Lennox International, Inc. Financial Ratios — LXI 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 (%)	16.7	18.66	35	83.44	340.51	400.29	697.15	- -	- -	- -	- -	- -	- -	130.05	75.83
Return on Assets (%)	5.2	5.3	10.35	12.14	10.84	16.16	16.74	19.36	21.22	17.52	22.07	20.98	22.04	25.27	20.92
Return on Capital (%)	10.94	11.29	20.62	23.97	22.88	33.99	33.36	39.99	43.13	32.41	41.68	38.98	37.86	39.73	31.32
Return on Invested Capital (%)	13.35	16.23	21.12	23.53	22.15	32.89	32.72	39.66	50.23	32.4	41.5	38.38	37.2	39.45	30.96
Gross Margin (%)	23.58	24.49	26.92	26.82	27.32	29.56	29.31	28.61	28.36	28.62	28.34	27.23	31.1	33.28	33.39
EBITDA Margin (%)	8.48	9.31	10.87	11.74	10.62	13.39	14.56	14.83	19.12	15.16	15.8	15.56	17.61	21.26	22.21
Operating Margin (%)	6.79	7.3	9.1	9.79	10.51	12.49	12.69	12.95	13.02	13.38	14.09	13.96	16.97	19.59	20.27
Incremental Operating Margin (%)	- -	20.55	30.36	22.88	34.7	52.01	16.41	35.21	9.65	5.31	18.68	12.87	70.89	55.95	- -
Pretax Margin (%)	5.89	6.84	8.57	9.43	8.15	11.06	12.08	12.05	13.34	12.25	13.35	13.05	14.83	18.71	19.19
Profit Margin (%)	3.11	3.05	5.37	6.11	5.38	7.63	7.96	9.24	10.73	9.8	11.06	10.54	11.87	15.19	15.51
Net Income to Common Margin (%)	3.11	3.05	5.37	6.11	5.38	7.63	7.96	9.24	10.73	9.8	11.06	10.54	11.87	15.19	15.51
Effective Tax Rate (%)	33.35	33.07	34.41	34.48	33.76	30.82	33.81	23	19.51	19.79	17.16	19.28	19.99	18.84	19.16
Dvd Payout Ratio (%)	32.74	35.26	18.9	25.28	31.68	24.77	25.95	26.06	27.03	33.07	27.26	28.57	25.95	19.76	21.47
Sustainable Growth Rate (%)	11.23	12.08	28.39	62.35	232.65	301.15	516.22	- -	- -	- -	- -	- -	- -	104.35	59.55

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	465	387	400	926	741	868	1,004	1,041	1,355	1,178	1,438	1,750	1,527	1,489	1,771
ST Debt	6	36	167	251	235	253	34	301	375	65	66	774	220	388	333
LT Debt	460	351	233	675	506	616	971	741	980	1,114	1,372	976	1,308	1,101	1,438
Total Debt/EBITDA	1.93	1.41	1.15	2.34	2.01	1.78	1.8	1.81	1.86	2.14	2.17	2.38	1.74	1.31	1.53
Net Debt/EBITDA	1.67	1.16	0.99	2.2	1.91	1.65	1.65	1.69	1.51	1.48	1.76	1.95	1.37	0.6	1.11
Total Debt/EBIT	2.52	1.76	1.39	2.77	2.43	2.02	2.03	2.04	2.06	2.46	2.44	2.67	1.93	1.43	1.7
Net Debt/EBIT	2.19	1.46	1.19	2.6	2.3	1.87	1.86	1.91	1.67	1.71	1.98	2.18	1.52	0.65	1.23
EBITDA to Interest Expense	12.89	14.52	21.08	20.93	14.61	17.35	17.42	14.73	14.98	18.56	25.49	18.44	15.67	25.75	24.87
EBITDA-CapEx/Interest Expense	10.67	11.87	16.34	16.25	11.84	14.35	14.36	12.29	12.81	15.91	21.38	15.9	11.2	22.04	22.31
EBIT to Interest Expense	10.32	11.39	17.64	17.44	14.46	16.19	15.18	12.86	10.2	16.38	22.73	16.55	15.09	23.73	22.7
Interest Expense	19	19	17	19	25	28	32	39	49	30	26	40	56	44	46
Common Equity/Total Assets	27.43	29.36	29.81	0.48	6.03	2.14	2.65	-8.23	-8.36	-0.84	-12.39	-7.91	10.2	26.58	28.49
Long-Term Debt/Equity (%)	98.25	70.44	48.01	7,500	498.03	1,620.26	1,937.13	- -	- -	- -	- -	- -	458.36	114.41	123.59
Long-Term Debt/Capital (%)	49.27	39.67	26.32	72.22	60.05	67.94	92.07	83.04	82.75	95.88	117.36	63.1	72.14	44.91	49
Long-Term Debt/Total Assets (%)	26.94	20.75	14.34	38.26	30.17	34.98	51.31	40.75	48.17	54.78	63.15	38.01	46.73	30.41	35.22
Total Debt/Equity (%)	99.42	77.58	82.44	10,284.44	729.43	2,284.74	2,003.99	-696.06	-796.06	-6,891.23	-534.42	-861.6	535.33	154.72	152.24
Total Debt/Capital (%)	49.86	43.69	45.19	99.04	87.94	95.81	95.25	116.78	114.37	101.47	123.02	113.13	84.26	60.74	60.36
Total Debt/Total Assets (%)	27.27	22.85	24.61	52.46	44.18	49.32	53.08	57.3	66.58	57.98	66.19	68.15	54.58	41.12	43.38
Net Debt to Equity	86.25	63.98	71.01	9,678.89	691.14	2,111.05	1,837.72	-652.27	-646.42	-4,779.53	-433.64	-705.42	420.5	70.48	110.51
Net Debt/Capital (%)	45.44	38.27	40.67	97.1	87.36	93.71	93.39	115.42	95.89	78.78	102.54	95.88	68.48	33.31	44.33
EBITDA	241	275	348	396	368	488	559	576	728	551	663	734	878	1,136	1,154
EBITDA-CapEx	200	224	270	307	298	403	461	481	622	473	556	633	627	972	1,035
Operating Income (Loss)	193	215	291	330	364	455	487	503	496	486	591	659	845	1,046	1,053

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	0.08	0.09	0.05	0.05	0.05	0.06	0.1	0.05	0.04	0.18	0.04	0.04	0.07	0.32	0.03
Current Ratio	1.75	1.65	1.26	1.19	1.14	1.13	1.74	1.08	1.12	1.55	1.42	0.94	1.41	1.55	1.6
Quick Ratio	0.75	0.71	0.62	0.55	0.56	0.59	0.88	0.51	0.52	0.82	0.66	0.42	0.65	0.82	0.51
CFO/Avg Current Liab	0.13	0.38	0.32	0.24	0.43	0.44	0.42	0.6	0.39	0.72	0.67	0.25	0.56	0.81	0.6
Common Equity/Total Assets	27.43	29.36	29.81	0.48	6.03	2.14	2.65	-8.23	-8.36	-0.84	-12.39	-7.91	10.2	26.58	28.49
Long-Term Debt/Equity (%)	98.25	70.44	48.01	7,500	498.03	1,620.26	1,937.13	- -	- -	- -	- -	- -	458.36	114.41	123.59
Long-Term Debt/Capital (%)	49.27	39.67	26.32	72.22	60.05	67.94	92.07	83.04	82.75	95.88	117.36	63.1	72.14	44.91	49
Long-Term Debt/Total Assets (%)	26.94	20.75	14.34	38.26	30.17	34.98	51.31	40.75	48.17	54.78	63.15	38.01	46.73	30.41	35.22
Total Debt/Equity (%)	99.42	77.58	82.44	10,284.44	729.43	2,284.74	2,003.99	-696.06	-796.06	-6,891.23	-534.42	-861.6	535.33	154.72	152.24
Total Debt/Capital (%)	49.86	43.69	45.19	99.04	87.94	95.81	95.25	116.78	114.37	101.47	123.02	113.13	84.26	60.74	60.36
Total Debt/Total Assets (%)	27.27	22.85	24.61	52.46	44.18	49.32	53.08	57.3	66.58	57.98	66.19	68.15	54.58	41.12	43.38
CFO/Total Liabilities	6.16	18.55	18.43	10.53	22.44	21.71	17.66	25.19	17.96	29.88	21.12	10.91	29.3	35.58	25.96
CFO/CapEx	1.84	4.41	2.69	2.09	5.06	4.44	3.31	5.2	3.75	7.8	4.83	2.99	2.94	5.78	6.38
Altman's Z-Score	4.28	4.88	6.24	5.42	6.52	6.93	7.75	7.66	7.19	7.91	8.16	6.51	8.91	9.57	8.46

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	- -	7.76	8.19	8.12	8.21	8.16	7.87	7.93	8.01	7.85	8.77	8.45	8.28	8.51	8.38
Days Sales Outstanding	- -	47.05	44.58	44.96	44.43	44.73	46.4	46.01	45.56	46.51	41.63	43.2	44.07	42.9	43.56
Inventory Turnover	7.19	6.43	6.2	5.85	5.71	6.13	6.01	5.58	5.18	5.28	6.33	5.43	4.73	4.59	3.45
Days Inventory Outstanding	50.78	56.76	58.83	62.37	63.88	59.57	60.69	65.43	70.52	69.19	57.7	67.18	77.2	79.48	105.77
Accounts Payable Turnover	8.33	8.47	8.25	8.39	7.68	7.53	7.83	7.16	6.86	6.99	8.29	8.86	8.43	8.6	8.1
Accounts Payable Turnover Days	43.8	43.12	44.25	43.49	47.51	48.48	46.59	50.99	53.24	52.25	44.03	41.18	43.32	42.45	45.04
Cash Conversion Cycle	- -	60.7	59.16	63.83	60.81	55.83	60.5	60.44	62.84	63.45	55.3	69.19	77.96	79.94	104.29
Inventory to Cash Days	- -	-9.71	-14.24	-17.41	-19.45	-14.84	-14.29	-19.41	-24.96	-22.69	-16.08	-23.98	-33.13	-36.58	-62.22
Inventories	318	375	379	463	419	419	484	510	544	439	511	753	699	853	1,153
Raw Materials	156	180	189	183	178	183	199	229	199	208	262	329	314	411	426
Work In Process	13	12	12	8	4	5	6	10	6	7	12	9	10	11	8
Finished Goods	222	258	251	338	300	287	332	331	403	280	311	535	509	431	719
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	140	- -

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	1,720	2,577	4,166	4,268	5,708	6,670	8,846	8,538	9,338	10,286	11,953	8,584	15,868	21,782	17,114
- Cash & Cash Equivalents	45	52	38	38	39	50	68	46	37	124	31	53	61	415	34
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	2	1	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	465	387	400	926	741	868	1,004	1,041	1,355	1,178	1,438	1,750	1,527	1,489	1,771
Enterprise Value	2,140	2,913	4,529	5,156	6,411	7,488	9,781	9,533	10,653	11,335	13,354	10,272	17,327	22,848	18,850
Total Capital	933	885	886	935	843	906	1,054	892	1,185	1,161	1,169	1,547	1,813	2,451	2,934
Total Debt/Capital (%)	49.86	43.69	45.19	99.04	87.94	95.81	95.25	116.78	114.37	101.47	123.02	113.13	84.26	60.74	60.36
Total Debt / EV	0.22	0.13	0.09	0.18	0.12	0.12	0.1	0.11	0.13	0.1	0.11	0.17	0.09	0.07	0.09
EV/Sales	0.75	0.99	1.42	1.53	1.85	2.06	2.55	2.45	2.8	3.12	3.18	2.18	3.48	4.28	3.63
EV/EBITDA	8.88	10.61	13.02	13.04	17.41	15.36	17.49	16.55	14.63	20.57	20.15	13.99	19.75	20.12	16.33
EV/EBIT	11.61	13.3	15.67	15.41	20.99	17.44	19.78	18.7	16.22	23.69	22.62	15.65	21.89	21.96	18.1
EV/Cash Flow to Firm	24.14	12.45	20.48	26.15	17.31	19.04	28.24	18.14	24.48	17.82	24.87	30.72	22.18	23.28	23.71
EV/Free Cash Flow to Firm	45.28	15.85	31.71	47.4	21.34	24.23	39.43	22.15	32.32	20.32	31.04	44.03	32.64	27.94	27.87
Diluted Market Cap	1,806	2,637	4,293	4,647	5,826	6,829	9,055	8,804	9,533	10,353	12,235	8,663	15,921	21,906	17,411
Diluted Enterprise Value	2,227	2,973	4,656	5,535	6,529	7,648	9,991	9,799	10,848	11,402	13,636	10,352	17,379	22,973	19,147
EV per Share	42.09	57.99	92.23	115.52	143.49	174.25	233.95	239.18	276.03	295.57	364.52	289.61	486.95	641.86	541.72
TTM Sales	2,841	2,949	3,199	3,367	3,467	3,642	3,840	3,884	3,807	3,634	4,194	4,718	4,982	5,341	5,195
TTM EBITDA	241	275	348	396	368	488	559	576	728	551	663	734	878	1,136	1,154
TTM Operating Income	193	215	291	330	364	455	487	503	496	486	591	659	845	1,046	1,053
TTM Cash Flow to Firm	89	234	221	197	370	393	346	526	435	636	537	334	781	981	795
TTM Free Cash Flow to Firm	47	184	143	109	300	309	248	430	330	558	430	233	531	818	676

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	51.91	15.4	32.52	48.2	20.54	23.58	39.93	21.99	32.82	19.39	29.94	43.06	32.76	28.01	27.26
EV/EBIT	11.61	13.3	15.67	15.41	20.99	17.44	19.78	18.7	16.22	23.69	22.62	15.65	21.89	21.96	18.1
Enterprise Value	2,140	2,913	4,529	5,156	6,411	7,488	9,781	9,533	10,653	11,335	13,354	10,272	17,327	22,848	18,850
Low Price	25.06	33.68	53.9	73.55	93.51	108.64	148	187.78	212.7	167.36	266.37	183.77	232.33	416.89	440.12
EV/Sales	0.75	0.99	1.42	1.53	1.85	2.06	2.55	2.45	2.8	3.12	3.18	2.18	3.48	4.28	3.63
EV/EBITDA	8.88	10.61	13.02	13.04	17.41	15.36	17.49	16.55	14.63	20.57	20.15	13.99	19.75	20.12	16.33
Price/Earnings	20.11	28.9	24.59	22.25	30.74	24.25	29.21	24.23	23.09	28.83	26.16	17.38	26.78	26.86	21.48
Price/Earnings Average	24.51	24.82	19.67	20.27	27.63	22.13	24.38	23.69	24.23	26.41	25.3	17.48	19.36	23.38	24.5
Price/Earnings High	31.98	30.14	24.59	22.3	33.65	25.7	29.21	25.87	27.86	33.53	28.3	23.22	26.84	29.6	29.43
Price/Earnings Low	14.9	18.97	15.62	17.12	22.5	16.97	20.43	21.24	20.3	17.99	21.36	13.2	13.95	18.3	19.23
Price/Book Value	3.68	5.19	8.59	508.06	56.4	177.4	176.56	-57.07	-54.87	-601.5	-44.43	-42.26	55.62	22.64	14.71
Price/Book Value Average	4.48	4.46	6.87	462.78	50.69	161.88	147.4	-55.8	-57.57	-550.94	-42.98	-42.5	40.2	19.71	16.78
Price/Book Value High	5.85	5.41	8.59	509.2	61.74	188.03	176.56	-60.94	-66.21	-699.58	-48.08	-56.46	55.75	24.95	20.16
Price/Book Value Low	2.72	3.41	5.46	390.8	41.28	124.17	123.51	-50.03	-48.23	-375.34	-36.28	-32.09	28.98	15.42	13.17
Price/Tangible Book Value	8.33	10.43	17.14	-18.98	-57.02	-40.47	-58.81	-25.4	-26.18	-50.42	-26.23	-22.04	251.08	31.25	43.56
Price/Tangible Book Value Average	10.15	8.96	13.71	-17.28	-51.25	-36.93	-49.1	-24.83	-27.47	-46.18	-25.38	-22.17	181.49	27.2	49.68
Price/Tangible Book Value High	13.25	10.88	17.14	-19.02	-62.42	-42.9	-58.81	-27.12	-31.59	-58.64	-28.39	-29.45	251.67	34.44	59.67
Price/Tangible Book Value Low	6.17	6.85	10.89	-14.6	-41.74	-28.33	-41.14	-22.26	-23.01	-31.46	-21.42	-16.74	130.8	21.29	38.98
Price/Sales	0.63	0.88	1.32	1.36	1.65	1.85	2.33	2.24	2.48	2.83	2.89	1.83	3.18	4.08	3.33
Price/Sales Average	0.76	0.76	1.06	1.24	1.49	1.69	1.94	2.19	2.6	2.59	2.8	1.84	2.3	3.55	3.8
Price/Sales High	0.99	0.92	1.32	1.36	1.81	1.96	2.33	2.39	2.99	3.29	3.13	2.45	3.19	4.49	4.57
Price/Sales Low	0.46	0.58	0.84	1.05	1.21	1.29	1.63	1.96	2.18	1.76	2.36	1.39	1.66	2.78	2.98
Price/Cash Flow	23.31	11.75	20.09	24.78	16.22	18.02	27.46	17.55	23.82	16.77	23.54	28.58	21.5	23.03	22.85
Price/Cash Flow Average	28.4	10.09	16.07	22.57	14.58	16.44	22.93	17.16	25	15.36	22.77	28.74	15.54	20.05	26.06
Price/Cash Flow High	37.06	12.25	20.09	24.84	17.76	19.1	27.46	18.74	28.75	19.51	25.48	38.18	21.55	25.39	31.31
Price/Cash Flow Low	17.27	7.71	12.76	19.06	11.87	12.61	19.21	15.39	20.94	10.47	19.22	21.7	11.2	15.69	20.45
Price/Free Cash Flow Average	63.25	13.23	26.01	43.91	18.45	21.52	33.33	21.5	34.44	17.76	28.96	43.3	23.68	24.38	31.08
Price/Free Cash Flow High	82.54	16.06	32.52	48.31	22.48	25	39.93	23.49	39.6	22.55	32.39	57.52	32.84	30.87	37.34
Price/Free Cash Flow Low	38.46	10.11	20.66	37.08	15.03	16.51	27.93	19.28	28.85	12.1	24.44	32.7	17.07	19.08	24.39
EV/Sales Average	0.89	0.86	1.15	1.42	1.68	1.9	2.17	2.41	2.92	2.88	3.09	2.19	2.6	3.75	4.09
EV/Sales High	1.11	1.03	1.42	1.53	2	2.17	2.55	2.6	3.31	3.58	3.42	2.79	3.49	4.69	4.85
EV/Sales Low	0.6	0.69	0.94	1.24	1.41	1.51	1.86	2.18	2.5	2.05	2.66	1.74	1.95	2.98	3.28
EV/EBITDA Average	10.44	9.29	10.62	12.08	15.84	14.16	14.88	16.22	15.27	19	19.56	14.06	14.73	17.64	18.42
EV/EBITDA High	13.09	11.02	13.02	13.06	18.88	16.18	17.49	17.56	17.29	23.61	21.63	17.92	19.79	22.08	21.82
EV/EBITDA Low	7.03	7.39	8.65	10.55	13.26	11.26	12.74	14.72	13.08	13.55	16.84	11.18	11.08	14.01	14.78
EV/EBIT Average	13.64	11.64	12.78	14.27	19.1	16.08	16.83	18.32	16.92	21.88	21.96	15.73	16.33	19.25	20.41
EV/EBIT High	17.11	13.8	15.67	15.43	22.76	18.37	19.78	19.83	19.16	27.19	24.28	20.05	21.94	24.1	24.18
EV/EBIT Low	9.19	9.26	10.41	12.46	15.98	12.78	14.41	16.63	14.5	15.61	18.9	12.51	12.29	15.29	16.37
Last Price	33.83	51.3	84.84	95.61	127.76	155.21	211.57	214.22	241.96	268.21	326.27	242	445.97	611.91	491.83
High Price	53.79	53.5	84.84	95.83	139.84	164.52	211.57	228.75	292	311.95	353.04	323.27	447	674.36	673.81
Enterprise Value Average	2,516	2,550	3,695	4,776	5,832	6,905	8,320	9,343	11,114	10,470	12,962	10,321	12,928	20,028	21,254
Enterprise Value High	3,155	3,024	4,529	5,166	6,950	7,888	9,781	10,112	12,584	13,012	14,334	13,155	17,363	25,071	25,182
Enterprise Value Low	1,694	2,028	3,010	4,171	4,880	5,487	7,123	8,480	9,524	7,468	11,159	8,207	9,725	15,906	17,050

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	51	50	49	45	45	43	42	40	39	38	37	35	36	36	35
Diluted Weighted Avg Shares	53	51	51	49	46	44	43	41	39	39	38	36	36	36	35
Basic Weighted Avg Shares	53	51	50	48	45	43	42	41	39	38	37	36	36	36	35
Revenue per Share	54.11	58.17	64.24	70.3	77.22	83.91	90.99	95.66	97.62	94.89	112.74	132.17	140.34	150.04	147.59
EBITDA per Share	4.59	5.41	6.99	8.26	8.2	11.23	13.25	14.18	18.67	14.39	17.81	20.56	24.72	31.9	32.78
Operating Income per Share	3.68	4.25	5.85	6.88	8.11	10.48	11.55	12.39	12.71	12.7	15.89	18.45	23.81	29.39	29.92
Basic EPS, GAAP	1.68	1.78	3.45	4.3	4.16	6.4	7.24	8.84	10.48	9.3	12.47	13.92	16.65	22.78	22.89
Basic EPS from Cont Ops	2.12	2.66	3.61	4.34	4.17	6.42	7.28	8.87	10.48	9.32	12.47	13.92	16.65	22.78	22.89
Diluted EPS, GAAP	1.65	1.75	3.4	4.23	4.09	6.31	7.14	8.73	10.37	9.23	12.37	13.89	16.56	22.66	22.76
Diluted EPS from Cont Ops	2.09	2.63	3.56	4.28	4.11	6.33	7.18	8.77	10.38	9.25	12.37	13.89	16.56	22.66	22.76
Dividend per Share	0.7	0.94	0.68	1.1	1.32	1.59	1.89	2.31	2.83	3.08	3.4	3.98	4.32	4.5	4.91
Cash Flow per Share	1.45	4.37	4.22	3.86	7.88	8.62	7.7	12.2	10.16	15.99	13.86	8.47	20.74	26.56	21.52
Free Cash Flow per Basic Share	0.66	3.38	2.65	2.01	6.32	6.67	5.37	9.86	7.45	13.94	10.99	5.64	13.69	21.97	18.15
Cash & Equivalents per Share	0.89	1.03	0.77	0.84	0.87	1.17	1.63	1.16	1.04	3.36	1	1.72	1.94	11.86	1
Book Value per Share	9.2	9.89	9.88	0.19	2.27	0.87	1.2	-3.75	-4.41	-0.45	-7.34	-5.73	8.02	27.03	33.43
Tangible Book Value per Share	4.06	4.92	4.95	-5.04	-2.24	-3.83	-3.6	-8.43	-9.24	-5.32	-12.44	-10.98	1.78	19.58	11.29