T. Rowe Price Group, Inc. Financial Ratios — TR1 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 (%)	23.02	24.32	24.18	24.08	24.08	24.87	27.65	30.76	32.23	32.04	36.86	17.44	19.5	21.16	19.68
Return on Assets (%)	20.86	22.16	22.69	23.03	22.75	21.44	21.77	24.14	25.05	23.74	26.61	12.9	14.95	16.31	15.01
Return on Capital (%)	23.02	24.32	24.18	24.08	24.08	22.49	22.61	27.87	26.44	24.98	30.79	16.24	16.9	18.49	16.23
Return on Invested Capital (%)	22.37	22.96	23.13	22.59	22.74	21.08	21.09	25.38	23.94	23.86	28.65	17.11	14.13	15.72	13.79
Gross Margin (%)	64.7	65.34	66.8	66.61	65.63	56.43	57.29	58.18	57.55	57.85	60.98	54.96	49.63	51.94	51.27
EBITDA Margin (%)	47.3	47.81	49.6	50.29	48.21	43.57	46.39	46.92	45.89	47.29	51.03	46.54	38.2	40	38.2
Operating Margin (%)	44.66	45.14	47	47.48	45.21	42	42.41	43.67	42.49	44.24	48.36	38.47	31.55	34.91	33.87
Incremental Operating Margin (%)	50.12	49.89	59.15	50.91	3.66	- -	45.47	55.51	16.63	60.92	65.81	102.58	1,641.58	69.28	0.36
Pretax Margin (%)	45.52	47.48	48.8	50.3	47.67	45.75	51.6	44.38	52.11	52.24	52.07	30.03	38.55	39.75	39.31
Profit Margin (%)	28.15	29.23	30.07	30.88	29.11	28.36	30.85	34.2	37.94	38.23	40.18	24.01	27.69	29.61	28.53
Net Income to Common Margin (%)	28.15	29.23	30.07	30.88	29.11	28.36	30.85	34.2	37.94	38.23	40.18	24.01	27.69	29.61	28.53
Effective Tax Rate (%)	38.17	38.43	38.39	38.62	38.92	36.04	36.88	25.83	23.17	22.17	22.43	25.59	26.29	24.25	23.2
Dvd Payout Ratio (%)	41.11	68.29	37.86	37.58	86.59	41.83	33.83	40.84	31.01	31.63	54.65	82.56	59.58	52.3	49.07
Sustainable Growth Rate (%)	13.56	7.71	15.03	15.03	3.23	14.47	18.3	18.19	22.23	21.91	16.71	3.04	7.88	10.09	10.03

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	- -	- -	- -	- -	- -	- -	- -	- -	146	154	249	330	309	279	447
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	- -	- -	- -	- -	- -	- -	- -	- -	146	154	249	330	309	279	447
Total Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	0.06	0.05	0.06	0.11	0.13	0.1	0.16
Net Debt/EBITDA	-0.69	-0.61	-0.81	-0.75	-0.58	-0.65	-0.84	-0.57	-0.69	-0.73	-0.39	-0.58	-0.84	-0.93	-1.21
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	0.06	0.06	0.07	0.14	0.16	0.12	0.2
Net Debt/EBIT	-0.73	-0.64	-0.85	-0.8	-0.62	-0.7	-0.9	-0.6	-0.75	-0.78	-0.41	-0.74	-1.04	-1.14	-1.54
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	90.73	91.51	95.73	95.59	93.25	80.46	77.29	79.65	76.12	72.31	72.13	75.92	77.41	76.79	75.72
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	1.78	1.66	2.43	3.4	3	2.43	3.71
Long-Term Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	1.75	1.64	2.37	3.29	2.91	2.38	3.58
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	- -	- -	1.57	1.45	1.99	2.83	2.51	2.07	3.12
Total Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	1.78	1.66	2.43	3.4	3	2.43	3.71
Total Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	1.75	1.64	2.37	3.29	2.91	2.38	3.58
Total Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	- -	- -	1.57	1.45	1.99	2.83	2.51	2.07	3.12
Net Debt to Equity	-26.25	-22.86	-29.02	-27.92	-24.62	-21.15	-27.91	-20.76	-21.67	-23.21	-14.85	-18.12	-20.08	-23.14	-28.03
Net Debt/Capital (%)	-35.59	-29.63	-40.88	-38.73	-32.66	-26.83	-38.72	-26.2	-27.05	-29.59	-16.96	-21.25	-24.22	-29.19	-37.03
EBITDA	1,299	1,445	1,728	2,003	2,025	1,867	2,252	2,521	2,578	2,935	3,915	3,020	2,468	2,838	2,794
EBITDA-CapEx	1,217	1,368	1,622	1,876	1,874	1,719	2,066	2,352	2,373	2,721	3,676	2,782	2,160	2,414	2,520
Operating Income (Loss)	1,227	1,364	1,637	1,891	1,899	1,800	2,059	2,346	2,387	2,746	3,710	2,496	2,038	2,477	2,477

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	3.14	3.31	9.8	9.02	6.11	5.47	6.69	5.04	7.23	7.89	2.99	3.88	4.23	6.01	8.29
Current Ratio	4.2	4.64	12.6	11.67	8.44	7.54	8.67	6.99	9.86	11.06	5.07	5.53	5.88	8.01	10.57
Quick Ratio	4.2	4.64	12.6	11.67	8.44	7.54	8.67	6.99	9.86	11.06	5.07	5.53	5.88	8.01	10.57
CFO/Avg Current Liab	4.02	3.27	6.04	8.68	8.53	0.83	0.91	5.71	5.76	7.39	8.83	4.91	2.59	3.63	4.13
Common Equity/Total Assets	90.73	91.51	95.73	95.59	93.25	80.46	77.29	79.65	76.12	72.31	72.13	75.92	77.41	76.79	75.72
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	1.78	1.66	2.43	3.4	3	2.43	3.71
Long-Term Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	1.75	1.64	2.37	3.29	2.91	2.38	3.58
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	- -	- -	1.57	1.45	1.99	2.83	2.51	2.07	3.12
Total Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	1.78	1.66	2.43	3.4	3	2.43	3.71
Total Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	1.75	1.64	2.37	3.29	2.91	2.38	3.58
Total Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	- -	- -	1.57	1.45	1.99	2.83	2.51	2.07	3.12
CFO/Total Liabilities	271.28	253.1	573.58	539.29	443.75	32.22	31.95	196.42	137.51	138.02	153.06	120.6	61.34	83.37	76.61
CFO/CapEx	11.52	11.74	11.66	10.65	10.12	1.15	1.23	9.61	7.44	8.94	14.44	9.93	3.96	3.98	6.39
Altman's Z-Score	28.75	31.64	64.79	58.37	35.74	24.24	24.76	19.08	18.46	17.37	15.81	11	10.48	10.73	9.05

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	8.97	9.18	9.26	9.46	9.45	9.51	9.52	9.64	9.39	8.22	7.99	7.18	8.3	8.42	8.09
Days Sales Outstanding	40.68	39.75	39.43	38.57	38.61	38.38	38.36	37.87	38.86	44.39	45.71	50.83	43.97	43.36	45.12
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

	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	14,543	16,635	21,902	22,692	18,246	18,526	25,953	21,761	28,720	33,656	45,176	24,576	24,280	25,532	22,699
- Cash & Cash Equivalents	898	879	1,398	1,506	1,172	1,205	1,903	1,425	1,782	2,152	1,523	1,756	2,067	2,650	3,378
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	687	993	740	1,121	1,562	1,231	847	786	1,105	1,193
+ Total Debt	- -	- -	- -	- -	- -	- -	- -	- -	146	154	249	330	309	279	447
Enterprise Value	13,645	15,756	20,504	21,185	17,074	18,009	25,043	21,076	28,205	33,220	45,133	23,997	23,308	24,266	20,961
Total Capital	3,421	3,846	4,818	5,395	4,762	5,696	6,817	6,865	8,369	9,423	10,503	10,017	10,600	11,729	12,500
Total Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	1.75	1.64	2.37	3.29	2.91	2.38	3.58
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -	- -	0.01	- -	0.01	0.01	0.01	0.01	0.02
EV/Sales	4.97	5.21	5.88	5.32	4.06	4.2	5.16	3.92	5.02	5.35	5.88	3.7	3.61	3.42	2.87
EV/EBITDA	10.5	10.9	11.87	10.58	8.43	9.65	11.12	8.36	10.94	11.32	11.53	7.95	9.44	8.55	7.5
EV/EBIT	11.12	11.55	12.52	11.2	8.99	10.39	11.88	8.93	11.82	12.1	12.17	10.11	11.73	10.4	9.58
EV/Cash Flow to Firm	14.39	17.45	16.63	15.76	11.16	105.62	109.12	13.01	18.52	17.31	13.07	10.17	19.12	14.4	11.95
EV/Free Cash Flow to Firm	15.75	19.08	18.19	17.4	12.38	811.2	577.03	14.52	21.4	19.49	14.05	11.31	25.58	19.23	14.17
Diluted Market Cap	15,118	16,893	22,255	23,238	19,006	18,944	25,952	22,568	29,133	34,134	45,102	24,882	24,373	25,570	22,879
Diluted Enterprise Value	14,220	16,014	20,857	21,732	17,834	18,426	25,042	21,883	28,619	33,698	45,059	24,303	23,401	24,304	21,141
EV per Share	53.87	61.3	78.24	81.14	68.17	73.57	102.17	88.53	119.91	145.73	196.94	106.98	104.08	108.83	95.9
TTM Sales	2,747	3,023	3,484	3,982	4,201	4,285	4,855	5,373	5,618	6,207	7,672	6,488	6,461	7,094	7,315
TTM EBITDA	1,299	1,445	1,728	2,003	2,025	1,867	2,252	2,521	2,578	2,935	3,915	3,020	2,468	2,838	2,794
TTM Operating Income	1,227	1,364	1,637	1,891	1,899	1,800	2,059	2,346	2,387	2,746	3,710	2,496	2,038	2,477	2,477
TTM Cash Flow to Firm	948	903	1,233	1,344	1,531	171	230	1,620	1,523	1,919	3,452	2,359	1,219	1,686	1,753
TTM Free Cash Flow to Firm	866	826	1,127	1,218	1,379	22	43	1,451	1,318	1,704	3,213	2,122	911	1,262	1,479

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	17.46	20.45	19.74	19.08	13.78	853.33	597.97	15.55	22.1	20.03	14.04	11.73	26.75	20.26	15.47
EV/EBIT	11.12	11.55	12.52	11.2	8.99	10.39	11.88	8.93	11.82	12.1	12.17	10.11	11.73	10.4	9.58
Enterprise Value	13,645	15,756	20,504	21,185	17,074	18,009	25,043	21,076	28,205	33,220	45,133	23,997	23,308	24,266	20,961
Low Price	45.91	55.19	66.79	73.93	68.21	60.95	66.05	86.52	88.13	84.75	144.61	95.29	88.63	101.57	77.77
EV/Sales	4.97	5.21	5.88	5.32	4.06	4.2	5.16	3.92	5.02	5.35	5.88	3.7	3.61	3.42	2.87
EV/EBITDA	10.5	10.9	11.87	10.58	8.43	9.65	11.12	8.36	10.94	11.32	11.53	7.95	9.44	8.55	7.5
Price/Earnings	18.98	18.56	20.6	18.35	15.17	15.29	17.05	12.05	13.49	14.24	14.49	15.89	13.58	12.15	10.95
Price/Earnings Average	19.6	17.71	18.42	17.09	16.14	14.34	12.95	14.48	11.84	12.21	14.06	18.61	13.62	11.94	10.68
Price/Earnings High	23.4	18.98	20.62	18.4	17.92	15.84	17.05	16.65	13.77	14.71	16.54	28.54	16.25	13.17	12.21
Price/Earnings Low	15.18	15.83	16.47	15.61	14.2	12.32	10.64	11.4	9.73	8.17	10.63	13.82	11.1	10.78	8.2
Price/Book Value	4.25	4.33	4.55	4.21	3.83	3.7	4.46	3.55	4.04	4.37	5.01	2.78	2.55	2.47	2.09
Price/Book Value Average	4.39	4.13	4.06	3.92	4.08	3.47	3.38	4.27	3.55	3.74	4.86	3.26	2.56	2.43	2.04
Price/Book Value High	5.24	4.42	4.55	4.22	4.53	3.83	4.46	4.91	4.13	4.51	5.72	4.99	3.06	2.68	2.33
Price/Book Value Low	3.4	3.69	3.63	3.58	3.59	2.98	2.78	3.36	2.92	2.51	3.67	2.42	2.09	2.19	1.57
Price/Tangible Book Value	5.28	5.23	5.27	4.8	4.45	4.27	5.03	3.99	4.46	4.78	8.34	4.41	3.82	3.48	2.86
Price/Tangible Book Value Average	5.45	4.99	4.71	4.47	4.74	4	3.82	4.79	3.92	4.1	8.09	5.17	3.83	3.42	2.79
Price/Tangible Book Value High	6.51	5.35	5.28	4.81	5.26	4.42	5.03	5.51	4.56	4.94	9.52	7.93	4.57	3.77	3.19
Price/Tangible Book Value Low	4.22	4.46	4.22	4.08	4.17	3.44	3.14	3.77	3.22	2.74	6.12	3.84	3.12	3.09	2.14
Price/Sales	5.34	5.43	6.2	5.67	4.42	4.34	5.26	4.12	5.12	5.44	5.82	3.82	3.76	3.6	3.12
Price/Sales Average	5.52	5.18	5.54	5.28	4.7	4.07	4	4.95	4.49	4.67	5.65	4.47	3.77	3.53	3.05
Price/Sales High	6.58	5.55	6.2	5.68	5.22	4.49	5.26	5.7	5.23	5.62	6.65	6.85	4.5	3.9	3.48
Price/Sales Low	4.27	4.63	4.95	4.82	4.13	3.49	3.28	3.9	3.69	3.12	4.27	3.32	3.07	3.19	2.34
Price/Cash Flow	15.47	18.17	17.5	16.79	12.12	108.98	111.28	13.67	18.88	17.6	12.94	10.49	19.93	15.14	13.03
Price/Cash Flow Average	15.98	17.34	15.65	15.63	12.9	102.2	84.52	16.42	16.57	15.1	12.55	12.29	19.99	14.87	12.71
Price/Cash Flow High	19.07	18.58	17.52	16.84	14.32	112.85	111.28	18.89	19.28	18.19	14.77	18.84	23.85	16.41	14.53
Price/Cash Flow Low	12.37	15.49	13.99	14.28	11.35	87.76	69.42	12.94	13.62	10.11	9.49	9.13	16.29	13.43	9.76
Price/Free Cash Flow Average	18.03	19.52	17.64	17.77	14.66	800.29	454.15	18.69	19.4	17.17	13.62	13.73	26.83	19.91	15.09
Price/Free Cash Flow High	21.51	20.92	19.75	19.14	16.28	883.63	597.97	21.49	22.57	20.7	16.02	21.06	32	21.97	17.25
Price/Free Cash Flow Low	13.96	17.44	15.78	16.23	12.9	687.22	373.03	14.72	15.95	11.5	10.3	10.2	21.87	17.97	11.58
EV/Sales Average	5.14	4.96	5.22	4.93	4.34	3.93	3.87	4.74	4.4	4.58	5.71	4.35	3.62	3.36	2.79
EV/Sales High	6.2	5.34	5.89	5.34	4.85	4.36	5.16	5.47	5.13	5.53	6.72	6.71	4.35	3.72	3.22
EV/Sales Low	3.91	4.4	4.62	4.47	3.79	3.36	3.15	3.71	3.6	3.04	4.31	3.21	2.92	3.01	2.09
EV/EBITDA Average	10.87	10.38	10.52	9.8	9.01	9.03	8.35	10.1	9.58	9.68	11.18	9.34	9.47	8.4	7.3
EV/EBITDA High	13.1	11.16	11.87	10.61	10.07	10	11.12	11.66	11.18	11.7	13.16	14.42	11.38	9.31	8.44
EV/EBITDA Low	8.26	9.21	9.32	8.89	7.86	7.71	6.78	7.9	7.84	6.43	8.45	6.89	7.65	7.53	5.46
EV/EBIT Average	11.51	10.99	11.1	10.38	9.61	9.72	8.92	10.78	10.34	10.35	11.8	11.88	11.77	10.21	9.32
EV/EBIT High	13.88	11.83	12.53	11.24	10.74	10.77	11.88	12.45	12.07	12.51	13.89	18.35	14.14	11.32	10.77
EV/EBIT Low	8.74	9.75	9.84	9.41	8.38	8.31	7.25	8.43	8.47	6.88	8.92	8.76	9.5	9.16	6.97
Last Price	57.42	64.72	83.57	86.9	72.85	75.68	105.88	91.4	122.1	147.64	197.12	109.56	108.42	114.51	103.85
High Price	70.77	66.19	83.63	87.16	86.07	78.37	105.88	126.34	124.71	152.56	225.01	196.73	129.72	124.16	115.8
Enterprise Value Average	14,122	14,996	18,178	19,625	18,244	16,857	18,801	25,465	24,691	28,424	43,786	28,199	23,380	23,824	20,407
Enterprise Value High	17,026	16,133	20,518	21,252	20,387	18,667	25,043	29,393	28,819	34,343	51,524	43,551	28,077	26,417	23,572
Enterprise Value Low	10,729	13,307	16,105	17,798	15,913	14,402	15,281	19,914	20,214	18,885	33,098	20,797	18,875	21,380	15,259

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	253	257	262	261	250	245	245	238	235	228	229	224	224	223	219
Diluted Weighted Avg Shares	263	261	266	267	261	250	245	247	239	231	229	227	225	223	220
Basic Weighted Avg Shares	256	253	258	260	255	245	241	242	235	229	227	226	224	223	220
Revenue per Share	10.75	11.93	13.49	15.34	16.5	17.45	20.13	22.18	23.87	27.13	33.86	28.71	28.83	31.84	33.25
EBITDA per Share	5.08	5.7	6.69	7.71	7.95	7.6	9.34	10.41	10.95	12.83	17.28	13.36	11.01	12.74	12.7
Operating Income per Share	4.8	5.38	6.34	7.28	7.46	7.33	8.54	9.69	10.14	12	16.37	11.04	9.09	11.12	11.26
Basic EPS, GAAP	3.03	3.49	4.06	4.74	4.8	4.95	6.21	7.59	9.05	10.37	13.61	6.89	7.98	9.43	9.49
Basic EPS from Cont Ops	3.03	3.49	4.06	4.74	4.8	5.11	6.56	7.3	9.55	11.03	13.67	6.41	8.19	9.59	10.04
Diluted EPS, GAAP	2.94	3.39	3.93	4.6	4.69	4.85	6.11	7.44	8.93	10.26	13.47	6.86	7.96	9.4	9.47
Diluted EPS from Cont Ops	2.94	3.39	3.93	4.6	4.69	5.01	6.45	7.16	9.43	10.91	13.54	6.38	8.17	9.56	10.02
Dividend per Share	1.24	2.38	1.54	1.78	4.16	2.2	2.33	2.87	3.12	3.7	7.51	4.9	5.01	5.1	5.2
Cash Flow per Share	3.71	3.56	4.77	5.18	6.01	0.69	0.95	6.69	6.47	8.39	15.23	10.44	5.44	7.57	7.97
Free Cash Flow per Basic Share	3.39	3.26	4.36	4.69	5.42	0.09	0.18	5.99	5.6	7.45	14.18	9.39	4.07	5.67	6.72
Cash & Equivalents per Share	3.55	3.42	5.33	5.77	4.68	4.92	7.76	5.99	7.58	9.44	6.65	7.83	9.23	11.88	15.46
Book Value per Share	13.51	14.96	18.38	20.66	19.01	20.46	23.76	25.72	30.19	33.81	39.37	39.41	42.45	46.4	49.69
Tangible Book Value per Share	10.88	12.37	15.84	18.11	16.35	17.74	21.05	22.93	27.36	30.89	23.63	24.82	28.38	32.9	36.34