Texas Instruments Incorporated Financial Ratios — 4TXN 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 (%)	20.91	16.05	19.86	26.62	29.37	35.21	35.39	57.73	56.05	61.84	69	62.69	41.37	28.4	30.15
Return on Assets (%)	13.19	8.68	11.1	15.54	17.77	22.01	21.61	32.09	28.54	29.94	35.29	33.73	21.86	14.14	14.27
Return on Capital (%)	16.81	11.06	13.72	18.65	20.97	25.96	26.17	39.92	35.59	36.99	42.08	39.92	26.52	17.9	18.01
Return on Invested Capital (%)	16.62	10.69	13.52	18.46	20.94	25.02	25.69	39.07	34.39	34.95	41.16	39.25	24.86	16.33	17.29
Gross Margin (%)	49.3	49.65	52.14	56.93	58.27	61.76	64.26	65.11	63.71	64.1	67.47	68.76	62.9	58.14	57.02
EBITDA Margin (%)	29.85	26.31	33.83	39.69	41.96	43.46	46.7	48.57	47.09	47.62	54.04	55.52	48.91	45.04	45.37
Operating Margin (%)	24.89	20.95	24.45	32.4	35.23	38.59	42.86	44.56	41.54	42.29	49.91	51.91	41.85	34.15	34.72
Incremental Operating Margin (%)	425.97	80.44	- -	147.86	- -	156.49	78.76	75.58	75.59	180.77	78.29	73.69	122.2	105.96	39.15
Pretax Margin (%)	21.51	15.09	22.56	29.7	32.43	36.87	40.64	42.36	39.82	41.61	48.62	50.09	42.34	34.86	32.29
Profit Margin (%)	16.28	13.72	17.71	21.63	22.97	26.89	24.61	35.35	34.88	38.69	42.35	43.68	37.16	30.68	28.28
Net Income to Common Margin (%)	16.28	13.72	17.71	21.63	22.97	26.89	24.61	35.35	34.88	38.69	42.35	43.68	37.16	30.68	28.28
Effective Tax Rate (%)	24.33	9.1	21.5	27.18	29.17	27.08	39.44	16.54	12.41	7.01	12.89	12.79	12.24	11.99	12.42
Dvd Payout Ratio (%)	28.8	46.56	54.35	46.9	48.36	45.79	57.14	45.79	59.96	61.23	50.02	49.11	70	99.92	99.96
Sustainable Growth Rate (%)	14.89	8.58	9.07	14.13	15.17	19.09	15.17	31.3	22.45	23.97	34.48	31.9	12.41	0.02	0.01

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	5,592	5,686	5,158	4,631	4,120	3,609	4,077	5,068	6,062	7,047	8,124	8,735	11,223	13,596	14,048
ST Debt	1,381	1,500	1,000	1,001	1,000	631	500	749	500	550	500	500	599	750	500
LT Debt	4,211	4,186	4,158	3,630	3,120	2,978	3,577	4,319	5,562	6,497	7,624	8,235	10,624	12,846	13,548
Total Debt/EBITDA	1.36	1.69	1.25	0.89	0.76	0.62	0.58	0.66	0.9	1.02	0.82	0.79	1.31	1.93	1.75
Net Debt/EBITDA	1.12	1.27	0.86	0.66	0.57	0.42	0.35	0.34	0.5	0.54	0.31	0.51	0.96	1.48	1.35
Total Debt/EBIT	1.87	2.88	1.82	1.17	0.95	0.74	0.67	0.75	1.06	1.2	0.91	0.86	1.53	2.49	2.33
Net Debt/EBIT	1.54	2.16	1.25	0.87	0.72	0.51	0.4	0.39	0.59	0.63	0.35	0.56	1.13	1.9	1.8
EBITDA to Interest Expense	97.62	39.69	43.46	55.07	60.61	72.63	89.58	61.34	39.84	36.24	53.88	51.96	24.27	13.87	14.77
EBITDA-CapEx/Interest Expense	78.19	33.87	43.46	55.07	60.61	72.63	89.58	61.34	39.84	36.24	53.88	51.96	24.27	13.87	14.77
EBIT to Interest Expense	81.4	31.61	31.41	44.96	50.89	64.49	82.21	56.27	35.15	32.19	49.76	48.58	20.77	10.51	11.31
Interest Expense	42	85	95	94	90	80	78	125	170	190	184	214	353	508	543
Common Equity/Total Assets	53.43	54.75	57.07	59.81	61.28	63.74	58.59	52.48	49.43	47.48	54.03	53.58	52.24	47.6	47.05
Long-Term Debt/Equity (%)	38.45	38.19	38.48	34.94	31.37	28.44	34.6	48.02	62.45	70.72	57.18	56.49	62.88	76	83.25
Long-Term Debt/Capital (%)	25.45	25.15	26.04	24.17	22.18	21.15	24.82	30.71	37.16	40.02	35.53	35.33	37.78	42.12	44.68
Long-Term Debt/Total Assets (%)	20.54	20.91	21.96	20.9	19.22	18.12	20.28	25.2	30.87	33.57	30.9	30.27	32.84	36.18	39.17
Total Debt/Equity (%)	51.06	51.87	47.73	44.57	41.42	34.46	39.44	56.35	68.06	76.71	60.93	59.92	66.42	80.44	86.33
Total Debt/Capital (%)	33.8	34.16	32.31	30.83	29.29	25.63	28.29	36.04	40.5	43.41	37.86	37.47	39.91	44.58	46.33
Total Debt/Total Assets (%)	27.28	28.4	27.24	26.66	25.39	21.96	23.11	29.57	33.64	36.42	32.92	32.11	34.69	38.29	40.62
Net Debt to Equity	42	38.96	32.67	33.03	31.37	23.44	23.42	29.24	37.79	40.18	23.33	39	48.88	61.5	66.51
Net Debt/Capital (%)	29.58	28.03	24.63	24.83	23.88	18.99	18.98	22.63	26.86	28.12	18.48	28.06	32.83	38.08	39.94
EBITDA	4,100	3,374	4,129	5,177	5,455	5,810	6,987	7,667	6,773	6,886	9,914	11,119	8,569	7,045	8,022
EBITDA-CapEx	3,284	2,879	4,129	5,177	5,455	5,810	6,987	7,667	6,773	6,886	9,914	11,119	8,569	7,045	8,022
Operating Income (Loss)	3,419	2,687	2,984	4,226	4,580	5,159	6,412	7,034	5,975	6,116	9,156	10,397	7,331	5,341	6,140

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	0.84	1.16	1.39	1.33	1.26	1.54	1.98	1.71	2.54	2.75	3.79	3.04	2.58	2.08	1.55
Current Ratio	2.24	2.4	2.92	2.79	2.77	3.29	3.87	3.27	4.13	4.28	5.33	4.7	4.55	4.12	4.35
Quick Ratio	1.28	1.51	1.83	1.8	1.72	2.1	2.55	2.2	3.04	3.34	4.45	3.67	3.12	2.55	2.17
CFO/Avg Current Liab	1.19	0.99	1.1	1.5	1.69	1.91	2.37	3.04	2.89	2.72	3.53	3.14	2.04	1.81	2.1
Common Equity/Total Assets	53.43	54.75	57.07	59.81	61.28	63.74	58.59	52.48	49.43	47.48	54.03	53.58	52.24	47.6	47.05
Long-Term Debt/Equity (%)	38.45	38.19	38.48	34.94	31.37	28.44	34.6	48.02	62.45	70.72	57.18	56.49	62.88	76	83.25
Long-Term Debt/Capital (%)	25.45	25.15	26.04	24.17	22.18	21.15	24.82	30.71	37.16	40.02	35.53	35.33	37.78	42.12	44.68
Long-Term Debt/Total Assets (%)	20.54	20.91	21.96	20.9	19.22	18.12	20.28	25.2	30.87	33.57	30.9	30.27	32.84	36.18	39.17
Total Debt/Equity (%)	51.06	51.87	47.73	44.57	41.42	34.46	39.44	56.35	68.06	76.71	60.93	59.92	66.42	80.44	86.33
Total Debt/Capital (%)	33.8	34.16	32.31	30.83	29.29	25.63	28.29	36.04	40.5	43.41	37.86	37.47	39.91	44.58	46.33
Total Debt/Total Assets (%)	27.28	28.4	27.24	26.66	25.39	21.96	23.11	29.57	33.64	36.42	32.92	32.11	34.69	38.29	40.62
CFO/Total Liabilities	34.11	37.68	41.62	58.06	69.97	77.44	73.42	88.28	72.98	60.4	77.19	69.04	41.55	33.96	39.06
CFO/CapEx	3.99	6.9	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	- -	- -	9.05	11.61	13.02	15.08	16.03	14.73	15.2	15.77	15.57	13.16	10.7	9.4	9.36

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	9.24	10.03	10.65	10.78	11	11.76	12.7	12.61	11.62	11.78	11.14	9.52	8.92	9.6
Days Sales Outstanding	40.7	39.49	36.38	34.26	33.85	33.2	31.04	28.73	28.94	31.4	30.99	32.77	38.36	40.91	38
Inventory Turnover	4.21	3.64	3.35	3.2	3.12	2.94	2.85	2.64	2.47	2.62	3.09	2.68	1.92	1.54	1.63
Days Inventory Outstanding	86.7	100.2	108.98	114.18	116.9	124.25	127.89	138.32	147.5	139.05	118.19	136.12	189.69	237.67	224.1
Accounts Payable Turnover	11.61	12.02	13.43	13.2	12.96	13.33	12.79	12.22	11.55	12.82	12.01	9.99	9.37	8.72	9.99
Accounts Payable Turnover Days	31.45	30.36	27.18	27.64	28.17	27.38	28.53	29.87	31.59	28.48	30.38	36.53	38.97	41.84	36.52
Cash Conversion Cycle	95.95	109.32	118.18	120.8	122.58	130.06	130.4	137.18	144.85	141.98	118.8	132.36	189.08	236.73	225.58
Inventory to Cash Days	-46	-60.71	-72.6	-79.92	-83.05	-91.05	-96.85	-109.59	-118.55	-107.66	-87.2	-103.36	-151.33	-196.76	-186.09
Inventories	1,788	1,757	1,731	1,784	1,691	1,790	1,957	2,217	2,001	1,955	1,910	2,757	3,999	4,527	4,804
Raw Materials	115	116	102	101	109	102	126	181	176	180	245	353	420	395	465
Work In Process	1,004	935	919	896	846	954	1,089	1,070	916	964	1,067	1,546	2,109	2,214	2,372
Finished Goods	669	706	710	787	736	734	742	966	909	811	598	858	1,470	1,918	1,967
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	- -	- -	47,510	56,798	57,425	73,157	103,120	88,706	118,542	149,938	176,342	149,011	155,831	171,031	159,937
- Cash & Cash Equivalents	992	1,416	1,627	1,199	1,000	1,154	1,656	2,438	2,437	3,107	4,631	3,050	2,964	3,200	3,225
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	5,592	5,686	5,158	4,631	4,120	3,609	4,077	5,068	6,062	7,047	8,124	8,735	11,223	13,596	14,048
Enterprise Value	- -	- -	48,839	57,888	58,327	73,276	102,728	89,541	119,217	150,417	174,727	148,679	158,479	177,047	169,104
Total Capital	16,544	16,647	15,965	15,021	14,066	14,082	14,414	14,062	14,969	16,234	21,457	23,312	28,120	30,499	30,321
Total Debt/Capital (%)	33.8	34.16	32.31	30.83	29.29	25.63	28.29	36.04	40.5	43.41	37.86	37.47	39.91	44.58	46.33
Total Debt / EV	- -	- -	0.11	0.08	0.07	0.05	0.04	0.06	0.05	0.05	0.05	0.06	0.07	0.08	0.08
EV/Sales	- -	- -	4	4.44	4.49	5.48	6.87	5.67	8.29	10.4	9.53	7.42	9.05	11.32	9.56
EV/EBITDA	- -	- -	11.83	11.18	10.69	12.61	14.7	11.68	17.6	21.84	17.62	13.37	18.49	25.13	21.08
EV/EBIT	- -	- -	17.25	14.67	13.5	15.09	16.89	13.34	20.83	25.52	19.5	14.66	21.62	32.4	28.08
EV/Cash Flow to Firm	- -	- -	14.12	14.04	13.08	15.68	18.99	12.28	17.54	23.82	19.6	16.69	23.55	26.17	22.17
EV/Free Cash Flow to Firm	- -	- -	14.12	14.04	13.08	15.68	18.99	12.28	17.54	23.82	19.6	16.69	23.55	26.17	22.17
Diluted Market Cap	- -	- -	48,835	58,609	59,227	74,994	106,145	92,915	121,082	152,163	178,632	152,301	157,031	172,492	160,995
Diluted Enterprise Value	- -	- -	50,164	59,699	60,129	75,113	105,753	93,750	121,757	152,642	177,017	151,969	159,679	178,508	170,162
EV per Share	- -	- -	45.1	55.31	57.68	73.57	104.49	94.74	127.91	163.61	189.1	164.11	174.34	194.3	186.44
TTM Sales	13,735	12,825	12,205	13,045	13,000	13,370	14,961	15,784	14,383	14,461	18,344	20,028	17,519	15,641	17,682
TTM EBITDA	4,100	3,374	4,129	5,177	5,455	5,810	6,987	7,667	6,773	6,886	9,914	11,119	8,569	7,045	8,022
TTM Operating Income	3,419	2,687	2,984	4,226	4,580	5,159	6,412	7,034	5,975	6,116	9,156	10,397	7,331	5,341	6,140
TTM Cash Flow to Firm	3,288	3,491	3,459	4,122	4,461	4,672	5,410	7,293	6,798	6,316	8,916	8,907	6,730	6,765	7,629
TTM Free Cash Flow to Firm	2,472	2,996	3,459	4,122	4,461	4,672	5,410	7,293	6,798	6,316	8,916	8,907	6,730	6,765	7,629

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	- -	- -	14.43	14.46	13.47	16.25	19.79	12.92	18.21	24.79	20.4	17.47	24.46	27.3	22.51
EV/EBIT	- -	- -	17.25	14.67	13.5	15.09	16.89	13.34	20.83	25.52	19.5	14.66	21.62	32.4	28.08
Enterprise Value	- -	- -	48,839	57,888	58,327	73,276	102,728	89,541	119,217	150,417	174,727	148,679	158,479	177,047	169,104
Low Price	- -	- -	39.18	40.97	43.93	47.63	71.05	90.12	90.61	97.14	162.31	145.59	139.82	157.4	144.14
EV/Sales	- -	- -	4	4.44	4.49	5.48	6.87	5.67	8.29	10.4	9.53	7.42	9.05	11.32	9.56
EV/EBITDA	- -	- -	11.83	11.18	10.69	12.61	14.7	11.68	17.6	21.84	17.62	13.37	18.49	25.13	21.08
Price/Earnings	- -	- -	22.28	20.13	19.23	20.35	28.23	16.32	23.73	26.85	22.67	17.22	23.91	35.67	32.05
Price/Earnings Average	- -	- -	21.26	17.57	18.28	17.49	22.67	18.5	21.55	21.77	22.1	17.76	23.49	35.84	33.33
Price/Earnings High	- -	- -	22.6	20.92	20.3	21.02	28.23	20.85	24.62	27.43	23.97	19.93	26.16	41.72	40.19
Price/Earnings Low	- -	- -	19.9	15.2	14.88	13.2	19.12	15.67	16.9	15.99	19.28	15.24	19.5	29.91	26.2
Price/Book Value	- -	- -	4.4	5.47	5.77	6.99	9.98	9.86	13.31	16.32	13.23	10.22	9.22	10.12	9.83
Price/Book Value Average	- -	- -	4.19	4.77	5.49	6	8.01	11.18	12.09	13.24	12.89	10.54	9.06	10.17	10.22
Price/Book Value High	- -	- -	4.46	5.68	6.09	7.21	9.98	12.6	13.81	16.67	13.98	11.83	10.09	11.84	12.32
Price/Book Value Low	- -	- -	3.93	4.13	4.47	4.53	6.76	9.47	9.48	9.72	11.25	9.05	7.52	8.49	8.03
Price/Tangible Book Value	- -	- -	11.58	14.05	14.52	15.26	20.96	22.66	28.66	31.88	19.84	14.81	12.66	13.92	13.66
Price/Tangible Book Value Average	- -	- -	11.04	12.26	13.8	13.11	16.84	25.69	26.03	25.86	19.34	15.27	12.43	13.99	14.21
Price/Tangible Book Value High	- -	- -	11.74	14.6	15.33	15.76	20.96	28.96	29.74	32.57	20.98	17.14	13.85	16.29	17.13
Price/Tangible Book Value Low	- -	- -	10.34	10.61	11.23	9.89	14.2	21.76	20.42	18.99	16.88	13.11	10.32	11.68	11.17
Price/Sales	- -	- -	3.95	4.35	4.42	5.47	6.95	5.77	8.28	10.39	9.6	7.52	8.89	10.94	9.07
Price/Sales Average	- -	- -	3.77	3.8	4.2	4.7	5.58	6.54	7.52	8.42	9.36	7.76	8.73	11	9.43
Price/Sales High	- -	- -	4	4.52	4.66	5.65	6.95	7.37	8.59	10.61	10.15	8.71	9.72	12.8	11.37
Price/Sales Low	- -	- -	3.53	3.29	3.42	3.55	4.71	5.54	5.9	6.19	8.17	6.66	7.25	9.18	7.41
Price/Cash Flow	- -	- -	14.24	14.01	13.06	15.86	19.38	12.66	17.9	24.47	20.12	17.28	24.25	27.09	22.41
Price/Cash Flow Average	- -	- -	13.58	12.23	12.41	13.63	15.57	14.36	16.26	19.84	19.6	17.82	23.82	27.23	23.3
Price/Cash Flow High	- -	- -	14.44	14.56	13.79	16.38	19.38	16.18	18.58	25	21.27	20	26.53	31.69	28.1
Price/Cash Flow Low	- -	- -	12.71	10.58	10.1	10.28	13.13	12.16	12.76	14.57	17.11	15.29	19.77	22.72	18.32
Price/Free Cash Flow Average	- -	- -	13.77	12.62	12.8	13.97	15.9	14.65	16.54	20.1	19.88	18.01	24.03	27.43	23.4
Price/Free Cash Flow High	- -	- -	14.64	15.02	14.22	16.79	19.79	16.52	18.9	25.32	21.57	20.22	26.77	31.94	28.22
Price/Free Cash Flow Low	- -	- -	12.89	10.91	10.42	10.54	13.41	12.41	12.97	14.76	17.35	15.46	19.95	22.89	18.4
EV/Sales Average	- -	- -	3.82	3.88	4.27	4.71	5.51	6.42	7.53	8.44	9.28	7.66	8.89	11.37	9.92
EV/Sales High	- -	- -	4.06	4.61	4.73	5.66	6.87	7.23	8.6	10.63	10.07	8.6	9.88	13.18	11.86
EV/Sales Low	- -	- -	3.59	3.37	3.49	3.56	4.64	5.45	5.92	6.21	8.09	6.57	7.41	9.55	7.91
EV/EBITDA Average	- -	- -	11.3	9.78	10.17	10.84	11.8	13.22	15.99	17.73	17.17	13.79	18.17	25.25	21.87
EV/EBITDA High	- -	- -	11.99	11.61	11.28	13.03	14.7	14.89	18.26	22.32	18.64	15.48	20.21	29.25	26.14
EV/EBITDA Low	- -	- -	10.6	8.49	8.31	8.19	9.94	11.22	12.57	13.04	14.96	11.83	15.14	21.21	17.44
EV/EBIT Average	- -	- -	16.47	12.83	12.84	12.98	13.55	15.1	18.93	20.71	19	15.12	21.24	32.55	29.13
EV/EBIT High	- -	- -	17.48	15.23	14.23	15.59	16.89	17.01	21.61	26.07	20.62	16.98	23.62	37.71	34.82
EV/EBIT Low	- -	- -	15.45	11.14	10.49	9.8	11.42	12.81	14.87	15.23	16.56	12.98	17.7	27.35	23.23
Last Price	- -	- -	43.88	54.27	56.79	73.45	104.89	93.85	127.19	163.09	190.85	164.47	171.43	187.7	176.34
High Price	- -	- -	44.5	56.38	59.94	75.86	104.89	119.94	131.99	166.63	201.74	190.38	187.59	219.55	221.11
Enterprise Value Average	- -	- -	46,652	50,655	55,488	62,998	82,426	101,394	108,327	122,076	170,232	153,332	155,710	177,881	175,471
Enterprise Value High	- -	- -	49,512	60,103	61,517	75,677	102,728	114,197	123,691	153,671	184,795	172,156	173,167	206,077	209,718
Enterprise Value Low	- -	- -	43,756	43,970	45,326	47,562	69,459	86,013	85,125	89,787	148,357	131,568	129,742	149,440	139,902

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	1,139	1,108	1,083	1,047	1,011	996	983	945	932	919	924	906	909	911	907
Diluted Weighted Avg Shares	1,171	1,146	1,113	1,080	1,043	1,021	1,012	990	952	933	936	926	916	919	913
Basic Weighted Avg Shares	1,151	1,132	1,098	1,047	1,011	996	991	970	936	921	923	916	908	912	909
Revenue per Share	11.93	11.33	11.12	12.46	12.86	13.42	15.1	16.27	15.37	15.7	19.87	21.86	19.29	17.15	19.45
EBITDA per Share	3.56	2.98	3.76	4.95	5.39	5.83	7.05	7.9	7.24	7.48	10.74	12.14	9.44	7.72	8.83
Operating Income per Share	2.97	2.37	2.72	4.04	4.53	5.18	6.47	7.25	6.38	6.64	9.92	11.35	8.07	5.86	6.75
Basic EPS, GAAP	1.94	1.55	1.97	2.7	2.95	3.61	3.72	5.75	5.36	6.07	8.42	9.55	7.17	5.26	5.5
Basic EPS from Cont Ops	1.94	1.55	1.97	2.7	2.95	3.61	3.72	5.75	5.36	6.07	8.42	9.55	7.17	5.26	5.5
Diluted EPS, GAAP	1.91	1.53	1.94	2.61	2.86	3.52	3.64	5.64	5.27	6	8.3	9.45	7.11	5.22	5.48
Diluted EPS from Cont Ops	1.91	1.53	1.94	2.61	2.86	3.52	3.64	5.64	5.27	6	8.3	9.45	7.11	5.22	5.48
Dividend per Share	0.56	0.72	1.07	1.26	1.43	1.65	2.12	2.63	3.21	3.72	4.21	4.69	5.02	5.26	5.5
Cash Flow per Share	2.83	3.02	3.08	3.87	4.35	4.63	5.41	7.41	7.1	6.67	9.49	9.52	7.07	6.93	7.87
Free Cash Flow per Basic Share	2.12	2.58	3.08	3.87	4.35	4.63	5.41	7.41	7.1	6.67	9.49	9.52	7.07	6.93	7.87
Cash & Equivalents per Share	2.58	3.58	3.54	3.38	3.18	3.5	4.55	4.48	5.78	7.14	10.54	10.01	9.43	8.32	5.38
Book Value per Share	9.61	9.89	9.98	9.93	9.84	10.52	10.51	9.52	9.56	9.99	14.43	16.09	18.59	18.55	17.94
Tangible Book Value per Share	2.98	3.52	3.79	3.86	3.91	4.81	5	4.14	4.44	5.12	9.62	11.11	13.54	13.48	12.91