FedEx Corporation Financial Ratios — FDX Stock

Profitability (USD)

	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	2026 Y
As of date	05/31/2012	05/31/2013	05/31/2014	05/31/2015	05/31/2016	05/31/2017	05/31/2018	05/31/2019	05/31/2020	05/31/2021	05/31/2022	05/31/2023	05/31/2024	05/31/2025	05/31/2026

Return on Common Equity (%)	13.57	16.91	14.22	6.94	12.65	20.08	25.77	2.91	7.13	24.64	15.58	15.57	16.14	14.7	14.85
Return on Assets (%)	7.09	8.56	6.98	3.02	4.41	6.34	9.06	1.01	2.01	6.69	4.53	4.59	4.97	4.69	4.75
Return on Capital (%)	12.41	15.05	12.01	5.68	8.2	11.38	- -	2.87	4.02	10.17	7.11	7.09	7.53	7.16	7.39
Return on Invested Capital (%)	12.3	14.93	11.89	5.7	8.22	10.19	- -	10.33	4.15	7.99	7.97	5.78	6.41	6.04	6.01
Gross Margin (%)	20.41	24.31	21.38	18.03	20.51	22.08	21.55	21.27	19.28	21.38	21.57	21.26	21.61	21.6	21.77
EBITDA Margin (%)	12.42	15.4	14.05	9.44	11.33	12.54	11.26	11.22	8.71	11.49	10.92	10.08	11.23	10.78	10.38
Operating Margin (%)	7.78	11.5	8.37	4.52	6.11	7.57	7.11	6.87	4.12	7.11	6.98	5.92	7.18	6.86	6.99
Incremental Operating Margin (%)	25.27	110.39	- -	- -	32.07	14.96	1.68	3.16	406.3	21.17	5.76	35.3	- -	- -	8.7
Pretax Margin (%)	7.36	9.8	8.03	3.43	5.44	7.59	6.65	0.94	2.41	7.95	5.24	5.95	6.66	6.19	6.12
Profit Margin (%)	4.76	6.13	5.1	2.21	3.61	4.97	6.99	0.77	1.86	6.23	4.09	4.41	4.94	4.65	4.68
Net Income to Common Margin (%)	4.76	6.13	5.1	2.21	3.61	4.97	6.99	0.77	1.86	6.23	4.09	4.41	4.94	4.65	4.68
Effective Tax Rate (%)	35.31	37.39	36.47	35.46	33.58	34.55	- -	17.56	22.95	21.62	21.85	25.94	25.79	24.79	23.48
Dvd Payout Ratio (%)	8.07	6.52	8.05	21.62	15.22	14.21	11.7	126.48	52.8	13.11	20.73	29.63	29.07	32.72	30.99
Sustainable Growth Rate (%)	12.48	15.81	13.08	5.44	10.72	17.22	22.75	-0.77	3.37	21.41	12.35	10.95	11.45	9.89	10.24

Credit (USD)

Credit Ratios API ChatGPT

	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	2026 Y
As of date	05/31/2012	05/31/2013	05/31/2014	05/31/2015	05/31/2016	05/31/2017	05/31/2018	05/31/2019	05/31/2020	05/31/2021	05/31/2022	05/31/2023	05/31/2024	05/31/2025	05/31/2026

Total Debt	1,667	2,990	4,737	7,268	13,762	14,931	16,585	17,581	36,121	36,462	37,194	38,332	37,719	37,416	42,943
ST Debt	417	251	1	19	29	22	1,342	964	1,974	2,354	2,525	2,516	2,531	3,993	5,101
LT Debt	1,250	2,739	4,736	7,249	13,733	14,909	15,243	16,617	34,147	34,108	34,669	35,816	35,188	33,423	37,842
Total Debt/EBITDA	0.31	0.44	0.74	1.62	2.41	1.97	2.25	2.25	5.99	3.78	3.64	4.22	3.83	3.95	4.37
Net Debt/EBITDA	-0.22	-0.28	0.29	0.78	1.79	1.45	1.81	1.95	2.76	1.37	1.26	1.51	1.39	1.59	1.26
Total Debt/EBIT	0.52	0.67	1.24	3.89	4.47	3.27	3.88	3.94	14.94	6.23	5.96	7.8	6.79	7.17	7.86
Net Debt/EBIT	-0.37	-0.43	0.48	1.88	3.32	2.4	3.12	3.42	6.88	2.27	2.07	2.79	2.46	2.89	2.27
EBITDA to Interest Expense	101.9	83.17	40.01	19.06	16.99	14.77	13.2	13.3	8.98	12.17	14.83	13.1	13.22	12.02	10.14
EBITDA-CapEx/Interest Expense	101.9	83.17	40.01	19.06	16.99	14.77	13.2	13.3	8.98	12.17	14.83	13.1	13.22	12.02	10.14
EBIT to Interest Expense	63.85	62.12	23.84	9.12	9.16	8.92	8.34	8.14	4.24	7.53	9.47	7.69	8.45	7.65	6.83
Interest Expense	52	82	160	235	336	512	558	588	672	793	689	694	745	789	970
Common Equity/Total Assets	49.25	51.83	46.2	41.04	29.99	33.1	37.1	32.64	24.88	29.2	29	29.94	31.7	32.04	31.99
Long-Term Debt/Equity (%)	8.49	15.74	31	48.35	99.63	92.76	78.51	93.58	186.65	141.13	139.02	137.29	127.58	119.05	119.58
Long-Term Debt/Capital (%)	7.62	13.43	23.66	32.56	49.85	48.09	42.34	47.02	62.75	56.26	55.8	55.6	53.89	51.04	50.73
Long-Term Debt/Total Assets (%)	4.18	8.16	14.32	19.84	29.88	30.71	29.13	30.54	46.44	41.2	40.32	41.1	40.44	38.14	38.25
Total Debt/Equity (%)	11.32	17.19	31.01	48.48	99.84	92.89	85.42	99.01	197.44	150.87	149.14	146.93	136.75	133.28	135.69
Total Debt/Capital (%)	10.17	14.67	23.67	32.65	49.96	48.16	46.07	49.75	66.38	60.14	59.86	59.5	57.76	57.13	57.57
Total Debt/Total Assets (%)	5.57	8.91	14.32	19.9	29.94	30.75	31.69	32.32	49.12	44.05	43.25	43.99	43.35	42.7	43.4
Net Debt to Equity	-7.99	-11.08	11.97	23.38	74.2	68.2	68.6	85.95	90.94	54.89	51.72	52.6	49.68	53.7	39.19
Net Debt/Capital (%)	-8.68	-12.46	10.69	18.95	42.6	40.55	40.69	46.22	33.59	24.78	23.35	23.84	23.3	25.13	20.24
EBITDA	5,299	6,820	6,402	4,478	5,708	7,561	7,367	7,819	6,032	9,650	10,215	9,088	9,846	9,481	9,832
EBITDA-CapEx	5,299	6,820	6,402	4,478	5,708	7,561	7,367	7,819	6,032	9,650	10,215	9,088	9,846	9,481	9,832
Operating Income (Loss)	3,320	5,094	3,815	2,143	3,077	4,566	4,652	4,786	2,852	5,973	6,523	5,338	6,298	6,032	6,623

Liquidity (USD)

Liquidity Ratios API ChatGPT

	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	2026 Y
As of date	05/31/2012	05/31/2013	05/31/2014	05/31/2015	05/31/2016	05/31/2017	05/31/2018	05/31/2019	05/31/2020	05/31/2021	05/31/2022	05/31/2023	05/31/2024	05/31/2025	05/31/2026

Cash Ratio	0.53	0.86	0.55	0.63	0.44	0.5	0.34	0.26	0.47	0.52	0.48	0.5	0.49	0.36	0.7
Current Ratio	1.69	1.96	1.82	1.74	1.5	1.59	1.39	1.45	1.58	1.51	1.43	1.37	1.36	1.19	1.48
Quick Ratio	1.4	1.73	1.58	1.59	1.35	1.46	1.22	1.27	1.45	1.4	1.31	1.25	1.24	1.09	1.37
CFO/Avg Current Liab	0.94	0.84	0.77	0.95	0.82	0.62	0.53	0.6	0.53	0.84	0.7	0.64	0.62	0.49	0.52
Common Equity/Total Assets	49.25	51.83	46.2	41.04	29.99	33.1	37.1	32.64	24.88	29.2	29	29.94	31.7	32.04	31.99
Long-Term Debt/Equity (%)	8.49	15.74	31	48.35	99.63	92.76	78.51	93.58	186.65	141.13	139.02	137.29	127.58	119.05	119.58
Long-Term Debt/Capital (%)	7.62	13.43	23.66	32.56	49.85	48.09	42.34	47.02	62.75	56.26	55.8	55.6	53.89	51.04	50.73
Long-Term Debt/Total Assets (%)	4.18	8.16	14.32	19.84	29.88	30.71	29.13	30.54	46.44	41.2	40.32	41.1	40.44	38.14	38.25
Total Debt/Equity (%)	11.32	17.19	31.01	48.48	99.84	92.89	85.42	99.01	197.44	150.87	149.14	146.93	136.75	133.28	135.69
Total Debt/Capital (%)	10.17	14.67	23.67	32.65	49.96	48.16	46.07	49.75	66.38	60.14	59.86	59.5	57.76	57.13	57.57
Total Debt/Total Assets (%)	5.57	8.91	14.32	19.9	29.94	30.75	31.69	32.32	49.12	44.05	43.25	43.99	43.35	42.7	43.4
CFO/Total Liabilities	31.86	28.99	23.96	24.91	17.74	15.18	14.2	15.32	9.23	17.29	16.1	14.49	13.99	11.81	13.26
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	- -	- -	- -	3.48	2.93	3.33	3.49	3.09	2.06	2.61	2.51	2.38	2.51	2.44	2.64

Working Capital (USD)

Working Capital Ratios API ChatGPT

	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	2026 Y
As of date	05/31/2012	05/31/2013	05/31/2014	05/31/2015	05/31/2016	05/31/2017	05/31/2018	05/31/2019	05/31/2020	05/31/2021	05/31/2022	05/31/2023	05/31/2024	05/31/2025	05/31/2026

Accounts Receivable Turnover	9.02	9.09	8.68	8.49	7.77	8.12	8.14	7.92	7.2	7.57	7.81	8.18	8.65	8.2	7.88
Days Sales Outstanding	40.48	40.17	42.07	42.99	47	44.93	44.84	46.08	50.67	48.19	46.71	44.64	42.19	44.53	46.32
Inventory Turnover	77.47	74.74	77.88	80.95	80.56	93.07	98.84	101.79	99.33	113.9	119.84	114.41	112.88	113.37	116.6
Days Inventory Outstanding	4.71	4.88	4.69	4.51	4.53	3.92	3.69	3.59	3.67	3.2	3.05	3.19	3.23	3.22	3.13
Accounts Payable Turnover	20.5	19.21	18.61	19.29	15.98	16.51	17.93	18.28	17.75	18.57	18.65	18.01	19.54	20.03	18.5
Accounts Payable Turnover Days	17.81	19	19.61	18.93	22.84	22.11	20.36	19.97	20.57	19.65	19.57	20.26	18.68	18.22	19.73
Cash Conversion Cycle	27.38	26.05	27.15	28.58	28.69	26.75	28.17	29.69	33.78	31.74	30.18	27.57	26.75	29.53	29.72
Inventory to Cash Days	35.77	35.29	37.38	38.48	42.47	41.01	41.14	42.49	47	44.99	43.66	41.45	38.96	41.31	43.19
Inventories	440	457	463	498	496	514	525	553	572	587	637	604	614	602	669
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	440	457	463	498	496	514	525	553	572	587	637	604	614	602	669

Enterprise Value (USD)

Enterprise Value API ChatGPT

	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	2026 Y
As of date	05/31/2012	05/31/2013	05/31/2014	05/31/2015	05/31/2016	05/31/2017	05/31/2018	05/31/2019	05/31/2020	05/31/2021	05/31/2022	05/31/2023	05/31/2024	05/31/2025	05/31/2026

Market Capitalization	- -	- -	- -	32,759	29,251	34,508	44,865	26,945	22,391	56,228	38,901	36,517	41,362	34,770	65,778
- Cash & Cash Equivalents	2,843	4,917	2,908	3,763	3,534	3,969	3,265	2,319	4,881	7,087	6,897	6,856	6,501	5,502	13,311
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	1,667	2,990	4,737	7,268	13,762	14,931	16,585	17,581	36,121	36,462	37,194	38,332	37,719	37,416	42,943
Enterprise Value	- -	- -	- -	36,264	39,479	45,470	58,185	42,207	53,631	85,603	69,198	67,993	72,580	66,684	95,410
Total Capital	16,394	20,388	20,014	22,261	27,546	31,004	36,001	35,338	54,416	60,630	62,133	64,420	65,301	65,490	74,590
Total Debt/Capital (%)	10.17	14.67	23.67	32.65	49.96	48.16	46.07	49.75	66.38	60.14	59.86	59.5	57.76	57.13	57.57
Total Debt / EV	- -	- -	- -	0.2	0.35	0.33	0.29	0.42	0.67	0.43	0.54	0.56	0.52	0.56	0.45
EV/Sales	- -	- -	- -	0.76	0.78	0.75	0.89	0.61	0.77	1.02	0.74	0.75	0.83	0.76	1.01
EV/EBITDA	- -	- -	- -	8.1	6.92	6.01	7.9	5.4	8.89	8.87	6.77	7.48	7.37	7.03	9.7
EV/EBIT	- -	- -	- -	19.42	12.83	9.96	13.62	9.45	22.19	14.62	11.08	13.84	13.06	12.78	17.46
EV/Cash Flow to Firm	- -	- -	- -	6.57	6.66	8.64	- -	6.92	9.55	7.96	6.67	7.26	8.19	8.74	9.87
EV/Free Cash Flow to Firm	- -	- -	- -	6.57	6.66	8.64	- -	6.92	9.55	7.96	6.67	7.26	8.19	8.74	9.87
Diluted Market Cap	- -	- -	- -	33,289	30,735	34,732	45,941	27,378	22,433	56,564	39,971	37,302	42,607	35,563	65,503
Diluted Enterprise Value	- -	- -	- -	36,794	40,963	45,694	59,261	42,640	53,673	85,939	70,268	68,778	73,825	67,477	95,135
EV per Share	- -	- -	- -	128.4	148.68	169.5	218.8	161.83	204.73	320.19	266.3	270.69	297.09	280.19	397.54
TTM Sales	42,680	44,287	45,567	47,453	50,365	60,319	65,450	69,693	69,217	83,959	93,512	90,155	87,693	87,926	94,720
TTM EBITDA	5,299	6,820	6,402	4,478	5,708	7,561	7,367	7,819	6,032	9,650	10,215	9,088	9,846	9,481	9,832
TTM Operating Income	3,320	5,094	3,815	2,143	3,077	4,566	4,652	4,786	2,852	5,973	6,523	5,338	6,298	6,032	6,623
TTM Cash Flow to Firm	4,869	4,739	4,366	5,518	5,931	5,265	- -	6,098	5,615	10,757	10,370	9,362	8,865	7,629	9,667
TTM Free Cash Flow to Firm	4,869	4,739	4,366	5,518	5,931	5,265	- -	6,098	5,615	10,757	10,370	9,362	8,865	7,629	9,667

Multiples (USD)

Valuation Multiples API ChatGPT

	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	2026 Y
As of date	05/31/2012	05/31/2013	05/31/2014	05/31/2015	05/31/2016	05/31/2017	05/31/2018	05/31/2019	05/31/2020	05/31/2021	05/31/2022	05/31/2023	05/31/2024	05/31/2025	05/31/2026

Price/Free Cash Flow	- -	- -	- -	6.2	5.38	7.05	9.83	4.88	4.4	5.58	4.07	4.22	5.13	5.05	7.34
EV/EBIT	- -	- -	- -	19.42	12.83	9.96	13.62	9.45	22.19	14.62	11.08	13.84	13.06	12.78	17.46
Enterprise Value	- -	- -	- -	36,264	39,479	45,470	58,185	42,207	53,631	85,603	69,198	67,993	72,580	66,684	95,410
Low Price	- -	- -	- -	109.26	80.95	97.17	80.65	103.31	58	86.23	129.7	94.7	143.9	127.87	143.77
EV/Sales	- -	- -	- -	0.76	0.78	0.75	0.89	0.61	0.77	1.02	0.74	0.75	0.83	0.76	1.01
EV/EBITDA	- -	- -	- -	8.1	6.92	6.01	7.9	5.4	8.89	8.87	6.77	7.48	7.37	7.03	9.7
Price/Earnings	- -	- -	- -	31.2	16.07	11.51	9.81	49.9	17.41	10.78	10.41	9.37	9.81	8.68	14.65
Price/Earnings Average	- -	- -	- -	31.01	15.14	10.72	9	67.46	20.1	8.33	11.44	8.67	9.82	10.52	10.35
Price/Earnings High	- -	- -	- -	32.48	17.96	11.96	10.68	85.76	23.97	10.89	14.66	10.66	11.63	12.45	14.79
Price/Earnings Low	- -	- -	- -	29.39	11.81	8.7	4.69	49.9	11.82	4.42	9.02	6.1	8.34	7.59	7.69
Price/Book Value	- -	- -	- -	2.18	2.12	2.15	2.31	1.52	1.22	2.33	1.56	1.4	1.5	1.24	2.08
Price/Book Value Average	- -	- -	- -	2.17	2	2	2.12	2.05	1.41	1.8	1.71	1.3	1.5	1.5	1.47
Price/Book Value High	- -	- -	- -	2.27	2.37	2.23	2.52	2.61	1.68	2.35	2.2	1.59	1.78	1.78	2.1
Price/Book Value Low	- -	- -	- -	2.06	1.56	1.62	1.1	1.52	0.83	0.95	1.35	0.91	1.27	1.08	1.09
Price/Tangible Book Value	- -	- -	- -	2.98	4.85	4.11	3.75	2.58	1.93	3.34	2.15	1.86	1.95	1.62	2.64
Price/Tangible Book Value Average	- -	- -	- -	2.97	4.57	3.83	3.44	3.48	2.23	2.58	2.36	1.72	1.96	1.96	1.86
Price/Tangible Book Value High	- -	- -	- -	3.11	5.42	4.27	4.08	4.43	2.66	3.38	3.03	2.11	2.32	2.32	2.66
Price/Tangible Book Value Low	- -	- -	- -	2.81	3.57	3.11	1.79	2.58	1.31	1.37	1.86	1.21	1.66	1.42	1.38
Price/Sales	- -	- -	- -	0.69	0.58	0.57	0.69	0.39	0.32	0.67	0.43	0.41	0.48	0.4	0.69
Price/Sales Average	- -	- -	- -	0.69	0.55	0.53	0.63	0.52	0.37	0.52	0.47	0.38	0.48	0.49	0.48
Price/Sales High	- -	- -	- -	0.72	0.65	0.59	0.75	0.66	0.45	0.68	0.6	0.47	0.57	0.58	0.69
Price/Sales Low	- -	- -	- -	0.65	0.43	0.43	0.33	0.39	0.22	0.28	0.37	0.27	0.41	0.35	0.36
Price/Cash Flow	- -	- -	- -	6.1	5.12	7	9.6	4.8	4.39	5.56	4.05	4.21	5.11	5.05	7.28
Price/Cash Flow Average	- -	- -	- -	6.07	4.83	6.51	8.8	6.49	5.07	4.3	4.45	3.89	5.12	6.12	5.14
Price/Cash Flow High	- -	- -	- -	6.36	5.73	7.27	10.45	8.25	6.05	5.62	5.71	4.79	6.06	7.24	7.34
Price/Cash Flow Low	- -	- -	- -	5.75	3.77	5.29	4.59	4.8	2.98	2.28	3.51	2.74	4.35	4.42	3.82
Price/Free Cash Flow Average	- -	- -	- -	6.17	5.07	6.56	9.01	6.59	5.08	4.31	4.47	3.9	5.13	6.13	5.18
Price/Free Cash Flow High	- -	- -	- -	6.46	6.02	7.32	10.7	8.38	6.06	5.64	5.73	4.8	6.07	7.25	7.41
Price/Free Cash Flow Low	- -	- -	- -	5.84	3.96	5.32	4.7	4.88	2.99	2.29	3.52	2.75	4.36	4.42	3.85
EV/Sales Average	- -	- -	- -	0.76	0.75	0.71	0.83	0.74	0.82	0.87	0.78	0.72	0.83	0.84	0.8
EV/Sales High	- -	- -	- -	0.79	0.85	0.78	0.95	0.88	0.9	1.03	0.91	0.81	0.91	0.93	1.01
EV/Sales Low	- -	- -	- -	0.72	0.63	0.61	0.53	0.61	0.67	0.62	0.68	0.61	0.76	0.71	0.68
EV/EBITDA Average	- -	- -	- -	8.05	6.62	5.7	7.39	6.61	9.46	7.55	7.15	7.18	7.37	7.81	7.74
EV/EBITDA High	- -	- -	- -	8.4	7.52	6.19	8.44	7.87	10.29	8.93	8.33	8.04	8.15	8.63	9.77
EV/EBITDA Low	- -	- -	- -	7.67	5.56	4.9	4.72	5.4	7.7	5.43	6.27	6.08	6.74	6.58	6.52
EV/EBIT Average	- -	- -	- -	19.32	12.28	9.43	12.75	11.57	23.62	12.44	11.7	13.29	13.06	14.2	13.93
EV/EBIT High	- -	- -	- -	20.14	13.95	10.25	14.55	13.79	25.67	14.72	13.63	14.87	14.43	15.68	17.57
EV/EBIT Low	- -	- -	- -	18.41	10.31	8.11	8.14	9.45	19.21	8.95	10.25	11.25	11.94	11.95	11.74
Last Price	- -	- -	- -	115.99	110.16	128.64	168.71	103.31	85.48	210.32	149.71	145.38	169.31	146.09	274.07
High Price	- -	- -	- -	120.75	123.1	133.59	183.69	177.55	117.64	212.55	210.87	165.45	200.62	209.69	276.58
Enterprise Value Average	- -	- -	- -	36,070	37,779	43,078	54,449	51,689	57,079	72,846	73,053	65,263	72,602	74,065	76,092
Enterprise Value High	- -	- -	- -	37,608	42,914	46,797	62,168	61,570	62,056	86,199	85,092	73,036	80,229	81,820	96,011
Enterprise Value Low	- -	- -	- -	34,362	31,721	37,029	34,766	42,207	46,433	52,428	64,000	55,263	66,373	62,347	64,137

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	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	2026 Y
As of date	05/31/2012	05/31/2013	05/31/2014	05/31/2015	05/31/2016	05/31/2017	05/31/2018	05/31/2019	05/31/2020	05/31/2021	05/31/2022	05/31/2023	05/31/2024	05/31/2025	05/31/2026

Shares Outstanding	317	317	285	282	266	268	266	261	262	267	260	251	244	238	240
Diluted Weighted Avg Shares	317	317	310	287	279	270	272	265	262	269	267	257	252	243	239
Basic Weighted Avg Shares	317	317	285	282	266	268	266	261	262	268	266	256	251	243	237
Revenue per Share	134.81	139.89	159.65	168.02	189.68	224.85	246.12	267.22	264.19	313.28	351.55	352.17	349.37	361.84	399.66
EBITDA per Share	16.74	21.54	22.43	15.86	21.5	28.19	27.7	29.98	23.02	36.01	38.4	35.5	39.23	39.02	41.49
Operating Income per Share	10.49	16.09	13.37	7.59	11.59	17.02	17.49	18.35	10.89	22.29	24.52	20.85	25.09	24.82	27.95
Basic EPS, GAAP	6.42	8.58	8.14	3.72	6.85	11.17	17.19	2.07	4.91	19.52	14.38	15.52	17.25	16.84	18.7
Basic EPS from Cont Ops	6.42	8.58	8.14	3.72	6.85	11.17	17.19	2.07	4.91	19.52	14.38	15.52	17.25	16.84	18.7
Diluted EPS, GAAP	6.41	8.57	7.5	3.66	6.52	11.1	16.79	2.04	4.9	19.45	14.33	15.48	17.21	16.81	18.55
Diluted EPS from Cont Ops	6.41	8.57	7.5	3.66	6.52	11.1	16.79	2.04	4.9	19.45	14.33	15.48	17.21	16.81	18.55
Dividend per Share	0.52	0.56	0.66	0.8	1.04	1.59	2.01	2.62	2.59	2.56	2.98	4.6	5.02	5.51	5.8
Cash Flow per Share	15.27	14.81	14.94	19	21.5	18.38	17.58	21.52	19.45	37.82	36.96	34.56	33.12	28.95	37.66
Free Cash Flow per Basic Share	15.27	14.81	14.94	19	21.5	18.38	17.58	21.52	19.45	37.82	36.96	34.56	33.12	28.95	37.66
Cash & Equivalents per Share	8.98	15.53	10.19	13.32	13.31	14.8	12.28	8.89	18.63	26.51	26.54	27.29	26.61	23.12	55.46
Book Value per Share	46.52	54.96	53.52	53.09	51.91	59.92	73.01	68.08	69.84	90.4	95.98	103.86	112.9	117.96	131.86
Tangible Book Value per Share	38.98	46.25	43.75	38.86	22.71	31.28	44.99	40.09	44.29	62.93	69.63	78.24	86.61	90.21	103.81