Hormel Foods Corporation Financial Ratios — HO7 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	10/31/2011	10/31/2012	10/31/2013	10/31/2014	10/31/2015	10/31/2016	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024	10/31/2025

Return on Common Equity (%)	18.75	18.26	17.17	17.43	18.05	21.08	18.05	19.21	16.99	14.71	13.57	13.79	10.39	10.24	6.02
Return on Assets (%)	11.43	11.35	11.1	11.62	11.83	14.23	12.69	13.39	12.05	10.08	8.04	7.69	5.93	5.99	3.56
Return on Capital (%)	17.11	16.83	15.98	16.36	16.71	19.66	17.28	18.12	16.01	13.3	10.46	9.92	7.78	7.93	4.94
Return on Invested Capital (%)	17.44	17	16.1	16.47	16.71	19.58	17.11	17.72	15.61	12.87	10.03	9.7	7.65	7.56	4.78
Gross Margin (%)	16.9	16.18	16.14	16.8	19.52	22.66	21.78	20.74	19.84	19	16.93	17.37	16.51	16.96	15.63
EBITDA Margin (%)	10.97	10.74	10.64	11.4	12.96	15.29	15.36	14.06	14.34	13.59	11.7	12.43	10.94	11.12	8.12
Operating Margin (%)	9.06	8.82	8.98	9.81	11.5	13.51	13.5	11.92	12.18	11.08	9.44	10.32	8.73	8.53	7.39
Incremental Operating Margin (%)	12.17	3.12	11.42	22.77	- -	85.3	13.74	- -	- -	- -	0.57	19.63	65.3	21.58	- -
Pretax Margin (%)	9.1	9.21	9.12	9.9	11.41	13.83	13.95	12.38	12.74	11.6	9.89	10.26	8.37	8.69	5.48
Profit Margin (%)	6.01	6.08	6.01	6.47	7.41	9.35	9.24	10.6	10.31	9.45	7.98	8.03	6.55	6.75	3.95
Net Income to Common Margin (%)	6.01	6.08	6.01	6.47	7.41	9.35	9.24	10.6	10.31	9.45	7.98	8.03	6.55	6.75	3.95
Effective Tax Rate (%)	33.34	33.41	33.62	34.28	34.99	32.39	33.75	14.28	19.06	18.51	19.27	21.74	21.76	22.29	27.99
Dvd Payout Ratio (%)	26.84	29.85	32.65	33.34	36.44	33.28	40.83	38.31	44.62	53.64	57.52	55.76	74.84	76.47	132.65
Sustainable Growth Rate (%)	13.72	12.81	11.56	11.62	11.47	14.06	10.68	11.85	9.41	6.82	5.76	6.1	2.62	2.41	-1.96

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	10/31/2011	10/31/2012	10/31/2013	10/31/2014	10/31/2015	10/31/2016	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024	10/31/2025

Total Debt	250	250	250	250	435	250	250	625	250	1,304	3,324	3,299	3,309	2,859	2,857
ST Debt	- -	- -	- -	- -	185	- -	- -	- -	- -	259	9	9	951	8	7
LT Debt	250	250	250	250	250	250	250	625	250	1,045	3,315	3,291	2,359	2,851	2,851
Total Debt/EBITDA	0.29	0.28	0.27	0.24	0.36	0.17	0.18	0.47	0.18	1	2.5	2.13	2.5	2.16	2.91
Net Debt/EBITDA	-0.25	-0.49	-0.2	-0.08	0.07	-0.11	-0.14	0.12	-0.31	-0.31	2.03	1.5	1.94	1.6	2.23
Total Debt/EBIT	0.34	0.33	0.31	0.27	0.41	0.19	0.2	0.53	0.21	1.18	2.96	2.51	3.09	2.68	3.98
Net Debt/EBIT	-0.29	-0.57	-0.23	-0.09	0.08	-0.12	-0.15	0.14	-0.35	-0.37	2.41	1.77	2.4	1.98	3.04
EBITDA to Interest Expense	36.95	68.76	74.75	83.57	91.58	113.11	110.99	50.65	75.34	61.99	30.76	24.77	18.06	16.39	12.59
EBITDA-CapEx/Interest Expense	32.82	58.47	66.17	71.04	80.6	93.26	93.55	35.94	59.08	44.54	25.39	20.31	14.37	13.22	8.61
EBIT to Interest Expense	30.52	56.46	63.08	71.95	81.23	99.93	97.56	42.96	64.03	50.53	24.82	20.56	14.41	12.57	11.47
Interest Expense	23	13	12	13	13	13	13	26	18	21	43	63	73	81	78
Common Equity/Total Assets	62.59	61.78	67.35	66.09	65.12	69.83	70.76	68.79	73.02	64.85	54.92	56.63	57.51	59.5	58.99
Long-Term Debt/Equity (%)	9.4	8.85	7.54	6.92	6.25	5.62	5.06	11.15	4.22	16.25	47.51	43.64	30.48	35.62	36.01
Long-Term Debt/Capital (%)	8.59	8.13	7.01	6.47	5.64	5.32	4.82	10.03	4.05	13.51	32.18	30.36	21.35	26.25	26.46
Long-Term Debt/Total Assets (%)	5.89	5.48	5.09	4.58	4.07	3.92	3.58	7.67	3.08	10.55	26.11	24.73	17.54	21.22	21.29
Total Debt/Equity (%)	9.4	8.85	7.54	6.92	10.87	5.62	5.06	11.15	4.22	20.27	47.63	43.76	42.76	35.72	36.1
Total Debt/Capital (%)	8.59	8.13	7.01	6.47	9.81	5.32	4.82	10.03	4.05	16.86	32.26	30.44	29.95	26.32	26.52
Total Debt/Total Assets (%)	5.89	5.48	5.09	4.58	7.08	3.92	3.58	7.67	3.08	13.16	26.18	24.79	24.61	21.28	21.34
Net Debt to Equity	-8.01	-15.31	-5.55	-2.33	2.19	-3.71	-3.93	2.96	-7.14	-6.39	38.84	30.73	33.24	26.45	27.63
Net Debt/Capital (%)	-8.71	-18.07	-5.87	-2.39	2.15	-3.85	-4.09	2.87	-7.69	-6.82	27.97	23.51	24.95	20.92	21.65
EBITDA	866	884	931	1,062	1,201	1,456	1,408	1,342	1,361	1,306	1,332	1,548	1,325	1,326	983
EBITDA-CapEx	770	752	824	903	1,057	1,200	1,186	952	1,068	939	1,099	1,270	1,055	1,069	672
Operating Income (Loss)	716	726	785	914	1,065	1,286	1,237	1,138	1,157	1,065	1,075	1,285	1,058	1,017	895

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	10/31/2011	10/31/2012	10/31/2013	10/31/2014	10/31/2015	10/31/2016	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024	10/31/2025

Cash Ratio	0.69	0.97	0.55	0.35	0.29	0.39	0.42	0.4	0.62	1.15	0.45	0.68	0.33	0.55	0.51
Current Ratio	2.57	2.95	2.61	2.23	1.7	1.93	1.92	1.8	2.14	2.38	2.08	2.47	1.43	2.32	2.47
Quick Ratio	1.32	1.63	1.26	1.02	0.79	0.97	1.03	0.93	1.16	1.65	1.09	1.27	0.68	1.17	1.15
CFO/Avg Current Liab	0.52	0.66	0.81	0.86	0.91	0.92	0.98	1.13	0.82	0.86	0.69	0.79	0.55	0.68	0.61
Common Equity/Total Assets	62.59	61.78	67.35	66.09	65.12	69.83	70.76	68.79	73.02	64.85	54.92	56.63	57.51	59.5	58.99
Long-Term Debt/Equity (%)	9.4	8.85	7.54	6.92	6.25	5.62	5.06	11.15	4.22	16.25	47.51	43.64	30.48	35.62	36.01
Long-Term Debt/Capital (%)	8.59	8.13	7.01	6.47	5.64	5.32	4.82	10.03	4.05	13.51	32.18	30.36	21.35	26.25	26.46
Long-Term Debt/Total Assets (%)	5.89	5.48	5.09	4.58	4.07	3.92	3.58	7.67	3.08	10.55	26.11	24.73	17.54	21.22	21.29
Total Debt/Equity (%)	9.4	8.85	7.54	6.92	10.87	5.62	5.06	11.15	4.22	20.27	47.63	43.76	42.76	35.72	36.1
Total Debt/Capital (%)	8.59	8.13	7.01	6.47	9.81	5.32	4.82	10.03	4.05	16.86	32.26	30.44	29.95	26.32	26.52
Total Debt/Total Assets (%)	5.89	5.48	5.09	4.58	7.08	3.92	3.58	7.67	3.08	13.16	26.18	24.79	24.61	21.28	21.34
CFO/Total Liabilities	30.95	29.77	39.88	40.51	46.39	54.21	50.77	48.94	42.27	32.43	17.52	19.68	18.35	23.33	15.43
CFO/CapEx	5.06	3.91	5.97	4.69	6.89	4.07	4.67	3.19	3.14	3.07	4.31	4.07	3.88	4.94	2.72
Altman's Z-Score	7.43	7.05	9.17	9.8	10.5	12.23	10.34	10.7	11.07	8.49	6.87	7.13	5.9	6.02	5.41

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	10/31/2011	10/31/2012	10/31/2013	10/31/2014	10/31/2015	10/31/2016	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024	10/31/2025

Accounts Receivable Turnover	17.7	17	16.54	16.05	15.25	15.91	15.16	15.66	16.17	15.05	14.25	14.13	14.37	14.58	15.11
Days Sales Outstanding	20.62	21.47	22.07	22.74	23.94	22.94	24.08	23.3	22.58	24.25	25.62	25.83	25.39	25.04	24.16
Inventory Turnover	7.81	7.51	7.65	7.66	7.28	7.44	7.52	8.03	7.59	7.36	7.75	6.67	5.95	6.08	6.15
Days Inventory Outstanding	46.72	48.58	47.71	47.62	50.13	49.04	48.53	45.46	48.09	49.6	47.12	54.7	61.31	60.04	59.38
Accounts Payable Turnover	17.71	17.95	19.03	17.99	15.1	15.06	13.74	12.99	12.73	12.66	13.57	13.22	12.69	13	14.16
Accounts Payable Turnover Days	20.61	20.34	19.18	20.29	24.17	24.24	26.57	28.1	28.68	28.84	26.9	27.61	28.77	28.08	25.78
Cash Conversion Cycle	46.73	49.71	50.6	50.07	49.9	47.74	46.04	40.66	41.98	45.01	45.83	52.92	57.94	57	57.76
Inventory to Cash Days	-26.1	-27.11	-25.63	-24.88	-26.19	-26.1	-24.44	-22.15	-25.51	-25.35	-21.5	-28.87	-35.92	-35.01	-35.22
Inventories	886	951	968	1,055	993	986	921	964	1,042	1,073	1,369	1,716	1,680	1,576	1,747
Raw Materials	422	456	423	450	440	432	409	438	438	527	644	742	726	695	692
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	463	494	545	605	553	554	512	526	604	546	725	974	954	881	1,055
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	10/31/2011	10/31/2012	10/31/2013	10/31/2014	10/31/2015	10/31/2016	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024	10/31/2025

Market Capitalization	7,724	7,600	11,357	14,150	17,985	20,113	15,923	22,810	21,755	26,161	23,133	25,363	17,734	16,822	11,913
- Cash & Cash Equivalents	463	682	434	334	347	415	444	459	673	1,714	614	982	737	742	671
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	3	5	6	6	3	3	4	4	4	5	5	5	4	11	15
+ Total Debt	250	250	250	250	435	250	250	625	250	1,304	3,324	3,299	3,309	2,859	2,857
Enterprise Value	7,438	7,096	11,178	14,072	18,076	19,952	15,733	22,979	21,322	25,738	25,828	27,669	20,294	18,925	14,082
Total Capital	2,910	3,075	3,567	3,862	4,436	4,701	5,190	6,230	6,176	7,734	10,302	10,840	11,048	10,863	10,773
Total Debt/Capital (%)	8.59	8.13	7.01	6.47	9.81	5.32	4.82	10.03	4.05	16.86	32.26	30.44	29.95	26.32	26.52
Total Debt / EV	0.03	0.04	0.02	0.02	0.02	0.01	0.02	0.03	0.01	0.05	0.13	0.12	0.16	0.15	0.2
EV/Sales	0.94	0.86	1.28	1.51	1.95	2.1	1.72	2.41	2.25	2.68	2.27	2.22	1.68	1.59	1.16
EV/EBITDA	8.58	8.03	12.01	13.25	15.05	13.7	11.18	17.13	15.66	19.71	19.39	17.87	15.31	14.28	14.33
EV/EBIT	10.02	9.28	13.87	15.1	16.94	15.07	12.32	19.47	17.82	23.39	23.01	21.08	18.93	17.72	19.6
EV/Cash Flow to Firm	14.7	13.48	17.3	18.63	18.07	19.02	15.09	18.17	22.74	22.47	24.91	23.37	18.36	14.23	15.62
EV/Free Cash Flow to Firm	18.18	18.01	20.73	23.61	21.11	25.15	19.16	26.27	33.12	33.1	32.11	30.57	24.3	17.63	23.85
Diluted Market Cap	7,956	7,769	11,640	14,504	18,414	20,646	16,245	23,225	22,192	26,486	23,354	25,517	17,812	16,829	11,922
Diluted Enterprise Value	7,670	7,264	11,461	14,426	18,505	20,484	16,055	23,395	21,759	26,063	26,048	27,823	20,372	18,932	14,090
EV per Share	14.09	13.49	21.2	26.69	34.21	37.75	29.77	43.02	39.89	47.67	47.62	50.65	37.13	34.5	25.6
TTM Sales	7,895	8,231	8,752	9,316	9,264	9,523	9,168	9,546	9,497	9,608	11,386	12,459	12,110	11,921	12,106
TTM EBITDA	866	884	931	1,062	1,201	1,456	1,408	1,342	1,361	1,306	1,332	1,548	1,325	1,326	983
TTM Operating Income	716	726	785	914	1,065	1,286	1,237	1,138	1,157	1,065	1,075	1,285	1,058	1,017	895
TTM Cash Flow to Firm	506	526	646	755	1,001	1,049	1,042	1,264	938	1,145	1,037	1,184	1,105	1,330	901
TTM Free Cash Flow to Firm	409	394	539	596	856	793	821	875	644	778	804	905	835	1,073	591

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	10/31/2011	10/31/2012	10/31/2013	10/31/2014	10/31/2015	10/31/2016	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024	10/31/2025

Price/Free Cash Flow	20.22	20.15	21.92	24.68	21.72	26.32	19.99	27.26	35.27	34.83	30.35	29.81	22.9	16.66	22.31
EV/EBIT	10.02	9.28	13.87	15.1	16.94	15.07	12.32	19.47	17.82	23.39	23.01	21.08	18.93	17.72	19.6
Enterprise Value	7,438	7,096	11,178	14,072	18,076	19,952	15,733	22,979	21,322	25,738	25,828	27,669	20,294	18,925	14,082
Low Price	11.27	13.71	14.64	21.05	24.82	32.73	29.57	30.48	0.01	39.28	40.35	41.43	30.65	28.54	21.23
EV/Sales	0.94	0.86	1.28	1.51	1.95	2.1	1.72	2.41	2.25	2.68	2.27	2.22	1.68	1.59	1.16
EV/EBITDA	8.58	8.03	12.01	13.25	15.05	13.7	11.18	17.13	15.66	19.71	19.39	17.87	15.31	14.28	14.33
Price/Earnings	16.44	15.22	21.64	23.5	26.2	22.63	18.8	22.39	22.23	28.71	25.39	25.3	22.34	20.88	24.92
Price/Earnings Average	15.23	15.26	19.34	20.8	22	22.67	21.2	18.92	22.97	27.96	27.67	26.12	28.4	21.9	33.31
Price/Earnings High	17.06	16.13	22.1	23.5	26.37	26.63	23.97	22.53	25.04	31.19	31.33	29.93	34.2	24.99	38.54
Price/Earnings Low	12.66	14.45	14.71	18.43	19.11	19.46	18.45	15.98	0.01	23.27	24.03	22.57	21.11	19.43	24.42
Price/Book Value	2.91	2.7	3.43	3.92	4.5	4.52	3.23	4.07	3.67	4.07	3.32	3.37	2.29	2.1	1.51
Price/Book Value Average	2.69	2.7	3.07	3.47	3.78	4.53	3.64	3.44	3.8	3.97	3.62	3.48	2.92	2.21	2.02
Price/Book Value High	3.02	2.86	3.5	3.92	4.53	5.32	4.11	4.1	4.14	4.42	4.09	3.98	3.51	2.52	2.33
Price/Book Value Low	2.24	2.56	2.33	3.08	3.28	3.89	3.17	2.91	- -	3.3	3.14	3	2.17	1.96	1.48
Price/Tangible Book Value	4.08	3.68	5.68	7.76	12.22	11.76	8.9	13.58	9.04	9.56	104.44	31.45	16.9	12.58	8.96
Price/Tangible Book Value Average	3.78	3.69	5.08	6.86	10.26	11.78	10.04	11.47	9.34	9.31	113.82	32.47	21.49	13.19	11.98
Price/Tangible Book Value High	4.23	3.9	5.8	7.76	12.3	13.84	11.35	13.66	10.18	10.39	128.85	37.21	25.88	15.06	13.86
Price/Tangible Book Value Low	3.14	3.49	3.86	6.08	8.91	10.11	8.73	9.69	- -	7.75	98.81	28.06	15.97	11.71	8.78
Price/Sales	0.99	0.92	1.3	1.52	1.94	2.12	1.74	2.37	2.29	2.71	2.03	2.03	1.46	1.41	0.98
Price/Sales Average	0.91	0.93	1.16	1.35	1.63	2.12	1.96	2.01	2.37	2.64	2.21	2.1	1.86	1.48	1.32
Price/Sales High	1.02	0.98	1.33	1.52	1.95	2.49	2.21	2.39	2.58	2.95	2.5	2.4	2.24	1.69	1.52
Price/Sales Low	0.76	0.88	0.88	1.19	1.42	1.82	1.7	1.69	- -	2.2	1.92	1.81	1.38	1.31	0.96
Price/Cash Flow	15.89	14.7	17.85	18.96	18.12	19.37	15.4	18.25	23.57	23.11	23.03	22.29	16.92	13.27	14.1
Price/Cash Flow Average	14.72	14.74	15.96	16.78	15.22	19.4	17.37	15.42	24.35	22.51	25.1	23.02	21.51	13.92	18.85
Price/Cash Flow High	16.5	15.58	18.23	18.96	18.24	22.79	19.63	18.36	26.55	25.11	28.42	26.37	25.9	15.88	21.8
Price/Cash Flow Low	12.24	13.95	12.13	14.87	13.21	16.65	15.11	13.03	0.01	18.73	21.79	19.89	15.98	12.35	13.82
Price/Free Cash Flow Average	18.73	20.21	19.6	21.84	18.23	26.36	22.54	23.03	36.44	33.92	33.08	30.77	29.12	17.47	29.83
Price/Free Cash Flow High	20.98	21.35	22.38	24.68	21.86	30.97	25.49	27.42	39.73	37.84	37.44	35.26	35.07	19.94	34.51
Price/Free Cash Flow Low	15.57	19.13	14.9	19.35	15.84	22.63	19.62	19.46	0.01	28.23	28.71	26.59	21.64	15.51	21.87
EV/Sales Average	0.87	0.86	1.14	1.34	1.64	2.1	1.94	2.04	2.32	2.61	2.45	2.29	2.07	1.66	1.49
EV/Sales High	0.98	0.92	1.3	1.51	1.96	2.47	2.19	2.42	2.53	2.91	2.74	2.59	2.45	1.87	1.7
EV/Sales Low	0.72	0.82	0.86	1.18	1.43	1.8	1.68	1.72	- -	2.16	2.16	2	1.59	1.49	1.14
EV/EBITDA Average	7.93	8.05	10.72	11.72	12.65	13.73	12.62	14.49	16.19	19.19	20.95	18.4	18.94	14.9	18.42
EV/EBITDA High	8.92	8.54	12.27	13.25	15.15	16.15	14.29	17.23	17.68	21.44	23.45	20.87	22.42	16.77	20.96
EV/EBITDA Low	6.54	7.59	8.1	10.38	11	11.77	10.96	12.26	- -	15.91	18.46	16.1	14.57	13.4	14.09
EV/EBIT Average	9.25	9.3	12.38	13.36	14.23	15.1	13.91	16.47	18.43	22.77	24.86	21.71	23.42	18.49	25.18
EV/EBIT High	10.41	9.87	14.17	15.1	17.05	17.75	15.75	19.59	20.12	25.45	27.83	24.62	27.71	20.82	28.66
EV/EBIT Low	7.63	8.77	9.36	11.83	12.37	12.94	12.09	13.94	- -	18.89	21.9	19	18.02	16.63	19.27
Last Price	14.63	14.45	21.54	26.84	34.04	38.06	30.13	42.7	40.7	48.46	42.65	46.43	32.44	30.66	21.66
High Price	15.19	15.3	21.99	26.84	34.26	44.78	38.42	42.96	45.84	52.65	52.62	54.93	49.67	36.7	33.49
Enterprise Value Average	6,868	7,115	9,975	12,446	15,192	19,987	17,765	19,439	22,042	25,056	27,907	28,491	25,109	19,747	18,097
Enterprise Value High	7,731	7,547	11,419	14,072	18,192	23,505	20,112	23,118	24,068	28,002	31,236	32,311	29,711	22,237	20,594
Enterprise Value Low	5,663	6,708	7,541	11,019	13,207	17,133	15,433	16,451	-428	20,783	24,582	24,935	19,315	17,762	13,846

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	10/31/2011	10/31/2012	10/31/2013	10/31/2014	10/31/2015	10/31/2016	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024	10/31/2025

Shares Outstanding	528	526	527	527	528	528	528	534	534	540	542	546	547	549	550
Diluted Weighted Avg Shares	544	538	540	540	541	542	539	544	545	547	548	550	549	549	550
Basic Weighted Avg Shares	533	527	529	528	528	529	528	531	535	538	541	545	546	548	550
Revenue per Share	14.82	15.62	16.56	17.66	17.54	17.99	17.35	17.99	17.77	17.86	21.04	22.86	22.16	21.75	22
EBITDA per Share	1.63	1.68	1.76	2.01	2.27	2.75	2.66	2.53	2.55	2.43	2.46	2.84	2.43	2.42	1.79
Operating Income per Share	1.34	1.38	1.49	1.73	2.02	2.43	2.34	2.14	2.16	1.98	1.99	2.36	1.94	1.86	1.63
Basic EPS, GAAP	0.89	0.95	1	1.14	1.3	1.68	1.6	1.91	1.83	1.69	1.68	1.84	1.45	1.47	0.87
Basic EPS from Cont Ops	0.9	0.96	1	1.15	1.3	1.68	1.6	1.91	1.83	1.69	1.68	1.84	1.45	1.47	0.87
Diluted EPS, GAAP	0.87	0.93	0.97	1.12	1.27	1.64	1.57	1.86	1.8	1.66	1.66	1.82	1.45	1.47	0.87
Diluted EPS from Cont Ops	0.88	0.94	0.98	1.12	1.27	1.64	1.57	1.86	1.8	1.66	1.66	1.82	1.44	1.47	0.87
Dividend per Share	0.24	0.29	0.33	0.39	0.47	0.56	0.65	0.73	0.82	0.91	0.97	1.02	1.09	1.12	1.15
Cash Flow per Share	0.92	0.98	1.21	1.42	1.88	1.96	1.96	2.34	1.73	2.1	1.85	2.08	1.92	2.31	1.54
Free Cash Flow per Basic Share	0.74	0.73	1	1.11	1.61	1.48	1.54	1.61	1.18	1.41	1.42	1.57	1.42	1.84	0.97
Cash & Equivalents per Share	1.02	1.44	0.82	0.63	0.66	0.79	0.84	0.86	1.29	3.21	1.17	1.83	1.38	1.4	1.28
Book Value per Share	5.03	5.36	6.28	6.84	7.57	8.42	9.34	10.49	11.08	11.9	12.86	13.79	14.15	14.57	14.36
Tangible Book Value per Share	3.59	3.93	3.79	3.46	2.78	3.24	3.39	3.14	4.5	5.07	0.41	1.48	1.92	2.44	2.42