Ulta Beauty, Inc. Financial Ratios — 34U Stock

Profitability (USD)

	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	2026 Y
As of date	01/31/2012	01/31/2013	01/31/2014	01/31/2015	01/31/2016	01/31/2017	01/31/2018	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

Return on Common Equity (%)	24.36	25.16	22.66	22.85	23.79	27.38	33.4	36.64	37.93	9.01	55.78	71.09	60.91	50.39	43.59
Return on Assets (%)	14.25	15.46	14.1	14.34	15.19	17.13	20.34	21.59	17.53	3.53	20.01	24.52	23.31	20.52	17.74
Return on Capital (%)	24.44	25.18	22.66	22.85	23.79	27.38	33.4	36.64	24.94	4.55	27.09	34.3	32.06	27.93	24.55
Return on Invested Capital (%)	23.94	24.61	22.06	22.16	23.13	26.74	32.59	35.69	24.5	4.59	26.63	33.66	31.24	27.11	24.1
Gross Margin (%)	34.73	35.3	35.25	35.07	35.28	35.99	35.63	35.87	36.24	31.68	39.03	39.62	39.09	38.84	39.1
EBITDA Margin (%)	15.32	16.58	16.25	16.73	17.11	17.82	17.64	16.88	16.18	8.69	18.14	18.42	17.15	16.22	14.8
Operating Margin (%)	11.61	13.28	12.91	13.1	13.28	13.87	13.76	13.01	12.44	5.95	15.14	16.16	15.05	13.98	12.5
Incremental Operating Margin (%)	24.96	19.95	11.12	14	14.09	16.38	13.22	7.72	6.82	44.47	37.95	21.69	3.74	- -	- -
Pretax Margin (%)	11.01	12.6	12.27	12.69	12.93	13.51	13.37	12.79	12.25	3.76	15.01	16.1	15.13	13.99	12.36
Profit Margin (%)	6.77	7.77	7.6	7.93	8.15	8.44	9.44	9.8	9.54	2.86	11.42	12.17	11.52	10.63	9.31
Net Income to Common Margin (%)	6.77	7.77	7.6	7.93	8.15	8.44	9.44	9.8	9.54	2.86	11.42	12.17	11.52	10.63	9.31
Effective Tax Rate (%)	38.52	38.33	38.1	37.48	36.94	37.51	29.44	23.35	22.09	23.91	23.92	24.41	23.86	23.98	24.42
Dvd Payout Ratio (%)	- -	36.21	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	24.36	16.05	22.66	22.85	23.79	27.38	33.4	36.64	37.93	9.01	55.78	71.09	60.91	50.39	43.59

Credit (USD)

Credit Ratios API ChatGPT

	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	2026 Y
As of date	01/31/2012	01/31/2013	01/31/2014	01/31/2015	01/31/2016	01/31/2017	01/31/2018	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

Total Debt	- -	- -	- -	- -	- -	- -	- -	- -	1,938	1,897	1,847	1,903	1,911	1,923	2,182
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	240	253	274	283	284	288	369
LT Debt	- -	- -	- -	- -	- -	- -	- -	- -	1,699	1,643	1,573	1,620	1,627	1,635	1,813
Total Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	1.62	3.55	1.18	1.01	0.99	1.05	1.19
Net Debt/EBITDA	-0.93	-0.87	-0.97	-0.72	-0.52	-0.45	-0.27	-0.36	-0.33	-1.96	-0.28	-0.39	-0.4	-0.38	-0.2
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	2.15	8.01	1.42	1.16	1.14	1.23	1.42
Net Debt/EBIT	-1.29	-1.14	-1.28	-0.95	-0.68	-0.59	-0.35	-0.48	-0.44	-4.42	-0.33	-0.45	-0.46	-0.45	-0.24
EBITDA to Interest Expense	463.59	1,990.33	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	244.45	970.99	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	351.25	1,593.48	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	61.08	61.71	62.59	62.9	64.68	60.75	61	57.04	39.11	39.28	32.23	36.49	39.94	41.46	40.05
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	89.31	82.19	102.43	82.66	71.39	65.71	64.67
Long-Term Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	44.23	42.18	46.5	41.93	38.83	37.06	36.37
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	- -	- -	34.93	32.29	33.01	30.16	28.51	27.24	25.9
Total Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	101.91	94.86	120.28	97.11	83.84	77.29	77.83
Total Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	50.47	48.68	54.6	49.27	45.61	43.6	43.77
Total Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	- -	- -	39.85	37.27	38.76	35.44	33.49	32.04	31.18
Net Debt to Equity	-43.4	-40.72	-41.82	-31.19	-23.97	-24.84	-15.64	-22.48	-20.63	-52.31	-28.11	-37.65	-33.63	-28.26	-12.91
Net Debt/Capital (%)	-76.67	-68.7	-71.88	-45.34	-31.52	-33.04	-18.54	-29.01	-11.38	-36.7	-14.63	-23.61	-22.39	-18.96	-7.94
EBITDA	272	368	434	542	671	865	1,038	1,134	1,197	535	1,566	1,880	1,922	1,832	1,834
EBITDA-CapEx	143	180	208	293	372	492	597	814	1,197	535	1,566	1,880	1,922	1,832	1,834
Operating Income (Loss)	206	295	345	425	521	673	810	874	920	366	1,307	1,649	1,687	1,579	1,549

Liquidity (USD)

Liquidity Ratios API ChatGPT

	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	2026 Y
As of date	01/31/2012	01/31/2013	01/31/2014	01/31/2015	01/31/2016	01/31/2017	01/31/2018	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

Cash Ratio	1.54	1.45	1.57	1.5	1.2	0.78	0.62	0.5	0.44	0.78	0.28	0.44	0.46	0.4	0.22
Current Ratio	3.52	3.57	3.76	3.5	3.47	2.9	2.64	2.32	1.81	1.87	1.46	1.61	1.71	1.7	1.41
Quick Ratio	1.7	1.64	1.75	1.65	1.36	0.95	0.77	0.66	0.56	0.92	0.43	0.56	0.59	0.52	0.36
CFO/Avg Current Liab	1.35	1.24	1.34	1.27	0.99	1.37	1.33	1.3	1.12	0.65	0.73	0.91	0.88	0.78	0.75
Common Equity/Total Assets	61.08	61.71	62.59	62.9	64.68	60.75	61	57.04	39.11	39.28	32.23	36.49	39.94	41.46	40.05
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	89.31	82.19	102.43	82.66	71.39	65.71	64.67
Long-Term Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	44.23	42.18	46.5	41.93	38.83	37.06	36.37
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	- -	- -	34.93	32.29	33.01	30.16	28.51	27.24	25.9
Total Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	101.91	94.86	120.28	97.11	83.84	77.29	77.83
Total Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	50.47	48.68	54.6	49.27	45.61	43.6	43.77
Total Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	- -	- -	39.85	37.27	38.76	35.44	33.49	32.04	31.18
CFO/Total Liabilities	59.3	48.94	54.65	53.91	47.7	63.33	68.7	69.74	37.18	26.22	32.8	43.45	43.07	38.1	35.82
CFO/CapEx	1.72	1.27	1.45	1.59	1.26	1.7	1.77	2.99	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	10.98	11.05	8.83	10.3	11.99	13.69	11.12	11.27	5.82	5.19	6.61	7.95	7.79	6.62	7.14

Working Capital (USD)

Working Capital Ratios API ChatGPT

	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	2026 Y
As of date	01/31/2012	01/31/2013	01/31/2014	01/31/2015	01/31/2016	01/31/2017	01/31/2018	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

Accounts Receivable Turnover	73.33	65.62	60.31	65.16	66.83	63.2	62.48	56.95	53.71	37.01	40.45	47.14	- -	- -	- -
Days Sales Outstanding	4.98	5.56	6.05	5.6	5.46	5.78	5.84	6.41	6.8	9.86	9.02	7.74	- -	- -	- -
Inventory Turnover	5.01	4.74	4.22	4.05	3.78	3.64	3.71	3.73	3.76	3.41	3.95	3.97	4.08	3.72	3.64
Days Inventory Outstanding	72.91	76.96	86.44	90.11	96.5	100.18	98.31	97.91	97.04	106.9	92.51	91.86	89.44	98.02	100.33
Accounts Payable Turnover	13.66	15.13	13.67	13.14	14.06	14.44	13.46	12.13	11.73	9.15	10.86	11.27	12.62	12.88	12.42
Accounts Payable Turnover Days	26.72	24.13	26.7	27.77	25.96	25.28	27.11	30.1	31.13	39.88	33.6	32.38	28.92	28.34	29.39
Cash Conversion Cycle	51.17	58.39	65.79	67.94	76.01	80.67	77.04	74.22	72.71	76.88	67.93	67.22	- -	- -	- -
Inventory to Cash Days	-67.93	-71.39	-80.39	-84.51	-91.04	-94.4	-92.47	-91.5	-90.24	-97.04	-83.48	-84.12	- -	- -	- -
Inventories	245	361	458	581	762	944	1,096	1,214	1,294	1,168	1,499	1,603	1,742	1,968	2,181
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	245	361	458	581	762	944	1,096	1,214	1,294	1,168	1,499	1,603	1,742	1,968	2,181
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	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	2026 Y
As of date	01/31/2012	01/31/2013	01/31/2014	01/31/2015	01/31/2016	01/31/2017	01/31/2018	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

Market Capitalization	4,734	6,251	5,494	8,507	11,041	16,611	13,648	16,798	15,391	16,172	18,887	25,787	24,470	19,154	27,546
- Cash & Cash Equivalents	254	320	419	389	346	385	277	409	392	1,046	432	738	767	703	424
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	- -	- -	- -	- -	- -	- -	- -	1,938	1,897	1,847	1,903	1,911	1,923	2,182
Enterprise Value	4,480	5,931	5,075	7,968	10,566	16,196	13,251	16,389	16,827	17,023	20,302	26,952	25,615	20,374	29,233
Total Capital	585	787	1,003	1,248	1,443	1,550	1,774	1,820	3,840	3,896	3,382	3,863	4,190	4,412	4,986
Total Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	50.47	48.68	54.6	49.27	45.61	43.6	43.77
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -	- -	0.12	0.11	0.09	0.07	0.07	0.09	0.07
EV/Sales	2.52	2.67	1.9	2.46	2.69	3.34	2.25	2.44	2.27	2.77	2.35	2.64	2.29	1.8	2.36
EV/EBITDA	16.46	16.11	11.7	14.7	15.74	18.72	12.77	14.46	14.06	31.84	12.96	14.34	13.33	11.12	15.94
EV/EBIT	22.83	21.18	15.49	19.41	20.87	24.73	16.87	19.19	18.67	71.88	15.65	16.45	15.26	13.02	19.07
EV/Cash Flow to Firm	20.25	24.8	15.49	20.09	28.11	25.53	17	17.14	15.28	21.01	19.17	18.19	17.35	15.22	19.45
EV/Free Cash Flow to Firm	48.37	117.35	49.9	54.01	137.74	62.07	39.13	25.74	15.28	21.01	19.17	18.19	17.35	15.22	19.45
Diluted Market Cap	4,819	6,289	5,514	8,569	11,169	16,804	13,907	17,256	15,798	16,258	19,800	26,490	25,115	19,753	28,060
Diluted Enterprise Value	4,565	5,969	5,095	8,030	10,693	16,389	13,509	16,846	17,234	17,109	21,216	27,655	26,259	20,973	29,748
EV per Share	72.01	92.66	79.01	124.14	166.28	260.69	217.86	279.74	297.26	302.58	388.11	535.14	530.07	443.24	661.9
TTM Sales	1,776	2,220	2,671	3,241	3,924	4,855	5,885	6,717	7,398	6,152	8,631	10,209	11,207	11,296	12,393
TTM EBITDA	272	368	434	542	671	865	1,038	1,134	1,197	535	1,566	1,880	1,922	1,832	1,834
TTM Operating Income	206	295	345	425	521	673	810	874	920	366	1,307	1,649	1,687	1,579	1,549
TTM Cash Flow to Firm	221	239	328	397	376	634	779	956	1,101	810	1,059	1,482	1,476	1,339	1,503
TTM Free Cash Flow to Firm	93	51	102	148	77	261	339	637	1,101	810	1,059	1,482	1,476	1,339	1,503

Multiples (USD)

Valuation Multiples API ChatGPT

	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	2026 Y
As of date	01/31/2012	01/31/2013	01/31/2014	01/31/2015	01/31/2016	01/31/2017	01/31/2018	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

Price/Free Cash Flow	52.24	124.73	54.22	58.09	145.61	64.4	41.07	27.1	14.35	20.06	18.69	17.88	17.01	14.76	18.67
EV/EBIT	22.83	21.18	15.49	19.41	20.87	24.73	16.87	19.19	18.67	71.88	15.65	16.45	15.26	13.02	19.07
Enterprise Value	4,480	5,931	5,075	7,968	10,566	16,196	13,251	16,389	16,827	17,023	20,302	26,952	25,615	20,374	29,233
Low Price	36.25	76.42	71.84	83.18	130.08	148.62	189	192.36	222.47	126.49	277.99	342.41	370.84	318.74	318.42
EV/Sales	2.52	2.67	1.9	2.46	2.69	3.34	2.25	2.44	2.27	2.77	2.35	2.64	2.29	1.8	2.36
EV/EBITDA	16.46	16.11	11.7	14.7	15.74	18.72	12.77	14.46	14.06	31.84	12.96	14.34	13.33	11.12	15.94
Price/Earnings	38.76	35.8	26.98	33.16	34.73	40.79	24.88	26.06	22.28	92.12	19.95	21.18	19.34	16.38	24.25
Price/Earnings Average	29.59	33.66	31.48	25.84	32.07	34.91	27.38	22.77	24.4	75.23	19.57	17.01	17.68	16.25	18.76
Price/Earnings High	40.17	38.54	41.64	34.35	37.51	42.18	34.28	28.83	29.93	97.48	23.12	21.18	21.13	22.46	26.82
Price/Earnings Low	18.46	28.01	22.66	20.81	26	22.68	20.95	17.49	18.23	40.54	15.36	14.17	14.16	12.53	12.38
Price/Book Value	8.1	7.94	5.48	6.82	7.65	10.72	7.69	9.23	8.09	8.09	12.3	13.16	10.74	7.7	9.83
Price/Book Value Average	6.18	7.47	6.39	5.31	7.07	9.17	8.47	8.06	8.86	6.6	12.06	10.57	9.82	7.64	7.6
Price/Book Value High	8.39	8.55	8.45	7.06	8.27	11.08	10.6	10.21	10.87	8.56	14.26	13.16	11.73	10.56	10.87
Price/Book Value Low	3.86	6.22	4.6	4.28	5.73	5.96	6.48	6.19	6.62	3.56	9.47	8.8	7.86	5.89	5.02
Price/Tangible Book Value	8.1	7.94	5.48	6.82	7.65	10.72	7.69	9.31	8.15	8.14	12.4	13.24	10.79	7.73	11.6
Price/Tangible Book Value Average	6.18	7.47	6.39	5.31	7.07	9.17	8.47	8.13	8.93	6.65	12.16	10.63	9.87	7.67	8.98
Price/Tangible Book Value High	8.39	8.55	8.45	7.06	8.27	11.08	10.6	10.29	10.95	8.62	14.37	13.24	11.79	10.61	12.84
Price/Tangible Book Value Low	3.86	6.22	4.6	4.28	5.73	5.96	6.48	6.24	6.67	3.58	9.55	8.85	7.9	5.91	5.92
Price/Sales	2.62	2.78	2.05	2.63	2.83	3.44	2.35	2.56	2.13	2.63	2.28	2.58	2.23	1.74	2.26
Price/Sales Average	2	2.62	2.39	2.05	2.62	2.95	2.58	2.23	2.33	2.15	2.23	2.07	2.04	1.73	1.75
Price/Sales High	2.72	3	3.16	2.72	3.06	3.56	3.23	2.83	2.86	2.79	2.64	2.58	2.43	2.39	2.5
Price/Sales Low	1.25	2.18	1.72	1.65	2.12	1.91	1.98	1.71	1.74	1.16	1.75	1.72	1.63	1.33	1.15
Price/Cash Flow	21.1	25.85	16.7	21.5	29.56	26.35	17.72	17.95	14.28	19.99	18.57	17.76	16.91	14.7	18.61
Price/Cash Flow Average	16.11	24.3	19.49	16.75	27.31	22.55	19.5	15.69	15.64	16.32	18.21	14.26	15.46	14.58	14.4
Price/Cash Flow High	21.87	27.82	25.77	22.27	31.94	27.25	24.42	19.86	19.18	21.15	21.52	17.76	18.48	20.16	20.59
Price/Cash Flow Low	10.05	20.22	14.03	13.49	22.13	14.65	14.93	12.04	11.68	8.8	14.3	11.88	12.39	11.24	9.5
Price/Free Cash Flow Average	39.88	117.27	63.26	45.26	134.48	55.11	45.19	23.68	15.71	16.38	18.33	14.36	15.56	14.64	14.45
Price/Free Cash Flow High	54.14	134.28	83.65	60.16	157.29	66.59	56.58	29.98	19.27	21.23	21.66	17.88	18.59	20.24	20.66
Price/Free Cash Flow Low	24.89	97.6	45.53	36.45	109	35.8	34.59	18.18	11.74	8.83	14.39	11.95	12.46	11.29	9.53
EV/Sales Average	1.89	2.5	2.24	1.88	2.48	2.84	2.48	2.12	2.47	2.29	2.31	2.14	2.1	1.79	1.86
EV/Sales High	2.62	2.89	3.02	2.55	2.92	3.45	3.13	2.71	2.99	2.92	2.7	2.64	2.49	2.43	2.6
EV/Sales Low	1.13	2.06	1.57	1.48	1.99	1.82	1.89	1.62	1.9	1.3	1.85	1.8	1.7	1.41	1.27
EV/EBITDA Average	12.35	15.09	13.81	11.23	14.48	15.95	14.09	12.59	15.29	26.3	12.73	11.64	12.24	11.04	12.54
EV/EBITDA High	17.1	17.41	18.57	15.26	17.06	19.38	17.73	16.03	18.48	33.6	14.88	14.34	14.51	15.01	17.54
EV/EBITDA Low	7.35	12.41	9.67	8.85	11.6	10.19	10.69	9.58	11.72	14.9	10.19	9.79	9.92	8.66	8.59
EV/EBIT Average	17.12	19.85	18.29	14.84	19.2	21.07	18.62	16.71	20.3	59.36	15.37	13.35	14.02	12.92	15
EV/EBIT High	23.71	22.89	24.6	20.16	22.62	25.6	23.44	21.28	24.54	75.85	17.96	16.45	16.62	17.57	20.98
EV/EBIT Low	10.2	16.33	12.81	11.69	15.39	13.47	14.13	12.72	15.57	33.64	12.3	11.24	11.36	10.14	10.27
Last Price	76.09	97.66	85.54	132.55	173.77	267.37	224.39	286.73	271.89	287.46	361.05	512	506.38	416.7	623.68
High Price	78.86	105.14	131.98	137.29	187.71	276.47	309.17	317.16	365.26	304.17	418.44	512	553.36	571.58	690.01
Enterprise Value Average	3,360	5,557	5,991	6,089	9,722	13,800	14,622	14,268	18,292	14,057	19,936	21,877	23,520	20,224	23,002
Enterprise Value High	4,652	6,409	8,058	8,272	11,451	16,762	18,407	18,171	22,113	17,964	23,304	26,952	27,885	27,493	32,163
Enterprise Value Low	2,001	4,571	4,195	4,800	7,790	8,819	11,098	10,860	14,030	7,967	15,957	18,411	19,065	15,871	15,751

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	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	2026 Y
As of date	01/31/2012	01/31/2013	01/31/2014	01/31/2015	01/31/2016	01/31/2017	01/31/2018	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

Shares Outstanding	62	64	64	64	64	62	61	59	57	56	52	50	48	46	44
Diluted Weighted Avg Shares	63	64	64	65	64	63	62	60	58	57	55	52	50	47	45
Basic Weighted Avg Shares	61	63	64	64	64	63	62	60	58	56	54	51	49	47	45
Revenue per Share	28.99	35.1	41.73	50.38	61.36	77.65	95.6	112.2	127.91	109.17	158.42	198.6	227.31	239.28	276.37
EBITDA per Share	4.44	5.82	6.78	8.43	10.5	13.84	16.86	18.94	20.69	9.49	28.74	36.57	38.98	38.81	40.89
Operating Income per Share	3.37	4.66	5.39	6.6	8.15	10.77	13.15	14.6	15.91	6.5	23.99	32.08	34.21	33.44	34.54
Basic EPS, GAAP	1.96	2.73	3.17	4	5	6.55	9.02	11	12.21	3.12	18.09	24.17	26.18	25.44	25.72
Basic EPS from Cont Ops	1.96	2.73	3.17	4	5	6.55	9.02	11	12.21	3.12	18.09	24.17	26.18	25.44	25.72
Diluted EPS, GAAP	1.9	2.68	3.15	3.98	4.98	6.52	8.96	10.94	12.15	3.11	17.98	24.01	26.03	25.34	25.64
Diluted EPS from Cont Ops	1.9	2.68	3.15	3.98	4.98	6.52	8.96	10.94	12.15	3.11	17.98	24.01	26.03	25.34	25.64
Dividend per Share	- -	0.99	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	3.61	3.78	5.12	6.16	5.88	10.15	12.66	15.97	19.04	14.38	19.44	28.83	29.94	28.36	33.51
Free Cash Flow per Basic Share	1.51	0.8	1.59	2.29	1.2	4.17	5.5	10.64	19.04	14.38	19.44	28.83	29.94	28.36	33.51
Cash & Equivalents per Share	4.08	5.01	6.53	8.4	7.49	6.68	6.53	6.99	8.87	18.59	8.25	14.65	15.86	15.3	11.19
Book Value per Share	9.4	12.29	15.62	19.44	22.71	24.95	29.17	31.07	33.6	35.54	29.35	38.91	47.17	54.14	63.48
Tangible Book Value per Share	9.4	12.29	15.62	19.44	22.71	24.95	29.17	30.81	33.35	35.3	29.11	38.67	46.93	53.89	53.75