.54	29	37.15	52	49.53	44.9	59.43	46.64
Total Debt / EV	- -	0.01	0.06	- -	0.05	0.05	0.03	0.03	0.04	0.04	0.04	0.04	0.04	0.07	0.06
EV/Sales	2.33	3.38	3.6	3.29	3.37	3.59	4.46	5.06	4.37	5.65	5.45	5.08	5.1	6.09	4.11
EV/EBITDA	10.64	17.03	17.68	15.71	15.6	15.45	20.18	20.86	17.72	22.16	20.91	18.1	17.73	20.87	14.17
EV/EBIT	12.35	19.67	20.27	17.88	17.61	17.36	23.16	23.68	20.44	25.57	23.75	20.31	19.73	23.11	15.61
EV/Cash Flow to Firm	12.87	20.18	20.16	18.21	20.33	20.38	22.78	25.63	20.5	27	28.44	20.78	22.08	23.67	15.57
EV/Free Cash Flow to Firm	13.65	21.62	21.88	20	22.9	22.78	25.37	29.98	23.91	30.14	32.31	22.67	24	25.49	16.94
Diluted Market Cap	26,647	33,731	38,463	38,442	40,842	45,746	60,012	71,692	63,714	84,848	89,000	90,941	98,533	125,018	90,400
Diluted Enterprise Value	25,085	32,265	37,031	36,785	39,635	44,968	59,844	71,996	64,155	85,625	91,011	92,288	98,941	126,237	91,441
EV per Share	50.91	66.21	76.63	77.24	86.31	99.84	134.99	164.53	148.27	200.03	216.18	222.03	240.04	308.9	226.77
TTM Sales	10,595	9,442	10,226	10,939	11,668	12,372	13,274	14,110	14,590	15,005	16,498	18,012	19,203	20,561	21,947
TTM EBITDA	2,316	1,876	2,082	2,293	2,522	2,875	2,936	3,425	3,598	3,825	4,303	5,055	5,526	5,999	6,365
TTM Operating Income	1,939	1,668	1,815	2,014	2,191	2,354	2,557	3,024	3,142	3,325	3,803	4,507	4,947	5,412	5,779
TTM Cash Flow to Firm	1,915	1,583	1,825	1,978	1,935	2,181	2,600	2,787	3,109	3,139	3,163	4,402	4,436	5,290	5,795
TTM Free Cash Flow to Firm	1,806	1,478	1,682	1,802	1,717	1,950	2,335	2,383	2,666	2,812	2,784	4,037	4,081	4,912	5,326

Multiples (USD)

Valuation Multiples API ChatGPT

	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	2026 Y
As of date	06/30/2012	06/30/2013	06/30/2014	06/30/2015	06/30/2016	06/30/2017	06/30/2018	06/30/2019	06/30/2020	06/30/2021	06/30/2022	06/30/2023	06/30/2024	06/30/2025	06/30/2026

Price/Free Cash Flow	14.8	22.91	22.92	21.39	24.31	24.13	26.67	31.39	24.67	30.68	32.71	23.67	25.91	27.41	18.18
EV/EBIT	12.35	19.67	20.27	17.88	17.61	17.36	23.16	23.68	20.44	25.57	23.75	20.31	19.73	23.11	15.61
Enterprise Value	24,652	31,953	36,800	36,025	39,332	44,429	59,235	71,439	63,742	84,752	89,954	91,500	97,961	125,197	90,208
Low Price	45.7	54.6	69.59	71.37	74.62	85.71	100.97	125.43	108.51	127.22	189.23	206.42	206.91	232.1	188.29
EV/Sales	2.33	3.38	3.6	3.29	3.37	3.59	4.46	5.06	4.37	5.65	5.45	5.08	5.1	6.09	4.11
EV/EBITDA	10.64	17.03	17.68	15.71	15.6	15.45	20.18	20.86	17.72	22.16	20.91	18.1	17.73	20.87	14.17
Price/Earnings	19	23.78	25.15	26.29	27.24	25.45	31.64	31.08	25.72	32.52	30.02	26.53	26.16	30.52	20.43
Price/Earnings Average	18.41	20.88	24.05	27.15	25.82	24.18	27.07	27.9	27.72	27.44	30.67	27.94	26.39	29.01	23.06
Price/Earnings High	19.96	24.61	25.58	29.15	27.82	26.37	32.8	32.29	31.68	32.85	35.28	32.74	28	32.82	28.57
Price/Earnings Low	16.04	18.75	21.98	23.22	22.85	21.47	23.6	23.8	18.95	20.87	26.87	25.03	22.64	23.16	17.16
Price/Book Value	4.29	5.4	5.73	7.84	9.05	11.37	12.54	13.17	11	14.81	27.27	25.69	21.45	20.04	14.78
Price/Book Value Average	4.15	4.74	5.48	8.09	8.57	10.8	10.73	11.82	11.86	12.5	27.86	27.07	21.64	19.04	16.69
Price/Book Value High	4.5	5.59	5.83	8.69	9.24	11.78	13	13.68	13.56	14.96	32.05	31.71	22.96	21.54	20.67
Price/Book Value Low	3.62	4.26	5.01	6.92	7.59	9.59	9.36	10.09	8.11	9.51	24.41	24.24	18.57	15.2	12.42
Price/Tangible Book Value	11.09	13.33	8.9	15	17.89	27.98	36.99	35.47	28.42	39.58	-215.39	-518.42	113.7	94.53	81.54
Price/Tangible Book Value Average	10.75	11.7	8.51	15.5	16.96	26.59	31.65	31.84	30.63	33.4	-220.06	-546.17	114.69	89.84	92.05
Price/Tangible Book Value High	11.65	13.8	9.05	16.64	18.28	28.99	38.33	36.85	35.01	39.99	-253.19	-639.85	121.71	101.64	114.01
Price/Tangible Book Value Low	9.36	10.51	7.78	13.25	15.01	23.6	27.59	27.16	20.95	25.41	-192.84	-489.17	98.42	71.73	68.5
Price/Sales	2.49	3.54	3.73	3.49	3.48	3.68	4.49	5.05	4.35	5.63	5.37	5.02	5.11	6.06	4.11
Price/Sales Average	2.41	3.11	3.56	3.61	3.3	3.49	3.84	4.53	4.69	4.75	5.48	5.29	5.16	5.76	4.64
Price/Sales High	2.62	3.66	3.79	3.87	3.56	3.81	4.66	5.25	5.36	5.69	6.31	6.2	5.47	6.51	5.74
Price/Sales Low	2.1	2.79	3.26	3.08	2.92	3.1	3.35	3.87	3.2	3.61	4.8	4.74	4.42	4.6	3.45
Price/Cash Flow	13.81	21.19	20.93	19.34	21.43	21.4	23.71	26.51	20.96	27.31	28.56	21.51	23.61	25.21	16.57
Price/Cash Flow Average	13.38	18.61	20.01	19.98	20.31	20.33	20.29	23.79	22.59	23.05	29.18	22.66	23.81	23.96	18.71
Price/Cash Flow High	14.51	21.94	21.29	21.45	21.89	22.17	24.58	27.54	25.82	27.59	33.57	26.55	25.27	27.11	23.17
Price/Cash Flow Low	11.66	16.71	18.3	17.09	17.97	18.05	17.69	20.3	15.45	17.53	25.57	20.3	20.43	19.13	13.92
Price/Free Cash Flow Average	14.34	20.12	21.92	22.09	23.04	22.93	22.82	28.18	26.59	25.89	33.42	24.94	26.14	26.05	20.52
Price/Free Cash Flow High	15.54	23.71	23.32	23.72	24.83	25.01	27.64	32.61	30.39	30.99	38.46	29.21	27.74	29.47	25.42
Price/Free Cash Flow Low	12.49	18.06	20.04	18.89	20.39	20.36	19.89	24.03	18.18	19.69	29.29	22.33	22.43	20.8	15.27
EV/Sales Average	2.25	2.95	3.43	3.41	3.19	3.41	3.82	4.55	4.71	4.77	5.57	5.35	5.15	5.79	4.63
EV/Sales High	2.45	3.51	3.66	3.67	3.45	3.72	4.63	5.26	5.37	5.71	6.39	6.25	5.46	6.54	5.73
EV/Sales Low	1.94	2.64	3.13	2.89	2.81	3.02	3.33	3.88	3.23	3.64	4.89	4.8	4.42	4.63	3.46
EV/EBITDA Average	10.29	14.86	16.87	16.25	14.76	14.67	17.26	18.73	19.08	18.73	21.35	19.06	17.88	19.84	15.98
EV/EBITDA High	11.21	17.66	17.99	17.5	15.94	16.02	20.91	21.66	21.8	22.38	24.49	22.28	18.97	22.42	19.75
EV/EBITDA Low	8.88	13.26	15.36	13.79	13	12.99	15.03	15.99	13.09	14.3	18.77	17.1	15.35	15.88	11.93
EV/EBIT Average	11.94	17.16	19.35	18.49	16.66	16.48	19.8	21.27	22.02	21.62	24.25	21.38	19.91	21.98	17.6
EV/EBIT High	13.01	20.39	20.63	19.91	18	18	24	24.6	25.15	25.83	27.82	25	21.12	24.83	21.75
EV/EBIT Low	10.3	15.31	17.62	15.69	14.68	14.6	17.25	18.16	15.1	16.5	21.32	19.18	17.09	17.59	13.14
Last Price	54.14	69.25	79.62	80.79	88.96	101.59	135.38	163.83	147.25	198.2	211.35	218.77	239.04	305.89	224.15
High Price	56.87	71.68	80.98	89.59	90.87	105.26	140.3	170.19	181.38	200.22	248.44	270.01	255.88	328.9	313.39
Enterprise Value Average	23,838	27,882	35,122	37,266	37,214	42,179	50,657	64,154	68,662	71,645	91,860	96,325	98,812	119,050	101,694
Enterprise Value High	25,972	33,126	37,454	40,129	40,201	46,064	61,398	74,199	78,415	85,609	105,388	112,615	104,831	134,521	125,705
Enterprise Value Low	20,568	24,882	31,983	31,631	32,797	37,361	44,137	54,767	47,088	54,681	80,749	86,413	84,850	95,288	75,944

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	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	2026 Y
As of date	06/30/2012	06/30/2013	06/30/2014	06/30/2015	06/30/2016	06/30/2017	06/30/2018	06/30/2019	06/30/2020	06/30/2021	06/30/2022	06/30/2023	06/30/2024	06/30/2025	06/30/2026

Shares Outstanding	484	483	480	466	456	445	439	434	430	424	416	412	408	405	398
Diluted Weighted Avg Shares	492	487	483	476	459	450	443	438	433	428	421	416	412	409	403
Basic Weighted Avg Shares	487	483	479	473	457	448	441	435	431	426	419	414	411	407	402
Revenue per Share	21.74	19.56	21.35	23.15	25.53	27.63	30.13	32.44	33.87	35.2	39.39	43.54	46.77	50.51	54.55
EBITDA per Share	4.75	3.89	4.35	4.85	5.52	6.42	6.66	7.87	8.35	8.97	10.27	12.22	13.46	14.74	15.82
Operating Income per Share	3.98	3.45	3.79	4.26	4.79	5.26	5.8	6.95	7.29	7.8	9.08	10.9	12.05	13.29	14.36
Basic EPS, GAAP	2.85	2.91	3.17	3.07	3.27	3.99	4.28	5.27	5.73	6.1	7.04	8.25	9.14	10.02	10.97
Basic EPS from Cont Ops	2.82	2.32	2.59	2.91	3.27	3.99	4.28	5.27	5.73	6.1	7.04	8.25	9.14	10.02	10.97
Diluted EPS, GAAP	2.82	2.89	3.14	3.05	3.25	3.97	4.25	5.24	5.7	6.07	7	8.21	9.1	9.98	10.94
Diluted EPS from Cont Ops	2.79	2.3	2.57	2.89	3.25	3.97	4.25	5.24	5.7	6.07	7	8.21	9.1	9.98	10.94
Dividend per Share	1.52	1.67	1.84	1.96	2.06	2.22	2.41	2.97	3.41	3.7	3.96	4.6	5.32	5.89	6.53
Cash Flow per Share	3.92	3.27	3.8	4.18	4.15	4.75	5.71	6.18	7.02	7.26	7.4	10.17	10.13	12.13	13.53
Free Cash Flow per Basic Share	3.7	3.05	3.5	3.8	3.68	4.23	5.11	5.25	5.99	6.49	6.5	9.29	9.26	11.2	12.36
Cash & Equivalents per Share	3.26	3.58	7.53	3.57	7.05	6.25	4.95	4.51	4.44	6.08	3.56	5.09	8.08	19.36	10.63
Book Value per Share	12.63	12.83	13.89	10.31	9.83	8.94	10.79	12.44	13.38	13.38	7.75	8.52	11.14	15.27	15.16
Tangible Book Value per Share	4.88	5.2	8.95	5.39	4.97	3.63	3.66	4.62	5.18	5.01	-0.98	-0.42	2.1	3.24	2.75