Costco Wholesale Corporation Financial Ratios — CTO 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	08/31/2011	08/31/2012	08/31/2013	08/31/2014	08/31/2015	08/31/2016	08/31/2017	08/31/2018	08/31/2019	08/31/2020	08/31/2021	08/31/2022	08/31/2023	08/31/2024	08/31/2025

Return on Common Equity (%)	12.81	14.03	17.58	17.79	20.74	20.71	23.44	26.59	26.1	23.87	27.93	30.59	27.54	30.27	30.69
Return on Assets (%)	5.78	6.34	7.1	6.5	7.2	7.1	7.71	8.12	8.49	7.93	8.72	9.47	9.45	10.61	11.02
Return on Capital (%)	10.47	11.96	13.93	12.5	14.04	13.99	15.52	17.12	17.73	15.87	17.75	20.35	20.15	22.77	23.73
Return on Invested Capital (%)	11.01	11.92	13.37	12.14	13.59	13.58	15.45	17.14	17.5	16.03	17.87	20.31	18.91	21.33	22.46
Gross Margin (%)	12.57	12.42	12.56	12.59	13.02	13.32	13.29	13.01	12.98	13.09	12.88	12.15	12.26	12.61	12.84
EBITDA Margin (%)	3.7	3.7	3.8	3.77	4.09	4.15	4.25	4.18	4.08	4.25	4.33	4.27	4.21	4.53	4.65
Operating Margin (%)	2.74	2.78	2.9	2.86	3.12	3.09	3.19	3.16	3.1	3.26	3.42	3.43	3.35	3.65	3.77
Incremental Operating Margin (%)	3.3	3.13	4.88	2.23	11.35	1.9	4.26	2.94	2.31	4.97	4.36	3.5	2.09	9.63	5.28
Pretax Margin (%)	2.68	2.79	2.9	2.84	3.1	3.05	3.13	3.14	3.12	3.22	3.41	3.45	3.5	3.83	3.93
Profit Margin (%)	1.64	1.72	1.94	1.83	2.05	1.98	2.08	2.21	2.4	2.4	2.56	2.57	2.6	2.9	2.94
Net Income to Common Margin (%)	1.64	1.72	1.94	1.83	2.05	1.98	2.08	2.21	2.4	2.4	2.56	2.57	2.6	2.9	2.94
Effective Tax Rate (%)	35.29	36.14	32.45	34.69	33.16	34.35	32.81	28.43	22.27	24.37	23.97	24.55	25.86	24.36	25.13
Dvd Payout Ratio (%)	23.98	24.44	170.91	27.57	117.37	31.06	142.02	21.37	27.69	35.93	111.59	25.03	19.88	122.72	26.95
Sustainable Growth Rate (%)	9.74	10.6	-12.47	12.89	-3.6	14.28	-9.85	20.9	18.87	15.29	-3.24	22.94	22.06	-6.88	22.42

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	08/31/2011	08/31/2012	08/31/2013	08/31/2014	08/31/2015	08/31/2016	08/31/2017	08/31/2018	08/31/2019	08/31/2020	08/31/2021	08/31/2022	08/31/2023	08/31/2024	08/31/2025

Total Debt	2,153	1,382	4,998	5,093	6,135	5,161	6,659	6,577	6,823	10,167	10,133	9,039	8,884	8,272	8,173
ST Debt	900	1	- -	- -	1,283	1,100	86	90	1,699	95	799	73	1,081	103	- -
LT Debt	1,253	1,381	4,998	5,093	4,852	4,061	6,573	6,487	5,124	10,072	9,334	8,966	7,803	8,169	8,173
Total Debt/EBITDA	0.65	0.38	1.25	1.2	1.29	1.05	1.21	1.11	1.1	1.44	1.19	0.93	0.87	0.72	0.64
Net Debt/EBITDA	-0.56	-0.59	0.09	-0.15	0.28	0.36	0.39	0.09	-0.25	-0.66	-0.44	-0.38	-0.71	-0.35	-0.66
Total Debt/EBIT	0.88	0.5	1.64	1.58	1.69	1.41	1.62	1.47	1.44	1.87	1.51	1.16	1.09	0.89	0.79
Net Debt/EBIT	-0.76	-0.78	0.12	-0.2	0.37	0.49	0.51	0.12	-0.33	-0.86	-0.56	-0.47	-0.89	-0.43	-0.81
EBITDA to Interest Expense	28.4	38.6	40.39	37.6	38.31	37.05	40.9	37.21	41.53	43.17	49.64	61.35	63.69	68.18	83.18
EBITDA-CapEx/Interest Expense	17.28	23.02	19.35	19.96	19.02	17.13	22.23	18.54	21.54	26.04	28.66	36.72	36.67	40.31	47.47
EBIT to Interest Expense	21.03	29.04	30.84	28.5	29.23	27.61	30.68	28.18	31.58	33.14	39.23	49.32	50.71	54.94	67.42
Interest Expense	116	95	99	113	124	133	134	159	150	164	171	158	160	169	154
Common Equity/Total Assets	44.85	45.55	35.77	37.25	32.16	36.42	29.65	31.35	33.57	32.91	29.63	32.17	36.32	33.83	37.83
Long-Term Debt/Equity (%)	9.97	11.03	45.39	40.7	44.75	32.93	59.33	49.51	32.88	53.85	51.63	43.43	31.14	34.58	28.02
Long-Term Debt/Capital (%)	8.51	9.94	31.22	28.92	28.58	23.22	37.06	32.96	22.87	34.89	33.09	30.2	22.99	25.61	21.89
Long-Term Debt/Total Assets (%)	4.68	5.09	16.5	15.42	14.7	12.25	18.08	15.89	11.29	18.13	15.75	13.97	11.31	11.7	10.6
Total Debt/Equity (%)	17.12	11.04	45.39	40.7	56.58	41.85	60.1	50.19	43.78	54.35	56.05	43.78	35.45	35.02	28.02
Total Debt/Capital (%)	14.62	9.94	31.22	28.92	36.13	29.5	37.54	33.42	30.45	35.21	35.92	30.45	26.17	25.94	21.89
Total Debt/Total Assets (%)	8.05	5.09	16.5	15.42	18.58	15.56	18.32	16.11	15.03	18.3	17.1	14.09	12.88	11.85	10.6
Net Debt to Equity	-14.76	-17.14	3.21	-5.15	12.3	14.45	19.07	3.98	-10.02	-24.96	-20.84	-17.66	-28.9	-16.97	-28.97
Net Debt/Capital (%)	-17.32	-20.69	3.11	-5.43	10.96	12.63	16.02	3.83	-11.13	-28.13	-22.22	-18.71	-35.78	-18.23	-36.45
EBITDA	3,294	3,667	3,999	4,249	4,751	4,927	5,481	5,917	6,229	7,080	8,489	9,693	10,191	11,522	12,809
EBITDA-CapEx	2,004	2,187	1,916	2,256	2,358	2,278	2,979	2,948	3,231	4,270	4,901	5,802	5,868	6,812	7,311
Operating Income (Loss)	2,439	2,759	3,053	3,220	3,624	3,672	4,111	4,480	4,737	5,435	6,708	7,793	8,114	9,285	10,383

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	08/31/2011	08/31/2012	08/31/2013	08/31/2014	08/31/2015	08/31/2016	08/31/2017	08/31/2018	08/31/2019	08/31/2020	08/31/2021	08/31/2022	08/31/2023	08/31/2024	08/31/2025

Cash Ratio	0.47	0.4	0.46	0.51	0.39	0.3	0.33	0.36	0.41	0.54	0.41	0.35	0.45	0.31	0.41
Current Ratio	1.14	1.1	1.19	1.22	1.01	0.98	0.99	1.02	1.01	1.13	1	1.02	1.07	0.97	1.03
Quick Ratio	0.55	0.48	0.55	0.59	0.46	0.38	0.41	0.45	0.47	0.6	0.47	0.42	0.52	0.39	0.5
CFO/Avg Current Liab	0.29	0.25	0.27	0.29	0.28	0.21	0.41	0.31	0.29	0.37	0.33	0.24	0.34	0.33	0.37
Common Equity/Total Assets	44.85	45.55	35.77	37.25	32.16	36.42	29.65	31.35	33.57	32.91	29.63	32.17	36.32	33.83	37.83
Long-Term Debt/Equity (%)	9.97	11.03	45.39	40.7	44.75	32.93	59.33	49.51	32.88	53.85	51.63	43.43	31.14	34.58	28.02
Long-Term Debt/Capital (%)	8.51	9.94	31.22	28.92	28.58	23.22	37.06	32.96	22.87	34.89	33.09	30.2	22.99	25.61	21.89
Long-Term Debt/Total Assets (%)	4.68	5.09	16.5	15.42	14.7	12.25	18.08	15.89	11.29	18.13	15.75	13.97	11.31	11.7	10.6
Total Debt/Equity (%)	17.12	11.04	45.39	40.7	56.58	41.85	60.1	50.19	43.78	54.35	56.05	43.78	35.45	35.02	28.02
Total Debt/Capital (%)	14.62	9.94	31.22	28.92	36.13	29.5	37.54	33.42	30.45	35.21	35.92	30.45	26.17	25.94	21.89
Total Debt/Total Assets (%)	8.05	5.09	16.5	15.42	18.58	15.56	18.32	16.11	15.03	18.3	17.1	14.09	12.88	11.85	10.6
CFO/Total Liabilities	22.54	20.91	17.84	19.43	19.32	15.8	26.62	20.82	21.32	24.05	21.75	16.99	25.19	24.54	27.82
CFO/CapEx	2.48	2.07	1.65	2	1.79	1.24	2.69	1.94	2.12	3.15	2.5	1.9	2.56	2.41	2.43
Altman's Z-Score	- -	- -	- -	- -	5.81	6.3	5.78	6.31	6.64	6.22	6.88	7.5	7.66	9.54	9.67

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	08/31/2011	08/31/2012	08/31/2013	08/31/2014	08/31/2015	08/31/2016	08/31/2017	08/31/2018	08/31/2019	08/31/2020	08/31/2021	08/31/2022	08/31/2023	08/31/2024	08/31/2025

Accounts Receivable Turnover	- -	- -	- -	- -	- -	- -	96.14	91.31	95.32	108.11	116.87	112.24	107.07	101.66	92.92
Days Sales Outstanding	- -	- -	- -	- -	- -	- -	3.8	4	3.83	3.38	3.12	3.25	3.41	3.59	3.93
Inventory Turnover	12.67	12.64	12.27	12.04	11.64	11.51	11.9	11.8	11.85	12.26	12.9	12.41	12.3	12.6	13.05
Days Inventory Outstanding	28.82	28.87	29.75	30.31	31.36	31.71	30.67	30.93	30.81	29.76	28.29	29.4	29.67	28.97	27.97
Accounts Payable Turnover	12.61	12.61	12.22	12.1	11.6	12.39	13.09	11.93	11.63	11.28	11.34	11.9	11.96	12.16	12.21
Accounts Payable Turnover Days	28.95	28.95	29.86	30.16	31.46	29.46	27.87	30.59	31.39	32.36	32.19	30.67	30.51	30.02	29.89
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	6.59	4.34	3.25	0.78	-0.77	1.99	2.57	2.54	2
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	-26.87	-26.94	-26.98	-26.39	-25.17	-26.15	-26.26	-25.38	-24.04
Inventories	6,638	7,096	7,894	8,456	8,908	8,969	9,834	11,040	11,395	12,242	14,215	17,907	16,651	18,647	18,116
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	6,638	7,096	7,894	8,456	8,908	8,969	9,834	11,040	11,395	12,242	14,215	17,907	16,651	18,647	18,116
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	08/31/2011	08/31/2012	08/31/2013	08/31/2014	08/31/2015	08/31/2016	08/31/2017	08/31/2018	08/31/2019	08/31/2020	08/31/2021	08/31/2022	08/31/2023	08/31/2024	08/31/2025

Market Capitalization	- -	- -	- -	- -	60,684	70,853	68,669	101,685	129,729	153,656	200,917	232,480	243,558	395,027	417,435
- Cash & Cash Equivalents	4,009	3,528	4,644	5,738	4,801	3,379	4,546	6,055	8,384	12,277	11,258	10,203	13,700	9,906	14,161
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	571	157	179	212	226	253	301	304	341	421	514	5	- -	- -	- -
+ Total Debt	2,153	1,382	4,998	5,093	6,135	5,161	6,659	6,577	6,823	10,167	10,133	9,039	8,884	8,272	8,173
Enterprise Value	- -	- -	- -	- -	60,626	71,538	69,850	101,307	127,449	150,939	199,389	230,475	237,208	392,155	410,324
Total Capital	14,726	13,900	16,010	17,608	16,978	17,493	17,738	19,680	22,407	28,872	28,211	29,686	33,942	31,894	37,337
Total Debt/Capital (%)	14.62	9.94	31.22	28.92	36.13	29.5	37.54	33.42	30.45	35.21	35.92	30.45	26.17	25.94	21.89
Total Debt / EV	- -	- -	- -	- -	0.1	0.07	0.1	0.06	0.05	0.07	0.05	0.04	0.04	0.02	0.02
EV/Sales	- -	- -	- -	- -	0.52	0.6	0.54	0.72	0.83	0.91	1.02	1.02	0.98	1.54	1.49
EV/EBITDA	- -	- -	- -	- -	12.76	14.52	12.74	17.12	20.46	21.32	23.49	23.78	23.28	34.04	32.03
EV/EBIT	- -	- -	- -	- -	16.73	19.48	16.99	22.61	26.9	27.77	29.72	29.57	29.23	42.24	39.52
EV/Cash Flow to Firm	- -	- -	- -	- -	13.88	21.17	10.25	17.21	19.69	16.8	21.94	30.68	21.2	34.2	30.51
EV/Free Cash Flow to Firm	- -	- -	- -	- -	30.7	97.96	16.19	34.71	36.68	24.44	36.25	63.66	34.56	58.04	51.6
Diluted Market Cap	- -	- -	- -	- -	61,344	71,459	69,256	102,531	130,702	154,578	202,064	233,579	244,470	396,483	418,910
Diluted Enterprise Value	- -	- -	- -	- -	61,286	72,144	70,437	102,153	128,422	151,861	200,536	231,574	238,120	393,611	411,799
EV per Share	- -	- -	- -	- -	138.43	163.51	159.77	231.19	289.9	342.07	451.29	520.65	535.71	884.97	925.75
TTM Sales	88,915	99,137	105,156	112,640	116,199	118,719	129,025	141,576	152,703	166,761	195,929	226,954	242,290	254,453	275,235
TTM EBITDA	3,294	3,667	3,999	4,249	4,751	4,927	5,481	5,917	6,229	7,080	8,489	9,693	10,191	11,522	12,809
TTM Operating Income	2,439	2,759	3,053	3,220	3,624	3,672	4,111	4,480	4,737	5,435	6,708	7,793	8,114	9,285	10,383
TTM Cash Flow to Firm	3,273	3,118	3,504	4,058	4,368	3,379	6,816	5,888	6,473	8,985	9,088	7,511	11,187	11,467	13,450
TTM Free Cash Flow to Firm	1,983	1,638	1,421	2,065	1,975	730	4,314	2,919	3,475	6,175	5,500	3,620	6,864	6,757	7,952

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	08/31/2011	08/31/2012	08/31/2013	08/31/2014	08/31/2015	08/31/2016	08/31/2017	08/31/2018	08/31/2019	08/31/2020	08/31/2021	08/31/2022	08/31/2023	08/31/2024	08/31/2025

Price/Free Cash Flow	- -	- -	- -	- -	32.42	111.13	16.4	36.55	38.92	25.55	37.63	66.72	36.24	59.81	53.45
EV/EBIT	- -	- -	- -	- -	16.73	19.48	16.99	22.61	26.9	27.77	29.72	29.57	29.23	42.24	39.52
Enterprise Value	- -	- -	- -	- -	60,626	71,538	69,850	101,307	127,449	150,939	199,389	230,475	237,208	392,155	410,324
Low Price	- -	- -	- -	- -	132.19	137.77	142.75	120.97	195.78	276.7	309.2	407.97	448.25	537.97	848.16
EV/Sales	- -	- -	- -	- -	0.52	0.6	0.54	0.72	0.83	0.91	1.02	1.02	0.98	1.54	1.49
EV/EBITDA	- -	- -	- -	- -	12.76	14.52	12.74	17.12	20.46	21.32	23.49	23.78	23.28	34.04	32.03
Price/Earnings	- -	- -	- -	- -	25.62	30.22	25.7	32.47	35.47	38.49	40.24	39.87	38.8	53.72	51.63
Price/Earnings Average	- -	- -	- -	- -	26.78	28.87	26.46	26.64	28.77	33.84	33.29	38.83	35.65	42.95	52.63
Price/Earnings High	- -	- -	- -	- -	28.6	31.84	30	32.6	35.7	38.68	40.89	46.6	40.2	55.45	59.46
Price/Earnings Low	- -	- -	- -	- -	24.44	25.71	23.36	16.93	23.53	30.58	27.36	30.97	31.62	32.42	46.5
Price/Book Value	- -	- -	- -	- -	5.72	5.87	6.37	7.94	8.51	8.4	11.44	11.26	9.72	16.72	14.31
Price/Book Value Average	- -	- -	- -	- -	5.97	5.6	6.56	6.52	6.91	7.39	9.46	10.97	8.93	13.37	14.59
Price/Book Value High	- -	- -	- -	- -	6.38	6.18	7.44	7.98	8.57	8.45	11.62	13.16	10.07	17.26	16.48
Price/Book Value Low	- -	- -	- -	- -	5.45	4.99	5.79	4.14	5.65	6.68	7.78	8.75	7.92	10.09	12.89
Price/Tangible Book Value	- -	- -	- -	- -	5.72	5.87	6.37	7.94	8.51	8.4	11.44	11.26	9.72	16.72	14.31
Price/Tangible Book Value Average	- -	- -	- -	- -	5.97	5.6	6.56	6.52	6.91	7.39	9.46	10.97	8.93	13.37	14.59
Price/Tangible Book Value High	- -	- -	- -	- -	6.38	6.18	7.44	7.98	8.57	8.45	11.62	13.16	10.07	17.26	16.48
Price/Tangible Book Value Low	- -	- -	- -	- -	5.45	4.99	5.79	4.14	5.65	6.68	7.78	8.75	7.92	10.09	12.89
Price/Sales	- -	- -	- -	- -	0.52	0.6	0.53	0.72	0.85	0.92	1.03	1.03	1.01	1.56	1.52
Price/Sales Average	- -	- -	- -	- -	0.55	0.57	0.55	0.59	0.69	0.81	0.85	1	0.93	1.24	1.55
Price/Sales High	- -	- -	- -	- -	0.59	0.63	0.62	0.72	0.86	0.93	1.04	1.2	1.04	1.61	1.75
Price/Sales Low	- -	- -	- -	- -	0.5	0.51	0.49	0.37	0.56	0.73	0.7	0.8	0.82	0.94	1.37
Price/Cash Flow	- -	- -	- -	- -	14.21	21.58	10.24	17.62	20.42	17.38	22.49	31.52	22.06	34.9	31.36
Price/Cash Flow Average	- -	- -	- -	- -	14.85	20.61	10.54	14.46	16.56	15.29	18.61	30.7	20.27	27.91	31.97
Price/Cash Flow High	- -	- -	- -	- -	15.86	22.73	11.95	17.69	20.55	17.47	22.85	36.84	22.86	36.03	36.11
Price/Cash Flow Low	- -	- -	- -	- -	13.56	18.35	9.31	9.19	13.55	13.81	15.29	24.49	17.98	21.06	28.24
Price/Free Cash Flow Average	- -	- -	- -	- -	33.89	106.15	16.88	29.99	31.58	22.46	31.13	64.97	33.3	47.82	54.49
Price/Free Cash Flow High	- -	- -	- -	- -	36.2	117.08	19.13	36.7	39.18	25.68	38.23	77.97	37.55	61.74	61.56
Price/Free Cash Flow Low	- -	- -	- -	- -	30.93	94.54	14.9	19.05	25.82	20.3	25.59	51.83	29.54	36.09	48.14
EV/Sales Average	- -	- -	- -	- -	0.55	0.58	0.56	0.59	0.67	0.79	0.84	0.99	0.9	1.23	1.52
EV/Sales High	- -	- -	- -	- -	0.58	0.63	0.63	0.72	0.84	0.91	1.03	1.19	1.02	1.59	1.72
EV/Sales Low	- -	- -	- -	- -	0.5	0.51	0.49	0.37	0.55	0.72	0.69	0.79	0.79	0.93	1.34
EV/EBITDA Average	- -	- -	- -	- -	13.34	13.88	13.11	14.04	16.53	18.7	19.4	23.15	21.33	27.17	32.67
EV/EBITDA High	- -	- -	- -	- -	14.25	15.29	14.84	17.19	20.6	21.43	23.87	27.82	24.14	35.14	36.98
EV/EBITDA Low	- -	- -	- -	- -	12.17	12.37	11.6	8.89	13.45	16.86	15.91	18.42	18.85	20.44	28.79
EV/EBIT Average	- -	- -	- -	- -	17.49	18.62	17.48	18.54	21.74	24.36	24.55	28.79	26.8	33.71	40.3
EV/EBIT High	- -	- -	- -	- -	18.68	20.51	19.78	22.7	27.08	27.92	30.21	34.61	30.32	43.61	45.62
EV/EBIT Low	- -	- -	- -	- -	15.96	16.6	15.47	11.75	17.69	21.96	20.14	22.92	23.68	25.37	35.52
Last Price	- -	- -	- -	- -	138.56	161.94	157.06	232.06	295.09	348.23	454.74	525.18	550.05	891.46	941.79
High Price	- -	- -	- -	- -	154.69	170.6	183.29	232.99	297.02	350.02	462.05	613.79	569.92	920.24	1,084.62
Enterprise Value Average	- -	- -	- -	- -	63,375	68,363	71,865	83,057	102,975	132,405	164,683	224,390	217,422	312,996	418,450
Enterprise Value High	- -	- -	- -	- -	67,687	75,327	81,318	101,716	128,296	151,730	202,617	269,700	246,008	404,909	473,632
Enterprise Value Low	- -	- -	- -	- -	57,833	60,962	63,593	52,629	83,790	119,378	135,084	178,590	192,134	235,515	368,825

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	08/31/2011	08/31/2012	08/31/2013	08/31/2014	08/31/2015	08/31/2016	08/31/2017	08/31/2018	08/31/2019	08/31/2020	08/31/2021	08/31/2022	08/31/2023	08/31/2024	08/31/2025

Shares Outstanding	434	432	437	438	438	438	437	438	440	441	442	443	443	443	443
Diluted Weighted Avg Shares	443	439	441	442	443	441	441	442	443	444	444	445	444	445	445
Basic Weighted Avg Shares	436	434	436	439	439	439	438	439	440	442	443	444	444	444	444
Revenue per Share	203.88	228.63	241.33	256.76	264.42	270.69	294.28	322.85	347.25	377.03	442.19	511.56	545.88	573.2	619.92
EBITDA per Share	7.55	8.46	9.18	9.69	10.81	11.23	12.5	13.49	14.16	16.01	19.16	21.85	22.96	25.96	28.85
Operating Income per Share	5.59	6.36	7.01	7.34	8.25	8.37	9.38	10.22	10.77	12.29	15.14	17.57	18.28	20.92	23.39
Basic EPS, GAAP	3.35	3.94	4.68	4.69	5.41	5.36	6.11	7.15	8.32	9.05	11.3	13.17	14.18	16.6	18.24
Basic EPS from Cont Ops	3.54	4.07	4.73	4.76	5.48	5.42	6.19	7.25	8.42	9.18	11.46	13.33	14.18	16.6	18.24
Diluted EPS, GAAP	3.3	3.89	4.63	4.65	5.37	5.33	6.08	7.09	8.26	9.02	11.27	13.14	14.16	16.56	18.21
Diluted EPS from Cont Ops	3.48	4.02	4.68	4.72	5.44	5.38	6.16	7.2	8.36	9.14	11.43	13.3	14.16	16.56	18.21
Dividend per Share	0.89	1.03	8.17	1.33	6.52	1.7	8.9	1.57	2.36	3.34	12.97	3.38	2.82	20.37	4.92
Cash Flow per Share	7.33	7.05	7.89	9.08	9.75	7.51	15.34	13.17	14.45	20.03	20.22	16.66	24.94	25.54	30.03
Free Cash Flow per Basic Share	4.37	3.64	3.11	4.54	4.31	1.47	9.63	6.4	7.64	13.68	12.12	7.89	15.2	14.93	17.65
Cash & Equivalents per Share	12.93	11.23	14.02	16.71	14.66	10.81	13.22	16.57	21.48	30.15	27.56	24.96	34.4	25.15	34.48
Book Value per Share	27.64	28.59	24.8	28.11	24.24	27.61	24.65	29.21	34.67	41.44	39.75	46.63	56.59	53.31	65.8
Tangible Book Value per Share	27.47	28.44	24.65	28.11	24.24	27.61	24.65	29.21	34.67	41.44	39.75	46.63	56.59	53.31	65.8