McCormick & Company, Incorporated Financial Ratios — MCX

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	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Return on Common Equity (%)	24.49	24.83	21.52	23.51	23.2	28.65	22.81	32.57	21.25	20.28	18.12	15	13.97	15.23	14.32
Return on Assets (%)	9.97	9.88	9.03	9.88	9.04	10.37	6.36	9.04	6.82	6.66	6.04	5.24	5.24	6.08	6.01
Return on Capital (%)	15.75	15.6	14.14	15.12	14.28	16.66	10.27	- -	10.68	10.23	9.19	8.07	8.56	9.79	9.55
Return on Invested Capital (%)	14.72	14.81	13.34	14.18	13.09	15.42	9.78	- -	9.89	9.58	8.5	6.9	7.65	8.65	8.52
Gross Margin (%)	41.18	40.3	40.4	40.78	40.44	41.52	37.93	39.48	40.12	41.07	39.48	35.82	37.56	38.54	37.9
EBITDA Margin (%)	17.27	16.97	15.92	16.63	15.23	16.99	17.44	19.65	20.88	20.79	19.02	16.76	17.45	18.88	19.04
Operating Margin (%)	14.61	14.41	13.96	14.33	14.2	14.89	16.13	17.54	18.3	18.19	17.26	14.45	15.37	15.91	15.96
Incremental Operating Margin (%)	8.45	12	- -	27.3	3.2	40.63	33.28	29.19	108.97	15.87	10.01	- -	34.26	74.15	18.95
Pretax Margin (%)	13.29	13.11	12.11	13.07	11.55	13.36	12.57	13.98	15.32	15.74	14.18	12.8	11.99	13.36	13.35
Profit Margin (%)	10.12	10.16	9.43	10.32	9.35	10.71	10.09	17.6	13.14	13.34	11.95	10.74	10.22	11.73	11.54
Net Income to Common Margin (%)	10.12	10.16	9.43	10.32	9.35	10.71	10.09	17.6	13.14	13.34	11.95	10.74	10.22	11.73	11.54
Effective Tax Rate (%)	29.02	26.57	26.75	26.32	26.46	25.97	25.44	- -	19.21	19.84	21.51	20.74	21.85	20.48	21.45
Dvd Payout Ratio (%)	39.68	40.39	46.25	43.94	51.02	46.11	49.77	29.29	43.01	44.17	48.1	58.17	61.49	57.2	61.19
Sustainable Growth Rate (%)	14.77	14.8	11.57	13.18	11.36	15.44	11.46	23.03	12.11	11.32	9.4	6.28	5.38	6.52	5.56

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	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Total Debt	1,252	1,172	1,233	1,285	1,394	1,447	5,027	4,696	4,324	5,008	5,389	5,326	4,591	4,509	4,164
ST Debt	222	393	214	271	343	393	583	644	698	1,151	1,309	1,507	1,072	748	891
LT Debt	1,030	779	1,019	1,014	1,051	1,054	4,444	4,053	3,626	3,857	4,079	3,818	3,520	3,760	3,274
Total Debt/EBITDA	1.96	1.72	1.88	1.82	2.13	1.93	6.09	4.51	3.87	4.3	4.49	5	3.95	3.55	3.2
Net Debt/EBITDA	1.88	1.6	1.78	1.71	1.96	1.77	5.87	4.42	3.73	3.85	4.1	4.53	3.65	3.27	3
Total Debt/EBIT	2.32	2.03	2.24	2.13	2.54	2.26	7.18	5.27	4.52	5.01	5.31	6.17	4.77	4.25	3.89
Net Debt/EBIT	2.22	1.89	2.13	2	2.34	2.07	6.92	5.16	4.35	4.48	4.86	5.58	4.41	3.92	3.64
EBITDA to Interest Expense	12.47	12.47	12.32	14.2	12.28	13.39	8.62	5.97	6.76	8.59	8.8	7.14	5.58	6.06	6.64
EBITDA-CapEx/Interest Expense	12.47	12.47	12.32	14.2	12.28	13.39	8.62	5.97	6.76	8.59	8.8	7.14	5.58	6.06	6.64
EBIT to Interest Expense	10.55	10.59	10.8	12.24	11.44	11.73	7.97	5.33	5.92	7.51	7.98	6.15	4.92	5.11	5.57
Interest Expense	51	55	53	50	53	56	96	175	165	136	137	149	208	209	196
Common Equity/Total Assets	39.18	40.4	43.43	40.6	37.34	35.09	24.65	30.92	33.24	32.47	34.18	35.66	39.35	40.48	43.46
Long-Term Debt/Equity (%)	63.62	45.83	52.32	56.05	62.33	64.34	172.85	127.36	104.89	97.9	92.18	81.26	69.24	70.72	56.75
Long-Term Debt/Capital (%)	35.87	27.13	32.04	32.77	34.12	34.16	58.49	51.44	46.6	43.11	41.57	38.09	36.38	38.27	32.96
Long-Term Debt/Total Assets (%)	25.19	18.71	22.9	22.97	23.51	22.74	42.79	39.52	34.99	31.91	31.61	29.09	27.37	28.77	24.8
Total Debt/Equity (%)	77.36	68.92	63.31	71.01	82.66	88.35	195.54	147.58	125.1	127.1	121.77	113.33	90.32	84.8	72.19
Total Debt/Capital (%)	43.62	40.8	38.77	41.52	45.25	46.91	66.16	59.61	55.57	55.97	54.91	53.12	47.46	45.89	41.92
Total Debt/Total Assets (%)	30.63	28.13	27.71	29.11	31.18	31.22	48.4	45.79	41.73	41.42	41.75	40.58	35.7	34.49	31.54
Net Debt to Equity	74.03	64.27	60.08	66.74	75.99	81.12	188.27	144.55	120.6	113.73	111.42	102.48	83.5	78.16	67.62
Net Debt/Capital (%)	42.54	39.13	37.53	40.03	43.18	44.79	65.31	59.11	54.67	52.57	52.11	49.69	44.64	43.11	39.65
EBITDA	639	681	657	706	654	750	825	1,042	1,117	1,165	1,201	1,064	1,162	1,269	1,302
EBITDA-CapEx	639	681	657	706	654	750	825	1,042	1,117	1,165	1,201	1,064	1,162	1,269	1,302
Operating Income (Loss)	540	578	576	608	610	657	763	930	979	1,019	1,091	917	1,024	1,070	1,092

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	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Cash Ratio	0.05	0.07	0.06	0.07	0.09	0.08	0.1	0.05	0.07	0.14	0.11	0.1	0.05	0.06	0.03
Current Ratio	1.23	1.08	1.29	1.26	1.1	1	0.83	0.74	0.72	0.68	0.68	0.7	0.65	0.74	0.7
Quick Ratio	0.48	0.46	0.53	0.51	0.46	0.41	0.38	0.31	0.31	0.31	0.28	0.26	0.24	0.27	0.24
CFO/Avg Current Liab	0.37	0.42	0.41	0.46	0.5	0.49	0.48	0.42	0.46	0.4	0.26	0.2	0.38	0.31	0.32
Common Equity/Total Assets	39.18	40.4	43.43	40.6	37.34	35.09	24.65	30.92	33.24	32.47	34.18	35.66	39.35	40.48	43.46
Long-Term Debt/Equity (%)	63.62	45.83	52.32	56.05	62.33	64.34	172.85	127.36	104.89	97.9	92.18	81.26	69.24	70.72	56.75
Long-Term Debt/Capital (%)	35.87	27.13	32.04	32.77	34.12	34.16	58.49	51.44	46.6	43.11	41.57	38.09	36.38	38.27	32.96
Long-Term Debt/Total Assets (%)	25.19	18.71	22.9	22.97	23.51	22.74	42.79	39.52	34.99	31.91	31.61	29.09	27.37	28.77	24.8
Total Debt/Equity (%)	77.36	68.92	63.31	71.01	82.66	88.35	195.54	147.58	125.1	127.1	121.77	113.33	90.32	84.8	72.19
Total Debt/Capital (%)	43.62	40.8	38.77	41.52	45.25	46.91	66.16	59.61	55.57	55.97	54.91	53.12	47.46	45.89	41.92
Total Debt/Total Assets (%)	30.63	28.13	27.71	29.11	31.18	31.22	48.4	45.79	41.73	41.42	41.75	40.58	35.7	34.49	31.54
CFO/Total Liabilities	13.77	18.46	18.59	19.33	21.18	21.95	10.43	11.61	13.71	12.78	9.77	7.73	15.91	11.89	12.95
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	4.96	5.5	5.53	5.53	5.72	5.62	4.03	5.3	5.62	4.78	4.81	4.45	4.58	4.92	4.8

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	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Accounts Receivable Turnover	9.09	8.99	8.58	8.58	9.06	9.59	9.27	9.88	10.47	10.86	11.72	11.31	11.47	11.45	11.25
Days Sales Outstanding	40.16	40.59	42.55	42.54	40.3	38.08	39.36	36.94	34.85	33.6	31.14	32.28	31.81	31.89	32.45
Inventory Turnover	3.99	3.9	3.8	3.61	3.59	3.52	3.79	4.06	4.03	3.6	3.45	3.23	3.37	3.49	3.38
Days Inventory Outstanding	91.56	93.57	95.94	101	101.6	103.79	96.31	89.82	90.48	101.39	105.73	112.94	108.22	104.5	107.91
Accounts Payable Turnover	6.91	6.46	6.6	6.72	6.52	6.09	5.45	4.74	4.13	3.76	3.79	3.79	3.45	3.6	3.43
Accounts Payable Turnover Days	52.85	56.51	55.28	54.35	55.98	59.97	66.95	76.93	88.32	97.09	96.3	96.35	105.92	101.32	106.49
Cash Conversion Cycle	78.88	77.66	83.21	89.19	85.92	81.89	68.73	49.83	37	37.9	40.56	48.87	34.1	35.07	33.87
Inventory to Cash Days	-51.4	-52.98	-53.38	-58.45	-61.29	-65.71	-56.95	-52.88	-55.63	-67.78	-74.59	-80.66	-76.41	-72.61	-75.46
Inventories	614	615	677	714	711	756	793	786	801	1,033	1,182	1,340	1,127	1,240	1,272
Raw Materials	345	342	372	411	391	420	395	380	388	533	626	691	557	622	643
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	269	273	305	303	320	336	398	406	413	499	556	649	570	618	629
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	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Market Capitalization	6,452	8,526	9,114	9,330	10,905	11,602	13,408	19,705	22,575	24,441	23,319	22,673	17,190	21,019	18,092
- Cash & Cash Equivalents	54	79	63	77	113	118	187	97	155	424	352	334	167	186	96
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	17	17	15	17	17	12	11	11	13	14	15	19	23	26	32
+ Total Debt	1,252	1,172	1,233	1,285	1,394	1,447	5,027	4,696	4,324	5,008	5,389	5,326	4,591	4,509	4,164
Enterprise Value	7,667	9,636	10,300	10,555	12,203	12,943	18,260	24,316	26,756	29,039	28,370	27,684	21,637	25,367	22,192
Total Capital	2,871	2,872	3,181	3,094	3,081	3,085	7,598	7,879	7,781	8,948	9,814	10,025	9,675	9,825	9,932
Total Debt/Capital (%)	43.62	40.8	38.77	41.52	45.25	46.91	66.16	59.61	55.57	55.97	54.91	53.12	47.46	45.89	41.92
Total Debt / EV	0.16	0.12	0.12	0.12	0.11	0.11	0.28	0.19	0.16	0.17	0.19	0.19	0.21	0.18	0.19
EV/Sales	2.07	2.4	2.5	2.49	2.84	2.93	3.86	4.59	5	5.18	4.49	4.36	3.25	3.77	3.24
EV/EBITDA	12.01	14.15	15.69	14.96	18.65	17.26	22.13	23.34	23.96	24.94	23.61	26.01	18.62	19.99	17.04
EV/EBIT	14.19	16.66	18.71	17.5	22.25	20.19	26.09	27.29	27.94	29.05	27.95	32.06	22.47	23.92	20.72
EV/Cash Flow to Firm	20.37	19.46	20.43	19.54	19.39	18.5	20.59	- -	24.77	25.25	30.33	35.97	15.46	23.31	19.88
EV/Free Cash Flow to Firm	20.37	19.46	20.43	19.54	19.39	18.5	20.59	- -	24.77	25.25	30.33	35.97	15.46	23.31	19.88
Diluted Market Cap	6,520	8,642	9,288	9,519	11,067	11,852	13,142	19,890	22,779	24,643	23,546	22,860	17,299	21,145	18,160
Diluted Enterprise Value	7,735	9,752	10,473	10,744	12,366	13,193	17,993	24,501	26,960	29,241	28,597	27,870	21,746	25,493	22,259
EV per Share	28.81	36.32	39.23	41.05	47.87	51.58	69.61	91.92	100.54	108.67	106.01	103.17	80.61	94.54	82.58
TTM Sales	3,698	4,014	4,123	4,243	4,296	4,412	4,730	5,303	5,347	5,601	6,318	6,351	6,662	6,724	6,840
TTM EBITDA	639	681	657	706	654	750	825	1,042	1,117	1,165	1,201	1,064	1,162	1,269	1,302
TTM Operating Income	540	578	576	608	610	657	763	930	979	1,019	1,091	917	1,024	1,070	1,092
TTM Cash Flow to Firm	376	495	504	540	629	700	887	- -	1,080	1,150	936	770	1,400	1,088	1,116
TTM Free Cash Flow to Firm	376	495	504	540	629	700	887	- -	1,080	1,150	936	770	1,400	1,088	1,116

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	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Price/Free Cash Flow	19.18	18.99	19.97	18.9	18.76	18.01	16.12	24.22	24.06	23.67	28.43	35.09	13.98	22.94	18.87
EV/EBIT	14.19	16.66	18.71	17.5	22.25	20.19	26.09	27.29	27.94	29.05	27.95	32.06	22.47	23.92	20.72
Enterprise Value	7,667	9,636	10,300	10,555	12,203	12,943	18,260	24,316	26,756	29,039	28,370	27,684	21,637	25,367	22,192
Low Price	21.83	24.23	30.75	31.5	35.53	39.69	44.32	49.02	59.4	56.73	77.29	71.21	59.11	63.95	62.64
EV/Sales	2.07	2.4	2.5	2.49	2.84	2.93	3.86	4.59	5	5.18	4.49	4.36	3.25	3.77	3.24
EV/EBITDA	12.01	14.15	15.69	14.96	18.65	17.26	22.13	23.34	23.96	24.94	23.61	26.01	18.62	19.99	17.04
Price/Earnings	17.22	20.94	23.61	21.56	27.3	24.82	27.19	21.01	32.05	32.65	30.87	33.27	25.29	26.71	22.93
Price/Earnings Average	16.87	18.46	23.43	20.55	24.96	25.46	25.92	16.32	28.72	31.21	30.93	35.25	31.39	25	24.92
Price/Earnings High	18.02	21.32	25.44	21.88	27.3	28.77	28.18	21.26	32.39	37.49	34.95	41.27	37.12	28.93	29.11
Price/Earnings Low	15.5	15.79	20.91	18.71	22.68	21.31	23.57	13.83	22.44	20.25	27.39	28.04	23.34	21.8	21.33
Price/Book Value	4.03	5.07	4.72	5.21	6.53	7.13	5.24	6.21	6.55	6.23	5.29	4.84	3.4	3.97	3.15
Price/Book Value Average	3.95	4.47	4.68	4.96	5.97	7.32	4.99	4.83	5.87	5.95	5.3	5.13	4.22	3.72	3.43
Price/Book Value High	4.22	5.16	5.08	5.28	6.53	8.27	5.43	6.29	6.62	7.15	5.98	6.01	4.99	4.3	4
Price/Book Value Low	3.63	3.82	4.18	4.52	5.42	6.12	4.54	4.09	4.59	3.86	4.69	4.08	3.14	3.24	2.93
Price/Tangible Book Value	-14.58	-25.38	-45.71	-35.78	-23.64	-20.37	-2.68	-4.61	-5.67	-5.54	-5.16	-5.56	-4.63	-6.12	-5.9
Price/Tangible Book Value Average	-14.29	-22.38	-45.37	-34.11	-21.62	-20.89	-2.56	-3.58	-5.08	-5.29	-5.17	-5.89	-5.74	-5.73	-6.41
Price/Tangible Book Value High	-15.26	-25.85	-49.25	-36.31	-23.64	-23.6	-2.78	-4.67	-5.73	-6.35	-5.84	-6.89	-6.79	-6.63	-7.49
Price/Tangible Book Value Low	-13.13	-19.14	-40.49	-31.05	-19.64	-17.48	-2.32	-3.03	-3.97	-3.43	-4.58	-4.68	-4.27	-5	-5.49
Price/Sales	1.74	2.13	2.23	2.22	2.55	2.66	2.74	3.7	4.21	4.36	3.69	3.57	2.58	3.13	2.65
Price/Sales Average	1.71	1.88	2.21	2.12	2.33	2.73	2.62	2.87	3.77	4.16	3.7	3.79	3.21	2.93	2.88
Price/Sales High	1.82	2.17	2.4	2.26	2.55	3.08	2.84	3.74	4.26	5	4.18	4.43	3.79	3.39	3.36
Price/Sales Low	1.57	1.6	1.97	1.93	2.12	2.28	2.38	2.43	2.95	2.7	3.27	3.01	2.38	2.56	2.46
Price/Cash Flow	18.95	18.77	19.74	18.74	18.58	17.81	15.92	23.88	23.79	23.44	28.15	34.83	13.91	22.84	18.81
Price/Cash Flow Average	18.57	16.55	19.6	17.87	16.99	18.28	15.18	18.55	21.31	22.4	28.2	36.9	17.27	21.38	20.45
Price/Cash Flow High	19.83	19.11	21.27	19.02	18.58	20.64	16.5	24.17	24.04	26.91	31.87	43.2	20.42	24.74	23.88
Price/Cash Flow Low	17.06	14.15	17.49	16.27	15.44	15.29	13.8	15.72	16.66	14.54	24.97	29.35	12.84	18.65	17.5
Price/Free Cash Flow Average	18.79	16.75	19.82	18.02	17.15	18.48	15.37	18.81	21.56	22.62	28.48	37.18	17.36	21.47	20.52
Price/Free Cash Flow High	20.07	19.34	21.51	19.18	18.76	20.87	16.71	24.51	24.31	27.17	32.18	43.52	20.53	24.84	23.96
Price/Free Cash Flow Low	17.26	14.32	17.68	16.41	15.58	15.46	13.98	15.94	16.85	14.68	25.22	29.57	12.91	18.72	17.56
EV/Sales Average	2.04	2.15	2.48	2.38	2.62	3	3.73	3.76	4.56	4.99	4.5	4.57	3.87	3.57	3.47
EV/Sales High	2.15	2.44	2.67	2.52	2.84	3.35	3.96	4.63	5.05	5.83	4.98	5.22	4.46	4.03	3.96
EV/Sales Low	1.9	1.88	2.25	2.2	2.41	2.56	3.48	3.31	3.74	3.53	4.07	3.8	3.05	3.2	3.06
EV/EBITDA Average	11.8	12.67	15.59	14.34	17.22	17.67	21.38	19.12	21.86	24.01	23.65	27.28	22.19	18.93	18.25
EV/EBITDA High	12.48	14.38	16.76	15.15	18.65	19.72	22.73	23.57	24.18	28.05	26.17	31.14	25.54	21.37	20.79
EV/EBITDA Low	11	11.07	14.1	13.21	15.83	15.07	19.97	16.87	17.9	16.97	21.42	22.66	17.48	16.95	16.08
EV/EBIT Average	13.95	14.92	18.59	16.78	20.55	20.66	25.2	22.35	25.49	27.97	27.99	33.62	26.78	22.66	22.2
EV/EBIT High	14.75	16.93	19.99	17.73	22.25	23.07	26.79	27.55	28.18	32.67	30.98	38.37	30.83	25.57	25.28
EV/EBIT Low	13	13.04	16.82	15.46	18.88	17.63	23.55	19.73	20.87	19.77	25.35	27.93	21.1	20.28	19.55
Last Price	24.24	32.13	34.72	36.29	42.78	46.24	51.11	74.49	84.83	91.46	87.13	84.5	64.04	78.33	67.32
High Price	25.38	32.72	37.41	36.83	42.78	53.59	52.98	75.39	85.71	105	98.62	104.81	94.02	84.85	85.48
Enterprise Value Average	7,537	8,628	10,232	10,120	11,269	13,244	17,634	19,918	24,407	27,958	28,412	29,034	25,789	24,024	23,768
Enterprise Value High	7,968	9,793	11,005	10,694	12,203	14,787	18,749	24,553	26,992	32,659	31,446	33,135	29,685	27,115	27,071
Enterprise Value Low	7,024	7,540	9,258	9,323	10,357	11,300	16,477	17,579	19,989	19,759	25,737	24,118	20,315	21,507	20,933

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	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Shares Outstanding	266	265	263	257	255	251	262	265	266	267	268	268	268	268	269
Diluted Weighted Avg Shares	269	269	268	262	259	256	257	267	269	269	270	271	270	270	270
Basic Weighted Avg Shares	266	266	265	260	256	254	254	263	266	267	268	269	269	269	269
Revenue per Share	13.91	15.11	15.59	16.31	16.76	17.4	18.63	20.14	20.14	20.99	23.61	23.65	24.79	25.01	25.44
EBITDA per Share	2.4	2.56	2.48	2.71	2.55	2.96	3.25	3.96	4.2	4.36	4.49	3.96	4.33	4.72	4.84
Operating Income per Share	2.03	2.18	2.18	2.34	2.38	2.59	3	3.53	3.69	3.82	4.07	3.42	3.81	3.98	4.06
Basic EPS, GAAP	1.41	1.53	1.47	1.68	1.57	1.86	1.88	3.55	2.65	2.8	2.82	2.54	2.53	2.93	2.94
Basic EPS from Cont Ops	1.41	1.53	1.47	1.68	1.57	1.86	1.88	3.55	2.65	2.8	2.82	2.54	2.53	2.93	2.94
Diluted EPS, GAAP	1.39	1.52	1.45	1.67	1.55	1.84	1.86	3.5	2.62	2.77	2.79	2.52	2.52	2.92	2.93
Diluted EPS from Cont Ops	1.39	1.52	1.45	1.67	1.55	1.84	1.86	3.5	2.62	2.77	2.79	2.52	2.52	2.92	2.93
Dividend per Share	0.56	0.62	0.68	0.74	0.8	0.86	0.94	1.04	1.14	1.24	1.36	1.48	1.56	1.68	1.8
Cash Flow per Share	1.28	1.71	1.76	1.94	2.3	2.6	3.21	3.12	3.57	3.9	3.09	2.43	4.6	3.43	3.58
Free Cash Flow per Basic Share	1.28	1.71	1.76	1.94	2.3	2.6	3.21	3.12	3.57	3.9	3.09	2.43	4.6	3.43	3.58
Cash & Equivalents per Share	0.2	0.3	0.24	0.3	0.44	0.47	0.71	0.37	0.58	1.59	1.31	1.24	0.62	0.69	0.36
Book Value per Share	6.02	6.34	7.36	6.97	6.55	6.48	9.76	11.99	12.94	14.69	16.48	17.44	18.85	19.72	21.35
Tangible Book Value per Share	-1.66	-1.27	-0.76	-1.01	-1.81	-2.27	-19.07	-16.16	-14.97	-16.52	-16.88	-15.21	-13.84	-12.8	-11.41