Regeneron Pharmaceuticals, Inc. Financial Ratios — RGO 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	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 (%)	-43.76	86.68	25.88	15.02	20.5	22.1	22.63	32.81	21.32	31.77	54.21	20.94	16.26	15.95	14.87
Return on Assets (%)	-18.38	44.08	16.45	9.96	13.47	14.23	15.23	23.85	15.94	21.98	37.91	15.88	12.69	12.46	11.5
Return on Capital (%)	- -	- -	21.22	12.98	18.32	20.12	20.6	30.3	20.14	27.94	46.18	18.75	14.89	14.7	13.76
Return on Invested Capital (%)	- -	- -	21.22	13.39	18.5	19.51	19.96	29.71	18.04	25.77	43.6	17.94	14.1	12.09	9.26
Gross Margin (%)	99.05	93.87	92.62	92.73	90.43	93.83	93.24	91.89	88.33	86.82	84.83	87.18	86.16	86.13	85.35
EBITDA Margin (%)	-39.05	35.88	37.26	31.09	32.33	29.53	37.89	52.13	36.91	44.87	57.45	41.73	34.06	31.5	28.74
Operating Margin (%)	-46.02	33.2	35.3	29.22	30.51	27.38	35.41	49.25	33.7	42.09	55.97	38.93	30.85	28.1	25.81
Incremental Operating Margin (%)	812.73	71.07	39.29	11.31	33.33	10.41	74.02	- -	- -	70.47	71.53	109.16	- -	- -	- -
Pretax Margin (%)	-50	30.06	33.09	27	29.85	27.36	35.4	49.62	37.04	44.84	58.03	39.91	32.01	33.66	36.47
Profit Margin (%)	-49.74	54.43	19.66	11.99	15.5	18.42	20.41	47.5	32.26	41.35	50.25	35.64	30.14	31.07	31.41
Net Income to Common Margin (%)	-49.74	54.43	19.66	11.99	15.5	18.42	20.41	47.5	32.26	41.35	50.25	35.64	30.14	31.07	31.41
Effective Tax Rate (%)	- -	- -	40.59	55.58	48.08	32.66	42.34	4.27	12.9	7.8	13.41	10.71	5.85	7.68	13.88
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	8.22
Sustainable Growth Rate (%)	-43.76	86.68	25.88	15.02	20.5	22.1	22.63	32.81	21.32	31.77	54.21	20.94	16.26	15.95	13.64

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	436	457	506	458	363	481	704	709	714	2,696	2,700	2,701	2,703	2,704	2,706
ST Debt	1	1	1	- -	- -	130	- -	- -	- -	- -	720	- -	- -	- -	- -
LT Debt	435	456	505	458	363	352	704	709	714	2,696	1,980	2,701	2,703	2,704	2,706
Total Debt/EBITDA	-2.5	0.92	0.64	0.52	0.27	0.34	0.32	0.26	0.29	0.71	0.29	0.53	0.6	0.6	0.66
Net Debt/EBITDA	1.2	0.13	-0.27	-0.57	-0.61	-0.37	-0.37	-0.55	-0.67	-0.06	-0.1	-0.22	-0.17	-0.11	-0.27
Total Debt/EBIT	-2.12	1	0.68	0.56	0.29	0.36	0.34	0.28	0.32	0.75	0.3	0.57	0.67	0.68	0.76
Net Debt/EBIT	1.02	0.14	-0.29	-0.61	-0.65	-0.4	-0.39	-0.58	-0.73	-0.06	-0.1	-0.24	-0.18	-0.13	-0.32
EBITDA to Interest Expense	-8.18	10.92	16.89	23.46	93.17	199.36	88.65	95.13	80.14	67	161.13	85.53	61.21	81.04	94.1
EBITDA-CapEx/Interest Expense	-8.18	10.92	16.89	23.46	93.17	199.36	88.65	95.13	80.14	67	161.13	68.24	58.36	78.77	86.9
EBIT to Interest Expense	-9.64	10.1	16	22.05	87.91	184.82	82.85	89.87	73.17	62.86	156.98	79.78	55.44	72.3	84.52
Interest Expense	21	45	46	37	14	7	25	28	30	57	57	59	73	55	44
Common Equity/Total Assets	36.7	59.86	66.15	66.45	65.16	63.8	70.1	74.63	74.9	64.24	73.79	77.58	78.52	77.74	77.07
Long-Term Debt/Equity (%)	89.46	36.61	25.85	17.95	9.93	7.9	11.45	8.09	6.44	24.45	10.55	11.92	10.41	9.21	8.66
Long-Term Debt/Capital (%)	47.17	26.78	20.53	15.22	9.03	7.13	10.27	7.48	6.05	19.65	9.22	10.65	9.43	8.44	7.97
Long-Term Debt/Total Assets (%)	32.83	21.92	17.1	11.93	6.47	5.04	8.03	6.04	4.82	15.71	7.78	9.25	8.17	7.16	6.67
Total Debt/Equity (%)	89.67	36.72	25.9	17.95	9.93	10.81	11.45	8.09	6.44	24.45	14.38	11.92	10.41	9.21	8.66
Total Debt/Capital (%)	47.28	26.86	20.57	15.22	9.03	9.76	10.27	7.48	6.05	19.65	12.58	10.65	9.43	8.44	7.97
Total Debt/Total Assets (%)	32.91	21.98	17.13	11.93	6.47	6.9	8.03	6.04	4.82	15.71	10.61	9.25	8.17	7.16	6.67
Net Debt to Equity	-42.94	5.32	-11.03	-19.68	-22.14	-12.03	-13.23	-16.76	-14.59	-1.95	-4.83	-4.96	-2.88	-1.72	-3.62
Net Debt/Capital (%)	-47.66	4.5	-11.2	-21.28	-25.22	-12.18	-13.47	-18.35	-15.88	-1.87	-4.87	-5.05	-2.88	-1.7	-3.67
EBITDA	-174	495	784	877	1,327	1,435	2,225	2,683	2,420	3,813	9,233	5,080	4,468	4,474	4,122
EBITDA-CapEx	-174	495	784	877	1,327	1,435	2,225	2,683	2,420	3,813	9,233	4,054	4,260	4,348	3,806
Operating Income (Loss)	-205	458	743	824	1,252	1,331	2,080	2,534	2,210	3,577	8,995	4,739	4,047	3,991	3,702

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	3.55	1.88	2.32	1.38	1.29	0.84	1.24	1.95	1.53	1.33	1.45	2.46	3.17	2.28	1.97
Current Ratio	4.49	7.37	6.01	3.18	3.59	2.56	3.82	4.47	3.67	3.63	3.56	5.06	5.69	4.73	4.13
Quick Ratio	4.25	6.12	5.52	2.87	3.1	2.13	2.98	3.5	2.86	2.86	2.98	4.16	4.82	3.86	3.28
CFO/Avg Current Liab	-1.1	-0.48	2.55	1.58	1.82	1.45	1.1	1.7	1.37	1.09	2.14	1.42	1.4	1.2	1.2
Common Equity/Total Assets	36.7	59.86	66.15	66.45	65.16	63.8	70.1	74.63	74.9	64.24	73.79	77.58	78.52	77.74	77.07
Long-Term Debt/Equity (%)	89.46	36.61	25.85	17.95	9.93	7.9	11.45	8.09	6.44	24.45	10.55	11.92	10.41	9.21	8.66
Long-Term Debt/Capital (%)	47.17	26.78	20.53	15.22	9.03	7.13	10.27	7.48	6.05	19.65	9.22	10.65	9.43	8.44	7.97
Long-Term Debt/Total Assets (%)	32.83	21.92	17.1	11.93	6.47	5.04	8.03	6.04	4.82	15.71	7.78	9.25	8.17	7.16	6.67
Total Debt/Equity (%)	89.67	36.72	25.9	17.95	9.93	10.81	11.45	8.09	6.44	24.45	14.38	11.92	10.41	9.21	8.66
Total Debt/Capital (%)	47.28	26.86	20.57	15.22	9.03	9.76	10.27	7.48	6.05	19.65	12.58	10.65	9.43	8.44	7.97
Total Debt/Total Assets (%)	32.91	21.98	17.13	11.93	6.47	6.9	8.03	6.04	4.82	15.71	10.61	9.25	8.17	7.16	6.67
CFO/Total Liabilities	-16.91	-8.93	58.92	58.45	68.1	58.87	49.89	73.73	65.4	42.65	106.23	76.56	64.64	52.59	53.53
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4.88	22.11	35.17	15.79
Altman's Z-Score	- -	- -	18.72	21.66	19.75	11.38	11.78	10.29	8.71	7.6	9.63	9.84	10.67	7.92	7.66

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	4.82	3.46	2.55	2.92	3.36	3.16	3.28	2.44	2.85	2.62	3.17	2.14	2.39	2.39	2.4
Days Sales Outstanding	75.71	105.4	142.9	125.01	108.7	115.63	111.45	149.58	128.13	139.08	115.27	170.39	152.99	152.65	152.09
Inventory Turnover	0.47	3.73	3.14	2.06	2.14	0.94	0.71	0.44	0.6	0.67	1.26	0.72	0.73	0.7	0.67
Days Inventory Outstanding	780.78	97.79	116.29	177.33	170.76	388.46	517.24	820.62	612.24	543	289.6	509.14	500.76	524.93	546.28
Accounts Payable Turnover	0.9	2.89	3.91	3.26	4.18	3.34	4.62	4.25	3.24	3.63	4.76	3.49	3.34	3.55	2.56
Accounts Payable Turnover Days	407.42	126.11	93.41	111.81	87.35	109.36	78.96	85.86	112.81	100.61	76.74	104.65	109.42	102.85	142.47
Cash Conversion Cycle	449.07	77.08	165.78	190.54	192.11	394.73	549.72	884.34	627.55	581.47	328.13	574.87	544.33	574.73	555.91
Inventory to Cash Days	-705.07	7.62	26.61	-52.33	-62.06	-272.84	-405.79	-671.03	-484.11	-403.93	-174.33	-338.75	-347.78	-372.28	-394.19
Inventories	17	29	70	129	239	399	726	1,151	1,416	1,917	1,951	2,402	2,581	3,087	3,201
Raw Materials	5	5	9	11	59	92	190	227	216	459	722	818	789	880	642
Work In Process	9	15	36	74	132	202	302	571	728	905	707	963	1,122	1,342	1,642
Finished Goods	1	3	14	11	11	13	22	24	71	122	74	99	147	140	190
Other Inventory	2	7	11	34	36	91	212	329	401	431	449	522	522	726	728

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	- -	- -	27,656	42,254	57,388	39,422	41,114	39,699	40,988	51,462	70,164	78,242	95,419	76,730	82,030
- Cash & Cash Equivalents	484	230	536	649	809	535	813	1,468	1,618	2,194	2,886	3,106	2,730	2,488	3,118
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	436	457	506	458	363	481	704	709	714	2,696	2,700	2,701	2,703	2,704	2,706
Enterprise Value	- -	- -	27,467	41,811	56,706	38,864	40,408	37,597	38,487	50,571	67,169	73,201	87,277	70,422	76,131
Total Capital	921	1,703	2,458	3,008	4,018	4,930	6,848	9,466	11,804	13,721	21,469	25,365	28,676	32,058	33,963
Total Debt/Capital (%)	47.28	26.86	20.57	15.22	9.03	9.76	10.27	7.48	6.05	19.65	12.58	10.65	9.43	8.44	7.97
Total Debt / EV	- -	- -	0.02	0.01	0.01	0.01	0.02	0.02	0.02	0.05	0.04	0.04	0.03	0.04	0.04
EV/Sales	- -	- -	13.05	14.83	13.82	8	6.88	7.31	5.87	5.95	4.18	6.01	6.65	4.96	5.31
EV/EBITDA	- -	- -	35.02	47.7	42.74	27.08	18.16	14.02	15.9	13.26	7.27	14.41	19.53	15.74	18.47
EV/EBIT	- -	- -	36.97	50.75	45.3	29.21	19.43	14.83	17.42	14.14	7.51	15.45	21.57	17.65	21.28
EV/Cash Flow to Firm	- -	- -	44.58	54.37	42.38	26.07	30.58	16.92	15.67	18.94	9.42	14.44	18.72	15.75	15.18
EV/Free Cash Flow to Firm	- -	- -	44.58	54.37	42.38	26.07	30.58	16.92	15.67	18.94	9.42	18.11	19.59	16.2	16.19
Diluted Market Cap	- -	- -	30,875	46,784	63,191	43,274	44,296	41,809	42,595	55,383	72,440	81,026	99,153	80,568	84,267
Diluted Enterprise Value	- -	- -	30,686	46,341	62,508	42,716	43,590	39,707	40,094	54,492	69,445	75,985	91,011	74,260	78,367
EV per Share	- -	- -	275.54	408.19	541.87	366.61	375.45	344.91	349.01	472.84	618.07	667.89	797.65	642.43	720.13
TTM Sales	446	1,378	2,105	2,820	4,104	4,860	5,872	5,146	6,558	8,497	16,072	12,173	13,117	14,202	14,343
TTM EBITDA	-174	495	784	877	1,327	1,435	2,225	2,683	2,420	3,813	9,233	5,080	4,468	4,474	4,122
TTM Operating Income	-205	458	743	824	1,252	1,331	2,080	2,534	2,210	3,577	8,995	4,739	4,047	3,991	3,702
TTM Cash Flow to Firm	- -	- -	616	769	1,338	1,491	1,322	2,222	2,456	2,671	7,131	5,068	4,663	4,471	5,017
TTM Free Cash Flow to Firm	- -	- -	616	769	1,338	1,491	1,322	2,222	2,456	2,671	7,131	4,041	4,455	4,346	4,701

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	- -	- -	52.45	62.18	47.48	29.12	33.89	19.05	17.53	21.15	10.23	20.32	22.61	18.76	18.07
EV/EBIT	- -	- -	36.97	50.75	45.3	29.21	19.43	14.83	17.42	14.14	7.51	15.45	21.57	17.65	21.28
Enterprise Value	- -	- -	27,467	41,811	56,706	38,864	40,408	37,597	38,487	50,571	67,169	73,201	87,277	70,422	76,131
Low Price	- -	- -	158.26	268.35	393.43	333.17	340.28	284.86	271.2	334.03	439.21	545.01	669.46	696.58	478.4
EV/Sales	- -	- -	13.05	14.83	13.82	8	6.88	7.31	5.87	5.95	4.18	6.01	6.65	4.96	5.31
EV/EBITDA	- -	- -	35.02	47.7	42.74	27.08	18.16	14.02	15.9	13.26	7.27	14.41	19.53	15.74	18.47
Price/Earnings	- -	- -	65.66	122.75	88.86	43.49	33.89	16.08	19.18	14.74	8.45	17.62	23.54	17.12	18.02
Price/Earnings Average	- -	- -	56.75	98.82	80.32	46.12	37.31	15.49	17.69	16.22	7.31	16.3	21.05	23.6	14.33
Price/Earnings High	- -	- -	74.69	129.21	95.54	62.14	46.8	17.99	22.68	20.6	8.96	19.13	23.8	29.45	18.26
Price/Earnings Low	- -	- -	37.46	79.85	63.75	38.96	30.19	12.57	14	10.23	5.75	13.45	18.07	17.03	11.11
Price/Book Value	- -	- -	14.17	16.57	15.7	8.86	6.69	4.53	3.7	4.67	3.74	3.45	3.67	2.61	2.62
Price/Book Value Average	- -	- -	12.25	13.34	14.19	9.4	7.37	4.37	3.41	5.14	3.23	3.19	3.29	3.6	2.09
Price/Book Value High	- -	- -	16.12	17.44	16.88	12.66	9.24	5.07	4.37	6.52	3.96	3.75	3.71	4.5	2.66
Price/Book Value Low	- -	- -	8.08	10.78	11.27	7.94	5.96	3.55	2.7	3.24	2.54	2.64	2.82	2.6	1.62
Price/Tangible Book Value	- -	- -	14.17	16.57	15.7	8.86	6.69	4.53	3.7	4.67	3.74	3.6	3.83	2.72	2.73
Price/Tangible Book Value Average	- -	- -	12.25	13.34	14.19	9.4	7.37	4.37	3.41	5.14	3.24	3.33	3.42	3.75	2.18
Price/Tangible Book Value High	- -	- -	16.12	17.44	16.88	12.66	9.24	5.07	4.37	6.52	3.97	3.91	3.87	4.68	2.77
Price/Tangible Book Value Low	- -	- -	8.08	10.78	11.27	7.94	5.96	3.55	2.7	3.24	2.54	2.75	2.94	2.71	1.69
Price/Sales	- -	- -	12.91	14.72	13.77	8.01	6.92	7.64	6.19	6.09	4.25	6.28	7.09	5.32	5.66
Price/Sales Average	- -	- -	11.16	11.85	12.45	8.5	7.62	7.36	5.71	6.71	3.67	5.81	6.34	7.33	4.5
Price/Sales High	- -	- -	14.68	15.5	14.81	11.45	9.55	8.55	7.32	8.52	4.5	6.82	7.17	9.15	5.73
Price/Sales Low	- -	- -	7.36	9.58	9.88	7.18	6.16	5.97	4.52	4.23	2.89	4.8	5.45	5.29	3.49
Price/Cash Flow	- -	- -	46.15	55.16	42.47	26.21	31.08	17.9	16.7	19.78	9.64	15.25	20.25	17.09	16.3
Price/Cash Flow Average	- -	- -	39.89	44.41	38.39	27.79	34.21	17.25	15.4	21.77	8.34	14.1	18.12	23.56	12.97
Price/Cash Flow High	- -	- -	52.5	58.06	45.66	37.45	42.91	20.04	19.75	27.64	10.22	16.55	20.48	29.4	16.52
Price/Cash Flow Low	- -	- -	26.33	35.88	30.47	23.48	27.68	14	12.19	13.73	6.56	11.64	15.55	17	10.05
Price/Free Cash Flow Average	- -	- -	45.34	50.06	42.92	30.88	37.31	18.35	16.17	23.28	8.85	18.79	20.22	25.87	14.38
Price/Free Cash Flow High	- -	- -	59.67	65.45	51.06	41.61	46.79	21.32	20.73	29.57	10.85	22.05	22.86	32.28	18.31
Price/Free Cash Flow Low	- -	- -	29.92	40.45	34.07	26.09	30.19	14.9	12.79	14.69	6.96	15.51	17.35	18.67	11.14
EV/Sales Average	- -	- -	11.27	11.91	12.47	8.49	7.59	7.02	5.38	6.56	3.59	5.53	5.89	7.01	4.14
EV/Sales High	- -	- -	14.86	15.62	14.87	11.47	9.55	8.23	7.01	8.36	4.44	6.56	6.73	8.85	5.38
EV/Sales Low	- -	- -	7.41	9.59	9.87	7.15	6.12	5.63	4.18	4.1	2.78	4.49	4.96	4.93	3.11
EV/EBITDA Average	- -	- -	30.24	38.3	38.58	28.74	20.02	13.47	14.59	14.62	6.25	13.25	17.28	22.24	14.4
EV/EBITDA High	- -	- -	39.88	50.24	45.99	38.85	25.19	15.78	18.99	18.64	7.73	15.73	19.77	28.1	18.74
EV/EBITDA Low	- -	- -	19.88	30.85	30.52	24.22	16.14	10.79	11.32	9.14	4.85	10.77	14.57	15.66	10.84
EV/EBIT Average	- -	- -	31.92	40.75	40.89	31	21.42	14.26	15.97	15.59	6.45	14.21	19.08	24.93	16.59
EV/EBIT High	- -	- -	42.09	53.45	48.74	41.91	26.96	16.7	20.8	19.86	7.98	16.86	21.83	31.5	21.59
EV/EBIT Low	- -	- -	20.98	32.82	32.34	26.12	17.27	11.42	12.4	9.74	5	11.54	16.09	17.55	12.49
Last Price	- -	- -	277.43	412.51	548.39	371.87	382.01	364.19	371.68	481.18	645.63	713.89	872.06	699.98	775.94
High Price	- -	- -	315.61	434.24	589.64	531.37	527.45	407.62	439.52	672.63	684.72	774.92	881.71	1,204.36	786.36
Enterprise Value Average	- -	- -	23,715	33,576	51,192	41,249	44,554	36,142	35,300	55,749	57,720	67,320	77,200	99,505	59,360
Enterprise Value High	- -	- -	31,274	44,036	61,023	55,772	56,061	42,332	45,968	71,047	71,417	79,890	88,333	125,711	77,232
Enterprise Value Low	- -	- -	15,588	27,045	40,490	34,762	35,917	28,950	27,407	34,834	44,737	54,692	65,109	70,049	44,676

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	93	97	100	102	105	106	108	109	110	107	109	110	109	110	106
Diluted Weighted Avg Shares	91	115	111	113	115	116	116	115	115	115	112	114	114	115	109
Basic Weighted Avg Shares	91	95	98	101	103	105	106	108	109	108	106	107	107	108	105
Revenue per Share	4.92	14.56	21.5	28.02	39.82	46.41	55.22	47.69	60.05	78.97	152.05	113.66	122.94	131.62	137.12
EBITDA per Share	-1.92	5.22	8.01	8.71	12.87	13.71	20.92	24.86	22.16	35.43	87.35	47.44	41.88	41.46	39.4
Operating Income per Share	-2.26	4.83	7.59	8.19	12.15	12.71	19.56	23.49	20.24	33.24	85.1	44.25	37.93	36.99	35.39
Basic EPS, GAAP	-2.45	7.92	4.23	3.36	6.17	8.55	11.27	22.65	19.38	32.65	76.4	40.51	37.05	40.9	43.07
Basic EPS from Cont Ops	-2.45	7.92	4.23	3.36	6.17	8.55	11.27	22.65	19.38	32.65	76.4	40.51	37.05	40.9	43.07
Diluted EPS, GAAP	-2.45	6.5	3.72	2.98	5.52	7.7	10.34	21.29	18.46	30.52	71.97	38.22	34.77	38.34	41.48
Diluted EPS from Cont Ops	-2.45	6.5	3.72	2.98	5.52	7.7	10.34	21.29	18.46	30.52	71.97	38.22	34.77	38.34	41.48
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3.54
Cash Flow per Share	-1.56	-0.79	6.01	7.48	12.91	14.19	12.29	20.34	22.25	24.33	66.99	46.82	43.06	40.97	47.6
Free Cash Flow per Basic Share	-1.56	-0.79	6.01	7.48	12.91	14.19	12.29	20.34	22.25	24.33	66.99	37.24	41.11	39.8	44.59
Cash & Equivalents per Share	5.68	3.17	6.96	8.79	9.99	9.8	13.1	25.78	29.15	33.54	52.4	70.64	99.11	82.22	81.4
Book Value per Share	5.23	12.8	19.58	24.9	34.92	41.97	57.09	80.34	100.56	103.09	172.71	206.79	237.37	267.78	295.67
Tangible Book Value per Share	5.23	12.8	19.58	24.9	34.92	41.97	57.09	80.34	100.56	103.09	172.64	198.44	227.88	257.3	283.77