Vertex Pharmaceuticals Incorporated Financial Ratios — VX1

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 (%)	4.58	-11.99	-37.78	-60.75	-55.22	-10.69	16.54	64.88	22.37	36.71	24.93	27.67	22.99	-3.15	22.54
Return on Assets (%)	1.51	-4.31	-17.53	-31.74	-23.02	-4.15	8.18	42.83	16.16	27.02	18.6	21.04	17.71	-2.37	16.41
Return on Capital (%)	3.6	- -	- -	- -	- -	- -	- -	- -	20.84	33.76	23.15	26	22.02	-3.29	20.41
Return on Invested Capital (%)	6.36	- -	- -	- -	- -	- -	- -	- -	17	30.04	22.73	25.79	18.95	2.73	18.17
Gross Margin (%)	94.29	81.67	89.25	89.49	87.94	87.64	88.95	86.56	86.84	88.14	88.06	87.9	87.21	86.11	86.24
EBITDA Margin (%)	10.55	5.56	-46.34	-108.4	-39.19	4.19	7.42	23.22	31.33	47.79	38.39	49.89	40.66	-0.23	36.52
Operating Margin (%)	15.72	3.18	-12.92	-110.52	-45.01	0.66	15.78	21.79	28.87	46.24	36.69	47.59	38.31	-2.12	37.95
Incremental Operating Margin (%)	72.3	- -	65.12	76.78	39.12	71.04	48.52	48.51	48.25	81.62	- -	108.45	- -	- -	487.95
Pretax Margin (%)	4.28	2.1	-51.65	-126.61	-54.03	-3.96	-0.63	19.7	33.51	50.23	36.05	47.39	44.38	2.25	38.69
Profit Margin (%)	2.1	-7.01	-36.72	-127.25	-53.89	-6.58	10.59	68.8	28.27	43.7	30.92	37.2	36.68	-4.86	32.94
Net Income to Common Margin (%)	2.1	-7.01	-36.72	-127.25	-53.89	-6.58	10.59	68.8	28.27	43.7	30.92	37.2	36.68	-4.86	32.94
Effective Tax Rate (%)	31.87	- -	- -	- -	- -	- -	- -	- -	15.64	13	14.22	21.51	17.36	315.53	14.86
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	4.58	-11.99	-37.78	-60.75	-55.22	-10.69	16.54	64.88	22.37	36.71	24.93	27.67	22.99	-3.15	22.54

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	456	697	507	825	826	841	606	587	662	932	967	900	808	1,744	2,031
ST Debt	- -	14	17	32	87	319	23	5	39	42	80	89	84	87	77
LT Debt	456	683	490	793	739	521	584	582	623	890	887	810	725	1,657	1,953
Total Debt/EBITDA	3.06	8.21	-0.9	-1.31	-2.04	11.79	3.28	0.83	0.51	0.31	0.33	0.2	0.2	-67.87	0.46
Net Debt/EBITDA	-0.51	-1.05	1.01	0.53	1.04	-12.39	-9.02	-3.75	-2.38	-2.02	-2.34	-2.36	-2.58	177.81	-1.16
Total Debt/EBIT	4.01	14.91	-0.83	-1.19	-1.77	84.62	4.92	0.92	0.55	0.33	0.35	0.21	0.21	-7.49	0.49
Net Debt/EBIT	-0.66	-1.91	0.93	0.48	0.9	-88.96	-13.51	-4.17	-2.6	-2.1	-2.44	-2.44	-2.71	19.62	-1.22
EBITDA to Interest Expense	3.95	5.65	-24.5	-8.63	-4.8	0.88	2.66	9.76	22.3	50.96	47.28	81.31	91	-0.84	329.56
EBITDA-CapEx/Interest Expense	1.44	0.92	-26.74	-9.34	-5.34	0.18	-1.08	8.45	21.01	46.49	43.46	77.57	85.15	-16.7	296.65
EBIT to Interest Expense	5.88	3.23	-6.83	-8.8	-5.52	0.14	5.67	9.16	20.55	49.3	45.19	77.55	85.72	-7.63	342.44
Interest Expense	38	15	23	73	84	81	69	72	59	58	62	55	44	31	13
Common Equity/Total Assets	35.7	36.21	58.49	46.05	37.62	39.93	57.21	71.01	73.15	73.92	75.19	76.65	77.34	72.82	72.79
Long-Term Debt/Equity (%)	49.11	57.13	36.1	72.34	67.61	38.96	28.59	13.11	10.24	10.24	8.78	5.82	4.12	10.1	10.46
Long-Term Debt/Capital (%)	32.93	36.1	26.29	41.27	38.51	23.93	22.04	11.58	9.23	9.25	8.02	5.47	3.94	9.13	9.44
Long-Term Debt/Total Assets (%)	20.68	24.76	21.12	33.96	29.59	18	16.47	9.31	7.49	7.57	6.6	4.46	3.19	7.35	7.62
Total Debt/Equity (%)	49.11	58.28	37.35	75.26	75.55	62.83	29.69	13.23	10.87	10.73	9.58	6.47	4.6	10.63	10.88
Total Debt/Capital (%)	32.93	36.82	27.19	42.94	43.04	38.59	22.9	11.68	9.81	9.69	8.74	6.07	4.4	9.61	9.81
Total Debt/Total Assets (%)	20.68	25.26	21.84	35.33	33.07	29.02	17.1	9.4	7.95	7.93	7.2	4.96	3.56	7.74	7.92
Net Debt to Equity	-8.11	-7.48	-41.97	-30.15	-38.37	-66.06	-81.55	-59.75	-51.1	-68.93	-67.28	-75.5	-58.98	-27.85	-27.24
Net Debt/Capital (%)	-8.29	-6.37	-44.01	-25.5	-34.82	-88.84	-169.37	-111.73	-85.48	-164.94	-159.04	-243.8	-129.3	-33.64	-32.57
EBITDA	149	85	-562	-629	-405	71	185	708	1,304	2,966	2,908	4,456	4,013	-26	4,383
EBITDA-CapEx	54	14	-613	-680	-450	15	-75	612	1,229	2,706	2,673	4,251	3,755	-511	3,946
Operating Income (Loss)	222	49	-157	-641	-465	11	393	664	1,202	2,869	2,779	4,250	3,780	-233	4,554

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	2.47	3.05	3.68	3.77	2.06	1.81	2.59	2.83	2.85	3.55	3.51	3.93	3.16	1.72	1.71
Current Ratio	3.39	3.67	3.99	4.2	2.78	2.31	3.28	3.43	3.61	4.33	4.46	4.83	3.99	2.69	2.9
Quick Ratio	2.94	3.39	3.92	4.01	2.43	2.11	3.07	3.19	3.33	4.02	4.04	4.46	3.6	2.17	2.24
CFO/Avg Current Liab	0.33	0.65	-0.15	-1.5	-0.84	0.36	1.06	1.32	1.28	2.03	1.32	1.69	1.12	-0.14	0.98
Common Equity/Total Assets	35.7	36.21	58.49	46.05	37.62	39.93	57.21	71.01	73.15	73.92	75.19	76.65	77.34	72.82	72.79
Long-Term Debt/Equity (%)	49.11	57.13	36.1	72.34	67.61	38.96	28.59	13.11	10.24	10.24	8.78	5.82	4.12	10.1	10.46
Long-Term Debt/Capital (%)	32.93	36.1	26.29	41.27	38.51	23.93	22.04	11.58	9.23	9.25	8.02	5.47	3.94	9.13	9.44
Long-Term Debt/Total Assets (%)	20.68	24.76	21.12	33.96	29.59	18	16.47	9.31	7.49	7.57	6.6	4.46	3.19	7.35	7.62
Total Debt/Equity (%)	49.11	58.28	37.35	75.26	75.55	62.83	29.69	13.23	10.87	10.73	9.58	6.47	4.6	10.63	10.88
Total Debt/Capital (%)	32.93	36.82	27.19	42.94	43.04	38.59	22.9	11.68	9.81	9.69	8.74	6.07	4.4	9.61	9.81
Total Debt/Total Assets (%)	20.68	25.26	21.84	35.33	33.07	29.02	17.1	9.4	7.95	7.93	7.2	4.96	3.56	7.74	7.92
CFO/Total Liabilities	11.27	17.13	-6.3	-46.27	-26.01	15.15	56.19	70.15	70.27	106.15	79.32	97.44	68.69	-8.04	52.05
CFO/CapEx	1.52	3.76	-1.18	-11.19	-8.07	4.17	3.26	13.31	20.81	12.52	11.25	20.18	13.69	-1.01	8.3
Altman's Z-Score	2.22	2.56	9.21	11.01	10.23	5.32	14.96	14.44	16.73	14.22	12.71	13.18	14.63	11.71	12.29

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	14.42	9.36	10.6	7.19	8.27	9.1	10.33	8.82	7.98	8.17	7.49	6.93	6.57	6.95	6.55
Days Sales Outstanding	25.31	39.01	34.45	50.77	44.16	40.12	35.32	41.38	45.73	44.67	48.72	52.7	55.58	52.54	55.69
Inventory Turnover	1.43	3.92	5.84	2.71	2.83	3.12	2.9	3.47	3.75	3.28	2.85	2.66	2.1	1.57	1.14
Days Inventory Outstanding	254.87	93.17	62.49	134.64	129.06	116.9	125.66	105.25	97.23	111.12	127.94	137.46	173.42	231.83	319.64
Accounts Payable Turnover	3.49	2.25	1.51	1.29	2.06	3.39	4.57	4.56	5.95	7	5.58	4.76	4.61	5.13	4.88
Accounts Payable Turnover Days	104.52	162.23	241.21	283.12	176.77	107.82	79.91	79.98	61.33	52.14	65.43	76.65	79.24	71.09	74.85
Cash Conversion Cycle	175.67	-30.05	-144.27	-97.7	-3.55	49.2	81.08	66.65	81.64	103.65	111.24	113.51	149.76	213.29	300.48
Inventory to Cash Days	-229.56	-54.17	-28.05	-83.87	-84.9	-76.78	-90.34	-63.87	-51.5	-66.45	-79.22	-84.76	-117.84	-179.29	-263.95
Inventories	112	30	14	31	57	78	112	124	168	281	353	461	739	1,205	1,687
Raw Materials	32	4	- -	9	9	6	21	10	26	46	42	38	79	252	260
Work In Process	47	11	10	21	41	57	74	88	107	161	224	261	525	769	1,197
Finished Goods	33	15	4	2	8	15	17	27	34	73	87	162	135	185	230
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	6,846	9,016	17,188	28,836	31,291	18,411	38,333	41,467	57,050	60,624	56,696	73,919	105,266	104,210	116,536
- Cash & Cash Equivalents	475	489	569	625	715	1,184	1,665	2,650	3,109	5,988	6,795	10,504	10,369	4,570	5,085
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	142	197	- -	21	154	182	14	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	456	697	507	825	826	841	606	587	662	932	967	900	808	1,744	2,031
Enterprise Value	6,474	8,588	16,229	28,295	31,229	17,999	36,865	38,885	53,903	54,897	50,139	64,041	94,856	99,838	111,958
Total Capital	1,384	1,893	1,863	1,921	1,920	2,179	2,649	5,022	6,747	9,619	11,067	14,812	18,389	18,154	20,696
Total Debt/Capital (%)	32.93	36.82	27.19	42.94	43.04	38.59	22.9	11.68	9.81	9.69	8.74	6.07	4.4	9.61	9.81
Total Debt / EV	0.07	0.08	0.03	0.03	0.03	0.05	0.02	0.02	0.01	0.02	0.02	0.01	0.01	0.02	0.02
EV/Sales	4.59	5.62	13.39	48.75	30.25	10.57	14.81	12.76	12.95	8.85	6.62	7.17	9.61	9.06	9.33
EV/EBITDA	43.49	101.14	- -	- -	- -	252.31	199.66	54.96	41.32	18.51	17.24	14.37	23.64	- -	25.54
EV/EBIT	56.88	183.8	- -	- -	- -	1,811.45	299.12	61.22	45.01	19.22	18.02	14.87	24.75	- -	26.83
EV/Cash Flow to Firm	38.22	- -	- -	- -	- -	- -	- -	- -	33.3	16.61	18.6	15.35	26.54	- -	30.73
EV/Free Cash Flow to Firm	86.54	- -	- -	- -	- -	- -	- -	- -	34.93	18.03	20.37	16.14	28.61	- -	34.93
Diluted Market Cap	6,829	8,794	16,535	28,066	30,657	18,143	38,329	42,119	57,420	61,442	57,904	74,520	106,411	104,599	118,375
Diluted Enterprise Value	6,458	8,367	15,576	27,525	30,594	17,730	36,860	39,537	54,273	55,715	51,347	64,641	96,001	100,227	113,797
EV per Share	30.93	39.53	69.42	117.04	126.79	72.49	145.56	152.39	208.13	211.23	197.03	249.17	368.09	388.57	440.8
TTM Sales	1,411	1,527	1,212	580	1,032	1,702	2,489	3,048	4,163	6,206	7,574	8,931	9,869	11,020	12,001
TTM EBITDA	149	85	-562	-629	-405	71	185	708	1,304	2,966	2,908	4,456	4,013	-26	4,383
TTM Operating Income	222	49	-157	-641	-465	11	393	664	1,202	2,869	2,779	4,250	3,780	-233	4,554
TTM Cash Flow to Firm	169	- -	- -	- -	- -	- -	- -	- -	1,619	3,304	2,696	4,173	3,574	-559	3,643
TTM Free Cash Flow to Firm	75	- -	- -	- -	- -	- -	- -	- -	1,543	3,044	2,461	3,968	3,315	-1,044	3,205

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	138.98	44.71	-147.56	-44.95	-74.64	101.05	65.46	35.85	38.44	20.52	24.04	18.99	32.45	-106.95	37.06
EV/EBIT	56.88	183.8	- -	- -	- -	1,811.45	299.12	61.22	45.01	19.22	18.02	14.87	24.75	- -	26.83
Enterprise Value	6,474	8,588	16,229	28,295	31,229	17,999	36,865	38,885	53,903	54,897	50,139	64,041	94,856	99,838	111,958
Low Price	26.77	31.93	43.58	62.32	97.43	71.65	72.23	143.75	159.24	196.7	175.2	214.74	279.69	378.26	363.72
EV/Sales	4.59	5.62	13.39	48.75	30.25	10.57	14.81	12.76	12.95	8.85	6.62	7.17	9.61	9.06	9.33
EV/EBITDA	43.49	101.14	- -	- -	- -	252.31	199.66	54.96	41.32	18.51	17.24	14.37	23.64	- -	25.54
Price/Earnings	226.6	- -	- -	- -	- -	- -	142.96	19.71	48.05	22.35	24.51	22.17	29.08	- -	29.68
Price/Earnings Average	304.83	- -	- -	- -	- -	- -	118.89	20.28	40.22	24.08	22.48	21.13	24.06	- -	28.58
Price/Earnings High	406.47	- -	- -	- -	- -	- -	155.92	23.48	48.96	29.36	26.68	25.02	29.3	- -	33.42
Price/Earnings Low	185.43	- -	- -	- -	- -	- -	68.22	17.43	34.74	18.85	19.28	16.55	19.91	- -	23.53
Price/Book Value	8.7	9.02	12.67	26.82	33.29	15.92	18.9	9.35	9.38	6.98	5.61	5.31	5.99	6.35	6.24
Price/Book Value Average	11.7	10.3	11.66	20.03	32.38	18.9	15.72	9.62	7.85	7.52	5.15	5.06	4.95	7.06	6.01
Price/Book Value High	15.61	14.09	15.24	27.2	37.31	26.62	20.61	11.14	9.55	9.17	6.11	6	6.03	8.11	7.03
Price/Book Value Low	7.12	6.94	7.51	14.02	25.53	15.38	9.02	8.27	6.78	5.88	4.41	3.97	4.1	5.92	4.95
Price/Tangible Book Value	74.13	29.59	12.97	28.66	51.7	22.4	19.67	9.46	12.18	8.32	6.52	6.05	6.73	7.19	6.79
Price/Tangible Book Value Average	99.72	33.77	11.94	21.4	50.28	26.6	16.36	9.73	10.2	8.97	5.98	5.76	5.56	8	6.54
Price/Tangible Book Value High	132.97	46.21	15.6	29.06	57.95	37.47	21.45	11.27	12.41	10.93	7.09	6.83	6.78	9.18	7.65
Price/Tangible Book Value Low	60.66	22.77	7.69	14.98	39.65	21.65	9.38	8.37	8.81	7.02	5.13	4.52	4.6	6.7	5.39
Price/Sales	4.75	5.76	13.64	48.35	29.7	10.66	15.14	13.56	13.58	9.77	7.58	8.25	10.67	9.49	9.78
Price/Sales Average	6.39	6.57	12.56	36.1	28.88	12.66	12.59	13.95	11.37	10.52	6.95	7.86	8.82	10.56	9.41
Price/Sales High	8.52	8.99	16.41	49.03	33.28	17.83	16.51	16.15	13.84	12.83	8.25	9.31	10.75	12.12	11.01
Price/Sales Low	3.89	4.43	8.09	25.26	22.78	10.3	7.22	11.99	9.82	8.24	5.96	6.16	7.3	8.85	7.75
Price/Cash Flow	46.62	32.83	-272.56	-48.97	-83.89	76.84	44.58	32.53	36.04	18.63	21.72	17.84	29.76	-212.34	32.31
Price/Cash Flow Average	62.72	37.47	-250.88	-36.56	-81.59	91.26	37.07	33.47	30.16	20.07	19.91	16.99	24.62	-236.2	31.11
Price/Cash Flow High	83.63	51.28	-327.9	-49.65	-94.03	128.52	48.62	38.75	36.72	24.47	23.64	20.13	29.98	-271.23	36.39
Price/Cash Flow Low	38.15	25.26	-161.57	-25.59	-64.34	74.25	21.27	28.78	26.05	15.71	17.08	13.32	20.38	-198.04	25.61
Price/Free Cash Flow Average	186.96	51.02	-135.82	-33.56	-72.59	120.01	54.44	36.89	32.17	22.11	22.04	18.09	26.85	-118.97	35.7
Price/Free Cash Flow High	249.3	69.82	-177.51	-45.58	-83.66	169.01	71.39	42.71	39.16	26.96	26.17	21.42	32.7	-136.61	41.74
Price/Free Cash Flow Low	113.73	34.4	-87.47	-23.49	-57.24	97.64	31.24	31.71	27.79	17.31	18.91	14.17	22.22	-99.75	29.38
EV/Sales Average	6.27	6.46	12.26	36.16	29.42	12.6	12.22	13.15	10.72	9.6	6	6.78	7.77	10.12	8.97
EV/Sales High	8.44	8.94	16.27	49.44	33.91	17.85	16.21	15.36	13.21	11.91	7.28	8.23	9.69	11.68	10.55
EV/Sales Low	3.71	4.26	7.62	25.03	23.19	10.21	6.76	11.19	9.15	7.31	5.02	5.07	6.25	8.42	7.32
EV/EBITDA Average	59.37	116.12	- -	- -	- -	300.73	164.7	56.65	34.2	20.09	15.62	13.59	19.11	- -	24.56
EV/EBITDA High	80	160.78	- -	- -	- -	425.88	218.47	66.16	42.15	24.92	18.97	16.5	23.83	- -	28.9
EV/EBITDA Low	35.14	76.66	- -	- -	- -	243.61	91.12	48.19	29.2	15.31	13.08	10.17	15.36	- -	20.03
EV/EBIT Average	77.65	211.03	- -	- -	- -	2,159.04	246.76	63.11	37.25	20.86	16.33	14.06	20.01	- -	25.8
EV/EBIT High	104.62	292.19	- -	- -	- -	3,057.56	327.31	73.71	45.91	25.87	19.82	17.07	24.96	- -	30.35
EV/EBIT Low	45.96	139.31	- -	- -	- -	1,748.93	136.51	53.69	31.81	15.89	13.67	10.52	16.09	- -	21.04
Last Price	32.71	41.49	73.52	119.27	127.04	74.15	151.36	162.5	220.28	233.27	222.79	287.61	408.49	405.58	458.82
High Price	58.67	64.8	88.45	120.93	142.39	124.01	165.08	193.58	224.44	306.38	242.5	324.55	411.58	518.06	516.75
Enterprise Value Average	8,838	9,861	14,863	20,986	30,370	21,452	30,411	40,082	44,605	59,587	45,425	60,550	76,675	111,546	107,657
Enterprise Value High	11,908	13,653	19,719	28,695	35,009	30,380	40,339	46,816	54,981	73,898	55,153	73,534	95,652	128,740	126,673
Enterprise Value Low	5,231	6,510	9,231	14,525	23,936	17,377	16,824	34,100	38,094	45,392	38,027	45,312	61,664	92,820	87,803

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	209	217	234	242	246	248	253	255	259	260	254	257	258	257	254
Diluted Weighted Avg Shares	209	212	225	235	241	245	253	259	261	263	260	259	261	258	258
Basic Weighted Avg Shares	205	212	225	235	241	245	249	254	257	260	258	256	258	258	256
Revenue per Share	6.88	7.2	5.39	2.47	4.28	6.96	10	11.98	16.21	23.88	29.39	34.87	38.3	42.73	46.94
EBITDA per Share	0.73	0.4	-2.5	-2.67	-1.68	0.29	0.74	2.78	5.08	11.41	11.28	17.4	15.57	-0.1	17.14
Operating Income per Share	1.08	0.23	-0.7	-2.73	-1.93	0.05	1.58	2.61	4.68	11.04	10.78	16.59	14.67	-0.91	17.81
Basic EPS, GAAP	0.14	-0.5	-1.98	-3.14	-2.31	-0.46	1.06	8.25	4.58	10.44	9.09	12.97	14.05	-2.08	15.46
Basic EPS from Cont Ops	0.2	0.15	-2.24	-3.15	-2.44	-0.34	0.37	8.21	4.58	10.44	9.09	12.97	14.05	-2.08	15.46
Diluted EPS, GAAP	0.14	-0.5	-1.98	-3.14	-2.31	-0.46	1.04	8.09	4.51	10.3	9.01	12.82	13.89	-2.08	15.32
Diluted EPS from Cont Ops	0.2	0.15	-2.24	-3.15	-2.44	-0.34	0.36	8.05	4.51	10.3	9.01	12.82	13.89	-2.08	15.32
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	0.7	1.26	-0.27	-2.44	-1.51	0.96	3.4	5	6.11	12.52	10.26	16.13	13.73	-1.91	14.2
Free Cash Flow per Basic Share	0.24	0.93	-0.5	-2.65	-1.7	0.73	2.35	4.62	5.82	11.52	9.35	15.33	12.72	-3.79	12.49
Cash & Equivalents per Share	4.63	6.08	6.27	5.74	4.23	5.78	8.25	12.42	14.7	25.62	29.57	41.94	43.53	23.8	26.02
Book Value per Share	3.76	4.6	5.8	4.45	3.82	4.66	8.01	17.38	23.5	33.42	39.69	54.13	68.22	63.87	73.49
Tangible Book Value per Share	0.44	1.4	5.67	4.16	2.46	3.31	7.7	17.18	18.08	28.03	34.18	47.55	60.74	56.42	67.54