Zebra Technologies Corporation Financial Ratios — ZT1A 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 (%)	23.18	15.04	14.76	3.2	-16.35	-16.26	2.09	38.82	34.28	25.31	32.64	16.2	10.26	15.95	11.68
Return on Assets (%)	19.65	13.17	12.84	0.96	-2.99	-2.83	0.38	9.77	12.02	9.99	14.44	6.74	3.99	6.91	5.09
Return on Capital (%)	23.18	15.06	14.76	- -	- -	- -	1.87	16.51	20.25	16.85	21.92	10.22	7.97	10.69	8.17
Return on Invested Capital (%)	17.47	14.94	14.34	- -	- -	- -	1.9	16.11	20.1	17.11	21.97	9.78	8.1	10.79	8.53
Gross Margin (%)	49.49	49.35	48.46	46.56	45.04	45.94	45.94	46.97	46.82	45.03	46.7	45.39	46.31	48.44	48.05
EBITDA Margin (%)	20.95	19.13	18.5	10.17	9.78	10.74	15.72	18.61	19.33	17.92	20.72	12.68	14.33	18.35	16.4
Operating Margin (%)	18.75	17.82	16.47	13.29	6.08	8	10.42	14.91	16.14	15.4	17.97	16.19	12.76	15.36	14.83
Incremental Operating Margin (%)	39.25	- -	- -	8.06	- -	- -	68.92	48.59	35.58	105.41	27.65	- -	29.32	45.34	8.43
Pretax Margin (%)	18.27	16.48	15.8	1.02	-4.93	-3.61	2.36	12.42	13.33	12.59	17.2	9.41	7.29	12.75	10.38
Profit Margin (%)	17.76	12.34	12.91	1.92	-4.33	-3.83	0.46	9.98	12.13	11.33	14.87	8.01	6.46	10.6	7.77
Net Income to Common Margin (%)	17.76	12.34	12.91	1.92	-4.33	-3.83	0.46	9.98	12.13	11.33	14.87	8.01	6.46	10.6	7.77
Effective Tax Rate (%)	27.47	25.75	18.29	- -	- -	- -	80.68	19.66	9.03	10	13.53	14.89	11.38	16.85	25.18
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	23.18	15.04	14.76	3.2	-16.35	-16.26	2.09	38.82	34.28	25.31	32.64	16.2	10.26	15.95	11.68

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	- -	- -	- -	3,160	3,012	2,648	2,227	1,591	1,406	1,404	1,145	2,199	2,414	2,362	2,697
ST Debt	- -	- -	- -	4	- -	- -	51	157	226	394	102	251	215	115	179
LT Debt	- -	- -	- -	3,156	3,012	2,648	2,176	1,434	1,180	1,010	1,043	1,948	2,199	2,247	2,518
Total Debt/EBITDA	- -	- -	- -	18.59	8.44	6.9	3.81	2.03	1.62	1.76	0.98	3	3.67	2.58	3.05
Net Debt/EBITDA	-0.18	-0.34	-0.33	16.27	7.9	6.49	3.7	1.97	1.44	1.35	0.57	2.62	3.17	1.39	2.69
Total Debt/EBIT	- -	- -	- -	35.51	81.41	33.1	6.92	2.61	2.03	2.16	1.17	4.16	5.02	3.18	3.85
Net Debt/EBIT	-0.2	-0.39	-0.39	31.08	76.22	31.15	6.72	2.54	1.8	1.65	0.67	3.63	4.33	1.71	3.4
EBITDA to Interest Expense	- -	920.43	- -	2.74	1.85	1.99	2.58	8.63	9.74	10.49	233.2	- -	4.94	9.33	8.19
EBITDA-CapEx/Interest Expense	- -	795.1	- -	2.11	1.22	1.59	2.36	7.92	9.06	9.61	221.4	- -	4.29	8.72	7.4
EBIT to Interest Expense	- -	857.65	- -	3.58	1.15	1.48	1.71	6.91	8.13	9.01	202.2	- -	4.4	7.81	7.41
Interest Expense	- -	- -	- -	62	193	193	227	91	89	76	5	- -	133	98	108
Common Equity/Total Assets	86.42	88.56	85.61	18.78	17.72	17.1	19.51	30.77	39.04	39.89	48.01	36.3	41.55	45.01	42.2
Long-Term Debt/Equity (%)	- -	- -	- -	303.46	337.29	334.34	260.91	107.42	64.17	47.11	34.95	71.28	72.43	62.66	70.18
Long-Term Debt/Capital (%)	- -	- -	- -	75.14	77.13	76.98	71.09	49.01	36.36	28.47	25.26	39.5	40.35	37.78	40.06
Long-Term Debt/Total Assets (%)	- -	- -	- -	56.98	59.76	57.17	50.9	33.05	25.05	18.79	16.78	25.87	30.1	28.2	29.62
Total Debt/Equity (%)	- -	- -	- -	303.85	337.29	334.34	267.03	119.18	76.45	65.49	38.37	80.46	79.51	65.87	75.17
Total Debt/Capital (%)	- -	- -	- -	75.24	77.13	76.98	72.75	54.37	43.33	39.57	27.73	44.59	44.29	39.71	42.91
Total Debt/Total Assets (%)	- -	- -	- -	57.05	59.76	57.17	52.09	36.67	29.85	26.12	18.42	29.21	33.04	29.64	31.72
Net Debt to Equity	-4.69	-7.55	-6.55	265.96	315.79	314.65	259.59	115.88	67.81	50.23	22.08	70.18	68.61	35.42	66.25
Net Debt/Capital (%)	-4.92	-8.17	-7.01	72.67	75.95	75.88	72.19	53.68	38.79	31.86	17.36	39.73	39.21	25.16	38.59
EBITDA	206	191	192	170	357	384	585	785	867	797	1,166	733	657	914	885
EBITDA-CapEx	178	165	170	131	235	307	535	721	806	730	1,107	658	570	855	799
Operating Income (Loss)	184	178	171	222	222	286	388	629	724	685	1,011	936	585	765	800

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	2.01	4.08	3.47	0.44	0.21	0.16	0.06	0.03	0.02	0.09	0.18	0.05	0.09	0.53	0.07
Current Ratio	5.37	7.47	6.33	1.75	1.49	1.29	1.06	0.89	0.85	0.69	0.94	0.81	1.05	1.43	0.97
Quick Ratio	3.81	5.86	5.02	1.16	0.97	0.86	0.58	0.45	0.48	0.37	0.61	0.39	0.45	0.95	0.52
CFO/Avg Current Liab	0.64	1.8	1.81	0.46	0.13	0.41	0.49	0.68	0.51	0.59	0.59	0.24	- -	0.61	0.52
Common Equity/Total Assets	86.42	88.56	85.61	18.78	17.72	17.1	19.51	30.77	39.04	39.89	48.01	36.3	41.55	45.01	42.2
Long-Term Debt/Equity (%)	- -	- -	- -	303.46	337.29	334.34	260.91	107.42	64.17	47.11	34.95	71.28	72.43	62.66	70.18
Long-Term Debt/Capital (%)	- -	- -	- -	75.14	77.13	76.98	71.09	49.01	36.36	28.47	25.26	39.5	40.35	37.78	40.06
Long-Term Debt/Total Assets (%)	- -	- -	- -	56.98	59.76	57.17	50.9	33.05	25.05	18.79	16.78	25.87	30.1	28.2	29.62
Total Debt/Equity (%)	- -	- -	- -	303.85	337.29	334.34	267.03	119.18	76.45	65.49	38.37	80.46	79.51	65.87	75.17
Total Debt/Capital (%)	- -	- -	- -	75.24	77.13	76.98	72.75	54.37	43.33	39.57	27.73	44.59	44.29	39.71	42.91
Total Debt/Total Assets (%)	- -	- -	- -	57.05	59.76	57.17	52.09	36.67	29.85	26.12	18.42	29.21	33.04	29.64	31.72
CFO/Total Liabilities	64.14	165.54	120.38	5.51	2.94	9.9	13.89	26.13	23.85	29.77	33.09	10.18	-0.09	23.12	18.66
CFO/CapEx	2.78	7.07	8.82	6.36	1	4.94	9.56	12.27	11.23	14.36	18.12	6.51	-0.05	17.17	10.66
Altman's Z-Score	14.03	15.88	15.23	3.22	4.34	4.6	5.49	6.92	8.25	8.71	11.51	6.31	6.36	6.88	6.66

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	5.84	5.67	6.01	3.94	5.44	5.52	6.74	8.44	7.92	7.94	8.93	7.61	7.11	8.21	7.23
Days Sales Outstanding	62.53	64.4	60.77	92.61	67.1	66.18	54.13	43.22	46.1	45.99	40.87	47.98	51.32	44.44	50.5
Inventory Turnover	4.02	3.93	4.38	3.47	5.07	5.21	5.01	4.57	4.8	4.96	5.99	4.67	2.96	3.43	3.94
Days Inventory Outstanding	90.76	92.84	83.36	105.25	71.96	70.09	72.84	79.79	76.06	73.52	60.98	78.1	123.4	106.39	92.58
Accounts Payable Turnover	15.06	17.56	18.45	6.45	6.52	5.36	5.08	4.71	4.24	4.31	4.58	4.67	3.8	4.51	4.28
Accounts Payable Turnover Days	24.24	20.78	19.78	56.61	55.96	68.15	71.88	77.48	86.14	84.78	79.7	78.21	96.14	80.89	85.37
Cash Conversion Cycle	129.05	136.46	124.35	141.25	83.1	68.12	55.09	45.53	36.02	34.74	22.14	47.88	78.57	69.94	57.71
Inventory to Cash Days	-28.23	-28.43	-22.59	-12.65	-4.86	-3.91	-18.7	-36.56	-29.96	-27.53	-20.11	-30.11	-72.08	-61.94	-42.09
Inventories	133	123	121	394	397	345	458	520	474	511	491	860	804	693	729
Raw Materials	46	32	31	140	178	111	116	125	128	117	196	369	403	248	230
Work In Process	1	1	- -	- -	- -	1	1	3	4	4	3	4	4	4	7
Finished Goods	101	104	102	260	274	233	341	392	342	390	292	487	397	441	492
Other Inventory	- -	- -	- -	- -	- -	82	- -	- -	- -	- -	- -	- -	- -	- -	- -

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	1,868	1,992	2,750	4,032	3,660	4,546	5,591	8,278	13,781	20,193	31,963	13,195	13,980	19,882	12,137
- Cash & Cash Equivalents	36	65	63	394	192	156	62	44	30	168	332	105	137	901	125
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	- -	- -	3,160	3,012	2,648	2,227	1,591	1,406	1,404	1,145	2,199	2,414	2,362	2,697
Enterprise Value	1,650	1,603	2,337	6,774	6,480	7,038	7,756	9,825	15,157	21,429	32,776	15,289	16,257	21,343	14,709
Total Capital	777	857	959	4,200	3,905	3,440	3,061	2,926	3,245	3,548	4,129	4,932	5,450	5,948	6,285
Total Debt/Capital (%)	- -	- -	- -	75.24	77.13	76.98	72.75	54.37	43.33	39.57	27.73	44.59	44.29	39.71	42.91
Total Debt / EV	- -	- -	- -	0.47	0.46	0.38	0.29	0.16	0.09	0.07	0.03	0.14	0.15	0.11	0.18
EV/Sales	1.68	1.61	2.25	4.05	1.78	1.97	2.08	2.33	3.38	4.82	5.82	2.64	3.55	4.28	2.73
EV/EBITDA	8.01	8.42	12.17	39.84	18.15	18.33	13.26	12.52	17.48	26.89	28.11	20.86	24.74	23.35	16.62
EV/EBIT	9.06	9.76	14.6	76.11	175.13	87.97	24.09	16.11	21.9	32.92	33.48	28.9	33.8	28.76	21.01
EV/Cash Flow to Firm	21.07	8.74	12.04	- -	- -	- -	14.86	11.45	19.79	20.8	30.54	31.33	142.77	19.5	14.74
EV/Free Cash Flow to Firm	32.89	10.18	13.59	- -	- -	- -	16.44	12.37	21.5	22.24	32.31	37.02	605.08	20.61	16.13
Diluted Market Cap	1,944	2,029	2,789	4,010	3,578	4,433	5,638	8,336	13,931	20,363	32,255	13,479	14,071	20,026	12,534
Diluted Enterprise Value	1,725	1,640	2,376	6,752	6,398	6,925	7,803	9,883	15,307	21,599	33,068	15,573	16,348	21,487	15,106
EV per Share	31.67	31.49	46.41	131.13	124.22	133.08	145.68	182.37	280.66	400.83	613.61	297.15	316.42	414.37	296.6
TTM Sales	983	996	1,038	1,671	3,650	3,574	3,722	4,218	4,485	4,448	5,627	5,781	4,584	4,981	5,396
TTM EBITDA	206	191	192	170	357	384	585	785	867	797	1,166	733	657	914	885
TTM Operating Income	184	178	171	222	222	286	388	629	724	685	1,011	936	585	765	800
TTM Cash Flow to Firm	78	183	194	- -	- -	- -	522	858	766	1,030	1,073	488	114	1,094	998
TTM Free Cash Flow to Firm	50	158	172	- -	- -	- -	472	794	705	963	1,014	413	27	1,035	912

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	38.75	12.89	16.21	19.19	- -	14.63	13.17	11.56	22.33	22.75	31.94	32.64	-154.62	20.99	15.08
EV/EBIT	9.06	9.76	14.6	76.11	175.13	87.97	24.09	16.11	21.9	32.92	33.48	28.9	33.8	28.76	21.01
Enterprise Value	1,650	1,603	2,337	6,774	6,480	7,038	7,756	9,825	15,157	21,429	32,776	15,289	16,257	21,343	14,709
Low Price	28.51	31.6	40.64	52.69	64.75	46.65	80.53	103.35	147.83	158.02	372.8	229.53	195.86	238.22	202.63
EV/Sales	1.68	1.61	2.25	4.05	1.78	1.97	2.08	2.33	3.38	4.82	5.82	2.64	3.55	4.28	2.73
EV/EBITDA	8.01	8.42	12.17	39.84	18.15	18.33	13.26	12.52	17.48	26.89	28.11	20.86	24.74	23.35	16.62
Price/Earnings	11.06	16.42	20.66	123.88	- -	- -	327.54	19.55	25.33	40.05	38.21	28.92	47.23	37.65	29.68
Price/Earnings Average	11.59	15.39	17.5	112.55	- -	- -	311.88	19.14	20.39	28.17	33.06	38.69	46.75	31.49	36.54
Price/Earnings High	13.4	17.38	20.78	135.5	- -	- -	361.74	23.55	25.93	41.06	39.37	66.76	58.66	40.17	51.27
Price/Earnings Low	8.79	13.26	15.37	83.63	- -	- -	251.16	13.15	14.67	16.76	23.8	25.88	34	23.23	24.58
Price/Book Value	2.4	2.32	2.87	3.88	4.1	5.74	6.7	6.2	7.49	9.42	10.71	4.83	4.6	5.54	3.38
Price/Book Value Average	2.52	2.18	2.43	3.52	5.25	4.21	6.38	6.07	6.03	6.63	9.27	6.46	4.56	4.64	4.16
Price/Book Value High	2.91	2.46	2.88	4.24	6.88	5.82	7.4	7.47	7.67	9.66	11.04	11.15	5.72	5.92	5.84
Price/Book Value Low	1.91	1.88	2.13	2.62	3.78	3.11	5.14	4.17	4.34	3.94	6.67	4.32	3.31	3.42	2.8
Price/Tangible Book Value	2.73	2.76	3.75	-1.63	-1.55	-2.12	-2.9	-5.95	-13.03	-16.21	-42.62	-7.35	-10.09	-27.35	-6.23
Price/Tangible Book Value Average	2.86	2.58	3.17	-1.48	-1.99	-1.55	-2.76	-5.82	-10.49	-11.4	-36.87	-9.83	-9.98	-22.88	-7.67
Price/Tangible Book Value High	3.31	2.92	3.77	-1.78	-2.61	-2.15	-3.2	-7.16	-13.33	-16.62	-43.91	-16.96	-12.53	-29.18	-10.76
Price/Tangible Book Value Low	2.17	2.23	2.79	-1.1	-1.43	-1.15	-2.22	-4	-7.55	-6.78	-26.55	-6.58	-7.26	-16.88	-5.16
Price/Sales	1.96	2.03	2.67	2.37	0.98	1.24	1.5	1.95	3.07	4.54	5.68	2.32	3.05	3.99	2.31
Price/Sales Average	2.06	1.9	2.26	2.16	1.25	0.91	1.42	1.91	2.47	3.19	4.92	3.1	3.02	3.34	2.84
Price/Sales High	2.38	2.14	2.68	2.59	1.65	1.26	1.65	2.35	3.14	4.65	5.86	5.35	3.79	4.26	3.98
Price/Sales Low	1.56	1.64	1.98	1.6	0.9	0.67	1.15	1.31	1.78	1.9	3.54	2.07	2.2	2.46	1.91
Price/Cash Flow	24.67	11.01	14.27	15.98	29.33	11.67	11.65	10.48	20.11	20.98	29.92	27.44	-3,495.06	19.62	13.56
Price/Cash Flow Average	25.84	10.32	12.09	14.52	37.54	8.56	11.09	10.27	16.2	14.76	25.88	36.71	-3,459.6	16.41	16.69
Price/Cash Flow High	29.88	11.65	14.35	17.48	49.24	11.83	12.87	12.63	20.59	21.51	30.82	63.34	-4,340.67	20.94	23.43
Price/Cash Flow Low	19.61	8.89	10.62	10.79	27.07	6.33	8.93	7.05	11.65	8.78	18.64	24.56	-2,515.71	12.11	11.23
Price/Free Cash Flow Average	40.59	12.08	13.74	17.43	- -	10.74	12.54	11.32	17.98	16	27.63	43.67	-153.06	17.56	18.56
Price/Free Cash Flow High	46.94	13.65	16.31	20.99	- -	14.84	14.55	13.93	22.86	23.33	32.9	75.35	-192.04	22.4	26.05
Price/Free Cash Flow Low	30.81	10.41	12.06	12.95	- -	7.94	10.1	7.78	12.93	9.52	19.9	29.21	-111.3	12.95	12.49
EV/Sales Average	1.77	1.48	1.85	3.83	2.06	1.63	2.01	2.29	2.78	3.47	5.06	3.42	3.52	3.63	3.25
EV/Sales High	2.08	1.73	2.27	4.28	2.46	1.99	2.24	2.73	3.45	4.93	6	5.63	4.28	4.55	4.36
EV/Sales Low	1.29	1.22	1.57	3.27	1.7	1.39	1.73	1.69	2.09	2.18	3.68	2.41	2.69	2.76	2.34
EV/EBITDA Average	8.44	7.76	9.98	37.68	21.02	15.18	12.8	12.3	14.39	19.37	24.41	26.94	24.53	19.8	19.79
EV/EBITDA High	9.92	9.03	12.25	42.07	25.11	18.49	14.26	14.67	17.86	27.53	28.94	44.42	29.89	24.81	26.6
EV/EBITDA Low	6.15	6.4	8.5	32.14	17.36	12.91	11.03	9.06	10.8	12.15	17.78	18.97	18.78	15.02	14.26
EV/EBIT Average	9.55	9	11.98	71.97	202.82	72.86	23.26	15.82	18.02	23.72	29.08	37.33	33.5	24.38	25.02
EV/EBIT High	11.23	10.47	14.7	80.36	242.27	88.77	25.9	18.88	22.37	33.7	34.47	61.54	40.83	30.56	33.62
EV/EBIT Low	6.96	7.42	10.21	61.39	167.5	61.99	20.04	11.66	13.53	14.88	21.17	26.28	25.65	18.51	18.03
Last Price	35.87	39.13	54.62	78.05	70.16	85.96	105.02	153.66	255.18	377.71	598.39	256.45	272.11	386.01	244.74
High Price	43.45	41.43	54.93	85.37	117.79	87.17	115.98	185.12	261.23	387.23	616.53	592.07	337.94	411.84	422.74
Enterprise Value Average	1,738	1,479	1,916	6,405	7,504	5,829	7,488	9,653	12,473	15,440	28,467	19,749	16,116	18,093	17,511
Enterprise Value High	2,045	1,720	2,353	7,152	8,964	7,102	8,339	11,520	15,483	21,938	33,745	32,557	19,640	22,673	23,537
Enterprise Value Low	1,267	1,220	1,633	5,464	6,198	4,959	6,452	7,115	9,359	9,684	20,726	13,904	12,340	13,731	12,621

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	52	51	50	52	52	53	53	54	54	53	53	51	51	52	50
Diluted Weighted Avg Shares	54	52	51	51	51	52	54	54	55	54	54	53	52	52	51
Basic Weighted Avg Shares	54	52	51	51	51	52	53	54	54	53	53	52	51	51	51
Revenue per Share	18.26	19.32	20.48	32.9	71.57	69.29	70.2	78.75	83.07	83.23	105.28	110.73	89.22	96.73	106.18
EBITDA per Share	3.83	3.69	3.79	3.35	7	7.44	11.03	14.66	16.06	14.91	21.82	14.04	12.79	17.75	17.41
Operating Income per Share	3.42	3.44	3.37	4.37	4.35	5.54	7.32	11.74	13.41	12.82	18.92	17.93	11.39	14.86	15.74
Basic EPS, GAAP	3.24	2.38	2.64	0.63	-3.1	-2.66	0.32	7.86	10.08	9.43	15.66	8.87	5.76	10.25	8.24
Basic EPS from Cont Ops	2.42	2.36	2.64	0.63	-3.1	-2.66	0.32	7.86	10.08	9.43	15.66	8.87	5.76	10.25	8.24
Diluted EPS, GAAP	3.22	2.37	2.62	0.62	-3.1	-2.66	0.32	7.76	9.96	9.35	15.53	8.81	5.72	10.18	8.18
Diluted EPS from Cont Ops	2.41	2.35	2.62	0.62	-3.1	-2.66	0.32	7.76	9.96	9.35	15.53	8.81	5.72	10.18	8.18
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	1.45	3.56	3.83	4.88	2.39	7.37	9.02	14.66	12.69	18	20	9.35	-0.08	19.67	18.04
Free Cash Flow per Basic Share	0.93	3.05	3.39	4.12	- -	5.87	8.07	13.46	11.56	16.75	18.9	7.91	-1.77	18.53	16.35
Cash & Equivalents per Share	4.2	7.64	8.21	8.09	3.68	2.95	1.16	0.82	0.56	3.14	6.22	2.04	2.67	17.49	2.52
Book Value per Share	14.91	16.83	19.04	20.13	17.12	14.98	15.67	24.78	34.05	40.1	55.86	53.12	59.09	69.62	72.35
Tangible Book Value per Share	13.14	14.2	14.58	-47.99	-45.13	-40.58	-36.25	-25.84	-19.59	-23.31	-14.04	-34.91	-26.98	-14.11	-39.28