Silgan Holdings Inc. Financial Ratios — SL3 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 (%)	31.89	21.44	25.27	25.62	25.56	27.67	43.65	27.19	20.35	27.13	25.51	20.78	18.07	14.25	13.53
Return on Assets (%)	7.49	4.83	5.61	5.53	5.33	4.84	6.92	4.86	4.08	5.4	5.03	4.51	4.36	3.41	3.21
Return on Capital (%)	13.46	8.7	9.68	9.78	9.81	9.47	- -	9.63	8.52	9.97	8.98	8.22	8.79	7.14	6.6
Return on Invested Capital (%)	13.55	9.9	9.77	9.84	9.83	9.49	- -	9.7	8.58	9.23	9.01	8.26	8.81	7.14	6.56
Gross Margin (%)	14.78	14.42	14.76	15.33	14.72	14.17	15.52	15.5	15.9	17.62	16.18	16.34	16.58	17.28	17.73
EBITDA Margin (%)	14.62	13.67	13.26	13.01	12.27	12.26	12.98	13.57	12.61	14.05	14.56	13.49	14.34	13.49	14.14
Operating Margin (%)	10.31	9.31	9.06	9.59	8.88	8.08	8.05	8.57	8.87	9.95	10.41	10.54	10.08	9.81	10.16
Incremental Operating Margin (%)	12.86	- -	1.66	19.27	27.81	28	7.85	14.49	40.57	21.22	13.43	11.56	17.06	21.92	13.33
Pretax Margin (%)	8.27	6.24	6.87	7.27	6.72	6.42	5.86	6.59	5.62	8.27	8.21	7.4	7.05	5.94	6.3
Profit Margin (%)	5.5	4.22	5	4.66	4.58	4.24	6.59	5.03	4.32	6.27	6.33	5.32	5.44	4.72	4.45
Net Income to Common Margin (%)	5.5	4.22	5	4.66	4.58	4.24	6.59	5.03	4.32	6.27	6.33	5.32	5.44	4.72	4.45
Effective Tax Rate (%)	33.43	32.37	27.21	35.9	31.82	33.88	- -	23.63	23.13	24.16	23	28.11	22.78	20.7	30.17
Dvd Payout Ratio (%)	16.1	22.33	19.53	21.18	23.05	26.66	15.02	19.89	26.23	17.38	17.4	21.11	24.2	29.69	29.74
Sustainable Growth Rate (%)	26.75	16.66	20.34	20.19	19.67	20.29	37.1	21.79	15.01	22.41	21.07	16.39	13.7	10.02	9.5

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	1,376	1,671	1,704	1,584	1,514	1,562	2,547	2,305	2,244	3,251	3,793	3,425	3,427	4,137	4,347
ST Debt	88	255	146	125	152	217	109	170	30	28	20	80	880	717	632
LT Debt	1,288	1,416	1,558	1,459	1,361	1,344	2,439	2,134	2,215	3,223	3,773	3,345	2,546	3,420	3,715
Total Debt/EBITDA	2.68	3.41	3.46	3.11	3.28	3.53	4.8	3.82	3.97	4.7	4.59	3.96	3.99	5.24	4.74
Net Debt/EBITDA	1.91	2.46	3.14	2.68	3.06	3.47	4.7	3.7	3.61	4.11	3.83	3.28	3.24	4.2	3.56
Total Debt/EBIT	3.89	5.13	5.26	4.39	4.73	5.21	7.14	5.59	6.24	6.89	6.58	5.69	5.76	8.05	7.27
Net Debt/EBIT	2.77	3.7	4.76	3.77	4.42	5.13	6.99	5.42	5.68	6.02	5.49	4.72	4.68	6.45	5.46
EBITDA to Interest Expense	8.14	7.78	7.3	6.8	6.9	6.53	4.82	5.19	5.36	6.66	7.62	6.84	4.95	4.75	4.84
EBITDA-CapEx/Interest Expense	8.14	7.78	7.3	6.8	6.9	6.53	4.82	5.19	5.36	6.66	7.62	6.84	4.95	4.75	4.84
EBIT to Interest Expense	5.75	5.3	4.99	5.02	4.99	4.3	2.99	3.28	3.77	4.72	5.45	5.35	3.48	3.45	3.48
Interest Expense	63	63	67	75	67	68	110	116	106	104	108	126	173	166	189
Common Equity/Total Assets	22.09	22.88	21.49	21.68	20.02	14.9	16.49	19.24	20.75	19.24	20.11	23.39	24.82	23.18	24.2
Long-Term Debt/Equity (%)	195.82	187.88	218.21	205.5	212.95	286.41	318.32	242.2	216.41	257.27	241.44	194.7	134.78	171.89	163.36
Long-Term Debt/Capital (%)	63.34	58.39	64.43	63.6	63.23	66.2	73.6	67	67.77	71.56	70.44	65.04	47.9	55.82	56.11
Long-Term Debt/Total Assets (%)	43.25	42.99	46.9	44.56	42.63	42.69	52.49	46.61	44.91	49.5	48.55	45.54	33.46	39.84	39.54
Total Debt/Equity (%)	209.16	221.76	238.68	223.12	236.79	332.67	332.52	261.51	219.33	259.5	242.73	199.36	181.37	207.93	191.13
Total Debt/Capital (%)	67.65	68.92	70.47	69.05	70.31	76.89	76.88	72.34	68.68	72.18	70.82	66.59	64.46	67.52	65.65
Total Debt/Total Assets (%)	46.2	50.75	51.3	48.38	47.41	49.58	54.83	50.33	45.52	49.93	48.81	46.63	45.02	48.19	46.26
Net Debt to Equity	148.81	159.98	216.21	191.77	221.16	327.41	325.53	253.25	199.41	226.82	202.33	165.27	147.34	166.57	143.61
Net Debt/Capital (%)	59.81	61.54	68.38	65.73	68.86	76.6	76.5	71.69	66.6	69.4	66.92	62.3	59.57	62.49	58.95
EBITDA	513	491	492	509	462	443	531	604	566	691	826	865	859	790	917
EBITDA-CapEx	513	491	492	509	462	443	531	604	566	691	826	865	859	790	917
Operating Income (Loss)	362	334	336	375	334	292	329	381	398	490	591	676	604	575	658

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	0.67	0.66	0.26	0.33	0.13	0.03	0.06	0.07	0.2	0.34	0.42	0.41	0.28	0.37	0.44
Current Ratio	2.24	1.96	1.75	1.71	1.34	1.12	1.35	1.2	1.38	1.51	1.52	1.48	1.02	1.12	1.22
Quick Ratio	1.24	1.13	0.8	0.8	0.49	0.36	0.53	0.54	0.7	0.86	0.89	0.86	0.54	0.63	0.68
CFO/Avg Current Liab	0.71	0.54	0.53	0.54	0.46	0.48	0.43	0.5	0.48	0.55	0.41	0.51	0.26	0.32	0.31
Common Equity/Total Assets	22.09	22.88	21.49	21.68	20.02	14.9	16.49	19.24	20.75	19.24	20.11	23.39	24.82	23.18	24.2
Long-Term Debt/Equity (%)	195.82	187.88	218.21	205.5	212.95	286.41	318.32	242.2	216.41	257.27	241.44	194.7	134.78	171.89	163.36
Long-Term Debt/Capital (%)	63.34	58.39	64.43	63.6	63.23	66.2	73.6	67	67.77	71.56	70.44	65.04	47.9	55.82	56.11
Long-Term Debt/Total Assets (%)	43.25	42.99	46.9	44.56	42.63	42.69	52.49	46.61	44.91	49.5	48.55	45.54	33.46	39.84	39.54
Total Debt/Equity (%)	209.16	221.76	238.68	223.12	236.79	332.67	332.52	261.51	219.33	259.5	242.73	199.36	181.37	207.93	191.13
Total Debt/Capital (%)	67.65	68.92	70.47	69.05	70.31	76.89	76.88	72.34	68.68	72.18	70.82	66.59	64.46	67.52	65.65
Total Debt/Total Assets (%)	46.2	50.75	51.3	48.38	47.41	49.58	54.83	50.33	45.52	49.93	48.81	46.63	45.02	48.19	46.26
CFO/Total Liabilities	15.49	13.85	13.45	13.58	13.15	14.72	10.05	13.7	12.98	11.46	8.97	13.3	8.43	10.95	10.25
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	3.44	3.32	3.57	3.92	3.79	3.54	3.15	3.29	3.22	3.03	2.97	3.58	3.08	2.88	2.75

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	12.66	10.77	11.24	12.15	12.72	12.69	11.01	9.21	8.84	8.75	8.53	9.36	9.52	9.81	10.95
Days Sales Outstanding	28.83	33.9	32.47	30.03	28.69	28.75	33.15	39.63	41.31	41.7	42.78	38.98	38.32	37.21	33.32
Inventory Turnover	6.03	5.74	6.13	6.22	5.45	5.04	5.22	5.54	5.96	6.19	6.45	6.84	5.84	5.18	5.31
Days Inventory Outstanding	60.58	63.6	59.55	58.65	66.91	72.45	69.94	65.84	61.27	58.99	56.62	53.36	62.48	70.43	68.71
Accounts Payable Turnover	10.21	9.51	9.42	8.62	7.3	6.26	6.14	5.35	5.24	5.36	5.04	5.06	5.04	4.42	4.64
Accounts Payable Turnover Days	35.73	38.4	38.73	42.34	50	58.26	59.47	68.2	69.62	68.1	72.4	72.1	72.4	82.65	78.63
Cash Conversion Cycle	53.67	59.1	53.28	46.34	45.61	42.94	43.63	37.27	32.96	32.58	27.01	20.24	28.4	24.99	23.41
Inventory to Cash Days	-31.75	-29.69	-27.08	-28.61	-38.22	-43.7	-36.8	-26.21	-19.96	-17.29	-13.84	-14.38	-24.15	-33.21	-35.39
Inventories	554	516	516	549	628	603	721	635	633	678	799	769	941	928	1,080
Raw Materials	192	167	159	185	215	179	233	289	287	270	394	409	465	450	586
Work In Process	117	108	105	115	119	121	124	124	134	167	157	219	219	199	205
Finished Goods	328	330	334	339	372	355	434	335	355	335	394	469	557	530	595
Other Inventory	14	13	14	14	14	16	12	13	13	15	16	16	17	17	17

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	2,687	2,822	3,051	3,459	3,284	2,815	3,213	2,562	3,425	4,035	4,728	5,779	4,844	5,559	4,287
- Cash & Cash Equivalents	397	466	160	223	100	25	54	73	204	409	631	586	643	823	1,081
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	1,376	1,671	1,704	1,584	1,514	1,562	2,547	2,305	2,244	3,251	3,793	3,425	3,427	4,137	4,347
Enterprise Value	3,666	4,028	4,594	4,821	4,697	4,352	5,707	4,794	5,466	6,877	7,890	8,619	7,627	8,873	7,553
Total Capital	2,034	2,425	2,418	2,294	2,153	2,031	3,313	3,186	3,268	4,504	5,356	5,144	5,316	6,126	6,621
Total Debt/Capital (%)	67.65	68.92	70.47	69.05	70.31	76.89	76.88	72.34	68.68	72.18	70.82	66.59	64.46	67.52	65.65
Total Debt / EV	0.38	0.41	0.37	0.33	0.32	0.36	0.45	0.48	0.41	0.47	0.48	0.4	0.45	0.47	0.58
EV/Sales	1.04	1.12	1.24	1.23	1.25	1.2	1.4	1.08	1.22	1.4	1.39	1.34	1.27	1.52	1.16
EV/EBITDA	7.15	8.21	9.34	9.47	10.17	9.83	10.75	7.94	9.66	9.95	9.55	9.97	8.88	11.23	8.24
EV/EBIT	10.35	12.37	14.17	13.36	14.69	14.52	15.99	11.63	15.2	14.56	13.69	14.32	12.81	17.26	12.63
EV/Cash Flow to Firm	9.13	10.21	11.49	12.17	12.32	9.91	- -	8.05	9.29	10.09	12.32	10.27	12.37	10.39	8.76
EV/Free Cash Flow to Firm	9.13	10.21	11.49	12.17	12.32	9.91	- -	8.05	9.29	10.09	12.32	10.27	12.37	10.39	8.76
Diluted Market Cap	2,706	2,850	3,111	3,489	3,334	3,081	3,242	2,590	3,448	4,084	4,760	5,829	4,966	5,575	4,342
Diluted Enterprise Value	3,685	4,055	4,654	4,850	4,747	4,618	5,735	4,822	5,488	6,926	7,922	8,669	7,750	8,889	7,608
EV per Share	26.23	29.1	36.22	38.14	38.89	39.53	51.7	43.41	49.34	62.48	71.46	78.3	71.62	83.08	71.63
TTM Sales	3,509	3,588	3,709	3,912	3,764	3,613	4,090	4,449	4,490	4,922	5,677	6,411	5,988	5,855	6,483
TTM EBITDA	513	491	492	509	462	443	531	604	566	691	826	865	859	790	917
TTM Operating Income	362	334	336	375	334	292	329	381	398	490	591	676	604	575	658
TTM Cash Flow to Firm	402	394	400	396	381	439	- -	595	589	681	640	839	616	854	862
TTM Free Cash Flow to Firm	402	394	400	396	381	439	- -	595	589	681	640	839	616	854	862

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	7.52	8.1	8.87	10.02	9.93	7.81	8.32	5.11	6.8	6.78	8.55	7.79	10.29	7.72	5.95
EV/EBIT	10.35	12.37	14.17	13.36	14.69	14.52	15.99	11.63	15.2	14.56	13.69	14.32	12.81	17.26	12.63
Enterprise Value	3,666	4,028	4,594	4,821	4,697	4,352	5,707	4,794	5,466	6,877	7,890	8,619	7,627	8,873	7,553
Low Price	17.33	19.2	20.85	22.19	24.7	23.57	25.12	22.92	22.59	24.37	35.65	38.18	38.66	41.15	37.3
EV/Sales	1.04	1.12	1.24	1.23	1.25	1.2	1.4	1.08	1.22	1.4	1.39	1.34	1.27	1.52	1.16
EV/EBITDA	7.15	8.21	9.34	9.47	10.17	9.83	10.75	7.94	9.66	9.95	9.55	9.97	8.88	11.23	8.24
Price/Earnings	13.93	18.74	16.67	19.03	19.24	19.97	11.91	11.46	17.7	13.15	13.17	17.01	15.18	20.11	15.01
Price/Earnings Average	14.02	19.51	16.09	17.04	19.06	19.76	12.09	13.36	16.8	12.11	12.53	14.54	15.68	18.57	17.83
Price/Earnings High	16.82	20.53	17.17	19.03	20.9	21.32	13.29	14.83	17.98	14.36	13.62	17.44	18.26	22.26	20.75
Price/Earnings Low	12.56	17.65	14.45	15.43	17.49	18.41	10.28	11.32	12.93	8.74	10.96	12.37	12.91	15.9	13.77
Price/Book Value	4.08	3.74	4.27	4.87	5.14	6	4.19	2.91	3.35	3.22	3.03	3.36	2.56	2.79	1.88
Price/Book Value Average	4.11	3.9	4.12	4.36	5.09	5.94	4.26	3.39	3.18	2.96	2.88	2.87	2.65	2.58	2.24
Price/Book Value High	4.93	4.1	4.4	4.87	5.58	6.4	4.68	3.76	3.4	3.52	3.13	3.45	3.08	3.09	2.6
Price/Book Value Low	3.68	3.53	3.7	3.95	4.67	5.53	3.62	2.87	2.45	2.14	2.52	2.45	2.18	2.21	1.73
Price/Tangible Book Value	15.65	39.81	-18.34	-26.19	-19.47	-8.91	-3.91	-3.94	-7.23	-3.58	-3.62	-5.61	-5.7	-4.65	-3.85
Price/Tangible Book Value Average	15.76	41.43	-17.7	-23.46	-19.28	-8.81	-3.96	-4.59	-6.87	-3.3	-3.45	-4.79	-5.89	-4.29	-4.58
Price/Tangible Book Value High	18.9	43.61	-18.88	-26.19	-21.14	-9.51	-4.36	-5.1	-7.35	-3.91	-3.74	-5.75	-6.85	-5.14	-5.32
Price/Tangible Book Value Low	14.11	37.49	-15.89	-21.24	-17.69	-8.21	-3.37	-3.89	-5.28	-2.38	-3.01	-4.08	-4.84	-3.67	-3.54
Price/Sales	0.77	0.79	0.83	0.89	0.88	0.85	0.79	0.58	0.76	0.83	0.83	0.9	0.83	0.95	0.67
Price/Sales Average	0.77	0.82	0.8	0.79	0.87	0.84	0.8	0.67	0.73	0.76	0.79	0.77	0.85	0.88	0.79
Price/Sales High	0.93	0.87	0.86	0.89	0.96	0.9	0.88	0.75	0.78	0.9	0.86	0.93	0.99	1.05	0.92
Price/Sales Low	0.69	0.74	0.72	0.72	0.8	0.78	0.68	0.57	0.56	0.55	0.69	0.66	0.7	0.75	0.61
Price/Cash Flow	7.48	8.07	8.81	9.97	9.88	7.76	8.24	5.07	6.76	6.74	8.49	7.75	10.25	7.7	5.93
Price/Cash Flow Average	7.53	8.4	8.51	8.93	9.79	7.68	8.36	5.91	6.42	6.21	8.08	6.62	10.59	7.11	7.05
Price/Cash Flow High	9.03	8.84	9.07	9.97	10.73	8.29	9.19	6.56	6.87	7.36	8.78	7.94	12.33	8.52	8.2
Price/Cash Flow Low	6.75	7.6	7.64	8.08	8.98	7.15	7.11	5	4.94	4.48	7.07	5.64	8.72	6.09	5.44
Price/Free Cash Flow Average	7.58	8.43	8.56	8.97	9.84	7.73	8.44	5.96	6.45	6.24	8.14	6.66	10.63	7.13	7.07
Price/Free Cash Flow High	9.08	8.88	9.13	10.02	10.78	8.34	9.28	6.62	6.9	7.4	8.84	7.98	12.38	8.55	8.22
Price/Free Cash Flow Low	6.78	7.63	7.69	8.12	9.02	7.2	7.18	5.05	4.96	4.51	7.12	5.66	8.75	6.11	5.46
EV/Sales Average	1.05	1.15	1.21	1.14	1.24	1.2	1.41	1.17	1.18	1.33	1.35	1.21	1.3	1.44	1.29
EV/Sales High	1.2	1.2	1.26	1.23	1.32	1.26	1.49	1.25	1.23	1.47	1.42	1.37	1.44	1.62	1.42
EV/Sales Low	0.97	1.08	1.13	1.07	1.17	1.14	1.29	1.07	1.01	1.12	1.25	1.1	1.15	1.32	1.11
EV/EBITDA Average	7.18	8.45	9.12	8.76	10.1	9.76	10.83	8.64	9.35	9.48	9.27	9	9.07	10.69	9.11
EV/EBITDA High	8.23	8.76	9.52	9.47	10.78	10.26	11.45	9.19	9.75	10.48	9.74	10.13	10.03	11.98	10.02
EV/EBITDA Low	6.63	7.88	8.51	8.19	9.52	9.33	9.92	7.89	8.03	7.99	8.59	8.14	8.04	9.76	7.85
EV/EBIT Average	10.4	12.73	13.84	12.36	14.59	14.42	16.12	12.66	14.72	13.88	13.3	12.92	13.08	16.43	13.98
EV/EBIT High	11.92	13.2	14.45	13.36	15.57	15.16	17.03	13.46	15.36	15.35	13.98	14.56	14.46	18.41	15.37
EV/EBIT Low	9.6	11.87	12.92	11.55	13.75	13.79	14.75	11.56	12.64	11.7	12.32	11.7	11.59	15	12.04
Last Price	19.22	20.39	24.05	27.37	27.19	25.57	29.11	23.2	30.92	36.66	42.82	52.5	45.48	52.05	40.65
High Price	23.21	22.33	24.77	27.37	29.53	27.3	32.47	30.03	31.41	40.02	44.31	53.8	54.7	57.6	56.18
Enterprise Value Average	3,684	4,143	4,487	4,459	4,667	4,323	5,754	5,219	5,291	6,556	7,663	7,780	7,788	8,445	8,357
Enterprise Value High	4,223	4,297	4,684	4,821	4,980	4,543	6,078	5,548	5,521	7,247	8,053	8,763	8,609	9,465	9,190
Enterprise Value Low	3,401	3,863	4,188	4,167	4,398	4,133	5,267	4,762	4,543	5,524	7,098	7,043	6,902	7,709	7,199

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	140	138	127	126	121	110	110	110	111	110	110	110	106	107	105
Diluted Weighted Avg Shares	141	140	129	127	123	120	111	112	112	111	111	111	109	107	107
Basic Weighted Avg Shares	140	139	129	127	122	120	110	111	111	111	110	110	109	107	106
Revenue per Share	25.07	25.79	28.86	30.84	30.84	30.18	37.06	40.22	40.47	44.43	51.42	58.04	55.04	54.82	60.87
EBITDA per Share	3.66	3.53	3.83	4.01	3.79	3.7	4.81	5.46	5.1	6.24	7.49	7.83	7.89	7.4	8.61
Operating Income per Share	2.58	2.4	2.62	2.96	2.74	2.44	2.98	3.45	3.59	4.42	5.35	6.12	5.55	5.38	6.18
Basic EPS, GAAP	1.38	1.09	1.44	1.44	1.41	1.28	2.44	2.03	1.75	2.79	3.25	3.09	3	2.59	2.71
Basic EPS from Cont Ops	1.38	1.09	1.44	1.44	1.41	1.28	2.44	2.03	1.75	2.79	3.25	3.09	3	2.59	2.71
Diluted EPS, GAAP	1.37	1.08	1.43	1.43	1.41	1.27	2.42	2.01	1.74	2.77	3.23	3.07	2.99	2.58	2.7
Diluted EPS from Cont Ops	1.37	1.08	1.43	1.43	1.41	1.27	2.42	2.01	1.74	2.77	3.23	3.07	2.99	2.58	2.7
Dividend per Share	0.22	0.24	0.28	0.3	0.33	0.34	0.37	0.4	0.46	0.48	0.57	0.65	0.73	0.77	0.81
Cash Flow per Share	2.57	2.53	2.73	2.75	2.75	3.3	3.53	4.58	4.57	5.44	5.04	6.78	4.44	6.76	6.85
Free Cash Flow per Basic Share	2.57	2.53	2.73	2.75	2.75	3.3	3.53	4.58	4.57	5.44	5.04	6.78	4.44	6.76	6.85
Cash & Equivalents per Share	2.84	3.36	1.27	1.76	0.83	0.22	0.48	0.66	1.84	3.72	5.72	5.32	6.04	7.71	10.25
Book Value per Share	4.71	5.45	5.63	5.62	5.29	4.26	6.94	7.98	9.24	11.38	14.15	15.61	17.74	18.63	21.57
Tangible Book Value per Share	1.23	0.51	-1.31	-1.04	-1.4	-2.87	-7.45	-5.89	-4.27	-10.23	-11.83	-9.36	-7.98	-11.2	-10.55