Live Nation Entertainment, Inc. Financial Ratios — 3LN 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 (%)	-5.88	-11.59	-3.14	-6.71	-2.57	0.25	-0.52	5.28	6.23	- -	- -	- -	- -	- -	223.28
Return on Assets (%)	-1.62	-3.15	-0.79	-1.56	-0.54	0.05	-0.08	0.75	0.72	-15.99	-5.21	1.73	3.14	4.64	2.33
Return on Capital (%)	- -	- -	- -	- -	-8.18	0.78	- -	3.01	2.18	- -	- -	4.56	7.43	- -	4.57
Return on Invested Capital (%)	- -	- -	- -	- -	-8.79	2.12	- -	4.48	3.73	- -	- -	6.82	9.2	- -	7.52
Gross Margin (%)	29.62	28.66	27.75	28.35	28.28	27.95	25.86	26.14	26.68	24.65	30.51	25.98	23.92	24.94	25.55
EBITDA Margin (%)	6.71	7.01	7.85	5.47	7.3	6.56	4.79	6.11	6.66	-62.76	-0.03	7.03	7.05	5.94	7.5
Operating Margin (%)	0.51	-0.32	1.66	2	1.82	2.49	0.93	2.62	2.79	-88.8	-6.54	4.14	4.71	3.51	4.89
Incremental Operating Margin (%)	21.34	- -	19.2	7.67	- -	10.82	- -	17.49	5.2	20.39	28.19	10.56	6.3	- -	20.49
Pretax Margin (%)	-1.79	-2.27	-0.08	-1.45	0.09	0.62	-0.1	1.22	1.6	-99.76	-9.75	2.94	4.02	3.19	4.09
Profit Margin (%)	-1.54	-2.81	-0.67	-1.32	-0.45	0.04	-0.06	0.56	0.61	-92.66	-10.38	1.6	2.45	3.87	1.97
Net Income to Common Margin (%)	-1.54	-2.81	-0.67	-1.32	-0.45	0.04	-0.06	0.56	0.61	-92.66	-10.38	1.6	2.45	3.87	1.97
Effective Tax Rate (%)	- -	- -	- -	- -	348.21	58	- -	31.09	36.14	- -	- -	23.64	22.94	- -	32.97
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	-5.88	-11.59	-3.14	-6.71	-2.57	0.25	-0.52	5.28	6.23	- -	- -	- -	- -	- -	223.28

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	1,705	1,740	1,809	2,043	2,045	2,313	2,300	2,815	4,805	6,461	7,461	7,698	8,438	8,272	10,404
ST Debt	53	62	278	47	42	53	348	82	160	161	709	760	1,293	414	755
LT Debt	1,653	1,678	1,530	1,996	2,003	2,260	1,952	2,733	4,646	6,301	6,752	6,938	7,145	7,857	9,649
Total Debt/EBITDA	4.72	4.27	3.56	5.44	3.87	4.5	4.96	4.27	6.25	-5.53	-4,718.86	6.57	5.27	6.02	5.5
Net Debt/EBITDA	2.38	1.81	1	1.76	1.4	1.53	1.02	0.67	1.09	-2.03	-535.11	0.25	0.23	0.25	0.58
Total Debt/EBIT	93	-80.41	12.95	285.23	15.57	11.87	25.16	10.33	14.79	-3.91	-17.85	10.66	7.78	10.03	8.32
Net Debt/EBIT	46.95	-34.15	3.65	92.32	5.65	4.03	5.19	1.63	2.58	-1.43	-2.02	0.41	0.33	0.42	0.88
EBITDA to Interest Expense	3	3.3	4.55	3.53	5.14	4.82	4.3	4.68	4.88	-5.15	-0.01	4.21	4.57	4.22	5.98
EBITDA-CapEx/Interest Expense	2.09	2.18	3.34	2.19	3.63	3.13	1.99	2.72	2.56	-6.13	-0.57	2.94	3.22	2.15	2.53
EBIT to Interest Expense	0.23	-0.15	0.97	1.29	1.29	1.83	0.84	2.01	2.05	-7.29	-1.45	2.48	3.06	2.5	3.9
Interest Expense	120	124	112	106	103	107	108	141	158	227	282	278	350	326	316
Common Equity/Total Assets	28.78	25.62	24.79	21.73	20.09	16.65	15.74	12.93	10.44	-4.46	-4.05	-2.23	-0.27	0.88	1.18
Long-Term Debt/Equity (%)	101.69	108.21	92.71	120.77	117.07	133.19	117.41	163.44	242.79	4,542.83	1,857.54	908.63	506.05	403.92	530.5
Long-Term Debt/Capital (%)	49.62	50.99	44.24	54	53.32	56.36	49.27	60.9	69.14	95.47	86.29	81.99	72.54	76.91	78.94
Long-Term Debt/Total Assets (%)	32.55	31.71	26.93	33.44	32.53	33.41	26.02	32.16	42.33	59.5	46.88	42.15	37.55	40.01	42.11
Total Debt/Equity (%)	104.93	112.21	109.57	123.64	119.55	136.34	138.31	168.35	251.14	4,658.6	2,052.6	1,008.2	597.62	425.22	572.03
Total Debt/Capital (%)	51.2	52.88	52.28	55.29	54.45	57.69	58.04	62.74	71.52	97.9	95.35	90.98	85.67	80.96	85.12
Total Debt/Total Assets (%)	33.59	32.89	31.83	34.24	33.22	34.2	30.65	33.13	43.78	61.02	51.8	46.77	44.34	42.12	45.41
Net Debt to Equity	52.98	47.65	30.88	40.02	43.37	46.36	28.54	26.52	43.83	1,709.28	232.76	38.9	25.61	17.61	60.78
Net Debt/Capital (%)	34.63	32.27	23.59	28.58	30.25	31.67	22.21	20.96	19.74	58.36	28.78	10.4	9.99	8.31	21.55
EBITDA	361	408	509	375	529	514	464	659	769	-1,168	-2	1,172	1,602	1,374	1,890
EBITDA-CapEx	251	270	373	232	374	333	214	384	403	-1,391	-161	819	1,126	699	800
Operating Income (Loss)	27	-19	108	138	132	195	90	283	322	-1,653	-410	690	1,071	813	1,233

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	0.57	0.57	0.58	0.69	0.62	0.62	0.51	0.63	0.6	0.67	0.71	0.68	0.62	0.65	0.64
Current Ratio	1.06	1.03	0.96	1.13	1.09	1.09	0.88	1.03	1.02	0.96	0.97	0.98	0.95	0.99	1
Quick Ratio	0.83	0.8	0.77	0.9	0.84	0.85	0.72	0.86	0.85	0.8	0.87	0.86	0.83	0.84	0.83
CFO/Avg Current Liab	0.09	0.23	0.21	0.14	0.15	0.26	0.21	0.26	0.12	-0.27	0.33	0.24	0.15	0.18	0.14
Common Equity/Total Assets	28.78	25.62	24.79	21.73	20.09	16.65	15.74	12.93	10.44	-4.46	-4.05	-2.23	-0.27	0.88	1.18
Long-Term Debt/Equity (%)	101.69	108.21	92.71	120.77	117.07	133.19	117.41	163.44	242.79	4,542.83	1,857.54	908.63	506.05	403.92	530.5
Long-Term Debt/Capital (%)	49.62	50.99	44.24	54	53.32	56.36	49.27	60.9	69.14	95.47	86.29	81.99	72.54	76.91	78.94
Long-Term Debt/Total Assets (%)	32.55	31.71	26.93	33.44	32.53	33.41	26.02	32.16	42.33	59.5	46.88	42.15	37.55	40.01	42.11
Total Debt/Equity (%)	104.93	112.21	109.57	123.64	119.55	136.34	138.31	168.35	251.14	4,658.6	2,052.6	1,008.2	597.62	425.22	572.03
Total Debt/Capital (%)	51.2	52.88	52.28	55.29	54.45	57.69	58.04	62.74	71.52	97.9	95.35	90.98	85.67	80.96	85.12
Total Debt/Total Assets (%)	33.59	32.89	31.83	34.24	33.22	34.2	30.65	33.13	43.78	61.02	51.8	46.77	44.34	42.12	45.41
CFO/Total Liabilities	3.93	9.82	10.7	6.77	6.92	11.81	10.67	13.8	5.18	-10.37	12.68	11.69	7.74	9.75	6.61
CFO/CapEx	1.23	2.65	3.19	2.04	1.99	3.33	2.5	3.42	1.28	-4.87	11.14	5.19	2.87	2.56	1.28
Altman's Z-Score	2.04	1.88	2.29	2.54	2.56	2.52	2.62	2.76	2.49	-0.11	1.15	1.79	2.25	2.55	2.45

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	14.97	14.45	15.16	16	16.62	15.32	14.97	13.88	12.66	2.51	8.07	13.18	13.02	12.28	13.42
Days Sales Outstanding	24.38	25.25	24.08	22.81	21.96	23.82	24.38	26.3	28.82	145.25	45.22	27.7	28.03	29.73	27.2
Inventory Turnover	- -	332.35	385.16	392.12	381.93	382.29	440.86	530.45	590.44	73.61	156.06	340.38	412.34	364.81	351.63
Days Inventory Outstanding	- -	1.1	0.95	0.93	0.96	0.95	0.83	0.69	0.62	4.96	2.34	1.07	0.89	1	1.04
Accounts Payable Turnover	- -	6.79	6.55	6.56	7.15	7.5	7.91	7.37	7.59	1.45	3.53	6.84	8.43	8.21	8.74
Accounts Payable Turnover Days	- -	53.75	55.69	55.63	51.04	48.64	46.13	49.54	48.12	250.96	103.35	53.4	43.32	44.48	41.78
Cash Conversion Cycle	- -	-27.4	-30.66	-31.88	-28.13	-23.86	-20.92	-22.56	-18.68	-100.75	-55.78	-24.62	-14.4	-13.75	-13.54
Inventory to Cash Days	- -	24.15	23.14	21.88	21.01	22.87	23.55	25.61	28.21	140.3	42.88	26.63	27.14	28.73	26.16
Inventories	13	12	12	13	14	15	17	13	16	22	34	39	45	50	57
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	13	12	12	13	14	15	17	13	16	22	34	39	45	50	57

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	1,597	1,733	3,961	5,393	5,067	5,419	8,873	10,404	15,321	16,260	26,751	16,183	21,813	30,631	33,774
- Cash & Cash Equivalents	844	1,001	1,299	1,382	1,303	1,527	1,825	2,372	2,470	2,538	4,885	5,606	6,232	6,095	7,094
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	164	195	242	356	474	571	482	573	768	610	946	1,131	1,464	1,772	1,548
+ Total Debt	1,705	1,740	1,809	2,043	2,045	2,313	2,300	2,815	4,805	6,461	7,461	7,698	8,438	8,272	10,404
Enterprise Value	2,622	2,668	4,712	6,410	6,283	6,776	9,829	11,421	18,424	20,794	30,273	19,406	25,484	34,580	38,632
Total Capital	3,330	3,291	3,460	3,696	3,756	4,010	3,963	4,487	6,719	6,600	7,824	8,462	9,850	10,217	12,223
Total Debt/Capital (%)	51.2	52.88	52.28	55.29	54.45	57.69	58.04	62.74	71.52	97.9	95.35	90.98	85.67	80.96	85.12
Total Debt / EV	0.65	0.65	0.38	0.32	0.33	0.34	0.23	0.25	0.26	0.31	0.25	0.4	0.33	0.24	0.27
EV/Sales	0.49	0.46	0.73	0.93	0.87	0.87	1.01	1.06	1.6	11.17	4.83	1.16	1.12	1.49	1.53
EV/EBITDA	7.26	6.54	9.27	17.08	11.89	13.19	21.2	17.33	23.96	- -	- -	16.56	15.91	25.16	20.44
EV/EBIT	142.98	- -	33.74	894.79	47.82	34.76	107.55	41.91	56.72	- -	- -	26.88	23.49	41.94	30.88
EV/Cash Flow to Firm	- -	- -	- -	- -	119.69	10.53	- -	10.99	32.3	- -	- -	9.48	15.61	- -	24.04
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	14.62	- -	14.96	90.07	- -	- -	11.45	22.01	- -	74.75
Diluted Market Cap	1,537	1,698	3,848	5,331	5,029	5,366	8,739	10,271	15,061	15,832	25,860	16,203	21,596	30,891	33,261
Diluted Enterprise Value	2,562	2,632	4,600	6,348	6,245	6,723	9,695	11,288	18,164	20,366	29,382	19,426	25,266	34,840	38,119
EV per Share	13.83	13.98	23.61	31.86	31.03	33.2	47.24	54.35	86.21	95.38	134.74	83.91	109.23	147.55	164.1
TTM Sales	5,384	5,819	6,479	6,867	7,246	7,826	9,687	10,788	11,548	1,861	6,268	16,681	22,726	23,156	25,201
TTM EBITDA	361	408	509	375	529	514	464	659	769	-1,168	-2	1,172	1,602	1,374	1,890
TTM Operating Income	27	-19	108	138	132	195	90	283	322	-1,653	-410	690	1,071	813	1,233
TTM Cash Flow to Firm	- -	- -	- -	- -	52	643	- -	1,039	570	- -	- -	2,048	1,633	- -	1,607
TTM Free Cash Flow to Firm	- -	- -	- -	- -	-102	463	- -	763	205	- -	- -	1,694	1,158	- -	517

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	59.99	7.42	13	35.72	32.85	12.82	23.36	15.42	144.88	-12.12	15.96	10.94	24.33	29.42	109.06
EV/EBIT	142.98	- -	33.74	894.79	47.82	34.76	107.55	41.91	56.72	- -	- -	26.88	23.49	41.94	30.88
Enterprise Value	2,622	2,668	4,712	6,410	6,283	6,776	9,829	11,421	18,424	20,794	30,273	19,406	25,484	34,580	38,632
Low Price	7.65	8.18	9.22	19.59	23.51	19.16	26.46	35.46	47.61	21.83	66	65.54	64.51	86.55	112.87
EV/Sales	0.49	0.46	0.73	0.93	0.87	0.87	1.01	1.06	1.6	11.17	4.83	1.16	1.12	1.49	1.53
EV/EBITDA	7.26	6.54	9.27	17.08	11.89	13.19	21.2	17.33	23.96	- -	- -	16.56	15.91	25.16	20.44
Price/Earnings	- -	- -	- -	- -	- -	1,823.91	- -	170.48	215.5	- -	- -	59.04	38.38	33.56	67.06
Price/Earnings Average	- -	- -	- -	- -	- -	1,668.32	- -	163.85	193.79	- -	- -	78.65	33.19	26.23	67.15
Price/Earnings High	- -	- -	- -	- -	- -	1,949.86	- -	196.81	220.93	- -	- -	105.64	41.19	36.57	81.73
Price/Earnings Low	- -	- -	- -	- -	- -	1,315.85	- -	122.1	143.1	- -	- -	55.3	26.49	22.22	52.76
Price/Book Value	1.09	1.28	2.81	4.16	4.1	4.81	7.51	9.47	13.37	-34.47	-45.91	-44.03	-417.04	176.79	124.62
Price/Book Value Average	1.3	1.28	2.16	3.56	4.23	4.4	6.44	9.1	12.02	-25.43	-34.43	-58.65	-360.62	138.17	124.79
Price/Book Value High	1.59	1.52	2.81	4.23	4.79	5.14	8.12	10.93	13.71	-35.63	-47.73	-78.77	-447.47	192.64	151.88
Price/Book Value Low	0.99	1.15	1.31	3.04	3.85	3.47	4.66	6.78	8.88	-10.09	-25.45	-41.24	-287.76	117.07	98.05
Price/Tangible Book Value	-1.52	-1.57	-3.57	-4.37	-3.35	-3.01	-5.31	-5.93	-7.32	-4.25	-5.86	-3.75	-5.09	-8.03	-8.31
Price/Tangible Book Value Average	-1.81	-1.58	-2.74	-3.74	-3.45	-2.75	-4.55	-5.7	-6.59	-3.14	-4.39	-4.99	-4.4	-6.28	-8.32
Price/Tangible Book Value High	-2.22	-1.87	-3.57	-4.44	-3.91	-3.22	-5.74	-6.85	-7.51	-4.39	-6.09	-6.71	-5.46	-8.75	-10.12
Price/Tangible Book Value Low	-1.39	-1.41	-1.66	-3.19	-3.14	-2.17	-3.29	-4.25	-4.86	-1.24	-3.25	-3.51	-3.51	-5.32	-6.54
Price/Sales	0.29	0.29	0.59	0.78	0.69	0.69	0.9	0.95	1.3	8.51	4.13	0.94	0.94	1.3	1.32
Price/Sales Average	0.34	0.29	0.46	0.67	0.72	0.63	0.77	0.92	1.17	6.28	3.09	1.26	0.81	1.02	1.32
Price/Sales High	0.41	0.35	0.59	0.79	0.81	0.73	0.98	1.1	1.34	8.79	4.29	1.69	1.01	1.42	1.61
Price/Sales Low	0.26	0.26	0.28	0.57	0.65	0.49	0.56	0.68	0.87	2.49	2.29	0.88	0.65	0.86	1.04
Price/Cash Flow	11.32	4.63	8.92	18.25	16.34	8.96	14.02	10.91	32.06	-14.61	14.52	8.57	15.68	17.43	23.84
Price/Cash Flow Average	13.44	4.65	6.85	15.64	16.85	8.2	12.02	10.48	28.83	-10.78	10.89	11.42	13.56	13.63	23.87
Price/Cash Flow High	16.45	5.51	8.92	18.55	19.1	9.58	15.16	12.59	32.87	-15.11	15.1	15.34	16.83	19	29.05
Price/Cash Flow Low	10.29	4.16	4.15	13.34	15.35	6.47	8.7	7.81	21.29	-4.28	8.05	8.03	10.82	11.54	18.75
Price/Free Cash Flow Average	71.21	7.46	9.98	30.61	33.89	11.72	20.03	14.82	130.29	-8.94	11.97	14.57	21.04	22.99	109.21
Price/Free Cash Flow High	87.16	8.85	13	36.32	38.4	13.7	25.26	17.8	148.53	-12.53	16.59	19.56	26.1	32.06	132.91
Price/Free Cash Flow Low	54.5	6.68	6.04	26.11	30.87	9.25	14.49	11.04	96.21	-3.55	8.84	10.24	16.79	19.48	85.8
EV/Sales Average	0.54	0.46	0.59	0.82	0.89	0.81	0.88	1.02	1.46	8.88	3.76	1.49	0.99	1.2	1.53
EV/Sales High	0.62	0.52	0.73	0.95	0.99	0.91	1.09	1.21	1.63	11.47	5	1.93	1.19	1.61	1.83
EV/Sales Low	0.46	0.43	0.4	0.72	0.82	0.67	0.67	0.78	1.15	4.99	2.93	1.1	0.82	1.05	1.25
EV/EBITDA Average	8.08	6.56	7.46	15.02	12.19	12.29	18.48	16.71	21.96	- -	- -	21.14	14.07	20.29	20.46
EV/EBITDA High	9.26	7.35	9.27	17.32	13.5	13.92	22.76	19.77	24.47	- -	- -	27.45	16.9	27.16	24.35
EV/EBITDA Low	6.85	6.12	5.1	13.21	11.31	10.26	13.94	12.85	17.27	- -	- -	15.68	11.69	17.63	16.63
EV/EBIT Average	159.27	- -	27.16	787.05	49.04	32.39	93.73	40.42	51.96	- -	- -	34.32	20.77	33.82	30.91
EV/EBIT High	182.43	- -	33.74	907.3	54.34	36.68	115.46	47.8	57.9	- -	- -	44.56	24.96	45.27	36.78
EV/EBIT Low	135.02	- -	18.56	692.25	45.49	27.02	70.7	31.07	40.87	- -	- -	25.46	17.26	29.39	25.12
Last Price	8.42	9.08	19.85	26.81	25.02	26.55	42.64	49.51	71.69	74.58	119.07	69.98	93.5	130.7	143.46
High Price	12.24	10.82	19.85	27.25	29.25	28.39	46.12	57.16	73.5	77.1	123.77	125.2	100.32	142.41	174.84
Enterprise Value Average	2,921	2,675	3,793	5,638	6,443	6,314	8,567	11,016	16,880	16,531	23,583	24,780	22,532	27,888	38,678
Enterprise Value High	3,345	3,000	4,712	6,500	7,138	7,150	10,552	13,028	18,810	21,343	31,330	32,177	27,075	37,325	46,019
Enterprise Value Low	2,476	2,495	2,592	4,959	5,977	5,266	6,461	8,468	13,277	9,294	18,351	18,381	18,722	24,232	31,430

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	190	191	200	201	202	204	208	210	214	218	225	231	233	234	235
Diluted Weighted Avg Shares	182	187	194	199	201	202	205	207	210	212	217	232	231	236	232
Basic Weighted Avg Shares	182	187	194	199	201	202	205	207	210	212	217	225	229	230	232
Revenue per Share	29.52	31.13	33.41	34.53	36.05	38.73	47.27	52	54.97	8.77	28.86	74.2	99.4	100.62	108.7
EBITDA per Share	1.98	2.18	2.62	1.89	2.63	2.54	2.26	3.18	3.66	-5.5	-0.01	5.21	7.01	5.97	8.15
Operating Income per Share	0.15	-0.1	0.56	0.69	0.66	0.97	0.44	1.36	1.53	-7.79	-1.89	3.07	4.68	3.54	5.32
Basic EPS, GAAP	-0.46	-0.87	-0.22	-0.46	-0.16	0.01	-0.03	0.29	0.33	-8.12	-3	1.19	2.44	3.89	2.14
Basic EPS from Cont Ops	-0.39	-0.87	-0.19	-0.53	-0.08	0.1	0.04	0.44	0.56	-8.61	-2.8	1.67	3.08	4.92	2.98
Diluted EPS, GAAP	-0.46	-0.87	-0.22	-0.46	-0.16	0.01	-0.03	0.29	0.33	-8.12	-3	1.15	2.41	3.79	2.14
Diluted EPS from Cont Ops	-0.39	-0.87	-0.19	-0.53	-0.08	0.1	0.04	0.44	0.56	-8.61	-2.8	1.62	3.05	4.79	2.98
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	0.74	1.96	2.22	1.47	1.53	2.96	3.04	4.54	2.24	-5.1	8.2	8.16	5.96	7.5	6.02
Free Cash Flow per Basic Share	0.14	1.22	1.53	0.75	0.76	2.07	1.83	3.21	0.49	-6.15	7.46	6.59	3.88	4.56	1.32
Cash & Equivalents per Share	4.45	5.25	6.51	6.87	6.44	7.48	8.77	11.29	11.56	11.64	21.74	24.24	26.71	26.01	30.13
Book Value per Share	7.71	7.1	7.06	6.45	6.11	5.52	5.68	5.23	5.36	-2.16	-2.59	-1.59	-0.22	0.74	1.15
Tangible Book Value per Share	-5.53	-5.79	-5.57	-6.13	-7.48	-8.83	-8.03	-8.35	-9.79	-17.55	-20.34	-18.66	-18.36	-16.27	-17.27