Zimmer Biomet Holdings, Inc. Financial Ratios — ZIM Stock

Profitability (USD)

	2012 Y	2013 Y	2014 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	12/31/2012	12/31/2013	05/31/2014	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 (%)	13.28	12.84	- -	- -	1.79	3.13	16.95	-3.3	9.57	-1.13	3.23	1.88	8.36	7.25	5.6
Return on Assets (%)	8.61	8.39	- -	- -	0.8	1.14	6.88	-1.51	4.64	-0.57	1.68	1.04	4.81	4.22	3.17
Return on Capital (%)	10.89	10.68	- -	- -	2.87	2.73	- -	- -	- -	- -	2.93	1.87	6.76	5.92	4.9
Return on Invested Capital (%)	10.65	10.38	- -	- -	3.01	2.94	- -	- -	- -	- -	3.84	2.69	6.83	6.1	4.82
Gross Margin (%)	74.84	72.6	- -	73.41	69.98	68.94	72.67	71.36	71.78	70.23	71.29	70.9	71.82	71.46	69.71
EBITDA Margin (%)	31.54	30.87	- -	30.24	19.67	24.26	23.86	13.54	26.85	16.02	26.34	23.38	30.15	29.72	26.63
Operating Margin (%)	26.93	25.65	- -	24.99	15.51	17.7	18.08	14.46	15.91	11.5	14.73	17.18	19.63	19.9	16.48
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	25.54	39.66	- -	248.68	30.47	42.97	165.81	57.05	27.07	- -
Pretax Margin (%)	22.14	21.8	- -	20.1	2.55	5.21	5.95	-3.42	11.35	-1.72	7.31	5.81	14.43	13.5	10.09
Profit Margin (%)	16.88	16.88	- -	15.41	2.45	3.99	23.24	-4.78	14.18	-2.27	5.88	3.33	13.85	11.77	8.57
Net Income to Common Margin (%)	16.88	16.88	- -	15.41	2.45	3.99	23.24	-4.78	14.18	-2.27	5.88	3.33	13.85	11.77	8.57
Effective Tax Rate (%)	23.96	22.77	- -	23.44	4.57	23.77	- -	- -	- -	- -	10.72	27.83	3.95	12.68	15.13
Dvd Payout Ratio (%)	12.57	17.04	- -	20.26	108.05	62.12	10.68	-51.45	17.39	-2,577.92	44.87	68.86	19.58	21.62	26.99
Sustainable Growth Rate (%)	11.61	10.65	- -	- -	-0.14	1.19	15.14	-4.99	7.9	-30.26	1.78	0.58	6.72	5.68	4.09

Credit (USD)

Credit Ratios API ChatGPT

	2012 Y	2013 Y	2014 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	12/31/2012	12/31/2013	05/31/2014	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	1,821	1,673	- -	1,426	11,497	11,241	10,143	8,939	8,221	8,127	7,069	5,697	5,768	6,205	7,519
ST Debt	100	1	- -	- -	- -	576	1,225	525	1,500	500	1,605	544	900	863	587
LT Debt	1,721	1,672	- -	1,426	11,497	10,666	8,918	8,414	6,721	7,627	5,464	5,152	4,868	5,342	6,932
Total Debt/EBITDA	1.29	1.17	- -	1.01	9.75	6.04	5.45	8.32	3.84	8.28	3.93	3.51	2.59	2.72	3.43
Net Debt/EBITDA	0.66	0.41	- -	0.24	8.51	5.7	5.17	7.82	3.55	7.46	3.72	3.28	2.4	2.49	3.16
Total Debt/EBIT	1.74	1.57	- -	1.37	24.6	13.69	12.69	264.46	7.23	97.79	8.22	8.18	4.51	4.83	6.85
Net Debt/EBIT	0.89	0.55	- -	0.33	21.48	12.92	12.03	248.4	6.68	88.14	7.78	7.64	4.19	4.42	6.31
EBITDA to Interest Expense	19.35	20.36	- -	22.39	4.12	5.24	5.72	3.71	9.45	4.63	8.63	9.85	11.08	10.47	7.49
EBITDA-CapEx/Interest Expense	17.76	18.93	- -	20.1	3.53	4.72	5.24	3.15	7.66	4.1	7.9	8.53	9.12	8.83	6.54
EBIT to Interest Expense	16.52	16.92	- -	18.51	3.25	3.82	4.34	3.97	5.6	3.32	4.82	7.23	7.21	7.01	4.63
Interest Expense	73	70	- -	63	287	355	325	289	227	212	208	165	201	218	293
Common Equity/Total Assets	65.03	65.73	- -	67.82	36.41	36.23	45.11	46.72	50.28	49.94	53.98	57.06	58.06	58.36	54.99
Long-Term Debt/Equity (%)	29.33	26.54	- -	21.76	116.26	110.3	75.99	74.62	54.24	62.52	43.14	42.84	38.98	42.81	54.56
Long-Term Debt/Capital (%)	22.39	20.97	- -	17.87	53.76	51	40.76	41.62	32.61	37.52	27.69	29.07	26.66	28.59	34.27
Long-Term Debt/Total Assets (%)	19.09	17.46	- -	14.76	42.33	39.97	34.28	34.87	27.28	31.23	23.29	24.46	22.64	25	30.02
Total Debt/Equity (%)	31.04	26.55	- -	21.76	116.26	116.25	86.43	79.27	66.34	66.61	55.81	47.36	46.19	49.73	59.18
Total Debt/Capital (%)	23.69	20.98	- -	17.87	53.76	53.76	46.36	44.22	39.88	39.98	35.82	32.14	31.59	33.21	37.18
Total Debt/Total Assets (%)	20.2	17.46	- -	14.76	42.33	42.13	38.99	37.05	33.37	33.28	30.14	27.04	26.83	29.04	32.56
Net Debt to Equity	15.97	9.4	- -	5.22	101.5	109.69	81.96	74.46	61.35	60.04	52.82	44.24	42.86	45.52	54.52
Net Debt/Capital (%)	13.77	8.59	- -	4.96	50.37	52.31	45.04	42.68	38.02	37.52	34.56	30.67	30	31.28	35.28
EBITDA	1,411	1,427	- -	1,413	1,180	1,860	1,862	1,074	2,144	982	1,798	1,623	2,229	2,282	2,192
EBITDA-CapEx	1,295	1,327	- -	1,268	1,012	1,676	1,706	912	1,739	869	1,646	1,405	1,835	1,925	1,915
Operating Income (Loss)	1,204	1,186	- -	1,168	931	1,357	1,411	1,147	1,270	705	1,005	1,192	1,451	1,528	1,356

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2012 Y	2013 Y	2014 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	12/31/2012	12/31/2013	05/31/2014	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	1.8	1.75	- -	1.66	1	0.27	0.17	0.22	0.18	0.31	0.11	0.16	0.15	0.21	0.23
Current Ratio	4.28	4.07	- -	4.21	3.62	1.96	1.49	1.83	1.37	1.99	1.41	1.88	1.61	1.91	1.98
Quick Ratio	2.82	2.66	- -	2.55	1.9	0.94	0.67	0.75	0.58	0.88	0.47	0.75	0.65	0.82	0.89
CFO/Avg Current Liab	1.33	1.02	- -	- -	0.64	0.82	0.58	0.64	0.54	0.4	0.5	0.44	0.61	0.56	0.67
Common Equity/Total Assets	65.03	65.73	- -	67.82	36.41	36.23	45.11	46.72	50.28	49.94	53.98	57.06	58.06	58.36	54.99
Long-Term Debt/Equity (%)	29.33	26.54	- -	21.76	116.26	110.3	75.99	74.62	54.24	62.52	43.14	42.84	38.98	42.81	54.56
Long-Term Debt/Capital (%)	22.39	20.97	- -	17.87	53.76	51	40.76	41.62	32.61	37.52	27.69	29.07	26.66	28.59	34.27
Long-Term Debt/Total Assets (%)	19.09	17.46	- -	14.76	42.33	39.97	34.28	34.87	27.28	31.23	23.29	24.46	22.64	25	30.02
Total Debt/Equity (%)	31.04	26.55	- -	21.76	116.26	116.25	86.43	79.27	66.34	66.61	55.81	47.36	46.19	49.73	59.18
Total Debt/Capital (%)	23.69	20.98	- -	17.87	53.76	53.76	46.36	44.22	39.88	39.98	35.82	32.14	31.59	33.21	37.18
Total Debt/Total Assets (%)	20.2	17.46	- -	14.76	42.33	42.13	38.99	37.05	33.37	33.28	30.14	27.04	26.83	29.04	32.56
CFO/Total Liabilities	36.61	29.36	- -	34.14	4.92	9.59	11.08	13.6	12.95	9.86	13.89	14.21	17.56	16.87	16.34
CFO/CapEx	9.96	9.63	- -	7.32	5.07	8.84	10.14	10.74	3.92	10.73	9.86	5.9	4.01	4.2	6.13
Altman's Z-Score	5.95	6.54	- -	7.33	3.75	4.4	5.06	4.95	5.12	4.67	4.37	5.37	5.34	5.37	4.81

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2012 Y	2013 Y	2014 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	12/31/2012	12/31/2013	05/31/2014	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	5.19	5.08	- -	- -	5.09	5.03	4.96	5.63	6.05	4.35	5.03	5.26	5.24	5.25	5.17
Days Sales Outstanding	70.34	71.89	- -	- -	71.77	72.61	73.64	64.87	60.35	83.89	72.5	69.45	69.7	69.47	70.62
Inventory Turnover	1.17	1.22	- -	- -	1.04	1.13	1.06	1.05	0.97	0.75	0.85	0.94	0.92	0.95	1.1
Days Inventory Outstanding	312.24	298.21	- -	- -	349.41	322.85	344.63	347.41	376.04	483.76	428.11	388.15	396.95	384.83	330.92
Accounts Payable Turnover	7.27	8.15	- -	- -	13.31	6.43	6.45	7.1	6.24	5.17	5.21	6.11	6.07	6.75	10.23
Accounts Payable Turnover Days	50.18	44.8	- -	- -	27.43	56.78	56.55	51.39	58.52	70.58	70.07	59.72	60.11	54.11	35.69
Cash Conversion Cycle	332.39	325.29	- -	- -	393.75	338.68	361.71	360.89	377.88	497.07	430.54	397.88	406.54	400.2	365.85
Inventory to Cash Days	-241.9	-226.32	- -	- -	-277.64	-250.24	-270.99	-282.53	-315.69	-399.87	-355.61	-318.7	-327.25	-315.36	-260.3
Inventories	995	1,075	- -	1,193	2,254	1,959	2,068	2,257	2,385	2,451	2,148	2,147	2,385	2,235	2,286
Raw Materials	157	180	- -	181	280	261	250	228	279	272	243	261	308	289	273
Work In Process	52	77	- -	88	146	142	200	230	231	224	176	231	247	175	181
Finished Goods	786	817	- -	924	1,828	1,557	1,619	1,798	1,875	1,955	1,729	1,655	1,831	1,772	1,832
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2012 Y	2013 Y	2014 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	12/31/2012	12/31/2013	05/31/2014	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	11,153	15,544	17,178	18,798	20,305	20,314	24,211	20,353	30,299	30,783	26,193	26,676	24,863	21,014	17,584
- Cash & Cash Equivalents	884	1,081	- -	1,083	1,459	634	524	543	618	802	378	376	416	526	592
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	5	3	- -	2	2	1	- -	5	5	5	6	7	8	8	8
+ Total Debt	1,821	1,673	- -	1,426	11,497	11,241	10,143	8,939	8,221	8,127	7,069	5,697	5,768	6,205	7,519
Enterprise Value	11,423	15,412	17,178	18,529	30,180	30,922	33,829	28,753	37,907	38,112	32,889	32,004	30,223	26,701	24,520
Total Capital	7,687	7,973	- -	7,977	21,387	20,911	21,878	20,215	20,614	20,326	19,735	17,724	18,256	18,681	20,225
Total Debt/Capital (%)	23.69	20.98	- -	17.87	53.76	53.76	46.36	44.22	39.88	39.98	35.82	32.14	31.59	33.21	37.18
Total Debt / EV	0.16	0.11	- -	0.08	0.38	0.36	0.3	0.31	0.22	0.21	0.21	0.18	0.19	0.23	0.31
EV/Sales	2.55	3.33	- -	3.96	5.03	4.03	4.34	3.62	4.75	6.22	4.82	4.61	4.09	3.48	2.98
EV/EBITDA	8.1	10.8	- -	13.11	25.58	16.62	18.17	26.76	17.68	38.83	18.29	19.72	13.56	11.7	11.19
EV/EBIT	10.91	14.42	- -	17.86	64.58	37.66	42.32	850.69	33.32	458.63	38.23	45.96	23.65	20.77	22.33
EV/Cash Flow to Firm	9.46	15.15	- -	16.71	26.87	16.25	- -	- -	- -	- -	19.52	22.8	17.03	15.8	12.6
EV/Free Cash Flow to Firm	10.46	16.8	- -	19.22	31.58	18	- -	- -	- -	- -	21.45	26.98	21.9	20.03	14.69
Diluted Market Cap	11,439	15,727	17,178	19,019	19,012	20,496	24,342	20,303	30,402	30,694	26,368	26,842	25,359	21,523	17,874
Diluted Enterprise Value	11,709	15,595	17,178	18,751	28,887	31,105	33,960	28,703	38,010	38,023	33,065	32,170	30,719	27,211	24,809
EV per Share	66.57	90.77	101.77	109.19	148.89	154.15	166.97	140.95	184.01	183.59	157.37	153.13	147	134.13	125.43
TTM Sales	4,472	4,623	- -	4,673	5,998	7,668	7,803	7,933	7,982	6,128	6,827	6,940	7,394	7,679	8,232
TTM EBITDA	1,411	1,427	- -	1,413	1,180	1,860	1,862	1,074	2,144	982	1,798	1,623	2,229	2,282	2,192
TTM Operating Income	1,204	1,186	- -	1,168	931	1,357	1,411	1,147	1,270	705	1,005	1,192	1,451	1,528	1,356
TTM Cash Flow to Firm	1,207	1,017	- -	1,109	1,123	1,903	- -	- -	- -	- -	1,685	1,404	1,775	1,690	1,946
TTM Free Cash Flow to Firm	1,092	917	- -	964	956	1,718	- -	- -	- -	- -	1,533	1,186	1,380	1,333	1,669

Multiples (USD)

Valuation Multiples API ChatGPT

	2012 Y	2013 Y	2014 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	12/31/2012	12/31/2013	05/31/2014	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	11.04	18.22	- -	20.77	27.87	14.16	17.07	12.81	25.74	28.1	19.57	25.15	21.36	18.84	12.59
EV/EBIT	10.91	14.42	- -	17.86	64.58	37.66	42.32	850.69	33.32	458.63	38.23	45.96	23.65	20.77	22.33
Enterprise Value	11,423	15,412	17,178	18,529	30,180	30,922	33,829	28,753	37,907	38,112	32,889	32,004	30,223	26,701	24,520
Low Price	51.92	66.07	73.22	88.86	89.27	89.14	99.93	97.65	98.21	74.87	115.63	100.84	101.96	101.08	85.84
EV/Sales	2.55	3.33	- -	3.96	5.03	4.03	4.34	3.62	4.75	6.22	4.82	4.61	4.09	3.48	2.98
EV/EBITDA	8.1	10.8	- -	13.11	25.58	16.62	18.17	26.76	17.68	38.83	18.29	19.72	13.56	11.7	11.19
Price/Earnings	15.06	19.9	- -	25.99	127.7	66.21	13.3	- -	26.66	- -	65.1	115.61	24.65	23.72	25.26
Price/Earnings Average	14.14	17.08	- -	23.25	135.15	72.45	12.87	- -	22.67	- -	77.73	105.05	25.4	25.74	27.87
Price/Earnings High	15.51	19.91	- -	26.49	151.65	84.41	14.46	- -	26.8	- -	91.16	121.16	29.92	29.73	32
Price/Earnings Low	12.03	14.36	- -	20.85	113.81	58.28	11.12	- -	17.8	- -	60.06	91.34	20.78	22.72	24.1
Price/Book Value	1.9	2.47	- -	2.87	2.05	2.1	2.06	1.81	2.45	2.52	2.07	2.22	1.99	1.69	1.38
Price/Book Value Average	1.79	2.12	- -	2.57	2.17	2.3	2	2.08	2.08	2.2	2.47	2.02	2.05	1.83	1.53
Price/Book Value High	1.96	2.47	- -	2.92	2.44	2.68	2.24	2.34	2.46	2.66	2.9	2.33	2.42	2.11	1.75
Price/Book Value Low	1.52	1.78	- -	2.3	1.83	1.85	1.73	1.77	1.63	1.27	1.91	1.75	1.68	1.61	1.32
Price/Tangible Book Value	4.38	5.22	- -	5.48	-2.31	-2.08	-3.32	-3.39	-6.78	-7.47	-14.61	-16.43	-20.81	-19.43	-8.94
Price/Tangible Book Value Average	4.11	4.48	- -	4.9	-2.44	-2.28	-3.21	-3.9	-5.76	-6.52	-17.45	-14.93	-21.45	-21.08	-9.87
Price/Tangible Book Value High	4.51	5.22	- -	5.58	-2.74	-2.65	-3.61	-4.39	-6.82	-7.86	-20.47	-17.22	-25.27	-24.35	-11.33
Price/Tangible Book Value Low	3.5	3.77	- -	4.39	-2.06	-1.83	-2.78	-3.32	-4.53	-3.77	-13.48	-12.98	-17.55	-18.61	-8.53
Price/Sales	2.54	3.36	- -	4.01	3.13	2.64	3.09	2.56	3.78	5.01	3.83	3.85	3.41	2.79	2.16
Price/Sales Average	2.39	2.88	- -	3.58	3.31	2.89	2.99	2.95	3.21	4.37	4.57	3.5	3.52	3.03	2.39
Price/Sales High	2.62	3.36	- -	4.08	3.72	3.37	3.36	3.32	3.8	5.27	5.36	4.04	4.14	3.5	2.74
Price/Sales Low	2.03	2.42	- -	3.21	2.79	2.32	2.59	2.5	2.52	2.53	3.53	3.05	2.88	2.67	2.06
Price/Cash Flow	9.87	16.12	- -	17.65	22.09	12.41	15.25	11.62	19.02	25.48	17.44	20.82	15.96	14.3	10.49
Price/Cash Flow Average	9.27	13.84	- -	15.79	23.38	13.58	14.75	13.38	16.17	22.25	20.82	18.92	16.45	15.51	11.58
Price/Cash Flow High	10.17	16.13	- -	17.99	26.23	15.82	16.58	15.05	19.12	26.83	24.42	21.82	19.37	17.92	13.3
Price/Cash Flow Low	7.88	11.64	- -	14.16	19.69	10.92	12.75	11.37	12.7	12.87	16.09	16.45	13.45	13.69	10.01
Price/Free Cash Flow Average	10.37	15.64	- -	18.59	29.5	15.49	16.51	14.75	21.88	24.54	23.37	22.86	22.02	20.44	13.89
Price/Free Cash Flow High	11.37	18.23	- -	21.17	33.1	18.05	18.56	16.6	25.88	29.59	27.41	26.36	25.93	23.61	15.94
Price/Free Cash Flow Low	8.82	13.15	- -	16.66	24.84	12.46	14.27	12.54	17.19	14.19	18.06	19.87	18.01	18.04	12.01
EV/Sales Average	2.4	2.86	- -	3.54	5.23	4.28	4.23	4.01	4.18	5.58	5.56	4.26	4.19	3.71	3.2
EV/Sales High	2.63	3.34	- -	4.04	5.67	4.76	4.61	4.38	4.77	6.49	6.35	4.8	4.81	4.17	3.55
EV/Sales Low	2.05	2.4	- -	3.17	4.66	3.72	3.83	3.57	3.49	3.73	4.52	3.8	3.56	3.36	2.88
EV/EBITDA Average	7.62	9.26	- -	11.71	26.59	17.65	17.74	29.63	15.57	34.85	21.12	18.22	13.9	12.48	12.02
EV/EBITDA High	8.34	10.81	- -	13.37	28.81	19.62	19.3	32.37	17.76	40.49	24.13	20.51	15.94	14.03	13.33
EV/EBITDA Low	6.51	7.77	- -	10.48	23.71	15.31	16.04	26.36	12.99	23.3	17.16	16.27	11.81	11.31	10.82
EV/EBIT Average	10.26	12.37	- -	15.96	67.12	39.99	41.34	941.79	29.34	411.63	44.14	42.46	24.25	22.16	23.98
EV/EBIT High	11.23	14.43	- -	18.21	72.73	44.46	44.96	1,028.77	33.47	478.22	50.42	47.8	27.82	24.91	26.6
EV/EBIT Low	8.76	10.38	- -	14.28	59.86	34.7	37.36	837.9	24.47	275.24	35.87	37.92	20.6	20.07	21.6
Last Price	64.99	91.55	101.77	110.77	100.17	101.27	119.5	99.77	147.08	148.28	125.33	127.64	120.93	105.56	89.95
High Price	66.97	91.6	101.77	112.9	118.96	129.11	129.92	129.27	147.86	156.12	175.51	133.77	146.8	132.3	113.96
Enterprise Value Average	10,748	13,214	14,801	16,551	31,364	32,836	33,040	31,833	33,369	34,207	37,973	29,566	30,985	28,487	26,337
Enterprise Value High	11,762	15,422	17,178	18,890	33,987	36,508	35,940	34,772	38,068	39,740	43,377	33,285	35,543	32,024	29,212
Enterprise Value Low	9,180	11,087	12,360	14,810	27,971	28,489	29,864	28,321	27,839	22,873	30,863	26,403	26,322	25,810	23,715

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2012 Y	2013 Y	2014 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	12/31/2012	12/31/2013	05/31/2014	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	172	170	169	170	203	201	203	204	206	208	209	209	206	199	195
Diluted Weighted Avg Shares	176	172	169	172	190	202	204	204	207	207	210	210	210	204	199
Basic Weighted Avg Shares	175	170	169	169	187	200	202	204	205	207	209	210	209	203	198
Revenue per Share	25.57	27.26	- -	27.65	32.01	38.34	38.65	38.98	38.92	29.6	32.73	33.11	35.43	37.81	41.57
EBITDA per Share	8.06	8.41	- -	8.36	6.3	9.3	9.22	5.28	10.45	4.74	8.62	7.74	10.68	11.24	11.07
Operating Income per Share	6.88	6.99	- -	6.91	4.97	6.79	6.99	5.64	6.19	3.4	4.82	5.69	6.95	7.52	6.85
Basic EPS, GAAP	4.32	4.6	- -	4.26	0.78	1.53	8.98	-1.86	5.52	-0.67	1.93	1.1	4.91	4.45	3.56
Basic EPS from Cont Ops	4.3	4.59	- -	4.26	0.78	1.52	8.98	-1.86	5.52	-0.04	2.14	1.39	4.91	4.46	3.56
Diluted EPS, GAAP	4.29	4.54	- -	4.2	0.77	1.51	8.9	-1.86	5.47	-0.67	1.91	1.1	4.88	4.43	3.55
Diluted EPS from Cont Ops	4.28	4.53	- -	4.19	0.77	1.5	8.9	-1.86	5.47	-0.04	2.12	1.38	4.89	4.44	3.55
Dividend per Share	0.54	0.78	- -	0.86	0.84	0.94	0.96	0.96	0.96	0.96	0.96	0.96	0.96	0.97	0.96
Cash Flow per Share	6.59	5.68	- -	6.28	4.53	8.16	7.84	8.59	7.73	5.82	7.19	6.13	7.58	7.38	8.57
Free Cash Flow per Basic Share	5.93	5.09	- -	5.42	3.64	7.24	7.06	7.79	5.76	5.28	6.46	5.09	5.69	5.63	7.17
Cash & Equivalents per Share	9.07	10.65	- -	9.99	8.01	3.16	2.59	2.66	3	3.86	1.81	1.8	2.02	2.64	3.03
Book Value per Share	34.15	37.09	- -	38.6	48.78	48.2	57.93	55.25	60.14	58.74	60.58	57.51	60.7	62.63	64.96
Tangible Book Value per Share	14.85	17.54	- -	20.23	-43.38	-48.66	-35.96	-29.45	-21.7	-19.86	-8.58	-7.77	-5.81	-5.43	-10.06