Digital Realty Trust, Inc. Financial Ratios — FQI 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 (%)	7.67	7.08	9.35	4.62	7.19	9.39	2.72	2.82	5.92	2.22	9.77	1.97	5.15	2.88	5.92
Return on Assets (%)	2.73	2.82	3.41	2.09	2.83	3.61	1.48	1.47	2.48	1.21	4.72	0.97	2.22	1.35	2.76
Return on Capital (%)	- -	5.41	6.07	4.46	5.17	6.13	3.2	3.07	4.16	2.37	5.85	1.83	3.48	2.54	4.04
Return on Invested Capital (%)	- -	5.44	4.64	2.93	4.14	4.54	2.85	2.62	2.67	1.84	2	1.53	1.25	1.07	1.5
Gross Margin (%)	64.19	64.64	63.1	63.21	63.56	64.4	63.6	63.96	62.83	61.21	59.84	57	52.56	54.65	55.39
EBITDA Margin (%)	51.88	53.33	52.58	44.23	49.15	47.43	42.57	57.01	54.78	49.29	49.25	46.21	40.52	40.39	41.77
Operating Margin (%)	29.17	29.41	25.95	23.41	21.27	24.17	22.63	19.53	19.55	17.18	17.16	14.1	13.28	13.63	15.09
Incremental Operating Margin (%)	30.52	30.59	4.19	- -	- -	37.68	12.21	6.59	19.89	6.22	16.99	- -	8.38	37.74	29.62
Pretax Margin (%)	15.25	17.1	21.71	12.91	17.47	20.64	10.75	11.27	19.05	10.27	41.11	8.78	18.73	11.58	22.01
Profit Margin (%)	14.7	16.44	21.22	12.38	16.83	19.89	10.1	10.87	18.07	9.13	38.6	8.05	17.32	10.85	21.41
Net Income to Common Margin (%)	12.31	13.42	18.32	8.21	12.32	15.98	7.3	8.2	15.73	7.17	37.57	7.18	16.58	10.11	20.74
Effective Tax Rate (%)	- -	1.21	0.4	2.51	2.09	2.35	2.99	0.61	1.96	9.49	4	7.66	7.37	8.52	2.38
Dvd Payout Ratio (%)	183.24	182.66	141.43	317.35	206.38	147.46	330.69	315	169.54	397.5	76.64	411.96	162.44	298.54	132.16
Sustainable Growth Rate (%)	-6.38	-5.85	-3.87	-10.04	-7.65	-4.46	-6.28	-6.07	-4.12	-6.6	2.28	-6.16	-3.22	-5.72	-1.91

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	2,940	4,279	4,962	4,673	5,899	5,839	8,649	11,101	10,994	14,773	14,960	18,068	18,968	18,009	19,655
ST Debt	275	724	725	526	960	199	551	1,648	234	532	398	2,150	1,812	1,611	899
LT Debt	2,665	3,555	4,237	4,147	4,939	5,639	8,098	9,454	10,760	14,242	14,562	15,917	17,156	16,397	18,756
Total Debt/EBITDA	5.33	6.27	6.37	6.54	6.81	5.75	8.27	6.39	6.25	7.68	6.86	8.33	8.55	8.03	7.7
Net Debt/EBITDA	5.26	6.19	6.29	6.49	6.74	5.74	8.27	6.32	5.71	6.86	6.1	7.59	7.12	5.72	5.86
Total Debt/EBIT	9.66	11.69	13	18.07	14.68	11.74	19.16	20.19	18.5	26.5	21.56	30.63	36.17	38.16	29.85
Net Debt/EBIT	9.53	11.53	12.85	17.93	14.54	11.72	19.16	19.96	16.88	23.67	19.17	27.89	30.13	27.22	22.7
EBITDA to Interest Expense	3.69	4.34	4.12	3.74	4.25	4.22	4.05	5.4	4.98	5.78	7.42	7.25	5.07	4.95	5.83
EBITDA-CapEx/Interest Expense	-1.96	4.34	4.12	3.74	4.25	4.22	4.05	5.4	4.98	5.78	7.42	7.25	5.07	4.95	5.83
EBIT to Interest Expense	2.08	2.39	2.03	1.98	1.84	2.15	2.15	1.85	1.78	2.01	2.59	2.21	1.66	1.67	2.11
Interest Expense	149	157	189	191	204	241	259	322	353	333	294	299	438	453	438
Common Equity/Total Assets	32.03	32.83	30.29	29.71	28.12	33.49	42.51	36.22	36.61	46.48	47.49	40.62	41.68	45.51	44.92
Long-Term Debt/Equity (%)	103.28	101.61	116.2	105.95	108.87	109.88	72.93	86.94	101.04	77.03	78.61	81.12	81.71	70.75	75.49
Long-Term Debt/Capital (%)	48.28	45.71	49.22	48.29	47.33	51.4	41	43.02	49.71	42.82	43.49	42.23	42.93	39.81	42.15
Long-Term Debt/Total Assets (%)	43.7	40.31	44.01	43.53	43.26	46.25	37.83	39.78	46.64	39.48	40.04	38.37	38.89	36.21	37.96
Total Debt/Equity (%)	113.94	122.3	136.07	119.39	130.03	113.76	77.89	102.09	103.23	79.91	80.76	92.08	90.34	77.7	79.11
Total Debt/Capital (%)	53.26	55.02	57.64	54.42	56.53	53.22	43.79	50.52	50.8	44.42	44.68	47.94	47.46	43.73	44.17
Total Debt/Total Assets (%)	48.21	48.51	51.54	49.05	51.67	47.89	40.41	46.71	47.66	40.95	41.13	43.55	43	39.77	39.78
Net Debt to Equity	112.37	120.69	134.51	118.5	128.78	113.56	77.89	100.93	94.21	71.38	71.83	83.86	75.25	55.42	60.17
Net Debt/Capital (%)	52.91	54.69	57.36	54.23	56.29	53.17	43.79	50.23	46.55	39.8	39.91	43.82	41.21	34.42	36.42
EBITDA	551	682	779	715	867	1,016	1,046	1,737	1,758	1,924	2,181	2,168	2,219	2,244	2,553
EBITDA-CapEx	-292	682	779	715	867	1,016	1,046	1,737	1,758	1,924	2,181	2,168	2,219	2,244	2,553
Operating Income (Loss)	310	376	385	378	375	518	556	595	627	671	760	662	728	757	922

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	0.05	0.03	0.04	0.03	0.03	0.01	- -	0.04	0.06	0.04	0.05	0.03	0.34	0.84	0.74
Current Ratio	0.24	0.17	0.14	0.23	0.24	0.21	0.22	0.13	0.41	0.27	0.31	0.23	0.7	1.11	1.1
Quick Ratio	0.17	0.14	0.11	0.13	0.13	0.16	0.14	0.13	0.26	0.27	0.31	0.23	0.6	1.11	1.03
CFO/Avg Current Liab	0.76	0.46	0.41	0.44	0.5	0.57	0.62	0.53	0.64	0.82	0.65	0.45	0.34	0.48	0.52
Common Equity/Total Assets	32.03	32.83	30.29	29.71	28.12	33.49	42.51	36.22	36.61	46.48	47.49	40.62	41.68	45.51	44.92
Long-Term Debt/Equity (%)	103.28	101.61	116.2	105.95	108.87	109.88	72.93	86.94	101.04	77.03	78.61	81.12	81.71	70.75	75.49
Long-Term Debt/Capital (%)	48.28	45.71	49.22	48.29	47.33	51.4	41	43.02	49.71	42.82	43.49	42.23	42.93	39.81	42.15
Long-Term Debt/Total Assets (%)	43.7	40.31	44.01	43.53	43.26	46.25	37.83	39.78	46.64	39.48	40.04	38.37	38.89	36.21	37.96
Total Debt/Equity (%)	113.94	122.3	136.07	119.39	130.03	113.76	77.89	102.09	103.23	79.91	80.76	92.08	90.34	77.7	79.11
Total Debt/Capital (%)	53.26	55.02	57.64	54.42	56.53	53.22	43.79	50.52	50.8	44.42	44.68	47.94	47.46	43.73	44.17
Total Debt/Total Assets (%)	48.21	48.51	51.54	49.05	51.67	47.89	40.41	46.71	47.66	40.95	41.13	43.55	43	39.77	39.78
CFO/Total Liabilities	11.4	10.2	10.98	11.69	11.58	12.91	9.93	10.75	12.19	9.7	9.54	7.59	7.07	10.23	9.82
CFO/CapEx	0.48	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	1.34	0.94	0.63	0.97	0.92	1.37	1.33	0.89	1.2	1.25	1.66	0.67	- -	- -	- -

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	12.95	9.88	10.2	12.52	11.26	11.24	10.24	10.58	10.61	9.76	8.57	7.28	6.44	5.98	6.21
Days Sales Outstanding	28.19	36.94	35.77	29.15	32.43	32.49	35.66	34.5	34.41	37.39	42.61	50.13	56.67	61.04	58.74
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	7,109	8,381	6,330	9,046	11,212	15,610	23,362	21,753	24,880	38,789	49,814	29,339	42,171	59,232	53,041
- Cash & Cash Equivalents	41	56	57	35	57	11	- -	127	90	109	143	142	1,625	3,871	3,452
+ Preferred Equity and Hybrid Capital	570	573	695	1,048	1,290	1,013	1,250	1,250	1,434	951	732	732	732	732	732
+ Minority/Non Controlling Interest	57	30	36	36	36	36	754	1,015	770	771	519	2,039	1,879	1,835	1,920
+ Total Debt	2,940	4,279	4,962	4,673	5,899	5,839	8,649	11,101	10,994	14,773	14,960	18,068	18,968	18,009	19,655
Enterprise Value	10,636	13,206	11,966	14,768	18,381	22,488	34,014	34,993	37,989	55,176	65,882	50,036	62,124	75,937	71,897
Total Capital	5,521	7,777	8,608	8,587	10,436	10,971	19,752	21,976	21,644	33,262	33,484	37,690	39,964	41,184	44,501
Total Debt/Capital (%)	53.26	55.02	57.64	54.42	56.53	53.22	43.79	50.52	50.8	44.42	44.68	47.94	47.46	43.73	44.17
Total Debt / EV	0.28	0.32	0.41	0.32	0.32	0.26	0.25	0.32	0.29	0.27	0.23	0.36	0.31	0.24	0.27
EV/Sales	10.01	10.32	8.07	9.14	10.42	10.5	13.84	11.49	11.84	14.13	14.88	10.66	11.34	13.67	11.76
EV/EBITDA	19.29	19.36	15.35	20.66	21.21	22.13	32.51	20.15	21.61	28.68	30.21	23.08	27.99	33.85	28.16
EV/EBIT	34.95	36.07	31.34	57.09	45.73	45.22	75.37	63.65	63.93	98.97	94.93	84.81	118.45	160.93	109.18
EV/Cash Flow to Firm	- -	18.92	14.16	17.54	18.45	19.61	26.69	20.52	20.42	27.48	33.2	25.85	30.45	28.38	25.32
EV/Free Cash Flow to Firm	- -	18.92	14.16	17.54	18.45	19.61	26.69	20.52	20.42	27.48	33.2	25.85	30.45	28.38	25.32
Diluted Market Cap	26,595	31,077	25,254	35,653	42,546	59,167	79,543	87,117	99,787	145,322	198,419	120,086	167,309	233,346	214,791
Diluted Enterprise Value	30,122	35,902	30,890	41,375	49,714	66,044	90,195	100,356	112,896	161,709	214,488	140,783	187,262	250,051	233,647
EV per Share	100.31	105.53	93.15	108.89	125.57	141.42	165.54	169.52	181.85	196.85	231.64	171.86	199.37	225.58	209.27
TTM Sales	1,063	1,279	1,482	1,616	1,763	2,142	2,458	3,046	3,209	3,904	4,428	4,692	5,477	5,555	6,113
TTM EBITDA	551	682	779	715	867	1,016	1,046	1,737	1,758	1,924	2,181	2,168	2,219	2,244	2,553
TTM Operating Income	310	376	385	378	375	518	556	595	627	671	760	662	728	757	922
TTM Cash Flow to Firm	- -	698	845	842	996	1,147	1,274	1,705	1,860	2,008	1,984	1,936	2,040	2,676	2,840
TTM Free Cash Flow to Firm	- -	698	845	842	996	1,147	1,274	1,705	1,860	2,008	1,984	1,936	2,040	2,676	2,840

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	-60.08	57.24	38.47	54.36	53.39	64.93	77.73	62.89	65.92	85.16	116.56	72.37	102.34	103.18	89.05
EV/EBIT	34.95	36.07	31.34	57.09	45.73	45.22	75.37	63.65	63.93	98.97	94.93	84.81	118.45	160.93	109.18
Enterprise Value	10,636	13,206	11,966	14,768	18,381	22,488	34,014	34,993	37,989	55,176	65,882	50,036	62,124	75,937	71,897
Low Price	50.29	59.39	43.91	48.79	60.29	70.18	96.84	96.71	100.32	106.99	123.51	87.6	86.05	129.79	131.01
EV/Sales	10.01	10.32	8.07	9.14	10.42	10.5	13.84	11.49	11.84	14.13	14.88	10.66	11.34	13.67	11.76
EV/EBITDA	19.29	19.36	15.35	20.66	21.21	22.13	32.51	20.15	21.61	28.68	30.21	23.08	27.99	33.85	28.16
Price/Earnings	201.66	180.58	92.85	268.1	194.95	171.96	441.12	347.49	196.62	514.47	118.96	342.52	178	405.09	165.51
Price/Earnings Average	175.71	188.74	112.11	238.6	171.73	161.77	438.37	364.15	196.02	520.52	102.91	430.22	149.87	353.45	177.47
Price/Earnings High	201.66	216.23	139.7	282.82	196.08	200.05	491.87	412.51	224.88	610.34	119.25	605.89	182.99	456.71	201.49
Price/Earnings Low	151.25	160.13	82.74	196.12	153.46	122.93	375.69	318.9	165.62	397.76	83.89	297.74	113.18	298.82	140.45
Price/Book Value	3.64	2.89	2.17	3.2	3.49	3.82	2.57	2.53	2.95	2.31	2.88	1.74	2.29	2.87	2.39
Price/Book Value Average	3.17	3.03	2.62	2.84	3.08	3.6	2.55	2.65	2.94	2.34	2.49	2.19	1.93	2.51	2.56
Price/Book Value High	3.64	3.47	3.27	3.37	3.51	4.45	2.86	3	3.37	2.74	2.89	3.08	2.36	3.24	2.91
Price/Book Value Low	2.73	2.57	1.93	2.34	2.75	2.73	2.19	2.32	2.48	1.79	2.03	1.51	1.46	2.12	2.03
Price/Tangible Book Value	4.48	3.59	2.67	3.87	7.71	8.74	9.25	21.82	8.85	7.3	7.55	6.45	6.35	6.23	5.13
Price/Tangible Book Value Average	3.9	3.75	3.22	3.45	6.79	8.22	9.19	22.87	8.82	7.39	6.53	8.1	5.34	5.44	5.5
Price/Tangible Book Value High	4.48	4.3	4.01	4.09	7.75	10.17	10.31	25.9	10.12	8.66	7.57	11.4	6.52	7.03	6.24
Price/Tangible Book Value Low	3.36	3.18	2.38	2.83	6.07	6.25	7.87	20.03	7.45	5.64	5.32	5.6	4.03	4.6	4.35
Price/Sales	24.83	24.24	17.01	22.01	24.02	27.49	32.21	28.51	30.93	36.88	44.69	24.6	29.51	40.97	34.33
Price/Sales Average	21.64	25.33	20.54	19.59	21.16	25.86	32.01	29.87	30.83	37.32	38.66	30.9	24.85	35.74	36.81
Price/Sales High	24.83	29.02	25.6	23.22	24.16	31.98	35.91	33.84	35.37	43.76	44.8	43.51	30.34	46.19	41.79
Price/Sales Low	18.63	21.49	15.16	16.1	18.91	19.65	27.43	26.16	26.05	28.52	31.52	21.38	18.77	30.22	29.13
Price/Cash Flow	65.82	57.09	38.42	54.25	53.16	64.62	77.36	62.69	65.56	84.37	116.26	69.55	98.88	100.63	87
Price/Cash Flow Average	57.35	59.67	46.38	48.28	46.82	60.79	76.88	65.7	65.36	85.36	100.56	87.36	83.25	87.8	93.28
Price/Cash Flow High	65.82	68.36	57.8	57.23	53.46	75.17	86.26	74.42	74.98	100.09	116.53	123.03	101.65	113.45	105.9
Price/Cash Flow Low	49.37	50.63	34.23	39.68	41.84	46.19	65.89	57.53	55.22	65.23	81.98	60.46	62.87	74.23	73.82
Price/Free Cash Flow Average	-52.35	59.82	46.45	48.38	47.03	61.08	77.25	65.9	65.72	86.16	100.83	90.9	86.17	90.03	95.48
Price/Free Cash Flow High	-60.08	68.53	57.89	57.34	53.7	75.54	86.67	74.65	75.39	101.02	116.84	128.01	105.21	116.33	108.4
Price/Free Cash Flow Low	-45.06	50.75	34.28	39.76	42.03	46.42	66.2	57.71	55.53	65.84	82.2	62.91	65.07	76.11	75.56
EV/Sales Average	9.15	10.62	8.96	8.52	9.67	10.07	13.78	11.83	11.81	14.25	13.36	12.27	10.13	12.31	12.39
EV/Sales High	10.01	11.62	10.23	9.44	10.46	11.69	14.93	12.82	12.95	15.99	14.91	15.47	11.56	15.03	13.65
EV/Sales Low	8.34	9.58	7.61	7.63	9.07	8.42	12.43	10.9	10.62	11.88	11.56	9.85	8.54	10.87	10.45
EV/EBITDA Average	17.63	19.91	17.04	19.27	19.67	21.22	32.37	20.75	21.57	28.92	27.13	26.55	24.99	30.48	29.66
EV/EBITDA High	19.29	21.78	19.45	21.35	21.29	24.64	35.08	22.49	23.64	32.44	30.27	33.49	28.52	37.21	32.68
EV/EBITDA Low	16.07	17.97	14.47	17.26	18.46	17.75	29.2	19.12	19.38	24.11	23.48	21.31	21.07	26.92	25.01
EV/EBIT Average	31.95	37.11	34.78	53.25	42.41	43.36	75.05	65.54	63.8	99.78	85.24	97.54	105.75	144.93	115
EV/EBIT High	34.95	40.59	39.7	59.01	45.9	50.35	81.33	71.05	69.95	111.93	95.1	123.05	120.71	176.92	126.69
EV/EBIT Low	29.11	33.48	29.53	47.71	39.8	36.27	67.69	60.39	57.33	83.18	73.77	78.31	89.17	128	96.99
Last Price	67.05	66.97	49.28	66.7	76.59	98.17	113.7	105.38	119.1	138.39	175.14	100.77	135.34	175.95	154.39
High Price	67.05	80.19	74.14	70.36	77.04	114.2	126.78	125.1	136.22	164.18	175.56	178.25	139.12	198.37	187.94
Enterprise Value Average	9,722	13,584	13,278	13,773	17,045	21,563	33,869	36,036	37,913	55,632	59,158	57,548	55,460	68,386	75,728
Enterprise Value High	10,636	14,860	15,159	15,265	18,446	25,038	36,702	39,063	41,566	62,404	66,000	72,594	63,305	83,484	83,425
Enterprise Value Low	8,859	12,257	11,276	12,340	15,994	18,037	30,549	33,203	34,067	46,376	51,197	46,200	46,767	60,398	63,866

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	106	125	128	136	146	159	205	206	209	280	284	291	312	337	344
Diluted Weighted Avg Shares	397	464	513	535	555	603	700	827	838	1,050	1,133	1,192	1,236	1,326	1,391
Basic Weighted Avg Shares	394	463	512	533	553	600	696	824	833	1,040	1,130	1,145	1,194	1,293	1,359
Revenue per Share	2.7	2.76	2.9	3.03	3.19	3.57	3.53	3.7	3.85	3.75	3.92	4.1	4.59	4.3	4.5
EBITDA per Share	1.4	1.47	1.52	1.34	1.57	1.69	1.5	2.11	2.11	1.85	1.93	1.89	1.86	1.73	1.88
Operating Income per Share	0.79	0.81	0.75	0.71	0.68	0.86	0.8	0.72	0.75	0.64	0.67	0.58	0.61	0.59	0.68
Basic EPS, GAAP	0.33	0.37	0.53	0.25	0.39	0.57	0.26	0.3	0.61	0.27	1.47	0.29	0.76	0.43	0.93
Basic EPS from Cont Ops	0.41	0.47	0.63	0.38	0.55	0.72	0.37	0.41	0.72	0.35	1.55	0.33	0.8	0.45	0.97
Diluted EPS, GAAP	0.33	0.37	0.53	0.25	0.39	0.57	0.26	0.3	0.6	0.27	1.47	0.28	0.73	0.42	0.91
Diluted EPS from Cont Ops	0.41	0.47	0.63	0.38	0.54	0.72	0.37	0.41	0.72	0.35	1.54	0.32	0.77	0.44	0.94
Dividend per Share	0.73	0.81	0.87	0.95	0.99	1.01	1.03	1.13	1.2	1.19	1.22	1.27	1.27	1.26	1.27
Cash Flow per Share	1.02	1.17	1.28	1.23	1.44	1.52	1.47	1.68	1.82	1.64	1.51	1.45	1.37	1.75	1.77
Free Cash Flow per Basic Share	-1.12	1.17	1.28	1.23	1.44	1.52	1.47	1.68	1.82	1.64	1.51	1.45	1.37	1.75	1.77
Cash & Equivalents per Share	0.38	0.45	0.44	0.26	0.39	0.07	- -	0.61	0.43	0.39	0.5	0.49	5.22	11.5	10.05
Book Value per Share	18.42	23.14	22.7	20.87	21.93	25.68	44.29	41.71	40.43	59.82	60.73	57.88	59	61.22	64.6
Tangible Book Value per Share	14.98	18.66	18.48	17.21	9.94	11.23	12.3	4.83	13.46	18.95	23.21	15.63	21.33	28.22	30.12