Universal Health Services, Inc. Financial Ratios — UHS 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 (%)	18.63	17.7	17.13	15.61	17.04	15.99	15.8	15.02	14.96	15.97	15.98	11.25	11.89	17.82	21.36
Return on Assets (%)	5.24	5.59	6.19	6.31	7.32	7.05	7.14	7.08	7.11	7.51	7.46	5.08	5.23	8.03	9.93
Return on Capital (%)	7.33	7.44	7.94	7.79	8.81	8.7	9.24	9.43	9.59	9.91	9.92	7.19	7.67	10.85	13.03
Return on Invested Capital (%)	9.29	9.25	9.46	9.67	10.67	9.82	9.66	9.68	9.68	9.96	9.58	6.83	7.79	11.06	12.35
Gross Margin (%)	88.08	88.51	88.86	89.08	89.23	89.44	89.38	89.15	89	88.86	88.71	89	89.27	89.97	90.45
EBITDA Margin (%)	17.65	17.97	18.36	17.54	18.33	17.39	16.6	15.12	15	16.17	15	11.83	12.21	14.32	15.05
Operating Margin (%)	13.27	13.53	12.95	13.06	13.75	13.07	12.3	10.91	10.69	11.75	10.78	7.49	8.23	10.63	11.48
Incremental Operating Margin (%)	21.04	22.16	3.13	13.99	20.52	4.5	0.64	- -	6.71	78.86	0.44	- -	19.47	32.76	20.31
Pretax Margin (%)	10.3	10.97	11.8	11.33	12.67	11.84	10.9	9.6	9.37	10.83	10.23	6.46	6.58	9.46	11.36
Profit Margin (%)	5.89	6.37	6.93	6.65	7.53	7.19	7.23	7.24	7.16	8.17	7.84	5.04	5.03	7.22	8.57
Net Income to Common Margin (%)	5.89	6.37	6.93	6.65	7.53	7.19	7.23	7.24	7.16	8.17	7.84	5.04	5.03	7.22	8.57
Effective Tax Rate (%)	35.54	35.96	36.27	34.92	34.49	35.39	32.04	22.87	22.39	23.9	23.64	24.16	23.51	22.35	23.37
Dvd Payout Ratio (%)	3.9	10.92	3.28	4.46	4.82	4.91	4.83	4.58	6.31	1.8	6.7	9.16	7.7	4.51	3.34
Sustainable Growth Rate (%)	17.9	15.77	16.57	14.92	16.22	15.21	15.04	14.34	14.02	15.68	14.91	10.22	10.98	17.02	20.64

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	3,654	3,730	3,309	3,279	3,431	4,136	4,040	3,999	4,311	4,194	4,559	5,271	5,367	4,955	5,167
ST Debt	2	3	99	68	63	106	546	63	144	392	113	149	198	115	821
LT Debt	3,651	3,727	3,210	3,210	3,369	4,030	3,494	3,935	4,167	3,803	4,447	5,122	5,168	4,841	4,345
Total Debt/EBITDA	3.06	2.98	2.45	2.28	2.07	2.44	2.34	2.46	2.53	2.24	2.4	3.32	3.08	2.19	1.98
Net Debt/EBITDA	3.03	2.96	2.43	2.26	2.03	2.42	2.29	2.39	2.3	1.41	2.15	2.97	2.75	1.93	1.77
Total Debt/EBIT	4.07	3.96	3.26	3.08	2.72	3.23	3.16	3.4	3.55	3.09	3.34	5.25	4.57	2.95	2.59
Net Debt/EBIT	4.03	3.93	3.24	3.05	2.68	3.2	3.1	3.31	3.23	1.94	2.99	4.69	4.08	2.6	2.31
EBITDA to Interest Expense	7.25	9.53	12.2	14.43	17.19	15.65	12.9	11.05	10.49	17.58	22.66	12.49	8.44	12.42	17.16
EBITDA-CapEx/Interest Expense	5.34	2.74	8.85	6.05	7.73	5	8.35	5.54	6.46	10.68	12.44	6.71	4.84	7.25	10.33
EBIT to Interest Expense	5.46	7.17	8.6	10.75	12.9	11.76	9.56	7.98	7.47	12.78	16.29	7.91	5.69	9.21	13.1
Interest Expense	164	131	111	100	96	109	134	147	163	106	84	127	207	183	152
Common Equity/Total Assets	29.96	33.09	39.1	41.63	44.2	43.94	46.36	47.84	47.17	46.87	46.51	43.88	44.02	46.07	46.86
Long-Term Debt/Equity (%)	142.33	124.24	91.23	79.65	74.01	87.48	69.08	71.94	74.63	59.35	71.74	85.8	83.33	71.58	58.64
Long-Term Debt/Capital (%)	58.71	55.38	47.01	43.92	42.2	46.1	38.41	41.56	42.11	35.87	41.33	45.56	44.68	41.31	34.55
Long-Term Debt/Total Assets (%)	47.64	45.45	38.62	35.77	35.03	39.06	32.47	34.93	35.71	28.22	33.96	37.96	37	33.45	27.98
Total Debt/Equity (%)	142.43	124.32	94.05	81.34	75.39	89.78	79.87	73.1	77.21	65.47	73.56	88.3	86.53	73.27	69.73
Total Debt/Capital (%)	58.75	55.42	48.47	44.86	42.98	47.31	44.4	42.23	43.57	39.57	42.38	46.89	46.39	42.29	41.08
Total Debt/Total Assets (%)	47.67	45.48	39.81	36.53	35.69	40.09	37.54	35.49	36.94	31.12	34.82	39.06	38.42	34.25	33.27
Net Debt to Equity	140.82	123.54	93.56	80.54	74.04	89.05	78.4	71.18	70.26	41.08	65.74	78.81	77.28	64.74	62.28
Net Debt/Capital (%)	58.48	55.27	48.34	44.61	42.54	47.1	43.95	41.58	39.9	28.07	38.29	42.24	41.86	37.77	37.1
EBITDA	1,193	1,251	1,353	1,439	1,658	1,698	1,728	1,628	1,706	1,869	1,896	1,585	1,743	2,267	2,613
EBITDA-CapEx	878	360	982	603	745	543	1,119	817	1,051	1,135	1,041	851	1,000	1,323	1,573
Operating Income (Loss)	897	942	954	1,072	1,244	1,276	1,280	1,175	1,216	1,358	1,363	1,004	1,175	1,682	1,994

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	0.02	0.03	0.06	0.03	0.04	0.07	0.04	0.49	0.06	0.05	0.06	0.06	0.04
Current Ratio	1.63	1.57	1.35	1.37	1.56	1.28	0.97	1.34	1.23	1.32	1.14	1.33	1.4	1.27	1.05
Quick Ratio	1.21	1.22	1.07	1.11	1.24	1.12	0.85	1.11	1.04	1.19	0.94	1.11	1.17	1.04	0.85
CFO/Avg Current Liab	0.85	0.92	0.91	0.92	0.94	1.1	0.79	0.77	0.96	1.17	0.4	0.51	0.65	0.98	0.68
Common Equity/Total Assets	29.96	33.09	39.1	41.63	44.2	43.94	46.36	47.84	47.17	46.87	46.51	43.88	44.02	46.07	46.86
Long-Term Debt/Equity (%)	142.33	124.24	91.23	79.65	74.01	87.48	69.08	71.94	74.63	59.35	71.74	85.8	83.33	71.58	58.64
Long-Term Debt/Capital (%)	58.71	55.38	47.01	43.92	42.2	46.1	38.41	41.56	42.11	35.87	41.33	45.56	44.68	41.31	34.55
Long-Term Debt/Total Assets (%)	47.64	45.45	38.62	35.77	35.03	39.06	32.47	34.93	35.71	28.22	33.96	37.96	37	33.45	27.98
Total Debt/Equity (%)	142.43	124.32	94.05	81.34	75.39	89.78	79.87	73.1	77.21	65.47	73.56	88.3	86.53	73.27	69.73
Total Debt/Capital (%)	58.75	55.42	48.47	44.86	42.98	47.31	44.4	42.23	43.57	39.57	42.38	46.89	46.39	42.29	41.08
Total Debt/Total Assets (%)	47.67	45.48	39.81	36.53	35.69	40.09	37.54	35.49	36.94	31.12	34.82	39.06	38.42	34.25	33.27
CFO/Total Liabilities	13.94	15.37	18.45	20.95	21.1	23.36	21.87	22	23.64	33.38	12.82	13.24	16.33	26.82	22.97
CFO/CapEx	2.26	0.9	2.38	1.24	1.17	1.15	2.05	1.57	2.19	3.21	1.03	1.36	1.71	2.19	1.79
Altman's Z-Score	3.18	3.41	4.01	4.48	4.78	4.33	4.32	4.24	4.32	3.74	3.81	3.57	3.64	3.98	4.08

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	7.48	6.83	6.75	6.84	7	7.12	7.08	7.16	7.41	7.03	7.27	7.12	6.71	7.17	7.27
Days Sales Outstanding	48.8	53.4	54.1	53.37	52.17	51.24	51.55	51.01	49.25	51.94	50.17	51.27	54.38	50.92	50.24
Inventory Turnover	8.43	8.17	8.18	8.53	8.69	8.54	8.45	8.22	8.12	7.35	7.18	6.93	7.04	7.25	7.32
Days Inventory Outstanding	43.3	44.68	44.63	42.77	42	42.72	43.19	44.41	44.93	49.63	50.8	52.65	51.85	50.34	49.84
Accounts Payable Turnover	3.36	3.38	3.14	2.94	2.8	2.58	2.53	2.66	2.83	2.59	2.35	2.29	2.45	2.56	2.42
Accounts Payable Turnover Days	108.54	108.13	116.06	124.1	130.59	141.33	144.19	137.2	128.98	140.82	155.43	159.1	149.04	142.86	151.03
Cash Conversion Cycle	-16.45	-10.04	-17.33	-27.95	-36.42	-47.38	-49.45	-41.79	-34.79	-39.25	-54.46	-55.18	-42.81	-41.6	-50.95
Inventory to Cash Days	5.5	8.72	9.47	10.61	10.17	8.52	8.36	6.6	4.32	2.31	-0.63	-1.38	2.53	0.58	0.4
Inventories	97	99	102	108	116	125	136	148	160	190	207	219	217	221	232
Raw Materials	97	99	102	108	116	125	136	148	160	190	207	219	217	221	232
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	3,690	4,692	7,916	11,018	11,915	10,207	10,854	10,585	12,432	11,617	10,144	9,939	10,234	11,635	13,775
- Cash & Cash Equivalents	41	23	17	32	61	34	74	105	61	1,224	115	103	119	126	138
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	269	287	268	295	302	74	69	81	79	89	109	49	53	97	134
+ Total Debt	3,654	3,730	3,309	3,279	3,431	4,136	4,040	3,999	4,311	4,194	4,559	5,271	5,367	4,955	5,167
Enterprise Value	7,572	8,685	11,476	14,560	15,588	14,383	14,888	14,559	16,761	14,676	14,697	15,157	15,534	16,561	18,938
Total Capital	6,219	6,730	6,827	7,309	7,983	8,743	9,098	9,469	9,894	10,601	10,758	11,241	11,569	11,718	12,576
Total Debt/Capital (%)	58.75	55.42	48.47	44.86	42.98	47.31	44.4	42.23	43.57	39.57	42.38	46.89	46.39	42.29	41.08
Total Debt / EV	0.48	0.43	0.29	0.23	0.22	0.29	0.27	0.27	0.26	0.29	0.31	0.35	0.35	0.3	0.27
EV/Sales	1.12	1.25	1.56	1.77	1.72	1.47	1.43	1.35	1.47	1.27	1.16	1.13	1.09	1.05	1.09
EV/EBITDA	6.35	6.94	8.48	10.12	9.4	8.47	8.62	8.94	9.82	7.85	7.75	9.56	8.91	7.31	7.25
EV/EBIT	8.44	9.21	11.3	13.69	12.38	11.22	11.63	12.39	13.78	10.8	10.78	15.1	13.22	9.85	9.5
EV/Cash Flow to Firm	9.27	9.83	12.02	13.23	13.78	10.24	11.12	10.49	10.71	6.01	15.51	13.88	10.89	7.5	9.56
EV/Free Cash Flow to Firm	15.1	- -	19.66	55	71.35	57.82	20.42	25.25	18.43	8.6	159.86	42.31	22.75	13.09	20.12
Diluted Market Cap	3,764	4,697	8,000	11,222	12,206	10,391	11,096	10,863	12,767	11,688	11,013	10,390	10,682	12,157	14,542
Diluted Enterprise Value	7,645	8,691	11,561	14,764	15,878	14,567	15,130	14,838	17,095	14,747	15,565	15,608	15,983	17,083	19,704
EV per Share	78.38	89	116.73	147.49	158.58	148.84	158	159.38	193.31	172.53	190.64	214.6	231.23	254.87	310.13
TTM Sales	6,760	6,961	7,368	8,205	9,043	9,766	10,410	10,772	11,378	11,559	12,642	13,399	14,282	15,828	17,365
TTM EBITDA	1,193	1,251	1,353	1,439	1,658	1,698	1,728	1,628	1,706	1,869	1,896	1,585	1,743	2,267	2,613
TTM Operating Income	897	942	954	1,072	1,244	1,276	1,280	1,175	1,216	1,358	1,363	1,004	1,175	1,682	1,994
TTM Cash Flow to Firm	817	883	955	1,101	1,131	1,404	1,339	1,388	1,565	2,441	948	1,092	1,426	2,209	1,981
TTM Free Cash Flow to Firm	502	-8	584	265	218	249	729	577	909	1,707	92	358	683	1,265	941

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	9.52	-51.17	15.59	56.15	78.6	58.17	17.39	23.46	16.31	7.19	392.8	39.65	20.36	10.82	17.64
EV/EBIT	8.44	9.21	11.3	13.69	12.38	11.22	11.63	12.39	13.78	10.8	10.78	15.1	13.22	9.85	9.5
Enterprise Value	7,572	8,685	11,476	14,560	15,588	14,383	14,888	14,559	16,761	14,676	14,697	15,157	15,534	16,561	18,938
Low Price	31.87	36.76	49.68	74.3	102.83	100.95	95.52	109.53	113.44	65.58	116.15	88.03	114.57	151.02	154.2
EV/Sales	1.12	1.25	1.56	1.77	1.72	1.47	1.43	1.35	1.47	1.27	1.16	1.13	1.09	1.05	1.09
EV/EBITDA	6.35	6.94	8.48	10.12	9.4	8.47	8.62	8.94	9.82	7.85	7.75	9.56	8.91	7.31	7.25
Price/Earnings	9.32	10.5	15.46	20.23	17.6	14.62	14.65	13.86	15.62	12.31	10.95	15.23	14.71	10.43	9.63
Price/Earnings Average	10.91	9.12	13.16	17.1	18.04	16.89	14.34	14.47	14.75	10.31	11.71	13.03	13.2	11.09	8.12
Price/Earnings High	13.56	10.58	15.98	20.79	21.58	19.2	16	16.68	16.95	13.32	13.58	16.8	15.18	14.07	10.4
Price/Earnings Low	7.78	8.03	9.53	13.46	14.93	13.97	12.15	13.1	12.36	5.91	9.67	9.53	11.06	8.8	6.59
Price/Book Value	1.61	1.73	2.44	2.95	2.8	2.25	2.18	1.96	2.26	1.84	1.67	1.68	1.66	1.75	1.89
Price/Book Value Average	1.88	1.5	2.07	2.49	2.87	2.6	2.13	2.05	2.13	1.54	1.78	1.44	1.49	1.85	1.6
Price/Book Value High	2.34	1.74	2.52	3.03	3.44	2.96	2.38	2.36	2.45	1.99	2.07	1.85	1.72	2.35	2.04
Price/Book Value Low	1.34	1.32	1.5	1.96	2.38	2.15	1.8	1.86	1.79	0.88	1.47	1.05	1.25	1.47	1.29
Price/Tangible Book Value	-11.14	-14.51	39.39	24.78	18.23	13.62	9.32	6.85	7.61	4.77	4.77	4.94	4.62	4.26	4.19
Price/Tangible Book Value Average	-13.03	-12.6	33.55	20.94	18.69	15.75	9.13	7.15	7.18	4	5.1	4.23	4.14	4.52	3.54
Price/Tangible Book Value High	-16.2	-14.62	40.72	25.47	22.35	17.9	10.18	8.25	8.26	5.16	5.92	5.45	4.76	5.74	4.53
Price/Tangible Book Value Low	-9.29	-11.09	24.3	16.49	15.47	13.02	7.73	6.48	6.02	2.29	4.21	3.09	3.47	3.59	2.87
Price/Sales	0.55	0.67	1.07	1.34	1.32	1.05	1.06	1	1.12	1	0.86	0.77	0.74	0.75	0.83
Price/Sales Average	0.64	0.58	0.91	1.14	1.36	1.22	1.04	1.05	1.06	0.84	0.92	0.66	0.66	0.8	0.7
Price/Sales High	0.8	0.67	1.11	1.38	1.62	1.38	1.16	1.21	1.21	1.09	1.07	0.85	0.76	1.02	0.89
Price/Sales Low	0.46	0.51	0.66	0.89	1.12	1	0.88	0.95	0.88	0.48	0.76	0.48	0.56	0.64	0.56
Price/Cash Flow	5.22	5.82	8.93	10.65	11.21	7.7	8.83	8.48	8.85	4.92	12.29	10.33	8.33	5.76	7.69
Price/Cash Flow Average	6.11	5.06	7.6	9	11.49	8.9	8.65	8.85	8.35	4.12	13.14	8.84	7.48	6.12	6.49
Price/Cash Flow High	7.6	5.87	9.23	10.95	13.75	10.11	9.65	10.2	9.6	5.33	15.24	11.39	8.59	7.78	8.31
Price/Cash Flow Low	4.36	4.45	5.51	7.09	9.51	7.36	7.32	8.01	7	2.36	10.85	6.46	6.26	4.86	5.26
Price/Free Cash Flow Average	11.13	-44.45	13.28	47.46	80.59	67.23	17.03	24.49	15.4	6.02	420.16	33.93	18.27	11.5	14.87
Price/Free Cash Flow High	13.84	-51.56	16.12	57.72	96.38	76.42	19	28.23	17.7	7.78	487.23	43.73	21.01	14.6	19.04
Price/Free Cash Flow Low	7.94	-39.12	9.62	37.38	66.68	55.6	14.42	22.17	12.9	3.45	346.74	24.8	15.31	9.13	12.06
EV/Sales Average	1.21	1.16	1.4	1.57	1.76	1.64	1.41	1.39	1.41	1.11	1.22	1.02	1.01	1.09	0.97
EV/Sales High	1.37	1.25	1.59	1.81	2.02	1.8	1.53	1.55	1.57	1.35	1.36	1.21	1.11	1.3	1.15
EV/Sales Low	1.03	1.09	1.15	1.33	1.52	1.43	1.25	1.3	1.24	0.75	1.07	0.85	0.91	0.93	0.84
EV/EBITDA Average	6.87	6.45	7.62	8.93	9.58	9.41	8.49	9.23	9.42	6.84	8.12	8.66	8.31	7.63	6.42
EV/EBITDA High	7.75	6.97	8.68	10.33	11.03	10.36	9.2	10.26	10.44	8.36	9.04	10.21	9.1	9.1	7.67
EV/EBITDA Low	5.83	6.06	6.24	7.56	8.31	8.2	7.54	8.59	8.3	4.62	7.12	7.21	7.45	6.5	5.58
EV/EBIT Average	9.14	8.56	10.15	12.09	12.62	12.46	11.45	12.78	13.21	9.42	11.3	13.67	12.32	10.28	8.41
EV/EBIT High	10.31	9.25	11.56	13.98	14.52	13.72	12.41	14.22	14.66	11.51	12.57	16.12	13.49	12.26	10.05
EV/EBIT Low	7.76	8.04	8.32	10.23	10.94	10.87	10.18	11.89	11.65	6.36	9.91	11.39	11.06	8.76	7.31
Last Price	38.2	48.07	80.52	111.62	121.22	105.63	115.19	115.88	143.39	136.56	131.58	140.72	152.33	179.05	225.59
High Price	55.55	48.45	83.23	114.73	148.63	138.75	125.85	139.42	155.6	147.8	163.22	155.2	157.19	241.53	243.59
Enterprise Value Average	8,198	8,069	10,303	12,854	15,889	15,972	14,663	15,023	16,067	12,792	15,403	13,722	14,485	17,287	16,778
Enterprise Value High	9,248	8,721	11,743	14,867	18,282	17,583	15,892	16,710	17,820	15,632	17,135	16,180	15,860	20,620	20,037
Enterprise Value Low	6,960	7,581	8,444	10,876	13,780	13,931	13,035	13,980	14,165	8,638	13,507	11,435	12,997	14,739	14,579

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	97	98	98	99	98	97	94	91	87	85	77	71	67	65	61
Diluted Weighted Avg Shares	99	98	99	101	101	98	96	94	89	86	84	74	70	68	64
Basic Weighted Avg Shares	97	97	98	99	99	97	96	93	89	85	83	73	69	67	64
Revenue per Share	69.55	71.9	75.16	83.03	91.54	100.47	108.83	115.49	128.19	135.89	153.2	183.26	206.03	237.82	273.11
EBITDA per Share	12.27	12.92	13.8	14.56	16.78	17.47	18.07	17.46	19.22	21.97	22.98	21.68	25.15	34.06	41.09
Operating Income per Share	9.23	9.73	9.74	10.84	12.59	13.13	13.38	12.6	13.7	15.97	16.52	13.73	16.96	25.27	31.36
Basic EPS, GAAP	4.1	4.58	5.21	5.52	6.89	7.23	7.87	8.36	9.18	11.1	12.02	9.24	10.35	17.16	23.42
Basic EPS from Cont Ops	4.62	5.05	5.65	6.12	7.6	7.69	8.06	8.55	9.32	11.2	11.97	8.99	10.38	17.48	23.77
Diluted EPS, GAAP	4.04	4.54	5.14	5.42	6.76	7.14	7.81	8.32	9.15	11.03	11.85	9.15	10.24	16.82	23.1
Diluted EPS from Cont Ops	4.56	5.01	5.58	6.02	7.46	7.59	8.01	8.51	9.29	11.13	11.8	8.9	10.26	17.13	23.44
Dividend per Share	0.2	0.6	0.2	0.3	0.4	0.4	0.4	0.4	0.6	0.2	0.8	0.8	0.8	0.8	0.81
Cash Flow per Share	7.31	8.25	9.02	10.48	10.81	13.72	13.04	13.67	16.21	27.75	10.71	13.62	18.29	31.06	29.32
Free Cash Flow per Basic Share	4.07	-0.95	5.23	2.02	1.57	1.84	6.67	4.96	8.82	19.12	0.34	3.58	7.57	16.88	12.97
Cash & Equivalents per Share	0.43	0.24	0.18	0.32	0.62	0.35	0.79	1.15	0.71	14.4	1.5	1.46	1.78	1.94	2.26
Book Value per Share	23.77	27.8	33.06	37.85	43.23	46.91	52.95	59	63.48	74.26	78.99	83.83	91.53	102.59	119.15
Tangible Book Value per Share	-3.43	-3.31	2.04	4.51	6.65	7.75	12.36	16.91	18.85	28.62	27.59	28.47	32.99	42.07	53.81