LPL Financial Holdings Inc. Financial Ratios — 7LI 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 (%)	13.53	12.23	16.24	17.19	20.01	24.98	26.75	45.33	56.05	40.42	30.81	44.07	50.22	42.26	20.86
Return on Assets (%)	4.57	3.89	4.53	4.4	3.94	4.1	4.69	8.11	9.86	7.58	6.3	9.68	10.73	8.93	5.43
Return on Capital (%)	8.09	7.21	8.4	7.82	7.19	8.38	9.42	15.41	18.47	14.58	12.51	19.15	21.58	17.21	10.85
Return on Invested Capital (%)	8.09	7.21	8.4	7.81	7.18	8.37	9.42	15.34	18.34	14.49	12.47	19.15	21.59	17.22	10.86
Gross Margin (%)	20.37	20.47	20.46	20.67	21.47	23.65	25.64	27.77	28.73	25.45	22.2	27.55	30.35	27.21	23.67
EBITDA Margin (%)	12.19	10.3	10.29	10.13	10.6	12.54	13.87	16.68	18.36	15.48	12.13	17.73	19.75	17.04	12.85
Operating Margin (%)	10.72	8.95	9.2	8.8	8.27	9.73	11.54	13.83	15.56	12.46	9.46	14.39	16.23	13.46	9.14
Incremental Operating Margin (%)	87.29	- -	11.12	1.69	31.61	- -	43.09	24.66	36.05	- -	- -	57.7	27.11	1.52	- -
Pretax Margin (%)	8.12	6.84	7.03	6.74	6.61	7.35	8.52	11.42	13.19	10.66	7.79	12.92	14.37	11.25	6.77
Profit Margin (%)	4.9	4.15	4.39	4.07	3.95	4.74	5.58	8.47	9.95	8.05	5.96	9.83	10.61	8.55	5.08
Net Income to Common Margin (%)	4.9	4.15	4.39	4.07	3.95	4.74	5.58	8.47	9.95	8.05	5.96	9.83	10.61	8.55	5.08
Effective Tax Rate (%)	39.73	39.38	37.57	39.58	40.27	35.49	34.48	25.85	24.53	24.51	23.53	23.92	26.2	24	24.92
Dvd Payout Ratio (%)	- -	163.78	37.4	53.7	56.77	46.41	37.79	20.11	14.75	16.74	17.42	9.44	8.65	8.48	10.94
Sustainable Growth Rate (%)	13.53	-7.8	10.17	7.96	8.65	13.39	16.64	36.21	47.78	33.65	25.44	39.91	45.88	38.68	18.58

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	1,333	1,318	1,535	1,746	2,248	2,281	2,493	2,476	2,649	2,592	3,050	2,948	3,963	5,748	7,463
ST Debt	14	43	11	121	- -	- -	- -	- -	45	- -	90	- -	280	1,047	79
LT Debt	1,319	1,275	1,524	1,625	2,248	2,281	2,493	2,476	2,604	2,592	2,960	2,948	3,683	4,701	7,384
Total Debt/EBITDA	3.14	3.49	3.6	3.94	4.96	4.49	4.2	2.86	2.56	2.85	3.26	1.93	2	2.72	3.42
Net Debt/EBITDA	1.44	2.26	2.39	3.01	3.23	2.81	2.65	2.15	1.75	1.69	2.48	1.23	1.65	2.14	2.85
Total Debt/EBIT	3.79	4.31	4.48	5.04	6.58	5.79	5.29	3.45	3.04	3.54	4.32	2.38	2.43	3.45	4.81
Net Debt/EBIT	1.74	2.79	2.97	3.85	4.28	3.62	3.34	2.59	2.07	2.1	3.29	1.51	2	2.72	4.01
EBITDA to Interest Expense	6.17	6.88	8.29	8.6	7.67	5.27	5.55	6.92	7.95	8.59	8.97	12.08	10.63	7.7	5.41
EBITDA-CapEx/Interest Expense	6.17	6.88	8.29	8.42	7.67	5.27	4.05	6.7	7.95	8.59	8.97	12.08	10.63	7.7	5.41
EBIT to Interest Expense	5.42	5.97	7.4	7.47	5.98	4.08	4.62	5.74	6.73	6.92	6.99	9.81	8.73	6.08	3.85
Interest Expense	69	55	51	52	59	96	107	125	130	106	104	126	187	274	403
Common Equity/Total Assets	35.24	28.58	27.21	24.04	15.83	16.98	18.01	17.78	17.41	19.93	20.9	22.86	20.02	22.01	28.9
Long-Term Debt/Equity (%)	98.06	111.83	138.57	167.27	314.16	277.84	258.29	254.23	254.36	197.15	177.21	136.02	177.16	160.4	138.15
Long-Term Debt/Capital (%)	49.25	51.87	57.85	59.8	75.85	73.53	72.09	71.77	70.9	66.35	62.71	57.63	60.96	54.17	57.65
Long-Term Debt/Total Assets (%)	34.55	31.96	37.7	40.21	49.73	47.18	46.51	45.21	44.29	39.3	37.04	31.09	35.46	35.3	39.93
Total Debt/Equity (%)	99.1	115.6	139.56	179.71	314.16	277.84	258.29	254.23	258.75	197.15	182.6	136.02	190.62	196.12	139.63
Total Debt/Capital (%)	49.77	53.62	58.26	64.25	75.85	73.53	72.09	71.77	72.13	66.35	64.61	57.63	65.59	66.23	58.27
Total Debt/Total Assets (%)	34.92	33.04	37.97	43.2	49.73	47.18	46.51	45.21	45.05	39.3	38.17	31.09	38.16	43.16	40.35
Net Debt to Equity	45.5	74.7	92.59	137.27	204.54	173.9	163.1	191.02	176.64	116.88	138.81	86.27	157.21	154.5	116.41
Net Debt/Capital (%)	31.27	42.76	48.08	57.85	65.37	60.64	59.47	63.3	58.66	49.6	54.87	43.81	58.61	58.72	52.86
EBITDA	424	377	426	443	453	508	594	866	1,033	909	936	1,525	1,986	2,111	2,183
EBITDA-CapEx	424	377	426	434	453	508	434	838	1,033	909	936	1,525	1,986	2,111	2,183
Operating Income (Loss)	373	328	381	385	354	394	494	718	875	732	730	1,238	1,632	1,667	1,553

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	0.73	0.33	0.42	0.34	0.53	0.52	0.51	0.3	0.32	0.37	0.19	0.24	0.15	0.24	0.28
Current Ratio	1.76	1.29	1.49	1.46	1.65	1.69	1.65	1.59	1.52	1.56	1.63	1.58	1.6	1.63	2.3
Quick Ratio	1.37	0.89	1.08	1	1.14	1.13	1.14	0.96	1.04	1.06	1	0.91	0.95	1.17	1.74
CFO/Avg Current Liab	0.46	0.21	0.12	0.19	0.21	0.27	0.3	0.35	0.34	0.38	0.18	0.61	0.14	0.07	-0.1
Common Equity/Total Assets	35.24	28.58	27.21	24.04	15.83	16.98	18.01	17.78	17.41	19.93	20.9	22.86	20.02	22.01	28.9
Long-Term Debt/Equity (%)	98.06	111.83	138.57	167.27	314.16	277.84	258.29	254.23	254.36	197.15	177.21	136.02	177.16	160.4	138.15
Long-Term Debt/Capital (%)	49.25	51.87	57.85	59.8	75.85	73.53	72.09	71.77	70.9	66.35	62.71	57.63	60.96	54.17	57.65
Long-Term Debt/Total Assets (%)	34.55	31.96	37.7	40.21	49.73	47.18	46.51	45.21	44.29	39.3	37.04	31.09	35.46	35.3	39.93
Total Debt/Equity (%)	99.1	115.6	139.56	179.71	314.16	277.84	258.29	254.23	258.75	197.15	182.6	136.02	190.62	196.12	139.63
Total Debt/Capital (%)	49.77	53.62	58.26	64.25	75.85	73.53	72.09	71.77	72.13	66.35	64.61	57.63	65.59	66.23	58.27
Total Debt/Total Assets (%)	34.92	33.04	37.97	43.2	49.73	47.18	46.51	45.21	45.05	39.3	38.17	31.09	38.16	43.16	40.35
CFO/Total Liabilities	17.9	8.93	5.44	7.56	7.34	9.69	10.32	12.91	12.85	14.96	7.17	26.6	6.17	2.67	-3.13
CFO/CapEx	- -	- -	- -	25.8	- -	- -	2.83	20.82	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	3.88	3.23	3.93	3.91	3.19	2.83	3.01	3.6	3.94	3.61	3.83	4.04	4.24	4.33	4.24

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	7.57	7.57	7.74	8.02	8.2	7.97	8.1	9.26	9.44	10.54	13.04	13.24	16	18.36	21.44
Days Sales Outstanding	48.21	48.23	47.18	45.51	44.53	45.82	45.04	39.4	38.65	34.62	27.98	27.57	22.81	19.88	17.02
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
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	3,198	2,942	4,707	4,290	3,773	3,134	5,018	5,001	7,460	8,262	12,777	17,141	16,911	24,560	28,973
- Cash & Cash Equivalents	721	466	517	412	725	748	811	511	590	809	495	848	466	967	1,037
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	1,333	1,318	1,535	1,746	2,248	2,281	2,493	2,476	2,649	2,592	3,050	2,948	3,963	5,748	7,463
Enterprise Value	3,804	3,786	5,718	5,614	5,289	4,659	6,688	6,957	9,493	10,036	15,313	19,205	20,332	29,299	35,322
Total Capital	2,677	2,458	2,635	2,718	2,964	3,102	3,458	3,450	3,673	3,907	4,721	5,116	6,042	8,678	12,807
Total Debt/Capital (%)	49.77	53.62	58.26	64.25	75.85	73.53	72.09	71.77	72.13	66.35	64.61	57.63	65.59	66.23	58.27
Total Debt / EV	0.35	0.35	0.27	0.31	0.43	0.49	0.37	0.36	0.28	0.26	0.2	0.15	0.19	0.2	0.21
EV/Sales	1.09	1.03	1.38	1.28	1.24	1.15	1.56	1.34	1.69	1.71	1.98	2.23	2.02	2.37	2.08
EV/EBITDA	8.97	10.04	13.42	12.67	11.67	9.17	11.26	8.04	9.19	11.04	16.35	12.59	10.24	13.88	16.18
EV/EBIT	10.82	12.4	16.68	16.21	15.48	11.83	14.18	9.69	10.89	13.71	21.7	15.51	12.46	17.57	22.75
EV/Cash Flow to Firm	7.86	13.17	29.75	21.32	16.8	10.33	12.78	10.32	13.15	11.54	28.73	9.41	31.26	60.29	- -
EV/Free Cash Flow to Firm	7.86	13.17	29.75	22.07	16.8	10.33	18.42	10.76	13.15	11.54	28.73	9.41	31.26	60.29	- -
Diluted Market Cap	3,322	3,074	4,897	4,489	4,079	3,159	5,149	5,326	7,868	8,390	13,057	17,582	17,637	24,813	28,611
Diluted Enterprise Value	3,929	3,918	5,908	5,813	5,595	4,684	6,819	7,282	9,901	10,164	15,593	19,646	21,058	29,551	34,960
EV per Share	35.25	35.62	56.12	57.79	59.07	52.18	74.5	81.76	118.32	126.28	191.43	242.34	272.34	392.42	441.19
TTM Sales	3,479	3,661	4,141	4,374	4,275	4,049	4,281	5,188	5,625	5,872	7,721	8,601	10,053	12,385	16,989
TTM EBITDA	424	377	426	443	453	508	594	866	1,033	909	936	1,525	1,986	2,111	2,183
TTM Operating Income	373	328	381	385	354	394	494	718	875	732	730	1,238	1,632	1,667	1,553
TTM Cash Flow to Firm	484	288	192	263	315	451	523	674	722	870	533	2,042	650	486	-109
TTM Free Cash Flow to Firm	484	288	192	254	315	451	363	646	722	870	533	2,042	650	486	-109

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	7.51	12.09	30.58	20.11	14.59	8.12	17.57	9.62	12.61	10.62	28.82	9.04	34.41	89.39	-69.54
EV/EBIT	10.82	12.4	16.68	16.21	15.48	11.83	14.18	9.69	10.89	13.71	21.7	15.51	12.46	17.57	22.75
Enterprise Value	3,804	3,786	5,718	5,614	5,289	4,659	6,688	6,957	9,493	10,036	15,313	19,205	20,332	29,299	35,322
Low Price	23.91	24.71	27.44	39.48	36.54	16.11	34.32	52	58.54	37.53	102.1	140.6	179.98	188.43	270.71
EV/Sales	1.09	1.03	1.38	1.28	1.24	1.15	1.56	1.34	1.69	1.71	1.98	2.23	2.02	2.37	2.08
EV/EBITDA	8.97	10.04	13.42	12.67	11.67	9.17	11.26	8.04	9.19	11.04	16.35	12.59	10.24	13.88	16.18
Price/Earnings	18.85	19.91	26.6	24.76	23.79	16.29	21.06	11.78	13.71	17.43	27.79	20.41	16.32	23.22	32.99
Price/Earnings Average	19.8	22.31	20.89	26.48	23.95	13.04	16.64	12.69	11.56	13.26	25.28	18.99	15.93	18.31	32.05
Price/Earnings High	22.98	27.02	26.62	30.78	26.9	19.8	21.38	14.5	13.77	17.46	30.6	25.48	18.39	23.54	36.23
Price/Earnings Low	15.21	17.78	15.8	22.14	20.63	7.47	12.93	10.43	8.63	6.29	17.76	13.27	12.97	13.3	24.68
Price/Book Value	2.38	2.58	4.28	4.42	5.27	3.82	5.2	5.13	7.29	6.28	7.65	7.91	8.13	8.38	5.42
Price/Book Value Average	2.5	2.89	3.36	4.72	5.31	3.06	4.11	5.53	6.14	4.78	6.96	7.36	7.94	6.61	5.27
Price/Book Value High	2.9	3.5	4.28	5.49	5.96	4.64	5.28	6.32	7.32	6.3	8.42	9.87	9.17	8.5	5.95
Price/Book Value Low	1.92	2.3	2.54	3.95	4.57	1.75	3.19	4.54	4.59	2.27	4.89	5.14	6.46	4.8	4.06
Price/Tangible Book Value	-6.07	-4	-6.48	-5.2	-3.62	-3.49	-5.72	-5	-8.11	-13.85	-29.93	175.97	-37.64	-33.86	-45.91
Price/Tangible Book Value Average	-6.37	-4.49	-5.09	-5.56	-3.64	-2.79	-4.52	-5.38	-6.84	-10.54	-27.23	163.76	-36.76	-26.71	-44.61
Price/Tangible Book Value High	-7.4	-5.43	-6.49	-6.46	-4.09	-4.24	-5.81	-6.15	-8.15	-13.88	-32.96	219.66	-42.42	-34.34	-50.43
Price/Tangible Book Value Low	-4.9	-3.57	-3.85	-4.65	-3.14	-1.6	-3.51	-4.42	-5.11	-5	-19.13	114.39	-29.91	-19.4	-34.35
Price/Sales	0.92	0.83	1.17	1.01	0.94	0.77	1.18	1	1.36	1.4	1.66	2.01	1.73	1.98	1.68
Price/Sales Average	0.97	0.93	0.92	1.08	0.95	0.62	0.93	1.07	1.15	1.07	1.51	1.87	1.69	1.57	1.63
Price/Sales High	1.13	1.12	1.17	1.25	1.06	0.94	1.19	1.23	1.37	1.41	1.82	2.51	1.95	2.01	1.84
Price/Sales Low	0.74	0.74	0.69	0.9	0.81	0.35	0.72	0.88	0.86	0.51	1.06	1.3	1.38	1.14	1.25
Price/Cash Flow	7.26	11.9	30.21	18.99	14.37	8.04	11.1	8.91	12.3	10.43	28.2	8.87	33.94	88.54	-69.21
Price/Cash Flow Average	7.63	13.33	23.72	20.3	14.47	6.43	8.77	9.59	10.37	7.94	25.66	8.26	33.14	69.84	-67.24
Price/Cash Flow High	8.85	16.15	30.23	23.6	16.25	9.77	11.26	10.96	12.36	10.45	31.06	11.07	38.25	89.79	-76.01
Price/Cash Flow Low	5.86	10.62	17.94	16.97	12.46	3.69	6.81	7.88	7.75	3.77	18.03	5.77	26.97	50.72	-51.77
Price/Free Cash Flow Average	7.89	13.55	24.02	21.5	14.7	6.5	13.88	10.36	10.63	8.08	26.22	8.41	33.6	70.51	-67.57
Price/Free Cash Flow High	9.16	16.41	30.61	25	16.5	9.87	17.84	11.84	12.67	10.64	31.73	11.28	38.78	90.65	-76.38
Price/Free Cash Flow Low	6.06	10.79	18.17	17.98	12.66	3.73	10.79	8.51	7.94	3.83	18.42	5.87	27.34	51.2	-52.02
EV/Sales Average	1.14	1.13	1.14	1.35	1.24	1	1.32	1.41	1.48	1.37	1.83	2.09	1.98	1.95	2.03
EV/Sales High	1.29	1.32	1.38	1.52	1.35	1.32	1.58	1.56	1.69	1.71	2.15	2.73	2.24	2.39	2.25
EV/Sales Low	0.92	0.95	0.92	1.18	1.12	0.73	1.11	1.23	1.2	0.81	1.39	1.54	1.68	1.52	1.65
EV/EBITDA Average	9.35	10.98	11.04	13.34	11.72	7.94	9.49	8.48	8.06	8.87	15.12	11.81	10.04	11.42	15.8
EV/EBITDA High	10.62	12.82	13.42	15.02	12.75	10.5	11.39	9.37	9.22	11.06	17.73	15.38	11.32	14.04	17.49
EV/EBITDA Low	7.51	9.2	8.93	11.64	10.56	5.83	8	7.37	6.52	5.23	11.43	8.66	8.49	8.91	12.84
EV/EBIT Average	11.28	13.56	13.73	17.07	15.55	10.24	11.95	10.23	9.55	11.01	20.06	14.55	12.22	14.46	22.22
EV/EBIT High	12.82	15.84	16.69	19.23	16.92	13.54	14.34	11.3	10.93	13.73	23.53	18.95	13.78	17.78	24.58
EV/EBIT Low	9.07	11.36	11.11	14.9	14.01	7.52	10.07	8.89	7.72	6.5	15.17	10.67	10.33	11.28	18.05
Last Price	29.63	27.68	46.2	44.16	42.14	35.1	55.9	58.77	92.98	103.96	159.74	216.3	226.52	328.96	361.88
High Price	36.12	37.56	46.23	54.89	47.65	42.66	56.73	72.32	93.37	104.15	175.91	270	255.29	333.61	397.44
Enterprise Value Average	3,966	4,141	4,707	5,911	5,314	4,034	5,634	7,341	8,324	8,061	14,160	18,015	19,934	24,112	34,498
Enterprise Value High	4,505	4,837	5,722	6,657	5,782	5,335	6,763	8,109	9,525	10,051	16,606	23,461	22,480	29,646	38,169
Enterprise Value Low	3,187	3,471	3,807	5,159	4,788	2,963	4,751	6,380	6,730	4,757	10,703	13,206	16,858	18,807	28,023

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	108	106	102	97	90	89	90	85	80	79	80	79	75	75	80
Diluted Weighted Avg Shares	112	111	106	102	97	90	92	91	85	81	82	81	78	75	79
Basic Weighted Avg Shares	108	109	105	100	95	89	90	88	83	79	80	80	77	75	79
Revenue per Share	32.11	33.5	39.55	43.8	44.87	45.46	47.57	58.88	68.14	74.1	96.51	107.78	130.88	165.77	215.93
EBITDA per Share	3.91	3.45	4.07	4.44	4.76	5.7	6.6	9.82	12.51	11.47	11.71	19.11	25.85	28.25	27.74
Operating Income per Share	3.44	3	3.64	3.85	3.71	4.42	5.49	8.14	10.6	9.24	9.13	15.51	21.24	22.31	19.74
Basic EPS, GAAP	1.57	1.39	1.74	1.78	1.77	2.15	2.65	4.99	6.78	5.96	5.75	10.6	13.88	14.17	10.97
Basic EPS from Cont Ops	1.57	1.39	1.74	1.78	1.77	2.15	2.65	4.99	6.78	5.96	5.75	10.6	13.88	14.17	10.97
Diluted EPS, GAAP	1.52	1.37	1.72	1.75	1.74	2.13	2.59	4.85	6.62	5.86	5.63	10.4	13.69	14.03	10.92
Diluted EPS from Cont Ops	1.52	1.37	1.72	1.75	1.74	2.13	2.59	4.85	6.62	5.86	5.63	10.4	13.69	14.03	10.92
Dividend per Share	- -	2.28	0.65	0.96	1.01	1	1	1	1	1	1	1	1.2	1.2	1.2
Cash Flow per Share	4.08	2.33	1.53	2.33	2.93	4.37	5.04	6.6	7.56	9.97	5.66	24.38	6.67	3.72	-5.23
Free Cash Flow per Basic Share	4.08	2.33	1.53	2.24	2.93	4.37	3.26	6.28	7.56	9.97	5.66	24.38	6.67	3.72	-5.23
Cash & Equivalents per Share	6.73	4.45	5.14	4.34	8.18	8.47	9.16	6.12	7.68	10.3	6.44	11.16	7.26	13.52	13.91
Book Value per Share	12.46	10.73	10.8	10	7.99	9.19	10.75	11.45	12.76	16.55	20.88	27.35	27.85	39.25	66.76
Tangible Book Value per Share	-4.88	-6.92	-7.12	-8.49	-11.64	-10.07	-9.77	-11.76	-11.46	-7.51	-5.34	1.23	-6.02	-9.71	-7.88