McCormick & Company, Incorporated Financial Ratios — MCX

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	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Return on Common Equity (%)	24.49	24.83	21.52	23.51	23.2	28.65	22.81	32.57	21.25	20.28	18.12	15	13.97	15.23	14.32
Return on Assets (%)	9.97	9.88	9.03	9.88	9.04	10.37	6.36	9.04	6.82	6.66	6.04	5.24	5.24	6.08	6.01
Return on Capital (%)	15.75	15.6	14.14	15.12	14.28	16.66	10.27	- -	10.68	10.23	9.19	8.07	8.56	9.79	9.55
Return on Invested Capital (%)	14.72	14.81	13.34	14.18	13.09	15.42	9.78	- -	9.89	9.58	8.5	6.9	7.65	8.65	8.52
Gross Margin (%)	41.18	40.3	40.4	40.78	40.44	41.52	37.93	39.48	40.12	41.07	39.48	35.82	37.56	38.54	37.9
EBITDA Margin (%)	17.27	16.97	15.92	16.63	15.23	16.99	17.44	19.65	20.88	20.79	19.02	16.76	17.45	18.88	19.04
Operating Margin (%)	14.61	14.41	13.96	14.33	14.2	14.89	16.13	17.54	18.3	18.19	17.26	14.45	15.37	15.91	15.96
Incremental Operating Margin (%)	8.45	12	- -	27.3	3.2	40.63	33.28	29.19	108.97	15.87	10.01	- -	34.26	74.15	18.95
Pretax Margin (%)	13.29	13.11	12.11	13.07	11.55	13.36	12.57	13.98	15.32	15.74	14.18	12.8	11.99	13.36	13.35
Profit Margin (%)	10.12	10.16	9.43	10.32	9.35	10.71	10.09	17.6	13.14	13.34	11.95	10.74	10.22	11.73	11.54
Net Income to Common Margin (%)	10.12	10.16	9.43	10.32	9.35	10.71	10.09	17.6	13.14	13.34	11.95	10.74	10.22	11.73	11.54
Effective Tax Rate (%)	29.02	26.57	26.75	26.32	26.46	25.97	25.44	- -	19.21	19.84	21.51	20.74	21.85	20.48	21.45
Dvd Payout Ratio (%)	39.68	40.39	46.25	43.94	51.02	46.11	49.77	29.29	43.01	44.17	48.1	58.17	61.49	57.2	61.19
Sustainable Growth Rate (%)	14.77	14.8	11.57	13.18	11.36	15.44	11.46	23.03	12.11	11.32	9.4	6.28	5.38	6.52	5.56

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	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Total Debt	1,252	1,172	1,233	1,285	1,394	1,447	5,027	4,696	4,324	5,008	5,389	5,326	4,591	4,509	4,164
ST Debt	222	393	214	271	343	393	583	644	698	1,151	1,309	1,507	1,072	748	891
LT Debt	1,030	779	1,019	1,014	1,051	1,054	4,444	4,053	3,626	3,857	4,079	3,818	3,520	3,760	3,274
Total Debt/EBITDA	1.96	1.72	1.88	1.82	2.13	1.93	6.09	4.51	3.87	4.3	4.49	5	3.95	3.55	3.2
Net Debt/EBITDA	1.88	1.6	1.78	1.71	1.96	1.77	5.87	4.42	3.73	3.85	4.1	4.53	3.65	3.27	3
Total Debt/EBIT	2.32	2.03	2.24	2.13	2.54	2.26	7.18	5.27	4.52	5.01	5.31	6.17	4.77	4.25	3.89
Net Debt/EBIT	2.22	1.89	2.13	2	2.34	2.07	6.92	5.16	4.35	4.48	4.86	5.58	4.41	3.92	3.64
EBITDA to Interest Expense	12.47	12.47	12.32	14.2	12.28	13.39	8.62	5.97	6.76	8.59	8.8	7.14	5.58	6.06	6.64
EBITDA-CapEx/Interest Expense	12.47	12.47	12.32	14.2	12.28	13.39	8.62	5.97	6.76	8.59	8.8	7.14	5.58	6.06	6.64
EBIT to Interest Expense	10.55	10.59	10.8	12.24	11.44	11.73	7.97	5.33	5.92	7.51	7.98	6.15	4.92	5.11	5.57
Interest Expense	51	55	53	50	53	56	96	175	165	136	137	149	208	209	196
Common Equity/Total Assets	39.18	40.4	43.43	40.6	37.34	35.09	24.65	30.92	33.24	32.47	34.18	35.66	39.35	40.48	43.46
Long-Term Debt/Equity (%)	63.62	45.83	52.32	56.05	62.33	64.34	172.85	127.36	104.89	97.9	92.18	81.26	69.24	70.72	56.75
Long-Term Debt/Capital (%)	35.87	27.13	32.04	32.77	34.12	34.16	58.49	51.44	46.6	43.11	41.57	38.09	36.38	38.27	32.96
Long-Term Debt/Total Assets (%)	25.19	18.71	22.9	22.97	23.51	22.74	42.79	39.52	34.99	31.91	31.61	29.09	27.37	28.77	24.8
Total Debt/Equity (%)	77.36	68.92	63.31	71.01	82.66	88.35	195.54	147.58	125.1	127.1	121.77	113.33	90.32	84.8	72.19
Total Debt/Capital (%)	43.62	40.8	38.77	41.52	45.25	46.91	66.16	59.61	55.57	55.97	54.91	53.12	47.46	45.89	41.92
Total Debt/Total Assets (%)	30.63	28.13	27.71	29.11	31.18	31.22	48.4	45.79	41.73	41.42	41.75	40.58	35.7	34.49	31.54
Net Debt to Equity	74.03	64.27	60.08	66.74	75.99	81.12	188.27	144.55	120.6	113.73	111.42	102.48	83.5	78.16	67.62
Net Debt/Capital (%)	42.54	39.13	37.53	40.03	43.18	44.79	65.31	59.11	54.67	52.57	52.11	49.69	44.64	43.11	39.65
EBITDA	639	681	657	706	654	750	825	1,042	1,117	1,165	1,201	1,064	1,162	1,269	1,302
EBITDA-CapEx	639	681	657	706	654	750	825	1,042	1,117	1,165	1,201	1,064	1,162	1,269	1,302
Operating Income (Loss)	540	578	576	608	610	657	763	930	979	1,019	1,091	917	1,024	1,070	1,092

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	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Cash Ratio	0.05	0.07	0.06	0.07	0.09	0.08	0.1	0.05	0.07	0.14	0.11	0.1	0.05	0.06	0.03
Current Ratio	1.23	1.08	1.29	1.26	1.1	1	0.83	0.74	0.72	0.68	0.68	0.7	0.65	0.74	0.7
Quick Ratio	0.48	0.46	0.53	0.51	0.46	0.41	0.38	0.31	0.31	0.31	0.28	0.26	0.24	0.27	0.24
CFO/Avg Current Liab	0.37	0.42	0.41	0.46	0.5	0.49	0.48	0.42	0.46	0.4	0.26	0.2	0.38	0.31	0.32
Common Equity/Total Assets	39.18	40.4	43.43	40.6	37.34	35.09	24.65	30.92	33.24	32.47	34.18	35.66	39.35	40.48	43.46
Long-Term Debt/Equity (%)	63.62	45.83	52.32	56.05	62.33	64.34	172.85	127.36	104.89	97.9	92.18	81.26	69.24	70.72	56.75
Long-Term Debt/Capital (%)	35.87	27.13	32.04	32.77	34.12	34.16	58.49	51.44	46.6	43.11	41.57	38.09	36.38	38.27	32.96
Long-Term Debt/Total Assets (%)	25.19	18.71	22.9	22.97	23.51	22.74	42.79	39.52	34.99	31.91	31.61	29.09	27.37	28.77	24.8
Total Debt/Equity (%)	77.36	68.92	63.31	71.01	82.66	88.35	195.54	147.58	125.1	127.1	121.77	113.33	90.32	84.8	72.19
Total Debt/Capital (%)	43.62	40.8	38.77	41.52	45.25	46.91	66.16	59.61	55.57	55.97	54.91	53.12	47.46	45.89	41.92
Total Debt/Total Assets (%)	30.63	28.13	27.71	29.11	31.18	31.22	48.4	45.79	41.73	41.42	41.75	40.58	35.7	34.49	31.54
CFO/Total Liabilities	13.77	18.46	18.59	19.33	21.18	21.95	10.43	11.61	13.71	12.78	9.77	7.73	15.91	11.89	12.95
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	4.96	5.5	5.53	5.58	5.72	5.61	4.03	5.29	5.61	4.81	4.81	4.45	4.58	4.9	4.79

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	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Accounts Receivable Turnover	9.09	8.99	8.58	8.58	9.06	9.59	9.27	9.88	10.47	10.86	11.72	11.31	11.47	11.45	11.25
Days Sales Outstanding	40.16	40.59	42.55	42.54	40.3	38.08	39.36	36.94	34.85	33.6	31.14	32.28	31.81	31.89	32.45
Inventory Turnover	3.99	3.9	3.8	3.61	3.59	3.52	3.79	4.06	4.03	3.6	3.45	3.23	3.37	3.49	3.38
Days Inventory Outstanding	91.56	93.57	95.94	101	101.6	103.79	96.31	89.82	90.48	101.39	105.73	112.94	108.22	104.5	107.91
Accounts Payable Turnover	6.91	6.46	6.6	6.72	6.52	6.09	5.45	4.74	4.13	3.76	3.79	3.79	3.45	3.6	3.43
Accounts Payable Turnover Days	52.85	56.51	55.28	54.35	55.98	59.97	66.95	76.93	88.32	97.09	96.3	96.35	105.92	101.32	106.49
Cash Conversion Cycle	78.88	77.66	83.21	89.19	85.92	81.89	68.73	49.83	37	37.9	40.56	48.87	34.1	35.07	33.87
Inventory to Cash Days	-51.4	-52.98	-53.38	-58.45	-61.29	-65.71	-56.95	-52.88	-55.63	-67.78	-74.59	-80.66	-76.41	-72.61	-75.46
Inventories	614	615	677	714	711	756	793	786	801	1,033	1,182	1,340	1,127	1,240	1,272
Raw Materials	345	342	372	411	391	420	395	380	388	533	626	691	557	622	643
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	269	273	305	303	320	336	398	406	413	499	556	649	570	618	629
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	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Market Capitalization	6,448	8,546	9,130	9,559	10,902	11,520	13,407	19,542	22,475	24,789	23,325	22,685	17,237	20,775	18,024
- Cash & Cash Equivalents	54	79	63	77	113	118	187	97	155	424	352	334	167	186	96
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	17	17	15	17	17	12	11	11	13	14	15	19	23	26	32
+ Total Debt	1,252	1,172	1,233	1,285	1,394	1,447	5,027	4,696	4,324	5,008	5,389	5,326	4,591	4,509	4,164
Enterprise Value	7,663	9,656	10,316	10,783	12,200	12,860	18,258	24,153	26,656	29,387	28,376	27,695	21,684	25,123	22,123
Total Capital	2,871	2,872	3,181	3,094	3,081	3,085	7,598	7,879	7,781	8,948	9,814	10,025	9,675	9,825	9,932
Total Debt/Capital (%)	43.62	40.8	38.77	41.52	45.25	46.91	66.16	59.61	55.57	55.97	54.91	53.12	47.46	45.89	41.92
Total Debt / EV	0.16	0.12	0.12	0.12	0.11	0.11	0.28	0.19	0.16	0.17	0.19	0.19	0.21	0.18	0.19
EV/Sales	2.07	2.41	2.5	2.54	2.84	2.92	3.86	4.55	4.98	5.25	4.49	4.36	3.25	3.74	3.23
EV/EBITDA	12	14.18	15.71	15.28	18.65	17.15	22.13	23.18	23.87	25.24	23.62	26.02	18.66	19.8	16.99
EV/EBIT	14.18	16.7	18.74	17.88	22.25	20.06	26.09	27.1	27.83	29.4	27.95	32.07	22.52	23.69	20.66
EV/Cash Flow to Firm	20.36	19.5	20.46	19.96	19.39	18.38	20.59	- -	24.68	25.55	30.33	35.98	15.49	23.08	19.82
EV/Free Cash Flow to Firm	20.36	19.5	20.46	19.96	19.39	18.38	20.59	- -	24.68	25.55	30.33	35.98	15.49	23.08	19.82
Diluted Market Cap	6,516	8,662	9,304	9,752	11,064	11,768	13,141	19,725	22,678	24,993	23,552	22,871	17,346	20,899	18,091
Diluted Enterprise Value	7,731	9,772	10,490	10,977	12,363	13,108	17,992	24,337	26,859	29,591	28,603	27,881	21,794	25,247	22,190
EV per Share	28.8	36.39	39.29	41.94	47.86	51.25	69.6	91.3	100.16	109.97	106.03	103.21	80.78	93.63	82.32
TTM Sales	3,698	4,014	4,123	4,243	4,296	4,412	4,730	5,303	5,347	5,601	6,318	6,351	6,662	6,724	6,840
TTM EBITDA	639	681	657	706	654	750	825	1,042	1,117	1,165	1,201	1,064	1,162	1,269	1,302
TTM Operating Income	540	578	576	608	610	657	763	930	979	1,019	1,091	917	1,024	1,070	1,092
TTM Cash Flow to Firm	376	495	504	540	629	700	887	- -	1,080	1,150	936	770	1,400	1,088	1,116
TTM Free Cash Flow to Firm	376	495	504	540	629	700	887	- -	1,080	1,150	936	770	1,400	1,088	1,116

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	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Price/Free Cash Flow	19.17	19.04	20	19.36	18.75	17.88	16.12	24.02	23.95	24	28.43	35.1	14.02	22.67	18.8
EV/EBIT	14.18	16.7	18.74	17.88	22.25	20.06	26.09	27.1	27.83	29.4	27.95	32.07	22.52	23.69	20.66
Enterprise Value	7,663	9,656	10,316	10,783	12,200	12,860	18,258	24,153	26,656	29,387	28,376	27,695	21,684	25,123	22,123
Low Price	21.81	24.23	30.62	31.49	35.55	39.76	44.18	49.07	59.93	56.93	77.27	71.16	59.11	63.97	63.14
EV/Sales	2.07	2.41	2.5	2.54	2.84	2.92	3.86	4.55	4.98	5.25	4.49	4.36	3.25	3.74	3.23
EV/EBITDA	12	14.18	15.71	15.28	18.65	17.15	22.13	23.18	23.87	25.24	23.62	26.02	18.66	19.8	16.99
Price/Earnings	17.21	20.99	23.65	22.08	27.3	24.64	27.18	20.84	31.91	33.12	30.88	33.29	25.35	26.4	22.84
Price/Earnings Average	16.86	18.47	23.45	20.57	25	25.49	25.95	16.33	28.75	31.25	30.97	35.34	31.47	24.99	24.91
Price/Earnings High	18.07	21.51	25.45	22.08	27.49	28.77	28.11	21.38	32.62	37.72	35.66	41.51	37.04	29.04	29.17
Price/Earnings Low	15.48	15.79	20.82	18.71	22.69	21.34	23.5	13.84	22.65	20.32	27.38	28.02	23.34	21.81	21.5
Price/Book Value	4.03	5.08	4.72	5.33	6.53	7.08	5.24	6.16	6.53	6.31	5.29	4.85	3.41	3.93	3.14
Price/Book Value Average	3.94	4.47	4.68	4.97	5.98	7.32	5	4.83	5.88	5.96	5.3	5.15	4.23	3.72	3.43
Price/Book Value High	4.23	5.2	5.08	5.33	6.57	8.27	5.42	6.32	6.67	7.19	6.11	6.04	4.98	4.32	4.01
Price/Book Value Low	3.62	3.82	4.16	4.52	5.43	6.13	4.53	4.09	4.63	3.87	4.69	4.08	3.14	3.24	2.96
Price/Tangible Book Value	-14.57	-25.44	-45.79	-36.65	-23.64	-20.22	-2.68	-4.57	-5.64	-5.61	-5.16	-5.56	-4.64	-6.05	-5.88
Price/Tangible Book Value Average	-14.28	-22.39	-45.39	-34.13	-21.65	-20.91	-2.56	-3.58	-5.08	-5.3	-5.18	-5.9	-5.76	-5.73	-6.41
Price/Tangible Book Value High	-15.3	-26.07	-49.27	-36.65	-23.8	-23.61	-2.77	-4.69	-5.77	-6.39	-5.96	-6.93	-6.78	-6.66	-7.51
Price/Tangible Book Value Low	-13.11	-19.14	-40.31	-31.05	-19.65	-17.51	-2.32	-3.04	-4	-3.45	-4.58	-4.68	-4.27	-5	-5.53
Price/Sales	1.74	2.13	2.23	2.28	2.55	2.64	2.74	3.67	4.19	4.42	3.69	3.57	2.59	3.1	2.64
Price/Sales Average	1.71	1.88	2.21	2.12	2.34	2.73	2.62	2.87	3.78	4.17	3.7	3.79	3.21	2.93	2.87
Price/Sales High	1.83	2.19	2.4	2.28	2.57	3.08	2.84	3.76	4.29	5.03	4.26	4.46	3.78	3.41	3.37
Price/Sales Low	1.57	1.6	1.96	1.93	2.12	2.29	2.37	2.44	2.98	2.71	3.27	3.01	2.38	2.56	2.48
Price/Cash Flow	18.94	18.81	19.78	19.2	18.58	17.69	15.92	23.68	23.68	23.77	28.16	34.85	13.95	22.58	18.74
Price/Cash Flow Average	18.55	16.55	19.61	17.88	17.01	18.29	15.2	18.56	21.34	22.43	28.24	36.99	17.31	21.38	20.44
Price/Cash Flow High	19.89	19.28	21.28	19.2	18.71	20.65	16.46	24.3	24.21	27.07	32.51	43.45	20.37	24.84	23.93
Price/Cash Flow Low	17.04	14.15	17.41	16.27	15.44	15.32	13.76	15.73	16.81	14.59	24.97	29.33	12.84	18.65	17.64
Price/Free Cash Flow Average	18.78	16.75	19.83	18.03	17.17	18.49	15.39	18.83	21.58	22.65	28.51	37.27	17.4	21.47	20.51
Price/Free Cash Flow High	20.13	19.51	21.52	19.36	18.89	20.88	16.67	24.65	24.48	27.34	32.83	43.77	20.48	24.94	24.01
Price/Free Cash Flow Low	17.25	14.32	17.61	16.41	15.59	15.49	13.93	15.96	17	14.73	25.21	29.55	12.91	18.73	17.7
EV/Sales Average	2.04	2.15	2.48	2.39	2.63	3	3.73	3.76	4.57	5	4.5	4.58	3.88	3.57	3.47
EV/Sales High	2.16	2.46	2.67	2.54	2.86	3.35	3.96	4.65	5.08	5.86	5.06	5.24	4.45	4.05	3.96
EV/Sales Low	1.9	1.88	2.24	2.2	2.41	2.57	3.48	3.32	3.76	3.54	4.07	3.8	3.05	3.2	3.08
EV/EBITDA Average	11.8	12.67	15.59	14.35	17.24	17.68	21.4	19.13	21.88	24.04	23.67	27.34	22.23	18.93	18.25
EV/EBITDA High	12.51	14.49	16.77	15.28	18.76	19.73	22.68	23.67	24.32	28.19	26.62	31.29	25.49	21.44	20.83
EV/EBITDA Low	10.99	11.07	14.05	13.21	15.83	15.1	19.93	16.89	18.03	17.01	21.42	22.65	17.48	16.95	16.18
EV/EBIT Average	13.94	14.92	18.6	16.79	20.57	20.68	25.22	22.36	25.51	28.01	28.02	33.69	26.83	22.65	22.19
EV/EBIT High	14.78	17.06	20	17.88	22.39	23.07	26.74	27.68	28.35	32.85	31.51	38.56	30.76	25.66	25.32
EV/EBIT Low	12.99	13.04	16.75	15.46	18.89	17.66	23.49	19.74	21.02	19.82	25.35	27.91	21.1	20.29	19.68
Last Price	24.23	32.21	34.78	37.18	42.77	45.91	51.11	73.87	84.45	92.76	87.15	84.54	64.21	77.42	67.07
High Price	25.45	33.01	37.42	37.18	43.07	53.6	52.85	75.81	86.32	105.66	100.63	105.42	93.8	85.19	85.65
Enterprise Value Average	7,533	8,631	10,237	10,127	11,282	13,254	17,651	19,927	24,429	27,991	28,442	29,092	25,840	24,020	23,757
Enterprise Value High	7,987	9,869	11,009	10,783	12,277	14,789	18,714	24,664	27,155	32,833	31,983	33,297	29,625	27,207	27,117
Enterprise Value Low	7,018	7,538	9,223	9,323	10,361	11,317	16,441	17,592	20,131	19,811	25,731	24,105	20,315	21,513	21,069

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	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Shares Outstanding	266	265	263	257	255	251	262	265	266	267	268	268	268	268	269
Diluted Weighted Avg Shares	269	269	268	262	259	256	257	267	269	269	270	271	270	270	270
Basic Weighted Avg Shares	266	266	265	260	256	254	254	263	266	267	268	269	269	269	269
Revenue per Share	13.91	15.11	15.59	16.31	16.76	17.4	18.63	20.14	20.14	20.99	23.61	23.65	24.79	25.01	25.44
EBITDA per Share	2.4	2.56	2.48	2.71	2.55	2.96	3.25	3.96	4.2	4.36	4.49	3.96	4.33	4.72	4.84
Operating Income per Share	2.03	2.18	2.18	2.34	2.38	2.59	3	3.53	3.69	3.82	4.07	3.42	3.81	3.98	4.06
Basic EPS, GAAP	1.41	1.53	1.47	1.68	1.57	1.86	1.88	3.55	2.65	2.8	2.82	2.54	2.53	2.93	2.94
Basic EPS from Cont Ops	1.41	1.53	1.47	1.68	1.57	1.86	1.88	3.55	2.65	2.8	2.82	2.54	2.53	2.93	2.94
Diluted EPS, GAAP	1.39	1.52	1.45	1.67	1.55	1.84	1.86	3.5	2.62	2.77	2.79	2.52	2.52	2.92	2.93
Diluted EPS from Cont Ops	1.39	1.52	1.45	1.67	1.55	1.84	1.86	3.5	2.62	2.77	2.79	2.52	2.52	2.92	2.93
Dividend per Share	0.56	0.62	0.68	0.74	0.8	0.86	0.94	1.04	1.14	1.24	1.36	1.48	1.56	1.68	1.8
Cash Flow per Share	1.28	1.71	1.76	1.94	2.3	2.6	3.21	3.12	3.57	3.9	3.09	2.43	4.6	3.43	3.58
Free Cash Flow per Basic Share	1.28	1.71	1.76	1.94	2.3	2.6	3.21	3.12	3.57	3.9	3.09	2.43	4.6	3.43	3.58
Cash & Equivalents per Share	0.2	0.3	0.24	0.3	0.44	0.47	0.71	0.37	0.58	1.59	1.31	1.24	0.62	0.69	0.36
Book Value per Share	6.02	6.34	7.36	6.97	6.55	6.48	9.76	11.99	12.94	14.69	16.48	17.44	18.85	19.72	21.35
Tangible Book Value per Share	-1.66	-1.27	-0.76	-1.01	-1.81	-2.27	-19.07	-16.16	-14.97	-16.52	-16.88	-15.21	-13.84	-12.8	-11.41