Air Products and Chemicals, Inc. Financial Ratios — AP3

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	09/30/2011	09/30/2012	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Return on Common Equity (%)	21.59	19.02	14.71	13.77	17.49	8.81	34.96	14.3	16.06	16.31	16.39	16.91	16.75	24.42	-2.46
Return on Assets (%)	8.81	7.47	5.72	5.57	7.28	3.57	16.44	7.96	9.23	8.55	8.07	8.35	7.77	10.7	-0.98
Return on Capital (%)	12.54	11.05	8.39	7.98	9.79	5.32	23.17	10.7	12.25	10.88	10.21	10.6	9.87	13.15	- -
Return on Invested Capital (%)	11.16	8.89	8.02	7.17	6.96	8.57	8.77	9.93	11.36	10.09	8.61	8.6	8.24	11.77	- -
Gross Margin (%)	26.62	26.63	26.6	26.91	28.45	31	29.75	30.69	33	33.85	30.39	26.46	29.9	32.49	31.41
EBITDA Margin (%)	24.21	22.09	21.92	21.99	26.73	31.85	28.16	32.88	36.18	38.65	34.9	28.96	30.58	48.9	5.71
Operating Margin (%)	15.97	15.8	15.06	15.78	17.7	21.49	21.81	22.01	24.33	25.27	21.97	19	21.74	24.36	24
Incremental Operating Margin (%)	19.99	42.1	2.46	44.43	10.05	- -	25.37	24.19	- -	- -	2.06	6.09	- -	- -	92.42
Pretax Margin (%)	15.99	13.66	13.26	13.08	16.18	20.72	17.3	22.56	25.67	27.37	24.29	21.69	22.88	39.84	-3.66
Profit Margin (%)	12.65	12.14	9.77	9.5	16.33	8.41	36.65	16.77	19.73	21.3	20.33	17.77	18.26	31.64	-3.28
Net Income to Common Margin (%)	12.65	12.14	9.77	9.5	16.33	8.41	36.65	16.77	19.73	21.3	20.33	17.77	18.26	31.64	-3.28
Effective Tax Rate (%)	24.26	21.89	22.8	27.05	23.71	27.83	18.42	26.02	20.97	19.74	18.46	18.18	19.12	19.6	- -
Dvd Payout Ratio (%)	37.78	48.98	52.33	62.93	67.37	62.58	67	58.84	53.48	55.46	60.99	61.09	63.16	40.02	-517.17
Sustainable Growth Rate (%)	13.43	9.7	7.01	5.1	5.71	3.3	11.54	5.89	7.47	7.26	6.39	6.58	6.17	14.65	-15.19

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	09/30/2011	09/30/2012	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Total Debt	4,562	5,292	6,274	6,119	5,879	5,211	3,963	3,813	3,326	8,314	8,219	8,327	11,032	15,006	18,406
ST Debt	634	708	1,217	1,294	1,930	1,301	560	461	99	548	566	649	969	795	843
LT Debt	3,928	4,584	5,056	4,825	3,949	3,910	3,402	3,352	3,227	7,766	7,654	7,678	10,062	14,211	17,563
Total Debt/EBITDA	1.95	2.49	2.81	2.66	2.81	2.18	1.72	1.3	1.03	2.43	2.28	2.26	2.86	2.54	26.78
Net Debt/EBITDA	1.77	2.28	2.61	2.52	2.71	1.64	0.3	0.35	0.33	0.78	0.88	1.34	2.26	1.9	23.05
Total Debt/EBIT	3.02	4.13	4.74	4.57	4.77	3.39	2.75	1.94	1.55	3.72	3.6	3.56	4.42	3.36	-20.99
Net Debt/EBIT	2.75	3.77	4.4	4.32	4.6	2.55	0.48	0.52	0.5	1.19	1.39	2.11	3.48	2.52	-18.06
EBITDA to Interest Expense	20.28	17.16	15.74	18.35	20.35	20.74	19.12	22.5	23.56	31.31	25.41	28.73	21.71	27.04	3.21
EBITDA-CapEx/Interest Expense	8.94	4.87	4.99	7.46	9.04	12.86	10.5	10.48	9.03	8.36	8.03	5.86	-4.36	-4.02	-29.6
EBIT to Interest Expense	13.38	12.28	10.81	13.17	13.47	14	14.81	15.06	15.84	20.47	15.99	18.85	15.43	13.47	13.5
Interest Expense	116	124	142	125	103	115	121	131	137	109	142	128	178	219	214
Common Equity/Total Assets	40.56	38.23	39.45	41.43	41.82	39.27	54.62	56.61	58.35	48	50.41	48.34	44.72	43.05	36.59
Long-Term Debt/Equity (%)	66.13	69.21	70.24	64.14	53.5	54.2	33.4	29.99	28.34	62.41	54.33	56.03	64.25	76.1	101.23
Long-Term Debt/Capital (%)	37.4	38.47	37.53	35.37	29.78	31.47	24.05	22.36	21.93	37.41	34.31	34.85	37.7	42.19	49.12
Long-Term Debt/Total Assets (%)	27.48	27.06	28.33	27.14	22.78	21.69	18.42	17.48	17.04	30.86	28.5	28.24	31.44	35.91	42.78
Total Debt/Equity (%)	76.81	79.9	87.15	81.35	79.65	72.24	38.91	34.11	29.21	66.82	58.34	60.77	70.44	80.36	106.09
Total Debt/Capital (%)	43.44	44.41	46.57	44.86	44.34	41.94	28.01	25.44	22.6	40.05	36.85	37.8	41.33	44.56	51.48
Total Debt/Total Assets (%)	31.92	31.24	35.15	34.41	33.92	28.9	21.46	19.88	17.56	33.03	30.6	30.62	34.47	37.92	44.83
Net Debt to Equity	69.71	73.04	80.89	76.87	76.85	54.31	6.77	9.14	9.46	21.34	22.49	36.01	55.48	60.24	91.31
Net Debt/Capital (%)	41.08	42.21	44.72	43.46	43.46	35.2	6.34	8.37	8.64	17.12	17.76	25.54	34.65	36.64	46.73
EBITDA	2,342	2,123	2,231	2,296	2,092	2,390	2,306	2,936	3,227	3,423	3,603	3,677	3,853	5,917	687
EBITDA-CapEx	1,033	602	707	933	929	1,482	1,266	1,368	1,238	914	1,139	751	-773	-879	-6,335
Operating Income (Loss)	1,545	1,519	1,533	1,648	1,385	1,613	1,786	1,966	2,170	2,238	2,268	2,413	2,739	2,948	2,889

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	09/30/2011	09/30/2012	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Cash Ratio	0.18	0.17	0.14	0.11	0.06	0.39	1.48	1.27	1.33	2.63	2.07	0.95	0.5	0.71	0.44
Current Ratio	1.36	1.27	1.07	1.11	0.77	1.32	2.36	2.17	2.54	3.59	2.99	1.81	1.33	1.52	1.38
Quick Ratio	0.88	0.88	0.75	0.76	0.54	0.84	2.1	1.86	2.1	3.22	2.66	1.54	1.06	1.23	1
CFO/Avg Current Liab	0.76	0.71	0.53	0.71	0.75	0.77	0.54	1.05	1.43	1.54	1.28	1.03	0.87	0.9	0.78
Common Equity/Total Assets	40.56	38.23	39.45	41.43	41.82	39.27	54.62	56.61	58.35	48	50.41	48.34	44.72	43.05	36.59
Long-Term Debt/Equity (%)	66.13	69.21	70.24	64.14	53.5	54.2	33.4	29.99	28.34	62.41	54.33	56.03	64.25	76.1	101.23
Long-Term Debt/Capital (%)	37.4	38.47	37.53	35.37	29.78	31.47	24.05	22.36	21.93	37.41	34.31	34.85	37.7	42.19	49.12
Long-Term Debt/Total Assets (%)	27.48	27.06	28.33	27.14	22.78	21.69	18.42	17.48	17.04	30.86	28.5	28.24	31.44	35.91	42.78
Total Debt/Equity (%)	76.81	79.9	87.15	81.35	79.65	72.24	38.91	34.11	29.21	66.82	58.34	60.77	70.44	80.36	106.09
Total Debt/Capital (%)	43.44	44.41	46.57	44.86	44.34	41.94	28.01	25.44	22.6	40.05	36.85	37.8	41.33	44.56	51.48
Total Debt/Total Assets (%)	31.92	31.24	35.15	34.41	33.92	28.9	21.46	19.88	17.56	33.03	30.6	30.62	34.47	37.92	44.83
CFO/Total Liabilities	20.99	17.43	14.72	21.32	24.81	24.6	18.86	31.67	39.31	25.65	26.17	23.94	19.62	17.45	13.74
CFO/CapEx	1.34	1.18	1.03	1.6	2.12	2.93	1.5	1.62	1.49	1.3	1.36	1.1	0.69	0.54	0.46
Altman's Z-Score	3.19	2.88	3.03	3.41	3.17	3.35	4.47	4.83	6.03	5	4.53	4.09	3.87	3.27	2.73

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	09/30/2011	09/30/2012	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Accounts Receivable Turnover	6.8	6.61	6.59	6.89	5.41	5.88	7.06	7.5	7.23	6.99	7.57	7.82	7.21	6.87	6.47
Days Sales Outstanding	53.64	55.18	55.38	52.98	67.46	62.08	51.72	48.66	50.49	52.24	48.19	46.65	50.62	53.12	56.44
Inventory Turnover	11.43	9.68	10.01	10.81	8.21	11.34	19.48	16.92	15.24	14.77	16.74	19.29	15.15	11.52	10.7
Days Inventory Outstanding	31.93	37.7	36.46	33.78	44.46	32.18	18.73	21.57	23.96	24.71	21.81	18.92	24.09	31.68	34.1
Accounts Payable Turnover	5.77	7.97	7.28	8.64	8.15	7.95	9.42	9.97	10.63	10.94	11.28	10.12	7.69	6.22	5.72
Accounts Payable Turnover Days	63.28	45.79	50.13	42.24	44.8	45.9	38.75	36.62	34.34	33.38	32.36	36.07	47.48	58.71	63.77
Cash Conversion Cycle	22.29	47.1	41.7	44.51	67.12	48.36	31.7	33.61	40.11	43.57	37.64	29.5	27.23	26.09	26.77
Inventory to Cash Days	21.72	17.48	18.92	19.2	23	29.9	32.98	27.09	26.53	27.53	26.39	27.73	26.53	21.44	22.34
Inventories	670	787	706	706	658	255	335	396	388	405	454	514	652	766	777
Raw Materials	259	220	235	283	229	117	223	250	232	249	279	330	412	514	542
Work In Process	30	37	39	34	34	18	16	21	28	21	24	22	28	42	42
Finished Goods	477	618	527	494	495	131	120	125	129	135	151	162	212	210	192
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	09/30/2011	09/30/2012	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Market Capitalization	15,097	15,932	20,448	25,753	24,929	29,608	33,060	36,503	48,052	66,354	57,656	51,128	63,617	66,843	60,036
- Cash & Cash Equivalents	421	454	450	337	206	1,293	3,274	2,791	2,249	5,253	4,469	2,711	1,617	2,980	1,856
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	143	146	157	156	132	134	99	319	335	363	548	558	1,347	1,637	2,325
+ Total Debt	4,562	5,292	6,274	6,119	5,879	5,211	3,963	3,813	3,326	8,314	8,219	8,327	11,032	15,006	18,406
Enterprise Value	19,380	20,916	26,428	31,690	30,734	33,660	33,444	37,659	49,298	68,674	60,623	56,712	74,046	80,502	78,911
Total Capital	10,500	11,915	13,473	13,640	13,260	12,424	14,148	14,989	14,714	20,757	22,307	22,029	26,692	33,680	35,756
Total Debt/Capital (%)	43.44	44.41	46.57	44.86	44.34	41.94	28.01	25.44	22.6	40.05	36.85	37.8	41.33	44.56	51.48
Total Debt / EV	0.24	0.25	0.24	0.19	0.19	0.15	0.12	0.1	0.07	0.12	0.14	0.15	0.15	0.19	0.23
EV/Sales	2	2.18	2.6	3.04	3.93	4.49	4.08	4.22	5.53	7.75	5.87	4.47	5.88	6.65	6.56
EV/EBITDA	8.27	9.85	11.84	13.8	14.69	14.09	14.5	12.83	15.28	20.06	16.83	15.42	19.22	13.6	114.83
EV/EBIT	12.85	16.31	19.95	23.67	24.92	21.93	23.23	19.16	22.99	30.69	26.57	24.25	29.68	18.03	- -
EV/Cash Flow to Firm	10.53	11.04	15.76	13.91	12.06	12.27	20.14	14.31	16.02	20.48	17.53	17.01	22.1	21.06	- -
EV/Free Cash Flow to Firm	36.47	55.88	173.1	34.61	22.18	18.33	53.87	35.44	45.29	81.42	61.03	138.85	- -	- -	- -
Diluted Market Cap	15,630	16,099	20,556	25,953	25,154	29,737	33,280	36,717	48,310	66,740	57,944	51,281	63,760	66,972	60,066
Diluted Enterprise Value	19,913	21,083	26,536	31,890	30,959	33,789	33,664	37,873	49,556	69,059	60,910	56,864	74,190	80,630	78,941
EV per Share	92.2	98.44	125.14	148.4	142.71	154.86	153.17	171.55	223.66	310.72	273.82	255.64	333.24	362.01	354.52
TTM Sales	9,674	9,612	10,180	10,439	7,824	7,504	8,188	8,930	8,919	8,856	10,323	12,699	12,600	12,101	12,037
TTM EBITDA	2,342	2,123	2,231	2,296	2,092	2,390	2,306	2,936	3,227	3,423	3,603	3,677	3,853	5,917	687
TTM Operating Income	1,545	1,519	1,533	1,648	1,385	1,613	1,786	1,966	2,170	2,238	2,268	2,413	2,739	2,948	2,889
TTM Cash Flow to Firm	1,841	1,895	1,677	2,278	2,548	2,744	1,661	2,631	3,078	3,352	3,458	3,335	3,350	3,823	- -
TTM Free Cash Flow to Firm	531	374	153	916	1,386	1,836	621	1,063	1,088	843	993	408	-1,277	-2,974	- -

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	09/30/2011	09/30/2012	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Price/Free Cash Flow	35.21	57.97	475.84	31.48	19.24	16.96	63.69	38.01	49.29	88.31	66.02	168.85	-44.9	-21.26	-15.95
EV/EBIT	12.85	16.31	19.95	23.67	24.92	21.93	23.23	19.16	22.99	30.69	26.57	24.25	29.68	18.03	- -
Enterprise Value	19,380	20,916	26,428	31,690	30,734	33,660	33,444	37,659	49,298	68,674	60,623	56,712	74,046	80,502	78,911
Low Price	68.33	67.21	69.96	93.46	108.38	104.93	129.44	150.52	148.62	181.31	252.33	216.17	229.93	214.53	241.73
EV/Sales	2	2.18	2.6	3.04	3.93	4.49	4.08	4.22	5.53	7.75	5.87	4.47	5.88	6.65	6.56
EV/EBITDA	8.27	9.85	11.84	13.8	14.69	14.09	14.5	12.83	15.28	20.06	16.83	15.42	19.22	13.6	114.83
Price/Earnings	12.5	13.57	20.42	25.87	19.47	46.71	11	24.35	27.29	35.2	27.49	22.68	27.67	17.47	- -
Price/Earnings Average	13.91	13.88	17.39	23.33	21.81	43.62	10.31	23.76	23.87	28.45	29.66	25.6	27.84	15.23	- -
Price/Earnings High	15.46	15.21	21.44	26.6	24.22	49.36	11.02	25.67	28.97	36.41	33.44	30.85	31.58	17.47	- -
Price/Earnings Low	11.89	12.16	14.76	20.05	18.23	35.98	9.4	22.04	18.6	21.26	26.64	21.27	22.22	12.47	- -
Price/Book Value	2.6	2.46	2.9	3.5	3.44	4.18	3.28	3.36	4.35	5.49	4.26	3.89	4.44	3.92	4
Price/Book Value Average	2.9	2.52	2.47	3.15	3.85	3.91	3.07	3.28	3.8	4.44	4.59	4.39	4.47	3.42	4.39
Price/Book Value High	3.22	2.76	3.05	3.6	4.28	4.42	3.28	3.55	4.61	5.68	5.18	5.29	5.07	3.92	5.06
Price/Book Value Low	2.48	2.2	2.1	2.71	3.22	3.22	2.8	3.04	2.96	3.32	4.13	3.65	3.57	2.8	3.58
Price/Tangible Book Value	3.19	3.87	4.38	4.67	4.44	5.06	3.67	3.79	4.88	6.17	4.72	4.27	4.85	4.23	4.36
Price/Tangible Book Value Average	3.55	3.96	3.73	4.21	4.98	4.73	3.45	3.7	4.27	4.99	5.1	4.82	4.88	3.68	4.79
Price/Tangible Book Value High	3.94	4.34	4.59	4.8	5.53	5.35	3.68	4	5.19	6.38	5.74	5.81	5.54	4.23	5.52
Price/Tangible Book Value Low	3.03	3.47	3.16	3.62	4.16	3.9	3.14	3.43	3.33	3.73	4.58	4.01	3.9	3.02	3.91
Price/Sales	1.58	1.65	1.99	2.46	3.18	3.93	4.03	4.08	5.38	7.5	5.59	4.03	5.05	5.53	4.99
Price/Sales Average	1.76	1.69	1.7	2.22	3.56	3.67	3.78	3.99	4.71	6.06	6.03	4.55	5.08	4.82	5.48
Price/Sales High	1.96	1.85	2.09	2.53	3.96	4.15	4.04	4.31	5.72	7.76	6.8	5.48	5.76	5.53	6.31
Price/Sales Low	1.5	1.48	1.44	1.9	2.98	3.03	3.45	3.7	3.67	4.53	5.42	3.78	4.06	3.94	4.47
Price/Cash Flow	8.73	8.8	12.95	11.73	10.07	11.08	21.13	14.39	16.17	20.34	17.27	15.84	19.85	18.34	18.44
Price/Cash Flow Average	9.72	9.01	11.03	10.58	11.28	10.35	19.81	14.04	14.15	16.44	18.63	17.88	19.97	15.99	20.27
Price/Cash Flow High	10.79	9.87	13.6	12.06	12.53	11.71	21.17	15.17	17.17	21.04	21	21.55	22.65	18.34	23.34
Price/Cash Flow Low	8.3	7.89	9.36	9.09	9.43	8.53	18.06	13.02	11.02	12.28	16.73	14.86	15.94	13.09	16.53
Price/Free Cash Flow Average	39.2	59.32	405.13	28.4	21.56	15.84	59.72	37.1	43.11	71.37	71.22	190.63	-45.17	-18.54	-17.53
Price/Free Cash Flow High	43.54	65.01	499.42	32.38	23.94	17.93	63.83	40.08	52.32	91.36	80.3	229.72	-51.24	-21.26	-20.18
Price/Free Cash Flow Low	33.5	51.96	343.82	24.4	18.01	13.07	54.45	34.4	33.6	53.34	63.97	158.37	-36.06	-15.17	-14.3
EV/Sales Average	2.18	2.21	2.3	2.79	4.31	4.22	3.83	4.12	4.85	6.32	6.31	4.99	5.91	5.95	7.05
EV/Sales High	2.37	2.38	2.7	3.11	4.71	4.71	4.09	4.44	5.86	8.01	7.08	5.92	6.59	6.65	7.88
EV/Sales Low	1.93	2	2.04	2.48	3.72	3.58	3.5	3.83	3.81	4.79	5.7	4.22	4.88	5.07	6.04
EV/EBITDA Average	9	10.03	10.48	12.7	16.13	13.27	13.61	12.53	13.41	16.35	18.09	17.22	19.32	12.16	123.47
EV/EBITDA High	9.8	10.76	12.3	14.12	17.61	14.79	14.54	13.5	16.19	20.73	20.29	20.44	21.55	13.6	138
EV/EBITDA Low	7.96	9.07	9.3	11.28	13.93	11.24	12.42	11.65	10.54	12.39	16.33	14.56	15.97	10.37	105.76
EV/EBIT Average	13.99	16.6	17.66	21.78	27.35	20.65	21.79	18.71	20.18	25	28.56	27.07	29.84	16.11	- -
EV/EBIT High	15.22	17.82	20.72	24.21	29.86	23.02	23.27	20.17	24.37	31.71	32.04	32.13	33.28	18.03	- -
EV/EBIT Low	12.36	15.02	15.67	19.34	23.63	17.5	19.89	17.4	15.86	18.95	25.79	22.89	24.66	13.74	- -
Last Price	71.83	74.98	96.83	120.6	115.76	136.22	151.41	166.29	218.01	300.22	260.42	230.48	286.3	300.59	269.72
High Price	88.83	84.08	101.63	124.03	144.04	143.96	151.74	175.35	231.42	310.57	316.75	313.56	326.74	300.59	341.26
Enterprise Value Average	21,092	21,285	23,389	29,166	33,734	31,700	31,381	36,785	43,281	55,946	65,165	63,307	74,433	71,939	84,851
Enterprise Value High	22,953	22,849	27,441	32,422	36,825	35,341	33,516	39,648	52,255	70,962	73,094	75,143	83,032	80,502	94,835
Enterprise Value Low	18,645	19,264	20,755	25,895	29,145	26,858	28,647	34,196	34,005	42,393	58,833	53,539	61,521	61,365	72,681

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	09/30/2011	09/30/2012	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Shares Outstanding	210	212	211	214	215	217	218	220	220	221	221	222	222	222	223
Diluted Weighted Avg Shares	218	215	212	215	217	218	220	221	222	222	223	223	223	223	223
Basic Weighted Avg Shares	213	211	210	213	215	216	218	219	220	221	222	222	222	223	223
Revenue per Share	45.42	45.51	48.55	49.08	36.41	34.68	37.56	40.72	40.49	40.04	46.58	57.2	56.68	54.38	54.05
EBITDA per Share	11	10.05	10.64	10.79	9.73	11.04	10.58	13.39	14.65	15.47	16.26	16.56	17.33	26.59	3.09
Operating Income per Share	7.25	7.19	7.31	7.75	6.44	7.45	8.19	8.96	9.85	10.12	10.23	10.87	12.32	13.25	12.97
Basic EPS, GAAP	5.75	5.53	4.74	4.66	5.95	2.92	13.76	6.83	7.99	8.53	9.47	10.16	10.35	17.21	-1.77
Basic EPS from Cont Ops	5.5	4.85	4.97	4.68	4.49	5.18	5.3	6.8	8.21	8.79	9.23	10.15	10.49	17.42	-1.56
Diluted EPS, GAAP	5.63	5.44	4.68	4.61	5.88	2.89	13.65	6.78	7.94	8.49	9.43	10.14	10.33	17.18	-1.77
Diluted EPS from Cont Ops	5.38	4.78	4.91	4.63	4.45	5.14	5.26	6.75	8.17	8.75	9.19	10.13	10.47	17.4	-1.56
Dividend per Share	2.14	2.44	2.7	2.95	3.15	3.33	3.61	4.09	4.51	4.99	5.67	6.23	6.73	7.03	7.11
Cash Flow per Share	8.23	8.52	7.47	10.28	11.49	12.3	7.17	11.56	13.48	14.76	15.08	14.55	14.42	16.39	14.62
Free Cash Flow per Basic Share	2.08	1.31	0.21	3.88	6.08	8.1	2.4	4.4	4.45	3.42	3.96	1.37	-6.39	-14.16	-16.91
Cash & Equivalents per Share	2	2.14	2.13	1.58	0.96	5.95	16.84	13.56	10.96	28.77	26.2	14.88	8.77	13.42	8.34
Book Value per Share	27.57	30.48	33.35	34.49	33.66	32.57	46.19	49.46	50.15	54.66	61.16	59.25	64.41	76.61	67.5
Tangible Book Value per Share	22.55	19.38	22.12	25.82	26.05	26.9	41.2	43.87	44.63	48.65	55.14	53.97	59.03	71.14	61.85