Strategic Education, Inc. Financial Ratios — SQE 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 (%)	97.16	158.33	41.12	70.43	33.98	21.01	10.37	-1.92	5.62	5.37	3.18	2.79	4.24	6.8	7.65
Return on Assets (%)	32.94	28.73	6.81	16.49	14.39	12.72	6.65	-1.58	4.7	4.22	2.39	2.09	3.26	5.4	6.19
Return on Capital (%)	63.74	41.27	11.89	26.44	23.63	20.88	10.35	- -	5.42	4.79	2.7	2.37	3.71	6.17	7.15
Return on Invested Capital (%)	66.48	43.07	12.42	27.53	24.55	21.73	10.67	- -	4.93	4.7	2.67	2.46	3.59	6.1	7.22
Gross Margin (%)	53.46	46.6	38.35	47.02	46.11	45.11	40.87	41.41	46.79	48.17	46.25	43.94	44.93	46.68	48.97
EBITDA Margin (%)	31.98	24.48	13.56	22.95	20.21	17.07	15.6	5.01	21.6	21.27	15.67	12.57	13.47	16.39	17.56
Operating Margin (%)	28.55	20.21	6.49	18.33	16.04	12.3	12.44	6.77	13.28	13.19	9.77	6.94	9.98	12.89	15.47
Incremental Operating Margin (%)	393.93	100.15	138.55	- -	103.83	- -	16.83	- -	24.67	10.1	- -	55.27	58.02	50.75	80.48
Pretax Margin (%)	27.97	19.39	5.42	17.18	15.22	12.99	11.57	-3.02	12.41	11.09	6.77	6.53	8.89	13.23	13.99
Profit Margin (%)	16.9	11.73	3.26	10.39	9.21	7.89	4.53	-2.47	8.14	8.39	4.87	4.38	6.16	9.24	9.98
Net Income to Common Margin (%)	16.9	11.73	3.26	10.39	9.21	7.89	4.53	-2.47	8.14	8.39	4.87	4.38	6.16	9.24	9.98
Effective Tax Rate (%)	39.58	39.5	39.8	39.5	39.48	39.26	60.85	- -	34.42	24.3	28.08	32.92	30.71	30.2	28.63
Dvd Payout Ratio (%)	46.31	71.79	- -	- -	- -	- -	55.39	-177.67	57.46	64.86	107.18	126.93	84.22	52.33	45.45
Sustainable Growth Rate (%)	52.17	44.67	41.12	70.43	33.98	21.01	4.63	-5.32	2.39	1.89	-0.23	-0.75	0.67	3.24	4.17

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	122	128	123	120	3	3	3	2	106	283	331	259	213	125	109
ST Debt	28	3	3	6	- -	- -	- -	- -	25	35	27	24	24	22	16
LT Debt	94	125	120	114	3	3	3	2	81	248	304	235	189	103	93
Total Debt/EBITDA	0.61	0.93	1.81	1.17	0.04	0.04	0.04	0.07	0.49	1.29	1.87	1.94	1.4	0.63	0.49
Net Debt/EBITDA	0.3	0.56	0.4	-0.43	-1.22	-1.72	-2.2	-9.8	-1.95	-0.21	-0.72	-0.84	-0.7	-0.69	-0.63
Total Debt/EBIT	0.68	1.13	3.77	1.47	0.04	0.05	0.05	-0.1	0.96	2.59	4.48	3.66	2.24	0.8	0.63
Net Debt/EBIT	0.34	0.68	0.83	-0.53	-1.53	-2.25	-2.99	13.71	-3.8	-0.42	-1.72	-1.59	-1.12	-0.88	-0.81
EBITDA to Interest Expense	53.19	29.8	12.6	19.51	22.81	117.27	110.5	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	45.24	24.44	10.99	18.19	19.51	96.77	82.38	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	47.48	24.61	6.03	15.58	18.1	84.52	88.12	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	4	5	5	5	4	1	1	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	18.3	17.99	15.3	30.13	57.5	63.07	65.11	85.8	81.74	76.15	74.33	75.67	77.76	81.11	80.76
Long-Term Debt/Equity (%)	222.47	305.03	308.73	122.46	2.19	1.42	1.35	0.16	5.51	14.18	17.76	14.39	11.45	6.2	5.66
Long-Term Debt/Capital (%)	57.41	73.92	74.08	53.43	2.14	1.4	1.34	0.16	5.14	12.21	14.88	12.42	10.14	5.76	5.31
Long-Term Debt/Total Assets (%)	40.71	54.89	47.24	36.89	1.26	0.9	0.88	0.14	4.5	10.8	13.2	10.89	8.9	5.03	4.57
Total Debt/Equity (%)	287.49	312.65	316.77	129.2	2.19	1.42	1.35	0.16	7.24	16.17	19.34	15.85	12.91	7.53	6.63
Total Debt/Capital (%)	74.19	75.77	76.01	56.37	2.14	1.4	1.34	0.16	6.75	13.92	16.2	13.68	11.43	7	6.22
Total Debt/Total Assets (%)	52.61	56.26	48.46	38.92	1.26	0.9	0.88	0.14	5.91	12.32	14.37	11.99	10.04	6.11	5.35
Net Debt to Equity	142.73	189.04	69.7	-46.94	-74.82	-68.61	-74.54	-21.87	-28.69	-2.61	-7.43	-6.86	-6.48	-8.25	-8.55
Net Debt/Capital (%)	56.55	63.71	40.25	-86.62	-273.43	-209.09	-277.98	-27.94	-36.53	-2.48	-7.16	-6.68	-6.31	-8.3	-8.72
EBITDA	201	138	68	102	88	75	71	32	215	219	177	134	153	200	223
EBITDA-CapEx	171	113	60	95	75	62	53	4	177	172	128	91	116	159	178
Operating Income (Loss)	179	114	33	82	70	54	57	43	132	136	111	74	113	157	196

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	0.74	1.1	2.1	2.88	1.86	2.16	2.26	2.79	2.9	0.98	1.41	1.06	0.99	0.85	0.68
Current Ratio	1.23	2.08	2.82	3.49	2.3	2.68	2.76	3.36	3.34	1.43	1.88	1.57	1.57	1.41	1.27
Quick Ratio	1.07	1.75	2.45	3.18	2.18	2.5	2.59	3.23	3.23	1.23	1.67	1.36	1.36	1.2	1.05
CFO/Avg Current Liab	1.02	1.37	1.91	1.54	1.36	0.76	0.87	0.48	1.43	0.8	0.91	0.62	0.56	0.79	0.91
Common Equity/Total Assets	18.3	17.99	15.3	30.13	57.5	63.07	65.11	85.8	81.74	76.15	74.33	75.67	77.76	81.11	80.76
Long-Term Debt/Equity (%)	222.47	305.03	308.73	122.46	2.19	1.42	1.35	0.16	5.51	14.18	17.76	14.39	11.45	6.2	5.66
Long-Term Debt/Capital (%)	57.41	73.92	74.08	53.43	2.14	1.4	1.34	0.16	5.14	12.21	14.88	12.42	10.14	5.76	5.31
Long-Term Debt/Total Assets (%)	40.71	54.89	47.24	36.89	1.26	0.9	0.88	0.14	4.5	10.8	13.2	10.89	8.9	5.03	4.57
Total Debt/Equity (%)	287.49	312.65	316.77	129.2	2.19	1.42	1.35	0.16	7.24	16.17	19.34	15.85	12.91	7.53	6.63
Total Debt/Capital (%)	74.19	75.77	76.01	56.37	2.14	1.4	1.34	0.16	6.75	13.92	16.2	13.68	11.43	7	6.22
Total Debt/Total Assets (%)	52.61	56.26	48.46	38.92	1.26	0.9	0.88	0.14	5.91	12.32	14.37	11.99	10.04	6.11	5.35
CFO/Total Liabilities	81.74	43.93	39.05	36.25	73.45	40.36	50.1	19.88	61.88	26.1	30.5	23.97	24.78	43.73	50.54
CFO/CapEx	5.15	3.32	9.64	11.3	6.11	3.38	3.11	1.7	5.22	3.05	3.65	2.92	3.17	4.17	4.48
Altman's Z-Score	9.46	6.81	4.11	5.56	7.69	8.45	8.8	8.22	8.9	5.3	4.05	4.81	5.89	7.08	7.08

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	5.59	23.29	25.76	27.21	24.5	22.59	20.84	16.09	18.6	20.21	22.31	18.65	16.29	16.03	16.44
Days Sales Outstanding	65.33	15.67	14.17	13.41	14.9	16.16	17.52	22.68	19.62	18.06	16.36	19.57	22.4	22.77	22.21
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	1,156	640	380	809	683	922	998	2,381	3,395	2,268	1,407	1,960	2,250	2,245	1,822
- Cash & Cash Equivalents	57	48	95	162	107	129	156	312	420	188	269	214	168	137	141
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	122	128	123	120	3	3	3	2	106	283	331	259	213	125	109
Enterprise Value	1,220	721	409	767	580	796	845	2,035	3,047	2,356	1,463	1,996	2,255	2,186	1,783
Total Capital	164	169	162	213	146	191	212	1,428	1,569	2,031	2,045	1,895	1,866	1,788	1,756
Total Debt/Capital (%)	74.19	75.77	76.01	56.37	2.14	1.4	1.34	0.16	6.75	13.92	16.2	13.68	11.43	7	6.22
Total Debt / EV	0.1	0.18	0.3	0.16	0.01	- -	- -	- -	0.03	0.12	0.23	0.13	0.09	0.06	0.06
EV/Sales	1.94	1.28	0.81	1.72	1.33	1.8	1.86	3.21	3.06	2.29	1.29	1.87	1.99	1.79	1.41
EV/EBITDA	6.08	5.24	5.99	7.49	6.6	10.57	11.92	63.98	14.15	10.78	8.25	14.91	14.77	10.93	8.01
EV/EBIT	6.81	6.35	12.5	9.38	8.32	13.85	16.19	- -	27.56	21.54	19.79	28.21	23.65	14.05	10.23
EV/Cash Flow to Firm	7.79	8.49	4.68	9.45	7.26	17.72	14.99	- -	15.07	16.49	8.1	15.84	19.25	12.91	8.99
EV/Free Cash Flow to Firm	9.63	11.99	5.2	10.33	8.63	25.07	22.04	- -	18.64	24.52	11.16	24.09	28.12	16.98	11.58
Diluted Market Cap	1,170	643	374	790	666	902	1,001	1,730	3,416	2,123	1,380	1,927	2,208	2,211	1,856
Diluted Enterprise Value	1,235	724	403	748	562	775	848	1,384	3,067	2,211	1,436	1,964	2,213	2,153	1,817
EV per Share	103.46	63.3	37.86	70.32	52.56	71.74	75.69	93.57	138.71	96.48	59.49	81.8	92.38	89.21	77.61
TTM Sales	627	562	504	446	434	441	455	634	997	1,028	1,132	1,065	1,133	1,220	1,268
TTM EBITDA	201	138	68	102	88	75	71	32	215	219	177	134	153	200	223
TTM Operating Income	179	114	33	82	70	54	57	43	132	136	111	74	113	157	196
TTM Cash Flow to Firm	157	85	87	81	80	45	56	- -	202	143	181	126	117	169	198
TTM Free Cash Flow to Firm	127	60	79	74	67	32	38	- -	163	96	131	83	80	129	154

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	9.41	11.22	4.96	11.12	10.26	28.75	26.27	89.56	20.9	22.1	10.53	23.25	27.54	17.18	12.06
EV/EBIT	6.81	6.35	12.5	9.38	8.32	13.85	16.19	- -	27.56	21.54	19.79	28.21	23.65	14.05	10.23
Enterprise Value	1,220	721	409	767	580	796	845	2,035	3,047	2,356	1,463	1,996	2,255	2,186	1,783
Low Price	73.04	43.23	33.78	33.25	41.01	42.47	72.28	86.65	106.2	81.75	52.23	47.7	63.63	84.66	72.36
EV/Sales	1.94	1.28	0.81	1.72	1.33	1.8	1.86	3.21	3.06	2.29	1.29	1.87	1.99	1.79	1.41
EV/EBITDA	6.08	5.24	5.99	7.49	6.6	10.57	11.92	63.98	14.15	10.78	8.25	14.91	14.77	10.93	8.01
Price/Earnings	11	9.71	22.7	16.91	16.39	25.35	46.32	- -	41.39	24.37	24.88	40.75	30.91	19.03	14.25
Price/Earnings Average	12.89	14.47	30.15	12.43	14.54	15.95	44.33	- -	39.52	34.09	33.07	33.46	27.32	20.78	14.98
Price/Earnings High	17.08	20.59	40.91	18.19	19.58	25.42	51.45	- -	50.39	48.2	41.64	41.41	32.2	25.48	18.43
Price/Earnings Low	8.2	7.47	21.76	7.58	10.85	12.95	37.45	- -	28.43	21.45	22.71	24.2	21.34	17.59	13
Price/Book Value	27.32	15.62	9.78	8.73	4.78	4.9	4.77	1.67	2.32	1.3	0.82	1.2	1.36	1.35	1.11
Price/Book Value Average	32.01	23.27	12.99	6.42	4.24	3.08	4.57	1.73	2.22	1.81	1.09	0.98	1.2	1.47	1.16
Price/Book Value High	42.42	33.11	17.62	9.39	5.71	4.91	5.3	2.26	2.83	2.57	1.37	1.22	1.42	1.81	1.43
Price/Book Value Low	20.37	12.01	9.37	3.91	3.17	2.5	3.86	1.32	1.59	1.14	0.75	0.71	0.94	1.25	1.01
Price/Tangible Book Value	32.56	18.72	11.85	9.42	5.02	5.5	5.51	6.54	7.42	21.94	9.27	15.81	15.1	10.66	11.77
Price/Tangible Book Value Average	38.14	27.89	15.74	6.93	4.46	3.46	5.27	6.77	7.08	30.69	12.33	12.98	13.35	11.64	12.37
Price/Tangible Book Value High	50.55	39.69	21.35	10.13	6	5.52	6.12	8.85	9.03	43.4	15.52	16.07	15.73	14.27	15.22
Price/Tangible Book Value Low	24.27	14.4	11.36	4.22	3.32	2.81	4.45	5.17	5.1	19.31	8.46	9.39	10.42	9.85	10.74
Price/Sales	1.86	1.14	0.74	1.76	1.51	2	2.1	2.62	3.37	2.05	1.21	1.78	1.9	1.76	1.42
Price/Sales Average	2.18	1.7	0.98	1.29	1.34	1.26	2.01	2.72	3.22	2.86	1.61	1.47	1.68	1.92	1.5
Price/Sales High	2.89	2.42	1.33	1.89	1.8	2.01	2.33	3.55	4.1	4.05	2.03	1.81	1.98	2.35	1.84
Price/Sales Low	1.39	0.88	0.71	0.79	1	1.02	1.7	2.08	2.31	1.8	1.11	1.06	1.31	1.62	1.3
Price/Cash Flow	7.56	7.8	4.43	10.05	8.46	19.82	17	35.49	16.61	14.71	7.59	15.09	18.42	12.66	9.1
Price/Cash Flow Average	8.85	11.62	5.89	7.39	7.51	12.46	16.27	36.76	15.86	20.58	10.09	12.39	16.28	13.83	9.57
Price/Cash Flow High	11.74	16.54	7.99	10.81	10.11	19.87	18.88	48.07	20.23	29.1	12.71	15.33	19.19	16.95	11.77
Price/Cash Flow Low	5.63	6	4.25	4.5	5.6	10.12	13.74	28.09	11.41	12.95	6.93	8.96	12.71	11.7	8.3
Price/Free Cash Flow Average	11.02	16.71	6.6	8.18	9.1	18.09	25.15	92.75	19.95	30.91	13.99	19.1	24.34	18.76	12.67
Price/Free Cash Flow High	14.61	23.78	8.95	11.96	12.26	28.84	29.19	121.31	25.44	43.7	17.62	23.63	28.69	23	15.59
Price/Free Cash Flow Low	7.01	8.63	4.76	4.98	6.79	14.69	21.24	70.87	14.36	19.45	9.61	13.81	19.01	15.87	11
EV/Sales Average	2.26	1.84	1.06	1.24	1.16	1.03	1.76	3.34	2.9	3.17	1.7	1.54	1.76	1.96	1.48
EV/Sales High	2.96	2.56	1.42	1.86	1.64	1.81	2.1	4.54	3.8	4.45	2.13	1.9	2.07	2.42	1.83
EV/Sales Low	1.48	1.02	0.78	0.72	0.8	0.78	1.44	2.42	1.99	2.03	1.18	1.13	1.38	1.65	1.28
EV/EBITDA Average	7.07	7.52	7.82	5.4	5.72	6.03	11.31	66.64	13.43	14.92	10.86	12.29	13.06	11.96	8.43
EV/EBITDA High	9.26	10.45	10.46	8.09	8.11	10.61	13.48	90.51	17.57	20.93	13.6	15.15	15.39	14.73	10.41
EV/EBITDA Low	4.61	4.16	5.76	3.13	3.97	4.58	9.22	48.35	9.21	9.54	7.56	8.97	10.21	10.08	7.29
EV/EBIT Average	7.92	9.11	16.32	6.76	7.21	7.89	15.37	- -	26.18	29.81	26.06	23.26	20.92	15.37	10.77
EV/EBIT High	10.38	12.66	21.83	10.13	10.22	13.89	18.31	- -	34.25	41.81	32.62	28.66	24.64	18.93	13.3
EV/EBIT Low	5.17	5.04	12.02	3.92	5	6	12.53	- -	17.95	19.05	18.14	16.97	16.35	12.95	9.32
Last Price	98	56.22	35.22	74.22	61.97	83.15	89.4	109.51	154.59	92.89	57.21	80.31	92.17	91.61	79.31
High Price	152.15	119.17	63.48	79.85	74.01	83.39	99.32	148.33	188.21	183.72	95.76	81.62	96.03	122.65	102.55
Enterprise Value Average	1,418	1,034	534	553	502	454	803	2,119	2,893	3,261	1,926	1,646	1,994	2,392	1,876
Enterprise Value High	1,859	1,438	714	828	712	799	956	2,879	3,785	4,574	2,411	2,028	2,349	2,946	2,317
Enterprise Value Low	926	573	393	320	348	345	654	1,538	1,984	2,084	1,340	1,200	1,558	2,016	1,623

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	12	11	11	11	11	11	11	22	22	24	25	24	24	25	23
Diluted Weighted Avg Shares	12	11	11	11	11	11	11	16	22	23	24	24	24	24	23
Basic Weighted Avg Shares	12	11	11	11	11	11	11	15	22	23	24	24	23	23	23
Revenue per Share	52.7	49.34	47.58	42.23	41.03	41.57	42.6	41.75	45.9	45.41	47.24	45	48.41	52.12	55.75
EBITDA per Share	16.85	12.08	6.45	9.69	8.29	7.1	6.64	2.09	9.91	9.66	7.4	5.65	6.52	8.55	9.79
Operating Income per Share	15.05	9.97	3.09	7.74	6.58	5.11	5.3	2.83	6.1	5.99	4.62	3.12	4.83	6.72	8.62
Basic EPS, GAAP	8.91	5.79	1.55	4.39	3.78	3.28	1.93	-1.03	3.73	3.81	2.3	1.97	2.98	4.81	5.57
Basic EPS from Cont Ops	8.91	5.79	1.55	4.39	3.78	3.28	1.93	-1.03	3.73	3.81	2.3	1.97	2.98	4.81	5.57
Diluted EPS, GAAP	8.88	5.76	1.55	4.35	3.73	3.21	1.84	-0.99	3.67	3.77	2.28	1.94	2.91	4.67	5.41
Diluted EPS from Cont Ops	8.88	5.76	1.55	4.35	3.73	3.21	1.84	-0.99	3.67	3.77	2.28	1.94	2.91	4.67	5.41
Dividend per Share	4.12	4.16	- -	- -	- -	- -	1.07	1.83	2.15	2.47	2.46	2.5	2.51	2.52	2.53
Cash Flow per Share	12.97	7.2	7.95	7.38	7.32	4.2	5.26	3.09	9.3	6.31	7.54	5.32	5	7.23	8.71
Free Cash Flow per Basic Share	10.45	5.03	7.12	6.73	6.13	2.96	3.57	1.27	7.52	4.25	5.47	3.5	3.43	5.5	6.77
Cash & Equivalents per Share	4.85	4.17	8.78	14.88	9.69	11.65	13.96	16.04	20.7	7.99	11.2	9.13	8.53	7.51	6.45
Book Value per Share	3.59	3.6	3.6	8.5	12.95	16.98	18.73	65.55	66.59	71.6	69.7	67.03	67.71	67.85	71.68
Tangible Book Value per Share	3.01	3	2.97	7.88	12.34	15.11	16.23	16.76	20.83	4.23	6.17	5.08	6.11	8.59	6.74